As an aspiring minimalist, I find that one of the most difficult parts of removing excess “things” from my life is deciding what to do with them. Especially when it comes to my closet.
It’s a free site & app that lets you post photos of the item you want to sell, describe it in detail and set a price you’d like to sell it at. Potential buyers can purchase at list price or “offer” you another amount for your item. You are able to counter offer, accept or decline.
Once your item sells, Poshmark sends you a shipping label (paid for by the Buyer). You pack up your item, tape on the label and drop it off at the post office. Once the Buyer receives the package, they have 3 days to “accept” it and the funds are then deposited into your Posh account. You can request a check or direct deposit into a bank account. It’s so easy, it doesn’t seem real. But it is.
Now you’re wondering if there’s a catch- and there is. Poshmark collects 20% of the sales. If you sell an item at $100, the Buyer pays $105.95 (shipping fee) and you receive $80. It’s a pretty great deal for the company, but it’s allowing you to get some cash for your unwanted stuff, which is also great.
Here are my 5 suggestions for successful Poshmark sales:
#1 Be Honest
Do your shoes have scuff marks on the heels? Is there a faint mark at the hemline of your dress? Photograph it and mention in the description of your listing. This way, the Buyers knows upfront that there’s a defect. Don’t be surprised if someone offers a lesser amount than the list price for items with defects. Of course, it’s your choice whether to accept an offer or not.
#2 Price Fair
I think about how much I’d like to make on the item and list it appropriately, but be reasonable. If you want your items to sell then post them at a fair price. I like to search for similar items on the app and see what they’re listed at, then make a decision on my price. Don’t forget about the 20% Poshmark automatically deducts.
#3 Be Prompt
Potential Buyers can comment on your listing and ask questions, so be sure to respond in a timely manner. The same goes for accepting, declining or countering an offer made on your listing and shipping as quickly as possible. No one wants to wait in limbo for long periods of time. If you want your items to sell, be sure to check the app a few times a day and turn on notifications so you’re alerted when there’s activity on your account.
#4 Share Your Listings
Poshmark has a very active community of Buyers and Sellers. The easiest way to get people to see your listings is to “Share” them. You can share them with your “Followers” at any time throughout the day, or you can participate in “Parties” that occur a few times a day. These parties cater to specific brands, styles and themes. For example, at 12 noon the party might be “Free People, Anthropologie, Urban Outfitters” and you can only share items to that party if they fall under those three brands. At 3 p.m. there will be another party, this time possibly called “Best in Shoes” so you can share your shoe listings at that time. The last party of the day is usually at 10 p.m. and will be the most generic. It might be labeled “Everyday Essentials” so you’ll be able to share everything in your closet. Parties last for two hours and are abesolutely the best way to get your listings seen by multiple people.
#5 Play By The Rules
You’ll find very specific rules listed on the site, and everything goes smoothly when you abide by them. There are certain things that can’t be listed, for example: Electronics, Home Goods, etc. This is a platform for apparel and accessories, so stick to those and you shouldn’t have a problem. So, don’t “Trade”. Users will comment on your listings saying “Trade?” which is highly discouraged. First, it’s not allowed under Poshmark’s rules. Second, you never know if it’s a scam. Third, it’s complicated and since no one is technically “purchasing” that means there’s no prepaid shipping label and no guarantee that the items will be exchanged successfully. Plus like any true minimalist, our goal is to remove excess things from our lives, not trade them for other things we don’t really need.
I began using Poshmark in 2014 and have made over $3,600 by selling unwanted items. Of course, I work in retail so I started with a pretty large closet. But by selling on Poshmark, I’ve been able to curate my wardrobe by keeping items I truly love and purchasing staples that will remain in my closet for years to come.