You’re paid in one or two ways on ThredUP: upfront or consignment. You don’t get to choose, ThredUP does and it could be different for each item (not bag). If they choose upfront, you’ll receive a payout as soon as these items are processed.
Full Answer
How do I cash out on thredUP?
- Make money selling clothes for cash. It doesn't even need to take that much effort and there are loads of different places you can sell clothes for cash.
- Selling clothes online. Selling clothes online can be one of the easiest ways to make a few quid.
- Preloved.
- Vinted.
- ASOS Marketplace.
- Depop.
- Shpock boot sale app.
- eBay.
How do you make money from selling on thredUP?
HOW TO GET THE MOST VALUE FROM YOUR CLOTHES ON THREDUP?
- Sort Out. Every so often, make sure to declutter — especially with clothes. ...
- Wash Them Off. As much as possible, you want to make a good amount of money on your stuff, right? ...
- Ship Seasonally Appropriate Items. Another secret to ensure you get to make the best out of the items you have is to only sell them at an appropriate time.
Is Thredup worth it?
ThredUp is worth it to buy occasionally with good deals for brand new items that you can use coupons and reward points for additional discounts. Managing your expectations for what to pay and knowing that you are buying second-hand is a good way to prevent disappointment. Beginner’s Guide to Shipping: How To Ship a Package Cheap
How does Thredup pay you?
thredUP is the best place to sell clothes online and earn cash! Get paid up to 70% of the resale value of your clothes. Order a bag and get started today!
How do you get your payout from thredUP?
Check the email address associated with your thredUP account. You'll receive a verification code in order to complete your cash out request. After you enter the code, your earnings will be deposited to your PayPal account, minus a $0.25 transfer fee. Cash outs can be made up to $1,000 at a time.
Does thredUP actually give you money?
If your clothing is “on-trend, in-season and in great condition,” ThredUp pays you for it upfront. If your clothes are in great condition but offseason, the site consigns them and pays you after they sell. ThredUp pay: 5 to 80 percent of the anticipated selling price.
How long til I get money from sold items on thredUP?
If an item isn't returned within our 14 day timeframe, your earnings will be issued for the item sold. Once your earnings are available in your thredUP account, you'll be able to cash out. If an item is returned but sells for a second time, you'll be paid out as soon as that order ships.
What percentage does thredUP pay?
Varying Commission and Payout Structure: ThredUp's commission fee varies from 20% to 90% of the selling price. And the sellers' payout depends on the cost of an item. For example, for items priced at $5.00 to $19.00, sellers get a payout of 5% to 15% and so on.
Do you make more money with thredUP or poshmark?
In general, you will make more money with Poshmark because their commission is lower. You keep 80% of sales $15 and up. That makes sense since you are doing most of the work of selling. But there is potential to make money on thredUP as well, especially if you tried selling items elsewhere and they didn't sell.
What does thredUP do with unaccepted clothes?
Any unaccepted items (the things thredUP wouldn't be able to sell on-site) are shipped back to you (for $10.99) or responsibly recycled, according to the company. The Donation Clean-Out Kit is what it sounds like. You can send in women's, men's, and kids' items.
Does thredUP return unsold items?
You can elect to have items returned to you as long as they're not in another customer's cart or already purchased. To reclaim an unsold consignment item: Visit the Clean Outs section of your account. Select the Reclaim option next to any eligible items.
What is consignment payout?
The business accepts items for sale and agrees to pay the seller a percentage of the proceeds if and when the goods do sell. Common products sold through consignment, or second-hand, stores include: Clothing. Shoes.
Does thredUP wash the clothes?
Are ThredUp Clothes Washed? Unfortunately, clothes are not washed at ThredUp. A lot of people wonder if you can get bed bugs from these unwashed clothes.
What is the most profitable way to sell used clothes?
Here is the most up-to-date list of the best places to sell clothes today.ThredUP. GREAT FOR: your everyday clothes still in good condition, especially if you want to put little effort in. ... Poshmark. ... eBay. ... Depop. ... 5. Facebook Marketplace. ... Tradesy. ... Vinted. ... Instagram.More items...•
Does thredUP pay for shipping?
