NEW YORK, April 18, 2022 (Newswire.com) - For many people, this is the era of the side hustle. Lots of individuals regard finding a passive income stream as one of the fastest ways to get out of debt. There are different ways to make money in addition to having a regular job, and selling clothes online is one of the more appealing methods. We'll talk about that in this article and cover two of the best places to do it.
Why Sell Your Clothes Online?
Selling things you don't need anymore is an excellent way to make some extra cash while cleaning out your closet. You might use that money for rent, to pay for the month's groceries, or save it in an emergency fund.
Plus, it's something anyone can do. If you look through your closet, you'll likely find clothing articles you haven't worn in a long time. If so, think about whether you'd prefer to keep these items or if you could use the money from selling them. If you can't easily think of a time when you're likely to wear an item again, it's a prime candidate for a quick sale.
Where To Sell Your Clothes Online
There are a few different online entities that will allow you to list and sell your old or gently used clothes. thredUP is a top contender.
thredUP is a place where you can list and sell clothing for women and children. If you have a child who has outgrown some of their old clothes, or you have items from your wardrobe you no longer want, you can easily create and benefit from a thredUP account.
The website does the work for you. All you do is put your clothing in a Clean Out Kit they send you and mail it to them. Then they'll pay you in cash or store credit when the items sell.
The thredUP model can take 20% to 90% commission for items. That might seem high, but the trade-off is that they handle everything, so you never have to communicate with someone interested in buying your merchandise.
Poshmark is another great selling marketplace if you have some old clothing you no longer need. You can download the app to your smartphone, then tap the "sell" button and upload a photo of the item you'd like to sell.
You'll come up with a title for your listing, describe the item, and set a price. Poshmark gives you a little more flexibility if you have clothing to sell since they will take items for men, women, and children.
Poshmark takes a flat commission of $2.95 for sales under $15. For sales of more than $15, they take a 20% commission fee and you keep 80% of the sale price.
Selling Clothes Online is Easy
Selling clothes online isn't that difficult, and Poshmark and thredUP are two appealing marketplaces where you can do it easily. Generally, you can keep more of the sale price on Poshmark than you can on thredUP. The difference is that thredUP will handle all aspects of the sale, while with Poshmark, you must communicate with buyers who want your clothing.
Selling clothes online is an easy side hustle that puts money in the pockets of many individuals who need it. You might want to consider it if you're ever short a few bucks and you notice you haven't worn some items in your closet or dresser in a long time.