Consignment Gold Mine

By | June 2, 2016

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Over the last year, I have been made serious money with a great app known as Poshmark. Poshmark is a fashion reseller shop that lets you buy and resell top fashion brands at up to 80% off retail prices.

What makes Poshmark unique is that you don’t have to ship your items to a warehouse or worry about rejection. You sell and ship your own items using the Poshmark program. Once you create your “store” people can make offers or buy your item. When an item sells, Poshmark sends you a mailing label. You pack up your sold item, tape on the label, and head to the Post Office. Once the item is delivered and received, you get your money.

Here are my tips to run a successful Poshmark shop:

  • Do Your Research: See what people are buying and cater your consignment shopping trips to demand.
  • Go Shopping: Visit your local consignment shops and start buying items that are hot. Poshmark is not seasonal so buy out of season consignment items when they are on sale.
  • Get Shipping Supplies: Poshmark mailing labels are USPS priority which means you can use their priority shipping envelopes and boxes. Save yourself the trip and have the shipping items sent to your house for free.
  • Get a Bin: You need a place to store all your Poshmark items until they sell. I keep all my items in a large plastic bin along with my shipping supplies so it is in one place.
  • Get the App: You can use the app to take pictures, post pictures, and upload listings with ease. Plus, you can get a free $10 credit when you enter the Invite Code JXNKH when you download the Poshmark app on your smart device and create a free account.

Please note that the $10 free Poshmark credit for new users is only available via the Poshmark app, and you can not get the free $10 credit when you sign up for an account on their website.

This is all it takes! You can track your balance in Poshmark and payout request or just keep it there to buy items from others.

Have you used Poshmark before? What are your thoughts?

REMEMBER: you can get a free $10 credit when you enter the Invite Code JXNKHThis invite deal is only available when you download the Poshmark app on your smart device and create a free account.

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