The way to win within the sport of reselling…
That, my associates, is a query, NOT an announcement.
I not too long ago started the method of what I’d prefer to petition as fall cleansing as a result of why ought to we wait till spring to prepare ourselves and our closets? IMHO, closet cleanouts ought to occur twice yearly, however that’s a narrative for a special day.
Now, again to the subject at hand. My assortment has reached nicely into the double digits, and personally, I’ve discovered holding the variety of luggage I personal at or round a dozen makes probably the most sense for me.
As soon as I hit 15, one thing’s gotta go.
There are a couple of the reason why I restrict the variety of luggage in my assortment. One: house. Residing in NYC merely means I would not have sufficient house to correctly retailer many luggage. Moreover, I discover that I really use every bag I personal sufficient all year long once I solely have a dozen or so in my assortment.
In fact, a few these luggage are usually not nice for each day put on, and whereas some get extra use than others, holding my assortment pretty trim is what works finest for me. As a result of I’m constantly including new luggage into my rotation, I attempt to promote not less than one bag a 12 months once I do a closet clear.
To Do the Work or To Ship It Off?
I’ve begun the method of deciding what to maintain and what to promote. Whereas I’m not fairly positive which bag(s) I’ll half with, I’ve begun exploring the huge variety of promoting choices. With the resale market rising quickly, there are extra reselling choices than ever earlier than (keep tuned for a resellers information!).
Do you do the leg work your self and promote through eBay or Poshmark, or do you sacrifice some income to ship to one of many prime resale websites like Fashionphile, Rebag, or The RealReal? Whereas The RealReal works on consignment, and the method is lengthy, Fashionphile and Rebag can pay you outright.
Get Paid Out or Consign?
Nonetheless, Rebag not too long ago added a consignment choice to their enterprise mannequin, and Fashionphile additionally provides the selection to consign. With so many choices and the objective being to revenue probably the most, how do you win within the reselling sport?
Final 12 months, I bought an previous Chloé Marcie Bag, and after getting quotes from Rebag and Fashionphile, I riskily determined to consign with The RealReal. Nonetheless, after the bag was marked down and additional discounted through the vacation procuring months, I made far lower than the upper of the 2 payout quotes I acquired.
This left me feeling somewhat defeated. As I start the promoting course of this 12 months, I do not know the place to start. Do you favor to consign or decide to receives a commission out?