Anyone Ever Buy and/or Sell on Tradesy?
- Thread starter iluvmybags
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Last couple weeks sales have been brisk for me, 4-5 sales from coupon day. Ppl are buying if you have the right inventory. Consumer spending seems robust. I tend to have fast turnover, it helps that if ppl didn't see something that caught their eye, they return to check etc. I'm weaning off shoes, have been for a while now, they just seem more a lot more work compared to handbags. If your listings are limited, try remove and relist to keep closet looking fresh. Good luck.
I have 70 items listed, all high end and all below retail and most are sought after items and new with tags, etc.. I use to sell very well on Tradsey but it's been like this for months for me now, basically ever since the Commission increase and the they no longer do price drop sales and the codes only come once in a while. I saw several times yesterday that people had things reserved from my closet but nobody ever followed through with the purchase [emoji53]
The logical conclusion I arrive at is your pricing, your closet notwithstanding. I know it's not what you want to hear but all else being equal, your past sales received support from Tradesy subsidies and now those are gone. My selling philosophy is I would rather unload at breakeven than not make new sales. I weaned off shoes by dumping at least 20 pairs NWT with consignment, overall making only a little markup and much less than what I had originally targeted but I'm now positioned better and stronger. It's the cost of doing business that sometimes my closet curation doesn't pan out and I end up with duds or whatever but it's important to have a plan B.
Since they raised their commission I had to raise my prices. Most of my NEW stuff is 30% off the retail price some even being 40 to 50% off. Not going to give my stuff away so I guess I'll just have to sit on it until it sells. I've already gone the route of sending some items off to consignment and got rid of some things that way but I can't do it with everything because I just don't want to lose that much money.
I get what your saying but mostly I'm just curious as to how other members are fairing on Tradsey.
What consignment store did you send your shoes off to? I wonder because you said you got a little markup on the shoes but every time I asked for a quote from Yoogis or fashionphile they want to give me $350 for New in box Rockstud for example.
My sales are doing great. Especially on the first week of the month or weekends. Most of my items are high end brand new. Fendi items always sell in a few days. Right now my only complaints with Tradesy are all the increases in commission and shipping.
I've been able to sell all of my unwanted handbags. I sold my last one this past weekend. I don't have nearly enough listings to know for sure if sales are slow. I have 4, 2 are shoes and 2 are sunglasses. Shoes for sure move a lot slower. I might just pull those and wear them at this point. When I list my handbags, wallets/slgs, etc... they seem to move pretty quickly, even with the higher price that I have to list them at to compensate for the increase. I am even tempted to clean out 2 more bags since sales have been good for me, so I can't complain.
I never make a sale when there is a coupon. I don't have anything listed for over $500 so the only way someone would be able to use a coupon is to add it on another purchase to meet the coupon limit.
I made 3 sales on Friday and I just made one this minute!
Indeed I unloaded my shoes stash with FP, all new and got 400-500 bucks. Pretty sure they're all sold by now since I can't find them anymore. Probably took them 1 week to sell is my guess. Made money on some while lost a little bit on others but on average I probably got out ok, can't complain. Time to move on is my take.
zero sales
This has been the slowest week for me...one sale since Monday (usually my avg. is one a day). I'm hoping maybe its the tax season...
I've sold rockstuds to FP for $550 (direct buyout) before. It really depends on who gets your quote and if they have a high inventory of rockstuds.
I guess it's combination of tax, Easter, Proms this month and beginning of commencements and weddings season. Too many expenses and no $$ to spare on luxury items unless it's a specific item you need to wear on occasion.
Tradesy sent me an email with suggested improvements for my listings. They all say "update material" and are all purses that are either fabric, suede, coated canvas or saffiano leather. Apparently, these aren't choices they have in their system. If you put in leather, at least you get a drop down menu with a few options. Interestingly, they have nubuck but not suede in that list. However, if you put in fabric, there isn't a drop down menu, so you have no idea of what words their system would accept. You have to start typing a word and hope it triggers something they have in their system. It didn't accept jacquard. Through trial and error, I finally got canvas to work for all my fabric items.
I don't think ebay has a coated canvas option either. I don't think canvas is the same thing as coated canvas.
I don't think ebay has a coated canvas option either. I don't think canvas is the same thing as coated canvas.