[ad_1]
In search of a strategy to generate additional money? Contemplate promoting a few of your outdated garments.
Greater than half of customers — 52% — shopped for secondhand attire final 12 months, in accordance with the 2023 Resale Report from ThredUp, an internet secondhand clothes retailer.
Of all attire bought prior to now 12 months, one in three gadgets have been secondhand, ThredUP says. For members of Era Z, secondhand garments make up two out of each 5 gadgets they personal.
This development towards secondhand clothes signifies that, globally, the secondhand attire market might practically double by 2027 and develop to $350 billion, in accordance with the ThredUp report.
That development may very well be a golden alternative for anybody searching for a strategy to make a number of additional bucks.
Promoting a few of your outdated garments could show you how to rake in a small fortune. Sure garments manufacturers are particularly prone to fetch increased costs, ThredUp says. The ten most sought-after manufacturers are:
- Torrid
- Lululemon Athletica
- Madewell
- Zara
- Free Folks
- Patagonia
- Reformation
- City Outfitters
- Everlane
- Vuori
In compiling its rankings, ThredUp had retail analytics agency World Knowledge survey greater than 3,000 U.S. adults and the highest 50 U.S. trend retailers to ask about preferences within the secondhand market. World Knowledge additionally assessed the secondhand market in accordance with “shopper surveys, retailer monitoring, official public information, information sharing, retailer commentary, and secondary sources.”
In the report, James Reinhart, co-founder and CEO of ThredUp, says higher pricing is the highest cause why individuals look to secondhand garments. But it surely isn’t the one issue:
“Whereas worth continues to be a key driver that motivates customers to suppose secondhand first, international local weather points have elevated consciousness of resale’s potential to scale back trend’s influence on the surroundings. We’re nonetheless within the earliest days of inventing how resale can cut back the continued manufacturing extra within the attire business, and I don’t see a world the place we’re going again to the best way it was once.”
Promoting outdated garments is only one strategy to make a number of additional bucks. For extra, try “35 Clever Ways to Make Extra Money.”
[ad_2]