Latest news with #reselling
The Sun
a day ago
- Business
- The Sun
I've raked in over £10k on Vinted – I started with my old clothes & now a little-known site helps me cash in
A CASH-SAVVY mum has revealed how she went from flogging items she was no longer using to raking in over £10,000 on Vinted. With the rising costs making our wallets feel tighter than ever, millions of individuals are on the lookout for easy ways to make some extra cash. 2 One such viral side hustle is Vinted - a platform similar to eBay and Facebook Marketplace where you can sell pre-loved clothing, technology and so much more. Since its launch in 2008 by two Lithuanians, the platform has grown massively - in the UK alone, it has an astronomical 16 million users – nearly one-quarter of the population, as reported by The Guardian. With the sellers enjoying the benefit of listing without commission and the buyer dealing with the service fee of the postage, it's easy to see why the tech start-up has become such a major hit all over the world and amongst Brits. But if you ever feel like you're not making any sales and the old rags are just taking up unnecessary space in your wardrobe, one seller, mum Isabella, may have the solution. Despite joining Vinted just seven months ago, in December 2024, the cash-savvy mum has made an eye-watering fortune of £10,470. According to Isabella, who posts under the username @ isabella.98x, she kicked off the side hustle by flogging stuff she ''no longer used''. However, the mother then ventured into selling items she had spotted elsewhere, such as at car boot sales and second-hand shops. More recently, she shared in a video, Isabella has started sourcing a range of products from a little-known site - Fleek. Whether you're on the hunt for jeans, polo shirts or even Lululemon gear, the wholesale marketplace offers a huge variety of true vintage clothing - which is a strong trend on Vinted. Some of the brands to look out for include Levi's, Burberry, Nike, The North Face, as well as the legendary and iconic Doc Martens - and more. I made £550 in 48 hours reselling clothes but NOT on Vinted - I found a platform where sellers get the full asking price - Spilling the beans on how she's managed to make a fortune, Isabella said in the comments that consistency was key. ''Just been very consistent with posting everyday and trying to source things to sell weekly.'' Following the huge success, the mum has also become ''a fully registered business who declares everything'' to comply with the new Vinted rules. Firms like Vinted now have to pass on customer data to HMRC if a user sells 30 or more items a year, or earns over £1,700. New Vinted rules to be aware of IF you fancy clearing out your wardrobe and getting rid of your old stuff on Vinted, you'll need to consider the new rules that recently came into play. If people are selling personal items for less than they paid new (which is generally the case for second-hand sales), there is no impact on tax. However, since January 1, digital platforms, including eBay, Airbnb, Etsy, Amazon and Vinted, must share seller information with HMRC as part of a crackdown. You're unlikely to be affected if you only sell a handful of second-hand items online each year - generally, only business sellers trading for profit might need to pay tax. A tax-free allowance of £1,000 has been in place since 2017 for business sellers trading for profit - the only time that an individual personal item might be taxable is if it sells for more than £6,000 and there is a profit from the sale. However, firms now have to pass on your data to HMRC if you sell 30 or more items a year or earn over £1,700. It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe. While your data won't be shared with HMRC if you earn between £1,000 and £1,700, you'll still need to pay tax as normal. The new rules were brought in from the start of 2024. Before that, some people making extra income still had to report their profits to HMRC. But now Vinted and other selling platforms and marketplaces like Depop and eBay share data directly with the taxman. It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe. ''I also resell on Amazon and eBay so already have a business set up for that so I just added this onto my business too,'' Isabella went on. '10k on Vinted is insane' Since being shared online, Isabella's epic success has left people open-mouthed, as the video racked up close to 250k views in just one day. More than 2,400 social media users gave the clip a like, as a further 162 flooded to comments. ''Go on then!!!'' a second chimed in. ''10k on Vinted is insane,'' another couldn't believe the astronomical sum.
