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Poshmark vs Thredup: Which is Higher? (2023)

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Do you’ve got garments which might be too good to donate however aren’t positive what to do with them? Poshmark and ThredUp are two of the most effective on-line thrift shops for purchasing and promoting used clothes. They’re each nice choices, however it may be exhausting to determine which one is best for you. That’s why we’ve put collectively this weblog publish evaluating the Poshmark vs ThredUp so you may make an knowledgeable determination about the place to promote your gently-used objects.

We all know how robust it may be to determine what web site provides you with the most effective promoting worth in your stuff. We need to assist by offering an in depth comparability of every market by way of design, usability, completely different shippings, fee strategies, and extra. We additionally embody some recommendations on find out how to get probably the most extra cash when promoting your garments on-line with both service. So learn on if you need our opinion on the Poshmark vs ThredUp debate, and which is healthier suited in your wants as a vendor or purchaser!

What’s Poshmark?

Poshmark is one among a number of on-line marketplaces that connects you to your local people of people that need to purchase and promote clothes. You possibly can browse listings in your space or publish objects on the market with just some faucets of your cellphone.

clothes hanging on hangers in a closet with text that reads Poshmark vs Thredup

Sellers take their very own images, checklist their objects, like garments, wallets, purses, and sneakers. Then they share them with their Poshmark community of lively consumers, and promote and ship with a pre-paid label.

Consumers can discover personalised suggestions from stylists and, when bought, will obtain clothes in two days by means of precedence mail transport.

Poshmark’s focus is on recycling clothes objects and sustainability. They need shoppers to consider shopping for secondhand objects first to stretch their finances and assist the setting. You possibly can promote your garments for money or credit score, however Poshmark additionally accepts commerce presents (swap your denims for a brand new costume, and many others.), so the chances are infinite.

Poshmark takes a 20% fee on every merchandise offered (over $15). If the sale is below $15, they take a flat $2.95 fee. Additionally they have a “shelving charge,” which is a flat charge of $5 per 30 days when you select to promote your garments this manner as a substitute of transport them out with a pre-paid transport label. On the plus aspect, there aren’t any itemizing charges!

Poshmark Execs & Cons

The Poshmark app is simple to make use of and free to obtain in your cellphone, so you possibly can store every time inspiration strikes. The social media side makes it enjoyable as nicely since you possibly can work together with different members who share your fashion pursuits.

One of the vital advantages of Poshmark is that you possibly can earn further money by promoting your garments with their consignment service. You possibly can select whether or not or to not ship objects out with a pre-paid label, however they assure you’ll make a minimum of $2 per every offered merchandise, which incorporates what the merchandise sells for plus 20% fee on the sale.

One other benefit of Poshmark is that they provide free transport for sellers, making it simpler to make extra in your gross sales. There’s additionally no want to attend round since purchases are shipped out inside two days after receiving fee!

Nevertheless, you possibly can solely use Paypal to receives a commission, which suggests you’ll want to attend 6-8 days for the transaction to be accomplished.

What’s ThredUp?

ThredUp is without doubt one of the world’s largest on-line resale platforms for girls’s and child’s attire. They work with over 1,400 in style manufacturers and supply greater than 2.5 million objects on the market at any given time.

New sellers ship in gently-used clothes (in good situation with no stains, odors, or lacking buttons), together with purses, sneakers, and equipment in a clear out bag (or clear out equipment). ThredUp kinds by means of them to search out the most effective top quality items, then they checklist them on-line on the market at a reduced sale worth – about 50% off retail.

When buying on Thredup, you’ll get piece-by-piece pricing, they usually even supply a “wildcard assure” the place if by some probability they will’t discover what you despatched in (after attempting 5 occasions!), they’ll ship you $25 in ThredUp credit score.

As soon as an merchandise has offered, it’s shipped on to the customer and backed by a 14-day return coverage with a full refund. Sellers obtain their fee by way of Paypal or Stripe inside 48 hours of things being shipped out and decided as offered.

