Designer Resale Emporium

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Fashions Fade, Style is Eternal

- Coco Chanel

Selling on Miss Money Penny - how it works

We are an agent connecting Buyers with Sellers and take a commission on the sale. We do not own the goods or handle them. We only take the good designer stuff so our buyers don't have to wade through mountains of average tings to find what they want. they are a discerning bunch!

If you want to sell your gorgeous pre-owned designer gear on the site, this is what you do;
a) Take a photo of the item you want to sell - see photography guidelines below
  • b) Fill out a Selling Form on the site describing the item in detail and telling us how much you want for it. (See Pricing
  •      Guidelines below) We say yay or nay.
  • c) We list the item and sell it for you ( we send you a note telling you where to send it and when it arrives, you get
  •      paid 80% of that sale.
  • d) Items up listed for 3 months and if they don't sell are taken off the site (we always want to offer frresh & new
  •      product to our customers!). You can re-submit the following season if you still want to try.

NB: Miss Money Penny does not charge listing fees rather, she charges a flat 20% commission on the total sale when it sells. The Seller sets the price they would like for their item (see guidelines below). keep in mind that regular consignment stores charge up to 60% commission!! They also don;t have the reach/traffic. Ebay also charrges similar rates and you are competiting with a lot of clutter!

Timing - How long will it take to sell? Miss Money Penny is NOT a clearance or auction site! Your items may take time to find the right home. If you are after a quick sale this may not be the right environment for you - this is a boutique versus a department store!  Some items are snapped up in a week, others take months. You will get better prices though if you have high quality, well priced items.

Snap shot in 5 easy steps

1. Fill out the Selling Form on the site
2. We List the item for you (within 1-3 days) OR tell you it is not accepted
3. We email you when it sells with details on where to send
4. You send it to the buyer
5. We pay you - less 20% commission

In Detail darlings...

How it works

    * Seller takes a digital picture of item (see guidelines)
    * Seller completes 'Selling Form' in the 'Sell My Gear' section.
     * Miss Money Penny accepts or rejects item/items confirming by email.
    * Item is posted to the website (new stock is uploaded twice weekly).
    * Buyer searches by brand, size or category
    * Buyer adds to cart and pays Miss Money Penny via secure Paypal gateway
    * Miss Money Penny emails seller advising them that the item is sold and provide Buyer details for postage
    * Seller posts item to Buyer by Express Post
    * When the item is received the Buyer advises Miss Money Penny via email
    * Miss Money Penny then pays Seller – less 20% commission of total sale amount into Seller bank account as
        supplied
    * NB: Payments to Sellers are made once per week each Friday
    * Bad feedback goes into ‘Social Death’ section on Miss Money Penny site so frequent offenders are identified
    * If you at any time wish to change the price of your item, or ‘unlist’ you can simply email Miss Money Penny and
       she will update this for you as long as it is before a purchase has been  made.

Satisfaction guarantee

  *If you are unhappy with the item you have received from a seller due to it being the wrong fit or colour (not if it is
    damaged - see 'disputes' below), Miss Money Penny is happy for you to re-list the item on the site for the same price
    as purchased COMMISSION FREE.

Clothing & Accessories accepted

    * Only Designer or ‘Brand’ clothing accepted – see brands in our Designers list. If you have something great that's not
       on here just ask. We are constantly adding fabulous brands.
    * Must be in excellent, or at least good, condition and this must be stated in the description
    * Must be less than 3 years old – or a classic
    * No used swimwear, underwear or basic cotton items (like T-shirts, singlets - things that age quickly)
    * Must be dry cleaned or cleaned according to label instructions

Guidelines

Photographic

  •    * The better your product looks, and the more detail you can show, the better chance of selling your item fast.
                  •    * On your digital camera, please photograph item on a white background (a sheet is fine) or dark background
                  •       for light coloured items.
          •    *  Make sure the shot is well lit and shows length of garments as well as any fabric and other detail.
          •    *  Ensure the image has plain background with nothing else cluttering the image.
       * Mannequin is best but hung or laid flat for jeans/pants also fine. Jeans/pants – side-on
           or on body (cropped at waist) look great. (see examples on the site).
       * Show any detail (eg. close ups of lace trim)
       * Set camera to a medium resolution (eg 1024x768 pixels or 200dpi)
       * Deep etched (no background with white space around) is ideal if your camera has  an editing program to do this.