Daily Mail
3 days ago
- Business
- Daily Mail
I'm a full-time Vinted reseller who has earned £18,000 from flogging cheap clothes online - here are my top tips on how to become successful on the platform
A secondhand online clothes seller who has made thousands of pounds on Vinted has revealed her top tips for sales success. Maisie, who is from Yorkshire, searches cat boot sales, charity shops and online pre-loved websites for cheaply-priced garments with a high resale value. Although it started off as a side hustle, Maisie made reselling her full time career last year after earning £18,000 from flogging clothes. Now, she has helped others by telling them how they too can make a wage from the app - and according to her, it's very simple. Maisie said: 'I absolutely love buying on Vinted to resell on Vinted. It's so easy and it just goes to show the difference that a good quality picture with good lighting and a good background can honestly make.' She says that you should always list similar clothes sizes at the same time on Vinted, as people may browse your page and find other items that they like, resulting in more sales. 'They're more likely to get their money's worth by buying a bundle from you so it will boost your sales and your profit at the same time,' Maisie added. 'You're only having to ship out one parcel and the buyer is only having to pay one lot of postage and fees.' Masie has made £18,000 from selling on Vinted so far and has now made reselling her main job Maisie said wannabe sellers also have to be careful about how they draft listings on Vinted - as sometimes a post can appear as though it was shared earlier than it was. In another clip, the reselling expert explained: 'If you draft something and then a week later you decide to hit live and publish it, it won't show as a new listing. It will show when you drafted it, which was a week ago. 'It will come up older in the listings, it won't show up at the top, it will show up as being a week old which will affect how people are looking at your listings because a lot of people will search for newest first.' Recently, Maisie revealed how she sold a dress for more than four times what she paid for it. She purchased a WoolOvers boho linen dress for just £3.30 on Vinted as part of a bundle from a seller. Maisie then ended up reselling it on eBay for a whopping £20.46. She also has her own system so she can find the items she has listed quickly and get them shipped off to the buyer 'If you're not keen on getting out to car boots or charity shops or you just don't have the time, get on Vinted,' she said. 'Then, get this stuff delivered to your door, take better photographs, and list it back on Vinted!' This video racked up many comments from other impressed Vinted sellers who praised Maisie on her sales success. One wrote: 'Amazing flip!! I've just started reselling too!! Sometimes it is just a case of taking better photos too!!' Another said: 'That's amazing,' to which Maisie responded: 'Magic of photography eh!' Many other Vinted sellers have praised Maisie for sharing her clever tips and tricks on how to sell clothes for a profit A third penned: 'Thank you! I love watching your videos.' She also has her own system so she can find the items she has listed quickly and get them shipped off to the buyer. In another video, Maisie explained how she had bought clear plastic bags and used stickers to number each one. She then puts an item into a bag with a designated number once she has listed it and puts the number in her post, so it reminds her which bag it is in. 'It's going to make life so much easier and it is so satisfying coming in and doing ten listings and then putting them into bags,' she said.
The Sun
6 days ago
- Business
- The Sun
I've made £18k on Vinted & even buy stuff on there to resell… my hack means I don't have to hunt for bits I've sold too
A RESELLER who's made a whopping £18,000 on Vinted to date has shared the clever organisation hack which means she never has to hunt for the items she's sold. Maisie is such a pro at sourcing and selling bits and bobs that she made reselling her full-time career last year. 6 6 6 And she's also been sharing her best tips and tricks on her TikTok page, including the success she's found buying from Vinted to then resell on. Sharing a look at one of the lagenlook boho dresses she'd picked up on Vinted, she revealed she paid £3.30 for it in a bundle of seven items. Maisie then managed to sell the dress on for £20.46 on eBay. "So if you're not keen on getting out to car boots or charity shops or you just don't have the time get on Vinted," she said. "Then get this stuff delivered to your door, take better photographs and list it back on Vinted!" Another way Maisie makes her job easier is to ensure it's all properly organised. This means she doesn't have to spend ages searching through bags of items in order to find something she's sold. In another TikTok video, Maisie explained she'd bought clear plastic bags, and used number stickers to number each one. She then put each garment into one of the plastic bags, before putting into a box on an IKEA Kallax unit she'd picked up. When listing the items, she puts the numbers in the description, so that she knows exactly where she'll find it in her storage boxes. I made £185 in less than 24 hours on Vinted thanks to a pricing trick that hooks sellers without having to send offers "I can't get enough of this and I'm really hoping that it helps me get organised," she said. "And if anyone else is looking to do the same I hope it helps you!" Other side hustlers were quick to comment on Maisie's video, with one writing: "You've inspired me honey bee. "I've bought the same stickers and I'm determined to get organised!" 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: "Numbers make life so much easier!" another said. "This is how I do it - honestly, life saver!" a third commented. "I would love to be that organised!" someone else laughed. 6 6 6
