Nice to hear this outlook from an experienced reseller. Ive been selling and buying on PM for about 1 1/2 years now. I got sucked into the lives and wasted money buying items…I did make posh “friends” in the live chats who encouraged me to do lives. I did 4 lives total and honestly it wasn’t worth the time it takes to prepare for a show. And live sellers typically don’t make sales higher than $5-10 per item, (and those are the ones who have regulars who follow them!) Some have either a vivacious personality or have some gimmick ($3 starts) to get people coming back. It just doesn’t work for my personality, so I’m focusing on selling items in posh and ebay that will have a higher ASP
Don’t ever think you need to sell live to make sales. I’m quite happy with my 8hrs a wk reselling hustle. Live selling takes much more time with maybe same gross sales
I do NOT pick up Reitmans, Bluenotes, Aeropostale, Dynamite, Garage, Ardene, Laura, Old Navy, Reebok, Puma, Champion, Fila, Under Armour. I tend to pick up pieces that would retail minimum $150 originally. That way at least I can sell it from $35+. And outside of Outerwear and Shoes I try to stay away from basics, there's just too much competition.
My only issue with Poshmark is that they make it like social media ‘liking/sharing’ closets , now live selling… I just want to list it and move on, not socialize about my closet or others’ closets
I have bought from ‘pallet’ shows every week for the past few months. I buy brands like Madewell, Halara, Everlane, Good American, Andie’s. Most of the items I get are still on the brands website for full price. They’ve been selling amazing for me & quickly.
Thanks Tabs- some great tips! Glad to see you back. No interest in live selling or buying for me either. Market research is so important even though my target client isn’t necessarily young and trendy. I noticed last year in Jan that my summer items were selling so I leaned into it even more this year. Relisted all my sandals and resort wear items. Tagged all my dresses as swim covers, etc. I’ve sold more hot vacation items since Jan 1 than sweaters and boots-lol.
With all the people putting "no cancellations" in the title of their live shows, I wonder,how many sales are actually going through. It sounds like a nightmare all the way around. I agree that I use the platform to look for specific items. I have no use for live selling as a customer or reseller.
no cancellations probably refers to a well known problem with auctions that some people woth gambling addiction will win auctions for the high of the win. Then they got what they actually wanted and the item itself and spending itself is a liability and they write the seller a sob story to cancel. This has always been an issue and ebay addresses it as well with non paying buyer blocking lists. So yes auctions add a layer of issues for sure.
I watch live sales when I’m bored hoping to win some Posh bucks, lol. I’ve accidentally bid 3 times.One time I went out of the show and put my phone in my pocket and another show automatically popped up and then I got a notification that I had won an auction. Luckily the seller was really sweet about it and canceled my sale. The first time it happened the seller was pissed but I kept messaging her saying Please cancel my accidental purchase. She finally did and then she blocked me 😅
I watch life shows. I see a lot of people saying they accidentally hit the bid to buy and to cancel. The seller I think had 8 cancellation. She was mad on her live show.
Your last point really needed to be said, as usual, spot on! I tried shopping on poshmark/general resale apps this week. The prices compared to new were delulu. Far fewer people have budget to spend extra money on “retired color” or “true vintage” used carhartt jackets. Plenty of resellers with it priced far above retail and obviously above the sale prices since everyone has a sale most of the year. The 1/3 or so sellers listing at prices below new SALE prices, making bank high turnover in those of items I liked. Found what I needed and had multiple options of colors again at below retail sales price! There’s buyers out here for items that are priced reasonably and or have good offers as you note in the strategy section. But some people are just out of touch with reality and they get into this ego space that doesn’t help their business!
I am not doing live shows either...all my clothing items are already in poly bags ready to ship...im not going to take them out, hang them on a rack and then repackage them...my time is too precious...
Great video. I have not done 1 live show. Not my cup of tea! Too much time and not enough reward. You are correct about the mall brands! I also think it encourages people to just buy needlessly and then they regret it. If I make a sale and someone wants to cancel it, I will cancel. Selling should not be a hardship to any customer. I want my Poshmark journey to be fun! Thanks for this video!
Hi 👋🏽 glad I found your channel! You confirmed the direction I told myself I was going to start moving in. I looked at my own closet trends and found my higher end items and certain brands did very well. I specifically look for those items now, but, I have to list and get rid of lots (and I mean lots🤦🏽♀️) of inventory I bought before this revelation.
I have been with Poshmark since 2017 and feel the same way. I have never done a live and don't plan to. It is not my thing either and I do just fine selling from my closet!
Re live shows, it's just not cost effective for me personally. I'd rather put my time into listing and it'll be seen by all subscribers, rather than go live and sell maybe 1-2 pieces in front of a fraction of viewers. BUT, if I look at what takes me the longest to list, I really stall on listing bags. So I'd probably do a live show for just bags, which wouldn't be size dependant to a buyer.
I too refuse to sell live, I don't know what it is but it isn't for me. someone complains to me about not making any sales even with sending super low [under 10] offers I looked at her closet and it's full of crap but I can't bring myself to tell her lol I hope this video finds her. great tips! Although I'm a low cog bins girlie I think mall brands could be decent bread and butter but if you are paying 5-10 for it at a thrift store I'd agree with not picking it up.
