I like that you use a spreadsheet as a tool for organization of your inventory. I love spreadsheets but haven't yet created one for my reselling. It really would be much easier when listing (or reviewing offers) because I can use the find shortcut to locate the item (instead of sorting by title and scanning to find to the title) to see how much I paid! Very nice video -- great speaking. Can totally tell you are a teacher. I'll be listening to your other videos while I work on my closet. Thanks!
Jennifer P thank you so much for your kind words!!! Yeah...once I got to a certain number of items, I had to create some sort of spreadsheet or else I would spend half my life trying to locate clothing items 😂 I hope you enjoy my other videos as well! Let me know if there is any specific type of content you’d like to see!
I dont mean to be so offtopic but does anybody know a way to get back into an instagram account?? I stupidly forgot the login password. I would love any assistance you can give me
@Kash Koa Thanks so much for your reply. I got to the site through google and im trying it out now. I see it takes quite some time so I will reply here later with my results.
its 2024 and im still watching your videos. New on poshmark here. thank you for all your efforts trying to share all your experiences and all the advice ❤️
We have very similar inventory systems! My bins are also numbered, and hold 25 items. I reuse the ziplock bags as well. When am item sells, I put that bag in a box, and it's ready for new inventory. My spreadsheet is really really detailed though. I am a major nerd. I have my inventory number, description, when I bought it, when I listed it, brand, cost when sourced, and whether it's cross listed. Then I have quarterly Sold tabs, which I copy from the inventory sheet when it sells, and it includes what it sold for, selling fee, shipping fee, earnings, profit, platform sold, and date sold. I have bundles color coordinated as well. I love seeing all the details. I have the time to do that since I spend a lot of time sitting and nursing my infant. lol. I can understand those who have full time jobs to not have as much info, which is totally okay! It's all about what works for you. Thanks for linking the storage shelving unit. That's the next thing I need to buy. I have 9 bins, and I just have them stacked, and it gets tiring moving them off each other when I need to pull inventory, or add it. Great video!
The Frippery Fox that’s amazing that you’re much more detailed with your spreadsheet! It probably makes bookkeeping so much easier, and I especially love how you do quarterly numbers as well. If I ever go full time, I’m gonna contact you 😂
I have a similar system with bins (no lids!) for clothing and other smaller items. I have my bins labeled A1-L1 currently, and will eventually add M1-Z1, A2-Z2, etc. An example of how I label my items in bin "A1" would look something like A1-01, A1-02, etc. Using a combination of letters and numbers, for me, helps pin-point which bin the item is in. My spreadsheet isn't too fancy, but definitely need to refine it since I plan to give a swing at full-time reselling later this year. For items that are a bit bigger or don't sit nicely in bins... it's randomly stacked all over the place, and I go off of memory 😑😅. Need to figure that part out for my bigger bulkier items hahah.
Lot of Josh I always think my memory is amazing too...until I realize it isn’t. And I’m left searching for hours. Lol. Interesting how you number your items! It’s always fascinating to hear how different people do the same task. And again-thank you so much for watching!!!!!
Hi Becky. Great video. Thank you. When you made this video, you had about 600 or so items. I looked at your closet recently and saw that it says you now have almost 4000 items. Do you still use the same inventory approach of 25 items per bin? That would require space for about 160 bins, which is a HUGE commitment of space in any home. :) How have you evolved?
Thinking of a simple inventory system if I’m increasing my stuffs. I’m also a part time reseller and I love your bare bones idea. Good thing I stumbled on your channel. Thank you for sharing Becky. New sub here. :)
This was very helpful. I’m currently in the same situation of having clothing and items all over the place. It truly is hard to find things and really makes packaging a drag. I was looking at getting those sealable bags to organize but I think the ziplocks are a much better idea and cost saving because I can reuse them over and over. Spread sheets are daunting to me but you made it look so easy. I might give that a try. I do like the idea of adding cost and profit margins but that might be a bit much. Especially if I’m going to reuse the cell for listing a new item. Not sure how I would make that work. Any way thank you for your video. Have a beautiful day.
I like the bare bones idea. I don’t wanna put that much time in to that. I too am not a wizard but when I go sourcing my husband calls me a sorceress. Thanks for the tips every little but helps.
This is what I do! While I’m taking pictures, I take all my pictures then while I’m taking measurements I create a draft when the measurements then I put the items in bags with their numbers then I put the number in my listing
Do you not find that your items get wrinkled when folded and stored this way? Right now I have everything hanging up but I am quickly running out of room so I need a new system! But am worried that I will send customers wrinkled clothing...
Hi there, great video! Our inventory systems are very similar. I'm curious though, why not just put your inventory number in your listing so you can immediately see it and grab it from your inventory when it sells? I love excel spreadsheets but it seems like an extra and unnecessary step to have to open a spreadsheet and sort by name to find your inventory number.
That's the reason why I only sale handbags and sneakers, super easy to store and find. No inventory system, ( to lazy) I use a spare closet so I’m able to see all my items. 207 items
Hi Becky. Some sellers put their inventory # on the listing. Is there a reason why you decided to do a spreadsheet instead? This way, you don’t have to type anything.
