poshmark-vs-thredup

Poshmark versus thredUP Review

Shopping

After several years of trying to sell clothes I no longer want via Poshmark I decided that I wanted to try another online service: thredUP. I figured now is the perfect time to start getting my closet ready for fall (and, let’s be honest, hopefully make some money to buy some new fall clothes pay off my credit card).

poshmark-vs-thredup

I requested a free bag from thredUP in which I placed the clothing I wanted to sell and then loaded it up with the following items:

  • 4 dresses (Gap, Maggy London, Ann Taylor)
  • 3 pairs of shoes (Steve Madden, Anne Klein, and Eric Michael)
  • 1 vest (CAbi)
  • 2 skirts (The Limited)
  • 5 tops (J. Crew Factory, The Limited, Express, C&C California, NY Collection)
  • 1 blazer (Eyelash Couture)

Total items: 16

ThredUP is different from Poshmark in that instead of you selling the items on your own using someone else’s platform, you send your items to thredUP for evaluation and immediate pay-out. For the items they accept they pay between 10 and 40% commission and in most cases you don’t have to wait for your items to sell to get your money.

However, if your items are evaluated and thredUP determines they don’t think they can re-sell them, you don’t get your items back unless you pay $12.95 up front to have them shipped back to you.

Of the 16 items I sent here’s how it broke down:

Accepted:

  • Gap Casual Dress
  • Anne Klein Heels/Pumps
  • CAbi Vest
  • The Limited Casual Skirt
  • Steve Madden Flats
  • C&C California Short Sleeve Blousethredup_bag
  • NY Collection Long Sleeve Blouse
  • Express Long Sleeve Button Down
  • Maggy London Silk Dress
  • Ann Taylor Summer Dress

Not Accepted:

  • J. Crew Factory Store Long Sleeve Button Down
  • Ann Taylor Summer Dress
  • Eric Michael Flats
  • The Limited Skirt
  • Eyelash Couture Blazer
  • The Limited Sleeveless Blousethredup_dress

The total payout for the 10 accepted items? $54.52 or an average of $5.45 per item. ThredUP shows you the list of items they’ve accepted with a link to each of them in their store so you can see what they’ve priced them at. Doing the addition myself I found that my payout is 32% of the total of what they are charging for all 10 items. So, it definitely falls into the 10-40% range.

I admit I was surprised that they also didn’t list the items they didn’t accept and why until I emailed them to ask. And even then the only information I got about why they weren’t accepted was that they were either “Un-clean/stained” or “Off-Trend Item”. The un-clean/stained one makes me curious since I take really good care of my clothes and looked over everything I sent. One of the items they marked with that was a pair of $100+ shoes that I only wore three times!

I also wasn’t a huge fan of the fact that you have to decide in advance if you want to pay the $12.95 to get your unaccepted items back. If your bag didn’t even end up being worth that much you could easily lose money on sending items to thredUP! And what do they do with the items they don’t accept? According to their FAQ: “garments that are not purchased by thredUP are distributed to various organizations and a portion of the proceeds are donated to Teach for America and other charities or partners.” And, no, you cannot claim them as donations on your own tax return. 

So, what are the main differences between Poshmark and thredUP?

ThredUp

threduplogo

 

  • Currently no cost to send items to thredUP
  • Can send both women’s and kid’s clothes
  • thredUP takes care of listing, selling, and shipping
  • No waiting for an item to sell before you get your money (for the most part)
  • Must wait 14 days to cash out
  • Have to pay $12.95 to get unaccepted items returned
  • Payout amount varies by item (mine averaged to $5.45 per item accepted or 32% of the total of what they want to sell the items for.)

Poshmark

poshmarklogo

  • Women’s clothes only (although people list kid’s clothes they’re not supposed to)
  • You control the price and you know in advance what you’ll get if it sells at that price
  • You can decide if you no longer want to sell something since it never leaves your own closet
  • Requires you to take photos, list and manage your items
  • Requires some community interaction and marketing of your items to  get them to sell quickly
  • Some items languish in your Poshmark closet without ever selling
  • Items under $15 Poshmark takes a flat $2.95 fee. Above $15 they charge 20% of the sale price
  • Poshmark provides shipping label but you’re in charge of shipping the item once it sells

So, would I use thredUP again? Honestly, I’d probably use it as a second step between going to a brick and mortar consignment or resale store. I’d take my clothes to the brick and mortar store, see what I got for them, and whatever wasn’t accepted there I’d send to thredUP since I was probably going to donate it anyway. Yes, I’d probably make more money trying to sell items on Poshmark and yes, I could keep it local and get a tax write-off (although I’ve yet to have enough donations of any kind in one year to be more than the standard deduction). But, if I’m really busy and want the convenience of putting items in the mail and getting a check thredUP is out there.

