Wondering how much cash you can pocket by selling your gently used clothing and accessories at Plato’s Closet? As a formera employee, I’ve got the inside scoop on the resale store’s payment process.
Buckle up and get ready to learn the secrets of making the most money from your unwanted items at this popular secondhand retail chain.
Whether you’re a seasoned reseller or new to the game, this comprehensive guide will equip you with insider knowledge to maximize your earnings at Plato’s Closet.
What Is Plato’s Closet?
Plato’s Closet is a secondhand retail store that buys and sells gently used men’s and women’s clothing, shoes, and accessories.
With over 460 locations across the United States, customers can sell their clothes for cash on the spot! Most stores are near college campuses, but a wide variety of styles are also available online.
How Much Does Plato’s Closet Pay For Clothes?
The amount you’ll receive for your items varies widely, typically ranging from $1 to $70 per piece, depending on the brand, condition, and type of item.
Generally, higher-end brands and items in excellent or brand-new condition will fetch higher payouts compared to lower-end or used items.
The pricing process involves an employee entering the item’s details into the store’s computer system, which then generates two prices – one for the item’s selling price and another for the amount the store will pay you.
On average, you can expect to receive around 30% of the ticket price Plato’s Closet plans to sell the item for. For instance, if an item is priced at $10, you’ll likely receive $3 as the seller.
Plato’s Closet Customer Payout Examples
To give you a better understanding of the payout range, let’s look at some specific examples:
| Brand | Item Type | Condition | Plato’s Closet Price | Customer Payout |
| Old Navy | Top | Good | $4-$6 | $1-$2 |
| Old Navy | Dress | Good | $6-$12 | $2-$4 |
| Free People | Coat | Excellent | $30-$40 | $9-$12 |
| Free People | Coat | Good | $20-$30 | $6-$9 |
| Lululemon | Leggings | New With Tags | $24-$40 | $8-$12 |
| Lululemon | Leggings | Good | $18-$24 | $5-$8 |
| Jordan | Sneakers | Excellent | $80-$100 | $24-$30 |
As you can see, the payouts aren’t substantial, but selling your unwanted items at Plato’s Closet can be a way to make some extra cash, especially if you have a sizable collection of desirable brands and items in good condition.
Plato’s Closet Gave Me An Offer, Now What?
After the employee sorts through your items, they’ll provide you with a quote detailing the total number of accepted items and the overall payout amount.
Feel free to inquire about the reasons for declined items or ask for item-by-item payouts if you’re curious about a specific piece.
At this stage, you can either accept the offer as is, negotiate by declining to sell certain items while keeping others, or reject the entire offer and take all your items back.
Remember, the employee cannot modify the offered prices, as they’re predetermined by the computer system based on the criteria entered.
Plato’s Closet: Cash Vs Store Credit
Plato’s Closet offers the option to receive your payout in cash or store credit. Unfortunately, most locations do not offer any additional incentive for choosing store credit over cash, so the payout amount remains the same regardless of your choice.
Plato’s Closet Accepted Items
Before hauling your items to Plato’s Closet, it’s wise to evaluate their condition. Discard any pieces with stains, rips, or holes, as the store is unlikely to accept them. Ensure your items are freshly laundered, as Plato’s Closet expects clean merchandise.
The store typically accepts trendy, recent items and popular brands from the past two years. However, they tend to steer clear of plain, solid-colored pieces and overly dressy items like formal gowns or dress shirts.
Activewear brands are often a safe bet, as their timeless appeal ensures a higher likelihood of acceptance.
Seasonality And Selling At Plato’s Closet
Surprisingly, seasonality doesn’t play a significant role in determining payouts at Plato’s Closet. You can bring in your winter coat during the summer months without impacting the amount you’ll receive per item.
The primary factor influencing acceptance is the store’s current stock levels for specific item types. To stay informed about any temporary restrictions on certain items, it’s advisable to call your local Plato’s Closet or check their social media channels before making the trip.
Insider Tip: Read A Plato’s Closet Tag
Here’s an insider tip to help you decipher how much Plato’s Closet paid the original seller for a particular item: read the price tag. Let’s use the example of a Wild Fable dress priced at $9.00.
Below the barcode, you’ll notice a series of numbers and letters, such as “0270520002KB0097.” Focus on the last seven characters, in this case, “2KB0097.”
Take the number right before the initials (2) and the last two digits (97), and you’ll discover that Plato’s Closet paid the seller $2.97 for this dress.
This technique aligns with the store’s practice of offering customers around 30% of the intended selling price.
FAQ’s
Does Plato’s Closet Pay A Lot?
No, Plato’s Closet does not pay a significant amount for items. You can expect to receive approximately 30% of the store’s asking price.
For example, if an item is priced at $10, you’ll likely receive around $3 as the seller. While the payouts aren’t substantial, selling at Plato’s Closet is a way to make some extra cash, which is better than donating items and receiving nothing in return.
How Many Items Should You Take To Plato’s Closet? Does Plato’s Closet Have A Clothing Limit?
Some Plato’s Closet locations may limit the number of items or bags you can bring per day, often allowing only one bag per person. It’s best to call your local store and inquire about any such restrictions before making the trip.
How Strict Is Plato’s Closet?
Plato’s Closet has strict standards regarding the condition of items they accept. They will not purchase clothing or accessories that are stained, ripped, or have holes. Additionally, all items must be freshly laundered before being brought to the store.
Does Plato’s Closet Buy Scrubs?
No, Plato’s Closet does not purchase scrubs or other uniform items.
Does Plato’s Closet Buy Fashion Nova?
Many Plato’s Closet locations have stopped accepting popular fast fashion brands like Fashion Nova, SheIn, and Boohoo.
However, policies may vary by store, so it’s best to contact your local Plato’s Closet and inquire about their specific guidelines.
Also Read This Post:
FASHION STYLE QUIZ: QUICK & ACCURATE RESULTS | 2024
Conclusion
In conclusion, selling your gently used clothing and accessories at Plato’s Closet can be a lucrative way to declutter your closet and earn some extra cash.
While the payouts may not be substantial, they can certainly add up, especially if you have a sizable collection of desirable brands and items in good condition.
By following the insider tips and guidelines outlined in this article, you can maximize your earnings at Plato’s Closet and ensure a smooth, hassle-free selling experience.
Remember, preparation is key – assess your items, familiarize yourself with the store’s policies, and approach the process with realistic expectations.
