Gen Z knows how to hustle — a stellar example is their take on the modern thrift store: Depop.
Depop is a social shopping app recently acquired by Etsy for $1.6B. The firm makes money by taking 10% of all sales on its platform.
Gen Z has flocked to Depop for its ability to mint teenage millionaires and help others pay for college simply by flipping vintage items.
… which is partly why the app has grown so fast.
To have a chance at success, sellers need to nail 3 skills:
Top sellers are hand-picked by Depop, and offered extra support and promotion in the app.
To qualify, sellers need to post 4 consecutive months with:
Marketing products, managing orders, and shipping items means Depop can be a grind
Some sellers say it’s impossible to succeed without being on your phone for 8+ hours a day (which doesn’t exactly sound like a side hustle).
That said, if you’re cleaning out your closet anyway, it may be worth creating a shop and seeing what happens.