Tips on How to Sell and Make Money on Poshmark
Do you want to learn the ins and outs of how to make money on Poshmark?
Then you’re in the right place!
Poshmark is an online marketplace where you can sell your used and new items.
But for many new sellers, there are so many questions!
How do you get your listing to stand out compared to similar items?
What gives you a better chance of being found in a search?
How do you price your stuff?
The list of questions can go on and on.
But, rest assured, I am going to answer all of your questions in this ultimate guide so you can learn how to make money on Poshmark right from the start!
You will walk away knowing the essential steps and what to do.
Here’s what I am going to cover in this blog post.
- Who Should Sell On Poshmark
- What You Can Sell On Poshmark
- How You Can Make Money Using Poshmark
- The 6 Best Tips To Make Money On Poshmark
- Other Considerations To Make Before Selling On Poshmark
- The Cons Of Poshmark
- Final Thoughts
Let’s get started with who should sell on Poshmark. Is this really a platform that anyone can use to sell stuff?
This post may contain affiliate links, meaning if you make a purchase, I may earn a small commission, at no cost to you. Please read the disclosure for more information.
Who Should Sell On Poshmark
First, we must address that Poshmark cannot be used worldwide yet.
So, you can only use this platform if you live in one of the approved countries, Canada, The United States, Australia, or India.
If you live in one of those countries mentioned above, how do you know if Poshmark is the best place to sell?
Poshmark is great for any who:
- want to start or expand their side hustle;
- would like to sell things as their full-time job;
- has old stuff they no longer use and want to sell for some extra money.
If you fit any of these categories, Poshmark is a great place to be!
What You Can Sell On Poshmark
While most people know Poshmark as the place to buy old clothes from the most popular brands at reasonable prices (it even used to be called Poshmark closet,) it has expanded so much in recent years!
Now there is a whole plethora of things you can buy and sell on the platform.
Here are some of the most popular options.
- Clothes – Luxury Brands and Basics
- Accessories
- Shoes
- Jewelry
- Beauty Products
- Kids Toys
- Home Decor
- Electronics
- Pet Accessories
And that’s just scratching the surface! If you want to see what else they sell, visit the platform as a buyer and look around!
How You Can Make Money Using Poshmark
If you’re only looking to sell stuff hanging around your house that you no longer use, you can skip to the next part of this blog post!
In this section, I am talking about how to make enough money to make this a viable side hustle option or to replace your current full-time income so you can solely focus on this.
After all, there is only so much unused stuff in your home that you can sell.
What do you do when you’ve run out of things to sell? (I actually recommend applying these tips way before you run out of stuff to sell from your home, but you know what I mean!)
The top sellers on Poshmark don’t just sell their own items.
They have made a career by following these tips to find more stuff to sell.
Sell Stuff From Thrift Stores
Have you ever wandered through a thrift store and found yourself surprised by how much awesome stuff there is?
Whether it’s a clothing item, a stellar CD collection, or something else entirely, you can buy it from the thrift store and sell it for a higher cost.
Sell Stuff From Garage Sales
Like the idea above, you can also find a good deal at garage sales.
If you’re going this route, it is a good idea to take inventory of all the garage sales in your area and devise a plan to visit as many as possible.
You never know what you’ll find that can be resold on Poshmark.
Go To Auctions
While not all auctions are great, you can find some with excellent stuff.
Doing this doesn’t take much time, and your return on investment can be great!
Now, there are a few best practices to remember before you go out and buy anything to sell on Poshmark!
- It would help if you focused on what sells on Poshmark. If something doesn’t sell well on the platform or, more importantly, on your account, buying those items will not be worth your time! You’ll end up sitting on a lot of inventory you can’t move fast enough.
- Find things that are in good condition. The better shape something is in, the more potential you have to earn extra money.
- Compare the retail or listing prices of another similar item to ensure enough profit margin. If not, it won’t be worth your time.
How To Make Money On Poshmark – The 7 Best Tips
Now it’s time for the fun part – learning to make money on Poshmark hands-on!
Here are the seven easiest ways to set yourself up for the best success in selling on Poshmark.
Tip #1 – Know Your Potential Customers
Take a moment to think about how you would use Poshmark as a buyer.
You would likely sign on to the marketplace, and then you would either:
- Browse the homepage for suggestions (which are based on the selections you made during sign-up and your recent viewing history);
- Look through the different category options;
- Search for something specific using the search bar.
These are the most common ways to shop at a Poshmark store.
You need to think about how your target customer would do these things.
For example, what words would they use in the search bar to find an item?
What category would they most likely click on if they were looking for something?
Understanding how your customer shops will help you optimize your listings!
Doing this is also called search engine optimization.
Poshmark is like any other search platform in the world, including Etsy, Pinterest, Google, etc.
They rely on what’s called an algorithm to help provide the best possible results for what their customer is looking for.
As a shop owner, you can play into that by doing search engine optimization.
There are more details on how to use this information you gather in tips #2 and #3.
Tip #2 – Use Listing Titles That Include Keywords Your Customers Would Use
For your listings on Poshmark to be found, you need to make them “searchable.”
The first way to do this is to be strategic in naming your product listings.
For example, if you are selling a Lululemon top, consider including the words “Lululemon” and “top” in your title.
These are both words that your ideal customer may be searching for.
Additionally, suppose your ideal customers have a history of shopping for Lululemon items on Poshmark.
In that case, the app is more likely to show your listing to those Poshmark users because it’s a similar item.
An important note is that your titles should be brief too.
Please do your best to make it as concise and direct in as few words as possible.
Tip #3 – Write A Detailed Description With Keywords
Again, you want to give your listing the best chance to appear in search results.
