Millennial Money: Kick-start your own online used clothing gig

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The secondhand-clothing market is projected to more than triple by 2030, according to a 2021 study by resale platform Mercari and research firm GlobalData.

, gaining thousands of followers and making dozens of sales per week.

"Sales can be sporadic," said Andres Castillo of Los Angeles, who sells rare designer pieces through Depop, eBay and Instagram under the name Debonair Vintage. With rare or high-value items, it can take time to find a buyer who appreciates its value and is willing to shell out what you're asking for, so that you can profit.

"It takes a lot of time and dedication," said Castillo. Top-notch sellers have to learn to take eye-catching photos, understand shipping rates, negotiate over text messages, and research brands and trends to make the most of their inventory.When setting your prices, it's important to factor in overhead costs. Online resale platforms charge commission fees, plus additional fees for shipping through the platform or accepting payments through a processor like PayPal.

"It's like Instagram, but for selling," said Perez, who focuses on curating a consistent aesthetic and marketing her shop on social media platforms like TikTok.

 

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I don't smoke used cigarettes, drink from half-drank whisky bottles, sleep with used prostitutes, nor wear used clothes. Which one of those statements is NOT true?! 🤔

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