MONEY MAKER
I made £250 in a week selling on Vinted – the little-known button you need to switch on…it gives me 70% of my sales
Scroll down to reveal the Vinted rules you need to be aware of
IF you've had a spring wardrobe clear out, then chances are you've considered making a bit of extra cash on the side and flogging your old clothes on Vinted.
But if you're a new seller, then you may just want to listen up...because Vinted whizz Brogan Sutcliffe has revealed her top tips for raking in the cash.
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In a clip shared to TikTok (@brogansutcliffeee), she explains how she managed to sell over £250-worth of clothes in one week, before revealing exactly how she does it.
Firstly, she advises 100% turning your bundle discounts on.
"This just means that the more that somebody buys, the better discount they get," she says.
"I think mine are set to two is 15%, three is 20% off and five is 25% off...I probably get around 60/70% of my sales purely from bundle sales."
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Brogan continues: "Because you're probably going to sell a lot of your items on bundles, or at least at a discounted rate, make sure you price them up just a little bit more than you're willing to accept, so that if people do send you offers, you accept them."
She goes onto say how everyone wins because they get a bargain, while you get it for the price that you actually wanted to sell it for."
I probably get around 60/70% of my sales purely from bundle sales
Brogan Sutcliffe
Next up, the re-selling whizz notes that when selling clothes, try and actually wear them for the photos, if possible.
"That always seems to sell better, just so people can see what they look like on a person," she says.
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Brogan also recommends making sure you include what you're going to search for when you're writing descriptions.
"People are going to find your items by searching for that product a lot of the time," she explains.
I made £500 on Vinted last month - here's the exact time you should really start decreasing your prices so that you still make money
"So if you've got an Oh Polly dress size 10, make sure that is in the title.
"If you have something you're going to sell and you don't quite know how to write it in the description, just search it and then get the best description from that and almost just copy and paste it into yours."
Lastly, she advises posting "every single thing."
Brogan continues: "I know that's the worst thing about selling on Vinted.
"It's so annoying taking a parcel to the post office, but as soon as you get that bad review on your page, so many people aren't going to buy from you purely because they won't think you'll send the item."
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.