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Best Way To Make Money On Poshmark

Can You Actually Make Money on Poshmark?

You can actually make money on Poshmark selling new and used clothes. If you list quality items, take good photos, participate in the community, and provide great customer service, you can make $500 to $1,000 a month or more selling clothes. Poshmark is a perfect side hustle for those into fashion.

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Posted In Earn More Money

Last Updated: 07/20/2021

Can You Actually Make Money on Poshmark?
Can you actually make money on Poshmark in 2021?

When I first started selling on Poshmark, I just wanted to declutter and turn my entire closet into cash.

I had a closet full of clothes I didn't wear any more. Some items no longer fit, some I no longer needed for work, and others I had fallen out of love with.

Though I enjoy the platform, selling on Poshmark isn't my full-time job. I consider myself more of a Poshmark enthusiast than an expert. I'm a part time seller who uses Poshmark as an occasional source of income.

So can you actually make money on Poshmark? Absolutely. I've made good money over the years and I'm quite comfortable using the app. I also think if you want to sell clothes on Poshmark, it could be a lucrative side hustle or full-time business for the right person.

Is selling on Poshmark profitable?

Selling on Poshmark can be very profitable. The Poshmark app is free, shipping and shipping materials are free, and you can start with inventory you already have. More inventory can be sourced cheaply. You don't need to spend on marketing to make Poshmark a profitable full-time or side business.

Is it worth it to sell on Poshmark?

It is worth it to sell on Poshmark if you have gently worn in demand, on trend, or vintage items. Poshmark takes a fee of 20% of the sale price, but in exchange you get access to a community of people numbering over 60 million who love fashion and are looking to purchase pre-owned clothing.

Is Poshmark the best place to sell?

Many consider Poshmark the best place to sell new and used clothes and accessories whether you're looking to declutter or start a business. The Poshmark app, shipping, and supplies are free. Listing items is fast and easy and there are over 60 million potential customers using the app.

Can you make a living selling on Poshmark?

You can make a living selling on Poshmark. To sell clothes on Poshmark as a full time seller, you'll need a steady supply of inventory, software to track your sales and inventory, the ability to take good photos, good customer service skills, and you'll need to spend a lot of time on the platform.

What are the fees for Poshmark?

There are no fees to list items on Poshmark. Seller fees are taken only after your item is sold. If the sale price is under $15, Poshmark charges a flat fee of $2.95. For sales over $15, the fee is 20% of the sale price.

Why are Poshmark fees so high?

Poshmark fees are not so high compared to other options for selling used clothes. A consignment shop might charge between 25% and 60%. ThredUp's fees are as high as 95%. For a 20% fee, Poshmark has over 60 million users looking to buy clothes, no listing fees, and free shipping labels for sellers.

Is it worth selling clothes online?

Selling clothes online is worth it. Unlike consignment shops, resale apps like Poshmark and sites like eBay and Etsy have millions of people looking to buy vintage or used clothes from popular brands below retail prices. Selling clothes online offers more potential buyers, fast sales, and low fees.

How do you price things on Poshmark?

To price things on Poshmark, know the original price of the item at retail and the selling prices of identical or comparable items sold on the app. These two prices will give you a good idea how much you should list your piece for. Price things competitively and don't settle for lowball offers.

What is considered a lowball offer on Poshmark?

Anything less than 50% of the asking price is considered a lowball offer on Poshmark. Lowball offers will happen. As you grow your closet and your followers, you're going to get some bargain hunters only looking to pay the lowest price. Don't take it personally or get upset in the comments.

For more on handling lowball offers, see How to Deal with Lowball Offers on Poshmark

Is it rude to decline an offer on Poshmark?

It is not rude to decline an offer on Poshmark, but it could lower your closet ranking. When you get lowball offers, instead of smashing the decline button, counter with reasonable prices. The Poshmark algorithm won't penalize you for suggesting a fair selling price and you might get the sale.

Why am I not selling on Poshmark?

Reasons you might not be selling on Poshmark include bad photos, mispricing, and poor item descriptions. If your product listings are not selling on Poshmark, change something. Check prices on comparable items. Change your cover photo, take new photos, edit your title, or rewrite your description.

Does more followers equal more sales on Poshmark?

In general, more followers does equal more sales on Poshmark. The more followers you have the better. Your followers see your new listings and shares in their feed. Growing your following is a good way to build a network of potential buyers, increase your credibility, and make more sales.

What is the secret to selling on Poshmark?

The biggest secret to selling on Poshmark is taking great photos. High quality photos are key to attracting buyers. Poor quality photos make potential buyers think your items are poor quality. If you strive to make your photos the best they can be, you can make everyday items look fantastic and make tons of sales.

How do you stage photos for Poshmark?

