My Week In Sales, Poshmark, Small Little Business

I Sold $2500 In a Few Days On Poshmark!!!

Sticky 86 Comments

This is BIG guys. You’re gonna wanna read the WHOLE SHABANG!! Let me give you a glimpse into my world right now. My Poshmark notifications are going off non-stop. People bundling into the wee hours of the morning. Mountains of packages piled high. This all in a span of just a few days!

Just the start of my Poshmark sales

Overall in total just as of right now, I’ve made somewhere over $2000, moved 114 items, 68 orders and had over 100+ offers submitted (and counting!). IN A FEW DAYS!!!!! I KNOW RIGHT?!?? This is my biggest sales record so far, last time it was 47 items in 24 hours.

So how did I do it?

I had a sale! Just like everyone else! But this time, it wasn’t just any kiiiiind of sale. I had a LOWBALL SALE. So you can say I’m LOW BALLLLINNNNN’!!!!!

Ads for my Lowball sale on Poshmark

2 things I want to mention here:

  1. I decided to flip the script: People hate lowballers. I decided that I was going to welcome them into my closet and have them shop.
  2. I came to the realization that everyone is a lowballer. You, me, and the entire world. No one WANTS to be a lowballer, but people do want to get stuff for free or even for less than the posted price. I just made it ok for them to do so.

This all started when my husband and I started out plans for moving and the moving estimate was somewhere in the $9000 range 😱. The biggest bulk of the boxes would be from my inventory, so I needed to downsize and downsize quick!

Created ADs in my closet to alert people of the sale

But I’m not into losing my money! 

Oh don’t worry honey. I did some serious prepping before I posted up any such ad. My husband would kill me if I didn’t think this through. So naturally I started working on my Poshmark Inventory Spreadsheet and looked up the prices of items and my clients items. And made sure that EVERY SINGLE SALE didn’t go in the red. I made a promise that I would NOT go under on any of these items.

That includes my time/gas driving out and buying the item. Storage, shipping materials, and my time and effort LISTING the dang thing! All that included with the actual cost of the item. So with all that calculated into each of my 500 items I was ready to go.

Also something to keep in mind, Poshmark doesn’t allow someone to lowball you to $0. It’s just not possible. A buyer MUST submit an offer 20% or higher than your listed price. Before anyone makes the comment I am going to clarify: if the listing price is $100 the buyer can’t offer you lower than $20. So price accordingly 😉.

Opening The Flood Gates

I started out with like 1-2 ads on my page then grew to about 9-10. It was MADNESS!! I couldn’t make dinner, my husband and I we were going CRAZY, just pulling items and printing labels. We were going mad trying to get 30+ packages out on a Sunday before our flights! Thankfully Meijer takes packages on Sundays, HOORAY!

I also put notes in the ad listings that for certain brands or items of clients would be countered for the sake of satisfying their minimums. So I countered an F-ton. I wasn’t about to go down like that!!

Conclusion

Now this might not be the sale for you, if you’re a business owner and you already do well, then you keep doing you Boo Boo! Don’t mind me, I need to move inventory like NOW so until my moving date, I’ll have my sale up and going!

I know there will be a million questions on this, I will happily answer them down below in the comments box. Also please put your closet name and your link for others to check out your closet!
Stay Healthy,
-E

Poshmark

Nominate Me As A Speaker For Poshfest 2017!!

Leave a comment

Good morning everyone! 

As you all know Poshfest 2017 is coming up soon and they’re looking for speakers for this year’s line up. The deadline is around the corner so if you’ve ever read this blog OR if you’re a subscriber check out the link here and nominate cha girllllll!!!

If you’re thinking of a topic that I can talk about:

  1. How I made $2500 on Poshmark in a few days.
  2. How to promote your sales.
  3. Thinking of becoming a Poshmark blogger.
  4. How much you love me.
  5. You think I’m the coolest.

I know, I know the influx of #5 will be overwhelming, but do what you can to tone it down! Don’t want them thinking I’m TOO cool!

Towards the bottom just fill out my Poshmark handle (@ediza) on the form and what you think I should cover, then you’re done! It takes 1 minute and you’ll make me the happiest girl 😊.


Thanks so much for your support, it helps me pump out more tips on my blog!

Here’s the link again: https://docs.google.com/forms/d/e/1FAIpQLScf5KcaeLwpAKie80VJTU5KCKH0a4peHHCu-jwuOiw63VSPyg/viewform?fbzx=-7699836233820841000

Stay Healthy,
-E

Advertisements
Poshmark, Poshmark Tip of the Day

Poshmark Tip of the Week: Double Dipping

Leave a comment

First and foremost: Sorry I’ve been MIA as of late, as many of you know my husband and I are MOVING TO BOSTON!!! Woot! Which is why I was purging my closet of all that I own.

But since we decided to be thrifty and DIY the move (which I highly do not recommend) it’s been taking up a lot of my time. 

Anyway…
Double dipping!! I like to call this tip that because if you are planning on doing any type sale you *should* be trying to get the word out as much as possible. If you are posting a sale or a listing and want to get as many eyes on it as possible, try creating multiple entries of your sale in different sizes. That way people of all sizes see it when they are searching a specific brand!

  1. Create a listing
  2. Select a category that offers different sizes 
  3. For quantity select ‘Multiple’
  4. Start selecting all the different sizes and any number for each.

Now all the people that are those sizes will see your sale listing when they search!
Happy poshing!!
Stay healthy,
-E

Poshmark, Poshmark Tip of the Day, Small Little Business

Poshmark Tip of the Day: TAXES

Leave a comment

Now that taxes are behind us, it’s time to start looking onward ho! 2017 may be killer for you all, because this is the year *I feel it* that people are going to be getting that nice pay off that we’re all been working so hard for! At least I hope so, but after going through all the headache of doing my 2016 taxes, I know 2017 is going to be a doozy. This is the year where I cranked it up a TON, I know I am missing a few expenses here and there in 2016, but 2017 I’ve been putting out 4x the effort. So I need to know everything I don’t know, because I owe money this year, and it sucks balls.

I personally like taking Kreithchele’s Academy, the classes helped me prepare for next year, just knowing there was more that I could do for 2017. If your a posher, I would check it out just so you’re better prepared for next year.

*Also just as an FYI, she’s not paying me to post this*

But what she has done is given everyone a discount that uses my code: HEALTHYGIRLFASHIONAPRIL – you save $110 by using it. So don’t be dumb and go rogue and not use it!

Screen Shot 2017-04-19 at 11.17.55 AM.png
Accounting and Taxes for your Fashion Resale or Boutique Business. Click on the photo.

Good luck for next year! You all better be getting paid next year and not owing anything! Love you all!

 

Stay Healthy,

 

-E

Advertisements

Poshmark | Travel | Healthy Weightloss |