Selling to Plato’s Closet as a Reseller in 2023! Tips for bigger buyouts.
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- Опубликовано: 4 июл 2024
- Tips for resellers looking to sell to Plato’s Closet. Practical advice and how I make quick flips utilizing local buy/sell/trade stores and the goodwill outlets.
I’m Christin, a full time American reseller on my way to Sydney, Australia. Come join my journey: reselling, keto, life. This is the second week in my moving series where I’m learning to Liquidate my online resale shop and get as much money as possible to relocate from Seattle to Sydney. Poshmark /. eBay / Mercari / Kidizen sales, Plato’s Closet and Crossroads Trading, ThredUP , Garage Sale and minimizing to move videos and updates all coming!!
#fashionreseller #onlinereseller
#poshmarkreseller #binsthrift
#goodwillbins #goodwilloutlet #platoscloset #clothingreseller 
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Would you give it a go??? This is my new favorite addition to online reselling.
I sold to Plato's closet for the first time about a month ago and was SHOCKED when they offered me $178 for around 50 items. These were my bottom tier inventory that I had gotten for free and have been sitting in my Posh closet for the last 3 years, I was so glad to see them go! I decided to purge more. We have a Style Encore currently buying to open up a new store and I took them 9 boxes/totes of my stale inventory. They paid me $978! $978?!?!?!?! I'm still not over it haha and am currently downsizing my closet once again because why wouldn't I? I will absolutely be adding buy/sell/trade stores to my regular business practices!
We just got a PLATOS closet❤❤❤I have five closets full of clothes and boots and purses and more❤❤❤thank you for this video!😊😊😊😊
I hope you have great success, what a way to kick off 2024 yay!
Another thing I am always mindful of is which stores do I think price their items high. $15 H&M dress isn't a terribly good deal but for the person who sold it, they got 4-5 dollars for that item. So for me, I shop at the Plato's about 10 minutes from me, but I sell to the one across town.
Plato's also tends to take anything with tags on it so anything NWT I find at the bins, I grab.
Can’t go wrong with new with tags, that’s the best bins price pickup!
Great idea! Thanks!
this is great and helpful, thank you!!
Thanks for watching and taking the time to comment, it means a lot!
Thank you! Great idea!
Thanks so much for watching! I hope you have great success if you give it a try!
I really appreciate these tips !
Hope they help you, thanks for watching!
great info! nice to know some of those pieces are being saved from the landfill :)
Great tips! Very helpful breakdown of the steps.
Thanks so much!! And I appreciate you taking the time to comment, it means a lot :)
Wow! Amazing information! Thanks! Good luck in Australia.
Thanks so much! I appreciate your comment :)
Great information thank you 😊
Thanks for watching and taking time to comment, I appreciate it!
Great video and a great breakdown! I’m glad I met you (virtually) and I look forward to more from your channel!
Thank you so much! And same, that listing challenge has been fun - see you there tonight!
Awesome video thanks for sharing
Thank you for watching and commenting! It means a lot :)
Thhank you for this video!
Thanks for watching :)
I am just about ready to try and clear out my inventory like this!! I cant believe you're moving to AUSTRALIA! cant wait to hear more about that. these were great tips thanks for sharing
Thanks so much and good luck to you at Plato’s!! Australia is so far fantastic but lots to learn in my new reselling ventures, hits and misses happening daily!
Wonderful video! I pass on so many fast fashion items at the bins that are so cute. I’m going to give this a try! Good luck with your move!
Thanks so much and I wish you good sales from bins to Plato’s!! It’s been a great addition to my business and hey, you’re already at the bins so why not :)
Fabulous video and information! Also well done on your seriously IMPRESSIVE receipt! 🎉❤
Thanks so much! 😊 I love trying to beat my high score, I mean, make as much money as possible hahahaha! And it’s much more fun with you!!
Wow-I agree with you that this is definitely a great way to make some quick cash! Though I know they don’t resell for much online, I can’t resist a cute mall brand at the bins, especially if it’s new with tags! I haven’t tried to sell at Plato’s for years, but with your awesome tips, I might have to give it another try! Thank you for sharing!😊
Thanks for the video
Thanks for watching!
Great video.... I have made platos a challenge... Thanks for all the tips...Headed there soon.
I hope you make some fast flips and thanks for watching!
Hello Christin! I found you on today's 'Let's get listing" youtube show w/ Angie Resells and Rural Squirrel! I just subscribed and look forward to watching all your videos! You shared some incredible tips..I, too take advantage of a local large BST Consignment Store.
Thanks for the follow, watch, AND comment!! Super appreciate the love from the reselling community, and hope to find it’s a global thing too! See you around :)
Very interesting
Thanks for watching!
thank you! I’ve never gotten an itemized receipt when selling at plato’s. I always did just my old clothes but now that i’m getting into reselling I definitely want to know how much I made on each item
Good luck with your reselling and thanks for watching and leaving a comment!
