Flip your clothes using social marketplace Threadflip

I like the concept of Threadflip.  It is a social marketplace where you can sell your old clothes and accessories, and browse for fashion that suits your style.

Threadflip is:

‘is an exclusive and unique social marketplace designed to let you refresh your closet in a few easy steps. Sell the items you no longer wear, or share your own designs. Use your credit to shop the closets of your favorite designers, collectors, bloggers and friends or just cash out! Here’s a glimpse of what other fashionistas are flipping on Threadflip’

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As a start up, Threadflip relies on investors, and has just secured a $1.3 million round of investment. It competes with other social shopping sites such as Poshmark, and eBay.

It is currently available to buyers and sellers in the US only, but has plans to increase its reach worldwide.

Users can sign in with Facebook, upload images of items that they would like to sell.  If the item is sold, the seller then ships the goods to buyers.Threadflip takes 15 per cent from the sale of each item.  if you have not time to do the selling yourself, Threadflip offers a white glove service.  They take care of the sale for you, and send you the cash from the sale.

You can state your fashion preferences and shoe size to ensure that all of the images you see are of items that you would like to buy.  You don’t need to search for the items, the items find you.The feed, which looks a lot like the Pinterest feed, shows who has liked the items, and comments for each item, and you have the opportunity to follow people who love, comment or purchase goods. ught,

One of the great advantages of social marketplaces is that buyers can share information about items that they intend to purchase, or have already bought.  The concept is like a collaborative swap meet, you sell and buy from people with same style as you.  Its a good idea – especially for female netizens who like to shop and share online.

Hopefully international commerce will be opened soon – I have my eyes on several items already Smile

 

Eileen is a social business strategist, ZDNet columnist and author of Working The Crowd: Social Media Marketing for Business. Contact her to find out how she can help your business extend its reach.