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.
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!
Create a listing
Select a category that offers different sizes
For quantity select ‘Multiple’
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!
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!
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’!!!!!
2 things I want to mention here:
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.
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!
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!!
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!
“Staying organized.” “Share and don’t get defeated”.“Presenting items in a nice way”. “Great customer service”. “Adding new inventory”. “List daily”. “Finding inventory & seeing what resonates with your gal”. “Curate your closet and figure out what sells more often”. “Be ok to let it go”. “Share in bundles”
These are some hot tips are from The Deets on Doubling Your Sales panel. I love these tips, most of which are pretty no brainers for people who’ve worked in customer service. But some of us who don’t know what life is like on the other side of the coin really adding that special attention to your buyers is a great point.
Some special attention to your closet really sets your closet aside for some real true followers and branding yourself. It really does set you apart from the Mary Jo who’s selling the same item. If your closet is nicer and cleaner, people will gravitate to your listing rather than theirs.
Some of my favorite tips are: “List daily” and “Be ok to let it go”. Listing is so hard to do but doing one a day can make a difference and really show there’s activity in your closet. The more you list you’ll start noticing more activity in your closet. Also, being ok with letting items go and taking a loss on items is just part of the game. Its the nature of the beast so just don’t let it got you down.
Sourcing inventory tips:
Thrift stores: Know price point while shopping. Know if you can fix items. Get to know the employees and they can sometimes show new merchandise.
Black Hat Trick: go to local boutiques buy it try to sell it and if it doesn’t in two weeks, then return it (didn’t come from my mouth but pretty funny!)
Join Facebook trade/ buy groups: People will list some of their items on FB groups, so ask people in some higher income areas to see if they want to bundle items and private message them.
Garage sales/ estate sales: some people want to give away their clothes for dirt cheap. So try checking out you local areas.
Sample Sales: Go to them & go early, attend the sample sales! Follow your favorite brands on social media and watch when they’re having sample sales.
Hot tip: When you’re looking at clothing go for the shoes and purses first because those tend to sell faster.
Hope you guys enjoy this post! Please click on the blue star on the bottom and hit ‘Like’