My Review & Experience Using THREAD UP
Have you guys heard of THREAD UP? It's an online thrift store that you can sell your clothing to. The basic idea is that you order a clean out bag and then you bag up the items that you don't wear anymore and send it to them. They then go through your items and keep what they can re sell and give you a credit. A credit that you can either cash out or use to buy items from their store.
I had a closet full of items that haven't fit for over a year, so I decided to try out THREAD UP. I got my clean out bag in and got to work. THREAD UP specifically takes high end brands and clothing of the best used quality. For the full list of brands they accept look here.
I ended up sending in quite a few shirts, a pair of jeans and some dresses after checking the brands they accept.
Once they get your bag it takes 15 business days for them to process the bag and credit your account. One negative is that it takes quite sometime for everything to be processed. I finally heard back about my bag on 11/11.
Once you sign up for an account you get 40% off your first order, which is pretty nice. I think Thread UP is a great way to recycle your clothing, and buy items that are no longer in stock or available.
So what was the outcome of my polka dot bag?
I received the email that my bag was processed, they send you a link so that you can see what items they accepted and what they didn't. Out of a total of 15 items sent in only 2 items were accepted. This was a bit of a bummer, I have expected that more of my items would be accepted since they were all brands they currently accept. However, this wasn't the case and only two pairs of jeans in excellent condition were accepted at $2.65 for both pairs!
This pricing was also a let down. I understand this is a second hand store, but I could have sold my clothing privately and gotten at least $5 per pair out of the denim. I do not feel their buying rate is good at all, especially when I see jeans on their site for $10 and up. It just doesn't make sense.
I think as a buyer ThreadUp might be a good option to buy items that are discontinued or no longer in stock. But, as a seller you just will not make much off your items through ThreadUp to make it even worth it in my opinion.
That being said if you want to try THREAD UP for yourself? Use my referral code and get $20 when you sign up! Sign up here.