Have you guys heard of Poshmark? Poshmark is a free app that allows you to buy and sell clothes, shoes, bags, jewelry, household goods, electronics and more right from your phone. Just download the app (available for android and ios), create an account and immediately begin buying and selling!
A How-To Guide For Buying And Selling With The Poshmark App
Once you download the free app, you can sign in using Facebook or by using any valid email address. Complete your profile by adding some details about yourself (your size, your location, your favorite brands, etc.) to optimize your buying and selling experience. After that, click “sell” from the main screen and you are on your way!
Selling On Poshmark
Some Tips For Having Successful Sales:
Buying On Poshmark
Buying on Poshmark is super simple. On the main screen you will see a feed of recently shared items, which you can browse as you like. If you'd like to check out a particular category, like Beauty & Wellness, simply click on the link in the upper toolbar. If there's something specific you're looking for, enter it into the search bar. Let’s say you’re interested in black heels, size 9. You can enter that info in the search bar and all black heels size 9 that are up for sale will be listed. You can narrow your search by entering additional search terms, such as designer labels, material, etc.
When you find an item you are really interested in purchasing, you can click "offer" and make an offer to the seller for a price you find more reasonable (many sellers will list an item for $5-$10 more than they anticipate actually selling it for, taking into consideration offer discounts, platform fees and shipping discounts). Or, if you find the price acceptable, simply click "buy now". Follow the prompts to complete your purchase and voila! You've bought your first item on Poshmark!
You can also leave questions or comments on a listing for the seller before deciding to buy an item. Active sellers should respond pretty quickly.
Items ship via Priority Mail and the one price you pay for shipping covers a package weight of up to 5 pounds. So if you are interested in purchasing more than one item from a seller, bundle and offer: you'll still only pay that one price for shipping.
Now there are a few things to consider when using this app. Thankfully, I did my research before I began buying and selling on Poshmark, but it wasn’t anything I hadn’t already considered when using eBay or Amazon:
Buyer Beware. Poshmark is known for discounted, name brand merchandise, but I myself would NEVER purchase anything over $100 from Poshmark. There are too many scammers ready to rip you off and while Poshmark does offer concierge service (for an additional charge they will act as a middleman and authenticate merchandise before you receive it), I do not want to buy anything name brand or designer without seeing it and touching it for myself first. Of course, your prerogative may be different, but the complaints about being duped out of high end merchandise are too great for me to take that chance.
Retail Sales from Sketchy Merchants. Much like eBay and Amazon, this site is starting to get inundated with knockoffs and cheap imitations, flimsy clothing and subpar handbags, jewelry and other accessories. Check the seller’s ratings, ask questions and use your best judgment.
Commission Fees. The biggest drawback to Poshmark is their high commission. They take 20% straight off the top. Transactions are not handled between buyer and seller, but rather Poshmark and buyer. Once payment is made to Poshmark for the cost of the item plus shipping, Poshmark will take their 20% cut, and credit the seller the balance. The seller can then decide to either keep the funds in their Poshmark account or request they be direct deposited into their bank account. It's been my experience that once you request direct deposit, receiving funds has been VERY fast!
All in all, Poshmark is a great place to buy and sell pieces that may just stay tucked away in your closet for eternity. It’s a great place to be sociable, empower other women and dare I say, make a friend or two?
EARN A $10 CREDIT JUST FOR SIGNING UP WITH THE APP! Enter code ATHOMEWITHDANEEN when setting up your account.
Want more info? Check out Poshmark's own "Guide to Poshmark", and browse their most frequently asked questions. You can learn more about buyer and seller protection, becoming an Ambassador, contests, promotions and more.
Do you use Poshmark? What do you think? Let me know in the comments below!