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!!

I agree with others that you’re pricing too high but on the flip side I also think Vinted encourages sellers to price too low. When you list something and it offers suggested pricing based on other similar items everything is always £1. I’ve sold lots of the same type of stuff for £3/£4, more in some circumstances so refuse (unless it’s clearly not worth it). You can always reduce the price and send offers to people who favourite items if you want to.

If you have lots of people ‘favourite’ the item but don’t buy then in general I think it’s overpriced.

£15 or less for the item you are selling

I sold three TM Lewin suits a few months ago, they went almost immediately. I think each sold for £15 or £20 though, so pretty cheap.

Definitely too high. I've sold a lot on Vinted. Vast majority of things for £10 or less unless it's designer and some brands keep a certain amount of value (Dr Martens, Orla Kiely bags, Boden etc but even these are selling at a greatly reduced rate). Most shirts, jumpers are under £10. I've sold things for £3 that I paid £40 for.

You,ll soon get the hang of pricing. As others have said, supermarket clothing doesn't make much money. Personally I scroll on by the supermarket stuff and go for either vintage or higher end stuff, even then - apart from something very unusual and special - I wouldn't pay more than £10-£15 as it's always a risk it won't fit or isn't exactly as described, and it's too much hassle to return it. Reduce your expectations and you'll find you'll make your money on having a large turnover of sales.

I just started and doing very well on vinted. I don't price low, but I do give a discount. I'm prepared to be in it for the long haul, i don't need to sell quickly so can be patient. Lots of cheeky offers but if they are too cheeky, i decline. Some come back and buy anyway. It is a lot of hassle though for a few quid, but better than nothing! Good luck

You could try listing on eBay. It's free to list on there now and there's no buyer fees so it can work out cheaper than Vinted. It also attracts a slightly different and wider audience. I've often seen items with current bids higher than you can buy the same thing "but it now" on Vinted. I think a lot of people still don't know about Vinted or stick to a platform they trust more. If I can't shift it on Vinted I stick it on eBay as well and it usually sells quite quickly.

£5 op.

I had a long evening dress that was worth £100 + new and couldn’t even shift it at £16! Gave it to a charity shop after months on Vinted.

Or a reseller? 🫣

I'd say most things sell at 10-30% of their purchase price. Things priced at £5 or less tend to go most quickly.

My dd prices on the low side and her stuff usually goes the same day. I price a bit higher than she does and some of my stuff never sells even when reduced a lot. If I'm lucky I sell 50% of what I list in the first 24 hours, the rest takes longer and 10-20% doesn't sell at all.

I think it's best to price quite low from the start. Buyers have to pay a buyers fee and postage on top of the price that you set and it's a bit of a gamble whether what turns up will fit/suit them/smell dreadful, so they won't pay much except for items that are highly in demand. A supermarket item from 5 years ago is unlikely to be in that category. I'd price it at £5-£10 maybe.

Becoming a Vinted buyer will help you to understand pricing better.

People who have made £2k on Vinted sales are probably like me, they buy stuff from Vinted that doesn't fit or suit them so then they sell it again on Vinted as you cannot return things you don't want!

I sold a couple of Burberry raincoats from the 1980s which made over £200 each.

I think you’re thinking about the value of an item in quite rigid terms. So you paid £40 for this Tesco coat new. It hasn’t been worn, still has the tags on; therefore it’s still new and £25 is a bargain, right?

What you’re not considering is that, while it’s “new” as in unworn, it’s old stock now. There’s a reason why full price products still sell even when the sales are on. Also, perhaps more importantly, your market is way, way smaller than Tesco’s was for this product. In a busy supermarket where shoppers are coming through all the time, maybe not even looking for a coat, they might spot this and think “Ooh, that’s nice”, pause to try it on… people aren’t doing this on Vinted. Also, the shopper who sees the coat in store could be any size - and if they haven’t got a 12 or a 16 in store, they might have it in by next week, or online, or in a different store. You might find a buyer who likes your coat, but if they’re a 12 and your item is a 14, they can’t contact you and ask if you have any 12s in stock instead - they just go to look for something else.

Also, think about what else is on Vinted. The £25 you want for your new Tesco coat might buy them a second-hand Reiss or Hobbs coat. Yes, it will be used while your item is new, but it was worth way more to begin with. You’re dealing with a different kind of competition.

I think a dress that is fitted is often trickier as it’s hard without trying on, also there’s a lot of competition as literally thousands of worn once evening dresses. Clothes that are a bit forgiving size wise a jumper dress or more every day are an easier sell.

JellyCats are in high demand and often sold out.

A five year old supermarket item of clothing isn’t what people want unless it’s £2-£3.

I listed a girls proper wool Zara Cardigan for £2 that nobody wanted to buy. It went onto ebay auction and sold for 99p. Similarly I had a girls Zara mint condition party skirt couldn't sell for £1.50.. girls new Joules Christmas dress new with tags rrp £65 I couldn't get £5 for. Unless it's something that is always needed. I reduce after 4 days, then relist it cheaper after 7. After two weeks i donate it. It's a saturated market.

Way too high for a supermarket clothing item.

People want bargains on vinted end of. You do feel like you are giving stuff away sometimes but that's how it is. I've made over 2k since I joined a couple of years ago but I'm definitely not making money. I just buy a lot of clothes.

Realistically you'd be lucky with a tenner, but probably even less tbh OP.
You've had it for 4 years, cut your losses and just get rid of it rather than holding out for a high price. Now is the best time to sell coats, if is going sell.

I made 2.5K but was selling Toast and other brands, much of it last season as I lost weight due to illness which will be permanent.
Supermarket stuff just went in the charity bag.
Even Boden or Joules goes for £10 at best.

Vinted is absolutely saturated with stuff, put it on for £7 and you will get £5.
If you haven't worn it in 5 years it's worthless to you anyway.
Buy a few things to get feedback first, I don't touch zero feedback sellers.
If you want to shift stuff price low, buy a pack of grey bags and post same day, communicate well and leave good feedback for buyers.

1. Good reviews
2. Good prices - Vinted usually shows you sold item prices when you list, on eBay you can actually search for sold items.
3. Good photos - in 4:3 aspect.

I'm also new to Vinted, after years of selling on eBay with a 100% seller rating there, it's quite something starting with 0 reviews! My first 2 items were sold because they were desirable brands and had good descriptions, sold for £5 and £15.

I'm annoyed that buyers don't get positive auto feedback, though. So can't rely on buying something yourself and the seller leaving you good feedback, unless you ask them to.

How do you find selling on Vinted rather than ebay? Is one better than the other in your experience? Thank you.

I always assume anything ‘brand new with tags on’ has been shoplifted! Sorry.
still think an item a few years old selling at £25 is massively overpriced!

It’s a fools game to reference the purchase Bruce on Vinted. Instead think of it as creating space in your wardrobe in return for some “free” money

Yeah, I used it to get a few quid on things in the hope they're re-used.

I wish I was that good at shoplifting. I never take tags off anything I've bought until I'm ready to wear it! Bought loads of office clothes in 2018-20 which I now do not need as permanently WFH