Is Poshmark legit, or just another bad reseller platform?
If this question has been bothering you for some time now, you can find its answer after going through this comprehensive and thorough Poshmark review. We have critically evaluated the Poshmark platform for you to find out whether it is really possible to make money on Poshmark or is it just an illusion.
Let’s start with the basics!
Poshmark Review: What is Poshmark?
Those who have recently heard about Poshmark and have no idea what it is, here’s a brief explanation.
Poshmark is basically a Smartphone application available on Android as well as Apple iOS devices in the US. It is a platform on which anyone can sell their clothing items which they do not want to use any longer. However, not every clothing item can be put up for sale. Only items which are unused or gently used are fit for selling on Poshmark.
Its a great way to get rid of castoffs which don’t match your fashion sense or are not a good fit. You can make your wardrobe clutter free and earn some hard cash while doing so which you can utilize to try a new brand or a particular item which you have been eyeing for a while now. Its seems like a win-win situation, right?
Well, let’s test this platform first and then reach a conclusion.
Poshmark Review: How To Use Poshmark?
With more than 25 million listed items for sale on Poshmark, this platform does seem very popular for selling clothes that are no longer useful to you. It not only allows you to sell but gives the option of buying as well.
Let’s focus on selling on Poshmark first.
Poshmark Review: How to Sell on Poshmark?
Have a closet full of items which are just hanging there for no reason?
List them on Poshmark for sale.
How can you do that?
Go to poshmark.com and sign up for an account. Then download the application. Once you have the app on your device, open it and click on the ‘sell’ button. Then simply click a picture of the item that you want to sell with your smartphone and upload it on the Poshmark Buy & Sell Fashion application. The app allows you to upload four pictures of the same item. A great feature is that there are in-built filters with which you can glamorize the pictures to make them more alluring.
Add an attractive description to the picture which highlights the features of the item. Don’t forget to give a title for the item along with the description and details like size and category. Finally, set a reasonable price tag for the item which takes into consideration the condition, brand value and trend relevance of the product. Click on ‘next’ and ‘list’. That’s it. Your item is listed in your Poshmark closet. You have your very own personalized clothing store within 30 seconds at no expense. You can share it with all your friends. The Poshmark Buy & Sell Fashion application works without a glitch and is fairly simple to use.
In case you want to change a detail after listing, you only need to choose the ‘edit’ option on the top right hand corner of the screen. After making the changes in the description, photos or price, you need to select’ next’ and ‘list once again to save the changes. Once you have made a listing through the app, you can add to the list from the web as well by going to the Poshmark website and signing in. The rest of the process of creating a listing is the same.
Whenever someone places an order for your item, you get notified by Poshmark and get 7 days to prepare the package for delivery. The company recommends that you send the package within 2 days so that it can be delivered to the buyer quickly. The customer also gets the option of making an offer which you can either accept, reject or negotiate. After the deal is done and order is placed, the delivery process starts.
A major advantage is that Poshmark provides you with pre-printed USPS Priority Mail shipping labels via email which you just can stick on the box and drop it off at the nearest USPS mailbox or have it picked by a Poshmark personnel for free from your home. There is no need to pay anything. However, make sure that the email address that you provide is an active one. In case you do not receive the mail, you can manually download it by going to the ‘My Orders’ section on the website or app and selecting the correct label.
If you are not able to send the package within 2 days, you need to print a new shipping label by going to the Poshmark website and click on the ‘resend shipping label’ option under the relevant order. The order may be cancelled by the buyer if you do not send the item within 7 days. If you know that you cannot make the delivery within this time limit, you should state so in the description of the product to avoid conflicts in the future.
The maximum time limit for fulfilling an order is 21 days after which the company can automatically cancel the order. This system of delivery is applicable to orders below $500. When orders exceed this value, the package is first taken to the Poshmark headquarters and verified before dispatching to the customer. This system is termed the Posh Concierge Service.
Poshmark does not charge anything for listing items on the platform. However, there is a charge for every sale conducted on Poshmark. Here’s a list of the fees charged for different sales:
- Poshmark charges a commission fee of $2.95 per sale is the total order value is less than $15.
- There is a 20% commission rate for sales worth $15 or higher.
The payment is not given to you till the item reaches the buyer. After the product is delivered, the buyer gets a window of three days to accept or return the product. If there is no return request from the buyer, Poshmark releases the funds to your account on the fourth day. The money in your Poshmark account can be used for making purchases on Poshmark or it can be withdrawn as cash.
