Im an avid buyer and am shocked to see the new fees for buyers! And, no transparency until the final fees are calculated? Shame on them. And to pretend they are protection fees but offer NO additional value. I just declined multiple purchases I planned to make…. This will hurt sellers. I don’t plan to buy on here anymore unless it’s a necessity (which I don’t anticipate).
What do you mean no transparency until the final fees are calculated? If you make an offer, can you not see what the final cost would be BEFORE the seller accepts??!
It’s an interesting tactic for these market places. I never thought I’d see the day when they would pass the fees onto the buyer. We will see how this plays out this quarter. Good luck to you 🍀🤑
Follow the money, I believe there are so many seller nowadays, these companies are trying to capitalize on it by enticing new sellers. Not sure if it’s the right move, only time will tell.
Literally just started buying on Posh 2-3 weeks ago. I was happy with it and enjoying my time shopping. I even decided to try and sell a few things. Well today I made an offer on an item being unaware of the new fee structure. I would have had to pay almost $20 over the offer I made to purchase the item. I cancelled the offer, emptied my closet, and deleted my account. If they think American’s are going to PAY for the privilege of paying for something, they’re high. This is not going to be good for sellers and it’s a barrel full of cope if someone thinks it is.
@@RadResells That's not enough--it must be in the list price, upfront, in the listing, by law--specifically, CA SB 478, the Honest Pricing Law. Other states have similar hidden fee laws. Disclosing the fee in the checkout flow, even if it's before the buyer pulls the trigger and finalizes the purchase, does not comply with the law's fee disclosure requirements. Go look it up. I am hoping PM gets slammed with a lawsuit by CA and other state attorney gen's if they don't fix that ASAP. My problem is not with the fee itself and the favorable seller fee structure, as sellers deserve it, and that 20% cut was extortion--it's the lack of transparency for the buyer that's shitty.
it's ridiculous that they are charging us 6% on the taxes and shipping too! my bread and butter items are making LESS or maybe 10¢ more than when it was 20% or $2.95 under $15. I'm only keeping my account open to see it they come to their senses
I haven’t bought stuff on there for quite some time but can definitely see this conclusion from a buyer’s perspective! Buuut if the seller accepts a lower offer then it can all add up to the same!
I purchased an item for 6 dollars, i paid more in taxes, buyer fees and shipping than what the item actually cost. The buyers always had posh protection now they are just charging for it. Posh will only lose buyers from this change.
Try to bundle up items from the same seller as the shipping cost remains the same! Because yeah, paying $7.95 for shipping for a $6 item is… off 😅 (and thats before all the extra fees)
This is a good thing, and thank you for not being like 2 other click bait Poshmark sellers making videos with "IS RESELLING DEAD?" They are both in this for the clicks and not giving info. Thank you for doing a great job giving us the free breakdown!
Omg lolll 🤣🤣 Appreciate the feedback, thank you!!! And I think this is a good thing too, there might just be an adjustment period until this new fee structure is the new normal for posh!
You can tell that Posh depended on either a software engineer or a robot to come up with $5.99 as a fee - vs. a straight $6. As a consumer, I can easily calculate with $6, but need a CALCULATOR to calculate with $5.99
The buyer is probably paying the Credit Card processing fee. Like Mercari. This is fast becoming normal in retail stores. My Merc sales are doing better or equal to Ebay. I'm happy with the changes. POSH is strongly pushing the "promoted" ads and that's where the seller fees will come from.
I am a newer seller and I only have small closet with 5-600 mostly low or middle tier items. My Mercari basically died since the change. My Depop goes well, much better since the change, it is almost as good as my Poshmark - however I make very generous offers. My fear is that the hot shot sellers with the posh pass and youtube channels (no offense, I love you guys!) will likely benefit from this change. The smaller, part-time sellers like me will loose buyers. I think i have to start ebay.