I have noticed some live sellers have increased their starting bids pretty significantly. I don't know if that is because they were losing money or because they realize it's ridiculous to start items at $1 just to get traffic. I keep going back and forth with if I want to do it mainly because the one consistent feedback I hear is it's very exhausting and time consuming and I don't want to burn out even more than I can already get. I know some people are doing really well but having to essentially work nonstop.
Honeslty I prefer just lisitng but I make so much with posh shows so that's what I been doing. Without a show I would usually make like $70 but with shows I can easily make $500 per show. I like trying different things so I'll use some of your advice.
Well said, as usual Girlfriend! I have discovered through comp checking, that it is also important to look at WHEN the good comps sold. That has bitten me in the butt a few times. I see something that looks great, I check comps, they are great, but it still sits and rots in my closet. When I go back to recheck comps, I notice that the good ones I saw were from a year ago, even though they seem recent. It's really sad that it's taken me many fails to do this regularly! 😂😛
How do you find a specific comp sold date? In my Posh app, it only shows me the month and day that an item was last updated (for example, January 19), but never the year. What am I missing?! Thank you!
During January and February I focus on clearing out stale items by heavily discounting them and selling them at buy sell trade stores. People are looking for sales after the holidays. Things always pick up again in March
Great tips as usual! I tried the live sales; purse one was great moved a ton of purses especially good brands; tried for the dance costumes and only sold 2; tried one for clothing and it was not worth it. I don’t like all the beforehand work and the time spent live is really exhausting especially when you are responding to comments and running things again…the notifications for them clog my feed and make me miss real notifications.
I've been selling on PM for several years, I'm not going to live sell despite the fact that they sent an email out basically saying live show sellers will get the boost in the algorithm. Now, with the upcoming promoted listings/closets that will add to PM's already highest fees in the business I'm losing interest in PM. I've seen these awful shows with 3-6 people attending and the seller looks like they've been drug through the streets. Sad. No thank you. Hello Ebay, Mercari and every other platform I'm gonna try!
Mercari was great for electronics when I was living in Brazil. I sold stuff like crazy. But out here, I haven’t had much luck. eBay well…we have an eBay storefront but not eligible to do any lives. I do see some traction but the exposure is minimal so you’re better off advertising the heck out of your biz/closet/pieces. Successful selling for us all! There! ~ manifesting it! 💰💰
Reselling is about discipline in soooo many ways, discipline in getting listings done but also in sourcing! Be careful in research and leave it behind if the comps aren't there even if you really think it's a great pick up.
Im just starting out selling stuff from my closet and old stuff from my daughter which is mostly mall brands. I cant imagine i will ever do live shows. Finally got my first sale. It was a bit of a lowball but i was happy to get my first sale after two weeks.
So many good ideas. I have too much inventory and it's just not moving. I had surgery a while back, and got behind. I would love to move the items. Just need a push.
I know you've been through a lot lately but you look really good and seams your finding your zen, Tabs has always done you and thats why iI connected with you originally ❤ hugs and lots peaceful moments for you and fun adventure with family ❤
What bothers me most is that I’ve been in shows that the sellers don’t have a single item for sale on their close. One seller actually said during a live, “it takes too long to take pics, measurements, make listings.” Posh had a banner just last week, save on your vacation wardrobe in love shows. Posh is telling the buyers to attend the shows.
Hi Tabs, hope you are well and your year is off to a good start! Great video! Just thought to share a few ways that I've beat the market on pricing. There's a reason that I spend so much effort on photos and making the item look good. I'm like you, I price high. I have an expectation of what I think an item si worth when it's in excellent condition - what fraction of the original retail. That's because I used to buy all of my clothing off of eBay and i remember how things were priced then. If an item is in excellent condition and could be mistaken for new (but isn't clearly new) - I price at minimum 50% of retail and likely at 60-70%. And I do make more on most items than the going rate. Kuhl pants - sold a pair for $45 (negotiated back when someone offered) - going rate based on comps was mostly around $27. I have lots of examples of this. Presentation matters, it's why companies spend so much money on branding.
@@TabsMcCaffrey ❤!!! BTW - I'm doing my second Posh Live EVER next Tuesday night. I did one when it was first rolled out just to test it but then I got a crazy full-time job. I'm full time reselling right now and find amazing pieces that need to be shown for people to see their amazingness! I'm a bit excited, though I anticipate it might take time to get a following.
I’m not a reseller, I just thrift for myself but there’s a lot of people pushing the “live selling” on their channels & as a customer that’s not my thing. Thanks for the info it’s very interesting.
Totally agree with all your points. I forget the saying, but something along the lines of the sale begins with your sourcing. I was definitely more of a volume seller for most of my time reselling, but lately I’ve had to really pull back on the large majority of what I used to source. It took some getting used to, especially the feeling of leaving the regular thrift with 3 or 4 things instead of a cart full. It felt like I was wasting my time for a while, but the real time and money waster was picking up items that no longer move for me. I’ve also had to adjust my goals since I am bringing in less inventory to post. I used to want to post 10 items a day, but doing that meant bringing in less than great things just to hit the quota. I still source a lot from bins/outlets, but I’ve changed my model there as well. I’m obviously always looking for gold, but I pick up the mid tier brands and bring them to BST stores & spend my time listing the items that are going to bring me a higher return. It feels good to still be saving things from the landfill and making all of my money for the trip back, normally a good amount more. Plus I still always find a few things worth listing myself.
