Can I Make Money Selling On Poshmark
Can you actually make money on Poshmark?
You can make money selling new and used clothes on Poshmark. To be successful, you'll need to take great photos, be active, and provide friendly customer service. With enough effort, you can be making $1,000 per month selling clothes.
Poshmark is one of the best side hustles if you're into fashion and shopping. As a matter of fact, selling clothing has the potential to make a full-time income.
Luckily for you, I'm going to show you what you need to be successful selling clothes. This guide will take you from Poshmark beginner to top seller!
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Can you actually make money on Poshmark?
You can make money on Poshmark selling clothing found in thrift stores. Ideally, you have an eye for fashion and are tapped into current trends. Combining a well put together closet while actively engaging your followers should result in making money.
One user makes $5,000 per month selling on Poshmark. Could you imagine making $5,000 per month selling clothes from thrift stores?
Poshmark is actually a really good source of income. Browsing Reddit, most users report making anywhere from $300 to $1,000 per month. Most Reddit users specified they're working their boutique or closet very part-time.
So how can you be successful? Here's a video by The Deal Queen with some tips.
How old do you have to be to sell on Poshmark?
You may sell on Poshmark if you are considered an adult. Unfortunately, minors are not allowed to sell on Poshmark. Status of being an adult vs minor is determined by law in your State of residence.
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What is the secret to selling on Poshmark?
The secret to selling on Poshmark is to actively promote great fashion. Poshmark is a social network first. Therefore, networking and sharing other people's closets will help you reach success faster.
However, being active is only one piece of the puzzle. Top sellers know the following:
- Be active – More active users generate more sales and build larger followings. Take time to share your closet and help other's promote theirs. Your results are directly tied to the more you help others.
- Take good photos – People respond well to visuals. Ideally, you're taking pictures of clothing on your own body. Mannequins work, but they aren't ideal.
- Find what's trending – Trending basically means, "these items are flying off the shelf." Try to include what's trending in your closet.
- Price accordingly – Always try to find a fair price for the item. Compare your item to similar items listing. No one wants to buy your item if they can find it cheaper from another seller.
- Respond quickly – People love it when you can respond quickly. Would you want to wait three days to find out more on something? No, you'd probably lose interest and not buy the item. The quicker you can respond to customers, the more likely they'll buy.
- Keep adding new items – Consistency is key for any business. Posting frequently keeps your closet fresh and keeps people coming back. Most of your business will be from repeat buyers.
- Reshare frequently and at the right time – Again, always be active. Keep in mind, your average customer uses social media late at night. Therefore, post when people are more likely to be on Poshmark.
- Be honest – Never try and deceive your customers. Don't try to hide something!
So, now you know the secret to success on Poshmark. How do you know which brands to sell?
What brands sell the best on Poshmark?
Best selling brands on Poshmark include big name brands, like Nike, Torrid, and Lululemon. However, keep an eye on the trends to find out what's selling. You should sell different brands and take note of which ones sell.
Thrifty Mom of Two created a video of the 41 best brands to sell on Poshmark. In the video, she goes over the brands that are actually working for her!
What stands out to me is that these brands are selling for over $50. Generally, higher sale price means higher profit margins.
Examples of brands that sell well on Poshmark include:
- Nike
- Lululemon
- Torrid
- Ralph Lauren
- Eddie Bauer
- J. Crew
- Ugg
- Levi
- Mother Denim
Keep in mind, only certain items within each brand are great sellers. Not every item will be a success. Additionally, you should factor in the condition the item is in. You won't get top dollar for clothing which is damaged or stained.
As you gain more experience, you'll start to see what brands sell. Starting out is always the hardest because you don't know resale value. However, experienced sellers will walk into a thrift shop and know what to skip and what to buy.
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How do I start selling on Poshmark?
Selling on Poshmark is as easy as taking a picture and uploading it through your phone. Once an item sells, ship the item to your customer. You are paid within three days of the customer receiving the item.
There is a lot to know for new sellers. So, where do you begin?
Let's take a look at some of the questions you may have as a beginner.
What brands does Poshmark accept?
Poshmark is for selling new and gently used clothing and fashion accessories. You may sell some new personal care items and home goods. Therefore, most items you find at thrift stores will be acceptable for selling on Poshmark.
However, Poshmark does have a complete list of items you cannot sell. Generally, these are items which are fake, counterfeit, make medical claims, pose health risks, or imitate airline staff. As you can see, these guidelines are put in place to protect the consumer and people's safety.
Where can I get clothing to sell on Poshmark?
Thrift shops, yard sales, and outlet stores are the best places to find Poshmark inventory. Generally, you should be looking at anywhere you can find great deals. Thrift shops and yard sales are amazing because you can find great items for a very low price.
Another good way to source clothing is buying pallets online. Major retailers send returned clothing to liquidators. These liquidators sell these products at a large discount to people like you and me.
For example, the picture above has two pallets of Walmart and Target returns. The Walmart pallet can be bought for around $1,200 and has a retail value of $6,800. For Target, the pallet can be bought for nearly $1,500 and has a retail value of $17,000!
