Last updated Feb. 14, 2023 by Peter Jakes
Over time, Tradesy has gone on to become one of the best e-commerce and e-marketplaces in the world. The site is most especially patronized by women looking to shop for designer wears. Although it is popular for selling luxury items, you can also sell secondhand clothes on Tradesy.
However, Tradesy faces huge competition from popular online marketplaces like eBay and Poshmark. Consequently, sellers alike tend to be unsure which sites are best for selling clothes online. If you’re facing a similar situation, this Tradesy review will help you to decide the best platform to sell your clothes.
What Is Tradesy All About?
Tradesy is an e-commerce website where you can sell anything from designer clothing, shoes, handbags, accessories, and all ceremonial-related items, from gowns to tuxedos. Like other resell sites, Tradesy serves as a middleman service that links a selling fashionista to a buying fashionista.
Furthermore, it is an online marketplace quite similar to eBay that allows users to list and sell their high-end fashion items. However, since all the clothing and accessories are secondhand, the prices are generally more affordable for the average shopper.
Aside from women’s fashion, Tradesy, you can also sell or buy wedding items. The platform enables you to find a luxurious wedding style at a fraction of the cost. Not all items can be sold on Tradesy; here are the common items you can sell on the platform.
- Dresses
- Tops
- Activewear
- Outerwear
- Bottoms
- Suiting
- Maternity
- Jeans
- Swim
- Bags
- Shoes and accessories
Others include:
- Wedding dresses
- Bridal jewellery & accessories
- Bridal veils
- Bridesmaids dresses
- Wedding decorations
- Mother of the bride dresses
- Grooms & Groomsmen
- Wedding gifts
- Wedding shoes
- Invitations & paper
- And wedding miscellaneous
Fashion items that are not sold on Tradesy include:
- Menswear
- Children’s Clothing
- Intimates
- Swimwear
- Any item not covered by the Return Policy.
How Does Tradesy Work?
Tradesy is an app and a website that allows users to sell secondhand ladies’ high-end fashion and luxury items, such as clothes and shoes, at reasonable prices. Some common items you can sell include designer goods like bags, shoes, clothes, accessories, and anything ceremony-related as long as they are fashionable and authentic.
To get started, you’ll need to download the Tradesy mobile app on Android or iOS devices and sign up. Otherwise, you can simply register via their official website – whichever method is convenient for you. After successfully creating an account, you can begin buying and selling on Tradesy.
Selling on Tradesy is quite easy; all you have to do is list the item on their website. And when an interested buyer agrees on the price, you’ll need to ship it to the buyer. Know that some customers may reach out with questions about your products, so you must be alert and ready to respond quickly.
Next is shipping the sold item. Tradesy provides three different methods of shipping, which include using a shipping kit, using a prepaid FedEx shipping label, or, if the location is close to your area, you can ship it yourself.
Once the whole process is complete, Tradesy will top up your earnings. Then, you can convert your earnings to site credit and use them to purchase items on Tradesy during your next shopping spree. You can also go with the option of transferring them to your debit card, PayPal, or bank account.
How Much Can You Make On Tradesy?
You can make money on Tradesy by selling items like clothing, shoes, bags, and accessories from top designer brands. In addition, you can earn by selling special wedding attire such as gowns, tuxedos, and more!
Like most resale services, the amount of money you earn on Tradesy depends on the effort you put into it. However, the commission is one feature that factors into your earnings commission. Tradesy has a flat commission rate of about $7.50 for sales under $50.
And for any sales that are over the price, they issue a commission fee of 19.8%. You can withdraw your earnings using a debit card, ACH transfer, or PayPal. You can also use your earnings to shop for items on Tradesy that you’d love to have or are interested in adding to your inventory.
Tradesy Review: Key Features
Here are Tradesy’s key features:
Mobile App
Tradesy has a user-friendly mobile app that makes it one of the standout features of the Tradesy experience. In the app, Tradesy sellers must click the “sell” icon at the bottom to begin any sales process.
Once done, the Tradesy app will show you the listing process. Additionally, you’ll be asked to choose the category of the item you are listing to make it easier for potential buyers to access your listing.
Unlimited listings
Tradesy allows you to list as many items for sale on the site without any additional fees. However, the only requirement is that you must take clear pictures of the items you intend to sell and provide a detailed description of each item.
