I made a deliberate effort this year to live with just what I needed and to discard what I no longer required. I not only got rid of 40% of my belongings and moved into a smaller flat, but I also had a great time doing it.
I did it partly because I was tired of staring at my always-full closet and partly to ensure that everything would fit into my new, smaller apartment.
Furniture, cookware, and clothes were mostly given and sold. It took roughly a month to complete the procedure.
thredUP is a consignment store that operates online. You may ship your gently worn, name-brand clothes to the site. They accept both women’s and children’s apparel.
To get started, go to their website and request a “Clean Out Bag.” Then you stuff your unwanted clothes, shoes, and accessories into the prepaid label and mail it to them.
In other words, you must pay ThredUP to process and pay you for your clothing. It may seem strange, but the benefits include the opportunity to profit from gently used designer items in your wardrobe.
It’s a risk, but ordering a bag and returning it is a simple process. You have the option of donating the rejected clothes or having them returned to you.
Some clothes may be bought, and you have the option of having thredUP donate the stuff they don’t buy, depending on how much you sell (or don’t).
If you can’t face parting with your belongings, you may pay $10.99 to have them returned to you through thredUP. Before sending in your luggage, you must choose this option.
If you purchased a bag from thredUP.com, it has already been “activated” and linked to your account.
It may take a buyer up to five weeks to process your clothing as of this writing. You must pay a $10.99 charge if you want your garments handled quickly. Your payment will be reduced by this amount.
What is the purpose of thredUP?
It may be worth your time to utilize thredUP if you use it with the right expectations.
ThredUP, in my opinion, is for everyone who wishes to get rid of their unwanted clothes via mail. It’s for folks who don’t want to go to their local consignment shop or spend time putting each item on eBay or Poshmark.
If you don’t live near a Salvation Army or Goodwill and believe it’s worth a shot to get a few extra dollars by shipping your things in, thredUP could be a good option.
In my view, it is not worth it to pay the $10.99 postage price to have your goods returned to you.
If you choose this option, it indicates that you are concerned about the products you have turned in. Consider selling them separately on eBay or Poshmark if this is the case. Alternatively, pay a visit to your local consignment shop. At the very least, you’d save $11.
If you got a bag from someone other than thredUP.com (such as a family member or friend), you’ll have to activate it on their site.
Go to their website and sign up with your email address and the information on the prepaid shipping label. This will make it work.
Then you send it out in their pre-labeled bag, which eliminates the need to pay for postage. If you want to avoid having to go to the post office, you may have your bag picked up by USPS.
What Should You Know About thredUP
I’ve noticed a number of unfavorable thredUP reviews in the comments areas of blogs that have utilized the service. Many of the evaluations are from disgruntled customers who sent in a large bag of their most wonderful clothing in the hopes of making a few dollars.
The fact that an item they sold was sold on the site for 10 times the price seems to be the source of many of the complaints.
You must realize that ThredUP is a company. They, like any other business, must make a profit in order to thrive.
So you must accept the reality that unless you have a really high-end designer item, you will not get a huge reward. (I’ll explain why in a minute!)
I prefer to think of thredUP as a convenient method to get rid of my unwanted items through the mail. It’s a different alternative than donating and selling locally.
How much money can you make?
When deciding whether or not to purchase your clothes, thredUP follows the same standards as real consignment businesses. They take into account the following factors:
How recent is the item?
The goods’ seasonality
quality of the item’s age
The current state of Thredup’s inventory cash out balance
This is similar to how Buffalo Exchange and Crossroads Trading inspect clothes before purchasing them.
If you’ve sold to consignment shops before, you’ll know that sometimes expensive designer things won’t be bought since the store already has too many.
It’s one of the drawbacks of attempting to market something that’s in style right now.
The most effective approach to earning money with ThredUP
Designer clothing is important to consignment retailers, and thredUP is no exception. Listen up if you want to earn more than a few dollars and have a lot of high-end designer labels.
These things are referred to as LUXE-brand items on ThredUP, and you may make a considerable sum! They now accept over 600 LUXE brand goods.
Here’s a screenshot of their LUXE-brand item price. In the very right column, you’ll notice the LUXE-brand payment percentage.
thredup luxury brand percentages
Let’s assume you have a Louis Vuitton bag that costs $899; you can get 90% of that amount, or $809!
Take it from someone who has sold a lot of Louis Vuitton bags on eBay: it takes time and effort to post something and wait for it to sell.It’s worth it if you can save time by selling to ThredUp instead.
