In the last month, I’ve tried something new, and I can’t wait to share it with you.
Recently, I had a small pile of clothes that I had cleaned from my closet while switching out our seasonal clothes. In the past, I would have shipped them off in a large bag provided by ThredUP to get a small reimbursement for selling these clothes in their large online consignment store. This is still the hassle-free solution to the stash of clothes you decluttered, and I generally earned $30-50 per bag. However, when I went to order a clean out bag, I noticed they were unable to ship a bag because they have so much stuff to sort through. So, it’s not a great option anymore and not one I would recommend.
Then, my sister-in-law told me she had tried selling a jacket on Poshmark, and that I should try it out. So I did. Here’s how it went…
Poshmark works by putting most of the work on the seller. You photograph your item, you write a description and pick a price, you package it, and using a provided shipping label, you mail it to a buyer. The benefit is… you make 80% of the profit and have access to an extensive community of buyers. Compared to ThredUP’s 10-20% profit, you can earn quite a bit more cash for the pieces you have decluttered.
I listed 10 items and 6 have sold in two weeks. I earned about $140, significantly more than I would have made by sending them to ThredUP. It’s been a great experience and I would recommend it, especially if you have been frustrated by your earnings at consignment stores in the past.
The site isn’t as uniform to shop, since everyone takes their own photos. However, because you earn more, sellers are listing much better items than what I’ve seen on ThredUP. While there are no Sezane or Everlane clothes on ThredUP, there are loads of them on Poshmark. You can also ask questions about an item and make an offer lower than the asking price.
A few keys to success:
- Use my name LINDSEYKUBLY to get $5 when you sign up for the free app
- Take several well-lit photos of the item.
- Write a detailed description of the item. You can see my Poshmark closet for examples. Consider googling the item to find the original retailer’s description and price online.
- Reuse shipping bags or pick up some free priority mail shipping boxes from the P.O.
- Add a thank you note to your buyer and some nice tissue paper. Buyers can return items, which would result in more work, so try to ensure they have a good experience and will keep your item.
- Cash out your earnings in a check or direct deposit to your bank account. Win!