Vintage clothing is in. More and more people are buying it, therefore it’s easier than ever to make money from selling retro fashion. It’s official: second-hand is sexy!
Endorsement from fashion icons, such as supermodel Kate Moss and stylist Bay Garnett, has helped charity shop fashion take hold on the high street. That’s great news if you love fashion and would like to pick up some extra money finding vintage clothing.
Cash in on this sudden wave of thrift shop chic by rifling through the back of your wardrobe, trudging down to your local charity shop and looking out for hidden gems wherever you go. Then all you have to do is find the right buyer to make a tidy profit!
QueensofVintage and self-confessed vintage clothing addict, says:
“Definitely avoid very artificial fabrics as they are a nightmare to keep clean. Ideally look for items that are made of high quality fabrics such as wool or cotton. I wouldn’t be too worried if an item has a small hole, is missing a button or needs to be hemmed up, this can all be easily fixed. You can find tips on how to remodel ill-fitting vintage in a few quick steps on QueensofVintage.”
Don’t overspend
There aren’t any items of clothing in particular that make the most profit. It all depends on how much you paid for it, what the condition of the item is, what label it carries and how limited its availability is. It might take a little research to get a good idea of what certain pieces of clothing are worth.
If you’re just starting out, try not to pay more than £20-£30 for any one item. But, with a bit of knowledge and a dollop of good luck, finding a pair of £5 vintage shoes in a charity shop and selling them on for £40-£50 is definitely doable.
Swot up
Beginners should definitely grab themselves a vintage clothing guide such as Funmi Odulate’s ‘Shopping for Vintage’ . It’s the best way to brush up on some basic info. The more you know, the easier it’ll be to find the good stuff and therefore make more money.
Swishing.com and Eventbrite to find your nearest one.Hit the high street
After you’ve turned your house upside down and hassled all your friends, try looking a little further away from home. Most high streets have a charity shop or two. Those are ideal for finding forgotten garments handed down through generations. The trick is to inspect everything you find and then trust your instincts.
If you fall in love with an item at first glance – unless you’ve got a particularly quirky style – chances are someone else might too.
Although big names generally sell for more money, it’s much more difficult to find them for just a few quid. To begin with, stick to lower-priced items.
Vintage clothing stores are also a great place to find some original and quirky pieces. The only trouble is you’re a lot less likely to make any profit on items you find there. Why? The shop owners are generally experts in their field. They’ll know which items are more valuable and can therefore be taken to auction or sold for more.
Having said that, shops offering vintage clothing are often willing to haggle, so give it a go. It’s certainly worth having a look every now and again. You never know what might be hiding beneath a pile of polka dot dresses.
Lena says: “Charity shops are a great place for vintage bargains. The same goes for large vintage shops in non-trendy areas; stay away from Camden Market or Brick Lane, for example. There are also some fantastic online shops such as somelikeitvintage that have amazing bargain items.“
Right now, originality is the key to being stylish. Buying vintage clothing pretty much guarantees that you’re not going to turn up to a party wearing the same dress as someone else.
Popular celebs like Alexa Chung swear by vintage. This has given the market for second-hand clothing a serious boost and for you – a great way to earn some extra cash.
Find out how to make money collecting vintage shoes.
There’re literally thousands of collectors out there searching for certain items. If you stumble upon a true gem, selling won’t be a problem. Those into fashion are willing to pay big bucks for the much-coveted vintage designer shoe, for instance.
Memorable footwear also does very well in auction. The famous ruby-red slippers worn by Judy Garland in The Wizard of Oz made $666,000 (then around £412,000) when sold at auction in 2000.
Just remember that the chances of you stumbling upon a moneymaker like that are one in a million!
There’re a few different places you can sell your newly-purchased vintage clothing and footwear.
eBay
Of course, the first place you may think of is eBay. And yes, people often make a tidy sum from buying and selling there.
However, collectors and fashion addicts are getting wise to the scammers and time wasters populating eBay and often seek alternatives. It’s something worth thinking about. If you do choose to sell with eBay, there’s a few things to remember.
Put in a bit of extra time when you list an item and it’ll pay off. A good rule of thumb is to describe the things you’re selling as if there weren’t any photos available. Specify the type of fabric, explain the garment care instructions and always include the measurements as sizes vary depending on the era and country. For example, a vintage size 14 dress may be closer to a modern size 10. List the age, original retail price and place of initial purchase if you know it. Don’t forget to mention any damage such as stains, tears or missing buttons.
A picture really is worth a thousand words, so always include good quality, well-lit photos with your listing. On eBay, you can post up to 12 pictures – make each one count. If you own a mannequin, use it to display the item. Opt for a white background and ensure you show any damage.
When selling on eBay, you are allocated 20 free listings per month, so make sure you take advantage of this. You can list more items, but it will cost 35p for each additional listing. If your item sells, you’ll be charged 10% of the final transaction value, including postage.
Take a look at these 20 handy tips to make money on eBay today.
ASOS Marketplace
Popular fashion site ASOS has launched its own virtual ASOS Marketplace with great success. It’s a site dedicated to independent brands and designed with vintage clothing sellers in mind. Unlike eBay, selling on the ASOS marketplace means you must have a minimum of 20 styles at one time, items will have a fixed price and you can only sell if your application is accepted. Your product image, for instance, must be up to standard before you’re approved to sell, but the retailer offers a handy photography guide to help bring you up to speed.
