Vinted account: the best strategy for buying and selling

Benefits

• Easy management : It's easy to manage because everything is done through a single account.

• Compliance with the General Terms and Conditions : You will be in good standing with Vinted and its GENERAL TERMS AND CONDITIONS.

• Total number of positive opinions : You will be able to combine the opinions of your purchases (generally, they are always positive) as well as the opinions of your sales. The more reviews you have, especially positive reviews, the more credible you are as a salesperson.

Disadvantages

• If you buy a product with the intention of selling it again at a higher price as soon as you have it in your possession, there is a risk that the original seller will sell it at a lower price. note. In this case, it could assign you a negative opinionor even notify you à Vinted. It should be noted that some users have been banned of the platform because of repeated reports from other members.

• It is advisable to maintain a certain anonymityThis is because the practice of buying and then reselling at a much higher price can be perceived as unpleasant by the original seller.

• The solution remains, even if it is an inconvenience in terms of time, to resell the product purchased 1 to 2 weeks later.

Benefits

• By choosing this option, you'll be playing in a different league. Because having a business account gives you a other imageIt gives you a different kind of credibility, and also brings you other benefits. constraints.

• By becoming a professional, you have the opportunity to create and sell your own brandYou can sell second-hand products, vintage goods - in short, anything you like. On the other hand, you should avoid new products with labelsThis is because Vinted's policy remains the resale of second-hand products and not a classic marketplace for the sale of new products. There are many professional Vinti(e)s who sell products "in very good condition" where you can see the label. This is a technique for slipping through the net, because Vinted blocks the accounts that make commercial resale of new products. It remains to be seen whether this will continue over time.

• You can combine a personal account with a business account. Your private account can be used to buy products for resale on the business account.

Disadvantages

• Le professional status on Vinted requests a SIRET (microenterprise, sole proprietorship) and you must of course declare your turnover to Urssaf.

• A business account offers buyers a number of advantages, including the 14-day right of withdrawal. This has two consequences for a professional seller:

• Le possible return of the product without justification from the buyer. On a normal account, it is rare for a buyer to request the return of a product unless there is an error or the product does not conform to its description. Returns are always annoying, because it means that you have to put the product back on sale and reimburse the buyer so you have to wait for the product to be returned. In terms of time, you need to allow for 1 to 2 weeks.

• The second consequence is that the payment will be validated and available for withdrawalafter the 14-day withdrawal period has expired. Waiting 14 days to receive the revenue from your sales can be a long wait for some people.

Benefits

• Buying on one account and reselling on another makes you totally incognito and you don't have to wait to resell the product at a higher price.

• La management is also easier, because you have your own expenses account and your revenues on another. I would still advise you to list and track your sales in a table Excel. You can download one here.

Disadvantages

• Having two accounts on Vinted is forbidden and this is mentioned in their GENERAL TERMS AND CONDITIONS. In my own opinion, and therefore to be taken with a pinch of salt, I think it's mainly because Vinted calculates the revenues for each account and must declare to tax authorities when turnover exceeds 3,000 euros or 20 transactions. Since you will only be using the buyer account for purchases and not to make a profit, I think that the risk of being banned is therefore less. If you choose this option, make sure you enter a different payment option from your resale account. You can choose between Paypal, Apple Pay or directly by credit card. In addition, don't make a sale via this account and do not enter IBAN that you use for your resale account.

• To have another account Vinted, you need a other telephone number. If you choose this option, the best thing to do is simply to ask a close friend, family member, spouse open an account in his or her name, which you will use to make your purchases. In this case, there is no reason to Vinted to ban you.