Closet getting too crowded?
The good news is you can turn your unused clothes to cold hard cash.
And we are going to show you the best places to sell your used or new designer clothes for cash on the internet.
But first, let me share a few interesting stats.
According to a study done by Alliance Data (the company behind store-branded credit cards from names like J.Crew and Victoria’s Secret,) the average American woman’s closet is worth $2,000.
Another study done by VoucherCloud reveals that the average woman has $550 of unworn clothing in her closet.
If your closet contains clothes you haven’t worn for at least the last 6 months (whether you’re a man or a woman,) you may want to consider selling some of it.
Thanks to the internet, it is now much easier than ever to get the most cash for your clothes.
It used to be that you had to find a local consignment store to sell your clothes to, or if you could wait, you’d set up a yard sale, which is not a bad choice, even today.
But selling on the internet is much easier, plus it provides more benefits.
You can reach a much bigger market.
You can, in many cases, get more money for the same piece.
Obviously, we’re not talking about your worn-out Walmart bought clothes. The market prefers designer labels and “gently used”.
But most people have something in their closets that they no longer wear, and that someone else would enjoy.
Where to sell clothes
Here are a few ways that you can use the Internet to help you replace your old clothes with cash.
This site started as a place to sell outgrown kids clothes, but it’s branched out now to include women’s clothing and accessories.
Still the main market is for kids clothing as they grow up, and more than 2 million users attest to the site’s usefulness.
Major brands that are featured on the site include J.Crew, Free People, and Anthropologie. They also have items from Moxie, Jacadi, and Merrell.
They do accept some less expensive clothes, such as those from Old Navy.
Typically, you’ll see clothes advertised at about 70% of the original price. If items don’t sell, they can be donated to charity.
You can use their Payout Estimator to get an idea of how much cash you can expect for your clothes.
The website name says it all.
This website typically lists the higher-end goods and appeals to professional women who don’t have the budget but need to keep freshening their look.
Look for labels such as Tory Burch, Chanel, Coach, and Christian Louboutin.
The typical price is in the range of $250 – $370.
To ensure it maintains its high-class image, SnobSwap fastidiously authenticates every item that it sells. This ensures that buyers can trust what they’re buying, and helps to keep the prices high.
This site is similar to SnobSwap, appealing to the higher-end consumer with brand names like Louis Vuitton, Cartier, and Gucci.
Its name comes from the fact that it, too, will validate every item it offers to make sure it’s authentic, before listing it.
TheRealReal claims to have 4 million member sellers and estimates that they each average about $8500 per year in sales.
Items can go for anything from $150 up to $20,000.
In a change from most of the sites listed here, which sell women’s and children’s clothing, Grailed is set up specifically and exclusively for men to sell their clothing.
The buyers demographic includes men in their 20s looking for casual wear, and with a reasonable disposable income.
The sorts of clothes that are offered include T-shirts, hoodies, and sneakers. Still, you can expect to see designer labels such as Alexander Wang, Helmut Lang, and Allen Edmonds.
Their goods will fetch an average price of $140.
Poshmark is an app that seems to have been modeled on eBay combined with Instagram.
It boasts about 800,000 sellers and 1 million buyers.
But the feature of it is the social interaction, with buyers and sellers “following” each other, and commenting on and rating the goods.
Look on this site for brands such as Tory Burch and Michael Kors, though you can find higher price items such as Chanel and lower price such as H&M.
The concept of Tradesy is to make it easier for sellers.
Once again, it tends to deal in the upmarket brands such as Chanel, Louis Vuitton, and Yves St Laurent.
Tradesy will help you by suggesting a selling price, which tends to be around 65% of retail, and will also handle the shipping and any returns within a 9% commission.
Another twist on the more common selling websites; Storenvy encourages you to set up your own store under its auspices.
The store is free to set up, and you can get your own domain for $4.99 per month.
You’re free to sell new or used goods in your store. Buyers may like or “envy” your products, and buy them.
Storenvy takes care of tracking all your sales, your visitors, search engine terms, and even referring affiliates, using your store’s dashboard.
This is another website with the emphasis on community while still encouraging the buying, selling or even swapping of clothing.
You start by creating your own “closet” which you can populate with photographs of the things you are intending to sell.
ReFashioner lets you know if the goods are accepted or rejected, and if they are accepted suggests an appropriate price.
Anytime you sell something, you have the option of leaving the money in your account rather than taking it as cash, which allows you to buy something else, effectively swapping your clothes.
An upmarket site, Vaunte lists the brands that it finds acceptable, and only accepts goods from those name brands. However, there are about 400 brands on the list.
When you upload your products, Vaunte will check them for acceptance, and approve them for sale.
It has a daily newsletter, and you may even find yourself the subject of a feature article if there’s something special about your closet.
The price of this exclusivity is a commission of 15%, and you won’t be paid until about a month after the buyer receives and approves the purchase, so you shouldn’t use this site if you want some quick cash.
Other places you can sell your clothes
The sites mentioned above are all specialty sites, a kind of online consignment stores, if you wish.
But you can also use social media sites and good old classified sites to get rid of some of your wardrobes.
Here are a few places you should definitely consider.
You may wonder why Instagram is listed here, as is not generally looked on as a place to sell clothes online.
But you have to realize that all the sites above have to charge a commission in order to operate – as much as 15%, as you can see, for Vaunte.com – and that means less money in your pocket.
So many people have taken to advertising clothes for sale on Instagram using the hashtag #shopmycloset.
In fact, there are more than 1 million posts under that hashtag.
All people do is post photos of their clothing for sale, and accept offers that are entered in the comments.
In a similar way, you can use Facebook to sell many different things.
You have to pay attention to the Facebook and group rules when posting your items for sale to groups.
It’s best to look for local groups so that you can eliminate the shipping costs and hassle by simply meeting the buyer.
Another site to sell unwanted items is Craigslist, and you can advertise in the local listings for your area. You can list items for sale for free, and post pictures.
Whenever you don’t know who you’re dealing with, you should be careful. Arrange to meet in a public place where the sale can take place in the open. There have been many examples of scammers using Craigslist to con people out of their money, so beware.
As you can see, there is no need for you to limit your market to local clothing consignment stores if you want to sort out your closet.
Depending what you want to sell, try one or more of the methods above to cash in on your clothes.