Play to your strengths. I have sold one LuLulemon piece in my two years of reselling and that was because it was a put back by someone. I know nothing about the current styles or anything else. It would be a waste of my time to search for it especially because I don’t live in an area where it is prolific. My background is in art and textiles. I look for materials and textures. My closet is therefore eclectic. Yesterday I sold a Tyler Bőe sweater, an LLBean Newsboy cap and a Tommy Bahama NWT top handle bag. The day before I sold a vintage Frank Clegg leather messenger bag. All these items I picked up following instincts. Total selling price 271, ASP of those items is 67.75. My cost of goods was 30 for the 4 items. Discover your skill and buy as low as possible. Everyone can find their niche if they listen to their inner voice.
Great info. However, are you on whatnot? I was starting to feel pressure with all this live show talk. It stresses me out just watching it. I will watch more of your videos. I just ran into this one. Thanks ; )
Business wear sales good on lives. However they want for dirt cheap. You can make money but you have to have a large inventory. People will create large bundle +$75 plus each show. You will have a consistent customer base. It has worked for me.
After having the closet on Poshmark for 2 1/2 years and not even selling 1/10 of what I’ve listed I would be happy to do a live show and actually liquidate my closet. I think these are great tips and really valid but I think it’s also for power sellers and not people that are literally just on posh trying to get some money back from closing they never wear anymore
Thanks tabs! I’m with you, no lives for me only silent shows :) Some mall brands that don’t move at all for me in pm Canada: BCBG, gap, banana republic, garage, dynamite. Aritzia is slowing down for me. Although J Crew is always a great pick up - substantial pieces 😊
Omg thanks for addressing. Since using posh sidekick last fall I’ve sold a lot in silent shows just putting items on sale. I like that it pulls in new people and my buyers usually become repeat buyers since I sell all the same type of jewelry mostly. But, it poisons the well with some buyers I think. Lately, I’ve had to discount more and more, so I ran a 50% off edit: off BUNDLES closet sale last weekend and used posh shows basically to advertise my sale to new people, but I’m gong to slack off while I rebuild inventory bc I don’t want that type of buyer pool. I can’t sell at only $15-$20 profit in those shows the way it has gotten. The cancellations are getting on my nerves. I had someone telling me to cancel 2 days later over the holiday weekend this week after everything was packed, accounted for, deleted from Mercari and literally headed out the door to the post office in the bottom of an ikea bag so I just marked it shipped and responded later when I got back. Maybe she accidentally bid, but she kept saying “I’m going to return, just cancel, which I could not by then anyway. I would have the day prior, but no way 2 days later with her saying she was hacked in the middle of the night, etc. So, I told her when she bought it, what I told her when I thanked her for her purchase, etc since I had the sidekick transcript to reference. 😂 I told her to contact support with any more questions. If they allow her to return it bc she says it’s fake, etc, I’m going to be so annoyed. That’s becoming the loophole these days with returns on all platforms. Anyway, I will usually cancel since there is a buyer request reason, but I scold and block them in front of everyone bc I warn about accidental bids and cancels in every title. If it is someone that buys a lot from me, I will if they keep asking after, but I scold them and tell them one time only. I accidentally bid myself up my first couple of times on whatnot and just ate it. Would never ask that of someone. The nerve. End rant. Haha. This is something weighing heavily on my mind right now. I got asked into the beta promote stuff, so might try that if it’s not too late. 🫤 $5 for every $1 invested with 2 weeks free. 🤷♀️
@@TabsMcCaffreyI was in the Beta test for promoted in the US. Poshmark can't tell you how it works or what the fees are. I sell on consignment and can't arbitrarily charge fees that can't be explained, plus I had zero increase in sales.
I pick up mostly small sizes bc that’s all I have an available locally. Works good for the brands I tend to pick up. Spanx in small, probably not a good choice. Larger sizes sell better.
I tried a few tiems good but low turnout ! You always get that one! But I'm praying asking God to lead my reselling because now my IG sales ($8k month) slowed
I see live selling on my feeds all the time I fly away from it! I feel its like a presure, anyway about makeup which is what my social platforms are about I notice your right eye brow is noticably darker than the left just letting you know and be aware of it...you have a Blessed 🙏 New Year 🎉
I make like $650 every show I do 😂 and I do three a week. Could do more if I felt like it - and any cancellations I’ve reported and blocked, it’s really not an issue. I know some people hate it, but it’s lucrative if you do it.
They really need to require more to do lives. I think they definitely should be at least an PA1 and have been on PM for at least 6 months. They only require the seller to have made one successful sale prior to allowing them to do lives. I just think that's crazy. They need more experience
I am just a buyer but I have found some sellers who do excellent shows. Professional, quality items,great pacing and detailed info. They have created a nice community who have fun chatting. I trust these sellers. But I agree there are a lot of sellers doing shows who really should t for all the rest as discussed here.
