Complete Guide to Make Money on Poshmark in 2021
One of the most popular side hustles these days is selling items through an online store like Poshmark.
Name-brand clothing, shoes, and accessories are always in high demand. Consumers will search high and low for a good deal on these types of items and apps like Poshmark make it easy for people to buy and sell trendy, fashionable clothing items online.
A few sellers on this app earn a substantial side income and sometimes even a decent full-time income. Some even make six-figures or more per year!
In this post, I’ll outline the best ways to make money on Poshmark, some tips to make more money on Poshmark, where you can find items to sell on Poshmark, and more. Let’s get started!
What is Poshmark?
Poshmark is a social reselling app where users can buy and sell new or used items such as clothes, shoes, accessories, and home products.
Sellers can list their products right from their smartphone remotely, which makes selling on Poshmark a great side hustle you can start from home to make money fast.
Unlike other online marketplaces like eBay and Mercari, Poshmark focuses mostly on fashion and well-known clothing brands.
All you need to get started is a smartphone with a camera, a place to snap some photos, and some lightly-used clothing.
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How the Poshmark App Works
The Poshmark app is fairly simple to use and navigate. Your own personal store is considered your “closet”. This is where your listings and items will appear for others to purchase.
If you list items well and consistently, you will receive followers. When you list a new item, it will appear in your follower’s feed for them to purchase if they would like.
In the app, you will also see something called “parties”. These are virtual shopping events where advanced sellers create showrooms for different themes or brands.
When you first log into the app, you will see it is broken down into five different sections:
Your feed allows you to search and scroll to see shared listings that you may be interested in.
The Shop tab shows you different categories for brands, your liked items, showrooms, markets, parties, and people.
This is where you go to add a new listing to your Poshmark closet.
The News tab lets you check your alerts, comments, offers, orders, likes, bundles, shares, and follows.
Your Seller Page
Your personal seller page allows you to check anything having to do with your account. Here you can see your closet, likes, offers, profile, purchases, sales, tools, and more.
If someone purchases one of your items, you are required to ship it out with a pre-paid label that Poshmark sends to your email.
The buyer must then receive the item, accept that they have received it via the app, and rate their purchase before any money is deposited into your Posh account.
From there, you can either transfer your earnings from your Posh account directly into your bank account, or you can use the money towards your own personal purchases through the app.
How to Start Selling on Poshmark
To begin selling on Poshmark, you first need to download the app and then create an account. You’ll need to include some basic info including your name and email address to get started.
This includes creating a username that will ultimately become your closet name. Your closet name should be something simple to pronounce and easy to remember if you plan on selling consistently.
The more detailed you make your account, the easier it will be for Poshmark to showcase your closet to potential buyers. Try to fill out as much information as you can including your social media links, where you go to school, your likes and dislikes, etc.
Once you sell your item, Poshmark will send you a prepaid shipping label for you to pack and take your local post office or leave in your mail box.
Poshmark Selling Tips and Tricks to Make More Money
The more high-quality listings you post, the more money you can make.
Listing items on Poshmark is fairly straight forward as well. All you need to do is list some photos, write a detailed title, fill out the item details, and then list it.
The process is so simple, anyone can do it. However, there are a few tips and tricks that can help you sell items quicker and for a higher price.
Take Quality Photos
For your listings to stand out, you will want to take well-lit, high-quality photos for each listing.
Best of all, you don’t need an expensive camera to take great photos! You can either take photos of your items on a mannequin or in front of a blank, smooth surface for best results. Brightly lit photos will have more pop than their darker counterparts.
It’s also important to remember that the more photos you take, the more likely the item will sell. Buyers tend to want to see every angle of the item you are selling before they make the purchase.
Write a Quality Title and Description
Writing a detailed title and description will help buyers find your items in search much easier.
Put yourself in the buyer’s shoes when writing this. How would you search for a product to find it? What would you like to see in the description to help you make the purchase?
In the title, start with listing the brand name, the type of clothing (dress, shirt, etc.), and then the size and color if it fits.
Make sure to list as many details as you can about the item in the description as well. If an item has damage, make sure to clearly list it and photograph it. The buyer will appreciate the transparency and doing so will result in better reviews for your store.
Providing as much detail as possible will ultimately sell items quicker and will prevent the need for buyers to contact you with questions.
Price your Items Correctly
Your photos and description won’t even matter if your price isn’t set right.
If you set your price too high, buyers will be turned off and most likely won’t bother with sending an offer. If the price is too low, you will miss out on a lot of potential profits.
Don’t know where to start?
Look up the same item that you are selling to see what others have recently sold for. Then you can determine the condition of your own item and list the price accordingly.