Interestinggg, we had a positive experience with Mercari while Depop stayed the same.. And I guess everyone loves a generous offer! Hmmmm I don’t see how «hot shot sellers» would do better?? (And no offense taken lol!!!) 🤔 We have mostly bread and butter items too 🙈 And definitely start ebay if you can!
The seller is still paying around 15-18% in fees if items are below $50 and now posh collects that twice from buyer and seller. Before the posh fee was just the sales price only. It definitely makes items over $50 a better deal for sellers but sucks for the buyers. I am probably going to lower my prices by 10-15%. We shall see how this impacts sales. I think that this might be distorted over 4th quarter. Lets not forget the $5.95 shipping is only being supplemented by Posh until 12/31 and then I am sure the $2.02 will be passed onto the seller. The reduced shipping fee is definitely going to become a big advantage or disadvantage for sellers going forward. I have actually been thinking that I am going to offer the $4.99 shipping since it is only going to cost me $0.96.
I feel the Posh Pass will probably another fee after Dec. Businesses do not make changes like this unless it benefits the profit margin for the corporation. My husband Uber’s. They take 48% of the fare. Now they offer “promoted” option to “get better paying rides”. So, I am going to sit back & see. I do not relying on this as a income. I strictly do it for charities. I do understand why sellers are apprehensive.
@@wandabiser7461 I just became a full time reseller mid-September. I agree that Posh Pass will probably be passed onto the seller to foot but once buyers become used to it these next few months it will almost have to be done after New Years. It definitely will act as an additional fee after New Years.
Hmmm the $4.99 shipping discount is a great idea actually if you’re a posh ambassador! 👏🏼 Really hoping they wont make sellers pay the $2 difference once the posh pass beta is over 😵💫
@@RadResells after further investigating today, I figured out that I would pay the $2.98 shipping fee difference vice the $0.96 difference as originally I thought. Basically it is either Posh Pass or seller discounted shipping and you can’t combine those. I am thinking that either sellers will have to cover the $2.02 after first of the year or posh will make it a subscription-based program, which will almost be mandatory after buyers have gotten used to $5.95 shipping over the next few months.
It’s 5.99% of order TOTAL, so look at the second column (item price + shipping + sales tax) so it’s 5.99% of THAT number which in this case is $329.53 which equals $22.74 👍🏼 Definitely confusing!!
Thank you so much for this detailed explanation. I appreciate it! I have a question as a brand new seller on Poshmark. I cannot find my item in the search. When I inquired about this to Poshmark, the company rep said that I cannot pull up my own items for sale. Is this true???
No problem, thanks for watching!! Hmm I’ve never tried that myself, so I don’t know if it’s true or not… 🥺 I’ve heard that the Posh search will not show you what they think you’d never buy (such as your own listings..), but have you tried searching up your item from a DIFFERENT account?? Maybe that will work? 🤔
Thank you! I will NOT be updating any prices as that would take wayyyyy too long… But I am more inclined to accept a lower offer than before! 😊 (and i have always increased the posh prices too due to that reason lol)
It’s hard to tell as I’ve been posting less the past 2 weeks due to my mom visiting, which has affected our sales negatively, but not sure whether it’s due to posh fee change or because I haven’t been posting as much! But yes, we just saw they’re going back to «normal»… Apparently sales are down overall 🤷🏻♀️ That was a quick period to go back, I think they should’ve let it go on for at least another month to be sure.
My total costs on ebay are 31%..that's fees and shipping on free shipping items or with set shipping...this is with 4% to 5% promotions...anything reducing that is good by me as I don't have to triple my cost price to double my money.
Hi Natalie, thanks so much for this helpful video. I love your channel! I'm confused about the new PM fee structure. I accepted a $15 offer thinking I would gain back a little money with the change but instead of PM taking the flat rate of $3.00, PM took $3.45!! So, now I'm worse off as the seller?!? I'm not a posh ambassador, so my buyer had to pay full shipping. Do you understand how this new structure is beneficial to sales $15 and below? Thank you!
