Macy Hubbard, a 19-year-old top seller on the second-hand shopping app Vinted, has shared her success story and tips for making money on the platform. Starting off as a dedicated shopper, Macy stumbled upon an opportunity to declutter her wardrobe and make some extra cash while preparing to move from Auchterarder to study at university in Edinburgh.
Discovering a treasure trove of clothes, including items with tags still attached that she never wore, Macy decided to try selling them on Vinted. To her surprise, she ended up making nearly £1,500 on the pre-loved platform and earning almost 250 five-star reviews. The money she earns from selling her items not only goes back into buying more clothes but also supports her social life at university.
Macy’s key tip for successful selling on Vinted is to be specific about the items you list on the app. She recommends including measurements of the clothing, such as the bust measurement of a top, the inside seam length of trousers, or the length of a skirt or dress. Macy notes that items with detailed measurements tend to sell better and faster on the platform.
Additionally, Macy emphasizes the importance of honesty when describing the products you are selling. Clear photos are essential to give potential buyers a good idea of what they are purchasing. If an item has any defects, it’s crucial to photograph them clearly and disclose them in the listing. Transparency is key to building trust with buyers on Vinted.
As more people turn to buying used items, there is a growing market for selling pre-loved goods on platforms like Vinted. According to research commissioned by review site Trustpilot, one in six people now say they buy used items. This trend presents an excellent opportunity for individuals to make extra cash by selling their unwanted items on Vinted.
Vinted has also provided insights into what items sell the quickest on the platform. Categories like shoes, swimwear, sportswear, and accessories such as gym bags and bracelets are among the fastest-selling items. For women, sweaters and jackets are popular choices, while men’s shorts are in high demand. Children’s sportswear and costumes are also quick sellers on Vinted.
One of the benefits of selling on Vinted is that sellers do not have to pay tax on their earnings from the platform. According to HMRC, selling personal items through platforms like Vinted is not taxable. As long as the money a member makes on Vinted is less than the amount they paid for the items they are selling, there is no tax to pay. Only business sellers “trading” for profit might need to pay tax.
Overall, Vinted offers a tax-free allowance of £1,000 for individuals who trade for profit. This allowance has been in place since 2017, providing a financial incentive for people looking to make extra income by selling items on the platform. With the popularity of second-hand shopping on the rise, Vinted offers a lucrative opportunity for sellers to declutter their closets and earn money in the process.