Fashion
I’ve made £1,000 on Vinted – the exact words & pricing strategy to rake in, and a key mistake that could get you blocked
A CASH-SAVVY fashionista has revealed the exact strategy she used that made her £1,000 on Vinted – and a vital mistake that got her account deleted.
With over 16million active monthly users, the second-hand online platform Vinted has become one of the biggest sites in the UK.
AFPOne Vinted shopper has revealed how she raked in £1,000 on the popular platform[/caption]
The seller, who’s since moved to Depop, also revealed the mistake which got her account blockedTikTok/@kelsmegn
According to Megan, you should also use specific keywords to make your page more popularTikTok/@kelsmegn
Amongst others and celebrities, such as Sam Faiers, flogging their old gear was also style lover Megan – who raked in a whopping £1,000 before her page got blocked.
Now, Megan – who’s since turned to Depop to make money – has taken to TikTok to reveal exactly how she was able to earn so much by selling pre-loved goods.
Megan’s Do’s – and Don’ts
Good background
When flogging your old items, especially clothes, Megan advised to take clear pictures with a white background.
Another pro tip the savvy seller shared in her video was going wild in the description box – Megan insisted that using ”lots of descriptive words” will ”attract people to your page”.
The best keywords shoppers seem to go for include ”Y2K”, ”retro” and ”holiday dress”, especially with summer right around the corner.
Meanwhile, when it comes to pricing, the Vinted whizz advised to go for a slightly higher price – ”as you will receive offers majority of the time”.
Avoid a warning
Is one of your items not selling? Some Vinted pros swear by deleting the listing to then reupload the garment for the second time.
But although this sometimes works, Megan revealed how a minor error could cause trouble on the platform.
In the clip, the Vinted guru urged to not reuse the same snap if you’ve already deleted a listing.
”This can flag up and give you a warning.”
Flogging dupes
Gave in all the hype and purchased that viral dupe everyone’s been raving about – but have now realised it’s a bit of a let-down?
Although it may be tempting to flog it on Vinted in hopes that someone else will love it, Megan urged to avoid this.
”Don’t post any dupes or replicas – this got my account deleted,” she warned.
According to the popular site, which was first launched in 2008 by two Lithuanians, listing ”counterfeit items on Vinted can lead to your account being suspended or permanently blocked”.
To avoid this, sellers are advised to take and upload their own snaps showing the ”item’s authenticity clearly”.
Megan also recommended to attach photos of tags ”as if Vinted thinks your item isn’t authentic”.
New Vinted rules to be aware of
IF you fancy clearing out your wardrobe and getting rid of your old stuff on Vinted, you’ll need to consider the new rules that recently came into play.
If people are selling personal items for less than they paid new (which is generally the case for second-hand sales), there is no impact on tax.
However, since January 1, digital platforms, including eBay, Airbnb, Etsy, Amazon and Vinted, must share seller information with HMRC as part of a crackdown.
You’re unlikely to be affected if you only sell a handful of second-hand items online each year – generally, only business sellers trading for profit might need to pay tax.
A tax-free allowance of £1,000 has been in place since 2017 for business sellers trading for profit – the only time that an individual personal item might be taxable is if it sells for more than £6,000 and there is a profit from the sale.
However, firms now have to pass on your data to HMRC if you sell 30 or more items a year or earn over £1,700.
It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe.
While your data won’t be shared with HMRC if you earn between £1,000 and £1,700, you’ll still need to pay tax as normal.
How to avoid negative reviews
Many Vinted fans rely on reviews to avoid any nasty surprises, such as a recent grim discovery made by one shopper – so it’s essential to keep your profile as customer-approved as possible.
To ensure any potential buyers are not put off by any negative feedback, Megan emphasised on the importance of sharing images of any stains and damages.
A CASH-SAVVY fashionista has revealed the exact strategy she used that made her £1,000 on Vinted – and a vital mistake that got her account deleted.
With over 16million active monthly users, the second-hand online platform Vinted has become one of the biggest sites in the UK.
AFPOne Vinted shopper has revealed how she raked in £1,000 on the popular platform[/caption]
The seller, who’s since moved to Depop, also revealed the mistake which got her account blockedTikTok/@kelsmegn
According to Megan, you should also use specific keywords to make your page more popularTikTok/@kelsmegn
Amongst others and celebrities, such as Sam Faiers, flogging their old gear was also style lover Megan – who raked in a whopping £1,000 before her page got blocked.
Now, Megan – who’s since turned to Depop to make money – has taken to TikTok to reveal exactly how she was able to earn so much by selling pre-loved goods.
Megan’s Do’s – and Don’ts
Good background
When flogging your old items, especially clothes, Megan advised to take clear pictures with a white background.
Another pro tip the savvy seller shared in her video was going wild in the description box – Megan insisted that using ”lots of descriptive words” will ”attract people to your page”.
The best keywords shoppers seem to go for include ”Y2K”, ”retro” and ”holiday dress”, especially with summer right around the corner.
Meanwhile, when it comes to pricing, the Vinted whizz advised to go for a slightly higher price – ”as you will receive offers majority of the time”.
Avoid a warning
Is one of your items not selling? Some Vinted pros swear by deleting the listing to then reupload the garment for the second time.
But although this sometimes works, Megan revealed how a minor error could cause trouble on the platform.
In the clip, the Vinted guru urged to not reuse the same snap if you’ve already deleted a listing.
”This can flag up and give you a warning.”
Flogging dupes
Gave in all the hype and purchased that viral dupe everyone’s been raving about – but have now realised it’s a bit of a let-down?
Although it may be tempting to flog it on Vinted in hopes that someone else will love it, Megan urged to avoid this.
”Don’t post any dupes or replicas – this got my account deleted,” she warned.
According to the popular site, which was first launched in 2008 by two Lithuanians, listing ”counterfeit items on Vinted can lead to your account being suspended or permanently blocked”.
To avoid this, sellers are advised to take and upload their own snaps showing the ”item’s authenticity clearly”.
Megan also recommended to attach photos of tags ”as if Vinted thinks your item isn’t authentic”.
New Vinted rules to be aware of
IF you fancy clearing out your wardrobe and getting rid of your old stuff on Vinted, you’ll need to consider the new rules that recently came into play.
If people are selling personal items for less than they paid new (which is generally the case for second-hand sales), there is no impact on tax.
However, since January 1, digital platforms, including eBay, Airbnb, Etsy, Amazon and Vinted, must share seller information with HMRC as part of a crackdown.
You’re unlikely to be affected if you only sell a handful of second-hand items online each year – generally, only business sellers trading for profit might need to pay tax.
A tax-free allowance of £1,000 has been in place since 2017 for business sellers trading for profit – the only time that an individual personal item might be taxable is if it sells for more than £6,000 and there is a profit from the sale.
However, firms now have to pass on your data to HMRC if you sell 30 or more items a year or earn over £1,700.
It is part of a wider tax crackdown to help ensure that those who boost their income via side hustles pay up what they owe.
While your data won’t be shared with HMRC if you earn between £1,000 and £1,700, you’ll still need to pay tax as normal.
How to avoid negative reviews
Many Vinted fans rely on reviews to avoid any nasty surprises, such as a recent grim discovery made by one shopper – so it’s essential to keep your profile as customer-approved as possible.
To ensure any potential buyers are not put off by any negative feedback, Megan emphasised on the importance of sharing images of any stains and damages.
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