Heyyy thank you!! Omggg I just did the calculations and it’s correct… Your fees became $3.45 due to $2 flat fee (that’s for all $15-50 items) + 5.99% of order total ($15 item + $7.95 shipping + 7% sales tax) which is about $1.45…. If your item was $14.99 then you’d pay $1 LESS in fees (in your case, your fee would’ve been about $2.45 which is cheaper than before)…. So it seems we should either reduce all $15 items by 1 penny, or increase the price by a few dollars to make the fee «smaller than before»… 😵💫 Thank you for bringing this to my intention!!
I was sent the new fees via email which is having me rethink waiting til the new yr to start cross listing. But thx much for breaking it down bc I didn’t want to read it all since I’m not yet selling there ❣️
As a seller I like the lower fees on all platforms, but from a buyers standpoint I can see why they would be upset. My sales on Depop and Mercari went way down since the 0% selling fee, as I seller I like that concept, but in reality that is not fair for the buyers to pick up the extra fees. I have been doing really well on Poshmark lately, and I like that instead of the 0% selling fee, they split the fees between both buyers and sellers. I think Posh will be fine still, it will take some adjusting for buyers. As you and others have stated I will start taking some lower offers cause of the new structure. Ebay's fees are ridiculous for sellers, and their return policy is garbage and buyer friendly with a 30 day return policy. Ebay is hit or miss for me lately, reselling clothes there is harder for me because of all the sellers undercutting the prices to get a sale driving the price down on certain items that should be higher. My overall opinion is that nobody will ever be happy with the fees whether it is the buyer or seller lol.
Agree with soooo much here!! ☝🏼☝🏼Our mercari sales went up since the 0% while depop stayed the same, and Posh now seems to be «the same» as before for us but we’re getting paid more per sale unless we accept a lower offer (which we have as well!). Ebay’s clothing comps are normally lower than on the other platforms, i rly wonder why 🤔
@@RadResells I think Ebay comps are lower because there are too many sellers trying to sell the same items and they want a sale so they take lower offers or they are undercutting the everyone for a sale which drives the price down, especially items that should be at a higher price point. Depop used to be my bread and butter for sales, but since the new fees structure it has dropped, I still get sales but not like before. Mercari sales has always come in spurts for me which I never understood. I even lowered a lot of my prices by at least 10% on Depop and Mercari when they changed their fees to help the buyers. I also think a lot may have to do with the shipping costs on Depop and Mercari being higher. Poshmark used to be sporadic for me as well, but is my best platform. My sales have been consistent the last month or so.
Thanks for the update Natalie! I will probably be more likely to accept lower offers now since I won’t be paying as much in fees and I know the buyer is paying fees on top of the price. It will be interesting to see how it affects overall sales.
Now we need a CPA to run some numbers for us and let us. Now with lower platform fees, that means you will have less to lower your tax burden, business expense. I would like to see how that works out on a tax form
That’s how it was for us when we first started on eBay! I think they target “new” users because they are more likely to go through with the scam. If you stick with it on posh that’ll weed them out 👍
It's Win/Win for the seller and Poshmark IF the buyer can "get used" to being the loser. Getting used, being used - not a service people like to pay extra for, here or anywhere
This whole entire change is so stupid, for all platforms just charge us and don’t allow dumb returns, Poshmark system was amazing!!! Watch with this buyer protection fee they will start allowing more returns.
And then I will for certain delete my eBay account and there are many that would feel the same. At BEST it will even out and you will make the same you are now. Wow, how do most of you not see this?
I’ve noticed the same thing with the sales price of the items I’ve sold since the change. I’m like you Nat, feeling optimistic that this is going to be a positive change! ☺️
It’s really interesting the sales we’ve had, hopefully it continues 🍀😁 As for the change in the fee structure we can’t do anything about it so let’s make this money, and stay positive 🤙
Oh boy I feel awful for those of you dependent on sales on Posh. American culture is not receptive to having to pay for the privilege of paying for something. I just cannot imagine this will be anything but a detriment to sellers not an advantage.
