ThredUP vs Poshmark: Battle of the Online Consignment Stores!
Secondhand shopping is one of the best ways to build a sustainable closet. Say you’re a little bored with what’s in your wardrobe, are committed to not shopping fast fashion, but can’t afford anything from a sustainable brand...secondhand shopping to the rescue!
When you purchase from the secondhand market, you avoid the environmental costs associated with producing a new garment. Of course, we have to consider the carbon emissions from shipping and the plastic production in the packaging, but even so, online thrifting has a much smaller environmental footprint than that of purchasing something new. Buying second-hand not only economically uplifts small business owners (or casual sellers), but also allows pre-loved clothes a second chance at life!
With the advent of the internet, users no longer need to only thrift locally. Online consignment stores like ThredUP and Poshmark have opened up the market to global exchange. They offer shoppers access to styles and brands that would’ve been previously difficult to find in stores. The function of the search button also makes it easier for users to selectively sift through garments so that they’re less likely to fall prey to the “it’s on sale/it’s so cheap” mentality.
That being said, how do you know which platform works best for you--as a buyer or a seller?
It’s the final month of Slow Fashion Season as well as Secondhand September! Let’s celebrate by breaking down these top two online consignment stores (ThredUp and Poshmark). This simple guide will help you effectively decide the thrifting community that works best for you!
ThredUP touts itself as the largest online thrift store in the world. The company was founded in 2009 and now hosts over 35,000 unique brands with over 30,000 new listings per day! Most of their clothes fall in the women’s and kid’s clothing category, but you can also find some deals in the shoes, handbags, and men’s clothing categories.
How It Works:
If you’re looking to clear out your closet and sell some clothes on the side, ThredUp makes it easy. Start by deciding if you’d like to get paid for your clothes, or if you’d like to donate all the items ($5/bag donated to the charity of your choice) and request the clean-out kit that matches your choice.
The company sends you a durable plastic (😞) bag with a prepaid shipping label for you to put all your clothes into. You send your clothes back to them; they sort through your closet for qualifying listings; they handle all the posting, pricing, and selling for you.
Upon item listing, ThredUP asks for your payment preference. You can get paid immediately or get paid when selling on consignment. The first option offers quicker cash-out but at a lower price versus the second option where you’d have to wait before seeing any profits. For more details on the payout system, please reference this.
To begin as a shopper, you can simply visit the website to start browsing. Heads up that checking out requires your email address!
ThredUP is a great choice if you’re looking to clear out your closet and don’t really care how much you make. If your priority is to do a deep cleaning, ThredUP is an easy, hands-off approach for you. They do all the listing, monitoring, and shipping for you. There’s no need to get involved. Other than that, ThredUP isn’t really a viable selling opportunity for anyone looking to make some money. Payout is incredibly low and the process takes quite a while--I remember only making between $5-$10 for my entire clean-out bag.
Shopping is easy with this platform. You can set your sizes and preferences for browsing or search according to the item you’re looking for. The clothes that you find on ThredUP are more for day-to-day wear though if you really dig, you might be able to find something special and unique.
Poshmark is a social online consignment marketplace that was created in 2011. This platform is only available to users in the US and hosts listings in women’s, men’s, kids’ clothing as well as shoes, bags, jewelry, accessories, and makeup.
How It Works
Rather than sending your items to Poshmark, you take your own photos and upload them. As a seller, you set the price and post the listing. When an item is uploaded, you can share it to your network of followers (usually pulled from Facebook). After your item sells, Poshmark provides you with a prepaid label to send your items and when the package is confirmed as delivered by the buyer, you get paid.
Because you do so much of the work as a seller, Poshmark only takes a small commission. They take a cut of $2.95 for any item under $15, and 20% off items over $15. This commission covers the cost of shipping.
The cash-out process is super simple. As soon as the buyer receives the item and confirms that it is what they were expecting, you can request that your money be sent to you.
As a shopper on the platform, Poshmark is quite similar to ThredUP in its ability to sort according to brand and size. Posh parties and the social element of marketplace make for a unique experience. Check-out on this site is easy as it does not require an email address—you can simply input your name, address, and payment information.
Poshmark is a very involved marketplace. It takes a lot of time to post, engage, and sell. You have to consistently share your posts to gain exposure and if you’re not looking to invest at least some time into your postings, it’s probably not the platform for you.
On the other hand, Poshmark offers the individual a lot of control (both on the seller and buyer front). If you’re listing items in the mid-to-high price range, the amount of work you put into the account can generate some decent side cash.
Well there you have it, the battle of the two largest online consignment platforms! Overall, ThredUP is more useful if you’re looking for a quick and easy way to clear out your closet. I would view Poshmark as a more socially-inclined version of Ebay. It’s a viable platform for starting an online store as a casual seller but you have to invest some time into the listings and the engagement.
As a side-note to wrap up, I’ve created a Poshmark store! You can visit this page to shop my closet!
If you found this useful, please leave me a comment and let me know if you’d be interested in exploring more in-depth reviews of other platforms as well! Have you used either of these online consignment shops? What has your experience been?