ThriftUp has been a great experience for me.
I liked my experience with thredUP because I knew what to expect and wasn’t surprised or upset when my items only made $15.
clean-up kit for thrift
The Clean Out Bag is included in this envelope.
I purchased the Clean Out Bag from ThredUP. It took approximately a week and a half to arrive. It was stuffed with a few shirts, pants, and a few accessories. They were largely well-known companies with a lower price point, such as Gap, Old Navy, and H & M.
I sent it in and earned a total of $15 for the products I sold approximately a month later. I asked them to contribute the remainder. I had no intention of paying the price to have them return the items I didn’t want in the first place. Plus, if I had gone that way, I would have only earned $4.
The bag includes a pre-paid postage label, so all you have to do is drop it off at a USPS location or arrange for a pickup. ThriftUP also offers a step-by-step guide in the form of a pamphlet.
Tips to Assist You in Deciding Whether or Not to Use ThredUP
Here’s a simple guide to help you decide if it’s worth your time to utilize thredUP. If you answered “yes” to any of the following questions, thredUP may not be the right fit for you.
Do you need your products shipped back to you?
Do you think the stuff you have is worth more than what you might possibly make through ThredUP?
Are you in a rush to get your money?
If you have a lot of old, out-of-date, or worn-out things, you should donate them.
If you’re looking to make more than a few dollars,
When your expectations aren’t met, you can be disappointed when thredUP only offers you a few dollars for the whole bag you sent in. The way to think about ThredUP is that it’s for convenience and earning a little cash with no expectations.
Throwing your clothes inside the bag requires very little effort and time (besides sorting the items you want to get rid of).
If you wish to sell on eBay or Poshmark, bear in mind that it takes time to sell online. You’ll have to photograph the things, create a description, measure them, and then respond to client queries.
I used to run my own eBay consignment business, and I used to receive a lot of queries from consumers who wanted to know about the color, condition, and sizes, as well as low-ballers who wanted a significant discount.
It was a huge waste of time, so I shut it down after selling my last thing.
How to Sell Your ThredUP Items
If you have a lot of things to get rid of, my advice is to keep organized as much as possible to avoid being overwhelmed.
Sort your goods into three piles based on the following criteria:
Items with high-priced brand names
Items with a lower brand name
When you’re sorting, don’t forget to keep track of the condition of the things. If it’s worn out and outdated, it should be donated.
The same may be said about high-end designer clothing. It’s best to give it away even if it has a fancy label but is in poor condition.
What Should You Sell If You’re a Designer?
See what sort of apparel thredUP sells and which brands are in popular demand by visiting their website.
They accept 35,000 brands, and designer products are typically worth more, just like consignment stores and people who buy on eBay and Poshmark.
So, after you’ve established your three piles, keep an eye out for these brands:
Clothing with a High-End Brand Name
Brand name apparel that, in my experience, is virtually always accepted by consignment businesses such as Buffalo Exchange and Crossroads Trading includes the following:
thredUP divides their brands into several categories, such as top brands, designer brands, and premium brands.
Among the designer labels are:
Giorgio Armani is an Italian fashion designer.
Max Mara is a fashion house founded by Max Mara.
The Theory of Diane von Furstenberg
Tory Birch is a fictional character created by Tory Birch.
The following are some of the most well-known premium brands:
BCBG Coach Vince, Max Azria, Free People
New York is a fashion designer who is known for her work in New York, a city in the United States.
Rebecca Minkoff is a fashion designer.
7 For All Mankind by J. Brand
Michael Kors is a designer that is well-known for
These are their most well-known brands:
Banana Republic LOFTAnn Taylor
BCBG Max Azria is a fashion designer.
Talbots for Free People Lululemon Athletica
Madewell by Lilly Pulitzer
I utilized thredUP’s Payout Estimator to figure out how much money I’d make if I sold a designer item. A Lululemon garment, for example, will set you back $9 to $12. A fashionable Alexander Wang garment might fetch $197. That’s a significant distinction.
Clothing from well-known brands at a low price.
I’d consider donating your low-end brand name products unless they’re in excellent shape.
It doesn’t matter if your products still have tags on them or are in excellent condition; if they are from a lower-end retailer like Old Navy or Target, you won’t receive much for them.
I put in an H & M dress into thredUP’s Payout Estimator, and the results revealed a variety of dresses with rewards ranging from $0.65 to $9.