To sell your clothes, click “Sell” on the Clean Out page. You can choose to order a Clean Out Bag from thredUP or get a shipping label emailed to you. Both of these options are free and have pre-paid shipping.
Is thredUP a good deal?
For me, thredUP is a once a year treat for a vacation, special event, or because I hate all my clothes. Their prices are higher than Goodwill (which is pretty expensive itself nowadays) but 1000% worth it for the quality and ease of use. That's why I so highly recommend it.
How to access bags earnings?
In order to access your bags earnings, simply go to your Sales page. Here you'll see all your bags, items, and earnings. Any earnings in your account will automatically be applied to purchases you make on a first in, first out basis.
How long does it take for Stripe to transfer money?
Please note that it can take 1-3 business days for your deposit to transfer to your bank account, and up to a week if it's your first time using Stripe.
How long does it take to post on Stripe?
Stripe - Earnings can take 1-3 business days to post, and up to a week if it's your first time using Stripe. Please also note that thredUP does not offer cash or checks at this time.
What is Thredup marketplace?
ThredUP is the world’s largest online marketplaces for used and new women’s and children’s clothing and accessories. It prides itself on transforming the way people think about and interact with second hand goods.
What is the third choice on Thredup?
The third choice makes you no money, but you’re doing a good deed. This choice – called “FREE Donation Bag” – allows you to donate all the items you return to ThredUP in your free bag to charity. You’ll receive a tax receipt via email.
How long does it take for thredup to process a bag?
This option is a great choice for those that want to make money faster than the free standard bag option. It’ll only take a week or so for ThredUP to process your bag once it arrives in California filled with the items you want to sell.
What size are kids clothes on Thredup?
You can also buy kids clothes, accessories and shoes on ThredUP. Sizes range from preemie to 20 for clothes. Although men’s clothes, accessories and shoes are NOT for sale on ThredUP, boys are.
Does Thredup charge sales tax?
They often have great promotions, like 40% off your purchase. As far as tax, ThredUP is required by law to collect sales tax on orders shipped to the following states: California, Georgia, Hawaii, Illinois, New York (some items), Pennsylvania and Texas.
Can you order a kit on Thredup?
First, you’ll need to order a kit (also known as a bag). Unfortunately, ThredUP has become so popular it’s not always easy to order a kit. In fact, for several months in the fall of 2017, the site has had a hold on new kit orders. It’s pretty annoying, especially for regular sellers like myself.
Is Thredup worth it?
The beauty of ThredUP is that the company has made it very easy for you to sell your used clothes with very little effort and, possibly, no money on your part. So, if you value your time and energy like currency, the lower payout for your items on ThredUP may be worth it to you.
How long does it take for thredup to process?
Now if you choose the standard processing option — it can take a LONG time (anywhere from 2 – 8 weeks has been my experience) for them to process your bag.
Do you earn more if you update your wardrobe?
So, if you tend to update your wardrobe every season and you have current styles to send in — you’ll likely earn more money. It’s also better if you can send in seasonally appropriate clothing which means you may have to save your items for a few months before you can send them (which is what I typically do).
There are two types of thredUP clean-out kits, both of which are free
The Standard Clean-Out Kit means you earn cash or credit for accepted women's and kids' items in the bag. Any unaccepted items (the things thredUP wouldn't be able to sell on-site) are shipped back to you (for $10.99) or responsibly recycled, according to the company.
How getting paid by thredUP works
If thredUP opts to sell your item, you get a cut of the sale. According to the company, item payouts range from 5% to 80% of the listing price, and higher-end brands get you a higher percentage of the payout. Learn more here about payouts, and learn more here about selling luxury items.
How to use the Clean-Out service
To use the service, I ordered a Clean-Out kit from the site, picked it up from my mailbox, filled it with clothes, and scheduled a USPS pickup at USPS.com online.
The pros and cons
ThredUP's service is convenient in the way that it offers perks and options and does the heavy lifting for you. Especially for those looking to recycle clothing en masse in an urban area (particularly if you do so regularly or without access to a car), it's a great option.
