What The Tech? App of the Day: Poshmark
If your spring cleaning didn't exactly do the job, you can get help cleaning out your closet and make a little money doing it. A popular app is helping millions of women (primarily) sell their unused items.
If your spring cleaning didn't exactly do the job, you can get help cleaning out your closet and make a little money doing it. A popular app is helping millions of women (primarily) sell their unused items. It's also a great place to shop.
Part consignment shop, part yard sale, part shopper's paradise. Poshmark is an app where you can buy clothes straight out of the closet of strangers.
Here's how it works: after creating an account, you're asked to follow at least three name brands. This will ensure you see items you're interested in buying. You can also follow some of your friends using Poshmark, or some of the most active members.
To try it out I chose Banana Republic as a brand to follow. I could see everything listed in that brand by Poshmark sellers. A checked long sleeve shirt is being sold by a woman named Kylee. The shirt is regularly 60 dollars, but for sale on Poshmark for $20. If I'd like to haggle, I can make an offer for a lower price.
There are thousands of items listed and I found the prices to be 60-90 percent off retail. A dress shirt that was $110, is for sale for $10. Like most items it's used but in good-excellent condition.
You can also shop on the Poshmark website. They accept credit, debit, Apple Pay and PayPal.
If you're more interested in making money, you can list your own items. A denim jacket my kids NEVER wore has been taking up closet space for over a year. I snap a photo with my phone, added a filter, put some details, a description and category along with other information and it was listed on Poshmark immediately. I found it to be much easier than selling something on Ebay or Craigslist or VarageSale.
The way the items are posted reminds me of Instagram.
The great thing about it, is that Poshmark takes care of shipping. Once someone purchases your item, Poshmark sends a pre-paid, pre-addressed label. The buyer does pay a flat rate for shipping and Poshmark gets about a 20-percent cut of the sales price. But if you sell $100 worth of items, you're still making$ 80...with hardly any work.
Poshmark is for women and that's reflected in the vast majority of listings, but I found some men's items as well. It is used by so many people it's become a great source of revenue for the sellers. According to Business Insider, one woman reportedly earned over $500,000 listing and selling clothes from her closets. It's a great place to sell what you don't want, and buy what you do want at a big discount.
According to the Poshmark website, 5,000 brands are currently listed for sale and each day about 1 million items get posted. It's a free app for iPhones and Android devices.