Thank you so much for the info. I have only known of consignment stores where I leave my items and only get paid if they sale. I did not know taking them to a place where they buy my items outright is a possibility. Maybe this isn't as available in my area, or maybe I just wasn't aware
Thanks for watching, Tammy! If you find one nearby I hope you are able to make some quick flips!
I do well with As We Grow, a children's BST, but never do well with Plato's. I've even tried calling ahead to ask what they are looking for. But, the two in my area are so overstocked they only take a couple things they thing will do really well.
That’s too bad, is it too many sellers but not enough shoppers? They keep the racks full at my location but there are shoppers and sales every time I go in. Across from the mall makes it easy for shoppers who aren’t old enough to drive too!
Thanks for the tip! Imma sell some
Clothes tomorrow
Good luck!!
@@WellREDWardrobe sold 8 items for $25. And then went back and sold 14 more for $65.
I ended up going twice. First time I made $25 and change and second time I made $30 and change. Sold like 31 items. Eh
I’m just leaving Plato’s. You’re right. They only take juniors and teens clothes. And only 18 months in fashion dates.
What are these bins you speak of?
Why Yes Hello 🤘Veronika mit K & Glamma sent me to say Hello an light up that 👍
Patrick with the good voice!!! Hi new friend and thanks so much for the comment!
I guess Plato's closet is going to get busy this week lol.
What do you do when they ask for your tax identification number because you sold too much?
How many hours are you spending at the bins versus the profit you are making selling to them? Are you at the bins for eight hours to make $100 in profit for example?
Great question. I was spending 1 morning a week at the Bins to source for ALL of my items to be listed online for the week, so roughly 4 hours, and while I was there I started to keep an eye out for items that could flip same day or next week to the Plato's. I would never go sourcing with the intention to only find items that gain a low profit, though that might work for some who have goals that align with that model, I was instead making more use out of my hours already there by diversifying my platforms based on what inventory was already showing as available. Prior to discovering Plato's, I would pass on these fast fashion lower end and mall brands in most cases, and they are prevalent in the bins location I I most frequented. I hope that makes sense now when I say I could source for 4 hours and make more than what the Plato's profit would be, that is just an immediate flip requiring little investment (of money, time, or gas) and put more cash back into business while longer online flips were processed.
I just question the “going straight to Plato’s” from the bins. Is that literal?
I’m wondering about whether you launder the items first.
I do not launder all items, no. If it needed a stain treatment, repair, or was too good to pass on even with an odor then yes it goes home and gets special treatment. Buy Sell Trade stores have a policy against stinky clothes, so everything I brought in passed that test, and they steam the items as the hang. Thanks for watching and for the ask!
@@WellREDWardrobe thank you for the quick response!
How did you get a copy of Plato’s binder can I get a copy from my Plato’s?
I let them know that I was a reseller and wanting to bring in the items they are currently looking for, and they handed it over so I could snap a photo! I did this regularly and sometimes they’d alert me that their needs (and the list) had been updated before I remembered to ask. I would definitely ask yours, the worst that can happen is they say no.
which tags do you cut?
I only remove thrift tags but leave any store tags, new items from Target for example are sold off to Goodwills in my area - keep Target tags, remove Goodwill price tag. (If you’re asking about the inner tag with year made, I don’t bother, I just don’t try to sell them anything older than 3 years, style usually gives it away) Thanks watching!
What do you do with the items that Plato’s doesn’t take?
Lots if options depending on brand ans season. If its a brand that can be sent in on consignment I mailed to ThredUp. I also sell online across the various platforms. Other resale shops in the area may take what this location didn’t, or same location may take in next week if flaws have been fixed of if their needs have changed.
I have hundreds of beautiful purses I have taken them in and was shocked the horrible offers for my Michael Kors ,Coaches ,Kate Spades , I wish I could find a reseller in Southern California that could just buy them all As I am 84 and do not get out so they just sit here .
Sorry to hear that! Their payouts are not big because they also keep their prices lower, especially when located near a competitive area (like a mall) or in a university area where customers have smaller budgets. They pay upfront instead of on consignment which is usually a smaller payout because they also take the risk of it not selling. Finding a reseller to work with sounds like a good idea! You can expect to take home 40-50% of profits if working on consignment from my experience, and you can ask that prices not drop below a certain price point when negotiating with your reseller / consignor. An upfront buyout will be less, but you can get all items gone at once and have the cash in hand. Good luck to you!
@@WellREDWardrobe No they have bad purses tore up selling for over a $100 mine are in excellent condition Coach ,Michael Kors and not MiChael Michael ....Versage ,Even a LV They tried to offer me $8 each they are aful
@@WellREDWardrobe Guess I will sell at yard sale for $25 each cheaper than them and even Goodwill
Plato’s is not the right place for designer bags. Maybe try clothes mentor which is for an older group. The young people prefer shein bags
I thought they want you to wash all your items before bringing it in???