My Bag to thredUP! |
- Your Work: thredUP is less work than Poshmark, period. You send them your items, and they photograph, create listings, and sell. You get paid upfront or on consignment.
- The Payout: Poshmark earns you more, but requires your effort. Because you can set your own prices with Poshmark, and they only take 20% of the total sale price, you have more control over earnings. With thredUP, they give you up to 80% (but usually 10-40% it seems) of what they feel it will sell for. Please use their calculator to give you realistic expectations.
- Bottom Line: If you want more control over what you earn, and you are willing to do the work, use Poshmark to sell. If you want convenience and the payout matters less, (i.e. you just want it out of your closet) use thredUP.
- Quality of Items: I have only kept and used ONE of the six items I have purchased on Poshmark. I felt disappointed in the quality of items I received, and there were never true guarantees of the authenticity of items. thredUP feels like less risk, because they disclose flaws and do not accept any knock-offs. But there is less selection on thredUP; it's more carefully curated, if you want to look at it that way.
- Price You Pay: thredUP has some great deals, but with Poshmark you have the opportunity to negotiate with sellers, and even bundle items for a discount. There also aren't wholesalers trying to turn profits on thredUP; it's just one seller vs. a bunch. It's a toss-up to me.
- Bottom Line: thredUP seems more shopper-friendly, because the photo quality of items is excellent, flaws are disclosed, and it's guaranteed to be an authentic item in good shape.
UPDATE 12/3/14: I sent another bag to thredUP, and I've decided it will be my last. I sent 8 brand-name tops and 1 pair of shoes that yielded only $22 (that's less than $3/item) and a dress they have on consignment for a MAX payout of under $12. I just don't see the point in waiting for weeks to hear back from them with a payout, on top of not getting what I could probably make selling on my own via Poshmark.
Have you used thredUP? How do you like it?
I have the bag sitting by my closet. I will likely toss in the things are gathering dust on PM...I mean I don't have to make money off them...I more or less just want to make space. I have had pretty good luck on PM. After getting a couple shirts in that were in NO WAY TTS, I was suspicious...but my luck since then has improved. I have tried to buy only brands I know are TTS or at least that I know my size in. I have found some great deals. I live in my TOm's ballet flats for work...and I got 2 pairs for 25/a pair. They are usually 75 and up...so I consider that a win. I like that most sellers are willing to negotiate and I try not to spend too much on items so I won't be crushed if it sucks. I have also tried to only spend when I have money in my balance. Currently I am saving for some pieces to my Halloween costume because I don't have the time or energy to thrift for specific pieces.
ReplyDeleteI love your attitude about the thredUP bag, and wish I'd been thinking more along those lines! That's exactly how I would recommend people view the service.
ReplyDeleteI also think that I haven't given PM much love in terms of buying due to a LOT of issues with the few items that I did buy, and it just left a bad taste in my mouth. Fickle me!
P.S. I don't know WHY they classified one of my dresses as Maternity!!! I think there was a maternity version of the wrap dress at the same time for sale, but that made me go HUH?!
ReplyDeleteHow to Close and Sales Training are some of the most important items on your priority list if you wish to be successful in Selling! The foundation in selling are very simple to follow and most will probably say, “Oh, I already know that” but selling has to have a solid foundation for long term success!
ReplyDeleteSelling takes a lot of enthusiasm, passion, drive and discipline if you want to pursue a career in it. You can be the best salesperson in the world but with no enthusiasm, passion, drive and discipline, you will only go so far!
This is why we developed HowToClose.com, we all need a place to get tips, to write questions and to help us to get closer to our next deal! We can help you nourish your selling skills by sharing experiences from others in different industries. We have different types of training techniques that you can use to help you with great tips on closing business that should help you become a better professional salesperson.
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