Great video. I'd love to see how you keep the financial side. Of course with bogus numbers. I know you are part time BUT.... if you make enough you will have to report for income tax. Better to have it going then to go back to try to create. If you don't have the info you have to pay based on 100% without accounting for expenses. Yikes. I'm just starting and can't quite figure out how to generally keep the financials. Any tips would be appreciated.
Oh man. This is definitely hard. I know many resellers keep track of their cost of goods by averaging out each item per haul versus remembering how much they spent on each item. Poshmark is also coming out with a new feature where you can add some information privately in listings including your cost of goods. I think that will help tremendously with keeping track of financial information for tax season!
Do you know about how much you invested in Inventory when you first started? I have about 30 items but I am starting to learn most resellers have a lot more than this! Lol
Katelyn Alyssa hey, Katelyn! I started with items from my house first, and I probably had about 30 items just from my closet, my husband’s closets, and my kids’ closets. Probably more even. After a month or so on the app I started buying stuff at thrift stores. I definitely recommend starting off with a small number of items and without investing too much in new inventory, so your 30 sounds perfect! That way, you can learn the ins and outs of the app really well without feeling the pressure of having hundreds of dollars of inventory in your closet. I have a video called “top ten tricks to make 10k on Poshmark in one year” that has a lot of other helpful tips as well!
southernlovely I don’t personally do this, but I think you could use the app “Canva!” I use it for a lot of things, and I could totally see it being useful for something like adding brand names/titles to pictures! And it’s free!
I like that you use a spreadsheet as a tool for organization of your inventory. I love spreadsheets but haven't yet created one for my reselling. It really would be much easier when listing (or reviewing offers) because I can use the find shortcut to locate the item (instead of sorting by title and scanning to find to the title) to see how much I paid! Very nice video -- great speaking. Can totally tell you are a teacher. I'll be listening to your other videos while I work on my closet. Thanks!
Jennifer P thank you so much for your kind words!!! Yeah...once I got to a certain number of items, I had to create some sort of spreadsheet or else I would spend half my life trying to locate clothing items 😂 I hope you enjoy my other videos as well! Let me know if there is any specific type of content you’d like to see!
I dont mean to be so offtopic but does anybody know a way to get back into an instagram account??
I stupidly forgot the login password. I would love any assistance you can give me
@Pablo Jamie instablaster ;)
@Kash Koa Thanks so much for your reply. I got to the site through google and im trying it out now.
I see it takes quite some time so I will reply here later with my results.
@Kash Koa It did the trick and I actually got access to my account again. I am so happy!
Thank you so much, you saved my account !
its 2024 and im still watching your videos. New on poshmark here. thank you for all your efforts trying to share all your experiences and all the advice ❤️
I love your organization. Don't have to spend a TON of money. Its organized and reusable. Exactly what I was looking for. Thank you!
kimposhible yay!!! I’m glad this was helpful to you!
We have very similar inventory systems! My bins are also numbered, and hold 25 items. I reuse the ziplock bags as well. When am item sells, I put that bag in a box, and it's ready for new inventory. My spreadsheet is really really detailed though. I am a major nerd. I have my inventory number, description, when I bought it, when I listed it, brand, cost when sourced, and whether it's cross listed. Then I have quarterly Sold tabs, which I copy from the inventory sheet when it sells, and it includes what it sold for, selling fee, shipping fee, earnings, profit, platform sold, and date sold. I have bundles color coordinated as well. I love seeing all the details. I have the time to do that since I spend a lot of time sitting and nursing my infant. lol. I can understand those who have full time jobs to not have as much info, which is totally okay! It's all about what works for you. Thanks for linking the storage shelving unit. That's the next thing I need to buy. I have 9 bins, and I just have them stacked, and it gets tiring moving them off each other when I need to pull inventory, or add it. Great video!
The Frippery Fox that’s amazing that you’re much more detailed with your spreadsheet! It probably makes bookkeeping so much easier, and I especially love how you do quarterly numbers as well. If I ever go full time, I’m gonna contact you 😂
I have a similar system with bins (no lids!) for clothing and other smaller items. I have my bins labeled A1-L1 currently, and will eventually add M1-Z1, A2-Z2, etc. An example of how I label my items in bin "A1" would look something like A1-01, A1-02, etc. Using a combination of letters and numbers, for me, helps pin-point which bin the item is in. My spreadsheet isn't too fancy, but definitely need to refine it since I plan to give a swing at full-time reselling later this year.
For items that are a bit bigger or don't sit nicely in bins... it's randomly stacked all over the place, and I go off of memory 😑😅. Need to figure that part out for my bigger bulkier items hahah.
Lot of Josh I always think my memory is amazing too...until I realize it isn’t. And I’m left searching for hours. Lol. Interesting how you number your items! It’s always fascinating to hear how different people do the same task. And again-thank you so much for watching!!!!!
Hi Becky. Great video. Thank you. When you made this video, you had about 600 or so items. I looked at your closet recently and saw that it says you now have almost 4000 items. Do you still use the same inventory approach of 25 items per bin? That would require space for about 160 bins, which is a HUGE commitment of space in any home. :) How have you evolved?
