I saw a meme on Facebook this morning and I about lost it. It said, only nine more Friday’s till Christmas! I seriously cannot believe it’s already so close! Every year I tell myself this is the year I am going to do better. I am going to plan more. But then, Christmas kind of sneaks up on me and I end up wondering, how am I going to make extra money for Christmas this year?
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Thankfully this year, I found a side-income that actually works! If you haven’t already heard about Poshmark, I’m about to tell you everything you need to know to get started on Poshmark so you can make extra money for Christmas this year! (I’m even going to share a special sign up code to get a FREE $10 in Poshmark credits!!)
What You Need to Know About Poshmark
Poshmark is the largest social commerce marketplace for fashion. Anyone can buy, sell, and share their own unique personal style.
Poshmark has over 2 billion connected social media accounts and millions of sellers and shoppers.
Unlike other self-seller sites, Poshmark is solely for fashion and housewares.
Follower-Based Selling System on Poshmark
Throughout the years I have sold on many websites and Poshmark is by far one of the easiest places to list on.
While it’s a little bit harder to start selling on Poshmark since the app uses a follower- based system, once you start getting active on the app, Poshmark makes it super easy to sell your clothes for cash.
All About Selling on Poshmark
- Poshmark charges sellers a simple fee of $2.95 for items that sell $15 and less and 20% for all items over $15.
- Poshmark is one of the only sites that is contracted with the USPS to provide discounted shipping prices for buyers. Sellers do not pay for shipping, but buyers pay a flat fee of $6.89 an order for priority mail 2-day shipping.
- Poshmark makes it easy for sellers as they collect and remit taxes for sellers to the proper states.
What Kind of Stuff Sells Best on Poshmark
Poshmark is all about fashion. The best things that sell on Poshmark is name-brand, luxury brand and brands that are generally more expensive. Since buyers offer discounts of sometimes more than 90% off of retail, users are constantly searching for great deals on their favorite brands.
Some of the brands that sell well include:
- Tory Burch
- 7 for all Mankind
- Kate Spade
- North Face
- Free People
If you don’t have these brands, you can still start by selling the clothes you no longer wear.
I’m Ready to List, How Do I Get Started
Once you have downloaded the Poshmark app, you need to create a login. You can do this with an email or you can connect your account to Facebook.
I personally recommend connecting to your Facebook account because this will allow you to find friends who may be selling on the account. After creating your account, you can instantly start selling your stuff.
To get started, just click on the Poshmark camera at the bottom of the app screen that says sell. You’ll start by uploading photos of your product and then you can add the description of the item (be sure to list any flaws) and then you add the price you are wanting for the item.
Poshmark makes adding the price super explanatory. Simply put in your item’s price and Poshmark will tell you how much you’ll make after fees. This makes it easy to get the amount you want without accidentally shorting yourself on money.
I Listed My Items, Now What?
Once you have listed your items, it’s now time to put some work into building your closet. To do this, you should share your closet items at least 3 times a day.
But since this won’t gain your items a ton of exposure, just starting out, you also need to share items from others closets. By sharing items from other’s closets, other sellers will sometimes share your items in return.
While it does sometimes take a little while to get a sell on Poshmark, staying active in the app can help you to be more successful in the long run.
What Happens After I Make My First Poshmark Sell?
Congratulations you made your first sell! Now, what?
Poshmark makes this part super easy. Once your item sells Poshmark collects the money and sends you a prepaid label.
You then ship your item and when the buyer receives your item, they have 3-days to accept and then Poshmark will release your funds to your Poshmark account.
Sellers can then transfer their money directly to their bank account. request a check, or spend their money back on Poshmark.
Can I Really Make Extra Money on Poshmark for Christmas?
Depending on the amount of time and effort you put into your Poshmark closet, you can indeed make extra money on Poshmark for Christmas!
Some sellers on Poshmark have reported making over $1 million selling on Poshmark!! While these incomes aren’t necessarily common, you can still make a decent small income selling through the Poshmark app.
Ready to get started? Sign up with Poshmark and use the promo code CRYSTALCARDER and get a free $10 Poshmark credit.
For more ways to save money check out my financial tips.