This is true. Actual businesses can absorb these occasional losses through volume and through tax write offs. Not so for most of us though!
Anyone Ever Buy and/or Sell on Tradesy?
- Thread starter iluvmybags
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This is true. Actual businesses can absorb these occasional losses through volume and through tax write offs. Not so for most of us though!
wow, advanced buyers. sounds more like a reseller.
Good point! I try to price my items low, so I have seen several relisted by resellers.
have you paid attention to if they actually manage to sell your item(s) for more? personally i price high to purposely avoid resellers.
Sometimes they have sold them for more, but some are still holding on to them trying to sell them for their markup.
I think one of my Tradesy items was relisted by my buyer for more, but after at least 6 months, she sold it for much less than she paid. I don't think anything I've sold on Tradesy has sold for more. It happened to me on ebay but that was awhile ago when I don't think my listings were as good as they are now in terms of description and pictures.
Awhile ago I decided to change the category of one of my items from cosmetic bag to wallet. Instead of moving the listing, it showed in both places. At first I thought this was kind of neat, being able to be in two categories at once. I sold the item on ebay and removed it from Tradesy, but it still shows in my closet in both places. When you click on the item, it says "not available" so I guess that's good, but it is weird that I can't get it removed.
I had this happen to me a few weeks ago - Tradesy returned my $1500 bag to me because of odor. I consider myself lucky as I received my bag back in the same condition it was sent. Since then, I have let at least 10 people sniff it and they all say the same thing, there is absolutely no odor whatsoever. Tradesy stuck to their guns even though I messaged, emailed and "chatted" with them.
I remember when Tradesy was responsive and respectful. when you ask Q about promotions they responded like Tradesy would always cover the discount. that was back then. then things changed in several stages. First in Spring-Summer individual sellers were excluded from sitewide sales and were offered to opt in at their expense. then troubles with returns were reported now and then in late Summer-early Fall, but still you were able to communicate with them and make your side of the story heard. and finally we ended up with no service from customer service/team members. now we are dealing with rude attitude "you are wrong until you prove you are right, but actually we don't need any proof". and returns started happening for no actual reason. here I started thinking wait a minute, I'm a reputable seller with dozens of smooth transaction of high-end items, who paid a very good total commission to Tradesy. I don't need to prove anything for my perfect items or listings that are returned or flagged after the sale. why do I need such a stress and poor treatment for no real reason om my side?
great point ClaudiaK, probably they are getting ready to be absorbed. their unique model of semi intermediaries who handle returns failed. they are heading to full size consignment/platform for power sellers only, yet without working platform, proper auth team and sufficient storage facilities. it's sad to see, I believe if it were a different team they could make it work.
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Well, that's great, I just bought a bag from Abbey R's closet. Looked like new in the pictures, but now I feel like being on pin and needles until I receive the actual bag. Hope it's not ruined due to their storage and handling procedures.
Well, at least I paid with Paypal and also activated the "Google trusted stores program". <---- not sure what this does, but I guess it can't hurt.
Exact same situation! My bag actually arrived last night but I haven't had the chance to open the box yet.
In regards to Tradesy potentially being acquired by another company, I had the same thoughts when they announced these changes, but I have no idea who would buy them out. Any ideas? Speculation welcome!
maybe it's exit for venture capitalists and the buyer will be an equity firm. it was quite significant investment though $70M+30M+30M.
IDK, maybe Vestiaire collective can absorb them, they always wanted to expand in US (it's French company with most of their business in EU).
two biggest cosigners in the market are Realreal and Fashionphile. maybe Fashionphille given that they are doing well and are located nearby in CA.
VC makes sense as Tradesy is more in line with their model than the other two.