Resale Jargon

Although selling used clothes is a fairly common concept in other countries like United States, UK, Australia etc., it is a new and unique concept for us Indians. And we at Sharewardrobe, often get asked what do the words, “Consignment” and “preloved” actually mean. Since Sharewardrobe is based on a consignment model that helps women in India sell their gently used preloved clothes, shoes, handbags and accessories, we thought it’s time we explain the resale jargon as well!

Let’s take a quick look at what terms like consignment, preloved etc., mean. If you are familiar with the preloved way of selling your gently used clothes, check out our guide to “How to make money selling used clothes in India”.


1. Consignment 

Consignment is the act of consigning or the act of giving over to another person or organisation, custody or care of any material or goods but retaining legal ownership until the material or goods are sold.

As such, Sharewardrobe operates on a Consignment store model – where sellers send us their gently used fashion and we sell on their behalf. And unlike a cash-on-the-spot model, where you end up getting paid pennies for your pretty clothes, consignment model offers a much higher return for your items. Seller gets the sale amount once the item is sold.
 

2. Consignee 

In a consignment model, the person or organisation who sells your items on your behalf is called the consignee.
 

3. Consignor 

The person who sends their items for selling to a consignment store like Sharewardrobe, is called the consignor. The seller or consignor maintains the legal ownership of the goods sent for selling.
 

4. PreLoved 

Pre-loved clothes are clothes that were loved before. Preloved items are not secondhand items but can be differentiated by the fact that they are still fashionable, gently used and in excellent condition and as good as new. Preloved items are loved, not used.

Preloved

5. PreOwned 

Items that had a previous owner. Prowned items are better than secondhand items but still not same as preloved clothes, as they don’t necessarily indicate whether they were cared and loved for. (Yes, we take words very seriously here at Sharewardrobe! 🙂 )

 

6. Second-hand Clothes 

If you, like us, grew up in the 80’s in India, you’ll remember a guy carrying utensils and other household items in a woven basket on top of his head making rounds every Saturday/Sunday morning. His loud call would have older women in the house scramble to find worn-out, tattered clothes in the house. That t-shirt you used to play holi last season? Your elder sister’s frock that no longer fit you any more? The torn skirt that even your cousins refused to take? And any other hand-me-downs from other siblings, all those were wanted by this man, who in return, would give you small kitchen or household items like tea strainer, tiny steel bowls or even a small toy.

At Sharewardrobe, second-hand clothes mean clothes that have expended their purpose and have outlived their lifetime as a “garment”. These are well-used, worn-out clothes with clear signs of wear and damage that are not fit to be transferred to another owner. As such, secondhand clothes do not even make it pass Sharewardrobe’s first quality check-post.

 

Thrift Store Image
Thrift Store

 

7. Thrift Stores 

A thrift store concept comes from countries like United States where these are actual brick-and-mortar stores where one can donate their used clothes and household goods to raise funds for a church or charity. Goodwill is an example of thrift store in the United States.

 

Did we miss anything? Let us know in the comments!

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