Sometimes we overlook the opportunities to make money that are right in front of us. Everyone wants to jump on the side gig bandwagon, and they search endlessly for ways to do it.
The answer is right in front of you.
Selling clothes online is not a new thing, but it has surely catapulted in recent years because there are so many marketplaces you can sell clothes on. It’s not only clothes but you can also sell accessories, shoes, jewelry; the list is endless.
According to this report, you can reduce your carbon footprint when you reuse or recycle clothes. That’s another strong reason to consider reselling your clothes if you don’t need them anymore.
There are many websites that are great platforms to sell clothes and accessories on. One of them is Poshmark.
Today you will learn more about Poshmark, the popular marketplace for selling clothes, shoes, and accessories.
Beginners guide to selling on Poshmark
What is Poshmark?
Poshmark is an e-commerce platform for people who want to buy or sell second-hand clothing. Poshmark makes it very easy for anyone to make money by selling the clothes they don’t need. It has high-end brands like Coach, Louis Vuitton, Chanel, Michael Kors, etc. With over 60 million community members and 100 million items for sale, Poshmark is the place to get started if you want to make that extra cash.
Apart from clothes, it also sells shoes, accessories, home decor, kids’ and men’s clothing, and beauty products.
How does Poshmark work?
This is the simple part. You can start selling on Poshmark through the website or app.
- Just sign up online through the app/website.
- Then upload your item (you can upload eight photos at a time) and provide the right description, title, and price. It’s important to describe your item to get more eyes on your listing.
- Once your item is sold, Poshmark sends you a free pre-paid, pre-addressed label. You just have to pack the item and drop it at a USPS mailbox or get it picked up.
- After the buyer receives the item, you get your money via direct deposit or check.
What can you sell on Poshmark?
You can sell a lot of stuff on Poshmark like clothes, fashion accessories, kids’ clothing, home decor, art stuff, and personal care products. Pre-owned garments should be in good condition and beauty products should be new and unused.
Poshmark also encourages selling handmade fashion and permitted home goods.
How much does it cost to sell on Poshmark?
Poshmark charges a flat rate of $2.95 for sales under $15. For items priced $15 or above, the fee is 20% of the listing price. Some would say this is a BIG commission when it comes to the side gig of selling used clothes. But all the advantages of effortless shipping, a large community of sellers, a huge platform, and the little perks like the Posh Parties can explain the commission cut.
What about tax?
Posh Remit is a service provided by Poshmark that regularly submits the seller’s state and local tax on their behalf. Your sales report will have all the details of your sales tax.
Tips for selling on Poshmark
Join Posh Parties – Posh Parties are virtual shopping events where you can sell and buy clothes, accessories, and home goods. There are four parties every day with different themes. If the item you want to sell matches the party theme, just share it via the app. This is a great way to get more eyes on your listings.
Learn how to list – As with any other selling platform like eBay or Amazon, you need to be 100% on point with your title, description, and photos. Creating the right titles with a good description that exactly shows your item will give your listing more exposure.
Photos, Photos –Taking good photos that showcase your item in the right light is also super important. Take multiple shots, preferably in daylight and from different angles, for best results.
Promote your listing – Once you have created your listing, you can use Poshmark’s Posh Stories feature to get the word out, but for better exposure, you can also share it on social media channels and with friends. This can really help to ramp things up.
Poshmark also expects you to stay active on the app to promote your listings to your followers. This helps your listing to get more attention.
Bottom line about selling on Poshmark
Selling stuff online is one of the easiest side gigs to take up if you are looking for extra money or saving for emergencies. Poshmark is a good place to start if you have many branded items to sell and want a community experience. Though the high commission is a downer, its hassle-free shipping and listing processes and other unique features make it one of the best marketplaces to sell clothes.
Published at Mon, 21 Dec 2020 09:35:35 +0000