What do you do with clothes you no longer want? Have you used thredUP or Poshmark?

17 replies on “Poshmark versus thredUP Review

  1. Valerie @ The Style Files

    Love this post- I’ve always been curious about the inner workings of both. I stick with the consignment store and will list stuff on eBay that is higher value i.e.- designer purses, etc. Another consignment store chain I’ve been hearing about is called The Clothes Mentor— have you heard of them?

    1. Erin @ Loop Looks Post author

      I have heard of Clothes Mentor. From what I understand, they’re like the brick and mortar version of thredUP in that they pay you on the spot for your clothes. Similar to Plato’s Closet but for adults and not teens. I’ve personally never had good luck with Plato’s Closet but I’ve never tried Clothes Mentor.

      1. Valerie @ The Style Files

        Oooh interesting. I like being paid up front versus having to go back in after 60 days or whatever to collect. But I hope they don’t payout similar to Plato’s Closet– they literally pay pennies for stuff. I haven’t been to one in forever but I’d be willing to try a Clothes Mentor sometime!

  2. Erin

    I sell on Poshmark (I’m a top 10% seller) and have used Twice (liketwice.com), which is very similar to ThredUp. I tend to sell items to Twice that have languished in my Poshmark closet for a while – the payout has been pretty good, and they charge much less if you want your items back. I’ll admit, the instant gratification of Twice is nice – but you definitely do make more if you are patient with Poshmark (and don’t spend it all back into the system!).

      1. Erin

        It depends on a bunch of factors…Twice only accepts certain brands, as do most of my local consignment shops. So, if it’s something from Target or Kohl’s I’ll leave it on PM forever. I have a bin full of PM stuff in the basement. I just sold a couple of items I listed LAST SUMMER. So, sometimes patience pays off – plus if everything’s in a bin in the basement it’s out of sight and I forget about it.

        The stuff I can sell to Twice I do after 3-6 months (depending on my level of patience), and I base it off of how it’s performed on PM. If an item has a lot of likes or shares, it’s more likely to sell eventually than the item that doesn’t. But all rules are made to be broken – the stuff I just sold from last summer had no likes. It was the ugly stepchild of my closet and it sold. It’s all a crap shoot!

        1. Erin @ Loop Looks Post author

          Makes sense! I live in a small apartment so keeping stuff around until it sells just isn’t going to happen. I can keep a few things but not everything! I’d run out of space!

  3. Bethany @ Accidental Intentions

    When I was cleaning out my closet pre-move, I thought about trying ThredUP, but the amount of money I likely would’ve gotten didn’t make it seem worth it. I’d love to make a little extra $$, but considering that most of the clothes I buy are cheap in the first place (and I wear them into the ground/pretty far beyond their style expiration date), consignment doesn’t usually work for me. Fortunately Salvation Army will take whatever I give them 😛

    1. Erin @ Loop Looks Post author

      After I wrote this post I started looking for other thredUP reviews and so far I haven’t read a single positive selling experience. Most of the positive reviews are from people who purchased from them and even then there are a lot of negative reviews, too. So, yeah, Salvation Army is probably a better bet!

  4. Maggie

    Thanks for this post! Sounds like ThredUP is an online version of Plato’s Closet/Clothes Mentor, and I never had a lot of luck selling to them. In my experience, I would bring in bags of clothes and was lucky to be offered $5-8 total for a few things. But, like Bethany, a lot of that stuff was cheap brands to begin with. But I do like shopping at those stores, since it’s affordale, and unlike Goodwill, it’s a bit more curated.

    I’ve been hitting Poshmark hard for the past couple months and have made a few sales. But you’re right, it does take a lot of time to continue to market your stuff. I use money from my sales to buy myself stuff on Poshmark, so it’s like I can get “new” clothes without spending money. I do hate that anyone can list anything on Poshmark, so you have to scroll through a lot of crap to find something good.

      1. Maggie

        I think I had the same luck selling to Clothes Mentor that I did to Platos Closet. However, I always had good luck SHOPPING there! Probably too good of luck. And I usually have good luck finding shoes at Platos Closet. When I lived in the burbs, there was a strip mall with both shops, right next to each other.

  5. Snoskred

    So did you end up getting your stuff back? I would have been pretty annoyed about what they did with the shoes you only wore 3x.

    In case I have not already left a comment before, this is just a quick note to say hi. I visited your blog during the month of August and I liked what I saw, so I’ve added you to my feedreader and am following your blog. 🙂

    Cheers!
    Snoskred

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