Sellers pay a $9 month-to-month charge to checklist as much as 100 objects, and transport is totally free! Throughout their first month on the location, they’ll waive the $9 charge to allow you to take a look at out the waters, particularly necessary for brand spanking new or informal sellers.

All clothes that arrives at ThredUp have to be in good situation, after which they’re graded by high quality: glorious, good, or truthful. This manner, consumers know what kind of situation the merchandise is in earlier than they buy it.

ThredUp Execs & Cons

One of the vital advantages of ThredUp is that there aren’t any itemizing charges to get began, and transport is free for each consumers and sellers. They provide a 14-day return coverage with a money-back assure, too. It’s simple to pack all of your unneeded clothes up in a clean-out equipment to get began rapidly.

If ThredUp chooses to not settle for any of your objects, you’ve got the choice to have them returned or to donate them.

One other perk is all of their clothes is sorted for you, so it’s simpler to buy. ThredUp even gives the fashion, model, dimension, and situation of every merchandise.

Persons are all the time on the lookout for high-quality objects at a great deal, making ThredUp stand out from the remainder! Nevertheless, you possibly can’t negotiate costs with sellers like on Poshmark. The precise worth you see listed is what you’ll be paying.

On the plus aspect, you’ll earn factors on each buy, which may then be redeemed as a reduction on future purchases!

What’s the distinction between ThredUp and Poshmark?

Poshmark and Thredup are each on-line resale web sites that will let you purchase and promote your clothes. Essentially the most vital distinction between the 2 is that Poshmark provides you prompt entry to new stock inside curated sellers, whereas ThredUp presents a wider collection of objects on the market.

One other perk on Poshmark is the app which makes it simpler to buy on the go. Alternatively, ThredUp doesn’t have an app for cell gadgets but, however they’re at present engaged on it!

Each web sites supply their consignment providers, however Poshmark permits you extra management over how a lot every of your objects promote for, not like ThredUp, the place they dictate how a lot every merchandise goes for. Additionally, ThredUp takes a bigger fee reduce from objects that promote: 50% in comparison with Poshmark’s 25% small fee.

General, ThredUp and Poshmark supply completely different strengths, which makes them each value testing. Now it’s time so that you can determine which one is greatest for you!

The Verdict: Poshmark vs ThredUp

So, is Poshmark the most effective place to promote used garments? In order for you extra management over your promoting, the reply is sure.

Each websites have their advantages and disadvantages, however I’d say if somebody had been to put money into one, it could be Poshmark. You’ll get prompt entry to new stock, you possibly can negotiate costs with sellers, use their payout estimator, and the app makes buying on the go simpler.

Nevertheless, when you’re on the lookout for a curated collection of objects on the market, then ThredUp is the place to go. Their web site has an easy-to-navigate structure, they haven’t any month-to-month charges for itemizing objects, and you may earn factors on each buy, which may be redeemed as a reduction off future purchases!

Right here’s a chart evaluating the advantages of every on-line retailer:

Poshmark ThredUp
Fee/Charges on Gross sales All gross sales below $15, flat charge of $2.95. Gross sales over $15, the Poshmark charge is 20%. Varies, based mostly on the itemizing worth of the merchandise. Sellers earn 5% to 80% of the sale, relying upon the value. Larger priced objects earn you a bigger proportion.
Delivery Prices Flat charge of $7.45 for expedited transport on all orders. Delivery charge is paid by purchaser. Consumers pay transport, which is a flat charge of $5.99.
Value Negotiation Consumers could make a suggestion of a distinct worth. Sellers can settle for, decline, or counteroffer. Customers can even commerce objects, fairly than make purchases. Sellers can change itemizing costs as soon as objects are listed. Nevertheless, consumers can’t negotiate pricing.
Curated Choice Sure No
App Obtainable Sure, for iPhone, iPad and Android No
Factors/Bonuses No ThredUp Rewards Program lets you earn factors on each buy, for use on future purchases.
Low cost on First Buy No Stand up to 60% off your first order
Funds Accepted Credit score, Debit, Affirm, Apple Pay, Google Pay, Paypal, Venmo Credit score, Debit, Affirm, Paypal, Amazon Pay, Affirm
Sellers Payout Strategies Earnings are obtained as soon as objects have been delivered to purchaser. Fee is direct deposit to your checking account or a verify within the mail. Or, use your earnings to buy at Poshmark. Use your earnings to make purchases on ThredUp, or money out by way of PayPal or Stripe.
Social Media Side Sure No
Refund Coverage All gross sales are remaining. Nevertheless, a purchaser could open a case in the event that they don’t obtain their merchandise or what they obtain is just not described the identical within the itemizing.  Returns are allowed however have to be postmarked with 14 days of supply. Returns are topic to a $1.99 restocking charge. Remaining sale objects aren’t returnable.
Digital Purchasing Events Sure No

