Interest on Google for “thrift store near me” is higher than ever.
So it’s no surprise that Depop, which is basically the internet’s thrift store and Gen Z’s go-to fashion marketplace, flourished during the pandemic.
Last year, Etsy bought the company for $1.6B. But despite Depop’s rise, some of its most successful sellers are leaving the platform, per The New York Times.
Depop offers users an Instagram-like experience:
While the app is free for shoppers, sellers pay Depop 10% of their total transactions plus transaction fees. Those fees are one reason sellers are moving elsewhere.
Another reason is that while Depop may look like Instagram, it ain’t. Sellers say it’s difficult to move beyond a transactional relationship with customers on the app.
A variety of places, including:
While it may seem concerning that sellers are moving off the platform…
Peter Semple, Depop’s chief brand officer, says that successful sellers have always used Depop as a launching pad, and that when they leave, it attracts new designers to the app.
Some established sellers continue using Depop to get in front of new customers but diversify their efforts with other platforms.
Plus, there are perks to staying on the app. Five lucky sellers got to put their designs on display for a massive digital audience thanks to Depop’s recent collab with “The Sims 4.”