ThredUp review quick take: An online platform that enables individuals to buy and sell designer brands, high-end items, secondhand high-quality clothes, shoes, and accessories for women and children.
What is ThredUp?
ThredUP is an e-commerce platform like an online thrift store or consignment shop. The company founded in 2009 offers an online shopping experience for sellers wanting to monetize their fashion collections to buyers looking for affordable luxury items at discounted prices.
James Reinhart, the CEO, says, “I came up with an idea to start ThredUP because I knew there was value locked in those clothes.” This platform’s mission is to encourage people to embrace secondhand items to minimize waste and environmental impact.
How ThredUp for Sellers Work
As a ThredUp Seller, you can sell new, used, gently worn, luxury, or designer clothes, shoes, and accessories. Sellers enjoy benefits such as item pricing, promotion, and direct payments from the sale of the products.
Who is it best for?
The platform is best for anyone who wants to sell used and unwanted high-quality items. Whether you’re getting rid of your clothes or sourcing used high-quality clothing to resell, ThredUp can be a side hustle.
How to Sell on ThredUp
The platform has enabled sellers, including brands, to sell their merchandise easily.
- To sell your products, order a kit. The kit contains a bag to fill with clothes or shoes. After filling the bags of clothes, you return them to the company using the prepaid shipping label. The items are reviewed and listed on the website. When the items are sold, you will get paid.
- You can check the payout estimate for any item you send. The listing price is determined by an algorithm that considers the thousands of items on the platform.
- Nothing else for you to do. ThredUP does all the work.
- Request items back. Any unaccepted items or unsold items can be returned to you for a fee.
Pros and Cons
Pros
- Simple process. Send your items and let them do the work from quality control, photos, placements, and shipping to customers.
- Easy payouts. Use the payout estimator to determine how much you can make. Once items have sold, request your payments via cash or credit.
- The company has helped reduce clothing waste by encouraging secondhand products.
Cons
- Fees can eat away at your profit.
- Unaccepted items aren’t returned unless you pay to have them shipped back.
Key Features
- Less work: You don’t need to deal with customers, research, shipping, and returns.
- Convenient services: All items undergo a thorough inspection. If it meets the quality standards that the company prefers, they are photographed and listed to be sold.
- Guarantee sustainability: The company aims to reduce the waste of clothes, shoes, and other fashion materials by encouraging reselling, reusing, and recycling.
- High level of expertise: Seller support and buyer customer service are offered through a seamless platform.
Minimum Requirements
- You must be of legal age in the state in which you reside.
- There are no location restrictions.
- Clothing and accessories must be in good or excellent condition.
Fees
- Commissions on items sold can vary.
- State sales taxes are included.
- Listing fees may be applicable depending on the type of clothing or accessory.
- A restocking fee applies to returned items.
The fees and taxes are taken before your payout. You can estimate your payout percentages for each item listed.
Getting Paid
You can request payment once your products are sold and the return window has passed.
Our ThredUP Review
ThredUp is a legitimate website to sell your used clothes and make money. However, it has a low Trustpilot rating of 2.5%, with a mixture of positive and negative reviews by sellers and buyers. Our ThredUp review found the platform is working for many sellers who state they are earning hundreds or thousands of dollars each month. But earnings will vary based on the items you sell.
If you don’t want to deal with listing, marketing, return policies, and offering customer support, ThredUp is the marketplace for you.
For buyers: It’s worth noting that ThredUp offers a great shopping experience where you can find your favorite brands and expensive items at a discount. Shoppers can buy with a 7-day return period and get customer support.
ThredUp Alternatives
ThredUP alternatives to selling luxury goods and designer clothing include Poshmark, The RealReal, and Vestiaire Collective.
If you have non-designer clothing that doesn’t meet their requirements, alternatives include eBay, Nextdoor, and Mercari. To sell other items such as tech gadgets and furniture, find an online marketplace to sell those items.
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