We are so excited that you are looking at your closet as your money making asset! Here are simple steps you can take to become a top Lender.
Investing in the Right Pieces
Invest in pieces that are in demand right now, here's how:
Join our Investment Forecast for monthly updates and insider lending stats. Subscribe here.
Check out the ISO (In Search Of) highlight on Instagram, we keep this up-to-date with all the current pieces our Borrowers are searching for.
Reference our Most Borrowed edit to see what pieces and brands are being Borrowed back to back. Pro Tip: check which sizes we don't have, and submit those sizes to the shared wardrobe! Increasing our size variety is what helps Top Lenders stand out.
Optimizing Listings
Write a stellar Lender Note
Your Lender Note should include in-depth information about how the item fits YOU, your sizing and body shape, how you like to style the item, how you feel in the item, and anything else you think the Borrower may need to know. This is where the Borrower will decide if an item will fit them or not so including a great Lender Note is imperative to getting Borrows. Pro Tip: Our data shows pieces with detailed Lender Notes tend to get more Borrow Requests.
Include Lender Photos
Submit clear, high-quality photos of yourself wearing the item. Avoid submitting images of other people or mirror selfie photos. We want to see as much of the item as possible!
Price it Right
When submitting an item, Bipty suggests a Borrow price. You may choose your own Borrow price but make sure it’s within reason given the retail price.
Increase your Lender Rating
A Lender with high ratings...
Responds to Borrow Requests quickly.
Ships their piece out early or on time.
Ships clean items, free of any smells or imperfections.
Includes a handwritten note.
Doing this will show that you are a dependable Lender incentivizing us to promote your wardrobe on socials and prioritize your pieces when communicating with Borrowers.