It’s sad that Poshmark is hiding the behind the scenes trash that is going go looks to me like they have been hit with lawsuits for selling counterfeits and they are holding sellers money to hire Atty’s and that is illegal for me to require sellers to mail items to customers n the sellers are not getting paid
@@TabsMcCaffreyI'm glad you said this. There are millions of sellers on Poshmark and only 10 or so doing lives at any given time. Statistically, that's less than a fraction of 1% doing lives vs all the other sellers. It's not the lives that are killing Poshmark.
I don’t have the patience to sit through a live show. I also have no interest in doing live selling either. I don’t have access to a high volume of inventory that is always desirable.
I have no interest in live sales to sell or buy. Im just sick of the constant 24 hr spam…i was tempted to shut off my notifications but i want to see when i make a sale…
The Posh shows have unlimited time. Before you could block out time. Now you can have a show all. day. long. There are several sellers who "hog" the shows. I don't do live shows, it's a lot of work. And there's no guarantee that you'll get views. I LUV BR, but it's a slow sell for me, unless it's a man's BR. The man's sweaters, jackets, pants sell very well. But it's usually the natural materials like silk. Chico's is a slow sell. J.Jill is a slow sell, I can go on and on. But I ONLY but those pieces under $2. I have fave brands that when I see them (cheap) I grab them: Robert Graham, Ralph Lauren, Jones NY.
I got scammed two times on live posh shows of luxury items. Had to email poshmark shitty customer service many times the proof I was sold fakes before they refunded my money back.
Nice to hear this outlook from an experienced reseller. Ive been selling and buying on PM for about 1 1/2 years now. I got sucked into the lives and wasted money buying items…I did make posh “friends” in the live chats who encouraged me to do lives. I did 4 lives total and honestly it wasn’t worth the time it takes to prepare for a show. And live sellers typically don’t make sales higher than $5-10 per item, (and those are the ones who have regulars who follow them!) Some have either a vivacious personality or have some gimmick ($3 starts) to get people coming back. It just doesn’t work for my personality, so I’m focusing on selling items in posh and ebay that will have a higher ASP
Don’t ever think you need to sell live to make sales. I’m quite happy with my 8hrs a wk reselling hustle. Live selling takes much more time with maybe same gross sales
Thanks Tabs ❤ I hate Posh Shows. Not my jam either!!
Lol no jam!
This is the energy I'm here for! Thank you for sharing. Lives are killing Posh
❤️❤️
I do NOT pick up Reitmans, Bluenotes, Aeropostale, Dynamite, Garage, Ardene, Laura, Old Navy, Reebok, Puma, Champion, Fila, Under Armour. I tend to pick up pieces that would retail minimum $150 originally. That way at least I can sell it from $35+. And outside of Outerwear and Shoes I try to stay away from basics, there's just too much competition.
Thank youuuuu I was total brain farting on camera 😂 And I do t mall shop or source those items… and I could not bring a name for the life of me 😂😂😂
My only issue with Poshmark is that they make it like social media ‘liking/sharing’ closets , now live selling… I just want to list it and move on, not socialize about my closet or others’ closets
Hahaha me too!
As a buyer I do not depend on live shows. As a seller, I would never waste my time as everyone is looking to get a crazy deal
I agree
It's because many buyers are so freaking greedy now it's pathetic! They are still living in Covid era, trying to get everything for a dime.
I have bought from ‘pallet’ shows every week for the past few months. I buy brands like Madewell, Halara, Everlane, Good American, Andie’s. Most of the items I get are still on the brands website for full price. They’ve been selling amazing for me & quickly.
That is awesome! Yes it works for some❤️
I started going to the brand's site and buying "sale" clearance items.
@@Chicago48 I’ve done this a little bit!
Needed this! I too am not interested in live selling and am hearing crickets in my Canadian closet. Great tips as always. Thanks so much!
It should help!
Thanks Tabs- some great tips! Glad to see you back. No interest in live selling or buying for me either. Market research is so important even though my target client isn’t necessarily young and trendy. I noticed last year in Jan that my summer items were selling so I leaned into it even more this year. Relisted all my sandals and resort wear items. Tagged all my dresses as swim covers, etc. I’ve sold more hot vacation items since Jan 1 than sweaters and boots-lol.
Yessss when Costco bring out the next season… so should you!
Unique looking clothing items sell well too!
Yes, great sellers
With all the people putting "no cancellations" in the title of their live shows, I wonder,how many sales are actually going through. It sounds like a nightmare all the way around. I agree that I use the platform to look for specific items. I have no use for live selling as a customer or reseller.
That’s interesting. I had a few issues as
Well when I did a few shows. It’s frustrating.
no cancellations probably refers to a well known problem with auctions that some people woth gambling addiction will win auctions for the high of the win. Then they got what they actually wanted and the item itself and spending itself is a liability and they write the seller a sob story to cancel. This has always been an issue and ebay addresses it as well with non paying buyer blocking lists. So yes auctions add a layer of issues for sure.
