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

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

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65 thoughts on “I Sold $2500 In a Few Days On Poshmark!!!”

  1. Many thanks for this! Time to tackle my pricing and make some signs. My closet is @missnixie. Any suggestions you have would be most welcome my dear 😉

    Liked by 1 person

  2. Great plan! Thanks for sharing! I’ve been experimenting with different strategies and trying not to get too annoyed with super low offers. When I get one I usualyy just counter what I hope to get and go from there. But great idea to welcome offers however big or small. @resellebrate

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  3. I don’t have nearly as many items as you, I just have a little over 100 listings. I definitely don’t have any glamorous brands or high ticket items listed in my closet either. I just sell the everyday clothes that I don’t like to wear anymore, but I’m so tired of constantly needing to mark down my already cheap items just to get a sale. In three months I’ve sold 28 listings for just over $280. So that’s $10 a listing, and I’m not really pleased with that. I want to sell my items for the price I originally list it for, instead of marking it down numerous times until it finally sells just because it wasn’t getting any action. Any suggestions?? Here’s a link to my closet ❤
    https://bnc.lt/focc/OrNCfNuQtC

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  4. What a wonderful idea. I need to get rid of inventory to make room for new listings. Maybe I can implement your idea… Thank you for Sharing 💕

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  5. That’s fantastic, but it still makes me nervous. Would you say that this strategy would only be for folks who need to do a major purge for something like a big move or for anyone to sell items regularly? Were you accepting offers that had no other profit than the coat of the item and the $1 for you time, gas, etc?? Or did you try for more profit vs. just offloading without loosing money? Thanks so much.

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  6. I take in every tip offered – this one is very interesting! I think I tend to price on the lower end for the quality of stuff I sell. I have had decent sales for my short time on Poshmark ($600 sales in 5 weeks) but nothing like you have had! Got me thinking! @rjrkpt

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  7. Hello, I am not understanding and feeling rather lost, which is unusual for me LOL *wink* I do not see a strategy anywhere? Am I to understand that we are to raise the prices, to reflect a 50% increase, to then offer a 50% discount? Thus be the actual price of what you wanted in the first place? The buyer is being ‘fooled’ (said nicely).. Into thinking they are getting 50% off???

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  8. This are GOALS!! Thank you so much for sharing!! So you didn’t drop prices for the closet clear out discounted shipping? You just encouraged people to submit offers? I might have to try this out 🙂 @yaskween

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  9. Also, I fogot to mention that I also figure aprrox. $1.50-3.50 for my shipping supplies We as sellers definately have shipping costs also!!!!

    Regards again
    Nona

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    1. Ok I’m confused. If I want to make $20 on an item, I figure in that $ 20 plus my cogs? Raise it to that amount and accept any offers?

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  10. Always great advice. Enjoy reading your blog . Please check me out and read about my background. You just may find it of interest as to why I know so much about older great brands and fine fabrics!
    Best wishes
    Nona L ………@ nonajane

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  11. yay! love this!! I thought of something like this too, but never did it. so glad to see that it was successful for you! @amyloo2 #girlboss #getitgirl #lowballers

    Liked by 1 person

  12. This is brilliant! I was planning on a spring cleaning sale this week, I think I’m going to implement this idea into it (and you’re right, we’re all lowballers at heart, hehe) ❤️✌️

    Liked by 1 person

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