This Poshmark review is for anyone who has Marie Kondo’d their wardrobe, garage, shoe closet and other storage recently.
If you’re not going to give your old clothes away to charity, sell them instead of storing them somewhere you won’t see again in years.
Your pockets would love you!
You’d be surprised at how much money you can raise during your monthly or annual cleaning.
This video will show you the simplest and fastest way to make money online today. Watch it for free right now.
To make your online selling as hassle-free as can be, mobile apps like Poshmark are efficient tools. These apps not only serve as the marketplace platform where you’d buy other people’s clothes and sell your own, some apps also have added features like taking photos, documenting, or recording items.
What is Poshmark?
The Poshmark app is a social commerce marketplace where you can sell clothes, shoes, bags, and other fashion accessories online for cash.
Launched in 2011 by Manish Chandra, the Redwood City, California-based company now has 4 million sellers with an accumulated $1 billion+ worth of items sold since its inception.
Selling via Poshmark is super easy. Just download and open the Poshmark app (it’s available on Android and iPhone), take a photo of the item you want to sell, write a description, set the price, and it’s up for sale.
The cool thing about Poshmark is that it was developed originally as an app, which means many of its features run smoothly even when you’re on the go.
Compare this to online shops that you only access via mobile browsers and you’ll see what I mean.
However, Poshmark app does have a desktop version, in case you prefer to work in an office.
eBay vs. Poshmark
If you’re going to sell items online, you’d probably be thinking, “why not on eBay?”
eBay is without question the oldest (and still standing) online marketplace today. When it comes to second-hand items, eBay lets you sell and buy stuff on a national level. Its counterpart is probably Craigslist, which has a sub-category for every city across the country.
Poshmark began with people selling used items, similar to eBay, but has since expanded to include new items as well.
Pros and Cons of eBay
- eBay has been around forever. While it can still have some glitches, these are often scheduled and announced.
- eBay and PayPal are under the same company, so expect its main payment gateway to be secure.
- Many payment and shipping options
- Everyone knows eBay
eBay’s customer support isn’t the best (especially when you’re handling refunds).
Because of its massive reach and millions of items being sold at any given time, eBay’s app can be clunky.
If you’re only planning to sell clothes, eBay is definitely too much for your needs.
Pros and Cons of Poshmark
- Poshmark was built specifically for mobile use, so the Poshmark app will definitely appeal to people on-the-go
- The social aspect of Poshmark means your listings are easily shareable inside or outside the Poshmark app
- Poshmark lets you list an item for sell by simply taking a photo of the item, then adding a description
- Poshmark is exclusive to fashion items, so you are 100% sure of the target market
The main problem with Poshmark is the high shipping fees, which doesn’t really do anybody good (whether you’re the seller or buyer).
Poshmark Fees vs eBay
On eBay, you don’t pay anything if the item isn’t sold. eBay gets a 8.75% cut of the final selling price, plus an extra 4% if the item is priced $50 to $1,000.
Poshmark gets a 20% cut on items over $15, while a flat rate of $2.95 for any item below $15. You only pay Poshmark fees once you stuff gets sold.
Notable Poshmark Features
As you can see, the Poshmark fees aren’t really that friendly to sellers, but sellers still stick to the Poshmark fees because of the creative ways of selling, and the perks given to Posh Ambassadors and Posh Affiliates.
And this free video will show you exactly everything you need to do to get started. Click here to watch it now.
Aside from having your own online “storefront” on Poshmark, sellers also benefit from these features:
- Posh Authenticate – Buyers prefer to shop used, branded items at the Poshmark app, mainly because the company guarantees items first. Whenever someone purchases a luxury item, it gets sent to Poshmark headquarters first where the item will be inspected and tagged as authentic. Only then will Poshmark send the item to the buyer. If it fails, buyers are refunded their money.
- Posh Bundles – The flat lay generation of Instagrammers have definitely inspired online sellers to step up their game when it comes to showcasing products for sale. The Poshmark app lets you bundle items into one purchase, which means you can easily “style” your items for sale.
- Posh Parties – Poshmark hosts about 3 “virtual parties” daily. These parties are a gathering of buyers and sellers within a particular time. During the party, sellers can share items for sale as long as the item “fits” the party’s theme. For example, “Summerwear party” gathers all sellers with swim wear, summer clothing items, while “Best in Makeup” party invites both buyers and sellers interested in all things cosmetics.
- Social Sharing (Posh Love, Meet the Posher, etc.) – The Poshmark app is filled with social media vibes. As a new seller, you can introduce yourself by creating a ‘Meet the Posher’ listing and share it all over the app. There’s also the Posh Love feature, where you share what you think looks cool (within your own listings or other sellers’ listing) to your followers.
How to Become a Posh Ambassador and Affiliate
Posh Ambassadors have access to VIP events, programs and newsletter.
They are recommended to new Poshers, which means their market is almost guaranteed.
However, it isn’t easy to become an ambassador.
You’d have to meet these criteria:
- Listings Sold: At least 15 individual items sold
- Available Listings: At least 50 available listings in your closet at any given time
- Average Rating: With an average rating of at least 4.5 stars
- Average Ship Time: With an average ship time of 3 days (or less)
- Self-Shares: Record of sharing your own items at least 5,000 times to the community
- Community Shares: Record of sharing items from other Poshers’ closets for at least 5,000 times
Another advantage of becoming a Posh ambassador is that you’re qualified to join the Posh Affiliate Program.
Meaning, you’ll be able to earn extra money by spreading Posh listings online and getting a commission with all the links that end up as a sale.
How to Start Selling on Poshmark
After signing up, you have a choice of creating a listing on the app, or via web.
If you prefer to list an item via the Poshmark app, here’s how to do it:
- Click on the Sell button in the app (It’s the camera icon!)
- Your camera will open, so take photos of the item you wish to sell. (You can also upload photos that are already stored on your device).
- Add up to 7 more photos for this listing.
- Fill in the description, price, size, and other details.
Can You Use Poshmark app for Business?
If you’ve ever faced a Powerseller on eBay or an successful Amazon seller, you know that the buy-and-sell market is alive and well.
Using the Poshmark app as a side gig can lead to a full-blown business if you know how to source products (eventually you’ll run out of things to sell from your closet). You should also be smart with picking luxury items (not all expensive, branded items are guaranteed to sell).
If you look around the community, you’ll see that sellers do make big bucks on the platform, but only a small percent.
It’s mostly due to the Posh Ambassador system that favors long-standing, loyal sellers who have an extensive history with Poshmark.
As a new seller trying our Poshmark, don’t expect to compete against the older Poshers – you’ll just get disappointed.
Instead, welcome the Poshmark app as a new platform to get rid of old stuff hassle-free and convert them into cash.