I have never had a truly clean and organized closet until I started my fashion capsule project. Had I known that I could have been making considerable cash this whole time, I might have taken the endeavor a bit more seriously. Today I want to share with you some resources I have discovered for making money while cleaning out your closet. Not only do you have the power to make some serious cash, but you also have the opportunity to transform lives by paying it forward to charities in need.
First things first, let’s talk about my purse clean out that netted me $80!
Start With Your Purses- I Made a Ton
I have a terrible habit of switching my purses and never taking time to clean them out. Not only did I find a lot of great lipsticks to wear, but I also discovered that I had a lot of credit card gift cards with small denominator amounts on them that I didn’t know what to do with. Do you know that you can transfer all of these tiny gift card amounts to an Amazon gift card with no minimum balance? I headed over to this page where you can quickly reload your balance with NO MINIMUM amount. After kicking myself for all of the cards that had been sitting there expiring, I was happy to see that I now had $80 of credit that I can use towards my shopping.
Sell The Things You Aren’t Wearing
It has been brought to my attention since minimizing my wardrobe how little I really do need and how little I really do wear. If your items are brand name and in gently used condition consider selling them to make some extra cash or to put towards wardrobe items you really would love and wear.
Here are a few resources you can check. I know there are more, but these are the ones that I am most familiar with:
Twice- This has been my #1 resource for pulling together my capsule wardrobe, but it is also my #1 resource for selling my gently used items. Twice will send you a selling kit within 4-6 days of your request that includes a bag and prepaid postage sticker for your items. If you are really excited to just get started though, you can grab a box from your recycling and fill it up with a label you print from your computer. Once you send in your first shipment they will give you $10 of credit towards a purchase so you can buy something you really love. Here is a list of the brands that they accept. Once they make an offer you can decide if you want to accept it or not. If you don’t like the price, you pay $4.95 for return shipping. In contrast, thredUP charges $12.00 to return your items.
Keep in mind that this is not a consignment shop so they pay you once the item is accepted. No need to wait for your items to sell.
Threadflip- Threadflip is a new discovery for me and I am so excited about using this for my next capsule wardrobe. Threadflip is more of an online consignment shop for your clothing so that means you get paid when your item has been sold and shipped. That being said, they charge a mere 20% commission on your items so that you can pocket 80% of the profit.
Much like Twice, they will send you an envelope with a prepaid shipping label for your items. Once you send it to them, they will list it for you by their team of professionals, saving you the hassle of trying to photograph and style your item. There is also the option to list the items yourself if you don’t want to send the items in. For me, the profit is the same so I would much rather have their team list it for me, but that one is totally up to you.
Poshmark- Poshmark & Threadflip are very similar in nature and the site is one of my new favorite places to browse for items for my capsule. It is an app available for iPad and iPhone that allows you to shop, sell, and engage with virtual closets full of pre-worn or new pieces on one simple platform.
You list the items yourself- some take their own pictures while others utilize the photos from the website of where they purchased the item. They also charge a 20% commision fee on your items allowing you to pocket 80% of your profit.
I will say from a user perspective, despite adding my sizing and storing it, I find the site a bit like going to a high-end garage sale. You have to really scan through all of the listings and even when sizing is set, it still pulls items that are not in my size or unrelated to my searches. Since users set their own pricing, you can find some steals though and I still love the thrill of a good hunt so I am sure thrifty shoppers will be ready to embrace your gently loved clothing.
thredUP- All of my friends have been raving about thredUP and after joining to try it for this article, I can see what the fuss is about. Not only can you clean out your closet to make money, but you can also make money on your kid’s stuff and maternity items too! As with some of the other places I have listed, you can order a bag with a prepaid shipping label to start your closet clean out. Their fashion resale professionals review your clothing and then pay up to 80% of the resale value. You can earn thredUP shopping credit, or simply cash out with PayPal. Items that they don’t accept go to charitable partners or textile recycling companies. They can also be mailed back to you as part of their Return Assurance program for a $12.99 shipping fee. Be sure to check their quality standards before sending. Here is $10 of credit to spend on your first purchase.
eBay- eBay has been around forever and is actually featured a lot in my It’s the 3 Little Things because I find some really killer deals on there as a buyer. Although I have never personally sold items on eBay, I have had many friends who have with great success. There is a seller fee that you can read more about the eBay seller fees here. The nice thing is that you can sell items individually or you can sell them as a lot grouping instead.
Give Away The Rest
If you don’t love it, you aren’t wearing it, and you can’t sell it…share it with someone in need. There are so many fantastic charities to give to and if the items aren’t the wildly popular name brands or you just don’t want to hassle with the sale, consider paying it forward and giving your items to a worthwhile cause.
Here are a few options to consider:
Pick Up Please- The Vietnam Veterans of America is a respected charity that gives aid to all of America’s veterans, not just those of a particular age group or war. By donating used clothes, shoes, appliances, and other household items, you help generate funds to take care of the soldiers and service men and women who help keep America safe from harm. See if your state participates by visiting here.
Churches- Growing up our church had a room where guests or members could shop. Check with your church to see if they offer this or if they are partnered with any shelters in town where they could recommend sharing your donation.