According to online marketplace Vinted, co-founded in 2012 by Milda Mitkute and Justas Janauskas and boasting a community of 21million across the US, UK and Europe, the answer is yes. Vinted allows users to sell clothes - or even swap them with other sellers - it says, without fees.14 Feb 2019
What percentage does Vinted take?
Vinted makes money by charging sellers a commission of between $1 and $5 (or 19 percent ) for each item of clothes successfully sold through its marketplace.18 Aug 2021
What percentage does Vinted take 2020?
Users pay no fees for listing, but Vinted takes a “buyer protection” rate that is either between 3% and 8% of the cost of an item, or a direct cut (in the UK between £0.03 and £0.08), depending on the value of the good.12 May 2021
Is Vinted easy to sell on?
It's so easy to sell on Vinted once you're signed up, just click on the sell button along the bottom of the screen and you'll be taken to the most self-explanatory, easy-to-understand page ever. Add up to 20 photos of your item and give your listing a title and description then you're almost done.15 Jun 2021
How does Vinted make a profit?
Vinted makes money by charging sellers a commission of between $1 and $5 (or 19 percent ) for each item of clothes successfully sold through its marketplace. Revenues were approximately $5 million last year. Vinted now boasts 12 million users, with an additional 11,000 joining daily.18 Aug 2021
Is Vinted really free?
If the article sells for $100, then the buyer pays an additional $5 in buying fees. Interestingly enough, online marketplaces normally charge sellers instead of buyers. In fact, selling on Vinted is completely free!24 Dec 2021
How does Vinted make money with no fees?
Vinted makes money by charging buyers a fixed and variable fee on every successful transaction facilitated through their platform as well as through advertising on its platform. In fact, selling on Vinted is completely free!24 Dec 2021
Is it worth selling on Vinted?
Overall thoughts: Vinted has been the best app for selling clothes that I've used. It is simple to use, there are no fees for listing items, and the buyer pays the postage and all other fees.
How do you sell fast on Vinted?
- Follow the reviewers of vinted shops that sell similar items to yours.
- Follow other vinted users.
- Like people's posts.
- Send messages to people that have liked your item on vinted.
Can you make money from Vinted?
How Does Vinted Make Money? Vinted makes money by charging buyers a fixed and variable fee on every successful transaction facilitated through their platform as well as through advertising on its platform. In fact, selling on Vinted is completely free!24 Dec 2021