Up until recently, I would never, ever think about selling my unwanted clothes, shoes and accessories. Whenever I clean out my closet, I usually donate everything. However, my mind changed when I needed to buy a new pair of nude heels for an upcoming wedding I’m attending. Back story: I bought a pair of nude patent leather pumps, which I wore to a wedding last summer, and they were so uncomfortable that I never wore them again. I didn’t want to buy a new pair of nude patent leather heels when I had a basically brand-new $100 pair sitting in my closet. What a waste of money! Enter: the idea of selling unwanted clothes.
After reading an article on Refinery29 about a girl making over $100,000 selling clothes on the app Poshmark, I wanted to give it a try, especially after attempting to sell my shoes on eBay completely failed. I’ve been using Poshmark for about two weeks now and I’ve already learned a lot about this virtual marketplace. After reading in the R29 article that the author’s unwanted poncho had sold in 20 minutes, I expected my items to sell almost immediately and that was certainly not the case. Poshmark requires a user to interact and be present on the app, you simply can’t list an item and expect it to sell without doing any extra work. On that note, here’s what I’ve learned.
– You have to interact with other users by following them and sharing sales. This allows you to get more exposure and gain followers.
– Poshmark recommends having at least 10 listings in your “closet” to start out.
– Make sure to have a great cover shot because this is the first picture users will see. Some people style it themselves or use a model shot from the company website if the item is current.
– Describe your items accurately! Give users as much detail as you can, including how something fits or how many pockets are on the inside of a bag, etc. You also want to be sure to note the condition of a product. If something has a rip, stain or has been worn, then say it.
– If you’re selling an item for $15 or more, Poshmark takes 20% of the listing price and you keep 80%. If an item is $15 or less, the fee is $2.95. When you list an item price and it’s over $15, Poshmark will automatically tell you what your earnings will be.
– Attend Posh Parties to share your listing with thousands of potential buyers. Posh Parties are shopping events on the app at designated times throughout the day and everyone shares listings specific to that party, so it’s a great way to get more exposure.
– Respond back to comments on your listings and answer any questions potential buyers may have.
– Once a listing sells from your closet, Poshmark will email a pre-addressed USPS Priority Mail shipping label, so all you have to do is go to the post office and pack it up in a free Priority Mail box. It’s really easy!
– Pack your items nicely, with tissue paper and a little thank you note.
– Poshmark allows sellers to ship items within seven days of a sale, but it’s better to ship items out ASAP and most sellers ship items within 2-3 days of a purchase.
– You can get paid via direct deposit or request a check. Once the buyer receives their item, the money is released to your Poshmark account within three days.
– You can trade items with other sellers, but it’s not protected under the Posh Policy so it’s at your own risk.
– If a potential buyer wants to purchase two or more items in your closet, create a bundle for them with all the products in one listing so they only have to pay one shipping fee.
So far I’ve sold two designer bags, designer sunglasses and a bracelet! It’s a refreshing feeling to get something out of your closet that’s been there for a long time and make money off it!