And one of the best ways to do this is to be strategic with your description.
Don’t just use this space to describe what you are selling and call it a day.
Really take the time to research what information to include, keywords to use, and a good way to write it to make it compelling to anyone who lands on the listing.
Your description is where you will do the actual selling.
Some things you can include in your description include:
- a description of the item;
- an accurate description of the condition, damage if applicable, and so on;
- information about the original retail price;
- keywords that people are searching to find that item;
- brand names;
- your experience with the item e.g. what you wore it with, what you wore it for;
- and anything else you think might be necessary for the buyer to know.
Tip #4 – Choose A Good Price
Many new sellers think the best way to sell items is for the lowest possible price, but this strategy doesn’t work as well as you might think.
For one, if potential buyers are looking to buy something and see one for a higher price and one for a lower price, in their mind, they’ve subconsciously decided the higher price item will be in better condition.
Even though it may be a good value, it will sometimes look different from the customers browsing online.
Secondly, you need to sell it for a fair price so you can make money from it (if you purchased it with the intention of selling it to make money).
Trust me; you aren’t doing yourself any favors by taking a cut.
When listing something for sale, the best thing to do is list it at a fair price.
Take time to research what your competitors are selling it for or what it sells for on a similar platform.
Tip #5 – Take Great Photos
Again, put yourself in your ideal customer’s shoes and pretend you are scrolling through the Poshmark app on your phone.
What is the first thing you see?
The pictures, of course!
Your photos will draw your ideal customer’s attention to your list items amongst the sea of similar listings.
So yes, good pictures are vital!
Here are some tips you can use to take great photos.
- Set your camera to take square images. Doing this will help you take photos in the proper orientation for the platform so they don’t get stretched or distorted when you upload them into Poshmark.
- Take your picture in front of natural light. Not only will this brighten up the image, but it’s also free! No fancy lighting equipment is needed.
- Get photos from different angles. Doing this gives you options for what to post on your new listings, and you can also use the best one for your cover photo. Additional photos also make it easier to thoroughly show the customer the item’s condition.
- Use a white background. Doing this will make your image brighter, but it will also help the item you are selling to stand out. You don’t want your background distracting buyers from what they should be looking at.
- Edit your photos! And no, you don’t have to know how to make fancy edits. Understanding how to change the brightness, contrast, etc., can help you improve your finished images.
Tip #6 – Share Your Listing On Social Media Platforms
Even though Poshmark is a great way to get your listings in front of new people, it does take time for your listings to start getting found in search results.
So, what new Poshmark sellers can do in the meantime to get the ball rolling is to share their listings on a social platform.
First, consider where your ideal customers spend their time and share the listing there.
Doing this will allow you to get more eyes on your listing.
Another option is to use a social media platform where you already have an excellent following or where your friends and family hang out.
Doing this is an excellent way to help you sell your first and second items, and it can really help get that ball rolling!
Tip #7 – Attend Posh Parties
Posh parties are events that happen online, on the app, where people can go to buy and sell stuff.
Sometimes, these parties have so many potential new customers that it is worthwhile to go and participate in them.
To make this worth your time, don’t just attend any posh party.
Look for the ones that best match the theme of what you sell and who your ideal customers are.
Other Considerations To Make Before Selling On Poshmark
One important thing to remember is once an item has sold, you have five days to get it shipped out.
Keeping that in mind, it’s a good idea to have an easy way to print out the shipping label.
Also, keep some extra boxes around your home so you have something to use to package your orders.
When pricing your item, also keep in mind the Poshmark fees.
Like most online sales platforms, they take a percentage of your sale.
Make sure you factor that cost in so you have enough profit to make it worthwhile.
Lastly, the condition of an item is hugely important.
The overall condition can dramatically affect the price you get for the thing you’re selling.
So, spending extra time to get it in good condition can be worthwhile.
This could mean taking a clothing item to the dry cleaner or applying a fresh coat of paint to an old piece of furniture.
What Are The Cons Of Poshmark?
Like any online commerce platform, Poshmark has some cons you should consider before you start selling your stuff.
The Poshmark Commission
Of course, Poshmark needs to make money too!
That’s why they have a flat fee of $2.95 for sales under $15.
For sales that exceed the $15 threshold, Poshmark will keep 20% of the sale.
As a seller, you must factor these costs into your price to ensure you are making a good profit.
While this is good for anyone to do, it is especially important for business owners.
You Need To Be Active On The Platform To Make Sales
Not only do you need a Poshmark account to sell items, but you also need to be active on the platform.
This includes attending the virtual Poshmark Parties, relisting items, sharing your listings and others on social media, responding to customer questions, etc.
If your account is like a ghost town and you’re nowhere to be seen, Poshmark does not look at that favorably.
The Competition Is High
As more and more people begin using the platform, the competition increases.
However, that also means more and more people are buying on the platform, so there are also more potential customers.
As long as you consistently follow the tips I shared above, you can slowly start to stand out in the crowd.
Is Poshmark A Great Platform For Sellers?
Overall, Poshmark is an excellent platform for sellers who want to sell things from their own closet or home, but it’s also great for anyone looking to start a side hustle buying and selling items online.
While it may take time to sell your first listing, you can start to build momentum when you follow all the tips shared in this guide.
I hope you now understand better how to make money on Poshmark, and I wish you the best of luck!
Related Articles on How To Make Money On Poshmark:
- How to Make Money Selling Stickers on Etsy
- Make $100 Fast: 11 Proven Ways to Make Money Quickly
- Best Passive Income Opportunities and Ideas
- Rich vs. Poor Mindset: How to be Rich
Enjoyed this post?
It would be great if you could share it and follow me on Pinterest or Facebook.
+ There are no comments
Add yours