The best way to stage photos for Poshmark is to use good lighting, using either natural light or photography lights, and a quality camera. Make your items look their best as well by pressing or ironing them. Use backgrounds that complement your item, not overwhelm it.

What can you not sell on Poshmark?

There are certain types of items you cannot sell on Poshmark. Examples include fake items, illegal items, medical products or items that make medical claims, used personal care products, food, and live animals. If you see an obvious fake product or banned item, do everyone a favor and report it.

The full list of prohibited items is here: Poshmark Prohibited Items Policy

Can a seller get scammed on Poshmark?

As a seller, you can get scammed on Poshmark. Scams and tricks to rip you off include shipping back an empty box instead of the actual item, returning items worn and damaged, opening false cases against you, and cancelling after a package has shipped if the cancellation window is still open.

Are sellers protected on Poshmark?

Sellers are protected on Poshmark. Poshmark handles billing and holds the payment until the item is delivered and accepted. If the buyer doesn't accept the item in 72 hours, Poshmark releases your funds. Ship items using the shipping label Poshmark provides and you're covered if the package is lost.

Is it better to sell on eBay or Poshmark?

For clothing, it's generally better to sell on Poshmark. Poshmark shoppers are specifically looking to buy clothes or accessories. eBay is a huge general online marketplace, but only a fraction of users buy clothing. Ebay fees are lower, but you may have a harder time moving your items there.

Which is better Poshmark or ThredUp?

If you want the most money for your used clothes, Poshmark is better. If you just want to get rid of your old clothes and don't care about the money, ThredUp does everything for you. ThredUp's cut is up to 95% of the sale price, though. Poshmark requires more work and their commission is 20%.

Which is better Poshmark or Mercari?

While both Poshmark and Mercari have similar business models, if you have designer items, trendy pieces, in demand items, or other hot sellers, Poshmark is better. Mercari has lower fees and requires less maintenance, but Poshmark has a much larger user base and items sell much faster.

8 Quick Tips for Actually Making Money on Poshmark

You can actually make money on Poshmark if you put in the time and work it. It's a side hustle with low startup costs that has the potential to provide a full time income for people who love fashion.

If you're new to selling clothes on Poshmark, here are some quick tips you can use to become one of the successful sellers on Poshmark:

1. Build Your Following

Find and follow people who like the same brands and styles you do. Share items you like from their closet.

Poshmark makes following others easy. You can follow 1,000 people in less than 15 minutes. Follow 3,000 to 4,000 a day if you want to build a following quickly, but don't push it further than that as you don't want to get your account throttled.

2. Know What Sells

Do your homework before you start selling clothes on Poshmark. You can make tons of sales on Poshmark if you do your research.

Luxury brands and high end brands always do well. So do popular brands like J. Crew and Banana Republic. There's always demand for vintage clothing from different eras.

See what's trending. Find similar items to those you might sell and see how much they sell for. You'll save time in the long run if you learn what sells then deliver it at a fair price .

3. Line Up Your Inventory

Keeping your virtual closet fresh means you'll need access to lots of items. You can source inventory cheaply from thrift stores, consignment shops, your own closet, wholesalers, or by finding heavily discounted items from retailers in your area.

4. Take Great Photos

High quality photos are extremely important. If you post pictures that are fuzzy, dim, or cluttered, you won't sell much.

You don't need professional photos, but natural light and a good camera will go a long way. Sometimes a white wall or plain background works best for making an item stand out.

5. Be Honest and Accurate

When it comes to measurements, sizes, and the condition of your items, be as detailed and accurate as possible. Selling clothes on Poshmark is about building trust and gaining a following. Be honest about any flaws and be specific in your listings.

6. Pay attention to Poshmark SEO (Search Engine Optimization)

You might have lots of items that are hot sellers, but if Poshmark shoppers can't find them, you'll never turn your closet into cash. Create descriptive titles using keywords for the item. Crafting a detailed title and a good product description containing your keywords will help more people find your listings.

7. Participate in Poshmark Parties

There's a social aspect to Poshmark that makes it unique and more than just a resale market. It's a social platform as much as it is a resale platform and Poshmark parties are part of that.

Poshmark parties, which are real time virtual events that can drive traffic to your closet, drive engagement, and generate sales.

Posh parties are themed by brand, category, department, and style. Share your listings to a party when appropriate.

8. Focus on Good Customer Service

Bad customer service can negatively impact any venture, but on a social commerce marketplace like Poshmark, bad customer service will sink you. Always respond in a timely, friendly, and helpful manner.

Best Way To Make Money On Poshmark

Source: https://www.kindafrugal.com/can-you-actually-make-money-on-poshmark/

Posted by: floydandised.blogspot.com

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