Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS
There’s a vision held by the world’s largest online thrift store where you can buy and sell high-quality secondhand clothes — a healthier and cleaner world…
Anthony Marino, President of thredUP, joins Rob Sanchez on location in Palm Spring, CA at eTail West.
In this episode:
- How thredUP has changed over the years
- Buying used clothing online
- Offering 25,000-35,000 brands
- A managed marketplace
- Suppliers, and trying to take weight off our shoulders—how they get sent a postage paid bag, and then receive money for the pieces they provide
- Why there is not a whole lot needed to attract suppliers except to make it more and more easier
- Making thredUP different is the brands they carry
- The Instagram generation of shoppers—how people don’t want to be seen in same clothing many times, with a record on their feed
- Considering that suppliers don’t want to be conspicuous
- A vision of a healthier and cleaner world
- How the thredUP platform is made for an evolution of brands to capture more unused items to be purchased
- Value prop – when you’re done with a piece of clothing, you’re not stuck with it
- How thredUP takes items that have very little attribution and gives them value.
- thredUP has a no data problem—it actually has to create data
- A hybrid of computers and people—key a piece is getting info to shopper to make it easy
- Many customers are millionaires——shoppers are shopping for different reasons
by 