@@JayA-k7m I will venture to guess that there is no one depending on income from Poshmark sales. The sellers are dependent on someone else and Poshmark is dependent on suckers
@@jasonmartin9530 I agree with everything besides there being no one dependent on Posh sales. Sure, maybe they don't support their family, but their PM income may be factored into the family budget and cause undue hardship.
I used to buy on Poshmark but don’t like the flat rate of 7.00 for shipping greatness of the item. Most items for sale on their are used and damaged and priced way too high. Old beat up shoes sell for way too much. Dirty clothing with holes and lint too. Make it make sense. Why are people buying that old damaged stuff?
I will tell you why people buy "used". Especially if you're a woman with kids. 1) Some brand names & styles are hard to find. The retailers esp. fast fashion will produce a garment and put it on the floor and the garment is gone in one month. Thus "fast" fashion. Fast turnover. So if you're a buyer, you see a suit you want but don't have the funds to buy it, you go back to the store a week later and it's all sold out. It might be on the clearance rack, but it won't be in your size. 2) NOT all used clothing is beat up and damaged. You don't buy from buyers who don't show you pictures that are true to what they are selling. 3) Shoes cost a lot of money retail. Boots @ retail cost money. I went shopping for Sneakers and couldn't find any for less than $69 and the ones on the clearance rack are usually returns. Sometimes I go to Marshalls/TJM and find a sneaker but it's not in my size.
It really depends on what you’re buying! I’ve been very happy with the stuff I’ve bought from Posh; like the other comment said, gotta look at the photos and description and just the overall reviews of the seller 👍🏼
Nice ever the under 15 seems to be around ebay rate, above that the % is even better for higher priced items around 50 mark you hit 9.5 10%. On side note do you guys using simple, business or pro with list perfectly might have to check that out now that posh is better. I've heard womens clothing, certain niche items sell higher at posh than ebay.
Right!! And we used the Business one for almost three years then just a few months ago went over to simple; honestly all you need as the business one doesnt give enough value to be worth the upgrade imo. And for sure!
Im an avid buyer and am shocked to see the new fees for buyers! And, no transparency until the final fees are calculated? Shame on them. And to pretend they are protection fees but offer NO additional value. I just declined multiple purchases I planned to make…. This will hurt sellers. I don’t plan to buy on here anymore unless it’s a necessity (which I don’t anticipate).
What do you mean no transparency until the final fees are calculated? If you make an offer, can you not see what the final cost would be BEFORE the seller accepts??!
Why are we attacking the buyers. Everyones going to be left with sellers and no buyers.
It’s an interesting tactic for these market places. I never thought I’d see the day when they would pass the fees onto the buyer. We will see how this plays out this quarter. Good luck to you 🍀🤑
With merc and their buyer fees, I am selling more than I have ever done before.
Follow the money, I believe there are so many seller nowadays, these companies are trying to capitalize on it by enticing new sellers. Not sure if it’s the right move, only time will tell.
Seems like that's the plan smh
Just got charged the fee as a buyer. NOT BUYING anymore!!!!!
Literally just started buying on Posh 2-3 weeks ago. I was happy with it and enjoying my time shopping. I even decided to try and sell a few things. Well today I made an offer on an item being unaware of the new fee structure. I would have had to pay almost $20 over the offer I made to purchase the item. I cancelled the offer, emptied my closet, and deleted my account. If they think American’s are going to PAY for the privilege of paying for something, they’re high.
This is not going to be good for sellers and it’s a barrel full of cope if someone thinks it is.
When you made the offer, did it not tell you the additional fees and total amount??
@@RadResells That's not enough--it must be in the list price, upfront, in the listing, by law--specifically, CA SB 478, the Honest Pricing Law. Other states have similar hidden fee laws. Disclosing the fee in the checkout flow, even if it's before the buyer pulls the trigger and finalizes the purchase, does not comply with the law's fee disclosure requirements. Go look it up. I am hoping PM gets slammed with a lawsuit by CA and other state attorney gen's if they don't fix that ASAP. My problem is not with the fee itself and the favorable seller fee structure, as sellers deserve it, and that 20% cut was extortion--it's the lack of transparency for the buyer that's shitty.
