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Tradesy Reviews

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Overall Rating

5.0
6 Reviews
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About Tradesy

Tradesy is an online-only luxury consignment store where anyone can list items to sell. It is a peer-to-peer shopping platform for women's fashion, similar to Poshmark but focused on luxury. The platform allows users to sell pre-owned fashion products, including clothing, jewelry, wedding gowns, shoes, and accessories. Tradesy uses authentication software to comb through photos for signs of counterfeit items. The shopping experience on Tradesy is straightforward, and you don't need an account to browse. It's easy to find the designers you want and refine your search by things like size, condition, and color. Plus, shipping is free! When you find an item you like, you can message the sellers with questions and even negotiate a lower price with any seller who's open to the conversation. Each item purchased is authenticated by Tradesy. The platform also handles all returns and pays for shipping costs. They inspect the returned item and you can relist it if you want. Tradesy is designed for women interested in selling pre-owned designer fashion products or who are interested in buying similar products. The platform receives high ratings from users claiming it has helped them sell products worth thousands of dollars. The items must be from sought-out and reputable designers like Louis Vuitton and will go through an authentication process. As a seller, your available earnings can be transferred to Paypal, debit card, or checking account. You can also use earnings to buy something on Tradesy.

Tradesy Pros & Cons

Pros of Tradesy.com:

  • Curated Shopping Experience: Tradesy offers a curated shopping experience, focusing on luxury and designer fashion items.
  • Free Shipping: Shipping is free for all items.
  • Negotiable Prices: Users can negotiate prices on designer goods, which can lead to significant discounts.
  • Authentication Software: Tradesy uses authentication software to detect counterfeit items, ensuring buyers receive genuine products.
  • Easy Returns: Tradesy has an easy return system, which can be beneficial for both buyers and sellers.
  • Global Community: Tradesy connects buyers and sellers through a global community of fashion enthusiasts.
  • User-Friendly Interface: The platform is easy to use, and users can browse without needing an account.

Cons of Tradesy.com:

  • High Fees: Tradesy charges a commission fee of 19.8% for items priced over $50, and a flat rate of $7.50 for items priced $50 or less.
  • Consistency Issues: There can be a lack of consistency in product descriptions and photos, which may lead to buyer dissatisfaction.
  • Payment Processing Time: It can take several weeks for money to be deposited into a seller's account due to the buyer's four-day refund window and additional processing time.
  • Potential for Counterfeit Items: Although rare, there is a possibility of counterfeit items slipping through the authentication process.
  • Seller-Specific Issues: Some sellers may list items in poor condition or use misleading descriptions, which can be a problem for buyers.

Tradesy Coupon & Discount Codes

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Tradesy Customer Reviews (6)

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Sofia Costa
Sofia Costa
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Feb 11, 2023
Elton Rodriguez
Elton Rodriguez
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Feb 8, 2023
Ella Moore
Ella Moore
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Feb 7, 2023
Madeleine Shah
Madeleine Shah
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Feb 6, 2023
Kauan Cavalcanti
Kauan Cavalcanti
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Feb 5, 2023
Sepiyat Aslakhanov
Sepiyat Aslakhanov
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Feb 4, 2023

Tradesy Customer’s Q&A

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Tradesy Features and Benefits

Key Features and Benefits of Tradesy.com:

  1. Curated Selection:

    • Luxury Fashion Items: Tradesy focuses on high-end fashion and accessories, ensuring a curated selection of genuine luxury goods.
  2. Authentication Services:

    • Authenticity Guarantee: Tradesy offers authentication services to ensure the authenticity of designer items, giving buyers peace of mind.
  3. User-Friendly Interface:

    • Intuitive Design: The platform is designed to be easy to navigate, making it simple for users to browse, buy, and sell items.
  4. Secure Payment Processing:

    • Secure Transactions: Tradesy ensures secure payment processing, protecting both buyers and sellers.
  5. Buyer Protection Guarantee:

    • Peace of Mind: The platform provides a buyer protection guarantee, ensuring that transactions are safe and reliable.
  6. Easy Shipping and Returns:

    • Convenient Process: Tradesy offers a hassle-free shipping and returns process, making it convenient for both buyers and sellers.
  7. 24/7 Customer Support:

    • Responsive Service: The platform provides 24/7 customer support, ensuring assistance is always available for both buyers and sellers.
  8. High Average Order Value (AOV):

    • Higher Transaction Values: Tradesy has a higher AOV compared to some competitors, potentially resulting in higher individual transaction values.
  9. Sustainability Focus:

    • Circular Fashion: Tradesy promotes sustainability by extending the lifecycle of luxury goods, reducing waste, and minimizing environmental impact.
  10. Personalized Experience:

    • AI and Machine Learning: The platform is developing AI and machine learning technologies to create a personalized and curated experience for buyers.

Tradesy Pricing

Tradesy.com charges a commission fee based on the selling price of the item. Here are the details:

  • Items sold under $50: A flat fee of $7.50 is charged.
  • Items sold for $50 or more: A commission fee of 19.8% of the sale price is applied.
  • Transfer fee: An additional 2.9% of the total amount is deducted when transferring funds from the Tradesy account to a bank account, PayPal, or debit card. This fee is waived if the balance is used to make a purchase on Tradesy.

About tradesy.com Payment Method?

Tradesy.com was a platform for buying and selling fashion items. However, it ceased processing new orders in December 2022 and became part of Vestiaire Collective. If you had Tradesy Site Credit, it was transferred to Vestiaire Collective as a voucher for the equivalent dollar value. This voucher can be used on Vestiaire Collective’s website and mobile applications. Please note that the site credit could only be applied to the item’s purchase price and could not be used in conjunction with another promo code or voucher. Any authentication fees, import duties, taxes, and sales tax had to be paid at checkout using your preferred payment method. If you were a seller on Tradesy, you could withdraw your earnings using Paypal, a debit card, or an ACH transfer. However, it's important to note that Tradesy was known to be slow to pay, typically taking 21 days after the item was delivered.

Tradesy FAQs

FAQ

Tradesy Alternatives

Here are the top 10 alternatives to Tradesy:

  1. Poshmark: A social marketplace for buying and selling fashion, home decor, and beauty products.
  2. Rebag: An e-commerce platform selling designer handbags, watches, jewelry, shoes, accessories, and more.
  3. Depop: A fashion marketplace focused on circular fashion within the e-commerce industry.
  4. Vinted: An online marketplace focused on second-hand fashion and lifestyle items.
  5. ThredUp: An online platform for buying and selling high-quality secondhand fashion.
  6. Fashionphile: A platform for buying, selling, and consigning pre-owned luxury items.
  7. The RealReal: An online e-commerce platform offering a full range of luxury products.
  8. LePrix: A company dealing with pre-owned luxury items.
  9. Twice: An online clothing resale store.
  10. eBay: An online marketplace for buying and selling a wide range of products, including fashion items.

These platforms offer a variety of options for buying and selling fashion items, from high-end luxury goods to everyday wear. They each have their own unique features and benefits, so it's worth exploring each one to find the best fit for your needs.

FAQ

How does Tradesy compare to other consignment stores?

Tradesy is an online resale marketplace specializing in luxury and designer fashion items, including clothing, handbags, shoes, and accessories. Unlike some other platforms, Tradesy is not as social-oriented, focusing more on providing a curated shopping experience. Items on Tradesy come listed at up to 90% off retail, and unlike some other resale experiences, returns are accepted and handled by Tradesy, making the process a bit less stressful for shoppers and sellers alike. This contrasts with platforms like Poshmark, where sellers take their own photos and upload them to their "closet", set their own prices, and handle shipping themselves after their item sells. Other platforms like Swap accept a wider range of items including clothes, toys, games, movies, books, and more, and handle the entire selling process from photographing and pricing items to packing and storing them until they sell. However, some consigners have reported that it took months for Swap to go through their items. Overall, the best platform for you depends on what you're looking to buy or sell, and how much control you want over the process.

FAQ

Can I sell men's clothing on Tradesy?