It’s pretty straightforward, isn’t it?
Now let’s move on to the process of buying.
Poshmark Review: How To Buy On Poshmark?
How exciting it is when you are able to shop something that you really envy from somebody else’s closet, isn’t it? If you think that such an opportunity is never going to be available to you, don’t give up hope. Poshmark is here to give you access to the wardrobes of millions of people across America and buy the styles that you adore with just a click of a button. That’s amazing, right?
With more than 5,000 brands available at attractive prices, you can shop for all your favorite labels without worrying about going overboard with the expense. All you need to do is download the Poshmark Buy & Sell Fashion application from the app store on your smartphone and set up an account. Then browse through various closets and narrow down your search with the help of brand names.
Whatever you like can be compiled into a list and shared with friends. Another great feature is the Posh Party which you can join with your friends to check out several themes and brands and buy clothes on sale. Every order that you place on Poshmark is safeguarded by Posh Protect so that you are not misled or cheated out of your money. There’s a huge collection of all kinds of trendy clothes available on Poshmark. You can find clothes of every size and price range here. Poshmark offers a community-like environment where you can chat with other members and discover amazing styles, all in one place.
Step-wise process for buying on Poshmark
1. Finding items
The first step is to browse through the items available on the platform. This is very simple. You can choose from a range of categories like Poshmark for men, Poshmark for children and Poshmark for women which have several subcategories as well. Another way of narrowing down your search is to sort according to broad categories like brand, shoes, clothing, and accessories. The last and easiest way to locate specific items of your choice is to type a keyword in the search bar. Once the search results are displayed, you can simply click on any product to check out its features. Site navigation is smooth so people who are not very tech-savvy can also find their way through the millions of products.
2. Making a purchase
After clicking on a particular item and going through all its features, if you really like the product and are happy with price, you just need to press the ‘Buy Now’ button. In case the price seems to be slightly higher, you can make an offer to the seller by quoting a lower price with the help of the ‘Offer’ button. You need to follow this up by entering your payment details and shipping address. Then click on either ‘Submit Order’ or ‘Submit Offer’. That is all you are required to do. The rest of the process is handled by Poshmark.
3. Getting the delivery
The seller is supposed to dispatch the item within 7 days. Once the seller dispatches the item, you can expect its delivery within 7 to 14 days. After receiving the package, you need to check the item thoroughly. If there is any defect or issue with the item, you have three days to place a return and cashback request. After that period no request is entertained. You are protected by Posh protect when you make a purchase so there’s no need to take stress about getting your money back.
Now comes the main part!
How To Make Money On Poshmark
After understanding how Poshmark works, you must be wondering how much you can earn or save through this platform, right? Here’s a quick overview:
Selling On Poshmark
There are a few points which determine how much you can make on Poshmark by selling clothes, shoes and accessories.
– Number of listings
– Type of Items for sale
– Brands you are offering
It is natural that the more listings you have the more money you can make because chances of sales are higher. The second way of making a good profit on Poshmark is to list just two or three branded items and set a price which matches their brand value. If the pieces are trendy and designer, you are bound to find many takers who are ready the asking price.
There are several success stories to get inspiration from in which people have made upto $500,000 using this platform. Isn’t that great? Though this figure is hard to believe, it is achievable if you have an endless supply of items to sell. This is just an example which shows the money-making potential of Poshmark and you can take inspiration from it.
Buying On Poshmark
Whether its a shoe or a bag or a dress that you are looking for under a specific brand name, you can find it on Poshmark at very reasonable rates. Here are a few categories that you can browse through:
Poshmark For Women
There’s a wide range of women’s clothing available including dresses, tops, swimwear, pants, sleepwear, jackets, jeans, sweaters and a lot more. Brands like Nike, Michael Kors, Louis Vuitton, Gucci, etc. are featured on Poshmark. All kinds of handbags and footwear can be found in one place.
Poshmark For Men
Be it suits and blazers, jackets and coats, sweaters, shorts, shirts or shoes, men can shop for everything on Poshmark in a hassle-free manner.
Poshmark For Children
Pajamas, Matching sets, costumes, shirts and tops, one piece sets, dresses and bottoms for kids are readily available on Poshmark at attractive prices. Children quickly outgrow their clothes so buying clothing items at highly discounted rates from Poshmark is a good way to save money.