Since this update my sales have taken a dive and it's been crickets
Yeah it slowed down for us, almost nothing has sold 😫
@@RadResells what're you offering to likers now to counter the update? I'm trying 20% and free shipping
We still have it at 10% but are open to lower offers than before from the buyer!
Has the 20% + free shipping had any effect?
@@RadResells I would say not really but time will tell getting lots of low value sales
@@RadResellsI’ve done 30% off and $5.95 (posh ambassador) and crickets, in fact, I’ve had 2 returns due to “over charge”… 😢
Items sold between $15 - $20 is a kick in the face when it comes to that $2 shenanigan fee. Ridiculous.
We agree, but its a give and take 🥲
it's ridiculous that they are charging us 6% on the taxes and shipping too! my bread and butter items are making LESS or maybe 10¢ more than when it was 20% or $2.95 under $15. I'm only keeping my account open to see it they come to their senses
Agreed, at least make it from the item price alone!! But yeah, time will truly tell if this is the right move 🤞🏼
The buyer protection fee will negatively impact my purchases. I purchase on the $15 to $50 range.
I haven’t bought stuff on there for quite some time but can definitely see this conclusion from a buyer’s perspective! Buuut if the seller accepts a lower offer then it can all add up to the same!
I purchased an item for 6 dollars, i paid more in taxes, buyer fees and shipping than what the item actually cost. The buyers always had posh protection now they are just charging for it. Posh will only lose buyers from this change.
Try to bundle up items from the same seller as the shipping cost remains the same! Because yeah, paying $7.95 for shipping for a $6 item is… off 😅 (and thats before all the extra fees)
This is a good thing, and thank you for not being like 2 other click bait Poshmark sellers making videos with "IS RESELLING DEAD?" They are both in this for the clicks and not giving info. Thank you for doing a great job giving us the free breakdown!
Omg lolll 🤣🤣 Appreciate the feedback, thank you!!! And I think this is a good thing too, there might just be an adjustment period until this new fee structure is the new normal for posh!
You can tell that Posh depended on either a software engineer or a robot to come up with $5.99 as a fee - vs. a straight $6. As a consumer, I can easily calculate with $6, but need a CALCULATOR to calculate with $5.99
The buyer is probably paying the Credit Card processing fee. Like Mercari. This is fast becoming normal in retail stores. My Merc sales are doing better or equal to Ebay. I'm happy with the changes.
POSH is strongly pushing the "promoted" ads and that's where the seller fees will come from.
Lolol thats funny, they make it sound «less» with that .01 smaller fee 😆
Another great video, I need to be watching you more often, probably learn some stuff for my own channel!
Thanks so much, appreciate that!! 😊
I am a newer seller and I only have small closet with 5-600 mostly low or middle tier items. My Mercari basically died since the change. My Depop goes well, much better since the change, it is almost as good as my Poshmark - however I make very generous offers.
My fear is that the hot shot sellers with the posh pass and youtube channels (no offense, I love you guys!) will likely benefit from this change. The smaller, part-time sellers like me will loose buyers. I think i have to start ebay.
Interestinggg, we had a positive experience with Mercari while Depop stayed the same.. And I guess everyone loves a generous offer! Hmmmm I don’t see how «hot shot sellers» would do better?? (And no offense taken lol!!!) 🤔
We have mostly bread and butter items too 🙈 And definitely start ebay if you can!
The seller is still paying around 15-18% in fees if items are below $50 and now posh collects that twice from buyer and seller. Before the posh fee was just the sales price only. It definitely makes items over $50 a better deal for sellers but sucks for the buyers. I am probably going to lower my prices by 10-15%. We shall see how this impacts sales. I think that this might be distorted over 4th quarter. Lets not forget the $5.95 shipping is only being supplemented by Posh until 12/31 and then I am sure the $2.02 will be passed onto the seller. The reduced shipping fee is definitely going to become a big advantage or disadvantage for sellers going forward. I have actually been thinking that I am going to offer the $4.99 shipping since it is only going to cost me $0.96.
