I recently made an amazing discovery called Poshmark.
Poshmark is an app on your cell phone that is a mix between ebay and a consignment shop.
It's a great tool to sell the clothes, shoes, and accessories that you own but no longer wear.
No, I'm NOT getting paid to write this post. Poshmark has no clue that I even exist...
To make a long story short, Poshmark let's people shop in your closet and you in others.
Jax's Poshmark Closet
...I'm totally not marketing my stuff right now. This is to show you a real life example...
Pros of Using Poshmark
1. User Friendly
The app is extremely easy to use.
To list an item you click "sell" and then take a few pictures directly in the app.
Trust me when I say that if it wasn't super easy to use, I wouldn't waste my time.
2. You're Protected.
Poshmark has a whole bunch of rules & regulations that protect you.
As long as you list your item accurately and don't sell damaged goods, they'll back you up.
They protect you as a buyer also. It's the seller's responsibility to fully disclose everything.
3. Poshmark Deals with the Shipping.
After someone makes a purchase, the seller will receive a prepaid shipping label.
Your prepaid label will also give you a free box at the post office.
I mean, what's easier than hitting print, taping on a label, and dropping the package off!
4. No Paypal
After Poshmark confirms that the buyer's funds have cleared, you have (3) payment options.
You can purchase something on Poshmark, get a check, or have the money put into your bank account.
Some people may see this as a negative, but I don't have a Paypal and I don't want one!
5. You Price Your Items
You make your own price for whatever amount you feel the item is worth.
They even have a NWT (new with tags) option so you can flag the item as such.
Take THAT you savvy online abbreviation people!
There is a comment system that allows you to communicate with the buyers and sellers.
The comments are public and can’t be deleted which eliminates future inquiries.
Besides, you get to chat with other stylish people that share your taste! Hello fun!
7. Offer Button
If a buyer is interested in your product, but doesn't want to pay full price, they can make a private offer.
This is a pro because people can haggle privately instead of in the comments section.
Remember, the comments can not be deleted, so if you agree to a lower price you can't back out.
8. Sharing Button
You can take an item in your closet or someone else's closet and share it to all your followers.
This is great because it's Poshmark etiquette for fellow Poshmarkers to return the favor.
Sharing someone's item to all your followers allows for a lot of exposure which is great!
Cons of Using Poshmark
9. You Only Keep 80% of Sale.
Poshmark charges you a 20% fee for items sold through their application.
When pricing your item, you may want to keep this in mind.
Remember, they are paying for the shipping and they are protecting you with that cost!
10. Used Items Sit.
The few items that I had flagged as NWT sold surprisingly fast.
The older, used items have been sitting idle in my Poshmark closet for a while.
I guess that means lowering the price to a really, really good deal!
This has been a great way for me to clean out clutter from my closet and make extra cash.
Now, if only they'll create an app for our men's closets too!
Poshmark get's the Jax Seal of Approval!
Have you or will you try Poshmark?