SELLING BAGS WHEN THE LUXURY RESALE MARKET IS DEAD: how and where.

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SELLING BAGS WHEN THE LUXURY RESALE MARKET IS DEAD: how and where.

Рет қаралды 8,834

Amelia Rose's Closet

Күн бұрын

Пікірлер: 74

@cathydavis8212 9 ай бұрын

This is a normal market. The inflated prices of recent years was a bubble. This is what happens when a bubble bursts.

@rosannagomez8040 9 ай бұрын

Like the 19 in black?

@Vasalyn 9 ай бұрын

@@rosannagomez8040In the preloved market in the FB groups, I see them still around $5000 USD (give or take).

@Vasalyn 9 ай бұрын

@@rosannagomez8040There's 1 in the FB group now for $4300 for black Friday sale fyi. I would buy it but I have too many black bags and want a beige Chanel 19 instead.

@HandbagDiva 9 ай бұрын

I don’t agree with that, the resale market will come back

@654ujala 9 ай бұрын

I agree. During the pandemic I sold a lot of bags, it has definitely slowed down.

@jaks_bag_attack 9 ай бұрын

I have always lost money but i view it as anything back is better than the 100 percent loss of the money sunk into a bag your not using

@ea1420 9 ай бұрын

I agree. If I can get 50-75% (depending on condition) of the original value then I take that as a win. It makes me more money than sitting in my closet collecting dust.

@AnUrbanGypsy 9 ай бұрын

Which is how it always has been until the past couple of years of over inflated prices.

@ameliarosescloset 8 ай бұрын

Such a good way to look at it

@DaylesAddiction 9 ай бұрын

Who would have thought pandemic would drive the luxury resale market 🤣🤣🤣 now here we are back at normality!

@ameliarosescloset 8 ай бұрын

Very true, it definitely created a bubble!

@NIGELNOTRENDS 9 ай бұрын

I think lux brands heavily increasing their prices has also slowed the market. You can't reap huge profits on the resale market off hot items when they're so eye-wateringly expensive in store. Like the LV xmas animation SLGs used to sell out almost immediately online and would end up on the re-sale market for twice the price. Not any more

@ameliarosescloset 8 ай бұрын

I do agree with that, some of the price rises are crazy

@user-pz7vl1pu9f 9 ай бұрын

I put a celine on poshmark and i was getting offers ... $300; $275 etc. I just do not think any of this is a good investment. Buy what you want to wear and love not to invest in.

@ameliarosescloset 8 ай бұрын

That is crazy low

@AnUrbanGypsy 9 ай бұрын

Thankfully never felt the need to sell but I have bought from Connor at Conrad’s Closet several times and I think if I was to sell a bag, it would be that way. I’d hate the stress of it all! Let the professionals handle it.

@ameliarosescloset 8 ай бұрын

Agree with letting professionals deal with it!

@mrqzbelle 9 ай бұрын

I just sold a tweed Chanel bag through a buy out with an online consigner because it was on several sites for almost a year without any offers that would give me more money than the buy out. So sometimes it’s better to do a buy out.

@ameliarosescloset 8 ай бұрын

I think that’s a great option

@livingluxwithmeredith 9 ай бұрын

The market is so dead at the moment! But great advice to all those who are trying to sell.

@ameliarosescloset 8 ай бұрын

Thank you my love x

@sanciawest5428 9 ай бұрын

Honestly, I wouldn’t even mention eBay as an option. They are so heavily geared towards the buyer that it’s just too risky as a seller with designer goods. Sellers are just told to refund buyers under the most ridiculous circumstances and I’ve known sellers who have ended up with no bag and no money. It’s fine for inexpensive items but not for individual sellers with high value items.

@654ujala 9 ай бұрын

I have been selling my handbags on ebay for the last few years and I disagree. I have rarely lost money on reselling via ebay and have profited on certain brands like Chanel and goyard. I had an issue with a dishonest buyer once and ebay sided with me. As long as you follow their policies, you should be fine. I have not found it risky. I recently resold a goyard bag and recovered all of my money where as fashionphile was offering me 30% less! For me, ebay has been great!

@AnUrbanGypsy 9 ай бұрын

Has this not been resolved since luxury goods now get sent to an authenticator who sends it to the buyer after authentication?

@654ujala 9 ай бұрын

@@AnUrbanGypsy yes! eBay is the best platform to sell your handbags!

@ameliarosescloset 8 ай бұрын

I definitely welcome ebay now having an authentication service

@lovepchan 9 ай бұрын

Yes, this is crazy. I just got a quote from Rebag for a Chanel vanity case. I bought the bag in 2021 for $5000 before tax. Guess how much they offered for that bag? I could not believe my eyes when I saw the number. $1675 is their buyout price.