The Sun
6 days ago
- Business
- The Sun
I've made £269 on Vinted in 24 hours – the 7 items that are flipping FAST & the retro product to always pick up
A RESELLING whizz who made £269 on Vinted in just 24 hours has shared seven of the items that are selling fast right now. The mum is a pro at finding bits to resell at the charity shop and car boot sales, and took to TikTok to share some of the items she's "flipped" in recent days. 6 6 The first thing she recommended looking out for is shorts - both men's and women's - as she's made a decent profit on the ones she's sold. She got a pair of Saltrock women's shorts for 50p, and made £5.45 selling them on, a pair of Animal women's board shorts she got on Vinted for £2 sold for a whopping £32.96, and a pair of Fat Face shorts she got for £2 sold for £9.95. She also picked up two other pairs of men's shorts, for both of which she paid £1.50 each and made £13.45 profit. Summer dresses are popular as the weather warms up, and a Saltrock one she got for 50p at the car boot nabbed her a profit of £9.45. While a Seasalt Cornwall £1 dress sold for £17.95. One of the biggest profit-makers for the mum were the vintage cameras she'd picked up, as she said they "sell very well on Vinted". A Miranda one she got for 50p sold for £9.95, a £2 vintage camera sold for £29.95, a Canon PowerShot she paid £1 for at the car boot sold for £34.95 and a vintage Mekai camera she paid 50p for sold for £14.95. Timeless T-shirts are as popular as ever, with a £1 Mason Newman one selling for £12.95 and a vintage Nike one she got in a reseller bundle from a wholesaler for £2.50 got her a profit of £27.45. Meanwhile, a £1 linen playsuit sold for £10.95, and a £1 denim Zara jumpsuit nabbed her a profit of £18.95. Lastly, the savvy reseller made £13.95 selling on a Craghoppers fleece, and made £4.15 profit per sale of debobbling machines - after paying £4 for 50 of them herself. I made £550 in 48 hours reselling clothes but NOT on Vinted - I found a platform where sellers get the full asking price - She concluded her video by showing that she'd spent £20.03, and emerged with a total profit of £269.85. "Wow I'm massively under pricing my stuff. I have hundreds to sell!" one person commented on the TikTok video. With the mum advising: "Use eBay to research sold prices to help you as a guide". "That's a bangin' profit!" another praised. What is retail arbitrage and how does it work? Retail arbitrage just means reselling a product on for profit. It is completely legal in the UK, as, once you own an item, you have the right to resell it. Using an app called BuyBotGo, resellers scan items they find in the supermarket, and the app tells them how much the products are selling for on Amazon, and how many times they have been sold in the past month. The reseller will make a profit on the items by reselling them using Amazon FBA. Amazon FBA is a service that online sellers can use, where Amazon takes care of the storing, packing and shipping of your products. So all the reseller has to do is send the products off to Amazon and wait for the money to roll in. 6
The Sun
27-05-2025
- Business
- The Sun
I've made £4,000 on Vinted – here are my top tips, including what to write in your product's description
A SAVVY seller has shared her top tips for making money on Vinted, after she made £4000 from selling her old clothes. Vinted is an online marketplace where people can buy and sell second hand clothes, shoes and accessories. It's completely free to upload clothes to the app and Vinted does not take a cut of sellers' profits and instead charges buyers a small fee to purchase each item. TikToker Dassie Andreu (@dassieandreu) is a Vinted whizz, and took to the video sharing platform to share the tips she uses to make quick sales. Consistency Dassie revealed that when using Vinted, it is important to upload regularly. "And I mean every couple of days," she said. Vinted orders items on its site from newest to oldest, so if you are constantly uploading items, your profile will always appear at the top of the site. Keywords In order to make your items visible to as many people as possible, Dassie revealed you need to use lots of keywords in the item description. "Don't just say boy's jumper, say boy's blue navy jumper, long sleeves, warm, perfect for the chilly season." Parcel Presentation To make sellers come back and buy your items again, Dassie said it is important to package them nicely. Sharing a clip of a parcel she collected recently from a seller, Dassie said: "It looks really unprofessional, and I probably wouldn't buy from this seller again. "There were even holes in the bag." I made £550 in 48 hours reselling clothes but NOT on Vinted - I found a platform where sellers get the full asking price - Online marketplaces like Vinted and Depop have millions of users across the UK, with the cost-of-living crisis only increasing their popularity. One in six people now say they buy used items, according to research commissioned by review site Trustpilot. So, now's the perfect time to make yourself some extra cash on the likes of Vinted. According to the popular platform, sellers do not have to pay tax on earnings they make from the site. 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: This, HMRC stated, is because selling personal items through platforms like Vinted is not itself taxable. ''If the money a member makes on Vinted over a year is less than the amount they paid for the items they are selling, then there is no tax to pay,'' a Vinted spokesperson explained. ''Generally, only business sellers "trading" for profit might need to pay tax. ''A tax-free allowance of £1,000 has been in place since 2017 for people who trade for profit.''