Bear in mind that the process of applying for and opening a boutique can be tricky. Although the site represents over 800 boutiques from across the globe, only a very small percentage of those applying will be successful. If you get it right, though, it can pay dividends. A boutique costs £20 per month and, when you make a sale, you’ll pay 20% commission. Students will pay less – NUS Extra card holders get a 10% discount on seller fees.
What you sell is up to you, but there’re some rules. ASOS Marketplace is very serious about fakes and counterfeit goods; it’s against their policy (and the law) to sell those. You also won’t be able to sell fur and exotic animal skins.
ETSY
Etsy is another good place to flog your fashion finds – and particularly vintage clothing. The great thing about it is that it’s not limited to clothes only. You can also sell vintage prints and artwork.
Judging from the site, you might get the impression that this business is primarily in the United States, but don’t let that put you off. A third of sales comes from international buyers.
And the number of those is staggering. There’re 39.4 million active buyers on Etsy, and only 2.1 million sellers. That means there’re more than enough customers to go around.
Getting started as a seller on Etsy is easy – the first thing to do is register for a buyer account. Be careful when choosing your username as it’ll also pop up as your shop name. It’ll show up as .
Take a few minutes and read the marketplace’s Beginner’s Guide to ensure that you get off on the right foot.
Just like any other website where you sell vintage clothing, images are key. Having good quality photos is crucial to sell successfully on Etsy. You’re allowed five pics per item, which isn’t much, so make sure they’re truly showing off the item you’re trading. You can hone your snapping skills with the site’s useful guide to perfecting your product photography.
There’re no monthly fees and it costs just £0.16 to list an item for four months. When your item sells, you’ll pay a small commission and standard payment processing fee.
SOCIAL NETWORKS
Facebook selling groups are giving eBay a run for its money as the best place to earn cash by selling second-hand items. Why? It’s free. Most people use Facebook every day and it’s easy to post an item to sell between updating your status and checking out what your friends have been up to. You can find selling groups across the country with thousands of members keen to buy anything vintage. Simply search for “UK vintage selling groups”. Offering items for sale is just as simple – all you need do is post directly on your group’s page and upload a photograph.
It’s worth putting a clear deadline in your ad, along the lines of ‘will offer to the next person down if collection time not agreed within 24 hours’.
If you’ve done a really big clear-out and have lots to offload, list as many goods as possible in one batch. Pick a day when you’re online, so you can answer questions promptly and don’t lose sales. This way, you can also arrange one or two time slots for collections.
Remember, groups are public. Keep personal details off posts and only accept payments via PayPal.
It’s also worth looking at Instagram. Set up an account and find like-minded followers by searching hashtags such as #vintagesellingpage and #vintagesale. Since it’s a photo-centric social media app, it’s key you have stunning photos of your vintage clothing.
Remember to always hold the sale under a separate account from your personal one. Otherwise, you’ll be spamming your friends and family rather than reaching prospective buyers. Create an account and post all the photos of your items with their descriptions before you start the sale. That way you can focus on making deals rather than uploading pictures.
With this type of sale, you need to be organised. Keep a record – perhaps a spreadsheet – with the details of the sold price, any postage costs charged to the buyer and shipping information. Having all the information in one place means you can easily keep track of where to ship items and when payments come through.
Just before you start the sale, always post a list of “sale rules”. This will cut down the number of complaints or issues that pop up later. You should include information such as start/end time of the sale, how to make bids (bid amount with PayPal email is often easiest) and list any postage restrictions (UK only, for instance). It’s worth stipulating that payments must be received within 24 hours of receiving the PayPal money request. You should clarify that if the buyer fails to comply, they’ll lose their item and it’ll go to the next highest bid.
Specialist sites and auctions
If you’ve got your heart set on auctioning your goods off, try SpecialistAuctions. The site has a specific section dedicated to vintage wear.
You can also check out local auction houses to see if they have any vintage clothing auctions running in the near future. If they don’t, it probably isn’t worth your time.
A good way to reach thousands among your target market is by displaying your goods on a specialist website. Meanwhile, a real life auction without your specific audience will attract a couple of bidders at the most.
If you’ve picked up anything particularly classy on your travels, send an email to [email protected] (from the website CandySays) describing your items. Include some pictures if possible and she’ll let you know whether or not she wants it for her online store and for what price.
Of course, to get an idea of value for your items, you could haul them along to your local vintage store and just ask them for advice.
You never know, they might even offer you a nice wad of cash for what you’ve got.
Selling clothes for a living may sound cool and easy but to make a solid profit, you’ll need to invest some time into it. Making a full-time living by buying and selling vintage clothing and shoes isn’t something you should think about unless you’re an expert in the field.
If it’s a way to make some extra cash, you can definitely expect to earn a few quid by buying an item for a couple of pounds and selling it on for a double figure.
You could make big money by buying designer wear and big names as an investment. Labels like Chanel, Givenchy and Dior, for example, will only increase in value as time goes by – if items are in good condition. But you can go smaller buying less prestigious brands and make vintage clothing simply an additional source of income without the commitment of relying on it full time.
Ask your money-making questions
The Magpie community is full of savvy money savers and makers – and now’s your chance to ask your burning questions!
The new MoneyMagpie Messageboard brings together the Magpie community, MoneyMagpie team, and vetted experts to make sure your essential money-making questions get answered.
Take a look here and register to post a new thread or reply.
USEFUL LINKS
Sign Up – Newsletter
https://www.moneymagpie.com/make-money/make-money-from-vintage-clothing”>
#money #vintage #clothing