I watch live sales when I’m bored hoping to win some Posh bucks, lol. I’ve accidentally bid 3 times.One time I went out of the show and put my phone in my pocket and another show automatically popped up and then I got a notification that I had won an auction. Luckily the seller was really sweet about it and canceled my sale. The first time it happened the seller was pissed but I kept messaging her saying Please cancel my accidental purchase. She finally did and then she blocked me 😅
I watch life shows. I see a lot of people saying they accidentally hit the bid to buy and to cancel. The seller I think had 8 cancellation. She was mad on her live show.
i dont do live shows. these past two weeks i have been getting a ton of offers of my items, and then 5 mins later they cancel their offer.
Your last point really needed to be said, as usual, spot on! I tried shopping on poshmark/general resale apps this week. The prices compared to new were delulu. Far fewer people have budget to spend extra money on “retired color” or “true vintage” used carhartt jackets. Plenty of resellers with it priced far above retail and obviously above the sale prices since everyone has a sale most of the year. The 1/3 or so sellers listing at prices below new SALE prices, making bank high turnover in those of items I liked. Found what I needed and had multiple options of colors again at below retail sales price! There’s buyers out here for items that are priced reasonably and or have good offers as you note in the strategy section. But some people are just out of touch with reality and they get into this ego space that doesn’t help their business!
Well said.
I am not doing live shows either...all my clothing items are already in poly bags ready to ship...im not going to take them out, hang them on a rack and then repackage them...my time is too precious...
It’s not for everyone, and you don’t have to, to make sales 🙌🏼
Great video. I have not done 1 live show. Not my cup of tea! Too much time and not enough reward. You are correct about the mall brands! I also think it encourages people to just buy needlessly and then they regret it. If I make a sale and someone wants to cancel it, I will cancel. Selling should not be a hardship to any customer. I want my Poshmark journey to be fun! Thanks for this video!
I like how you explained this ❤️
Thank you Tabs, I needed to hear this. I have the $25 profit as well and try to stick to it. We put a lot of work into reselling🥰
I agree. Too much work to make Pennie’s.
Yes we do, but the buyer doesn't see it or care----Greed!
I hate those live shows! Thank you thank you! Thanks for the market research tip! I am going to start doing that!!! Much love for your content ❤️
Game changer to know what’s selling!
Excellent info, Tabs! Thank you! I'm still making sales despite cutting down shows big time.
Hi 👋🏽 glad I found your channel! You confirmed the direction I told myself I was going to start moving in. I looked at my own closet trends and found my higher end items and certain brands did very well. I specifically look for those items now, but, I have to list and get rid of lots (and I mean lots🤦🏽♀️) of inventory I bought before this revelation.
You got this!
I have been with Poshmark since 2017 and feel the same way. I have never done a live and don't plan to. It is not my thing either and I do just fine selling from my closet!
Amen! You don’t have to do lives to make sales
@@TabsMcCaffrey Absolutely not and I have lots of repeat followers who continue to purchase from my closet! It's a lovely thing! :)
Re live shows, it's just not cost effective for me personally. I'd rather put my time into listing and it'll be seen by all subscribers, rather than go live and sell maybe 1-2 pieces in front of a fraction of viewers. BUT, if I look at what takes me the longest to list, I really stall on listing bags. So I'd probably do a live show for just bags, which wouldn't be size dependant to a buyer.
Thank you for sharing your insights! I agree with everything😂
I too refuse to sell live, I don't know what it is but it isn't for me. someone complains to me about not making any sales even with sending super low [under 10] offers I looked at her closet and it's full of crap but I can't bring myself to tell her lol I hope this video finds her. great tips! Although I'm a low cog bins girlie I think mall brands could be decent bread and butter but if you are paying 5-10 for it at a thrift store I'd agree with not picking it up.
Yes agreed!!
I have noticed some live sellers have increased their starting bids pretty significantly. I don't know if that is because they were losing money or because they realize it's ridiculous to start items at $1 just to get traffic. I keep going back and forth with if I want to do it mainly because the one consistent feedback I hear is it's very exhausting and time consuming and I don't want to burn out even more than I can already get. I know some people are doing really well but having to essentially work nonstop.
I find it very exhausting and time consuming as well
Honeslty I prefer just lisitng but I make so much with posh shows so that's what I been doing. Without a show I would usually make like $70 but with shows I can easily make $500 per show. I like trying different things so I'll use some of your advice.
Take what works!
Well said, as usual Girlfriend! I have discovered through comp checking, that it is also important to look at WHEN the good comps sold. That has bitten me in the butt a few times. I see something that looks great, I check comps, they are great, but it still sits and rots in my closet. When I go back to recheck comps, I notice that the good ones I saw were from a year ago, even though they seem recent. It's really sad that it's taken me many fails to do this regularly! 😂😛
Ohhh girl!!! We’ve all done it🤣
How do you find a specific comp sold date? In my Posh app, it only shows me the month and day that an item was last updated (for example, January 19), but never the year. What am I missing?! Thank you!
Love all of your content, but videos like this have more value for me. Thanks so much!!!
Great video, very informative. Thank you!
Can you also please clarify your “market research” process. I figured that on my own, but what does that look like for you? In more detail
Thanks this info has been beneficial for
During January and February I focus on clearing out stale items by heavily discounting them and selling them at buy sell trade stores. People are looking for sales after the holidays. Things always pick up again in March
Amen!
Me too.
