Anyone Ever Buy and/or Sell on Tradesy?
- Thread starter iluvmybags
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wow, thanks! they offered me to become a business seller this summer, so now it's time to agree lol
I just applied but once they figure out that the items in my ebay account are already on Tradesy, they probably won't accept me!
why? I don't think it matters. it's not forbidden to sell here and there, I remember they even tried to make it possible to link both accounts and download all your ebay listings to Tradesy automatically (like Bonanza does)
depends. the ones I know take 30 - 40% (we are talking about offline stores, right?), which is also a lot anyway.
BTW Tradesy comparison table is a total BS and someone may report them for false advertising. Cosigners do NOT always take 50% (it's 35-40% online, 50% locally), there's no withdrawal fees and charges for cleaning images, etc. I tried to consider all other selling options, correct me if I made any mistakes.
Sell yourself
eBay (fees 10+2.9%, huge traffic, excellent search, excellent google ads, virtually no scam protection, your own pics and description)
Poshmark (fees 20%, moderate traffic, good search, no google ads, not much protection, your own pics and description), works only from app
Vestiaire Collective (fees 30%+, there are promos for fees now and then, huge traffic, great search, bad google exposure, your own pics and description, they clean main picture, moderate protection - you ship items to VC for inspection first).
Etsy (fees $0.20 to list+3.5% for selling+3%+$0.25 for processing payment, great traffic, search, google ads, quite good protection, your own pics and description). Only for vintage items over 20 yrs, you are not allowed to sell current collections.
FB private groups (PayPal fees 2.9%, traffic depends on a group, do not appear in Google search, your own pics and description,only PayPal protection)
Craiglist (virtually free, traffic depends on your area, your own pics and description). mostly local delivery.
Consign
RealReal (fees 40%, great search and traffic, ok-ish google ads, they take care of everything after you ship it, biweekly payment)
Ann's Fabulous finds (fees 10% for above $3000, 25% for $500-3000, 40% for up to $500, ok traffic, they take care of everything after you ship it).
Fashionphile (fees depend, they give you a quote, great traffic, great Google ads, they take care of everything after you ship it)
Material World (consign and trade in, fees depend, they give you a quote, great traffic for their eBay store, they take care of everything after you ship it).
Sell yourself
eBay (fees 10+2.9%, huge traffic, excellent search, excellent google ads, virtually no scam protection, your own pics and description)
Poshmark (fees 20%, moderate traffic, good search, no google ads, not much protection, your own pics and description), works only from app
Vestiaire Collective (fees 30%+, there are promos for fees now and then, huge traffic, great search, bad google exposure, your own pics and description, they clean main picture, moderate protection - you ship items to VC for inspection first).
Etsy (fees $0.20 to list+3.5% for selling+3%+$0.25 for processing payment, great traffic, search, google ads, quite good protection, your own pics and description). Only for vintage items over 20 yrs, you are not allowed to sell current collections.
FB private groups (PayPal fees 2.9%, traffic depends on a group, do not appear in Google search, your own pics and description,only PayPal protection)
Craiglist (virtually free, traffic depends on your area, your own pics and description). mostly local delivery.
Consign
RealReal (fees 40%, great search and traffic, ok-ish google ads, they take care of everything after you ship it, biweekly payment)
Ann's Fabulous finds (fees 10% for above $3000, 25% for $500-3000, 40% for up to $500, ok traffic, they take care of everything after you ship it).
Fashionphile (fees depend, they give you a quote, great traffic, great Google ads, they take care of everything after you ship it)
Material World (consign and trade in, fees depend, they give you a quote, great traffic for their eBay store, they take care of everything after you ship it).
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what a great work you've done. about Vestiare - I think it's not 30% at the end, they have complicated formula, but I've recently sold shoes for $500 and will receive $342. They also don't let me set my own prices, sometimes (very seldom) they agree with my prices, but mostly they are negotiating and offer ridic low prices in return - that's what I don't like the most about them.
They just released money for a sale that was delivered 3 days ago. However, I think the item is being returned or was returned already because when I click on it, it doesn't say "this item has sold." It says "this item is no longer available" and it shows in the Abbey Road closet. Isn't it odd they aren't holding the money longer? The buyer is only about 40 miles away from Santa Monica, where Tradesy is located.
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Thank you, VC is very tricky and always looked like a difficult place to sell. until now.
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The breakdown is 14.9+2.9=17.8% so not 18% if you want to be exact about it.
My life is too short to follow Posh and their millennial brigade whose vocabulary is limited to "wanna trade". Plus they only include 4 pics, so you have to create 3 separate listings per each item to get 12 pics, again life is too short.
Go pro if you meet the numbers to enjoy the lower commission. I once heard from Tradesy rep that their biz accounts numbered around 500 (at the time) but they capture 35% of overall sales volume.
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Tradesy responded about my listing that completely disappeared today after it was sold. their system flagged it and now they restored it upon my request, but they didn't restore the sale. lost sale. perfect listing, perfect bag, nothing to flag unless you are a competitor. I'm really not happy with Tradesy "system".
Disgusting but you're exactly right. Their WHOLE PREMISE is to sell what's in your closet - the owner did all the publicity based on giving the average woman an opportunity to recoup her closet and that's what built the website and what got the their investor money. Now they used the investor money to lure mass market retailers in and tossing us all aside - discriminating against the very people who helped them get started. I just can't stand these greedy corporate people who have not one loyal bone in their whole body. So anybody trying to sell low priced items will be pushed out by the big boys - by both saturation - their items virtually hidden in search and also now by an unfair price advantage. Sounds almost like a pending small seller lawsuit. And so much for Tradesy being a women's website like they advertised in the beginning - women only. Most of those big sellers are run by men.
i think Tradesy has every right to increase fees after their business model is well-established and has been around (and successful) for quite some time. at this point it's quite bizarre to see an increase given their infancy online and the bad website itself. you can hardly search the site. although they provided reasons for the increase its simply not warranted, given the glitches the site has. it's a slippery slope to raise commission so early on b/c the company has nowhere to go but up from 18%. it's too close to consignment - for me anyway- with zero consignment benefits. i just consigned a bag with FP last week and it sold in 3 minutes. no joke. 3 minutes. they took 30%, but with tradesy that item would have sat there for months....