Is Nifty Worth it for Reselling?
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If you’ve been in the reseller community for awhile, I’m sure you’ve seen a ton of creators talk about how much they love nifty by now. I sure have, and I was instantly skeptical to be honest. Because right after they recommended it, there was a referral link to their affiliate code.
I’ve been blogging and content creating for awhile. I know how much stuff can be pushed just because there is a great referral system for it. I’ve fallen for it myself for some products, only to be disappointed by the hype.
This article will answer what the best features of Nifty are, how it compares to its competitors (mainly Vendoo, which I have personal experience with), who Nifty if right for, and if I think it is actually worth the price per month.
Full disclosure, to not be a total hypocrite, I will also be providing my referral link and code here. Because if you don’t have time to read the whole article, I will be recommending it for certain people and business models. Jump down to that section if you’re on the fence and have already done some research on Nifty.
You can use code WFHS15 to save 15% off your first month of Nifty.
Why Trust My Opinion On Nifty?
I mean, I’m just a stranger on the internet, right?
I’m a part time reseller, full time stay at home mom. I have been reselling for the last 7 months and have experienced the growth and maintance phase of this business. I now make a decent side income from this, and you can see my metrics below:
I think most importantly above, is that I’m just a normal person trying to make this business work for me on the side. I’m not here to sell you courses, and honestly this is a little off topic from what I normally write about (see numerous homesteading and recipe posts on this blog).
I only want to spend money on things that will actually benefit my business and my family, not just something I can try to convince others to buy. With that, let’s talk about Nifty!
What Are the Best Features of Nifty and How Does it Compare to Vendoo?
There are a ton of great features in Nifty, and I’m not going to touch on all of them here. I really want to discuss what I use daily and why I’m liking using it so far.
By far, the best feature in my opinion is being able to list directly into nifty on your phone, and cross list at the same time. When I was using Vendoo, I had to cross list on my computer. I believe you could list directly into Vendoo, but again it needed to be on the computer.
As a busy stay at home mom of three kids 4 and under, I don’t get a lot of time to sit on the computer to list my items. I really like the option to list on my phone, especially when I’m nap trapped or nursing.
The interface is really easy to use via phone web browser. I thought when people mentioned that, it would be clunky and hard, but it feels like an app. It’s super user friendly.
I really like the feature of listing that it will auto-fill your cross posting fields with just one click. It does require an “AI Credit”, which at the time of this posting is 500 for a base subscription.
When I had Vendoo, much of this was still manual, even with their autofill.
Another feature I am really loving is the auto delist and relist feature. I have already made many sales on things that we relisted by nifty on all of my platforms. Vendoo also had a de-list and re-list feature, but you had to do it yourself. Again, as a busy mom, anything I don’t have to do myself and can have be done automatically is such a win in my book. But more importantly, that automation is leading to more sales.
I know many people say “the crosslisting feature pays for the subscription fee” when you sell on another marketplace. But I’d venture if you’re looking at nifty, you might already be crosslisting your items. I’d actually say for me, the de-list and re-list feautre is what is definitely covering my monthly fee.
This item had been listed for months before it was re-listed by Nifty and sold 3 days later.
Additionally, I wasn’t using any bot for poshmark before Nifty, and after I started having them share my listings automatically and following people, my Poshmark has EXPLODED. It’s now my second best platform (and running neck and neck with Ebay this month). Before, I was getting sales here and there, but nothing close to how I am selling on their now.
Nifty tracks your income and expenses and it’s truly a life saver. I started off my reselling journey tracking things individually and once I started to scale, maintaining the spreadsheet I had was next to impossible (and the last thing I wanted to do when the kids went to bed). I love being able to track my profit literally by the minute and know where I’m at.
Lastly, the sale detection doesn’t need anything running on your own computer in the background. Vendoo needed to have my laptop open and running on their webpage to detect sales. Not only is that not a good idea with three little kids running around, it’s also not a great cyber-security practice (hello cybersecurity husband, I’m listening to you!).
In summary, Nifty takes so much of the administrative work out of re-selling. It allows you focus on the fun stuff (sourcing) and the import things (getting it listed and shipping it out). It takes care of all the other noise in-between.
Is Nifty Right for Your Reselling Business?
While I clearly love Nifty, I don’t think it’s the right decision for everyone.
If you are new to reselling and have a small amount of listings, and not making much each month, the subscription fee will eat into a lot of your profits. For me personally, I wasn’t too interested until my closet grew to about 200 pieces. That was where it was difficult for me to track all the sales, make sure things were delisting (because it wasn’t always consistent with Vendoo) and track all my accounting efforts.
I also waited until I was making closer to $500 profit each month. I didn’t want to be working just to eat it all up in subscriptions. I am a stay at home mom doing this to make extra money. I don’t want to be “working for free”, and wanted to make sure I was making this more of an investment than an expense.
If you happy on a single platform, you might be fine without Nifty. It may be easier to track and manage everything within your one system. Many platforms have some automation built in, and the trade off of Nifty might not be worth it to you.
Ultimately, you need to make the business decision on whether this is something that looks right for your own buisness. If your goal is growth, or simply more passive income (just listing and shipping vs all the admin), Nifty is a great tool to help with that.
If you’re looking to keep a smaller inventory or just a single platform, you will probably be better off not using it.