There are unlimited varieties to choose from and the items on sale are just gently used so you need not worry about the quality and condition of the product that you are buying. If you have a budget kept aside for shopping then Poshmark is the best place to give your wardrobe an overhaul.
However, always make sure to compare prices of a particular item or similar items on two to three online shopping portals before purchasing. This is recommended because you may not always get the best deal on Poshmark even though the price of an item is lower than its original retail price in the market as the sellers try to make a good profit.
Poshmark Review: Pros Of Poshmark
1. Accurate Customer Targeting
Compared to other platforms like eBay and Craiglist, Poshmark gives you better access to your exact target demographic. The other two portals are generic ones because they cover all kinds of products. However, Poshmark just focuses on people looking to buy and sell fashion items. So despite having lesser traffic than the other eCommerce platforms, Poshmark is the best place for everything related to fashion. You know what your audience wants and the chances of making a sale are much more definite than on any other similar platforms. You can even charge a high price on Poshmark because there is demand.
2. Huge Community
For sellers a huge community of fashion lovers is a boon because they get a ready customer base with whom they can interact and increase sales. As there are so many takers with varied preferences, your listed items are bound to find a buyer sooner or later.
3. Buyer Pays Shipping
This the best feature on Poshmark as it makes delivery so easy. Whenever you sell on Poshmark, you don’t need to pay a single penny extra apart from the fixed commission rate. Just pack the order and print the ready label to ship it.
4. Simple Navigation
The layout of the Poshmark application and website is so organized that you do not face any trouble while navigating it. You can easily locate the item that you want to buy or list an item within 2 to 3 minutes.
5. Quick Communication
Buyers and sellers can interact through chats or messages regarding any order-related queries. Direct communication ensures transparency of transaction and enhances customer satisfaction.
Poshmark Review: Cons Of Poshmark
- No Free Shipping For Buyers
If you are a buyer, be prepared to pay $6.49 for shipping. This can make your purchase more expensive than you had planned for. Always compare the additional costs and discounts to see whether a deal is feasible or not. It doesn’t hurt to ask the seller if they can negotiate on a shipping price!
2. High Selling Fees
The commission rates of $2.95 on orders upto $15 and 20% on orders of higher values is quite a big cut which can certainly slow down your money-making process on Poshmark. However, if you wait patiently for some time, small profits can grow into a substantial fund which you can either save or se for revamping your wardrobe.
3. No private messages
Poshmark does allow buyers and sellers to interact directly. However, this can be done only through the public comments section. This can sometimes turn embarrassing when you are dealing with a dissatisfied customer or resolving queries.
Poshmark Review: Tips For Using The Platform
If you are just starting out as a buyer or seller on Poshmark, go through some of the handy tips given below for a good first time user experience on the Poshmark Buy & Sell Fashion application.
->> Post high quality pictures
The pictures of your item should have great lighting so that the actual color of the item can be accurately captured. Give full length as well as close up shots through which customers can see all the details clearly. Good pictures ensure higher sales.
->> Share other users’ closets
The secret behind increasing sales on Poshmark is to spread your network and improve your visibility on the platform. This is only possible when you share items belonging to other sellers or Influencers on Poshmark. They may reciprocate by sharing your closet. This way you can get access to their followers as well.
->> Give as many details as possible
The first thing that a buyer checks while checking out an item is its size. Sizes also vary from brand to brand. So don’t forget to include proper measurements of every item. Also mention details like color, fabric and category of the item that you are selling. When the customer gets a clear idea, chances of a purchase increase.
->> Negotiate when you think its required
You do not have to pay the asking price for an item if you feel that it is beyond reasonable. There is the option of making an offer which you should definitely make use of to haggle with the seller. Quote a price which you feel is fair and wait for the seller’s reply. The seller might just accept your offer if he wants a sale and you can get the item at a discounted rate.
->> Purchase smartly
If you buy two or three items from a single seller, there are chances of getting discounts between 10% to 15% on every item. Isn’t that amazing? What’s more? You are just charged a single shipping rate when you club three or more purchases. Its a really smart way of saving money.
Poshmark Review: Final Verdict
According to our analysis of the Poshmark Buy & Sell Fashion application as well as the online platform, the user experience is quite good. It is a great way of selling any unwanted fashion items and making some money in return.
For new purchases as well, it is a very cost-effective way of buying branded stuff. So the answer to the question ‘Is Poshmark legit’ is a definite yes. There are some areas which need more work but overall the platform delivers what it claims.
So go ahead and create your very own success story by setting up your Poshmark account today!