I made £300 in a week on Vinted & have a trick to boost sales when they drop – it means you can get rid of old stuff too
A RESELLING pro who has made £300 in a week on Vinted has shared her secret trick to boost poor sales.
Sam is an established side hustler, and regularly posts videos on social media about her best hacks for others to follow in her profitable footsteps.
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In a recent video on her TikTok page, Sam explained how she can turn around a quiet point on the selling app - and said it even helps get rid of older stuff you've listed too.
"Over the past kind of seven days, my Vinted sales had dropped a little bit, which surprised me because it was payday," she began.
"I don't know whether it's because the sun's shining and everybody's busy doing other things.
"But yeah, they just dropped.
"And I've got quite a few items that have got a lot of favourites and a lot of views, but just haven't sold."
Previously Sam would pay to "bump" the item with the most likes and the most favourites - meaning it gets it seen by more people and often leads to a sale.
But she decided to try something different in this lull.
"What I did this week was I went on to my items scroll down to things that have been on there a couple of weeks - maybe that I've already relisted them and they'd still not sold, but they'd got followers," she continued.
"And I reduced the price by a pound - just on that one item.
"And what that has done is sold that item and also a few more as well.
I've made thousands on Vinted but now I've switched platforms to make £100 in an hour - it's so easy too
"Because it pushes your algorithm out there and when you reduce the item, the people that have favourited it get a message to say that the item has been reduced.
"Which then means they might be they might be interested in buying it, but it also gets them looking at what else you've got for sale."
Sam added that while you have to pay around £1 to bump an item - and therefore get slightly less through the sale - she thinks it's worth it because it brings buyers' attention to your other listings.
Do you need to pay tax on items sold on Vinted?
QUICK facts on tax from the team at Vinted...
The only time that an item might be taxable is if it sells for more than £6,000 and there is profit (sells for more than you paid for it). Even then, you can use your capital gains tax-free allowance of £3,000 to offset it.
Generally, only business sellers trading for profit (buying goods with the purpose of selling for more than they paid for them) might need to pay tax. Business sellers who trade for profit can use a tax-free allowance of £1,000, which has been in place since 2017.
More information here: vinted.co.uk/no-changes-to-taxes
"If it's been sat there stagnant for a few weeks I'd rather just get it sold, get it out of the door, and get that money back in my bank account," she explained.
"So if your sales have dropped it might be just worth giving it a go on one or two of your items and see if it works for you."
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