There’s a few differences between eBay and poshmark:
Shipping: eBay lets the seller choose their method of shipping and the amount they want to charge. So a seller could charge $15 to ship a pair of jeans for example. eBay does now seem to have some sort of limit enforced based on the items, but back in the day you could charge $30 for shipping and start the auction at $.99 (I’ve noticed the people that used to do that would also ship the slowest way so they could maximize profits… 😒). With poshmark, there is a flat rate price for shipping $4.99 of its under 5 lbs. so if you see a pair of earrings you want, you should look through the sellers other items to bundle, and ‘save’ on shipping. Poshmark the company pays for shipping. Once something sells they send the seller a shipping label to print. So all you have to do is print the label and attach it to your package.
Payment: with eBay buyers can pay using paypal and I believe there’s still the option for paying with money order/check. With poshmark you can pay with your CC. With eBay, as a seller as soon as the buyer pays, you get the money. Payment through poshmark stays in limbo until one of two things happens: the buyer marks the item as received. OR if by chance the buyer doesn’t mark it as received within 3 days, the money gets released 4 days after it has been marked as delivered. This has led me to deciding not to sell high priced items there. I can’t take the chance of selling a $200 bag and possibly not getting the money for a week.
Fees: eBay (for me) has free listings every so often, otherwise it’s $.30/listing ($3.00 for a reserve) plus selling fees (10%). Poshmark only has one fee, and that’s 20% of what your item sells for. When you lost an item, poshmark tells you how much you’re going to get. If someone makes an offer and you accept, they’ll tell you what you’ll make. 20% seems like a lot, and it kind of is, but you can adjust your prices accordingly. But it also may end up being cheaper in the long run. Because if you keep listing something on eBay, for $.30, it will eventually add up if it doesn’t sell quickly.
Poshmark has an option for you to ‘follow’ people. And when it comes to listings you can share, like and bundle, as well as make an offer.
Poshmark also has ‘parties’. For example there will be a ‘Coach & Converse party’ where people can share listings of Coach items and Converse items only.
The name of the game is to share a such as you can, so you can get views so you can get buyers. With sharing it’s generally a ‘you scratch my back and I’ll scratch yours). You share one of my listings, I’ll share one of yours…
I’ve been a part of a few ‘share groups’. Where a much of women sign up to share whatever it is in the guidelines for that particular group. One of the groups I joined, it’s share 20 listings in the under $25 category. About 38 people signed up, so that’s 760 shares that everyone gets. Most peoe have over a thousand followers, so when they share a listing, their followers can see them. That’s not to say their followers haven’t seen those listings before, because they might have. When in on poshmark, I’m looking for certain things– like houndstooth (anything). So anything that has the word ‘houndstooth’ in the slotting or description, I’ve most likely seen. However, some people don’t use the term houndstooth in the title or the listing, so I haven’t seen every houndstooth listing.
I’m not really trying to buy anything, so I don’t really look at my ‘feed’. My main goal with poshmark is to sell– get rid of stuff I don’t wear that are taking up space. I worked at two denim clothing stores, so I have amassed a crazy amount of jeans– that I don’t wear.
So, it almost seems like the sharing groups are pointless, but their not. A few meme bets have mentioned that they’ve sold items under $25, that coincide with the days they were a part of the groups. There’s another sharing group where you only share 8 items from the bottom half of participants ‘closets’. Some people have thousands of items listed so a lot of items don’t get seen often.
I participate in the groups when I’m off, because I don’t have the time to devote when I’m working.
If you’re interested in joining poshmark, my name is i_love_big_men. There is a referral code, soupy get $5 towards your first purchase, and I get $5 when you make that purchase (so it’s a free $5 for both of us). My referral code is PNIBH, you enter it when you are setting up your account at the bottom.