The Scoop on Poshmark

Hi friends!

I’m a little thrown off this week since I had Presidents Day off from work, but don’t fear – I will still have two posts up this week! I hope you all got a long weekend as well or at least got to enjoy the amazing weather we had on the east coast.

Last year I shared my thredUP experience, and it has continued to be a successful way to both donate and profit from my gently used clothing. While I have had a positive experience with Thred Up, a couple weeks ago I decided to try out Poshmark for a couple pairs of shoes that I bought and wore a couple times.

Since then, I have successfully sold one of those pairs of shoes (pictured above) on Poshmark — woohoo! My experience with Poshmark has had some positives and negatives so I thought I’d give you the whole scoop.

How are Poshmark and thredUP are similar?

  1. You have a platform to buy and sell gently used clothing, shoes and handbags
  2. You can make money off what you sell

How is Poshmark different from thredUP?

  1. Poshmark’s app gives you the ability to upload, post, sell and buy any kind of clothing, shoes, handbags or jewelry.
  2. Unlike thredUP, you can sell your used jewelry and even makeup!
  3. You know exactly how much money you will make from what you sell because you chose the selling price, negotiate with potential buyers and Poshmark subtracts the cost of shipping and service fees. When you negotiate the price you, Poshmark calculates your earnings so you can see your potential profit instantly.
  4. Your profits can be deposited straight to your bank account on Poshmark. In comparison, thredUP now mails you a Visa gift card with your profits.
  5. Poshmark has “parties” that you can shop from or join to sell your apparel.
  6. You are your own seller on Poshmark. So, there is competition and you may have to wait awhile for items to sell. With thredUP there is a pretty typical timeline. You know when they have received your clothes, and from that point it takes a week or so to hear what qualified to be sold and how much you’ll make.
Here’s a snapshot of the Poshmark app.

Hopefully this lowdown helps you determine which platform is best for you, if you are looking to sell any gently used clothing. The ability to post items for sale straight from your phone was so nice with Poshmark, but it is also super convenient to mail your clothes to thredUP and have them sell what they can. I also feel like there is potential to make more money on Poshmark, particularly if you have items that still have the tag on them or you wore only a couple times.

Poshmark also has more flexibility in accepting a wide range of items. I was surprised to see that people sell makeup on there. I guess if you have makeup that you tried once and did not work for you, then it could be a good option. I’d love to hear if you have bought or sold anything on Poshmark. Was it a good experience?

I’ll be adding some more items soon. So if you want to check out my profile it is @sacahipp. If you are looking to join Poshmark, click here to sign up with code GREXF and save $5.

Cheers!

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