Poshmark questions

[Anonymous]

I am selling a bunch of dresses on Poshmark, my first time. If you do this, do you also list on other sites like Ebay? Depop? These are from Banana, Jcrew, Nordstrom, etc. Not fancy but not TJ Maxx quality.

[Anonymous]

I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

[Anonymous]

Anonymous wrote:I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

Wow thats incredible. What app do you use?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

Wow thats incredible. What app do you use?

I use Nifty, which is fantastic. It manages all my shares on PM, as well as my offers across platforms and all my crosslisting. But it’s not worth it for just a few items. I do about $1k/month in sales. It’s just a hobby for me, although I may ramp up when I retire.

There are a lot of similar ones out there for those of us with larger closets, like Primelister, Sidekick, etc.

Flyp is another one that is super low cost ($9/month), but not nearly as robust and requires you to have your computer on all the time.

[Anonymous]

I have mostly given up on selling on Poshmark, and just donate. It can be a full time job to try and get even the most desirable things sold. So if you can cross list, definitely do so. I don't have time for all that, though.

[Anonymous]

Mercari has an import tool so you can cross post. You just have to keep up with the sales yourself. https://www.mercari.com/us/import-listing/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

Wow thats incredible. What app do you use?

I use Nifty, which is fantastic. It manages all my shares on PM, as well as my offers across platforms and all my crosslisting. But it’s not worth it for just a few items. I do about $1k/month in sales. It’s just a hobby for me, although I may ramp up when I retire.

There are a lot of similar ones out there for those of us with larger closets, like Primelister, Sidekick, etc.

Flyp is another one that is super low cost ($9/month), but not nearly as robust and requires you to have your computer on all the time.

NP and i am fascinated by this. Where do all these clothes come from? Are you constantly buying things on the cheap with the expectation you will sell for a profit? or do you have a shopping addiction and you justify by selling things constantly?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

Wow thats incredible. What app do you use?

I use Nifty, which is fantastic. It manages all my shares on PM, as well as my offers across platforms and all my crosslisting. But it’s not worth it for just a few items. I do about $1k/month in sales. It’s just a hobby for me, although I may ramp up when I retire.

There are a lot of similar ones out there for those of us with larger closets, like Primelister, Sidekick, etc.

Flyp is another one that is super low cost ($9/month), but not nearly as robust and requires you to have your computer on all the time.

NP and i am fascinated by this. Where do all these clothes come from? Are you constantly buying things on the cheap with the expectation you will sell for a profit? or do you have a shopping addiction and you justify by selling things constantly?

Not PP, but I know someone who is really good at this. She constantly thrifts and even buys things at places like Nordstrom Rack that she knows she can flip for more money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

Wow thats incredible. What app do you use?

I use Nifty, which is fantastic. It manages all my shares on PM, as well as my offers across platforms and all my crosslisting. But it’s not worth it for just a few items. I do about $1k/month in sales. It’s just a hobby for me, although I may ramp up when I retire.

There are a lot of similar ones out there for those of us with larger closets, like Primelister, Sidekick, etc.

Flyp is another one that is super low cost ($9/month), but not nearly as robust and requires you to have your computer on all the time.

NP and i am fascinated by this. Where do all these clothes come from? Are you constantly buying things on the cheap with the expectation you will sell for a profit? or do you have a shopping addiction and you justify by selling things constantly?

I started by selling stuff out of my personal closet after I lost weight. Then I started thrifting and reselling from there, along with stuff my friends give me. It’s really just a hobby now that I’m an empty-nester. I like the challenge of it and it scratches a shopping itch. I’ve been at it for a few years and probably spend 5-7 hours/week doing it. I’ve got a nice setup in my basement to store things and a photography and shipping station. I’ve learned a lot and have a niche I focus on.

Happy to answer questions about getting started. I learned a lot from TikTok and YouTube.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I sell on Posh, eBay, Depop, Mercari and curtsy. But I only do this using an app to manage my crosslisting as I have about 500 items in my closet.

Wow thats incredible. What app do you use?

