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الاثنين، 3 أبريل 2017

Time to Clean Out the Closet? Here’s Where to Consign Men’s Clothing

You ask, and we respond.

We recently received a message from a Penny Hoarder reader who knew about plenty of places to make a buck off gently used women’s threads, but wondered whether there were any good place to consign men’s clothes.

Why, yes, dear reader, there are. Here’s what we found:

Online Men’s Consignment Stores

No physical location, no problem.

1. Grailed

Named as a nod to the Holy Grail — i.e., something priceless but hard to find — Grailed bills itself as “a curated community” where “each piece is sourced directly from the closets of like-minded fashion-conscious individuals.”

If you’re a luxury wearer, the Grailed marketplace is the place for you.

But even if you’re not, you could sell your items in its other sections: Hype (for streetwear) or Basics (for well-known mass-market and vintage clothing). The curation team reserves the right to move your items to whichever section they fit best.

Grailed offers PayPal buyer and seller protection, as well as its own appeals process for any disputed PayPal claims. It also offers a unique spin on the eBay bid site model — in addition to setting an asking price and accepting offers from buyers, you also have the option to accept multiple offers at once and ship to whoever pays you first.

Grailed takes a 6% cut of any profits after PayPal fees — by far the lowest commission of any other company on this list. That said, you set the price for your items, which may mean they take longer to sell than they would on a site that sets the price for you.

2. The RealReal

As its name implies, The RealReal prides itself on authenticity. While all of the sites on this list forbid replicas and knockoffs of brand-name items, The RealReal takes it one step further by employing trained professionals — from gemologists to apparel experts — to ensure every item it offers is the real thing.

Your item must pass a rigorous multi-point inspection before the site will list it. (If it doesn’t pass, The ReaReal reserves “the right to confiscate the item and destroy it in compliance with all laws.”) If you’re not sure whether your item will pass the test (we’ve all been taken in by bargains), TheRealReal offers videos that walk you through how to tell a fake from the real deal.

If the site accepts and sells your item, you get up to 70% of the selling price. If your item sells for less than $120, however, your take falls to 55%, so you’ll likely want to list only the highest of your high-priced items here.

3. Menswear Market

Menswear Market touts itself as “going beyond the traditional consignment store model” by “offering a personalized service to each client who supplies a collection.” It takes some of the guesswork (and legwork) out of reselling your items by offering services like garment prep, photography, copywriting, packaging and inventory management.

Menswear Market may sell your pieces on its own website or through its selling accounts on eBay, Amazon and Etsy, which means your items can reach a wider customer base.

Menswear Market offers free item pickup in Minneapolis and St. Paul, Minnesota, or prepaid FedEx shipping for out-of-state sellers. You will receive 50% of the net sale price via a monthly check over your collection’s selling period, which can last up to 120 days.

4. Linda’s Stuff

Don’t let the name fool you; Linda’s Stuff isn’t just for women’s clothing and accessories. It also has a sizeable men’s section with everything from jeans to shoes (although blazers seem to be, far away, the crux of its menswear offerings).

Based on the belief that “high fashion and high quality do not have to accompany high price tags,” this company strives to sell your luxury items at a price that will net you the most money and interest the most buyers.

Listing managers set a sales price for your items based on their experience — most items start as a seven-day auction and later transition to a set price. Linda’s Stuff pays sellers monthly and takes a sliding commission based on how much you sell: 20% of sales over $5,000, 25% of sales between $1,000 and $4,999 and 38% of sales under $1,000.

The listing managers work to relist unsold items to find just the right buyer, and the site states, “Most of our clients will see 100% of their items sell within one year.”

5. Eliot

Not sure if your items are worth consigning? Simply take photographs of each one and submit them to Eliot’s stylists with its designer name, category and condition. They’ll tell you which items they can sell and for how much, and you decide which items you want to send to the site. Eliot offers free home pickup to sellers in the New York metropolitan area and free shipping for everyone else.

Every time one of your items sells, the site deposits your cut of the proceeds (up to 70%) into your Eliot account. You can transfer these funds to your bank account as you like.

Brick-and-Mortar Men’s Consignment Stores

Prefer an in-person experience?

6. Well Suited

From the same people who brought you women’s consignment site My Sister’s Closet and home furnishings consignment site My Sister’s Attic, Well Suited has retail stores in Arizona and California, and also allows shoppers to browse items online and place orders by phone.

You can stop by a store with items you’d like to sell or follow these instructions to ship them to the company.

To qualify for resale, your items should meet the “three C’s” My Sister’s Closet originally set forth:

  1. Cute (or, one could argue, “handsome” in this case): brand-name designer items, whether classic or trendy, that retail for at least $50
  2. Clean: in like-new, ready-to-wear condition
  3. Current: stylish and no more than 4-5 years old

You can receive 45% of the item’s sale price in cash or 55% in store credit.

7. Plato’s Closet

Plato’s closet focuses on teen and young adult clothing and accessories — for guys, this means clothing in the 28-40 waist size range in “current styles that are still in the mall.”

Check here to see if there are any locations in your area. If there are, you can stop by with your items and your ID, and a sales associate will review your stuff while you browse the store’s racks. (Plato’s Closet doesn’t have a ship-to-sell option.)

Unlike other consignment stores that pay you when your items sell and take a cut as commission, Plato’s Closet buys your items outright and stocks them for resale — so once you receive and accept its quote, you walk out with either cold, hard cash or store credit.

According to consumer reviews, you may only get $2-$5 per accepted item, unless you have high-demand items. But if you’re looking for a quick, easy way to unload your unwanted stuff and get a few bucks, Plato’s Closet is worth checking out. Choosing store credit could get you a little bit more, too.

8. Buffalo Exchange

Like Plato’s Closet, Buffalo Exchange buys acceptable items upfront and pays you in cash or store credit. Like other companies on this list, you can either drop your items off at one of its physical locations or send them by prepaid UPS shipping.

Buffalo Exchange lists what each location is looking for here, but as a rule, it focuses on “current trends, denim, designer, everyday basics, leather, vintage and one-of-a-kind items.” You can call ahead to find out what your local store is looking for if you’re selling in person or go here to see its biggest sell-by-mail needs.

Accepted items typically net you 50% of the selling price in store credit or 30% in cash .

Your Turn: Have you found any other places to sell men’s clothing and accessories? Share them with us in the comments!

Kelly Gurnett is a freelance blogger, writer and editor who runs the blog Cordelia Calls It Quits, where she documents her attempts to rid her life of the things that don’t matter and focus more on the things that do. Follow her on Twitter @CordeliaCallsIt.

The post Time to Clean Out the Closet? Here’s Where to Consign Men’s Clothing appeared first on The Penny Hoarder.



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