Resale Marketplace Websites

You have quite a few choices in where to sell your designer goods and this chapter is going to break it all down for you.

There are certain traits that most all the following websites share and I think the biggest one is their “Designer” list. Each one lists the Designers they carry but it’s a whole different ballgame when you actually look deeper to see what they actually allow on their website.

Look, they would all love nothing more than to carry nothing but Chanel, Louis Vuitton and Hermes as those are top money makers but it’s the low end designers that really differentiate each one. Now each of these websites do carry the higher end brands but only a couple allow the lower end brands (think Guess, Aldo, HM).

I will break down each website in alphabetical order and include information that I feel is important when you are making your decision as to where to sell your items.

 

 

Ebay

Brands Carried: Everything

Men’s: Yes

Their Take: This is a hard one to pin down but roughly 20% between Final Value Fee, Shipping Fee and Paypal Fee.

Shipping: Your choice, upload tracking number

Returns: Your choice

Payment: Immediately via Paypal

App: Yes

Pricing: $$+

Summary: This is the biggest out of all the websites but I personally, the price get’s driven down too much on certain items due to the fact that there are so many listed at one time.

 

Grailed

Brands Carried: Everything for men from HM , Nike to Saint Laurent

Men’s: Yes, men’s only

Their Take: Free to use right now and the only percentage taken out is the PayPal fee of 2.9% and .30c

Shipping: Your choice, upload tracking number

Returns: Your choice

Payment: Immediately via PayPal

App: Not yet, but there’s word that they’re working on one.

Pricing: $$$+

Summary: I love the fact that Grailed caters to men only and it’s a vertical that has been overlooked for a long time. There are a few kinks that need to be worked out but they’re on the right path.

 

Poshmark

Brands Carried: Coach, Michael Kors, Tory Burch, Free People, Vera Bradley, Forever 21

Men’s: Yes

Their Take: 20%

Shipping: They provide pre-paid labels via U.S.P.S.

Returns: Within 3 days of delivery

Payment: Three days after delivery of your product. Transfers to your bank account

App: Yes

Pricing: $$+

Summary: Selling Parties are their big thing so If your into the social aspect of selling online, then this is the place for you. Be prepared for multiple offers for bundling products (selling more than one item from your closet at one set price, trading for another sellers items or low ball offers).

SnobSwap           

Brands Carried:  Alexander McQueen, Louis Vuitton, Celine, Coach

Men’s: Yes

Their Take: 10%-15% = 10% if you’re a Boutique / 15% “Vetted” seller. The vetting process is confirming your personal information.

Shipping: You ship and upload tracking info

Payment: Bank or PayPal – 7 days or more after item is delivered

App: No

Pricing: $$$+

Summary: They just received another round of funding so hopefully this will go to marketing. Pretty good for purchasing, sales are a little slow to go though.

 

Lollipuff

Brands Carried: Herve Leger, McQueen, Azzedine Alaia, Balenciaga, Celine, Chanel, Dior, Louboutin, Hermes, Jimmy Choo, Louis Vuitton, Manolo Blahnik, Prada, Roland Mouret, Smythe, Valentino and YSL

Their Take: 9%

Shipping: Ship yourself and upload tracking number

Payment: Marketplace so as soon as your item sells, you receive payment

App: No

Pricing: Medium to High

Summary: The buying and selling process is a little convoluted and they’re not a very big player in this space.

 

Tradesy

Brands Carried: Guess, HM, Target, Saint Laurent to Hermes

Their Take: 11.9% total = 9% listing fee and 2.9 bank transfer (December 1st 2016 commission rates go up to 14.9)

Shipping: Pre-paid shipping label or ship yourself and upload the tracking number

Payment: 3 days after item is received

App: Yes

Pricing: $$+

 

True Facet           

Brands Carried:  Tiffany & Co., Rolex, Brietling, Hublot and more

Category: Jewelry and Watches only

Their Take: 15% of the sale price

Shipping: They give you a pre-paid label to ship to their offices to authenticate then ship to buyer

Payment: Check or PayPal

App: No

Pricing: $$$+

Summary: One of the best places online to sell higher end jewelry

 

 

Vestaire Collective                                                                                                      

Brands Carried: High End with a few generic brands

Their Take: Scale but on average, 25%

  • Classic deposit
    • $ 25 (inc. tax) for prices under $ 70
    • 33% (inc. tax) for prices ranging from 70 and $ 140
    • 31% (inc. tax) for prices ranging from 140 and $ 345
    • 30% (inc. tax) for prices ranging from 345 and $ 690
    • 25% (inc. tax) for prices ranging from 690 and $ 1380
    • 24% (inc. tax) for prices ranging from 1380 and $ 2755
    • 20% (inc. tax) for prices ranging from 2755 and $ 4130
    • 18% (inc. tax) for prices ranging above $ 4130
  • Lifestyle deposit
    • 50% (inc. tax) for prices under $ 70
    • 33% (inc. tax) for prices ranging from 70 and $ 140
    • 31% (inc. tax) for prices ranging from 140 and $ 345
    • 30% (inc. tax) for prices ranging from 345 and $ 690
    • 25% (inc. tax) for prices ranging from 690 and $ 1380
    • 24% (inc. tax) for prices ranging from 1380 and $ 2755
    • 20% (inc. tax) for prices ranging from 2755 and $ 4130
    • 18% (inc. tax) for prices ranging above $ 4130

 

Shipping: Their label, ships to them for inspection

Payment: 1 day after passing quality control

App: Yes

Pricing: $$$

Summary: Perfect for the globe trotter who is in different countries all the time.

 

Vinted.com

Brands Carried: Papaya to Louboutin

Their Take: 19%

Shipping: Pre-paid shipping label via the website.

Payment: Paypal or your bank account

App: no

Trading: Swapping is promoted, like on Poshmark but without the “Parties”

Pricing: $+

Summary: They have more categories then most, Nail Care and Perfume