I feel the Posh Pass will probably another fee after Dec. Businesses do not make changes like this unless it benefits the profit margin for the corporation. My husband Uber’s. They take 48% of the fare. Now they offer “promoted” option to “get better paying rides”. So, I am going to sit back & see. I do not relying on this as a income. I strictly do it for charities. I do understand why sellers are apprehensive.
@@wandabiser7461 I just became a full time reseller mid-September. I agree that Posh Pass will probably be passed onto the seller to foot but once buyers become used to it these next few months it will almost have to be done after New Years. It definitely will act as an additional fee after New Years.
IMO, the Posh Live shows are doing more harm to sales. POSH needs to charge the LIVE auction sellers a fee.
Hmmm the $4.99 shipping discount is a great idea actually if you’re a posh ambassador! 👏🏼 Really hoping they wont make sellers pay the $2 difference once the posh pass beta is over 😵💫
@@RadResells after further investigating today, I figured out that I would pay the $2.98 shipping fee difference vice the $0.96 difference as originally I thought. Basically it is either Posh Pass or seller discounted shipping and you can’t combine those. I am thinking that either sellers will have to cover the $2.02 after first of the year or posh will make it a subscription-based program, which will almost be mandatory after buyers have gotten used to $5.95 shipping over the next few months.
On the example of the 300 dollar item. 5.99% of 300 is 17.97+3.00 is 20.97. So how did they get 22 and some change. Im confused.
It’s 5.99% of order TOTAL, so look at the second column (item price + shipping + sales tax) so it’s 5.99% of THAT number which in this case is $329.53 which equals $22.74 👍🏼 Definitely confusing!!
Thank you so much for this detailed explanation. I appreciate it! I have a question as a brand new seller on Poshmark. I cannot find my item in the search. When I inquired about this to Poshmark, the company rep said that I cannot pull up my own items for sale. Is this true???
No problem, thanks for watching!!
Hmm I’ve never tried that myself, so I don’t know if it’s true or not… 🥺
I’ve heard that the Posh search will not show you what they think you’d never buy (such as your own listings..), but have you tried searching up your item from a DIFFERENT account?? Maybe that will work? 🤔
Nice update Nat!!! Do you think we should lower our prices on Poshmark? I normally markup my Poshmark items to compensate for the 20% selling fee.
Thank you! I will NOT be updating any prices as that would take wayyyyy too long… But I am more inclined to accept a lower offer than before! 😊 (and i have always increased the posh prices too due to that reason lol)
@@RadResells Great suggestion Nat!!!
Personally I think the new fee structure has hurt my sells. Your opinion? Then I saw today they are going back to the old structure on the 24th
It’s hard to tell as I’ve been posting less the past 2 weeks due to my mom visiting, which has affected our sales negatively, but not sure whether it’s due to posh fee change or because I haven’t been posting as much! But yes, we just saw they’re going back to «normal»… Apparently sales are down overall 🤷🏻♀️ That was a quick period to go back, I think they should’ve let it go on for at least another month to be sure.
eBay fees run 30 percent for me a lot higher than posh .. insertion fees and final value and promoted etc
Whoaaahhh 😵💫😵💫😵💫
My total costs on ebay are 31%..that's fees and shipping on free shipping items or with set shipping...this is with 4% to 5% promotions...anything reducing that is good by me as I don't have to triple my cost price to double my money.
Thats eBay taking fees off shipping as well which is bs
They add the sales tax shipping cost of goods. Tax you then take the taxes back off you pay shipping and get the last of the meat
Hi Natalie, thanks so much for this helpful video. I love your channel! I'm confused about the new PM fee structure. I accepted a $15 offer thinking I would gain back a little money with the change but instead of PM taking the flat rate of $3.00, PM took $3.45!! So, now I'm worse off as the seller?!? I'm not a posh ambassador, so my buyer had to pay full shipping. Do you understand how this new structure is beneficial to sales $15 and below? Thank you!
