I flog loads on Vinted thanks to my simple ‘relist’ rule I stick to every day – try it & your sales will go crazy
A VINTED whizz has shared a top tip, which she said will your sales “go crazy” on the site.
Vinted is an online marketplace where people can buy and sell second hand clothes, shoes and accessories.
It’s completely free to upload clothes to the app and Vinted does not take a cut of sellers’ profits and instead charges buyers a small fee to purchase each item.
Savvy seller Cat took to TiKTok to share her secret for making tons of sales.
She revealed that every day she deletes the oldest item on her Vinted page.
Then, she re-lists the item, using different pictures and more keywords in the description to attract more buyers.
Cat repeats this every day, so every day she is deleting one item, and relisting it again.
As Vinted filters it’s searches by the newest first, this means that one of her items will always be at the top of the search results, so buyers have more chance of clicking on her profile, and buying more items.
“You need to do this every day and your sales will go crazy”, she said.
Cat’s video, which was posted under the username @catminimarie, has likely left many people impressed, as it has racked up over 92,000 views on the video sharing platform.
TikTik users raced to the video’s comments section to share their thoughts.
One person said: “I did this yesterday and sold three items!”
A second person said: “Great tips!”
A third person added: “I’ve made nearly £5,000 on Vinted in five months.”
Online marketplaces like Vinted and Depop have millions of users across the UK, with the cost-of-living crisis only increasing their popularity.
Financial pressures in British homes saw sales of second-hand goods jump by 15 per cent to £21 billion in 2022.
One in six people now say they buy used items, according to research commissioned by review site Trustpilot.
Do you need to pay tax on items sold on Vinted?
QUICK facts on tax from the team at Vinted...
- The only time that an item might be taxable is if it sells for more than £6,000 and there is profit (sells for more than you paid for it). Even then, you can use your capital gains tax-free allowance of £3,000 to offset it.
- Generally, only business sellers trading for profit (buying goods with the purpose of selling for more than they paid for them) might need to pay tax. Business sellers who trade for profit can use a tax-free allowance of £1,000, which has been in place since 2017.
- More information here: vinted.co.uk/no-changes-to-taxes
So, now’s the perfect time to make yourself some extra cash on the likes of Vinted.
According to the popular platform, sellers do not have to pay tax on earnings they make from the site.
This, HMRC stated, is because selling personal items through platforms like Vinted is not itself taxable.
”If the money a member makes on Vinted over a year is less than the amount they paid for the items they are selling, then there is no tax to pay,” a Vinted spokesperson explained.
”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 people who trade for profit.”
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