Everybodys losing money on shipping and returns.. They changed this "recently" according to customer service, but I had been waiting weeks to receive my bundle. 5050 Louise Dr Mechanicsburg, PA 17055 All items are subject to a $1.99 restocking fee (more on that below). I decided it was not worth making a return after I looked into the details. Of these three, two were listed "excellent" and one was listed "very good". ThredUp bills itself as the largest online consignment and thrift store. They can be recycled, or, for $10.99, they can be returned to you. You can choose to receive payment for your sold items or use the earnings for ThredUp credit. This post contains affiliate links from which I can earn a commision, at no cost to you. One was a hand me down from a neighbor. They dont care about our planet or the people supporting them. thredUp vets the quality of the clothing before they sell it to you. Required fields are marked *. And because it was a final sale item, I couldnt return the second pair of jeans. After years of subsidizing them, more retailers are charging customers to send back unwanted goods. They easily tore after one month of light use. I think its wonderful there are more second hand shops online. Im guessing theyll milk it for another year once things are back to normal. Basically I feel like they stole most of them. Less than a dollar for a nice box of clothes! Opinions expressed here are the author's alone, not those of any bank or financial institution. I think it ended up costing me close to 25.00 for each return. Plus, enjoy thousands of arrivals every day. I have no affiliation with ThredUp and wont receive any compensation if you order from them. So, lets get started and find out what Thredup processing fees are all about! These were 30 pound ones too and I only made 38 this is without return assurance, that's ridiculous thredup is getting greedy. I also purchases a Tahari sweater type jacket at final sale price..still paid $89.00 for it. Actually ThredUp allows a very long 24 hours that items are allowed in carts. I believe making extra money from reselling your stuff or saving money by spending wisely is ideal. in Communication and Media Studies from Trinity University. And also, it was a final sale item, so returns were unavailable. Manage Settings Demand for our cleanout service has never really waned, so were looking for ways we can prioritize our best sellers and also monetize the brand equity that we built at ThredUP as being the most convenient place to clean out your closet, said Reinhart. 3 more replies BackgroundTrash3146 7 mo. 1. You can try things on, decide if you want to keep them and return the rest. You'll make much more money. We inspect, photograph, list, and ship items for you. 2. This post has been read by 1313 executives in the retail industry. Read more, While some of us have been working from home since forever, this is completely new to others. written by Team thredUP. Scams Thredup Review 2022: An Online Clothing Store Scam or Legit? Read this first! So I couldnt throw it in the washer or dryer to remove the pet hair. As I write this post, I have two pairs of the same J-Crew mid-rise jeans. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Rescues 101: Everything You Ever Wanted To Know. Please be aware when dong returns. Thredup Processing Fees - What It Means & What To Do Thredup uploads only two pictures of shoes and hardly shows the soles. Again, be sure you want the clothes before paying for them to avoid paying restocking fees. They often have different discount codes permitted for different users that give different sales (MAMALOVE vs. MOMLOVE for Mothers Day sale), likely based on the age of accounts. And Ive had both good and unpleasant experiences with the online consignment store. I used to spend an hour digging through thrift store racks, only to find maybe five pieces that would even fit. Im a total cheapskate. I had "credits" that I needed to use up so ordered some clothing items. Inaccurate sizing is one of the downsides of shopping on Thredup, 3. (I use ThredUp Luxe, by the waya much better payout and experience). Relax! I did use the credit to buy items I would actually wear, so that was a win. This company USED to be great, but now is a disgrace. ThredUp, as one of the largest, is making a real difference in keeping clothing out of landfills. This is particularly annoying since thredup is Wildly inaccurate about their sizes on items, and items are not flat measured consistently or accurately at all. Which was also not in the Thredup description. You can't tell the kind of home the clothes are from, 6. Downsides of shopping on Thredup? Rescue Boxes - thredUP ThredUP no longer lists clothing measurements and has drastically cut payout for clothing you send in. Beware: theyve been using the Covid excuse for nearly a year and its getting old. Can You Make Money Selling Clothes on Thredup? ThredUp Tests Consignment Fees, New Return Policies in the Pursuit of Most other items came in at a commission less than 0.27 cents! You can choose ahead of time what will happen with items that arent accepted. If no one is buying your items they keep encouraging you lower the price and get even less. Or maybe you want to make a few bucks by cleaning out your closet. This makes sense since they sell consignment pieces with only one of each piece in their inventory. Seems pretty simple to me you can sign up for yourself and get $10 off your first purchase. They take the stress of taking pictures, adding descriptions, and listing off you. Incorrect sizing on one item, second is picked very bad and it was listed as new condition, several very noticeable picks in the material, and third smells so bad of mildew, I have washed it twice and cannot get the smell out. As Ive gotten older, Ive learned one key fact about shopping. Apparently THREDUP is now limiting how many items you can waive with the waiving restocking fees reward to 3. Also, Thredup might not accept all your items. For some reason, their clothes tend to fit me well. Bree is a lifestyle blogger, mom, and wife based in Virginia. But I