Turn old clothes into cash!
Need a good incentive to clean out your closets? Try this: Not only are people willing to pay top dollar for your dust-collecting duds (clothing resale is now a $16 billion industry and growing!), new apps and websites are making it easier than ever to tu
INTERACT WITH OTHERS ON POSHMARK!
Like Instagram or simply browsing through photos of fashions? Poshmark works just the same, except you’ll only be posting pics of your lovingly used clothing! When someone snaps one up, you simply print out a prepaid, pre-addressed label provided by Poshmark, package and mail. To get started, log on to Poshmark. com and start building your “Closet.” Poshmark seller Kiersten Lanae, who made $900 last year by selling her castoffs, recommends pricing used items at 40% of their retail value.
Success tip: Since Poshmark is also a social site, follow- ing and engaging with others will help you gain followers (read: buyers!) of your own.
MAKE IT EASY WITH THREDUP!
Too busy to post photos, write descriptions, figure out pricing? Don’t bother! Sign up with thredup (thredup.com), and they’ll send you a “Clean Out Kit” to pack and ship your stuff to them. Then thredup sorts through your items, determines which to accept and sets the price. As for those they don’t keep, you can opt to have them returned (for $10) or thredup will recycle them for you.
■ Success tip: Send items that are in season—they’ll fetch the highest prices. Set aside out-of-season but good-condition items to ship when the time is right!
SELL BRAND NAMES WITH TRADESY!
Not making use of that fancy Coach bag? Never wore those Nikes or Naturalizers? List ’em on Tradesy! Just take a few photos (Tradesy will enhance them to make your items shine), provide a description and name your price. Buyers pay for shipping, so all you have to do is print out the prepaid USPS Priority label and package yourself or use a free Tradesy shipping kit. Simply visit tradesy.com to open a free account.
■ Success tip: Participate in Tradesy limited-time sales and promotions, which will put your items in the spotlight.