Tradesy Sales
The Tradesy sales are yet another impressive feature you can utilize in the company. This feature will help you find the best time to place your item on sale on the site. You’ll know this by seeing the marked-down percentage according to the details you provided. In addition, this feature can help boost your sales as it’ll enable millions to see your items.
Free shipping kit
Sellers on Tradesy can enjoy a prepaid and pre-addressed shipping kit for packaging the item and then delivering it to a preferred drop-off location. In addition, the company handles all the processes involved in shipping on your behalf for free!
Tradesy Returns Policy
Buyers have a maximum of four days after delivery to request a return. That is, if the purchased item does not meet the criteria, buyers can receive store credit. However, this doesn’t apply to wedding items. So if the wedding dress doesn’t fit, for example, the buyer is out of luck.
The only time you can get a full refund on any item or get compensation for a wedding item is if the seller misrepresented or misinformed you in the advertisement. Since negative online Tradesy reviewers are typically upset over misrepresented sales, this feature is very important.
Tradesy Review: Tradesy Fees
Commission Fee
Tradesy has standard fees that occur each item an item is sold. The platform charges $7.50 for every sold item that is less than $50. And if you sell more, then the fee increases to 19.8%.
Transfer Fees
Salers on Tradesy are required to pay a transfer fee of about 2.9% of the total amount when they receive their earnings. The transfer fee is for the payment processing fees Tradesy pays on your behalf when you sell an item. However, you can avoid paying the transfer fee on Tradesy by spending it on Tradesy.
Shipping Fees
Like most e-commerce sites, Tradesy has a shipping fee. However, the fee is added to the sale price of every listed item. So in total, the selling price made by the seller, plus the shipping fee, would be the total amount paid by the buyer. Tradesy retains the shipping fee to supplement the cost of providing prepaid shipping kits to sellers and insured Tradesy packaging.
Tradesy Review: Pros and Cons
Pros
- An easy-to-use and user-friendly mobile app and online platform.
- Simple methods of shipping and return shipping
- Enables you to set prices for items based on your preference.
Cons
- 19.8% commission is higher compared to competitors, and it increases quite too often.
- The time money gets to your account is too long, and the safe transfer fee is too much.
- Buyers are allowed to return the items.
Tradesy Vs eBay
eBay is one of the founders of resale marketplaces; it was launched in 1995. And as of 2023, eBay has over 135 million active users on its site and over 600 thousand monthly downloads of its mobile app on Google Play and Apple App Store. This figure means eBay is much larger than Tradesy in terms of the overall market and audience size.
Additionally, eBay has achieved more global standards than Poshmark, letting sellers sell both domestically and internationally. Another difference between eBay and Tradesy is the eBay auction feature that lets sellers set time limits on sales and favours the highest bidder– with this; you’re guaranteed to get the best price.
Like Tradesy, people buy and sell clothing and accessories on eBay. But other popular categories include:
- Collectables like Pokemon cards, coins, and antiques
- Cosmetics
- Home goods
- Office Supplies
- Electronics
- Pet products
- Video games
- Toys
The bottom line is eBay is a relatively more diverse and global market than Video Tradesy, but this has pros and cons if you want to sell clothing and accessories online. On the other hand, you can use some impressive features on Tradesy, like the free shipping kit that eBay doesn’t offer.
Tradesy Vs Poshmark
On Poshmark, you are allowed to sell items like women’s, men’s, and children’s fashion, new personal care products and makeup, accessories, qualifying electronics, home goods, and select pet items. On the other hand, Tradesy is a marketplace “created by and for women.” The site is more like a women’s upscale luxury marketplace.
Furthermore, Poshmark is popularly known for trendy brands, women’s fashion, and higher-end clothing and accessories. It is available in the U.S., Australia, Canada, and India, but at the moment, users of Poshmark cannot buy or sell outside of their country. However, Poshmark reportedly has a large audience of over eighty million users.
While on the other hand, seven million women in the United States are approximated to be using Tradesy to buy and sell clothing, shoes, bags, accessories, vintage, and wedding items.