Ideas for Sellers on Easy methods to Get the Most Cash when Promoting Your Garments On-line

Now that you simply’ve determined whether or not to promote on Poshmark vs ThredUp, let’s discuss find out how to get probably the most cash when promoting your garments on-line with both enterprise mannequin.

  1. Ensure garments are clear and spotless.
    Probably the greatest methods to ensure you’ll get as a lot cash as potential in your garments is to take excellent care of them earlier than sending them in. Deep clear and lint roll as a lot as potential–it’s all the time good to be as easy as may be! Additionally, attempt to not put on equipment like belts or scarves that would depart marks on the garments. Keep away from them as a lot as potential to maintain your objects wanting clear and new!
  2. Write an in depth description of every merchandise.
    It’s useful to have an outline for every merchandise you promote, so remember to embody any flaws or blemishes which may want explaining. This manner, consumers know precisely what they’re moving into earlier than buying your garments!
  3. Settle for varied types of fee.
    Be sure to settle for all types of fee, too! This manner, your purchaser will pay with an choice that’s most handy for them.

    Settle for PayPal to make it simpler on consumers who don’t need to share their bank card data on-line. Plus, they provide eChecks that are like digital checks that you would be able to money instantly after they clear in your account. Take into account that you possibly can’t money an eCheck when you don’t have a PayPal account.

    Another choice is to simply accept cash by means of checking account switch which presents consumers one other handy choice for fee. You may also contemplate taking bank cards if it’s important to receives a commission instantly as a result of this type of fee has the quickest promoting course of time.

  4. Pay for transport.
    Paying for postage by means of the publish workplace your self is a wonderful means to make sure you’ll get the best worth, but it surely’s additionally a pleasant gesture in your consumers. It reduces their value and makes them really feel like they’re getting good offers!
  5. Use some advertising suggestions to assist promote your objects.
    One necessary factor to recollect is that not everybody goes to need all the pieces you’ve got. The important thing to getting probably the most cash in your garments is determining what folks need. Is it a luxurious model? A shade? An merchandise that’s exhausting to search out of their dimension?

    Take a while and actually take into consideration the kind of one that would purchase it from you. Are they on the lookout for designer objects or simply one thing they will combine into their wardrobe? Have they got a sure kind of shade or print that they love?

    You’ll be capable to appeal to extra consumers by advertising your merchandise with what it’s and never simply how a lot you’re promoting it for. For instance, if it’s a costume for informal put on, then point out that within the title! Then specific curiosity in being contacted if they’ve an identical merchandise on the market or need to purchase a sure variety of objects from you.

Different choices to promote used clothes

Different on-line consignment shops to think about when promoting or shopping for used clothes are:

Within the debate of Poshmark vs ThredUp, every have their very own distinctive options. Poshmark is a spot to purchase and promote new clothes at discounted costs; with decrease commissions and extra management over how a lot to cost for clothes, it has a leg up on ThredUp. Nevertheless, every vendor’s (or purchaser’s) scenario is exclusive, and it’s in the end as much as you to determine which makes probably the most sense.

Don’t neglect to take a look at Mercari – not solely are you able to promote garments there, however collectibles like Disney VHS tapes as nicely!

What’s your favourite place to promote or store for brand spanking new or gently-used garments? Do you’ve got a favourite in ThredUp vs Poshmark? Depart a remark under!

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