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Advice I refuse to ignore after making £10K+ selling on Vinted!! <33
(this isn't an ad btw lol)
Stop Selling Things for £10
If you paid £40, you should not be selling it for £10, because someone will offer you £8 - people love to get a deal!! Instead, sell it at 20% off for £32, and you will most likely settle on £26 - much better than £8-10.
Build a Big Portfolio
Over time, you want to build a portfolio of at least 100 items. You might spend one Sunday a month uploading 20 items. If you want to be selling consistently, you need the quantity to create a consistent pipeline!
Take Photos in Daylight
This is the first and only impression of your item, so take photos on a white background and ensure it's on a hanger on the back of your door. The lighter, brighter, and more aesthetic it looks, the more likely people are to buy it!!
Stop Accepting Low Offers
I've declined plenty of 50% offers, only for someone else to buy the item later with just a 10-20% discount. Personally, I'd rather wait a little longer and make more money.
Invest in Your Little Business
Stop buying last-minute postage bags from the Post Office - you're paying an absolute premium for them! I order 50 bags in two different sizes: one smaller and one larger for coats. It costs me around £10 and saves money in the long run!!
And for more tips on side hustles, saving money, and investing, drop me a follow! <33