Poshmark Analysis

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Register to read the introduction… Here are the steps on how to sell an item on Poshmark: First, click on “Create a Covershot” and get started. Make sure you get a good shot of the item so that when people look at the item you’re selling, they will become interested in buying. After taking a photo, upload it and apply filters to the picture to make them look glamour. Options for the filters include vintage, retro, chic, classic and so much more. Each filters give different color. Don’t forget to include the name of the brand and size. If you’re selling used items, write the condition of the item and if there are damages or scuffs in the item, describe it in the description box. The buyers can return the items if the item they received is not as described. It’s ok to describe the damage or sign of wear in the item that you’re selling. Some of the buyers will buy the item anyway if the scuff is unnoticeable or little. Some of them may ask you to reduce the price if the scuff is quite big. Buyers often ask sellers questions, be ready to respond their questions and reply as quick as possible. Comments are posted right under the items listed for …show more content…
Then, the seller will package up the item, stick the shipping label in front of the package and drop it off at the mailbox or ship it at the nearest US Post Office. Poshmark’s standard shipping rate is $4.99 for all orders $25 and above and $6.99 for all other orders. The buyer pays the shipping cost. Buyers can pay for the items with a credit card through Poshmark. The transaction is very simple, easy and safe. Poshmark provides a very safe transaction for the buyers. When buyers purchase an item on Poshmark, Poshmark will not send the payment directly to the seller. Poshmark will keep the payment until the buyers confirmed that they have received their order. After the buyer receive his/her order, they are given 3 days to look over the item and make sure it is what they ordered. If everything is ok, the buyer has to go to his/her account tab, click My Purchases and hit ‘accept.’ But if the order is not ok, the buyer has to contact Poshmark immediately before hitting the ‘accept’ button. The buyer has to give the details why the order is not ok. If the reason is item received is not as described, the buyer has to give the proof including the photos by sending an email to Poshmark. If the buyer failed to give the proof in 3 days, Poshmark will ignore the buyer’s complain and release the earnings to the …show more content…
After that, sellers will receive their payment and they can choose whether they wants to transfer the earnings to their bank account or they can withdraw the money as cash whenever they like. Poshmark gets 20% commission fee of each items that you sell. The remaining 80% is deposited to the seller’s Poshmark account. For example: You list a $50 shoes on Poshmark. When the items sells, $40 will be deposited into your Poshmark account and you can choose whether you want to transfer it to your bank account or you can also withdraw it whenever you

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