A money-savvy fashionista has revealed the exact strategy she used to win £1,000 on Vinted – and one vital mistake that got her account deleted.
With over 16 million active monthly users, online second-hand platform Vinted has become one of the UK’s biggest websites.
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Among other people and celebrities such as Sam Faiers flogging their vintage gear was also style-loving Megan – who raised an incredible £1,000 before her page was blocked.
Now, Megan – who has since turned to Depop to make money – has turned to TikTok to reveal exactly how she managed to make so much selling pre-loved products.
Megan’s Dos and Don’ts
Good track record
When flogging your old items, particularly clothing, Megan advised taking clear photos with a white background.
Another pro tip the experienced salesperson shared her video was going crazy in the description box – Megan insisted that using “lots of descriptive words” would “draw people to your page”.
The best keywords shoppers seem to use include “Y2K,” “retro,” and “holiday dress,” especially with summer just around the corner.
Meanwhile, when it comes to pricing, the genius at Vinted advised pricing a little higher – “since you’ll be getting offers most of the time.”
Avoid a warning
Is one of your items not selling? Some Vinted pros swear by deleting the listing to reupload the piece a second time.
But while this sometimes works, Megan revealed how a small mistake can cause problems on the platform.
In the clip, the Vinted guru recommends not reusing the same snap if you’ve already deleted a listing.
”This can signal and give a warning.”
Flogging the naive
Gave in to all the hype and bought that viral dupe everyone is raving about – but now you realize it’s a bit of a disappointment?
While it might be tempting to flog it on Vinted in the hopes that someone else will like it, Megan asked to avoid that.
“Do not post any copies or replicas – this got my account deleted,” she warned.
According to the popular site, first launched in 2008 by two Lithuanians, listing “counterfeit items on Vinted may lead to the suspension or permanent blocking of your account.”
To avoid this, sellers are advised to take and upload their own photos clearly showing the “authenticity of the item”.
Megan also recommended attaching photos of tags “as if Vinted thinks your item is not authentic.”
New Vinted rules for you to know
IF you want to clean out your closet and get rid of your old stuff on Vinted, you’ll need to consider the new rules that recently came into effect.
If people sell personal items for less than they paid new (which is often the case with second-hand sales), there is no tax impact.
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 few second-hand items online each year – generally only commercial sellers who trade for profit may need to pay tax.
A £1,000 tax exemption has been in place since 2017 for commercial sellers trading for profit – the only time an individual personal item may be taxable is if it sells for more than £6,000 and there is a profit from the sale.
However, businesses now have to pass your details to HMRC if you sell 30 or more items a year or earn more than £1,700.
It is part of a broader tax crackdown to help ensure that those who increase their income through side hustles pay what they owe.
Although your details will not be shared with HMRC if you earn between £1,000 and £1,700, you will still need to pay tax as normal.
How to avoid negative reviews
Many Vinted fans rely on reviews to avoid unpleasant surprises, like a recent dark discovery made by a buyer – so it’s essential to keep your profile as customer-approved as possible.
To ensure no potential buyer is put off by any negative feedback, Megan emphasized the importance of sharing images of any stains and damage.
This story originally appeared on The-sun.com read the full story
