thredUP Resale Report

THREDUP THREDUP.COM/RESALEREPORT THREDUP'S FIRST ANNUAL Resale Report Getting the most for your money means knowing the value of an item when you resell it, not just the cost when you buy it. Consumers already consider resale value when they purchase cars and jewelry, so why not clothing? thredUP.com, the largest online resale shop for children's clothing, has published the First Annual Resale Report to highlight brands that best retain value overtime, helping shoppers make the most on their clothing investments. thredUP Expertise: One Year in Resale Why is thredUP a leading expert in resale? thredUP launched as an online resale shop just one year ago, and is already helping hundreds of thousands of families save money and upcycle clothing. Here's a look at thredUP's rapid growth and economic impact between February 2012 and January 2013. 358,497 $4 Million 341,610 ITEMS RESOLD ON THREDUP AMOUNT PARENTS HAVE SAVED BY POUNDS OF CLOTHING UPCYCLED BUYING USED INSTEAD OF NEW BASED ON CLOTHING SENT IN TO THREDUP TOTAL THREDUP RESELLER EARNINGS IN 2012 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 FEB 2012 JAN 2013 MAR APR MAY JUN JUL AUG SEP ост NOV DEC Cash In Your Kids' Closets Anyone can participate in clothing resale! No matter how frequently you clean out your kid's closet or tuck away bins of outgrown clothing in the attic, thredUP knows every family has clothing that can be turned into cash by reselling it onlinę. IF YOU'RE A.. HOARDER-You've been SEASONAL CLEANER- PURGER-You normally You typically de-clutter storing kids' clothes for at least 3 years purge outgrown clothes outgrown kids' clothes after every growth spurt every season $233 $932 WORTH OF CLOTHES WORTH OF CLOTHES TO RESELL TO RESELL $2,791 WORTH OF CLOTHES TO RESELL *Calculations based on thredUP survey data which concluded the average family has 2.1 kids, children have 50 items in their wardrobe at a given time and outgrow clothes 4 times a year. Top Ten Brands with the Best Resale Value If you're planning to resell kids' clothes after several wears and washes, listen up! thredUP has ranked the top ten children's brands that best retain value overtime. Brands are ranked by the amount you can recoup on your initial clothing investment-a percentage which is determined based on clothing brand quality, brand awareness and reputation. GYMBOREE GAP Justice Levi's GAP KIDS 1 GYMBOREE 2 BABY GAP 3 JUSTICE 4 LEVI'S 5 GAP KIDS OSHKOSH Bgost. LANDS' ENDO LİMİTED TOO Rare Editions adidas 6 OSHKOSH B'GOSH 7 LANDS' END 8 ADIDAS 9 LIMITED TOO 10 RARE EDITIONS Best Brands to Buy Not all clothing budgets allow for wardrobes filled with brand new Gymboree items. So while "Family Favorite" brands typically have the best all-around resale value, here are some suggestions on when you should skimp and splurge to make the most of your kids' clothing investment. PLAY CLOTHES FORMALWEAR OUTERWEAR CASUAL STAPLES RESALE PRO TIP: RESALE PRO TIP: RESALE PRO TIP: RESALE PRO TIP: Your best bet is buying and Splurge, spurge, splurge on If you're on a budget, buy Don't skimp on the clothing reselling "Family Favorite" brands like Gymbroee or "Premium" or Designer "Bargain" brand jackets like that your children will wear brands like Janie & Jack! Carters. Normally, you'll daily. Dresses, jeans, light Oshkosh when it comes to High-end formalwear flies want to avoid cheaper sweaters of "Family play You don't off resale shelves because brands if you're planning to Favorite" and "Premium" want to splurge on thrifters want the pricey resell clothing, as they'll brands like Gymboree, GAP designer duds for this look for special occasions, show more wear and tear. or Tea are versatile and everyday wear, and without the pricey tag. Plus, However, jackets are hold up well after many "Bargain" brands will show Premium formalwear shows washed infrequently and wears and washes. excessive wear quickly. up beautifully in photos! better