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Poshmark vs Thredup: Which is Higher? (2023)


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 one of the best on-line thrift shops for getting and promoting used clothes. They’re each nice choices, however it may be laborious to determine which one is best for you. That’s why we’ve put collectively this weblog submit evaluating the Poshmark vs ThredUp so you may make an knowledgeable resolution about the place to promote your gently-used objects.

We all know how robust it may be to determine what web site will provide you with one of the best promoting worth in your stuff. We wish 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 tips about learn how to get essentially the most more money when promoting your garments on-line with both service. So learn on if you’d like our opinion on the Poshmark vs ThredUp debate, and which is best suited on your wants as a vendor or purchaser!

What’s Poshmark?

Poshmark is considered one of a number of on-line marketplaces that connects you to your local people of people that wish to purchase and promote clothes. You may browse listings in your space or submit objects on the market with only a few faucets of your cellphone.

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

Sellers take their very own images, record their objects, like garments, wallets, purses, and footwear. Then they share them with their Poshmark community of energetic patrons, and promote and ship with a pre-paid label.

Patrons can discover customized suggestions from stylists and, when bought, will obtain clothes in two days by precedence mail transport.

Poshmark’s focus is on recycling clothes objects and sustainability. They need customers to consider shopping for secondhand objects first to stretch their funds and assist the setting. You may promote your garments for money or credit score, however Poshmark additionally accepts commerce presents (swap your denims for a brand new costume, and so forth.), so the probabilities are countless.

Poshmark takes a 20% fee on every merchandise offered (over $15). If the sale is below $15, they take a flat $2.95 fee. In addition they have a “shelving charge,” which is a flat price of $5 per 30 days if you happen to 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 are not any itemizing charges!

Poshmark Execs & Cons

The Poshmark app is straightforward 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 properly since you possibly can work together with different members who share your type pursuits.

One of the crucial important advantages of Poshmark is that you possibly can earn additional money by promoting your garments with their consignment service. You may 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!

Nonetheless, 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 among the world’s largest on-line resale platforms for girls’s and child’s attire. They work with over 1,400 fashionable 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, footwear, and equipment in a clear out bag (or clear out equipment). ThredUp types by them to seek out one of the best top quality items, then they record them on-line on the market at a reduced sale worth – about 50% off retail.

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

As soon as an merchandise has offered, it’s shipped on to the client 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 record as much as 100 objects, and transport is totally free! Throughout their first month on the positioning, they’ll waive the $9 charge to allow you to take a look at out the waters, particularly vital for brand 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, patrons know what sort of situation the merchandise is in earlier than they buy it.

ThredUp Execs & Cons

One of the crucial important advantages of ThredUp is that there are not any itemizing charges to get began, and transport is free for each patrons and sellers. They provide a 14-day return coverage with a money-back assure, too. It’s straightforward 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 type, model, dimension, and situation of every merchandise.

Persons are all the time searching for high-quality objects at an excellent deal, making ThredUp stand out from the remaining! Nonetheless, 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 permit you to purchase and promote your clothes. Essentially the most important distinction between the 2 is that Poshmark offers you instantaneous entry to new stock inside curated sellers, whereas ThredUp presents a wider number of objects on the market.

One other perk on Poshmark is the app which makes it simpler to buy on the go. However, ThredUp doesn’t have an app for cell units but, however they’re at the moment 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, in contrast to ThredUp, the place they dictate how a lot every merchandise goes for. Additionally, ThredUp takes a bigger fee lower 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 price trying out. Now it’s time so that you can determine which one is greatest for you!

The Verdict: Poshmark vs ThredUp

So, is Poshmark one of the best place to promote used garments? If you would like 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 might be Poshmark. You’ll get instantaneous entry to new stock, you possibly can negotiate costs with sellers, use their payout estimator, and the app makes procuring on the go simpler.

Nonetheless, if you happen to’re searching for a curated number of objects on the market, then ThredUp is the place to go. Their web site has an easy-to-navigate format, they don’t have any month-to-month charges for itemizing objects, and you’ll 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, primarily based on the itemizing worth of the merchandise. Sellers earn 5% to 80% of the sale, relying upon the worth. Larger priced objects earn you a bigger share.
Delivery Prices Flat price of $7.45 for expedited transport on all orders. Delivery charge is paid by purchaser. Patrons pay transport, which is a flat price of $5.99.
Worth Negotiation Patrons could make a suggestion of a special worth. Sellers can settle for, decline, or counteroffer. Customers can even commerce objects, quite than make purchases. Sellers can change itemizing costs as soon as objects are listed. Nonetheless, patrons can’t negotiate pricing.
Curated Choice Sure No
App Accessible Sure, for iPhone, iPad and Android No
Factors/Bonuses No ThredUp Rewards Program means that you can earn factors on each buy, for use on future purchases.
Low cost on First Buy No Rise 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. Cost 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 Facet Sure No
Refund Coverage All gross sales are closing. Nonetheless, a purchaser might open a case in the event that they don’t obtain their merchandise or what they obtain just isn’t 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. Ultimate sale objects aren’t returnable.
Digital Procuring Events Sure No

Suggestions for Sellers on How one can 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 learn how to get essentially the most cash when promoting your garments on-line with both enterprise mannequin.

  1. Be sure that garments are clear and spotless.
    Probably the greatest methods to ensure you’ll get as a lot cash as attainable on your garments is to take excellent care of them earlier than sending them in. Deep clear and lint roll as a lot as attainable–it’s all the time good to be as clean 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 attainable 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 be sure you embody any flaws or blemishes which may want explaining. This manner, patrons know precisely what they’re moving into earlier than buying your garments!
  3. Settle for numerous types of fee.
    Be sure you settle for all types of fee, too! This manner, your purchaser pays with an choice that’s most handy for them.

    Settle for PayPal to make it simpler on patrons who don’t wish to share their bank card info on-line. Plus, they provide eChecks that are like digital checks which you could money instantly after they clear in your account. Needless to say you possibly can’t money an eCheck if you happen to don’t have a PayPal account.

    Another choice is to simply accept cash by checking account switch which presents patrons one other handy choice for fee. You may also think about 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 the submit workplace your self is a superb manner to make sure you’ll get the very best worth, but it surely’s additionally a pleasant gesture on your patrons. It reduces their value and makes them really feel like they’re getting good offers!
  5. Use some advertising ideas to assist promote your objects.
    One vital factor to recollect is that not everybody goes to need every part you’ve got. The important thing to getting essentially the most cash on your garments is determining what folks need. Is it a luxurious model? A colour? An merchandise that’s laborious to seek out of their dimension?

    Take a while and actually take into consideration the kind of one who would purchase it from you. Are they searching for designer objects or simply one thing they’ll combine into their wardrobe? Have they got a sure sort of colour or print that they love?

    You’ll be capable to appeal to extra patrons 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 categorical curiosity in being contacted if they’ve the same merchandise on the market or wish 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. Nonetheless, every vendor’s (or purchaser’s) state of affairs is exclusive, and it’s in the end as much as you to determine which makes essentially the most sense.

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

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

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