Heyyy thank you!! Omggg I just did the calculations and it’s correct… Your fees became $3.45 due to $2 flat fee (that’s for all $15-50 items) + 5.99% of order total ($15 item + $7.95 shipping + 7% sales tax) which is about $1.45….
If your item was $14.99 then you’d pay $1 LESS in fees (in your case, your fee would’ve been about $2.45 which is cheaper than before)…. So it seems we should either reduce all $15 items by 1 penny, or increase the price by a few dollars to make the fee «smaller than before»… 😵💫
Thank you for bringing this to my intention!!
I was sent the new fees via email which is having me rethink waiting til the new yr to start cross listing. But thx much for breaking it down bc I didn’t want to read it all since I’m not yet selling there ❣️
I would start NOW tbh so you dont miss out on the Q4 sales!!
Thanks so much for watching 💛
Thx❣️
As a seller I like the lower fees on all platforms, but from a buyers standpoint I can see why they would be upset. My sales on Depop and Mercari went way down since the 0% selling fee, as I seller I like that concept, but in reality that is not fair for the buyers to pick up the extra fees. I have been doing really well on Poshmark lately, and I like that instead of the 0% selling fee, they split the fees between both buyers and sellers. I think Posh will be fine still, it will take some adjusting for buyers. As you and others have stated I will start taking some lower offers cause of the new structure. Ebay's fees are ridiculous for sellers, and their return policy is garbage and buyer friendly with a 30 day return policy. Ebay is hit or miss for me lately, reselling clothes there is harder for me because of all the sellers undercutting the prices to get a sale driving the price down on certain items that should be higher. My overall opinion is that nobody will ever be happy with the fees whether it is the buyer or seller lol.
Agree with soooo much here!! ☝🏼☝🏼Our mercari sales went up since the 0% while depop stayed the same, and Posh now seems to be «the same» as before for us but we’re getting paid more per sale unless we accept a lower offer (which we have as well!). Ebay’s clothing comps are normally lower than on the other platforms, i rly wonder why 🤔
@@RadResells I think Ebay comps are lower because there are too many sellers trying to sell the same items and they want a sale so they take lower offers or they are undercutting the everyone for a sale which drives the price down, especially items that should be at a higher price point. Depop used to be my bread and butter for sales, but since the new fees structure it has dropped, I still get sales but not like before. Mercari sales has always come in spurts for me which I never understood. I even lowered a lot of my prices by at least 10% on Depop and Mercari when they changed their fees to help the buyers. I also think a lot may have to do with the shipping costs on Depop and Mercari being higher. Poshmark used to be sporadic for me as well, but is my best platform. My sales have been consistent the last month or so.
Thanks for the update Natalie! I will probably be more likely to accept lower offers now since I won’t be paying as much in fees and I know the buyer is paying fees on top of the price. It will be interesting to see how it affects overall sales.
No problem! And yesss agreed! ☝🏼
Now we need a CPA to run some numbers for us and let us. Now with lower platform fees, that means you will have less to lower your tax burden, business expense. I would like to see how that works out on a tax form
I didn’t even think of this 😵💫
I tried poshmark but I kept getting flooded with spam accounts asking to purchase things off the app
That’s how it was for us when we first started on eBay! I think they target “new” users because they are more likely to go through with the scam. If you stick with it on posh that’ll weed them out 👍
Really??!! We get them from time to time but it’s more of a once a month type of thing 🤔
@@RadResells Good to know. Maybe I'll restart and just silence my alerts for a month lol
It's Win/Win for the seller and Poshmark IF the buyer can "get used" to being the loser. Getting used, being used - not a service people like to pay extra for, here or anywhere
Oooof that sounds so bad when you say it like that but yes, i think thats spot on!