Great tips as usual! I tried the live sales; purse one was great moved a ton of purses especially good brands; tried for the dance costumes and only sold 2; tried one for clothing and it was not worth it. I don’t like all the beforehand work and the time spent live is really exhausting especially when you are responding to comments and running things again…the notifications for them clog my feed and make me miss real notifications.
I’m with you, a lot of effort and energy.
Exactly; it's like one big Chatty Kathy session...
I've been selling on PM for several years, I'm not going to live sell despite the fact that they sent an email out basically saying live show sellers will get the boost in the algorithm. Now, with the upcoming promoted listings/closets that will add to PM's already highest fees in the business I'm losing interest in PM. I've seen these awful shows with 3-6 people attending and the seller looks like they've been drug through the streets. Sad. No thank you. Hello Ebay, Mercari and every other platform I'm gonna try!
Absolutely! I wish we had mecari in Canada!
Mercari was great for electronics when I was living in Brazil. I sold stuff like crazy. But out here, I haven’t had much luck. eBay well…we have an eBay storefront but not eligible to do any lives. I do see some traction but the exposure is minimal so you’re better off advertising the heck out of your biz/closet/pieces. Successful selling for us all! There! ~ manifesting it! 💰💰
Thanks Tabs! This is great information, really appreciate it as a new seller on Posh
Yay, so happy it helped!
Thanks for sharing the video and the information as well.
Reselling is about discipline in soooo many ways, discipline in getting listings done but also in sourcing! Be careful in research and leave it behind if the comps aren't there even if you really think it's a great pick up.
I agree. Make smart business choices.
You just provided focus and direction. Thank you!❤
Perfect! Job accomplished 💕
Im just starting out selling stuff from my closet and old stuff from my daughter which is mostly mall brands. I cant imagine i will ever do live shows. Finally got my first sale. It was a bit of a lowball but i was happy to get my first sale after two weeks.
Yayyy first sale 👏🏼
thank you for the information you have help me rethink a few thing in my store greatly appreciated have a bless day
You’re welcome❤️
Totally agree about the mall brands! I’m still trying to expand my brand knowledge
It def takes time❤️
So many good ideas. I have too much inventory and it's just not moving. I had surgery a while back, and got behind. I would love to move the items. Just need a push.
You can do it!
I know you've been through a lot lately but you look really good and seams your finding your zen, Tabs has always done you and thats why iI connected with you originally ❤ hugs and lots peaceful moments for you and fun adventure with family ❤
Thank you so much!! I’ve been doing alot of behind the scenes healing, mentally and spiritually ❤️ it has helped alot
Can't stand the shows and they have really been bad for Poshmark
Thank you for such an informative video! Small seller here!
I hope this helps moving forward in 2024❤️
Thank you so much. I’m going to make so changes in my business model.
Wonderful! Make sure you drop in the comments of future videos and let me know how it’s going.
Lastly what is “comp searching”?
Great video and advice, Tabs!! Thanks!
Hope it helps Linda!
What bothers me most is that I’ve been in shows that the sellers don’t have a single item for sale on their close. One seller actually said during a live, “it takes too long to take pics, measurements, make listings.”
Posh had a banner just last week, save on your vacation wardrobe in love shows. Posh is telling the buyers to attend the shows.
Yaaaaa not my jam
Thanks! Happy New Year!🎉
Happy new year!
Hi Tabs, hope you are well and your year is off to a good start! Great video! Just thought to share a few ways that I've beat the market on pricing. There's a reason that I spend so much effort on photos and making the item look good. I'm like you, I price high. I have an expectation of what I think an item si worth when it's in excellent condition - what fraction of the original retail. That's because I used to buy all of my clothing off of eBay and i remember how things were priced then. If an item is in excellent condition and could be mistaken for new (but isn't clearly new) - I price at minimum 50% of retail and likely at 60-70%. And I do make more on most items than the going rate. Kuhl pants - sold a pair for $45 (negotiated back when someone offered) - going rate based on comps was mostly around $27. I have lots of examples of this. Presentation matters, it's why companies spend so much money on branding.
You are speaking my reseller language 🥰 I agree sooo much with what you said.
@@TabsMcCaffrey ❤!!! BTW - I'm doing my second Posh Live EVER next Tuesday night. I did one when it was first rolled out just to test it but then I got a crazy full-time job. I'm full time reselling right now and find amazing pieces that need to be shown for people to see their amazingness! I'm a bit excited, though I anticipate it might take time to get a following.
Woohooo! That’s exciting! I’d it works for you do it❤️ can’t wait to hear how it goes
I'm new & I enjoy your show. I've subscribed 😊
Hi Connie! Welcome ❤️
what not is becoming a crap hole due to scammers I hope live selling all together follows in a downward trend
They need to start policing this stuff better!
Thanks Tabs this was a great video!
Hope it helps other sellers💕
I’m not a reseller, I just thrift for myself but there’s a lot of people pushing the “live selling” on their channels & as a customer that’s not my thing. Thanks for the info it’s very interesting.
