Poshmark vs Thredup: Which is Better? (2023)
Do you have clothes that are too nice to donate but aren’t sure what to do with them? Poshmark and ThredUp are two of the best online thrift stores for buying and selling used clothing. They’re both great options, but it can be hard to decide which one is right for you. That’s why we’ve put together this blog post comparing the Poshmark vs ThredUp so you can make an informed decision about where to sell your gently-used items.
We know how tough it can be to figure out what site will give you the best selling price on your stuff. We want to help by providing a detailed comparison of each marketplace in terms of design, usability, different shippings, payment methods, and more. We also include some tips on how to get the most extra money when selling your clothes online with either service. So read on if you want our opinion on the Poshmark vs ThredUp debate, and which is better suited for your needs as a seller or buyer!
What is Poshmark?
Poshmark is one of several online marketplaces that connects you to your local community of people who want to buy and sell clothing. You can browse listings in your area or post items for sale with just a few taps of your phone.
Sellers take their own photos, list their items, like clothes, wallets, purses, and shoes. Then they share them with their Poshmark network of active buyers, and sell and ship with a pre-paid label.
Buyers can find personalized recommendations from stylists and, when purchased, will receive clothing in two days through priority mail shipping.
Poshmark’s focus is on recycling clothing items and sustainability. They want consumers to think about buying secondhand items first to stretch their budget and help the environment. You can sell your clothes for cash or credit, but Poshmark also accepts trade offers (swap your jeans for a new dress, etc.), so the possibilities are endless.
Poshmark takes a 20% commission on each item sold (over $15). If the sale is under $15, they take a flat $2.95 commission. They also have a “shelving fee,” which is a flat rate of $5 per month if you choose to sell your clothes this way instead of shipping them out with a pre-paid shipping label. On the plus side, there are no listing fees!
Poshmark Pros & Cons
The Poshmark app is easy to use and free to download on your phone, so you can shop whenever inspiration strikes. The social media aspect makes it fun as well since you can interact with other members who share your style interests.
One of the most significant benefits of Poshmark is that you can earn extra cash by selling your clothes with their consignment service. You can choose whether or not to ship items out with a pre-paid label, but they guarantee you’ll make at least $2 per each sold item, which includes what the item sells for plus 20% commission on the sale.
Another advantage of Poshmark is that they offer free shipping for sellers, making it easier to make more on your sales. There’s also no need to wait around since purchases are shipped out within two days after receiving payment!
However, you can only use Paypal to get paid, which means you’ll need to wait 6-8 days for the transaction to be completed.
What is ThredUp?
ThredUp is one of the world’s largest online resale platforms for women’s and kid’s apparel. They work with over 1,400 popular brands and offer more than 2.5 million items for sale at any given time.
New sellers send in gently-used clothing (in good condition with no stains, odors, or missing buttons), including handbags, shoes, and accessories in a clean out bag (or clean out kit). ThredUp sorts through them to find the best high quality pieces, then they list them online for sale at a discounted sale price – about 50% off retail.
When shopping on Thredup, you’ll get piece-by-piece pricing, and they even offer a “wildcard guarantee” where if by some chance they can’t find what you sent in (after trying five times!), they’ll send you $25 in ThredUp credit.
Once an item has sold, it’s shipped directly to the buyer and backed by a 14-day return policy with a full refund. Sellers receive their payment via Paypal or Stripe within 48 hours of items being shipped out and determined as sold.
Sellers pay a $9 monthly fee to list up to 100 items, and shipping is completely free! During their first month on the site, they’ll waive the $9 fee to let you test out the waters, especially important for new or casual sellers.
All clothing that arrives at ThredUp must be in good condition, and then they’re graded by quality: excellent, good, or fair. This way, buyers know what type of condition the item is in before they purchase it.
ThredUp Pros & Cons
One of the most significant benefits of ThredUp is that there are no listing fees to get started, and shipping is free for both buyers and sellers. They offer a 14-day return policy with a money-back guarantee, too. It’s easy to pack all your unneeded clothing up in a clean-out kit to get started quickly.
If ThredUp chooses not to accept any of your items, you have the option to have them returned or to donate them.
Another perk is all of their clothing is sorted for you, so it’s easier to shop. ThredUp even provides the style, brand, size, and condition of each item.
People are always looking for high-quality items at a good deal, making ThredUp stand out from the rest! However, you can’t negotiate prices with sellers like on Poshmark. The exact price you see listed is what you’ll be paying.
On the plus side, you’ll earn points on every purchase, which can then be redeemed as a discount on future purchases!
What’s the difference between ThredUp and Poshmark?
Poshmark and Thredup are both online resale websites that allow you to buy and sell your clothing. The most significant difference between the two is that Poshmark gives you instant access to new inventory within curated sellers, while ThredUp offers a wider selection of items for sale.
Another perk on Poshmark is the app which makes it easier to shop on the go. On the other hand, ThredUp does not have an app for mobile devices yet, but they are currently working on it!
Both websites offer their consignment services, but Poshmark allows you more control over how much each of your items sell for, unlike ThredUp, where they dictate how much each item goes for. Also, ThredUp takes a larger commission cut from items that sell: 50% compared to Poshmark’s 25% small commission.
Overall, ThredUp and Poshmark offer different strengths, which makes them both worth checking out. Now it’s time for you to decide which one is best for you!
The Verdict: Poshmark vs ThredUp
So, is Poshmark the best place to sell used clothes? If you want more control over your selling, the answer is yes.