Thinking of a simple inventory system if I’m increasing my stuffs. I’m also a part time reseller and I love your bare bones idea. Good thing I stumbled on your channel. Thank you for sharing Becky. New sub here. :)
This was very helpful. I’m currently in the same situation of having clothing and items all over the place. It truly is hard to find things and really makes packaging a drag. I was looking at getting those sealable bags to organize but I think the ziplocks are a much better idea and cost saving because I can reuse them over and over. Spread sheets are daunting to me but you made it look so easy. I might give that a try. I do like the idea of adding cost and profit margins but that might be a bit much. Especially if I’m going to reuse the cell for listing a new item. Not sure how I would make that work. Any way thank you for your video. Have a beautiful day.
I need help! lol thank you Becky for the information
Wonderful information. Thanks so much. I shared it with my sister also.
simple to the point.. good for you ... I have them in original boxes but I think I like the box system.
Thanks!
I like the bare bones idea. I don’t wanna put that much time in to that. I too am not a wizard but when I go sourcing my husband calls me a sorceress. Thanks for the tips every little but helps.
This is what I do! While I’m taking pictures, I take all my pictures then while I’m taking measurements I create a draft when the measurements then I put the items in bags with their numbers then I put the number in my listing
Do you not find that your items get wrinkled when folded and stored this way? Right now I have everything hanging up but I am quickly running out of room so I need a new system! But am worried that I will send customers wrinkled clothing...
Allison Caufield if you fold it nicely, it usually isn’t wrinkled at all! Just at the folds, but that’s what it’s like when people shop online too.
Hi there, great video! Our inventory systems are very similar. I'm curious though, why not just put your inventory number in your listing so you can immediately see it and grab it from your inventory when it sells? I love excel spreadsheets but it seems like an extra and unnecessary step to have to open a spreadsheet and sort by name to find your inventory number.
Great idea! Put listing # on the photo!
I use google sheets. I love the "search" feature. Use keys "control" + "F" to bring up "find" ....BOOM....a search bar! 💥
Is that possible in Excel?
That's the reason why I only sale handbags and sneakers, super easy to store and find. No inventory system, ( to lazy) I use a spare closet so I’m able to see all my items. 207 items
Nice! I have some handbags and shoes too - I have to get creative about how I store those items too.
Do you have a way I can download your spreadsheet? I love simple tacking. At the moment I don't have anything. Thank you for doing this!
What do you do for jackets and larger clothing items that don’t fit in a 1g bag? Thanks
Hi Becky. Some sellers put their inventory # on the listing. Is there a reason why you decided to do a spreadsheet instead? This way, you don’t have to type anything.
Ellaine G i don’t get stuff inventoried right away, which is why I’m unable to do this. I definitely see the allure of it though!
Hi Becky! Curious to learn how your inventory system has changed if it has!
Do you only sell on Poshmark?
Great video. I'd love to see how you keep the financial side. Of course with bogus numbers. I know you are part time BUT.... if you make enough you will have to report for income tax. Better to have it going then to go back to try to create. If you don't have the info you have to pay based on 100% without accounting for expenses. Yikes. I'm just starting and can't quite figure out how to generally keep the financials. Any tips would be appreciated.
Oh man. This is definitely hard. I know many resellers keep track of their cost of goods by averaging out each item per haul versus remembering how much they spent on each item. Poshmark is also coming out with a new feature where you can add some information privately in listings including your cost of goods. I think that will help tremendously with keeping track of financial information for tax season!
But how you do taxes and provide reporting to an accountant if you do not keep track of expenses and money receipts?
Why not put 192 in your listing somewhere ? I’ve been trying to do it that way
Thank u
I need some thing simple too , I work full time and don’t have much time
where do you purchase quantity of bags...
Jo Thompson the gallon size bags? I’d recommend sams or Costco; otherwise, Walmart or target!
Do you know about how much you invested in Inventory when you first started? I have about 30 items but I am starting to learn most resellers have a lot more than this! Lol
Katelyn Alyssa hey, Katelyn! I started with items from my house first, and I probably had about 30 items just from my closet, my husband’s closets, and my kids’ closets. Probably more even. After a month or so on the app I started buying stuff at thrift stores. I definitely recommend starting off with a small number of items and without investing too much in new inventory, so your 30 sounds perfect! That way, you can learn the ins and outs of the app really well without feeling the pressure of having hundreds of dollars of inventory in your closet. I have a video called “top ten tricks to make 10k on Poshmark in one year” that has a lot of other helpful tips as well!
I’m a reseller also. Trust me it takes a long time to build up to hundreds of items!!
Thank you found the video yay
Reyna Morales oh good! I hope it was helpful!
I see people put brand names i.e. Susan Graver on their photos in big, bold letters. What app does that for Android? @malissastyles on Poshmark.
southernlovely I don’t personally do this, but I think you could use the app “Canva!” I use it for a lot of things, and I could totally see it being useful for something like adding brand names/titles to pictures! And it’s free!
none..i need help..
Jo Thompson I feel ya. Did you have any questions about creating an inventory system for yourself after watching this video?
Volume is all over the place so annoying