Totally agree with all your points. I forget the saying, but something along the lines of the sale begins with your sourcing. I was definitely more of a volume seller for most of my time reselling, but lately I’ve had to really pull back on the large majority of what I used to source. It took some getting used to, especially the feeling of leaving the regular thrift with 3 or 4 things instead of a cart full. It felt like I was wasting my time for a while, but the real time and money waster was picking up items that no longer move for me. I’ve also had to adjust my goals since I am bringing in less inventory to post. I used to want to post 10 items a day, but doing that meant bringing in less than great things just to hit the quota.
I still source a lot from bins/outlets, but I’ve changed my model there as well. I’m obviously always looking for gold, but I pick up the mid tier brands and bring them to BST stores & spend my time listing the items that are going to bring me a higher return. It feels good to still be saving things from the landfill and making all of my money for the trip back, normally a good amount more. Plus I still always find a few things worth listing myself.
Thank you for sharing this! So many ways for us to adjust and keep making sales!
This was so helpful! My question is, what is a buy/sell/trade?
Like a Plato’s or r style encore, google it ❤️
Play to your strengths. I have sold one LuLulemon piece in my two years of reselling and that was because it was a put back by someone. I know nothing about the current styles or anything else. It would be a waste of my time to search for it especially because I don’t live in an area where it is prolific. My background is in art and textiles. I look for materials and textures. My closet is therefore eclectic. Yesterday I sold a Tyler Bőe sweater, an LLBean Newsboy cap and a Tommy Bahama NWT top handle bag. The day before I sold a vintage Frank Clegg leather messenger bag. All these items I picked up following instincts. Total selling price 271, ASP of those items is 67.75. My cost of goods was 30 for the 4 items. Discover your skill and buy as low as possible. Everyone can find their niche if they listen to their inner voice.
Thanks for sharing!
Great info. However, are you on whatnot? I was starting to feel pressure with all this live show talk. It stresses me out just watching it. I will watch more of your videos. I just ran into this one. Thanks ; )
I have sold on whatnot as well.
Business wear sales good on lives. However they want for dirt cheap. You can make money but you have to have a large inventory. People will create large bundle +$75 plus each show. You will have a consistent customer base. It has worked for me.
I agree, love hearing success stories!
What are “pallet items”?
Great info. Thank you.
Thank you
After having the closet on Poshmark for 2 1/2 years and not even selling 1/10 of what I’ve listed I would be happy to do a live show and actually liquidate my closet. I think these are great tips and really valid but I think it’s also for power sellers and not people that are literally just on posh trying to get some money back from closing they never wear anymore
Thanks tabs! I’m with you, no lives for me only silent shows :)
Some mall brands that don’t move at all for me in pm Canada: BCBG, gap, banana republic, garage, dynamite.
Aritzia is slowing down for me. Although J Crew is always a great pick up - substantial pieces 😊
Thanks for sharing!!
Omg thanks for addressing. Since using posh sidekick last fall I’ve sold a lot in silent shows just putting items on sale. I like that it pulls in new people and my buyers usually become repeat buyers since I sell all the same type of jewelry mostly. But, it poisons the well with some buyers I think. Lately, I’ve had to discount more and more, so I ran a 50% off edit: off BUNDLES closet sale last weekend and used posh shows basically to advertise my sale to new people, but I’m gong to slack off while I rebuild inventory bc I don’t want that type of buyer pool. I can’t sell at only $15-$20 profit in those shows the way it has gotten. The cancellations are getting on my nerves. I had someone telling me to cancel 2 days later over the holiday weekend this week after everything was packed, accounted for, deleted from Mercari and literally headed out the door to the post office in the bottom of an ikea bag so I just marked it shipped and responded later when I got back. Maybe she accidentally bid, but she kept saying “I’m going to return, just cancel, which I could not by then anyway. I would have the day prior, but no way 2 days later with her saying she was hacked in the middle of the night, etc. So, I told her when she bought it, what I told her when I thanked her for her purchase, etc since I had the sidekick transcript to reference. 😂 I told her to contact support with any more questions. If they allow her to return it bc she says it’s fake, etc, I’m going to be so annoyed. That’s becoming the loophole these days with returns on all platforms. Anyway, I will usually cancel since there is a buyer request reason, but I scold and block them in front of everyone bc I warn about accidental bids and cancels in every title. If it is someone that buys a lot from me, I will if they keep asking after, but I scold them and tell them one time only. I accidentally bid myself up my first couple of times on whatnot and just ate it. Would never ask that of someone. The nerve. End rant. Haha. This is something weighing heavily on my mind right now. I got asked into the beta promote stuff, so might try that if it’s not too late. 🫤 $5 for every $1 invested with 2 weeks free. 🤷♀️
Hahaha I get it. The scams are irritating me as well. I tried promoted. It did not work for me.
@@TabsMcCaffreyI was in the Beta test for promoted in the US. Poshmark can't tell you how it works or what the fees are. I sell on consignment and can't arbitrarily charge fees that can't be explained, plus I had zero increase in sales.
Hi Tabs, So HAPPY to see you back so quick!! Thanks for all your teachings your the best! Kim
How do you feel sbout small sizes? Ive heard that small sizes dont do well
I pick up mostly small sizes bc that’s all I have an available locally. Works good for the brands I tend to pick up. Spanx in small, probably not a good choice. Larger sizes sell better.
how do you see whats selling and trends on Poshmark? Can not find on the app. thanks
Filter by solds.
