On January 12th, 2016 I received an e-mail from Threadflip informing me that they were shutting down effective immediately… you can read the letter here. I had just started using Threadflips full service and was having some success so this is disappointing.
I recently cleaned out my closet in an attempt to make some cash on Poshmark & Threadflip. These app consignment stores let you post items, set a price range and share with your community. I have sold one clutch and a pair of boots on Poshmark, but nothing on Threadflip.
Poshmark – The overall design, color and user interface leaves something to be desired.. The upload process is a little clunky but requires less info then Threadflip. Poshmark host “Posh Parties” where users share items for themed events like “Saturday Date Night Style”. This is a little confusing… you are alerted when the parties starts and only then can you share your items to the party. Not before the party or after the party, which last 2 hours. The parties go live on so you can shop that collection but adding to the party is only available for a 2 hour window.
Threadflip – The over all design has a much more polished and thought out experience than Poshmark. Threadflip has a feature like parties called “Trunk Shows”. There are only a few a week compared to Postmark’s onslaught of parties. Threadflip is defiantly higher-end with most parties being for designers only, Tory Burch, Kate Spade, J.Crew and Prada.
Both companies take a 20% cut of your sale. Poshmark shows what you will make when pricing items, which is a great feature. Poshmark & Threadflip also make available pre-made USPS shipping labels, to use with the free USPS flat rate boxes. On both the buyer pays the shipping fee.
Downside thus far, it takes time! Sharing someone else’s items is a way to get exposure, and gain followers. If you share something of their’s, it is likely they will return the favor. So it’s a daily upkeep. Some people want to trade or bundle and some users will offer $20 for an item priced at $60…
It’s been an interesting process so far but good! I hope to make some $$$ for all my upcoming trips this year. Do you have an app/site you love? I would love to test out a few others!
Shop my Poshmark Closet!