What to Donate and How to Decide
Remember that ThredUP is purchasing it from you in the hopes of selling it, so if it’s old and in bad shape, it won’t be accepted.
If you’re not sure if an item is in decent shape, toss it in the donation pile.
Any clothing that contains any of the following should be donated:
T-shirts that have been pilled
Colors that have deteriorated
rips, tears, stains, or holes in the fabric.
If the cloth has lost its form due to stretching,
5 Points to Consider Before Sending in Your Bag
While it may be tempting to toss anything you don’t wear into the clean out bag, take your time and be careful with your belongings. Here are a few pointers to get you started:
1. Send in seasonally appropriate products.
Consider including goods that are suitable for the next season in your bag if you turn it in at the end of the season. To put it another way, if it’s August, include autumn goods as well. After all, it may take up to five weeks for the paperwork to be processed.
Select things that are in excellent shape.
Because I’ve had purchasers at consignment stores reject pricey brand name duds because of a teeny tiny imperfection, I emphasize this so much. It may have been a bit of dirt or a little spot on the sleeve.
It was often so little that I didn’t even realize it was there until it was investigated.
Consignment stores teach their consumers to look for problems in everything they purchase, and I’m sure ThredUP is no different.
On their website, thredUP makes it clear that merchandisers inspecting your things will analyze everything and will notice even the smallest defect.
3. Go to ThredUP’s website.
It’s useful to know what ThredUP has for sale on their website. Get to know their well-known brands and the types of clothes they offer.
4.Be aware of their wage structure.
ThredUp features a handy chart that tells you how much you’d be paid as a percentage of different listing prices.
The following is their payment structure:
Thredup’s pay structure5. Make use of their Payout Calculator.
This tool is really useful since it allows you to determine whether or not it is even worth placing that item in the bag. That way, if I got a payment estimate of $0.50, for example, it would go into the contributing pile immediately.
Time to Process
My outfit took roughly a month to be processed. According to the website, thredUP will take up to five weeks to process your kit when it is received.
You may accelerate your bag’s processing for $10.99, and it will be handled within a week. Your profits will be reduced to cover the cost.
Even if you load the bag to the brim, just 40% of your things will be accepted by thredUP. You have the option of having your products returned to you for $10.99 or having them recycled through thredUP.
It takes one to three weeks for your clean out bag to be processed and listed online when they get it.
How Can I Get Paid?
You may get paid from ThredUP in a variety of ways.
You must wait at least 14 days after successfully selling products and receiving payment from ThredUP.
The nature of thredUP’s business necessitates the 14-day wait.
As thredUP has expanded, we’ve learnt more about the expenses to continue giving exceptional value to our clients,” the website states. We incur costs in obtaining goods, processing that inventory, and then reselling that product to generate money. Because of the time, we have to invest a lot of money up front (item costs + labor) in order to produce the large number of things we do.
The money may be paid out into your PayPal account or a ThredUP Visa Prepaid Card when the 14-day timeframe has elapsed.
How to Make a PayPal Payment
There are a few steps involved in receiving money from ThredUP in your bank account.
You must first log into your ThredUP account.
Go to the My Selling History page or the Account page. You’ll be able to check your cashout balance and transfer money to your PayPal account from there. The transmission is very instantaneous and takes just a few minutes.
One thing to keep in mind is that PayPal will charge you a 2% fee on the amount you withdraw.
The second step is to sign in to your PayPal account.
You should be able to view the funds in PayPal after logging in. After that, you may deposit money into your bank account.
Alternatives to Selling Your Clothes
Try the following possibilities to sell if you want to make more than a few cash from your garments and feel it’s worth the time and effort.
Poshmark is my favorite place to sell since it’s primarily app-based, so you can post and sell right from your phone. Poshmark has a review that describes how to utilize it and what to anticipate.
LetGo OfferUp consignment stores
Summary of Trading at the Buffalo Exchange Crossroads
In general, I was pleased with my experience with ThredUp. I mostly used it because it was easy and because I like the idea of selling and reusing clothes.
I didn’t expect to earn much money, so being able to give the remainder of my clothing to thredUP made my life simpler.
If you have a lot of high-end or top-selling goods, thredUP is a great way to save money.
You could be better off selling on eBay or Poshmark if you don’t have many prominent brand names or designer labels in your wardrobe but want to earn more than a few cents.
Also, unless you’re willing to fork out the charge to expedite processing, thredUP may not be worth it if you’re in a hurry to get rid of your stuff and generate a profit.