retain their value. SUGGESTED BRANDS SUGGESTED BRANDS SUGGESTED BRANDS SUGGESTED BRANDS GAP, Tea, Levi's Gymboree, Oshkosh Janie & Jack, Petit Bateau Children's Place, Carter's AVG RETAIL PRICE AVG RETAIL PRICE AVG RETAIL PRICE AVG RETAIL PRICE $34.00 $26.00 $51.00 $40.00 AVG THREDỤP PRICE AVG THREDỤP PRICE AVG THREDỤP PRICE AVG THREDUP PRICE $9.99 $8.47 $13.99 $12.99 AVG BUYER SAVES AVG BUYER SAVES AVG BUYER SAVES AVG BUYER SAVES 71% 67% 72% 68% AVG SELLER EARNS AVG SELLER EARNS AVG SELLER EARNS AVG SELLER EARNS $4.76 $1.92 $6.88 $2.80 Fastest Selling Brands & Top Selling Categories You might be surprised about what's hot in resale. Here are brands and categories that fly off our shelves! THE FASTEST SELLING BRANDS TOP SELLING STYLES These brands are generally purchased the same day they are available for sale online! These styles are most popular in our online resale shop. Matilda Jane Pin Vanilla : GUCCI DU Pareit, au mâme TOMS pediped *d blagle bau ka JUSTICE LEAGLUE pink chicken NEW ICKI LITTLE MISS TOMS • MR MEN & LITTLE MISS • MATILDA JANE • DP AM • GUCCI GIRLS Dresses, Jeans, Light sweaters PINK CHICKEN • JUSTICE LEAGUE • MAJOR LEAGUE BASEBALL BOYS Long sleeve button downs, Jeans, Warm jackets PEDIPED • PINK VANILLA Savviest Cities Residents in these cities are ahead of the online resale trend, already buying and reselling used clothing online more than other parts of the country. Total Savings buying Residents per capita using thredUP Pounds upcycled clothing reused on thredUP City and selling used 1 SAN FRANCISCO $115,000 3.3 in 10 13,000 Ibs 2 ATLANTA $36,000 2.9 in 10 4,000 Ibs 3 WASHINGTON DC $48,000 2.5 in 10 6,000 Ibs 4 SALT LAKE CITY $13,000 2.4 in 10 2,000 Ibs MINNEAPOLIS $29,000 2.3 in 10 4,000 Ibs 6 BOSTON $43,000 2.2 in 10 5,000 Ibs SEATTLE $39,000 1.8 in 10 4,000 Ibs 8 GRAND RAPIDS $14,000 1.7 in 10 2,000 Ibs 9 KNOXVILLE $11,000 1.7 in 10 1,000 Ibs 10 ROCHESTER $6,000 1.7 in 10 1,000 Ibs * Ranked by thredUP customer per capita II THREDUP THREDUP.COM/RESALEREPORT THREDUP'S FIRST ANNUAL Resale Report Getting the most for your money means knowing the value of an item when you resell it, not just the cost when you buy it. Consumers already consider resale value when they purchase cars and jewelry, so why not clothing? thredUP.com, the largest online resale shop for children's clothing, has published the First Annual Resale Report to highlight brands that best retain value overtime, helping shoppers make the most on their clothing investments. thredUP Expertise: One Year in Resale Why is thredUP a leading expert in resale? thredUP launched as an online resale shop just one year ago, and is already helping hundreds of thousands of families save money and upcycle clothing. Here's a look at thredUP's rapid growth and economic impact between February 2012 and January 2013. 358,497 $4 Million 341,610 ITEMS RESOLD ON THREDUP AMOUNT PARENTS HAVE SAVED BY POUNDS OF CLOTHING UPCYCLED BUYING USED INSTEAD OF NEW BASED ON CLOTHING SENT IN TO THREDUP TOTAL THREDUP RESELLER EARNINGS IN 2012 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 FEB 2012 JAN 2013 MAR APR MAY JUN JUL AUG SEP ост NOV DEC Cash In Your Kids' Closets Anyone can participate in clothing resale! No matter how frequently you clean out your kid's closet or tuck away bins of outgrown clothing in the attic, thredUP knows every family has clothing that can be turned into cash by reselling it onlinę. IF YOU'RE A.. HOARDER-You've been SEASONAL CLEANER- PURGER-You normally You typically de-clutter storing kids' clothes for at least 3 years purge outgrown clothes outgrown kids' clothes after every growth spurt every season $233 $932 WORTH OF CLOTHES WORTH OF CLOTHES TO RESELL TO RESELL $2,791 WORTH OF CLOTHES TO RESELL *Calculations based on thredUP survey data which concluded the average family has 2.1 kids, children have 50 items in their wardrobe at a given time and outgrow clothes 4 times a year. Top Ten