Hello again, savvy savers! I hope you all are well rested, and ready for a new daily challenge! So today I want to focus not on selling things gleaned from your home, but items that can be made from items you have on hand. I am speaking of online consignment selling on ThredUp.com.
So, why ThredUp.com?
Thredup is a mom and pop company, a small group of technology lovers, problem solvers, and some busy moms and dads. thredUP is based in downtown San Francisco. They pride themselves on being not just one of the nets largest online consignment carriers, but that they’ve been able to create meaningful jobs in the local economy and help build awareness about sustainable clothing practices and the environment.
A few other reasons to check the site out:
- The sites allow you to sell clothing online, consignment-style, to a larger audience of potential buyers.
- You are selling clothing to the vendors, and they offer you credit which can be used to either buy new clothes, or to have a Paypal buyout option.
- Clothes that are not accepted are donated, on your behalf, to charities in their area.
- You do not have to leave your home to sell items!
What Can I sell:
- Children’s Clothing
- Men’s Clothing
How to Sell:
- You should first start by figuring out what you want to sell.
- Next inventory what you want to send.
- Go to ThredUp.com and LikeTwice.com to request item shipment bags; bags are mailed to you free of charge.
- Once your bags arrive, mail back packages in the pre-sorted bags.
- When your bags have arrived, you will receive notice, by way of email, as to what items have been accepted or rejected for sale.
- Currently, ThreadUp is offering 100% return rate on all handbags, totes, and luggage!
- Currently sellers on LikeTwice can earn a $10 BONUS FOR YOUR HANDBAGS AND $5 FOR YOUR SHOES THROUGH 6/28!
- Try to sell items that are current, classic, or sought after in design.
- Items should be in good, wearable condition.
- Shoes and leather goods should be clean; please read over ThreadUp’s policy, here!
- Be realistic in your options. Just because you paid $100.00 for a pair of jeans you will realistically not receive most of your investment back; aim for a quarter of the items worth.
- Rejected items will not be returned, but donated; only sell items you are ready to part with.
- Items you wish to have returned, you can opt to pay the $12.99 fee to purchase return assurance, so all returned items arrive back quickly to you. The fee will be taken out of your payout amount.
- LikeTwice will allow all returned items to ship back to you for $4.95; the fee can be taken out of your sellers account, store credit, or paypal account, too!
- Both companies also accept plus sizes, maternity, and men’s clothing as well.
So, today I challenge you to order a bag from ThredUp.com, and in a weeks time, mail off your consignment goods!
My Selling Goals Were:
- I am going to list 10 household items, per bag.
- I hope to make $100.00 in profit.
- All items that do not sell will be donated to charity.
- To request both bags today; I will blog about the rest of the process during my June No-Month Spending Challenge.
As well today I was also able to accomplish:
- As part of my #Choose30 Daily Challenge, I woke up at 7:25, walked my fur babies, showered, & dressed to my shoes. (Thanks, Flylady!)
- Worked on my daily Motivated Moms Planner.
- I finished a day’s worth of clerking assignments ahead of schedule!
- I cooked from my pantry for each meal.
- Read my daily devotional.
- I waked two miles.
Today I saved:
- I eat at home this evening for dinner, saving our family $6.95.
- I recycled, upcycled, and composted one bins of deluge, and saved $0.25, the cost of 1 trash bag.
- I cooked three meals from my home pantry, saving $6.81 in the process.
- My family drank water today, and saved $0.69, the cost of a 2-liter of soda.
- I also did not watch cable tv, and saved $3.68 by doing so.
Total amount I saved my family: $21.38
Please be sure to check back tomorrow for another way to save for this months No-Spend Challenge!
Here’s to saving,