The resale economy is poised to total $77billion in the next 5 years, and that’s cause for celebration. This also means that despite a booming, perhaps crowded, market, no two resale platforms are quite the same.
They reach varying audiences, with varying aesthetics, and even more varied budgets. For a seller, the wild west of resale also carries considerations– ease of navigation, level of effort to list, and commission structures. Research seller reviews and the brands sold on each platform to understand which one will best match the stuff in your curation pile.
And as you’re identifying which items to part ways with, rethink your piles. Instead of simply keep and donate, sort them based on where they have resale value, from most to least:
- Luxury: Tradesy, Vestiaire, My Wardrobe HQ, Sellier, Cudoni
- Trendy and High Street: Ebay, Depop, Hardly Ever Worn It, Vinted
- The Not Quite Sellable Stuff: Swopped, Swishing, clothing swaps on Eventbrite, charities that want a specific type of gently-used clothes like coat drives or prom dresses.
- Worn or damaged goods: Look up your area’s local textile recycling center, or convert the garment into rags for use around the house.