* 7/11/17 UPDATE! Yesterday, Poshmark announced that users will be able to upload selling listings online!
In this post, I’m going to share my Poshmark selling experience. Poshmark is an app and website that allow its users to buy and sell fashion. Originally for women’s styles, it’s since expanded its categories for mens and childrens items.
Although I said that it is both an app and website, you can only sell by using the phone app*. If you have a good phone camera, it should be relatively easy to take pictures of your clothes, jewelry, shoes, and other accessories. I would suggest to take them as you would take photos for your blog– nice, bright, clear images attract more attention which means more sales!
Poshmark does charge a fee. Fortunately, they aren’t like eBay, so it’s just Posh and not Posh and Paypal. For items under $15, there’s a $2.95 fee, and for items over, it’s 20%. I really appreciate that at the bottom of your listing page (where you upload your pictures, describe your item, and select its color, size, etc.,), it automatically calculates the fee and how much you’ll actually earn given the amount you charge.
Shipping on Poshmark is a mixed bag. On one hand, it’s pretty much a flat $6.49 for everyone (up to five pounds. There is a bundling option if you buy multiple things from one buyer). Sellers also don’t have to worry about buying packaging because the USPS provides the type that Posh uses free! So it’s generally easy to figure out shipping.
However, as someone who semi-regularly sends out packages, I know not everything actually costs $7 to mail. And since all of that is going toward postage, a seller does not receive any “spare change,” and the buyer is essentially overpaying. Yet, there are different shipping classes like First Class being a cheaper but taking up to a week to arrive. Poshmark uses 1- 3 day Priority. Posh’s price may also actually be cheaper for something heavier like shoes.
One feature that I really like about Posh is sharing. It’s kind of like on Twitter or Tumblr how you can share someone else’s thing to your followers and help it gain exposure. It’s considered Poshmark etiquette to share someone’s listing if they’ve shared yours!
You can not only share listings with your followers but to Poshmark “parties.” Four times a day, users can share their listings that correspond with a party’s theme. There are parties for certain brands, makeup, jeans, and even looser concepts like “Backyard BBQ” and “Sunday Funday.” I think sharing and parties really keep the marketplace fresh and lively whereas on Mercari, you just put your posts up and wait.
Once you’ve sold on Posh, you can get paid through a direct deposit to your bank or through a check. Wait until you’ve earned at least $10 unless you’d like another fee. Or, you can use those earnings toward buying.
This wraps up pretty much what I know about selling on Poshmark. They do have another interesting aspect for sellers which are Boutiques where I believe sellers can buy wholesale from distributors, but I have not tried it before. I’m not making a living with Posh, but I also don’t have a closet full of Gucci! I think it’s a good investment if you have the time and space particularly if you’ve looked into something like ThredUp and wanted a little more.
Poshmark is currently only available in the US, but I would love to hear if the rest of the world has something similar. Would you like to hear about eBay, Mercari, or ThredUp?