Both sites have their benefits and drawbacks, but I’d say if someone were to invest in one, it would be Poshmark. You’ll get instant access to new inventory, you can negotiate prices with sellers, use their payout estimator, and the app makes shopping on the go easier.
However, if you’re looking for a curated selection of items for sale, then ThredUp is the place to go. Their website has an easy-to-navigate layout, they have no monthly fees for listing items, and you can earn points on every purchase, which can be redeemed as a discount off future purchases!
Here’s a chart comparing the benefits of each online store:
|Commission/Fees on Sales||All sales under $15, flat fee of $2.95. Sales over $15, the Poshmark fee is 20%.||Varies, based on the listing price of the item. Sellers earn 5% to 80% of the sale, depending upon the price. Higher priced items earn you a larger percentage.|
|Shipping Costs||Flat rate of $7.45 for expedited shipping on all orders. Shipping fee is paid by buyer.||Buyers pay shipping, which is a flat rate of $5.99.|
|Price Negotiation||Buyers can make an offer of a different price. Sellers can accept, decline, or counteroffer. Users can also trade items, rather than make purchases.||Sellers can change listing prices once items are listed. However, buyers cannot negotiate pricing.|
|App Available||Yes, for iPhone, iPad and Android||No|
|Points/Bonuses||No||ThredUp Rewards Program allows you to earn points on every purchase, to be used on future purchases.|
|Discount on First Purchase||No||Get up to 60% off your first order|
|Payments Accepted||Credit, Debit, Affirm, Apple Pay, Google Pay, Paypal, Venmo||Credit, Debit, Affirm, Paypal, Amazon Pay, Affirm|
|Sellers Payout Methods||Earnings are received once items have been delivered to buyer. Payment is direct deposit to your bank account or a check in the mail. Or, use your earnings to shop at Poshmark.||Use your earnings to make purchases on ThredUp, or cash out via PayPal or Stripe.|
|Social Media Aspect||Yes||No|
|Refund Policy||All sales are final. However, a buyer may open a case if they don’t receive their item or what they receive is not described the same in the listing.||Returns are allowed but must be postmarked with 14 days of delivery. Returns are subject to a $1.99 restocking fee. Final sale items are not returnable.|
|Virtual Shopping Parties||Yes||No|
Tips for Sellers on How to Get the Most Money when Selling Your Clothes Online
Now that you’ve decided whether to sell on Poshmark vs ThredUp, let’s talk about how to get the most money when selling your clothes online with either business model.
- Make sure clothes are clean and spotless.
One of the best ways to guarantee you’ll get as much money as possible for your clothes is to take good care of them before sending them in. Deep clean and lint roll as much as possible–it’s always nice to be as smooth as can be! Also, try not to wear accessories like belts or scarves that could leave marks on the clothes. Avoid them as much as possible to keep your items looking clean and new!
- Write a detailed description of each item.
It’s helpful to have a description for each item you sell, so be sure to include any flaws or blemishes that might need explaining. This way, buyers know exactly what they’re getting into before purchasing your clothes!
- Accept various forms of payment.
Make sure you accept all forms of payment, too! This way, your buyer can pay with an option that is most convenient for them.
Accept PayPal to make it easier on buyers who don’t want to share their credit card information online. Plus, they offer eChecks which are like digital checks that you can cash immediately after they clear in your account. Keep in mind that you can’t cash an eCheck if you don’t have a PayPal account.
Another option is to accept money through bank account transfer which offers buyers another convenient option for payment. You might also consider taking credit cards if it’s essential to get paid immediately because this form of payment has the fastest selling process time.
- Pay for shipping.
Paying for postage through the post office yourself is an excellent way to ensure you’ll get the highest price, but it’s also a nice gesture for your buyers. It reduces their cost and makes them feel like they’re getting good deals!
- Use some marketing tips to help sell your items.
One important thing to remember is that not everyone is going to want everything you have. The key to getting the most money for your clothes is figuring out what people want. Is it a luxury brand? A color? An item that is hard to find in their size?
Take some time and really think about the type of person who would buy it from you. Are they looking for designer items or just something they can mix into their wardrobe? Do they have a certain type of color or print that they love?
You’ll be able to attract more buyers by marketing your item with what it is and not just how much you’re selling it for. For example, if it’s a dress for casual wear, then mention that in the title! Then express interest in being contacted if they have a similar item for sale or want to buy a certain number of items from you.
Other options to sell used clothing
Other online consignment stores to consider when selling or buying used clothing are:
- The RealReal
- Facebook Marketplace with porch pick ups
- Buffalo Exchange
- Yoogi’s Closet
- Local consignment shop or local thrift
In the debate of Poshmark vs ThredUp, each have their own unique features. Poshmark is a place to buy and sell new garments at discounted prices; with lower commissions and more control over how much to charge for clothing, it has a leg up on ThredUp. However, each seller’s (or buyer’s) situation is unique, and it’s ultimately up to you to decide which makes the most sense.
Don’t forget to check out Mercari – not only can you sell clothes there, but collectibles like Disney VHS tapes as well!
What’s your favorite place to sell or shop for new or gently-used clothes? Do you have a favorite in ThredUp vs Poshmark? Leave a comment below!
A forty-ish web designer/developer by day, a budget & financial fanatic by night. I’m a mom, wife, avid reader, and DIY enthusiast who’s tracking our journey to debt freedom. Read More