Anyone Ever Buy and/or Sell on Tradesy?

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#9,122
whateve said:
Not me. My gross for the year right now is under $8000. Most of my items are under $100 and I'll probably sell about 200-300 items this year on all platforms.



I assume it is because of tax reporting. If you sell $20,000 or more (gross), it will be reported to the IRS.
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I pretty much knew why she was asking but knew this would lead to the topic again. [emoji4]

jmc3007 said:
AND 200 withdrawals, this is what triggers 1099K form. it's gotta be BOTH.
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jmc is correct. It's both, even if you sold $200,000 in sales and had 199 payments you won't trigger a 1099.


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#9,123
whateve said:
Not me. My gross for the year right now is under $8000. Most of my items are under $100 and I'll probably sell about 200-300 items this year on all platforms.



I assume it is because of tax reporting. If you sell $20,000 or more (gross), it will be reported to the IRS.
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Yes thanks...that's why I was asking. I never sold this much and I just wondered if I should stop selling before I hit $20,000.
 
#9,131
nicole0612 said:
I totally agree. These sellers are the same ones with destroyed designer items on eBay. I think people buy them on Tradesy because they are excited by the brand name, then realize that a Chanel, LV or Hermes item is not worth having if it is in awful condition, so they return it of course. Now Tradesy's closets are full of broken down designer items that no one wants and so policies for everyone get less generous to make up for this. Tradesy should do what Vestiaire does; they have a much lower commission for professional sellers (not me), but they also mandate that professional sellers accept returns.
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Exactly this. Whatever I bought from Tradesy closets was SNAD. Bags had cuts and peeled off leather but were described "never worn, storage markings" They were beyond repair. Meanwhile tradesy is pushing returns on individual sellers picking on non-existing flaws visible at crappy pics taken via their crappy app. Taking about double standards here. Those bags weren't super good deals either, 20% below the price for the bag in perfect condition.
All Tradesy's recent changes look like an attempt to deliver to investors who said something like fix it by the end of the year or else. So they are trying to fix what's not broken, individual sellers. As unprofessional and inefficient as these kids are they are making even a bigger mess out of it.
So I'm waiting for "else" LOL
 
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#9,132
poopsie said:
When Tradesy is charging such a higher commission sellers have to mark up their wares accordingly. I can get better deals on Ebay.... with more to choose from (with a better search engine believe it or not)........and not have to accept site credit instead of a refund.
When I am shopping online I am looking specifically for deals on pre owned designer goods. I can get all the lower end stuff I want with just a 5 minute drive to the mall. I very rarely look for bargain basement stuff online.
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Yeah that's true about ebay - but I love a good bargain especially if I know the brand and size - I don't get those kinds of deals in the mall. I love to do a search on ebay & go from lowest price to highest - and see what I get (of course I make sure I'm shopping USA only sellers first) & then sometimes flip it to see what is selling at the highest price. I buy mostly mid end designers - not couture or high end & frankly - the really expensive stuff is what I want to buy in a department store so I have my receipt and appraisal and yep - I like getting serviced and the whole waling around swinging my shopping bag thing when I buy something special. The cheaper stuff I don't care if I get online. I get stuff I can wear for a couple seasons then get rid of - so I'm not going to spend a lot of money. The classics I used to buy to last don't even fit anymore - I"m at the age where my life is changing and I think like a lot of women - we are no longer buying for the future but just to wear and enjoy for now. Not building wardrobes but wearing them. That's why Tradesy was such a great platform when it first opened up.
 
#9,135
whateve said:
No, it didn't fit in a flat rate box. I thought about UPS as I was packing it up but it was an ebay sale and I had already specified USPS priority. It was 5 pounds and going across the country. I don't mind paying for the shipping as long as my buyer doesn't want to return. I'd hate to eat that shipping cost twice if she forced a return. I always use ebay labels printed online for my ebay sales. I never buy postage at the post office if I can avoid it since it is always cheaper to buy online. It wasn't a non-clothing item. It was a purse, just a very heavy large purse. I was afraid the buyer would complain about the weight and want to return for that reason.

I don't get many views on my items either. However, even without a lot of views, I did well in August, with 9 sales on Tradesy, out of about 100 items listed. If I wasn't listing my items on ebay too, it would have been slow, but having them both places works for me. I have noticed that my items that have the most favorites aren't the ones that sell. I almost always sell the items that aren't favorited. I believe that the main way I make sales is when someone finds my item in a Google ad or search, not by looking on Tradesy.

I removed many of my under $50 items from Tradesy. Those that I kept up, I made sure the price was high enough to cover the $7.50 commission, and then it doesn't really matter to me if it sells here or on ebay. I'm surprised at how many people are willing to buy my under $50 items, knowing they can't return. No one is buying my clothing on Tradesy. I do better selling that on ebay. I wonder if Tradesy even advertises clothing or accessory listings. Every time I see a Tradesy ad, it shows purses.
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Thanks for the response. I was wondering what kind of views others get and what people selling lower end items are doing. I can get like 300 views on something on ebay - one item - so 33 views over 250 tradesy items is just pathetic overall. Its all clothes and some accessories now - they deleted anything else I had posted and I really don't have bags or too many shoes - certainly not ones that are in the high end range. I can't see how people are selling things for like $20 - that's paying too huge a commission - I figure they're just dormant closets and the sellers just don't bother with the site anymore and just didn't take the items down.
 
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