Tradesy is a second market for authentic designer apparel, with an ironclad guarantee


When you think about buying and reselling clothes, eBay likely comes to mind. But the auction site is best navigated with some skepticism thanks to the hoards of counterfeiters using the platform to make a dime. It’s now one of the last places you would ever look for genuine Chanel, Gucci, Prada, and other name brands. To fill this market with a bigger safety net is Tradesy, which launches out of beta. 

Tradesy is a peer-to-peer market for designer and women’s accessories and apparel — giving last season’s dress, handbag, or bracelet a second chance at life in another fashionista’s closet at steeply discounted prices. You can find anything from 3.1 Phillip Lim and Michael Kors to Armani Exchange and J.Crew. But unlike eBay or other existing sites out there, you can rest assured that what you’re buying is the real deal, and that there’s an attentive human being on the other end of your email, phone call, or in-app chat should you have any concerns.

Customer service is one competitive advantage that Tradesy’s CEO and founder, Tracy DiNunzio, prides her startup on. She and her staff are actively monitoring the Tradesy community and call themselves the “Zappos of women’s fashion resale,” a reference to Tony Hsieh’s well-regarded business model that transformed Zappos. It’s a reassurance for buyers and sellers of second-hand clothing especially when shopping for vintage clothing online has been tainted by scam stories.

Tradesy takes a hands-on approach to maximizing a seller’s sales potential. After sellers photograph their unwanted clothes and accessories to list on the site, the Tradesy team will spruce up amateurish photographs. The platform also uses a pricing recommendation engine that tracks what items are selling for by brand, item type, and in real-time updates, and suggests to its sellers a recommended price that they can use as a benchmark. “It’s for what we know those items will sell for right now,” says DiNunzio. “In winter, summer items are going to be less in demand so there’s an additional discounted recommended for those items.”

And for sellers, there are no listing fees, and essentially nothing to lose until you sell an item — for the record, Tradesy takes a nine percent commission for every sale.

Buyers can shop with the assurance that their purchases will be genuine (or your money back), and receive on average 68 percent off items. Typically products are price at between 40 and 90 percent off retail value. Shipping is included in the price of the item (between $1 and $6) and buyers will receive their purchases in a Tradesy branded box.

But there are a few rules in order to keep the system running smoothly. You must photograph serial numbers to prove the authenticity of a designer good; you’ll get banned for selling counterfeits. Items also must be women’s wear. It’s worth mentioning that Tradesy employs a team of experts that can spot a counterfeit from a mile away.

Of course simply eyeing a photograph isn’t entirely fool proof, even for professionals, but Tradesy eats any losses. All purchases of counterfeit items or misrepresented and damaged items are guaranteed a full reimbursement. Any purchases that you’re unsatisfied with can be sent to Tradesy for “store credit.” While sellers will get banned, the site will soon launch mechanisms to rate and verify sellers.

As for all the returned clothingm it’ll find a home in a closet full of returned items at Tradesy headquarters. DiNunzio revealed to Digital Trends that they hope to resell returned items at a heavily marked down price in the “Tradesy Closet.” “It’s our secret shop. There’s going to be certain incentives that allow some of our most active members access to the Tradesy secret closet where they’ll find those items that have been returned at up to 90 percent off.”

Tradesy isn’t DiNunzio’s first startup, and she knows a thing or two about the resale industry. She bootstrapped her first company – Recycled Bride, which is also a marketplace for used wedding apparel – by renting out her apartment through Airbnb. This time around, after initially bootstrapping the development of Tradesy she’s hit her stride and just raised $1.5 million in funding from investors.

Product Review

Want to see how powerful the Snapdragon 855 chip is? Just rev up the Xiaomi Mi 9

How fast do you want to go? If the answer to this is “as fast as possible,” then take a long look at the Xiaomi Mi 9. It’s one of the highest performance smartphones you can buy. It’s a real monster, and we’ve been using it.

Between Intel and AMD, these are the best gaming CPUs at every price

What are the best processors for gaming you can buy? You don't need to spend a fortune to get an amazing gaming CPU and now that AMD is competitive again, there are more choices than ever.

Where to buy the Samsung Galaxy S10, S10 Plus, and S10e in the U.K.

The Samsung Galaxy S10, S10 Plus, and S10e have all been officially announced and can be pre-ordered right now, with deliveries expected on March 8. If you're in the U.K., this is where you need to go to buy one.
Product Review

Yuneec’s Mantis Q will make you wish you bought a DJI drone

Yuneec’s high-end drones are arguably the ones to beat in terms of flight control, design, and their photographic capabilities. But the company has struggled to make a low-end drone that’s worth buying, and the Mantis Q is proof of that…
Smart Home

Miele stuns KBIS 2019 with wireless probe, self-descaling java pot, and more

Miele rocked KBIS 2019 with waves of new appliances and features. The annual Kitchen and Bathroom Industry Show is all about product launches and Miele's appliance reveal was like New York Fashion Week with a single designer.
Smart Home

Amazon’s wall clock is back on the market after Bluetooth snafus

Amazon's Alexa-enabled Wall Clock was a minor disaster when it was finally released in December because of widespread Bluetooth connectivity challenges. After some tweaks, it's now back on sale for $30.
Smart Home

The Nest Secure included a microphone no one knew about — except Google

The Nest Secure home security system has had a microphone this entire time that no one knew about, except Google. The company claims the mic was never turned on, but customers are outraged.

From folding phones to 5G -- here's everything we saw at Galaxy Unpacked

Samsung's Galaxy Unpacked event treated us to a real parade of technological excellence, from folding phones to new fitness wearables. Here's everything we saw at Galaxy Unpacked on February 20.
Smart Home

Leviton’s Wi-Fi Load Center and Smart Circuit Breakers give your home a brain

Is your home ready for a brain transplant? Adding individual smart plugs is quick, easy, and inexpensive, but the benefits are limited to one plug at a time. Leviton's Load Center and Smart Circuit Breakers can give your home a brain.
Smart Home

GE Appliances shows off wall oven with built-in air fryer, food dehydrator

GE Appliances is taking the air fryer trend to its logical conclusion and adding one to a wall oven. The company's new oven, on display at this year's Kitchen and Bath Industry Show, also includes a food dehydrator.
Smart Home

Google Home vs. Amazon Echo: Which one is better for you?

What happens when you compare the Google Home vs the Amazon Echo? Both smart speakers have good qualities, but what happens when you compare they're features side-by-side? We think one of these smart gadgets wins over the other.
Smart Home

OK Google, what else can you do? The best tips and tricks for Google Home

The Home functions in a similar fashion to its main competitor, the Amazon Echo, but has the added benefit of select Google services. Here are few tips to help you make the most of the newfangled device.
Home Theater

Reasons not to mount a TV over your fireplace (and other helpful tips)

Mounting a TV above your fireplace may be popular and it might even seem appealing, but we have some concerns. We've got a list of reasons why placing your digital picture machine over a fire should be avoided, if at all possible.
Smart Home

Colored fridges are back, baby! GE’s new appliances revive the 1950s trend

GE Appliances is coloring us surprised at KBIS 2019 by introducing new hues for its signature Cafe line of smart home appliances including four new hues launching this fall to complement its black and white options.