decided to try mid-rise as Ive lost a few pounds. Most items that were sent had been listed and only a select few rejected. THEY ARE THIEVES AND SHOULD BE PUNISHED to the fullest extent of the law! If we overlooked this on an item, s elect your return reason as "Quality" or "Description." Our processors will review your item and waive the restocking fee as applicable. They took months to process my bag, while continuously moving the anticipated processing date months up and never offered anything for the delay. How to pay the processing fee? March 16, 2022 learnanet If you are reading this Thredup review, likely you have bought, sold or tried to sell clothes on this consignment store website. The content on this site is for informational and educational purposes only and should not be construed as professional financial advice. Hello! Featured Articles. Apparently THREDUP is now limiting how many items you can waive with the waiving restocking fees reward to 3. I recommend doing it, since over time, prices will be discounted by sales or coupon codes. But the amount I got in credit for them was pretty sad. It's the payout that really bothers me15 items and all I got was .91 what a waste of my time!!! There are different ways to earn points, so check it out! Sell high-end brands to make more money. I think Im done - while they have every right to change their rewards program, this to me seems sneaky and done in bad faith. My only hang up with this business is, that the payout is barely a percentage of what they are listing the item for. Local thrift is best. Higher costs for transportation, energy and labor have made returns even more expensive, raising the stakes for chains to change behavior. Its definitely a keeper. They might have busy lives, are very rich, and arent interested in selling on Thredup. Address:777 Terrace Ave, Suite 202Hasbrouck Heights, NJ 07604. Its not worth the return fee and shipping for me to return. My example - I was looking for a black tote and found one that I thought was perfect - the photo clearly looked black and the details listed the color as "black". I immediately sent them a message asking to cancel. Items were smaller than appeared from description and photos. As of December 23, 2022, the IRS has issued Notice 2023-10 indicating that the threshold for 1099-K issuance has reverted back to $20,000. ThredUP Fees. This is a small thing, but if youre out to save money, know that the packaging is super cute when repurposed. Best Wallet Hacks thredUP Reviews - 5,943 Reviews of Thredup.com | Sitejabber This content has not been reviewed, approved or otherwise endorsed by any of these entities. And the customer support person made sure they removed the dress and updated my order. Both packages were tyvek plastic bags which arent recyclable. Three out of four pieces I sent were accepted. Just as all the other reviewers have stated, they have gone downhill dramatically. 14 Ways to Save on ThredUp Clothing - Offers.com That meant more returns, and COVID-19s disruptions created an inventory glut in categories such as apparel, which is expected to increase discounting and the potential for shoppers to return goods when they see better deals. Yes! Your email address will not be published. And if they make some change doing that, fine. This confirms my point earlier that Thredup wants to make more money. I have several examples of their failure. The third thing you can do with the newly introduced Thredup processing fees is to donate your items. As careful as Ive been while buying through thredUp, Ive had a few snafus. Get Started. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Be warned if you order like I do - I order a bunch with my bundles and return what doesnt work using the reward. 28 triangle-sandwich 3 mo. Although it was 40 days BEFORE the items were listed. So this post will discuss the downsides of shopping on Thredup online consignment store. You dont have to wait for someone to buy it. Even over the summer I only made it to a few yard sales. The only thing thrifty about thredup.com is their employees. Free returns helped make consumers comfortable. 20 Tips For Buying Designer Clothes on Thredup, The Downsides Of Shopping On Thredup 9 Things To Know. Continue with Recommended Cookies. I cannot recommend this company. Im done with ThredUp. Service 624 Value 664 Shipping 642 Returns 456 Quality 604 And the online resale platform charges $1.99 for what it calls a restocking fee if a customer sends an item back. Earning ThredUp rewards. I sent in 22 kits between January and June 2020, and given the experience (overall) I was not willing to keep going with ThredUp so I took the remaining kits I had ready to send in and dropped them off at Goodwill. That's not a delay, that's a very poor business plan or process, or worse. thredUp goes the extra mile with their presentation: they always wrap the clothes in adorable green polka dot paper. Imagine if you're returning up to three or more clothes do the math. Overall, even if one element improved, they are a very long way from reaching a base level of adequacy. So Ive been looking for online thrift shops. Kate's guides can help you to get more ideas on how to earn income online and increase your wealth. This went on for a whole month, until I gave up. But you can sell your clothes on Thredup and pay them $14.99 from your sales. Including a pic of my recent clean outs. We saw many of our core shoppers sitting on the sidelines, and for those that were in market, the resale value proposition was diluted relative to the exceptional bargains being offered for new clothing., However, Reinhart said he is cautiously optimistic for resale in 2023 and is positioning the company to move from playing defense to offense as these competitive dynamics normalize.. thredUp vets the quality of the clothing before they sell it to you. I know the Thredup processing fees would make it hard for regular people like you and me to sell on the platform. At least the spaghetti sauce came out with stain remover the other dress is silk and the dry cleaners couldnt help me for fear of ruining the item.