This whole entire change is so stupid, for all platforms just charge us and don’t allow dumb returns, Poshmark system was amazing!!! Watch with this buyer protection fee they will start allowing more returns.
I hope we wont get more returns, i didnt even think of that! 😵💫😵💫
Now Ebay maybe? 🎉
Crossing our fingers for that!! 🤞🏼
And then I will for certain delete my eBay account and there are many that would feel the same. At BEST it will even out and you will make the same you are now. Wow, how do most of you not see this?
No sales, no offers so far … but been sharing like crazy still have like 2k to go 😂😂
😭😭😭😭 could be an off-day!!
Poshmark decided to join the Mercari and Depop abyss. It's pretty much over for them.
We’ve had a positive experience w the Mercari change!
I’ve noticed the same thing with the sales price of the items I’ve sold since the change. I’m like you Nat, feeling optimistic that this is going to be a positive change! ☺️
It’s really interesting the sales we’ve had, hopefully it continues 🍀😁
As for the change in the fee structure we can’t do anything about it so let’s make this money, and stay positive 🤙
Oh boy I feel awful for those of you dependent on sales on Posh. American culture is not receptive to having to pay for the privilege of paying for something. I just cannot imagine this will be anything but a detriment to sellers not an advantage.
@@JayA-k7m I will venture to guess that there is no one depending on income from Poshmark sales. The sellers are dependent on someone else and Poshmark is dependent on suckers
@@jasonmartin9530 I agree with everything besides there being no one dependent on Posh sales. Sure, maybe they don't support their family, but their PM income may be factored into the family budget and cause undue hardship.
I used to buy on Poshmark but don’t like the flat rate of 7.00 for shipping greatness of the item. Most items for sale on their are used and damaged and priced way too high. Old beat up shoes sell for way too much. Dirty clothing with holes and lint too. Make it make sense. Why are people buying that old damaged stuff?
I will tell you why people buy "used". Especially if you're a woman with kids. 1) Some brand names & styles are hard to find. The retailers esp. fast fashion will produce a garment and put it on the floor and the garment is gone in one month. Thus "fast" fashion. Fast turnover. So if you're a buyer, you see a suit you want but don't have the funds to buy it, you go back to the store a week later and it's all sold out. It might be on the clearance rack, but it won't be in your size.
2) NOT all used clothing is beat up and damaged. You don't buy from buyers who don't show you pictures that are true to what they are selling.
3) Shoes cost a lot of money retail. Boots @ retail cost money. I went shopping for Sneakers and couldn't find any for less than $69 and the ones on the clearance rack are usually returns. Sometimes I go to Marshalls/TJM and find a sneaker but it's not in my size.
It really depends on what you’re buying! I’ve been very happy with the stuff I’ve bought from Posh; like the other comment said, gotta look at the photos and description and just the overall reviews of the seller 👍🏼
I cannot sell ANYTHING on poshmark!
Oh no!!! Are you selling on other platforms as well?
Nice ever the under 15 seems to be around ebay rate, above that the % is even better for higher priced items around 50 mark you hit 9.5 10%. On side note do you guys using simple, business or pro with list perfectly might have to check that out now that posh is better. I've heard womens clothing, certain niche items sell higher at posh than ebay.
Right!! And we used the Business one for almost three years then just a few months ago went over to simple; honestly all you need as the business one doesnt give enough value to be worth the upgrade imo. And for sure!
eBay is next. They have gone to zero fees in the UK. Maybe a beta test, then hopefully it will come to the US next year
Yesss crossing our fingers for that! 🤞🏼
Ya screw the buyers real smart
Low ball time
🤣
ebay needs to change their fee. its ridiculous
Agreed!! 🤞🏼
No they dont
I learned the new fees early after turning down an offer 😂.
Omggg 😆
Hi Natalie
Hey Jason!
AAAAAYYYYEEEE I'm excited to start selling on Poshmark now
Let us know how it goes! Good luck 🍀
Awww people just don’t get it.
❤❤❤
💗💗💗