How I Made Over $700 Selling My Clothes On Poshmark
Getting paid to clean out your closet sounds too good to be true, right? Well, believe it or not, cleaning out your closet can be a real way to make some serious extra cash. There is a platform called Poshmark that allows you to do just that, and makes it ridiculously easy, connecting you with shoppers across the country that want nothing more than to shop your closet. Poshmark’s a digital marketplace, founded in 2011, and headquartered in Redwood City, CA. The concept behind Poshmark is building a community of consumers, that buy and sell from each other. The community concept is what makes selling my clothes on Poshmark a unique experience. Selling my clothes on Poshmark not only provided me with extra cash, but I also made connections with real people in the Poshmark community.
Who Can Become A Posher?
“Posher,” is the adjective used to describe any member of the Poshmark community. Anyone can become a Posher. It’s not just a marketplace for women, as some might assume. Men’s, women’s and children’s clothes, shoes, and accessories, are all sold on Poshmark.
What Can You Sell On Poshmark?
Poshmark is for selling used or new clothing, accessories, new makeup, new underwear/lingerie items, and/or handmade fashions and accessories. No electronics, or nail polish. If you sell makeup, it must be new and unswatched, in original packaging.
The clothes you sell on Poshmark do not have to be in perfect condition. I have sold several items that were not in perfect condition. As a matter of fact, a majority of the items I sold were in fair or good condition. Take a clear picture of any defects on an item, and write it clearly in the description as well. However, look over your items thoroughly and document any defects you notice. Just be honest and open about the condition of your items.
Name Brands Sell Quickly
If your closet is full of name brand clothes, you’re sitting on a goldmine. Name brand items such as PINK, Nike, Victoria’s Secret, Coach, Michael Kors, Anthropologie, Miss Me, True Religion, etc, sell rather quickly if you price it right. If your closet isn’t stocked full of name brand items, don’t worry. My personal closet was not full of name brand items, partly because I’m too cheap to buy a lot of name brands, and I still made good money.
Setting Up Your Closet
Setting up your Poshmark closet is relatively easy. Once you have decided what clothes you want to sell, the next step is taking quality pictures and writing descriptions for your items. You don’t need any special equipment, or need to be a Pulitzer prize winner. Find a nicely decorated area of your home, or create your own setup with a few items around your house, and grab your phone. Make sure you have good natural lighting, and snap pictures of the front, back, and any unique details and/or defects of your items. Your items will then need good descriptions. In your descriptions you should include the type of material, measurements, and any defects. Do not forget the measurements, it will save you time because potential buyers will ask you for them. Once you have your closet all set up, the next step is getting buyers to your closet.
Getting Buyers To Your Closet
Sharing your items, and sharing the items of new poshers are the fastest ways to bring attention to your closet. Sharing during the evening times usually yields the best results. There’s a section in the app where you can find new poshers. Share their items as well. Sharing the items of new poshers is key because they are new to the platform and excited to check out what it’s all about. When a new posher sees that you have shared their item, they will check out your closet out of curiosity. I try to share the closets of new poshers that wear a similar size as I do. Try to at least share your closet once or twice a day. Don’t overshare because it will push your items down in Poshmark’s algorithms. Just be strategic about when you share.
How To Price Your Items to Sell
Do your research before pricing your items. You want your prices to be competitive without cheating yourself. Look up items similar to yours that other poshers have sold. I like to look at the already sold listings to see what prices got a sell. Then price yours slightly higher. Have three figures in mind when you price; what you actually list it for, and two lesser prices you’d be willing to accept. Buyers are going to make you offers on your items. You have the option to counteroffer. Very rarely have I had an item sell without having to negotiate the price. Also, there is the bundling feature, which can be very beneficial for selling multiple items in your closet. A buyer can bundle a few items and ask for a bundle price from you. In return, give them a reasonable price for wanting to buy several items from your closet.
Making Your First Sale
Now you’ve successfully negotiated your first sale, now what? It’s time to pack and ship your items. Poshmark will email you a shipping label. The buyer pays shipping. Package up your items neatly. I personally bought tissue paper and thank you cards from Dollar Tree to use to pack my items. Every posher has a different method to their packing style, but just make sure it looks like you value their business but don’t spend too much where it negates your profit. Whatever you do, don’t just ball up your clothes and throw them in a box. Try to mail your items by the next business day from when you make the sale.
Becoming A Posh Ambassador
Once you start selling on Poshmark and meeting certain milestones you will be on your way to earning the status of “Posh Ambassador.” There’s a section in the app that outlines what remaining milestones you have to meet in order to earn this status. In my opinion, the major benefit to being an ambassador is being seen as a trustworthy seller to buyers.
How Much Money Can You Make?
Really it depends on you. I have completely sold out my closet before and made over $700 selling my clothes on Poshmark. There are poshers that do this as a full time income, but to do that you would have to put in a lot more time, and effort. However, it is possible, but is more likely to be a nice side gig. What happens when you run out of clothes in your closet to sell? You can always thrift and flip. After I ran out of my own clothes to sell I would go thrifting and flip the items I found. So, it really can become your own little business.
Poshmark does charge a fee for every sell you make. For items you sell under $15, Poshmark charges a flat $2.95 fee. For sales over $15, Poshmark charges 20%. Your earnings will be available to you once the buyer receives their item. You can then transfer the funds to your account. It usually takes about 1-2 business days to receive the funds.
How Do You Get Started?
To get started download the free Poshmark app. It is available to iPhone and Android users alike. Use my referral code MAFIBM to get started, and get a $5.00 credit towards your first purchase!
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