How to Make $70K on Poshmark (My Complete Reselling Strategy!)

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  • Опубліковано 25 чер 2024
  • For supplies, a free trial on 1:1 mentorship and inventory to sell, check out www.dailyrefinement.com.

КОМЕНТАРІ • 80

  • @dailyrefinement
    @dailyrefinement  10 місяців тому +7

    @resellernirvana on Poshmark

  • @ReginaCrosco
    @ReginaCrosco 10 місяців тому +22

    Your content is a gold mind! We appreciate you!!!!

  • @dillonfosa
    @dillonfosa 10 місяців тому +6

    Chris is the GOAT! His passion is clear. Thanks for sharing! Learning more each day!

  • @jeffreyg5718
    @jeffreyg5718 9 місяців тому +7

    Pretty good video with useful information. However, everything in your store consists of new shoes and single stitch band tees that nobody is going to find sourcing 5 hours a day (or 2 of these items every hour). Additionally, when say that you go to the flea market every week, you have your buys pre setup. People/vendors pick up the items you’re looking for ahead of time and you come purchase them in bulk. It’s not like you’re shopping through peoples stands and negotiating for your 70 items individually each week.

  • @BellaNessa2
    @BellaNessa2 10 місяців тому +2

    Love this! Im going to try this now. Thank you for always helping us out! 🎉

  • @doloresmiller6956
    @doloresmiller6956 10 місяців тому +2

    Thanks for sharing your knowledge ❤

  • @billylyle1
    @billylyle1 10 місяців тому +3

    This is motivation at its peak....I'm super excited to participate in Poshmark.....Thanks Chris....

  • @dailyrefinement
    @dailyrefinement  10 місяців тому +3

    My cost on the clove shoes was $6.50. I have gone over that in videos. It’s exactly the model I talk about. Find a way to find a $20 profit model.

  • @pamelacox5226
    @pamelacox5226 18 днів тому

    I can't believe I've been a full time reseller for 6 years and I've barely discovered your videos. You have such great content!

  • @jayglam7
    @jayglam7 9 місяців тому +1

    Thank you for this information it’s priceless many blessings more sales to you

  • @c.s.higgins8410
    @c.s.higgins8410 3 місяці тому +1

    Fantastic content per usual. Thank you!!

  • @trish2057
    @trish2057 10 місяців тому +18

    I don’t sell on Poshmark but I sell on Mercari and always get lowballed like crazy. You can be selling something for 2 bucks and they’ll offer 1 lol

    • @socalgsr1
      @socalgsr1 10 місяців тому +1

      You should ditch Mercari , nothing but low ballers there

    • @junehodge8027
      @junehodge8027 10 місяців тому

      Nothing sells unless you're asking $5 total lol.

    • @Sherrisbackyardhomestead
      @Sherrisbackyardhomestead Місяць тому

      I get low ball offers on Poshmark too. I just come back with the exact price I’m selling it for lol. 😂 I’ll take offers but don’t insult me lol. It’s better for the algorithm to counter offer than decline.

  • @theactualizationagent
    @theactualizationagent 10 місяців тому +10

    New to Posh and currently listing 5/day. I bank 10 listings so I'm ahead. With a full time job and children, it's what I can manage at the moment.
    Thank you for the insights and I look forward to learning more in Reseller Nirvana.

    • @juneandrews9163
      @juneandrews9163 10 місяців тому

      would you recommend it to a reseller in Hawaii being the shipping is a lot more here to ship to the states?

    • @fayrouzhawarneh4607
      @fayrouzhawarneh4607 10 місяців тому

      Any tips for me in a stay at home mom with a posh closet

    • @jeffreyg5718
      @jeffreyg5718 9 місяців тому

      @@fayrouzhawarneh4607 It’s not as easy as he makes it sound. His videos are designed to hype people up and attract views in order to increase his channel revenue.

  • @xiaosifang7126
    @xiaosifang7126 10 місяців тому +3

    This video is clearly valuable. Please make some more videos about how to set automation and quick taking photos. Thanks!

  • @malthesportsgal869
    @malthesportsgal869 10 місяців тому +1

    Damn this was good stuff - thanks

  • @andram4161
    @andram4161 10 місяців тому +1

    Awesome thank you

  • @dailyrefinement
    @dailyrefinement  10 місяців тому +6

    Works on any platform, same
    Math.

    • @zahidunitedkingdom
      @zahidunitedkingdom 10 місяців тому +1

      Done Sir will definitely follow ur instructions ❤

  • @socalgsr1
    @socalgsr1 10 місяців тому +1

    Great video ! Thursdays are $1 each item at my goodwill im going to start finding some clothes deals and selling them on posh market

  • @jojose417
    @jojose417 2 місяці тому

    Great info thank you!

