These are a great # of sales for someone working full time, you're crushin it! I'm about to be in a similar situation and hope I can keep volume up. So curious what type of work you do! Thanks for sharing your sales and info about what you paid, that's always so helpful to hear.
These numbers are kinda part time kinda full time, my October numbers will be more of a glimpse into part time reselling. Spoiler alert I’m making alot less hahaah
I had to change all of my $15 items to $16, to make what I would have made on a $15 sale. You also make more money on a $14 item than a $15. Make it make sense Posh. It is really crusty. My sales have dropped off even as an Ambassador 2 with discounting shipping.
My Posh thoughts: 1. I have to imagine you are relieved to have started your new job literally just as this new fee structure went into effect. 2. It was obvious watching live shows this weekend that people are already buying less on Posh and I suspect that will only get worse in the weeks to come before it levels out to its new normal. 3. Im putting an immediate halt to sourcing any "lower/mid-tier" items I'd run in a show and focusing on listing my death pile. I suspect I may reshift to sourcing only items worth my time and interest to list especially as a part timer as I think Ebay is going to have to hopefully make up the slack we will probably see on Posh for a bit. 4. I feel terrible for full timers on Posh while we watch to see how buyers react to this change.
Hi still getting ready for my first Poshmark live. I have 25 items ready. What’s the minimum would you suggest? I am hoping to get 25 more at least? Thanks in advance.
I would at least say 50 if not more, they just raised the tray from 50 to 100. The more items you have available the more options people have to buy from and make a bundle :)
There's certainly no reason to sell anything at $15 or at $50. A seller will net more, and their buyer will pay less, if the item price is $14 or $49 (instead of $15 / $50). In terms of fee comparisons between old and new fee structures. Sellers net less than they did with the previous fee structure if items are in the $15-$18 range. But in all other price ranges, sellers net a bit more with the new fee structure. The real winner is Posh, as they get quite a bit more with the new fee structure than before. I'm sure they did the math to see that their revenue with higher fees per transaction would mitigate having less transaction volume.
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These are a great # of sales for someone working full time, you're crushin it! I'm about to be in a similar situation and hope I can keep volume up. So curious what type of work you do! Thanks for sharing your sales and info about what you paid, that's always so helpful to hear.
These numbers are kinda part time kinda full time, my October numbers will be more of a glimpse into part time reselling. Spoiler alert I’m making alot less hahaah
I had to change all of my $15 items to $16, to make what I would have made on a $15 sale. You also make more money on a $14 item than a $15. Make it make sense Posh. It is really crusty. My sales have dropped off even as an Ambassador 2 with discounting shipping.
It’s ridiculous! They shouldn’t have done it
Yeah I don’t think it was the best idea :(
Just start your shows at 16.00. It goes to a hole new fee schedule. You will make more money. Maybe on .35 cents. But you’re making more.
My Posh thoughts: 1. I have to imagine you are relieved to have started your new job literally just as this new fee structure went into effect. 2. It was obvious watching live shows this weekend that people are already buying less on Posh and I suspect that will only get worse in the weeks to come before it levels out to its new normal. 3. Im putting an immediate halt to sourcing any "lower/mid-tier" items I'd run in a show and focusing on listing my death pile. I suspect I may reshift to sourcing only items worth my time and interest to list especially as a part timer as I think Ebay is going to have to hopefully make up the slack we will probably see on Posh for a bit. 4. I feel terrible for full timers on Posh while we watch to see how buyers react to this change.
Yup agreed with you girly! We shall see how it shakes out over the next couple months
Love those pendant lights in the kitchen! Another banger video!
Thanks!!
Hi still getting ready for my first Poshmark live. I have 25 items ready. What’s the minimum would you suggest? I am hoping to get 25 more at least? Thanks in advance.
I would at least say 50 if not more, they just raised the tray from 50 to 100. The more items you have available the more options people have to buy from and make a bundle :)
There's certainly no reason to sell anything at $15 or at $50. A seller will net more, and their buyer will pay less, if the item price is $14 or $49 (instead of $15 / $50).
In terms of fee comparisons between old and new fee structures. Sellers net less than they did with the previous fee structure if items are in the $15-$18 range. But in all other price ranges, sellers net a bit more with the new fee structure.
The real winner is Posh, as they get quite a bit more with the new fee structure than before. I'm sure they did the math to see that their revenue with higher fees per transaction would mitigate having less transaction volume.
Yes Poshmark deff knows they are making a ton more by changing this fee structure