Yes, you can sell men's clothing on Tradesy. Tradesy is a platform where you can buy and sell used clothing, including men's clothes. It focuses on designer clothing. When your item sells on Tradesy, you'll be charged a 19.8% commission on items sold for more than $50. There are no upfront selling fees.

FAQ

About tradesy.com Prices and Cost?

Tradesy is an online luxury consignment store where anyone can list items to sell. The platform allows you to negotiate prices on designer goods, which can lead to significant discounts on items like Louboutin heels and Prada bags. For example, a user was able to negotiate the price of a pair of Christian Louboutin shoes down to $346 from the original listing price of $420.

When it comes to selling on Tradesy, the platform charges a commission fee out of each sale. For items priced $50 or less, the fee is a flat rate of $7.50. For items priced more than $50, the commission fee is 19.8% of the sale price. This means that the amount you earn from selling on Tradesy will depend on the brand and condition of the item you are selling, whether it is a top-selling item, as well as the price you set for your items. The more you sell with Tradesy, the more that you will earn on the platform. For instance, a Gucci shoulder bag was listed for $898.80, Christian Louboutin pumps for $495, and Burberry vintage leggings for $465.

FAQ

What is the return policy of Tradesy?

The return policy of Tradesy allows for returns for US orders. The request for return must be submitted within 4 days of delivery and returned to Tradesy within 10 days of the return request. If the item does not fit or you do not like the item, you can receive store credit. However, this is not applicable to wedding items. Once you receive your items, you have four days to start a return or request verification. Upon submitting a request for verification, Tradesy will promptly email a FedEx shipping label.

FAQ

How do I sell on Tradesy?

To sell on Tradesy, you need to follow these steps:

  1. Create a Tradesy account: This can be done through Tradesy’s website or its app.

  2. List an Item for Sale: You can list an unlimited number of items, and there are not any listing fees! The listing process requires at least three images of your item and a written description. Other required fields include the brand or designer, condition, size, exact dimensions (for bags and heeled shoes), style, and color. Optional fields include retail cost, material, and style name.

  3. Describe the product: Be sure to use important key words. For example, include the word “wedge” in the description when selling wedge. If you know the name of the product, include that. That will help Tradesy match your listing to a buyer.

  4. Post the pictures: Post the pictures on the platform, and Tradesy enhances these pictures to look more appealing. Tradesy automatically cleans your images, applying a plain white background to your cover photographs for a clean and chic aesthetic. Start with a clean, clear image with a light background to optimize the result of the automatic photo enhancement.

  5. Pricing Your Items: Pricing your item for sale is a similar process to selling on other marketplaces. If you are unsure about a price, it is recommended that you check out comparable “comps” on Tradesy. To check comps, do a search on Tradesy, and review what similar items are selling for (and also what they have sold for). Tradesy offers a suggested selling price based upon the details you provide in your listing. You do not need to observe the suggested price, but it is intended as a tool.

Please note that Tradesy is known as an upscale luxury marketplace, with a chic and curated aesthetic. While many inexpensive brands are allowed, the steep selling fees make Tradesy an ideal place to sell higher-end inventory.

FAQ

Can you give me more examples of items sold on Tradesy?

Tradesy is a luxury resale platform where you can find a wide variety of items. Some of the top-selling items include Tory Burch shoes, J. Crew and Lululemon clothing, and Gucci and Burberry accessories. You can also find luxury staples like Chanel, Louis Vuitton, Dior, Gucci, Fendi, Louboutin, Hermés, Saint Laurent, Valentino, Givenchy, and Burberry. In addition to these, there are up-and-coming contemporary brands like Khaite, Ganni, Ulla Johnson, Telfar, and Zimmermann. Tradesy also offers rare, one-of-a-kind, and archival pieces. Individuals can earn money via the Tradesy platform by selling clothing, handbags, shoes, accessories from the top designer brands, and even wedding special attire, such as gowns, tuxedos, and more.

FAQ

About tradesy.com Popular Products and Services?