    Good image                                            Not so good image

    Pricing your item

        * As a general rule, start with 50% of original purchase price if the item is near new or still has tags.
           For gently worn items in good condition, around 25% of RRP is advisable. This may vary from item to item and is
           up to you the seller. You set the price but the more realistic for the buyer the faster you will sell. If your item is not
           selling you may revise the price at any time by advising MMP via email. If the item has been on the site for 90 days
           and has not sold, it gets de-listed. You may re-subit the following season which might be more appropriate.

           Look at the other items on the site as a guide and think about what you would pay for this  
          pre-owned item.

    Payment

        * Buyer adds to cart and pays Miss Money Penny via secure Paypal gateway (a Paypal account is not required)
        * Miss Money Penny advises Seller by email that their item has sold and gives Buyer details to arrange dispatch
        * Seller posts item to Buyer
        * Buyer confirms receipt of item and leaves feedback
        * Miss Money Penny then pays Seller , less 20% commission of total sale amount, into bank account # as supplied.
        * Payments are made each Friday after the item has been confirmed received by the Buyer)
        * Feedback goes into ‘Social Life & Death’ section on Miss Money Penny site. Frequent negative feedback results in
           that Seller being banned from selling on the site.  

    Description definitions

    •    * Good – has been worn, may have a few flaws (which need to be mentioned) but is otherwise in sound structural
    •       condition. Refers mainly to Vintage and older items. 
    •    * Excellent – Has been worn and washed or dry cleaned but retains near original appearance and structure
    •    * As New – probably only slipped on once or twice and you couldn’t really tell if it had ever been worn
    •    * New No Tags – has never been worn but the tags have been removed
    •    * New With Tags – Never been worn – tags still attached
     
    *We do not accept anything in ‘Fair’ condition
    *Any samples, seconds with flaws must be clearly described.

    Postage costs

       * Buyer pays delivery costs which are set rates at the checkout. Buyer chooses Australia or International
          delivery.
       * Rates for delivery within Australia are a flat $12 Express Post envelope or satchel per item (as they usually
           come from separate sellers) . The seller is responsible for any amount over $12.
       * International Postage rate is $24 for Registered Post and delivery is made in 10 days. It is likely that
           international orders could attract a customs fee, tariff and/or import duty applicable to the country of entry. These
          are to be paid directly by the customer and Miss Money Penny is not responsible for these charges.
       * See Australia Post website at www.auspost.com.au and go to Express Post rates.
       * It is essential that Seller uses Express Post in order to track delivery and receipt of goods in order to get paid.

    Sending to buyer

        * Ensure item is dry-cleaned and in the condition you would like to receive it
        * Wrap in white tissue paper and place in a plain bag
        * Add a print out of the Miss Money Penny listing page with item on it and a copy of the Seller note thanking the
           buyer

    Feedback / Disputes /Returns

        * The store runs on the goodwill of the seller. If a buyer receives an item which is not in great condition and is
           unhappy they may supply feedback to appear in the ‘Social Death’ section. Conversely, if you are thrilled
          with your item by all means report in via Contact Us
        * The Buyer is also obliged to be honest – if the issue is not a quality one (eg the size is wrong) then the buyer can
           re-list the item themselves
        * If Buyer is unhappy with item and wishes to re-list – Free Of Charge / No Commission to Miss Money Penny
        * Two Social Deaths and you’re out – no more selling on Miss Money Penny.

    Still have questions? Have a look at our FAQs and if you are still unsure contact us and we'll get right back to you with an answer to your query.

    To Start Selling Click here