How to Make Money on Poshmark: 8 Important Secrets You Need to Know - TL Updates
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How to Make Money on Poshmark: 8 Important Secrets You Need to Know

how to make money on poshmark

Is your wardrobe overflowing with things that you seldom ever wear? Poshmark is a great place to resell your scarcely used clothing and accessories for a profit.

Established in 2011, Poshmark has 80 million users in many parts of the world.  Poshmark is a marketplace where people can buy and sell used clothing and accessories.

Poshmark, unlike flea markets, provides merchants with a product listing service and handles the logistics. It’s also a safe choice compared to local meets and assures payment for all the things approved by the buyer.

So, where do you begin? I’ll walk you through the steps of creating a Poshmark account and selling your wares on the site in this step-by-step guide.

How Much do Poshmark Ambassadors Make?

Many full-time Poshmark sellers don’t make as much money as people who sell things on eBay, Amazon, and other places. Most full-time vendors I’ve encountered who sell only on Poshmark earn a yearly profit of roughly around $30,000 to $40,000.

How do You Start Selling On Poshmark

Now that you’re clear on the potential earnings on selling on Poshmark let’s go through how to establish up on the site as a new seller.

1. Sign up for a free Poshmark account

Signing up for a free account on Poshmark only takes a few seconds. To begin selling on Poshmark, you must first sign up for a profile. You may create a new username and password or connect with Google or Facebook.

Poshmark will then ask you to choose three favourite brands. They may then use this information to find merchants that carry the brands you’re interested in. Poshmark then compiles a list of accounts for you to follow, depending on the brands you pick.

2. Make a sharing schedule that you can stick to

The single most essential strategy applied by many is sharing your wardrobe and goods from other Poshmark closets.  

You can use a simple sharing technique like sharing your wardrobe three times a day. 

If you don’t have the time, that’s perfectly OK! Once a day is a great place to start, and it shouldn’t take you more than five minutes to do.

Setting a timer for 20 minutes and sharing as many posts as you can in that period without having to keep track of your shares is one option.

3. Decide on what you want to sell on Poshmark

In the Poshmark community, you’ll find individuals with a wide range of personal preferences. So you may sell anything you want to, except things that come within Poshmark’s restricted items list. Starting with the most popular categories will bring you your first sale quicker than selling other niches.

Poshmark’s best-selling categories include:  T-shirts, Sandals, Leggings, Tank tops, Bikinis, Sneakers, Athletic shorts, Blouses, Mini Dresses and skirts 

4. Take Good Photographs

This is one of the many secrets to selling on Poshmark. Pictures are vital to selling a product on Poshmark.

Often, individuals use photographs from the internet or photos that have been heavily stylized, but I strongly advise against this. In the long run, utilizing highly stylized photos is more time-consuming than using stock images and puts you at risk of copyright violation.

5. Do some pricing research

This may seem difficult at first, but trust me when I say it isn’t! You can do this by searching for a similar item in your niche. Select the filter option, and then click on availability.

Then click on sold items, and you’ll be able to see items like yours that have already been sold. Check the price of those items, and try to find the average price. Once you’ve found your average price, set your price at 20% higher than it.

6. Value your customers

After a consumer has a query about an item you’ve listed on Poshmark or when you complete a deal, treat them like gold.

Thank them for buying on the listing after it’s sold and tag them. Then don’t delay shipping the product to them. 

Consider giving them a thank-you note.

If there are issues or delays, be sure to notify them as much as possible. Treat your consumer as you would like to be treated.

Some vendors may wrap their items up with elegant ribbons, provide additional presents, include business cards, etc.