Published on January 14, 2014Leave a comment

Consignment Pricing for Premium Items – Earn UP!

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Updated as of October 20, 2014

We’re excited to announce a new update that allows you to earn even more money on items you send us! Beginning with bags received on and after October 20, 2014, any item we receive that sells for over $20 will be eligible for consignment payouts, allowing you to earn 50% (instead of the previous 40%). Now you earn more and also edit the price of your item! Win win!

The updated schedule is as follows, though there may be a few instances where some values are different (please check our calculator here for the most up-to-date acceptance criteria and pricing):

Our Initial Listing Price You Earn How
<$9.99 10% Upfront
$9.99 – $14.99 25% Upfront
$15.00 – $19.99 35% Upfront
$20.00 – $59.99 50% Consignment
$60.00 – $89.99 60% Consignment
$90.00 – $149.99 70% Consignment
$150.00 + 80% Consignment

As a seller, we will list your item for 84 days on consignment. You may choose to modify the listing price if you’d like (in the first 7 days) and if you are not satisfied with our attempts to sell the item (after 7 days), you may “reclaim” the item from our shop and just pay shipping & handling to have the item returned. When your item sells, the credit will become spendable and cashoutable after 14 days.  All of your earnings will be cashoutable via Paypal.

Some of the brands that are likely to be on consignment include:

  • J.Crew
  • BCBGMAXAZRIA
  • Alexander Wang
  • Alice + Olivia
  • Acne
  • Clare Vivier
  • Elizabeth and James
  • Helmut Lang
  • Rag and Bone
  • See by Chloe
  • Tory Burch
  • 1 Phillip Lim
  • Foley + Corinna
  • Marc by Marc Jacobs
  • MICHAEL Michael Kors
  • Vince
  • Theory

If you have any questions about our consignment policies, check out our Clean Out FAQs here, or please let us know in the comments or drop our support team an email at support@thredup.com.

 

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filed under:UPclose
tagged with:Fashion ResalePremium Brands