Brands with the Best Resale Value If you're planning to resell kids' clothes after several wears and washes, listen up! thredUP has ranked the top ten children's brands that best retain value overtime. Brands are ranked by the amount you can recoup on your initial clothing investment-a percentage which is determined based on clothing brand quality, brand awareness and reputation. GYMBOREE GAP Justice Levi's GAP KIDS 1 GYMBOREE 2 BABY GAP 3 JUSTICE 4 LEVI'S 5 GAP KIDS OSHKOSH Bgost. LANDS' ENDO LİMİTED TOO Rare Editions adidas 6 OSHKOSH B'GOSH 7 LANDS' END 8 ADIDAS 9 LIMITED TOO 10 RARE EDITIONS Best Brands to Buy Not all clothing budgets allow for wardrobes filled with brand new Gymboree items. So while "Family Favorite" brands typically have the best all-around resale value, here are some suggestions on when you should skimp and splurge to make the most of your kids' clothing investment. PLAY CLOTHES FORMALWEAR OUTERWEAR CASUAL STAPLES RESALE PRO TIP: RESALE PRO TIP: RESALE PRO TIP: RESALE PRO TIP: Your best bet is buying and Splurge, spurge, splurge on If you're on a budget, buy Don't skimp on the clothing reselling "Family Favorite" brands like Gymbroee or "Premium" or Designer "Bargain" brand jackets like that your children will wear brands like Janie & Jack! Carters. Normally, you'll daily. Dresses, jeans, light Oshkosh when it comes to High-end formalwear flies want to avoid cheaper sweaters of "Family play You don't off resale shelves because brands if you're planning to Favorite" and "Premium" want to splurge on thrifters want the pricey resell clothing, as they'll brands like Gymboree, GAP designer duds for this look for special occasions, show more wear and tear. or Tea are versatile and everyday wear, and without the pricey tag. Plus, However, jackets are hold up well after many "Bargain" brands will show Premium formalwear shows washed infrequently and wears and washes. excessive wear quickly. up beautifully in photos! better retain their value. SUGGESTED BRANDS SUGGESTED BRANDS SUGGESTED BRANDS SUGGESTED BRANDS GAP, Tea, Levi's Gymboree, Oshkosh Janie & Jack, Petit Bateau Children's Place, Carter's AVG RETAIL PRICE AVG RETAIL PRICE AVG RETAIL PRICE AVG RETAIL PRICE $34.00 $26.00 $51.00 $40.00 AVG THREDỤP PRICE AVG THREDỤP PRICE AVG THREDỤP PRICE AVG THREDUP PRICE $9.99 $8.47 $13.99 $12.99 AVG BUYER SAVES AVG BUYER SAVES AVG BUYER SAVES AVG BUYER SAVES 71% 67% 72% 68% AVG SELLER EARNS AVG SELLER EARNS AVG SELLER EARNS AVG SELLER EARNS $4.76 $1.92 $6.88 $2.80 Fastest Selling Brands & Top Selling Categories You might be surprised about what's hot in resale. Here are brands and categories that fly off our shelves! THE FASTEST SELLING BRANDS TOP SELLING STYLES These brands are generally purchased the same day they are available for sale online! These styles are most popular in our online resale shop. Matilda Jane Pin Vanilla : GUCCI DU Pareit, au mâme TOMS pediped *d blagle bau ka JUSTICE LEAGLUE pink chicken NEW ICKI LITTLE MISS TOMS • MR MEN & LITTLE MISS • MATILDA JANE • DP AM • GUCCI GIRLS Dresses, Jeans, Light sweaters PINK CHICKEN • JUSTICE LEAGUE • MAJOR LEAGUE BASEBALL BOYS Long sleeve button downs, Jeans, Warm jackets PEDIPED • PINK VANILLA Savviest Cities Residents in these cities are ahead of the online resale trend, already buying and reselling used clothing online more than other parts of the country. Total Savings buying Residents per capita using thredUP Pounds upcycled clothing reused on thredUP City and selling used 1 SAN FRANCISCO $115,000 3.3 in 10 13,000 Ibs 2 ATLANTA $36,000 2.9 in 10 4,000 Ibs 3 WASHINGTON DC $48,000 2.5 in 10 6,000 Ibs 4 SALT LAKE CITY $13,000 2.4 in 10 2,000 Ibs MINNEAPOLIS $29,000 2.3 in 10 4,000 Ibs 6 BOSTON $43,000 2.2 in 10 5,000 Ibs SEATTLE $39,000 1.8 in 10 4,000 Ibs 8 GRAND RAPIDS $14,000 1.7 in 10 2,000 Ibs 9 KNOXVILLE $11,000 1.7 in 10 1,000 Ibs 10 ROCHESTER $6,000 1.7 in 10 1,000 Ibs * Ranked by thredUP customer per capita II