thredUP is an online marketplace for buying and selling secondhand clothing and accessories. They offer a platform where individuals can send their gently used items to thredUP, which then evaluates, photographs, and lists the products for sale on their website. Customers can browse through a wide selection of pre-owned items from various brands at discounted prices. thredUP also offers a convenient Clean Out Kit service, where customers can order a bag to fill with unwanted clothing and send it back to thredUP for processing. The company aims to promote sustainability by extending the lifespan of clothing and reducing waste in the fashion industry. Below is the list of lookalike companies of thredUP:
Sellers can send in a regular kit for a standard $14.99 processing fee or opt in to expedited processing and receive 2 week processing for $25.98.Aug 1, 2023
Is there a competitor to thredUP?
See how thredUP compares to similar products. thredUP's top competitors include Poshmark, Treet, and Reflaunt. Poshmark (NASDAQ: POSH) operates a social e-commerce marketplace. The company offers clothing and other accessories for men, women, kids, and home furnishing materials.…
What business model does thredUP use?
The business model of Thredup makes money primarily from selling secondhand women's and kids' apparel, shoes, and accessories on behalf of sellers. Thredup retains a percentage of the proceeds received as payment for the consignment service Consignment revenue).Jan 17, 2023
What is unique about thredUP?
thredUP provides end-to-end resale services for sellers, including pricing, merchandising, fulfillment payments, and customer service. This convenience enables a generation of new sellers to easily participate in resale, unlocking a massive supply of high-quality clothing for a new generation of buyers.
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