I should start by saying that this is not a sponsored post of any kind. ThredUp doesn’t know me from Adam, it’s just a cool service that I wanted to share with you guys!
I’ve had a big box of clothes waiting to be consigned for over a year. No kidding, it sat in the spare room of my house for one full year. I attempted to sell some of the items via Instagram twice and had some luck, but I still had a large box that was looking for a new home. Most of the items I had outgrown (sad face) or weren’t my style anymore, but there were also a few pieces that were new with tags – things I had purchased online, final sale – that didn’t fit once I received them.
I listed a few of the NWT (new with tags) items for sale on Ebay, and had some success. Sadly a few people who won the bidding never paid and I was running out of energy to re-list the items. I asked around, looking for a great consignment store in Charlotte, but I didn’t have much luck. There’s a Buffalo Exchange near my house but somehow I didn’t think the hipsters in Plaza Midwood would give me much for my Lily Pullitzer dresses and J.Crew tops. I’ve also heard that places like Plato’s Closet and Clothes Mentor pay hardly anything and sometimes only offer store credit instead of cash.
So! That brought me to the world of online consignment. I did some research and found a few sites that looked cool, mainly Twice, Poshmark, and ThredUp.
The great thing about Twice is that they will purchase items from you up-front, and then list the items for sale later. This means that sellers receive money when the items are received, instead of waiting for them to sell. Ultimately, I decided against Twice because they only accept high end brands, and nothing can be more than five years old.
With Poshmark (they have a website and an app), anyone can go on the site and list the items they wish to sell. Once the item sells, Poshmark takes a small cut or percentage of the profits. I think Poshmark has the potential to be a lot of fun (mainly for shopping) but dang it seemed like a lot of work to sell something on there, kind of like Ebay.
I’ll be honest and say that ThredUp had a decent number of negative reviews but eventually I just said, “What the heck!” and decided to give it a try. Here’s how it works…
ThredUp sends you a large bag marked with prepaid postage. The bag is huge and can fit the same amount of clothing as a medium-sized laundry hamper. Once you have decided on the clothes you’d like to sell, run them through ThredUp‘s Clothing Calculator to make sure that they accept the brand, and to get an idea of how much they will buy it for. You send the bag back via regular mail or FedEx, it’s all free. A week or so later they will email you telling you which items they are keeping, and how much they are going to pay you. They can either donate the items that they don’t accept, or for a fee of $12.99, you can have them sent back to you.
So, with my polka-dot bag in hand, I looked though my pile of clothes and made sure they were all in good condition and were all brands that ThredUp would accept, thanks to the Clothing Calculator. For items that didn’t fit the criteria (pajamas, things with holes/stains, brands like Target), I made a separate pile and put in a box to take to Goodwill. In the end, I mailed in items from:
- Lily Pullitzer (1)
- Micheal Kors (1)
- Polo Ralph Lauren (3)
- Gap (2)
- Madewell (1)
- Rock & Republic (1)
- Seven for All Mankind (1)
- Ann Taylor Loft (2)
- J.Crew (13) – omg
- Anthropologie (1)
- Independent boutique brands (2)
For a total of 28 items. Just left the bag by the mailbox and it was good to go! So easy.
I waited probably two weeks and then received an email from ThredUp, which shows a detailed listing of which items they kept.
They kept 21 of the 28 items I sent, not too shabby!
After receiving your upfront payout, you have 14 days to use your credit in the ThredUp shop. If you simply want cash, they will issue you a payout via PayPal. If you have items that are being sold consignment payout rather than upfront payout (like the Lily Pullitzer dress above), you have to wait until the item sells, as you only receive 60% of whatever the items sells for. The third option is to donate your payout to a charity, which you can do via the ThredUp site.
Overall, I was pretty pleased with my payout, although it does make my head spin to think about how much money I paid for all of those items in total. Yikes. Let’s just say that in college I loved to shop and obviously had not yet learned the importance of saving money. Anyway, I found the online consignment route to be convenient and I made a little cash back in my pocket, so I will definitely use the service again.
If you have any interested in buying any of the items I sent in, you can find my whole bag right HERE. It doesn’t benefit me in any way, but just, ya know, if you’re interested. Also, if you’re interested in giving ThredUp a try, you can get $10 off your purchase if you sign up using THIS LINK. Let me know if you guys have tried, or end up trying it, and if you have any success!