I use Nifty, which is fantastic. It manages all my shares on PM, as well as my offers across platforms and all my crosslisting. But it’s not worth it for just a few items. I do about $1k/month in sales. It’s just a hobby for me, although I may ramp up when I retire.

There are a lot of similar ones out there for those of us with larger closets, like Primelister, Sidekick, etc.

Flyp is another one that is super low cost ($9/month), but not nearly as robust and requires you to have your computer on all the time.

NP and i am fascinated by this. Where do all these clothes come from? Are you constantly buying things on the cheap with the expectation you will sell for a profit? or do you have a shopping addiction and you justify by selling things constantly?

I started by selling stuff out of my personal closet after I lost weight. Then I started thrifting and reselling from there, along with stuff my friends give me. It’s really just a hobby now that I’m an empty-nester. I like the challenge of it and it scratches a shopping itch. I’ve been at it for a few years and probably spend 5-7 hours/week doing it. I’ve got a nice setup in my basement to store things and a photography and shipping station. I’ve learned a lot and have a niche I focus on.

Happy to answer questions about getting started. I learned a lot from TikTok and YouTube.

I would love to hear more about this, including how lucrative it is/isn't. Can you estimate an hourly income? Trying to figure out if a set up like yours makes sense as a side gig.

[Anonymous]

Sure, these are extremely ballpark numbers. For the 5-7 hours/week, I’m grossing $1300-1500/month. Net about $800-900 (after COGS, platform fees, other expenses like shipping supplies, and mileage) before taxes. I do track a lot of other deductible expenses too, like internet and home office expenses, but I just hand that over to my accountant.

It’s an easy hobby to ramp up or down based on the rest of my life, travel, etc.

I’ve got my favorite sources for inventory. I tend to stay around an average net sales price of $25-30 because I like to keep my cost of good super low. I know a lot of sellers who are willing to spend more to sell at a higher price and I’m just not there yet in the level of risk I want to take on. But I have scored some cool stuff, like a NWT $1400 Escada dress for $20. It’s fun when you can flip something like that. Or even a Tuckernuck shirt I found for $3 and sell for $70.

[Anonymous]

Buyers need to beware, especially of the ones claiming to import high-end luxury designer goods. The sourcing is very suspect and the sellers can say whatever they want about authenticity. COAs are generally meaningless. These sellers prey on some pretty unknowing people.

[Anonymous]

Anonymous wrote:Sure, these are extremely ballpark numbers. For the 5-7 hours/week, I’m grossing $1300-1500/month. Net about $800-900 (after COGS, platform fees, other expenses like shipping supplies, and mileage) before taxes. I do track a lot of other deductible expenses too, like internet and home office expenses, but I just hand that over to my accountant.

It’s an easy hobby to ramp up or down based on the rest of my life, travel, etc.

I’ve got my favorite sources for inventory. I tend to stay around an average net sales price of $25-30 because I like to keep my cost of good super low. I know a lot of sellers who are willing to spend more to sell at a higher price and I’m just not there yet in the level of risk I want to take on. But I have scored some cool stuff, like a NWT $1400 Escada dress for $20. It’s fun when you can flip something like that. Or even a Tuckernuck shirt I found for $3 and sell for $70.

I guess your inventory sources are the key. I have been thrifting for 30+ years and occasionally resell, but I doubt I could get enough to gross $1K per month and make it work. Where I am, even Goodwill sells sweatshirts and dresses for $15. Unless you are running one of those places that pick through your bags and pay 1/3 of the estimated sales price on the spot.

[Anonymous]

Anonymous wrote:Buyers need to beware, especially of the ones claiming to import high-end luxury designer goods. The sourcing is very suspect and the sellers can say whatever they want about authenticity. COAs are generally meaningless. These sellers prey on some pretty unknowing people.

Yep. Just saw a piece of “designer” costume jewelry sold for $60 when the actual price is $1,500. It was obviously a dupe, one look at the original could tell you that the two are not the same. I hope the buyer knows what they are getting.

[Anonymous]

Sellers need to be aware too. One really crappy buyer sours the whole affair.