Santa Monica start-up Tradesy launched Wednesday. The armpit aims to help… (Tradesy )
Tradesy, an online exchange area women can advertise and buy preowned clothing, wants to about-face your closet into cash.
The latest in a continued band of resale start-ups launched Wednesday and was founded by Tracy DiNunzio, who additionally started the accepted acclimated bells dress exchange Recycled Bride in 2009.
“We’ve all got overflowing closets and annihilation to wear,” DiNunzio said. “What if we could aloof about-face to anniversary added and say, ‘Hey, do you accept article I would want, because I’ve got article you would want.’ And it absolutely lowers the barrier to access for everyone.”
With Tradesy, users account new and acclaim acclimated accouterment — including dresses, tops, jeans, handbags and shoes — during a quick, 60-second action that includes bushing in a few description fields and uploading an angel of the account for sale. Tradesy, which additionally has a adaptable app, strips out the accomplishments babble surrounding your artefact so the account is set adjoin a bald white background, agnate to how commodity is listed on retail websites.
“The abstraction is to booty the accountability off the user and accomplish it as quick as accessible for them to list,” DiNunzio said during an account at the company’s address (temporarily amid in the dining allowance and additional bedchamber of her Santa Monica apartment).
Sellers can set their own prices, although Tradesy recommends amount credibility based on what the account is and what action it’s in. The appearance resale start-up doesn’t allegation a advertisement fee, but it takes a 9% cut from the auction of an item.
After an account is sold, Tradesy will accelerate the client a pre-paid aircraft characterization and package. Buyers put their items into the amalgamation and bead it off with the USPS.
Unlike EBay ability sellers, accouterment makers or assignment e-commerce sites that advertise ample quantities of appurtenances online, Tradesy is geared against alone sellers attractive to unload clothes from their own homes through a peer-to-peer model, DiNunzio said.
There’s additionally an accent on advertisement commodity from high-end designers like Chanel and Louis Vuitton, and acclaimed capital staples such as Banana Republic, Club Monaco and J.Crew.
The aggregation faces annealed antagonism from added accouterment bandy sites including Threadflip, 99Dresses, the Absolute Real and Poshmark.
“The absolute differentiator for us is compassionate how to accommodated the needs of the alone woman and allowance her get the added ethics out of her closet and the added money into her abridged so she can get more,” DiNunzio said. “And I anticipate if you’ll acquisition if you attending at any of the added sites, they’re absolutely all accepting awash with the ability agent types, and we don’t appetite to be addition abode aloof to acquisition a agglomeration of being from a agglomeration of people.”
DiNunzio said the aggregation guarantees that items awash on its armpit are authentic; if they aren’t, Tradesy will accommodate a abounding refund. And, in a noteworthy move, the aggregation is additionally alms a acknowledgment action (site acclaim or a abounding refund, depending on the situation) alike if the account is accurate — typically, purchases fabricated on resale sites are final sale.
Tradesy aloft $1.5 actor in its Series A from Rincon Venture Partners, 500 Startups, Daher Capital, Bee Partners and added investors.
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