  • @zahidunitedkingdom
    @zahidunitedkingdom 10 місяців тому +2

    Superb 👍

  • @Sandra___P
    @Sandra___P 10 місяців тому +3

    Great info. Please do a video with more explanation on things such as, how you factor prep or wash time in your schedule, how are you at the flea market at 4am in the dark shopping? Ive never seen one open that early because its dark. What you do if you dont find the 70 items. Love your channel. I think the things youre leaving out are real time suckers.

    • @user-gn5cw2zk2t
      @user-gn5cw2zk2t 6 місяців тому

      At my flea markets, the sellers are already there setting up with headlamps and flashlights. When I sold at the market, we would get there between 4:30-5:00 am. People would be looking at stuff as we unloaded, using their little mag lights and asking questions. That way we could sell early and get out of there around noon when it started getting hot!

  • @jakemcgough5121
    @jakemcgough5121 10 місяців тому +3

    Wanted to come a message again!
    Dude the idea of listing my cheaper items at 3.01 instead of 2.99 or 16.01 instead of 15.99 even consoles I listed starting bids for 39.99 I dropped to 36.01
    BEST ADVICE IVE SEEN I started this yesterday. Even TODAYS listings are GROSSLY more active
    Thank you! You are invaluable buddy

  • @Pokedex-Family
    @Pokedex-Family 10 місяців тому +5

    This is the video I wish I had when I started reselling.
    I have my process down thanks to to group!
    Just working on finding great items now. So for my wife and I source together and find 10-15 great items a day, sourcing around 4 hours.
    But each day is getting a little faster and easier. Excited to see where it takes us!

    • @fayrouzhawarneh4607
      @fayrouzhawarneh4607 10 місяців тому +1

      How much does your closet make monthly ? If you don’t mind me asking any tips

    • @Pokedex-Family
      @Pokedex-Family 10 місяців тому

      @@fayrouzhawarneh4607 currently 6-7k but I want to improve and make around $10k as my next goal.

    • @streetbs3586
      @streetbs3586 4 місяці тому

      What’s the update

  • @FlowersinaCemetery
    @FlowersinaCemetery 2 місяці тому

    Excellent info

  • @cathyholoway722
    @cathyholoway722 10 місяців тому +1

    Hello Chris.

  • @SmokeMeout0
    @SmokeMeout0 10 місяців тому +1

    Hello I just subbed to you’re channel
    I like how you explain stuff
    Well to be brief and of course honest I got blessed with clothings from the church ( I’m talking about a truck load ) all the articles tho are
    Not really really good but there’s brands like Levi’s old navy Ralph Lauren adidas Columbia Nike ivy jones tommy Bahamas etc..should I be patient and list everything on eBay ?? I have never been on online plateforms .. even if I sell for 5$ an item I’m still winning ..
    It’s just I’m lazy there is so much clothes that I had to get a public storage 😂 thank you

  • @pelocat
    @pelocat 9 місяців тому +4

    Just wanted to say you’ve become a name in our household/to my friends I’m always like well Chris says 😂 and they’re like who is Chris but now they know

  • @Maverick10201
    @Maverick10201 10 місяців тому +2

    God Bless you Chris, LOL

  • @PEACEKEEPER-mm3js
    @PEACEKEEPER-mm3js 10 місяців тому +2

    Failure is an Investment : Because they have no fear of failure and see failure like an Event to Rebalance business forces like one would rebalance his or her portfolio. Do it when you not ready...!!
    ❤️ Love From Thailand

  • @nataliejimenez856
    @nataliejimenez856 10 місяців тому +2

    For simple terms if an item is consitently selling around $6-$10 in your opinion what looks better on ebay? A listing at $10 With Extra %40 off coupon or simply price at $6? I have tried testing coupons and noticed they don't get used as often as i thought. I get sent best offers at a higher price than they would have if they simply used the coupon. It doesnt make sense to me. I prefer fast moving store so I was wondering which listing of those two do you think would sell faster?

  • @Thislittleranch
    @Thislittleranch 5 місяців тому +3

    What promotion percentage do you use on your ebay store?

  • @Businedu
    @Businedu 7 місяців тому +1

    FIRE🖤

  • @maribelmunozsanz
    @maribelmunozsanz 10 місяців тому +3

    I would live to see the 15 min shipping on practice. My shipping is taking so much time

    • @dailyrefinement
      @dailyrefinement  10 місяців тому +2

      Search 1 hour method for daily refinement

  • @bobbybaldwin6484
    @bobbybaldwin6484 10 місяців тому +1

    Are you launching all 70 items on Friday or are you making drafts and launching 7/day?

  • @ConcernedCitizen-fx7du
    @ConcernedCitizen-fx7du 10 місяців тому +3

    I bought a pair of Mother jeans for $5 and sold them on PM for $49 dollars I pocket after PM fees $39.50 which is good. I’m trying to only source items that will net me $20 plus like you recommended and I only have 21 listings but I’m adding 5 listings daily cross listing on EBay

    • @read500
      @read500 10 місяців тому

      I do both of those too. Dont believe him when he says stick to 1. Profit wise it all depends on how much storage you have. Im ok with taking lower profits for stuff i bought in beginning.

