How much do I love you guys? It's so nice to have your support and camaraderie here.
So I emailed Claire again today to see what is going on with the constant "Reserved in cart" issue that keeps our items from being available for sale.
She responded back with what they are working on, and it is certainly better than nothing, but I don't think someone is going to buy my Birkin this way
From Claire at ThreadUp:
Yes, we do have an update: we're testing out a "commit to buy" feature, wherein potential buyers who can see reserved items (I could be wrong but I believe that currently, any buyer who has made a purchase in the past 6 months is able to toggle to see reserved items) can now input their payment info and essentially auto buy an item once the cart timer expires on the current reserver. This basically prevents long-term cart hoarding, while preserving our 24 hour cart (which I know is very controversial among our suppliers -- one argument in favor of this is that it helps to keep our return rate low, which is in everyone's best interest).
My response:
Thank you for the update Claire.
I am so glad that you are working on a solution.
The problem with the "commit to buy" feature for items over about $500 is that customers need predictability on when those funds will be withdrawn. I do not think someone will commit to buy if they are not guaranteed the date and time that the funds will be withdrawn from their payment source. Don't you agree?
Why not just make Luxe handbags "commit to buy" only, with no cart reservation option? They are final sale anyway so there would be no concern about keeping the return rate low.
Would you suggest this to your team?
Let me know what you think.