Be Available and Responsive
Think about a time where you texted or emailed a company or individual to ask a question and you didn’t hear back for a few days.
This type of customer service typically doesn’t help your online store when you are selling products.
If you receive a question on an item, try to answer it professionally and promptly. This will show buyers that you are available and are a reliable seller. People want to know that you are a legitimate seller so it’s important to take the time to respond to any inquiries.
Know what you are Listing
Listing knock-off and counterfeit items will get you in a load of trouble. Before you buy anything for reselling, make sure you know exactly what you are buying.
If it seems too good to be true, it probably is.
Be Active on the App
To make money on Poshmark, it’s important to consistently stay active on the app and share your closet as much as you can.
You can do this by joining parties, following people, following people back who follow you and creating relationships with your buyers.
Sell New Items
If you want to make more money on Poshmark, it’s a good idea to offer a variety of items for sale instead of just one type of item like clothing. Sellers who are more diverse in their listings tend to make more money.
To find new items for your closet, you can consider
Promote Your Listings on Social Media
Social media can be an excellent way to get more eyes on clothing and accessories in your closet, helping you to make money faster. If you’re just getting started selling, using social media can be a great way to help your reputation in the beginning. Whether you’re posting on Facebook, Twitter, or Pinterest, try giving your closet a boost by letting people know about your clothes and accessories for sale!
Sell Top Brands
Selling the most well known brands will help you to sell more, making it easy to make money using Poshmark. People are always searching for these well known brands at a discount, making it a great opportunity to make more money and increase your earnings on Poshmark.
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How Much Does it Cost to Sell on Poshmark?
Unfortunately, selling on Poshmark is not free. For every sale, you’ll be assessed a small fee to keep the platform going.
Because Poshmark covers shipping costs and credit card fees, you won’t have to worry about this after selling your items.
There is no cost to list an item on the app.
However, whenever you sell an item, you’ll be charged between $2.95 and 20% of the selling price. For items sold under $15, you’ll pay a $2.95 fee. For items sold for more than $15, you’ll be charged 20% of the selling price.
Where to Find Inventory for Poshmark
If you want to make money on Poshmark but you aren’t sure where to get started, don’t worry! You have options.
Here are some of the best places to find inventory to stock up your new Poshmark closet:
Sell some of your own clothes
Do you want to build an inventory but don’t have any money to invest? Start by selling some of your own clothes, shoes, accessories, or other household items. You may even consider asking friends and family for donations as well.
Once you have made your first few sales, you will be ready to invest in purchasing more items at a low cost to sell them for a higher price.
Thrift Stores and Garage Sales
Thrift stores and garage sales are great places to find new and used clothing items at wildly discounted prices.
Make sure to consistently look up these items before you purchase them to make sure that you can actually turn a profit on them.
If you’re selling clothes on Poshmark, garage sales are the perfect method to find items for cheap. You can often find people who want to sell items for virtually any price, giving you an awesome opportunity to make money on Poshmark.
Sometimes you can find great deals on online marketplaces like Facebook Marketplace, Craigslist, or OfferUp.
Some people get rid of clothes and shoes for free that you can pick up and then sell for a profit.
And sometimes other resellers will retire and sell their entire inventory at once. In this case, they will typically offer a bulk deal for way cheaper than what they bought the items for in the first place.
Finding these types of bulk deals are rare, but worth keeping an eye out for.
Retail arbitrage is where you buy brand new, on-sale items and then resell them for full price online.
This option will require a larger investment but will typically make you a lot of money.
Is it worth it to sell on Poshmark?
The short answer is: yes!
Buying low and selling high has been a popular business model for years. And with growing technology, it has never been easier to jump on your smartphone, click a few photos, and list some items.
Once you get the hang of it, you will be able to list and ship items faster than you thought possible.
If you are willing to put in the work, selling on apps like Poshmark can earn you a decent side income at worst and a thriving full-time income at best.
How Much Money Can You Make Selling on Poshmark?
Your income potential selling on Poshmark is almost limitless. As ling as you can find clothing, accessories, or shoes to sell, you’re in business.
Some sellers have reported making more than $100,000 annually selling on Poshmark alone making it an awesome side hustle to start today.
Final Thoughts on Making Money with Poshmark
Selling on online apps like Poshmark is a fun and creative way to earn money from home. Using the app is a breeze, making it quick and easy to sell your items and make money.
Whether your goal is to work on your store part-time for side money or full-time to be your own boss and work remotely, reselling is one of the best options.
This concept is so simple, anyone can do it. All it takes is some hard work and determination to become successful. Whether you’re selling clothes or name brand shoes, selling on Poshmark is a great way to make money while getting rid of items you no longer want or need.
Have you tried to make money selling on Poshmark? Comment your experience below!