Tradesy is an online-only luxury consignment store where anyone can list items to sell. It's a peer-to-peer shopping platform for women's fashion, similar to Poshmark but for luxury. The platform allows users to upload their listing and sell, and Tradesy uses authentication software to comb through photos for signs of a counterfeit. Some of the popular products on Tradesy include clothing, jewelry, wedding gowns, shoes, and accessories. One of the unique features of Tradesy is that it allows users to negotiate prices on designer goods. For example, a user was able to score big discounts on Louboutin heels and a Prada bag. Sellers manage payments on their Tradesy accounts and all sales have a 9% commission that goes to Tradesy directly for its services. The balance that is left never expires and sellers can choose to use that balance as Tradesy credit within the store for no extra fee, or they can withdraw the money from the account with their PayPal, debit card, or bank account.

FAQ

How does Tradesy authenticate items?

Tradesy has a robust authentication process in place to protect both buyers and sellers. This process involves an in-house team of experts who scrutinize any suspicious item that makes it past their smart technology detection. If an item is determined to be a fake or if its authenticity could not be determined, the buyer will receive a full refund for the counterfeit item. On the other hand, if the authentication process verifies the item's authenticity, the buyer has the choice to receive Tradesy Site Credit equivalent to the selling price of the item, or to request for the item to be mailed back if they wish to have it. The platform, the sellers, and buyers all have their respective responsibilities in keeping fakes away from online marketplaces. Until such time Tradesy comes up with a super-smart system that can detect a hundred percent of the fakes at any given time, users of the site can help by reporting any suspicious-looking items they see listed.

FAQ

tradesy.com Return Policy?

Tradesy.com has a clear return policy. Once you receive your items, you have four days to start a return or request verification. After submitting a request for verification, Tradesy will promptly email a FedEx shipping label.

As for the shipping policy, Tradesy offers three shipping options: 1. Sellers to ship on their own: Sellers can choose to handle the shipping process themselves. 2. Sellers to ship using a prepaid label: Tradesy provides a prepaid label for shipping. Sellers have the flexibility of using the carrier's packaging or their own materials, and can choose to drop the shipment off at the branch or local post office, or to schedule a pick-up. 3. Sellers to ship using the Tradesy Shipping Kit: If this option is chosen, Tradesy will deliver its shipping kit to the seller 3-5 business days after the item gets sold. However, the delay of the kit's delivery will affect the days of delivery to your buyer.

Please note that all these options are available for all kinds of items except those under the Weddings category (gowns, accessories, etc.), which the sellers themselves must ship. Also, shipping is free on Tradesy.

FAQ

What is Tradesy?

Tradesy is an online peer-to-peer resale marketplace for buying and selling women's fashion. It connects women who want to sell high-end clothes to women who want to buy designer clothes for less. Anyone can post and sell their high-end fashion items on Tradesy. Since all the clothing and accessories are secondhand, the prices are more affordable for the average shopper. Tradesy also offers options for selling and buying wedding items. Sellers on Tradesy create a closet to start “hanging up” their clothes to sell. A buyer will ask for the item and the seller confirms that the item is still available. This is followed by the shipping process. All sales have a 9% commission that goes to Tradesy directly for its services. The balance that is left never expires. Sellers can then choose to use that balance as Tradesy credit within the store for no extra fee, or they can pull out the money from the account with their PayPal, debit card, or bank account.

FAQ

How do I contact Tradesy customer service?

You can contact Tradesy Customer Service through various methods. The fastest way to get your customer service issues resolved is to try any of the following contact options: Pricing Information, Support, General Help, and Press Information/New Coverage. If the links for these options do not work for you, you can go directly to the Homepage of Tradesy, Inc. You can also contact Tradesy Inc via email. For more detailed information, you may want to visit the Tradesy Website. Please note that this information might have changed, so it's always a good idea to check their official website for the most up-to-date contact information.

FAQ

What is the commission rate for Tradesy?

Tradesy has a commission fee structure based on the selling price of the item. For items sold that are less than $50, Tradesy charges a flat fee of $7.50. If the sold item is more than $50, the commission fee increases to 19.8% of the selling price. Additionally, there is a transfer fee of 2.9% of the total amount when you receive your earnings. However, this fee is waived if you decide to spend your balance on Tradesy. Please note that these rates may vary and it's always a good idea to check the latest on the Tradesy website.

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