  • @becksters7722
    @becksters7722 2 місяці тому

    Chris Mercari is doing zero selling fees for sellers. Could you do a video on that? Would be awesome to see your take on it. Something super simple for young entrepreneurs?

  • @Eskah.Mof0
    @Eskah.Mof0 10 місяців тому +1

    Lowered my prices got me a sale!!! Haha

  • @Aditya_yt62
    @Aditya_yt62 10 місяців тому +1

    Bro just tell me how i discuss with you about Thumbnails, I am sure you Really love it , just see the thumbnail one time they are really Amazing ❤

  • @astracey1
    @astracey1 10 місяців тому +4

    The whole thing with higher prices on PM is due to them basically training buyers to make offers. And every single time their offer will be at minimum enough to cover the shipping cost with is basically $8. now. Then you have those who just straight up low ball. The ONLY time I make a "lowball" offer is when it looks like the seller has not been active for quite some time, to see if I can get their attention.

  • @dana44ism
    @dana44ism 10 місяців тому +3

    Don't you ever have to wash anything? Most things purchased out in the wild stink!

  • @maxinef6654
    @maxinef6654 9 місяців тому +1

    What is the math for eBay? If I buy at $8, at what amount to sell on eBay.

  • @marjiemackie8443
    @marjiemackie8443 10 місяців тому +1

    What is the value of sharing other people’s items on PM? Or Following them? How does it impact sales? Just by spending more time in the APP? Or does it actually impact sales? I was under assumption it has no intrinsic value but I may be wrong.

  • @jmurillo4682
    @jmurillo4682 10 місяців тому +2

    Shoplifting out of control by the Bay area😮

  • @dailyrefinement
    @dailyrefinement  10 місяців тому +2

    First

  • @j.c.l5932
    @j.c.l5932 5 днів тому

    Hi Chris, I’m a supplier specializing in clothing, skirts, shoes, and other items. How can I find people who are interested in reselling these products? Are there any platforms where I can look for them? I can save resellers a lot of time sourcing and offer them a good profit margin. But how do I find these resellers who need sourcing?

  • @peppytheecky1703
    @peppytheecky1703 10 місяців тому +1

    It takes you 3 hours to find 70 $20 profit items. I spend 9 hours finding 100 $20 pcs.

  • @junehodge8027
    @junehodge8027 10 місяців тому +2

    I always get tripped up over the shipping. I can ship something for $4 but Posh charges almost $8. Do I raise my price to account for that or just take the hit?

  • @Pokedex-Family
    @Pokedex-Family 10 місяців тому +1

    Do you promote great items? If so does it need to be promoted the same as good items?
    Currently promoting around 10% on eBay.

  • @stephenlynn98
    @stephenlynn98 9 місяців тому +1

    Is anyone running a Mens only store? Posh seems to do better with Womens items. I have a 1200 item eBay store but I find posh to be easier and more efficient in many ways.

    • @stephenlynn98
      @stephenlynn98 9 місяців тому

      @@Summertm Thank you.

    • @amberburton3617
      @amberburton3617 27 днів тому

      Surprisingly, my husbands stuff sells way quicker than women’s clothing. I’ve listed his Nike workout leggings and workout clothes and they sell within a day or 2 at the listing price.

    • @stephenlynn98
      @stephenlynn98 26 днів тому

      @@amberburton3617 thank you! I appreciate the insight. I have a good bit of Mens athletic wear so I’m going to start there. Thanks again

  • @Aditya_yt62
    @Aditya_yt62 10 місяців тому +1

    Hello Brother I am a experienced thumbnail designer, After seeing your thumbnails I think you need me , I make a demo thumbnail for you (How I Send You) 💖 Wating for your Reply !!🎉❤😊

  • @markfarr4889
    @markfarr4889 10 місяців тому +1

    Waiting until july? Thats a long time

    • @NamirRivera
      @NamirRivera 10 місяців тому +1

      Last July. Pre recorded video

    • @markfarr4889
      @markfarr4889 10 місяців тому

      @@NamirRivera o i c.

  • @Aditya_yt62
    @Aditya_yt62 10 місяців тому +1

    Bro Please Reply to me !!

  • @read500
    @read500 10 місяців тому +2

    No one is going to buy a $150 slipknot band tee. If it sells its just because you got a UA-cam channel

    • @dailyrefinement
      @dailyrefinement  10 місяців тому +3

      Already sold 8 or 9 of them for about $70-$130, depends on the sizing. Results in the solds when you have time to do your research

  • @OliverJohnson-ts3lj
    @OliverJohnson-ts3lj Місяць тому

    did you work with ZeeDrop for listing ?

  • @OliverJohnson-ts3lj
    @OliverJohnson-ts3lj Місяць тому

    did you work with ZeeDrop for listing on poshmark ?