Vinted - am I starting too high?

[user887766]

I have recently started listing items on vinted but only one thing has sold so far.

I am wondering if I am maybe pricing my items too high.

For example I listed an item of clothing that I bought probably at least 5 years ago from a supermarket. Brand new, never been worn, tags still on. I paid £40 for it and have listed it for £25. It’s had a few favourites but no interest.

I really thought it would sell quickly because it’s nice (I think) and in perfect condition. Am I doing something wrong? Is it too high of a price even though it’s never been worn?

Would be most grateful for your tips!!

Massively depends on the brand. Popular brands like Zara, Karen Millen, Reiss will hold their value. Supermarket stuff won’t. It depends on how old it is too. Last year’s H&M range will still sell well. 5 years old Miss Selfridge won’t.

You’ll get used to it.

I’ve made a grand in the last year selling stuff in the £15-30 range.

Most of this is COS/Arket and the like, mint condition and often with tags. I reckon I’m doing well if I sell a new item for a third to half of what I paid for it - e.g. COS dress worth £100 new, I got it for £50 in the sale, would expect to sell on Vinted for £25ish.

Wouldn’t price supermarket items over a fiver. I can’t even shift Topshop.

They're highly desirable items (especially the discontinued ones).

But a £25 supermarket item isn't.

Sorry OP!

Yes I agree- too high. Would you purchase a secondhand item from a supermarket for £25 if it was in a charity shop? More like £30 with p&p/fees on vinted and as others have pointed out, you can't try on/return. So you want to be confident you can sell for same price if needed.
When you list, it will give you a suggestion of price.

I tend to price on the higher end and most of my things sell but it’s mostly high street like Zara, Next etc.

I sold some M&S things, brand new with tags and 12 things sold almost instantly at about 75% of their cost. On the flip side, Primark things sell for a couple of quid.

I find it quite slow at the moment, presumably Christmas things would do well now.

The make up is almost certainly counterfeit. NEVER buy makeup from a market stall, car boot or online marketplace. They can be dangerous to your health. https://www.salonsaver.co.uk/blog/counterfeit-cosmetics

I price low.

My thought process is what would I be doing with this item if not selling on Vinted?...In my case hoarding it cos its too ni e to just give away to charity or going to a charity shop.

I now cull my insold Vinted items a few times a year (seasonally) and take it to charity. I do find I do sell alotthough at low prices and I always expect to be knocked down a bit. I tend to refuse low offers on new listing but older listing...it needs to just go and its better (for me financially) to go at a low price than end up being given away in 3 months time.
I use the same approach when buying...if its an older listing I'll male an offer for example.

Like PP has said buyers can't return items that don't fit/don't suit so that has to be factored into price plus then the price bumps up with postage and buyer protection fees.

You definitely need to lower your prices and expectations, especially for supermarket mass produced stuff.

You keep saying "I've seen someone selling things for a really high price". You haven't. You've seen people list things for a really high price. You don't know what things have sold for.

Brands retain some value, due to quality, volume and brand recognition. Supermarket stuff is literally ten a penny.

But what you're seeing hasn't sold! For a supermarket item like that you're looking at under a fiver.

The fun of Vinted is to be able to pick things up that would otherwise be unobtainable or a considered purchase. Eg. New with a small flaw Missoni dress for under £40. Who wants to pay £25 for a supermarket dress when that will buy you something lovely from a much more interesting and desirable brand?

Far too dear. It isn't even half price. Unless it's extra nice or special in some way.

Are you being serious? You can’t tell the difference between a proper clothing brand and supermarket clothes?

People dont often pay £25 on items that were ££££.

I bought and sold stuff for under tenner and hardly ever go above that.
People make money if they sell a LOT of cheap items or if you are extremely lucky and someone has dreamed of your item and happened to come accross it.

It's hard if you want to make money back close to what you paid, but sadly things are not worth much these days, and everyone wants a bargain.

That's very high. It's a supermarket brand so half in the sale. At most you get £5 on Facebook marketplace with labels. You struggle to sell it though. Sorry.

First you need to stop obsessing over other people. It seems you feel hurt and done hard because other people put higher prices you want to get but
a) maybe their items dont sell
b) maybe their items are more desirable than yours.

You need to stop comparing. You can play the long wait game and see if in some weeks/months/years time someone will buyyour thing, or reduce every few days for a quicker sale.

I just paid £75 for a perfume that cost £180.
It's high but still a good price and I really wanted it. A number of other perfume from the same line have been there for weeks/months with similar prices, sometimes even lower- but clearly it's not that popular brand and people don't want them. Unfair? Maybe, but it is all about demand. Unless you have a very desirable item (like the M&S dress with stars thata all influencers wanted a few years ago), the original value does not matter.

You then have to decide if your priority is to sell or not.

But people wanting Jellycat items will be specifically searching for Jellycat. I don't think many people will be searching specifically for supermarket items? Or if they're browsing everything, there will be a LOT of stuff cheaper than £25 so your items won't get spotted.

Yes, that price is too high.

I‘ve paid £20-30 for items that are £200 new. All in excellent condition, just without labels.

Most of the beauty products are entirely legit. Everything I’ve bought has been sealed and I’ve recognised it as being a component of a Liberty Beauty Drop box or advent calendar. I tend to buy products I’ve originally got that way and liked enough to repurchase. Buying them on Vinted or eBay is the cheapest way. My £40 lipstick that I bought for £8 for example would be impossible to counterfeit because of its unique design and presentation.

Some people will filter by "newest item" so older items will never get seen. It's useful to delete and relist regularly.
I have found I get the most sales on the Saturday after payday or beginning of school holidays.

Having looked at what's being sold in my local area, the word's jumble and sale spring to mind. So much hideous and low quality tat. TBH I hadn't looked at vinted for a wee while, but who is buying all that crap?

I've sold a couple of grands worth of stuff on vinted in the last year too and as everyone has said that is too high for supermarket. It's needs to be about £5-7 for a new dress etc. I've hobbs, fatface, white stuff, Joules and Boden all listed at £9.99 so sainbos isn't going to get anywhere near.
Vinted is brutal on pricing. Ebay you can normally ask a little more for but again it won't sell for those prices.

Vinted is like a recycling center with a small price attached, especially good for baby and toddler clothing or goods - as they are hardly worn and you can pick up items for £1/2 that would have been £10 new.

Its an alternative to taking to a jumble sale or charity shop and donating for free. Its a great way of selling and buying unwanted items and reusing them.

I've sold a couple of grands worth of stuff on vinted in the last year too

I just don't really get this. Presumably you sold for around 20% of what you paid so that's £10,000 worth of clothing sold in one year - had you just been hoarding stuff for years? I don't get how people have so much to sell in the first place. Ive got a couple of wardrobes of old stuff but its been worn a lot or is very dated, it'd sell for pennies.

I am starting to think the CoL crisis is because everyone's been buying massive amounts of clothes!

I am very mistrustful at the amount of "bmwt" stuff sold for low prices, i suspect there's a hell of a lot of stolen & counterfeit goods on there

Don’t reduce your price OP, delete it and start again at a lower price and see how that goes. I tend to list higher than the amount I’d ideally want. Example £12 for something I’d like around £10 for. I have also tried a few things at a higher price to gauge interest. If it doesn’t work reduce or delete and try again.

What I have been unable to sell is formal workwear suits. Just cannot sell them. At the moment winter stuff is selling for me, summer stuff has gone very quiet so I am likely to delete those and try again in the new year.