I tried a few tiems good but low turnout ! You always get that one! But I'm praying asking God to lead my reselling because now my IG sales ($8k month) slowed
Oh no! I think it’s bad economic times… hoping it gets better for everyone e
This is a great, helpful video.
What kind of cactus/plant is that in the background? My aunt had one and I've always wanted one like that.
I’m not sure?? I bought it quite a few years ago. I kill every other plant besides cacti😂
I absolutely do not like the live shows!! Hoping things do turn soon…thanks for informing videos!! ❤❤
Let’s hope so, for everyone!
I see live selling on my feeds all the time I fly away from it! I feel its like a presure, anyway about makeup which is what my social platforms are about I notice your right eye brow is noticably darker than the left just letting you know and be aware of it...you have a Blessed
🙏 New Year 🎉
It’s the lighting where I record. I’m aware it doesn’t bug me.
I make like $650 every show I do 😂 and I do three a week. Could do more if I felt like it - and any cancellations I’ve reported and blocked, it’s really not an issue. I know some people hate it, but it’s lucrative if you do it.
You are inspiring ❤️
Loft, Anne Taylor& Inc. to name a couple
All I have to say is #Smart !
😘😘
They really need to require more to do lives. I think they definitely should be at least an PA1 and have been on PM for at least 6 months. They only require the seller to have made one successful sale prior to allowing them to do lives. I just think that's crazy. They need more experience
Posh doesn’t lots of crazy things 😂
Live selling sucks! I've watched a few and it takes the seller for ever to sell one item at a time with all the Chatty Kathy going on...
Yes they can be tough to keep going.
What other reseller sites are the best?
I do t think there is a best, depends what you sell and what you like. I sell on eBay and posh Canada and posh us
What is the best shipping company to ship to Canada if you sell items there also?@@TabsMcCaffrey
@@TabsMcCaffrey Thanks so much. Which shipping company do you use from US to Canada and how do you charge accordingly?
I need to stop buying low profit items. I was actually thinking about some of this stuff.
Yep, stop! Not worth your time, unless you sell high volume
@@TabsMcCaffrey I'm going to regift some of this stuff lol
Live shows are just a dumping ground, easier for me to just throw my stuff in the garbage. Thar way i don't have to take pictures of it.
Ok not funny, but very relatable. I think many sellers feel the same way you do.
I am just a buyer but I have found some sellers who do excellent shows. Professional, quality items,great pacing and detailed info. They have created a nice community who have fun chatting. I trust these sellers.
But I agree there are a lot of sellers doing shows who really should t for all the rest as discussed here.
It’s a mixed bag.
It’s sad that Poshmark is hiding the behind the scenes trash that is going go looks to me like they have been hit with lawsuits for selling counterfeits and they are holding sellers money to hire Atty’s and that is illegal for me to require sellers to mail items to customers n the sellers are not getting paid
You can only start a bid at $3 or more.
I was think what not. Regardless $3 is low
Lives are killing my Closet
Change the items in your closet
@@TabsMcCaffreyI'm glad you said this. There are millions of sellers on Poshmark and only 10 or so doing lives at any given time. Statistically, that's less than a fraction of 1% doing lives vs all the other sellers. It's not the lives that are killing Poshmark.
Now it was announced Poshmark has been holding sellers money people are in a 😡 rage!
When was it announced? It hasn't happened to me and I'm a fairly high volume seller.
⭐️⭐️⭐️⭐️⭐️⭐️💛
Death piles are killing me
I don’t have the patience to sit through a live show. I also have no interest in doing live selling either. I don’t have access to a high volume of inventory that is always desirable.
lol I agree with you!
It's a free for all. I have seen and heard some things. Not a fan
live selling only makes sense for a hand full of sellers who have access to a honeypot. And desperate buyers in these shows waist way too much time.
I agree. It takes time to build it up too! If it works for you great. But not for me.
I have no interest in live sales to sell or buy. Im just sick of the constant 24 hr spam…i was tempted to shut off my notifications but i want to see when i make a sale…
I set posh side kick every so often to unfollow live sellers, just for 24 hrs 😂 it fixes it!
Not my jam, peanut butter, jelly, Nutella and anything else I can think of. Posh shows are Boring to watch and a waste of time. Bleh!😊
The Posh shows have unlimited time. Before you could block out time. Now you can have a show all. day. long. There are several sellers who "hog" the shows. I don't do live shows, it's a lot of work. And there's no guarantee that you'll get views.
I LUV BR, but it's a slow sell for me, unless it's a man's BR. The man's sweaters, jackets, pants sell very well. But it's usually the natural materials like silk.
Chico's is a slow sell. J.Jill is a slow sell, I can go on and on. But I ONLY but those pieces under $2.
I have fave brands that when I see them (cheap) I grab them: Robert Graham, Ralph Lauren, Jones NY.
Thanks for sharing!!
Talbots, Chico's, and J. Jill are my top 3 selling brands.
Vince came to, Talbot's, J Hills a dud for me
I got scammed two times on live posh shows of luxury items. Had to email poshmark shitty customer service many times the proof I was sold fakes before they refunded my money back.
Oh my!
@godlovesu great tips!
Thank you so much for this video!!! ❤
You are so welcome!