Obviously, there is no guarantee the items will be in good condition. However, you can get a big inventory for a very small price.
How do you price things on Poshmark?
Price clothing and other accessories by looking at similar items. Try to keep your prices competitive while keeping profit margins in mind. No customer wants to buy an item, only to find it cheaper elsewhere.
The easiest way to compare prices is by searching for the item on Poshmark. You can also check prices on eBay or Mercari.
What if you won't earn a profit selling at similar prices?
No system is perfect, but keep your customer in mind. Why should they buy your cardigan over a similar, but less expensive one?
At the very least, try to shoot for a profit margin of $5. Always try to mark your prices fairly and avoid price gouging. In case you didn't know, price gouging is against Poshmark's terms of service.
How many items can you list on Poshmark?
Poshmark allows you to list unlimited items, for free. Therefore, you should focus on building a large inventory. Usually, more inventory gives you more of a chance to make a sale.
So how do you create a listing?
In the app:
1. Tap 'Sell' at the bottom of the screen.
2. Take or upload up to 16 photos of the item.
3. Fill in the required information.
4. Tap 'Next'
5. Tap 'List'
On the web:
Note: in order to create a listing on the web, you will first need to log into your account through the Poshmark app.
1. Select 'Sell on Poshmark' at the top right-corner of the screen.
2. Drag your photo into the dotted box on the screen or select 'Upload Photos'. You can add multiple images at a time.
3. Fill in the required information.
4. Select 'Update'
5. Select 'List This Item'
Poshmark even created a video to help you list an item.
What boxes and envelopes can I use for Poshmark?
You can use any standard brown box or envelope you have around your home for shipping. However, Poshmark uses USPS for carrier services. Therefore, your box length and thickness cannot add up to more than 108″ per USPS guidelines.
You may also use boxes mark as Priority Mail, Priority Mail Flat Rate, or Regional Rate.
Are USPS boxes free?
Yes, USPS provides free boxes and shipping supplies. You can find free shipping supplies by visiting USPS's website.
How do I ship things on Poshmark?
Poshmark will email you a shipping label once an order is made. Check your email address which is associated with Poshmark. Print the shipping label and drop the package off at your local USPS within 2-3 days.
Do not create your own shipping label! Poshmark tracks the order with the provided label. Unfortunately, creating your own shipping label may hinder your ability to get paid.
Remember, customers can cancel their orders that aren't shipped within 7 days. Not to mention, it's bad customer service to keep people waiting. Let the buyer know if there is a delay in shipping by commenting on the listing.
Who pays for shipping on Poshmark?
Poshmark buyers are charged for a flat rate shipping fee of $7.11 for up to 5 lbs. Overweight costs for items over 5 lbs are paid for by the seller. Therefore, make sure the items you are selling are under 5 lbs or plan to pay overweight charges.
What percentage does Poshmark take?
Poshmark charges $2.95 for orders under $15. Orders greater than $15 are charged 20% of the order price. Therefore, you would pay $6 in fees for selling a $30 item.
Is it worth it to sell on Poshmark?
Only you can determine if it is worth your time to sell on Poshmark. You will spend a lot of time finding inventory, promoting your closet, and shipping orders. However, you can make money on Poshmark which can provide a good side income.
Poshmark may be for you if you like fashion, shopping, and can stay organized. Remember, selling on Poshmark is a lot of repetitive work. Shop, take a picture, list the item, ship the item, and repeat.
However, every day moms, wifes, and even husbands are making money on Poshmark. Obviously, there is no guarentee of results and you're starting a business.
Personally, I think selling on Poshmark is great if you don't mind shopping and shipping. If you're not sure then start small and test the waters.
Is it better to sell on eBay, Mercari, or Poshmark?
Mercari, Poshmark, and eBay are all great places to sell. Poshmark is one of the best websites for selling clothing. Ideally, you can use all three retailers, but master one of them first.
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Summary: Make money on Poshmark
As you can see, you can actually make money selling on Poshmark. Like any business, making money is going to take some real work. Done right, you could be making an extra thousand dollars per month selling clothes.
You need to be an adult to sell on Poshmark. Sorry, no minors are allowed.
There are many tricks to being successful selling clothing. However, being active on Poshmark is the best way to be successful. You can sell any new and used clothing, but some brands may do better than others. Don't forget to see what's trending!
Poshmark does not allow most things that would cause a problem. For example, selling TSA costumes or health products.
Find clothing to sell at thrift shops, yard sales, and outlet stores. If your adventurous, try buying a pallet of clothing. Remember, you get unlimited listings! Price your items by looking at similar items selling on Poshmark.
Shipping is paid for by the buyer. Most brown boxes or envelopes will be fine for shipping. Poshmark will charge $2.95 for sales under $15 and a flat fee of 20% over $15.
Poshmark can be a great side hustle. However, only you can tell if it's worth it.
Can I Make Money Selling On Poshmark
Source: http://tightfistfinance.com/make-money-on-poshmark/#:~:text=You%20can%20make%20money%20selling,re%20into%20fashion%20and%20shopping.
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