Overall, Tradesy is a higher-end luxury marketplace that features a chic and curated aesthetic. In addition, there are thousands of designers and brands available on Tradesy. While you may find many inexpensive brands there, the steep selling fees make Tradesy a great place to sell designer and luxury inventory.
On the other hand, Poshmark has a lot of tools to enhance your sales exposure and reach. In contrast, Tradesy does not offer as many tools for sellers. Moreover, Poshmark requires a little more high maintenance, while Tradesy is more like a list-it-and-leave-it platform.
Tradesy Overall Review
Tradesy allows you to buy and sell designer wear, ranging from shoes and jackets to wedding gowns and accessories. However, while it is probably a great place to buy items, the site’s high commission arrangement makes it a costly option for sellers.
Not only will you pay 15-20% of the sales proceeds to Tradesy, but you’ll also pay an additional 3% when you want to withdraw your earnings. That said, it offers some incredible services that you cannot get on Poshmark or eBay (which typically charges half as much in commissions), such as prepaid shipping.
However, the Tradesy is also known for holding seller’s money ‘hostage’ for an extended period, which has spurred copious complaints from many sellers. In addition, the high costs and slow pay has made customers question Tradesy’s professionalism.
Frequently Asked Questions Related To Tradesy
Is Tradesy the Same as Poshmark?
Poshmark is an online marketplace best known for men’s, women’s, and children’s fashion. On the other hand, Tradesy is majorly based on women’s clothing and accessories and is a bit more selective in terms of brands you can sell.
What Site is Better Than Tradesy?
Tradesy’s alternatives and competitors include eBay, Poshmark, Rebag, and Depop. However, while Tradesy deals majorly in women’s wear, the others sell varieties of items.
Is Tradesy Cheaper To Sell Than Ebay?
If you plan to sell more expensive items, then eBay may be a cheaper platform as it offers a lower standard sales fee. However, they are returns or refunds on Tradesy. That means you buyers can return the sold item if it doesn’t match their specifications.
Is Tradesy The Best Place To Sell Clothes?
Tradesy is a great marketplace for fashionistas selling high-end, luxury items for a reasonable price. This platform is especially suitable if you primarily have women’s clothes and accessories to sell and will have the time to conduct social calls to action on the site to gain sales.
According to Forbes, the resale is predicted to grow significantly. Up to 44 Million women have bought secondhand items in 2017. In 2017-2018, the increase in the main resellers is expected to grow by 49%.
The above statistics have triggered an increase in the number of online sales platforms for secondhand clothes. Amongst the numerous online platforms, eBay, Tradesy, and Poshmark take the lead.
And so, it becomes difficult to point out which platform is best for selling clothes. Here’s a Review on Tradesy.
Is Tradesy a Good Place to Sell?
Putting your item up for sale on Tradesy is quick and easy.
When you put up clothes for sale on Tradesy, the team improves your product photographs at no extra cost. This is to enable you to attract customers.
Tradesy also streamlines your shipping process. It offers free shipping for all products except wedding gifts.
This platform also ships your item to customers in a pre-paid shipping kit – this kit is provided for you in each sales transaction you make.
How Much Can I Make On Tradesy?
The amount of money you make from reselling items on Tradesy depends on the following:
- Number of Clothes
- Value of the Clothe
- The Effort and Time Invested in Selling
For sales under $50, Tradesy charges a fixed fee of $7.50. A 19.8% commission rate is used for any sales over $50.
What are the Advantages of Using Tradesy to Purchase Products?
Many online sales platforms have problems attracting customers to their sites. This is often due to the lack of incentives to offer customers.
Tradesy provides an accessible 24/7 customer support team. It also provides phone and email support.
When you purchase fake brand products from Tradesy, you’ll get reimbursed in full. Every item that is returned is examined by a group of skilled authentifiers.
Tradesy enables you to save. It offers a service that enables you to pay for products in installments.
New members on Tradesy receive a $25 discount on their first purchase above $199
Listing Fees on eBay, Poshmark, and Tradesy
On eBay, you are limited to 250 free listings. This means that you can only list 250 products per month. When it exceeds 250 products in a month, you’ll have to pay $0.35 for each product you list.
Poshmark allows you to post an unlimited number of products on its platform. It offers free unlimited listing.
Tradesy, just like Poshmark, offers free unlimited listing. It enables you to post as many items as you want for free.
