Is the new Poshmark fee structure improving my sales? My profit? What sold on Poshmark?
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- Опубліковано 10 лют 2025
- Hi, friend! I’m Jenn, and I’m a part time online clothing reseller. Ship my daily sales with me and see what sold on eBay and Poshmark.
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I was going to buy some shoes on Poshmark a few days ago. I was surprised by the new fees for buyers. I offered less money to the seller because of the new fee. We went back and forth with offers, but did not come to a deal. I think the new fee structure will hurt sells.
Yeah, that’s exactly what I think is going to happen more and more.
Hi Jenn. Welcome back! I have purchased two items on Poshmark since the new fees & the new fees make me think twice before purchasing. I will continue to buy but will shop around more, make bundles, & look for sale now. The way I see it, Poshmark has increased their overall sales by that extra 5.99% & that $1, $2, or $3 more dollars they are charging customers. This will only works if they continue to sell to customers. Thanks for another great video.
Good for you guys, Jenn. The sales may be slower to the hurricanes in the south. Take care.
I agree!
Hey new to your channel!! As a reseller and small business owner I think poshmark is being a bit shady .,..how am I supposed to make good business decisions if the fees are unknown due to different taxes. Since I have a website for my handcrafted skincare I have created a clothing collection and now cross listing there (Shopify ). Not leaving posh, just trying to have more control over my business and building more of a personal customer base while saving them money! Orders I get will include my website info with offer off on their first order. PLUS I can send out monthly newsletters of what's new in my closet ect! I am putting a video together about it! Thanks for the video and your peaceful approach! God Bless! ~jc
Oh that’s great! I will watch it when I comes out. I do watch your videos. I’m a bit jealous of your farm and am curious how you use it in ministry (I think that’s how you describe it on your videos).
@@JenntheReSeller oh cool ! Thank you for watching! I work with special needs and youth utilizing our horses! I do have a farm Channel as well! It originated from my music ministry Psalm 108 ; Steadfast Trail Farm :)
@@thepinkhippieco I love that so much! I will have to check out your farm channel.
Great video!! Awesome info!! Thank you 💕 Happy Anniversary!!!
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I sold very little the first few days of the fee change but things have picked up very well over the past week. Thank goodness! Have a great week, Jenn. 🎉
I’m glad it has picked up for you!
@@JenntheReSeller Now I see there might be more changes so I guess we'll see! 🤞🏻
@@jenniferraybaud8827 Oh great! Now what? It's just constant. I'm not sure I can keep up.
@@JenntheReSeller They just announced that they are revisiting the new fee structure. I have no idea what that might lead to. Q4 isn't the best time to be changing things up but I'm hoping for the best.
@@jenniferraybaud8827 No kidding! That makes me wonder if sales tanked for them with the new structure. Interesting.
Poshmark is very inconsistent for me. I will just keep on keeping on and see what happens.
Happy Anniversary!!❤💐
Thank you!!
That q&a video sounds great, I’ll be sure to watch when you get it uploaded!
I haven’t had any Poshmark sales since the changes took place. I don’t like added fees as a buyer myself so we shall see what happens. I really need to get a Poshmark automation tool I don’t share hardly so I’m surprised I get sales on there at all 😂
I’m the same, no automation for Poshmark and when I sell something it’s always surprising. 😂
@@stephanienoble2926 try Flyp it shares and cross lists for $9 a month. Not sure if it is as advanced as posher VA but it definitely helps to get those shares in if you don’t want to spend much money
Hi Jenn! Happy Anniversary. I sell on Poshmark part time. I made more on a $14 sale versus a $15 sale. But state sales tax will be a factor. I did not hear you mention the discounted shipping for Posh Ambassadors on the whole closet through December paid by Poshmark. I hope this discount becomes permanent.
The worst part is that poshmark takes more from us on a $15 sale and also takes the same from the buyer so they get over double the fees from a $15 sale. I tried to offer a $14 counteroffer when a buyer offered $15 for an item (figured I'd save them a few dollars plus myself a few since, but I couldn't do that). Since a lot of sales are between $15 and $20 on poshmark, they make so much more in fees. I imagine that buyers will either be turned off or offer lower. For example, if I expect to spend a total of $60 on an item, I will adjust my offer price if there are extra fees attached.
Sales could have been lower this week because of the Amazon Prime days
Ah! I bet that played a part.
😊 Thank you
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Left a comment but it didn't record. I don't sell or buy on Poshmark and after your explanation I don't think I will invest my time in it
It will be interesting to see how it goes on from here.
Actually that $1.99 shipping is a Poshmark promotion on your first live show purchase. Everyone receives that with their first purchase from any show.
It's an overall reduction if you buy from abassadors. Not sure how long it'll last. I can see that anyone who buys from my closet gets the discount.
@@christinegreen3974 buying from an ambassador’s closet gets the buyer $5.95 shipping on every purchase through the end of the year. The $1.99 shipping is on your first purchase only from a posh live show.
Shows how little I know about Poshmark! Thanks!
Your trip sounds wonderful. Ebay has been laying an egg for me. It seems like I have sent out offer after offer after offer and nobody has been taking the bait and a few lowball offers (like 75 to 90% off) that would cause me to lose money. It seems you have to list consistently for several weeks to get good sales, but you get off track for a few days and they disappear. I am guessing many poshmark sales are in the $15 to $20 range so they are doubling their profits if they make the same or slightly more off the seller AND the buyer. Even if people do make more money or higher sales, I am wonder if it is short term gain for long term loss. If people quit poshmark or are willing to spend less to offset the fees, then sellers also lose out. Also the 'buyer protection' fees are just a way to market the fees to the buyer, before the fee they were able to get their money back if the listing didn't fit the description or they buyer never sent it. I have gotten some poshmark sales since the change and haven't noticed a drop, I had one over $50, but most of them in the $15 to $20 range.
New Hampshire seller here. NH is tax free state for shopping. 😊
Ha! See, I probably should have known that.
@@JenntheReSeller I don’t think I would have known either if I didn’t live in NH. lol
Watched a video from McTriftzie (not sure of the spelling), she has a bigger profit on each item sold, maybe because the sold price is higher?
Most likely, yes. Her ASP is definitely higher than mine.
I’ll be honest, I don’t think my Poshmark sales have changed. I may be a unicorn. Last week wasn’t super great- but eBay has really picked up for me since all of this. So it evened out. I usually sell 1-3 items on Poshmark a day and I feel like that’s been consistent. Maybe bigger stores are noticing more issues. I have around 500 items listed.
I’m really glad it hasn’t changed for you!
@@JenntheReSeller evidently I spoke too soon 🤦♀️😂 yesterday and today have been sloowwww.
@@paigecollier1062 Noooo!!
I’m not a poshmark seller so I don’t really understand the new fees. It did sound to me that your fees are changing a tiny bit but they are double-dipping with the buyers?
Yes, that is exactly what was happening. But they changed it back!
NH doesn’t have any sales tax! LOL
Oops!
Hi Jenn! I'm second.
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lol NH doesn’t have any taxes!
Oops!
Hi Jenn. I’m first today.
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For what they do all this stupid fees?😀🤔🧐
Good question!
For me it’s marketing, taxes, and customer service. While CS is partly for me to do, the platforms also take part of that on. Also processing sales/money.
Hey Jen. You make great content. I just made my first reseller video today. Feel free to check it out . 🎉😊sending much reseller love your way
I'll check it out!