@ameliarosescloset 8 ай бұрын

This is crazy!

@Bdhstl95 8 ай бұрын

Don’t deal with Rebag

@konanicole 3 ай бұрын

That’s better than they offered me for a $5k bag that they less than $900 … and it’s in pristine condition and on their “most wanted” list!

@BubblyAlexandra 8 ай бұрын

Sometimes it’s good for buyers but now it’s harder to find a variety of bags because people are holding off to sell too.

@ameliarosescloset 5 ай бұрын

That is very true

@YosheaLux 9 ай бұрын

I can't imagine which bag as of now you would even want to sell. All your bags are stunning. Love seeing all your eye candy behind you. Have a wonderful weekend.

@ameliarosescloset 8 ай бұрын

Oh thank you!

@crustyrash 9 ай бұрын

I guess it’s a good time to buy.

@ameliarosescloset 8 ай бұрын

I think so

@thomastalks3841 9 ай бұрын

I feel the luxury car market is in a similar situation now

@ameliarosescloset 8 ай бұрын

Has the car market slowed down?

@lv_lover3393 9 ай бұрын

I think ive been quite lucky with selling but I don’t like selling it has definitely made me really think about my purchases ❤

@ameliarosescloset 8 ай бұрын

Selling isn’t my favourite thing to do either!

@cazluvsbags 8 ай бұрын

Great advice..I have sold a couple of bags with Vestiaire ..and it’s true buyers offer really low prices..patience pays off tfs

@ameliarosescloset 8 ай бұрын

So true!

@styleiteverywhere114 8 ай бұрын

Hermes is easy to sell now.vintage chanel as well.other than that,other brands are slow.

@ameliarosescloset 5 ай бұрын

Very true

@lauriekucic6170 9 ай бұрын

Ive gotten 75-85% used bags. I go between fashionphile and rebag

@ameliarosescloset 8 ай бұрын

I love fashionphile!

@luxuryandlifeinthemiddle 9 ай бұрын

Great video Amelia. Definitely different times now for sure!

@ameliarosescloset 8 ай бұрын

Over the luxury bubble!

@carrino15 9 ай бұрын

Im so happy i got my Valentino half price, 3 of them. I missed our on Lady Dior ( but it has its quirk) and Chanel and in a way LV.....even picotin from Hermes is almost considered a quota bag now. Selling bags is stressful 😭.

@ameliarosescloset 8 ай бұрын

It is stressful!

@JP-kl1mj 9 ай бұрын

Hi Amelia. Good info. I hope you're having a good weekend 💗

@ameliarosescloset 8 ай бұрын

Thank you so much!

@JP-kl1mj 8 ай бұрын

@@ameliarosesclosetyou're welcome

@tara_nguyen 9 ай бұрын

LV is the worst. Just bc retail prices are high doesn't mean their old items are worth more, esp with dirty vachetta.

@ameliarosescloset 8 ай бұрын

Agreed

@soniapb7456 9 ай бұрын

I hear you! But why do sites like fashionphile and realreal have used bags that are still available new for almost retail?

@654ujala 9 ай бұрын

People have more peace of mind purchasing from a business than an individual seller. I have bought from FP but will only sell on eBay. It’s really not much hassle to upload some pics and write a description…but I have done this quite frequently. I can understand that someone who is not used to selling, lacks a seller history would find the process of selling overwhelming.

@ameliarosescloset 8 ай бұрын

They do at times, i’ve noticed that

@cathkirkers 9 ай бұрын

I have a large ysl bag unused I'd love to sell but no idea what or where to start

@ameliarosescloset 8 ай бұрын

a consignor may be a safe way to go

@MrsSparkle 8 ай бұрын

Thanks for sharing, great video.

@ameliarosescloset 8 ай бұрын

Thanks for watching!

@lolipena8051 9 ай бұрын

i've been wanting to sell my medium chanel 19 in pink tweed in excellent condition. however i have yet to pull the trigger because i know this is not a sought-after bag. i will not be getting what i paid. also, i have yet to even use it. i will patiently wait and see how the market is next yr.

@ameliarosescloset 8 ай бұрын

Everything goes in cycles, it should come back up

@Seemstobereal 9 ай бұрын

I have sold just one bag so far and lost 1/2 my money but it wasn’t a popular bag..I wouldn’t sell anything that I remotely love coz it’s too much of a loss 😢

@ameliarosescloset 8 ай бұрын

It definitely makes me slow to sell as well

@cindyphan16 8 ай бұрын

Hi! I've been wanting to purchase my first luxury item.. But I'm struggling between buying either a bag or RTW pieces (outerwear like coats jackets blazers). What would u suggest?

@ameliarosescloset 8 ай бұрын

which will you get the most wear out of it, you don't want your first piece to be more in the closet than with you