Looking to score great deals on secondhand items or make some extra cash by selling your belongings? Poshmark might be the platform for you. This online marketplace, founded in 2011, has garnered over 80 million members and boasts a staggering 200 million items for sale at any given time. So, it is a completely legitimate platform.
Shopping on Poshmark
Shopping on Poshmark is a breeze, whether you prefer the website or the convenient app available on Android and iOS. Simply create an account by linking your Facebook, Google, or Apple account or using your email address.
Once logged in, explore a vast array of categories, brands, and criteria to find your desired items. Making purchases is seamless – input your payment information and shipping address, and you’re ready.
Selling with Poshmark
For sellers, Poshmark offers a platform to create enticing listings complete with product descriptions, images, and pricing. Promote your listings within the community or share them on social media. Sellers even have a personal “closet” where potential buyers can explore additional items.
Crucial Tips for Poshmark Users
1. Used Items: Most items on Poshmark are pre-owned, so be sure to check the condition listed by the seller.
2. Refunds: Refunds can be tricky, with most sales being final. Posh Protect is available for items that do not match their description or if they never ship.
3. Online Reviews: Check online reviews on Trustpilot and the Better Business Bureau sites. Poshmark has received mixed reviews on customer service and item quality.
4. Scams: Be cautious of scams. Stick to transactions within the Poshmark app or website, and look for reputable sellers with titles like “Posh Ambassador.”
5. Authenticity Verification: Posh Authenticate ensures authenticity for items priced at $500 or more, providing buyers with added confidence.
6. Shopping Ease: Poshmark offers easy shopping with various categories, including apparel, home goods, electronics, and cosmetics.
7. Restricted Items: Prohibited items include specific electronics, perfumes, and fake designer goods. Selling these items can result in a temporary or permanent ban.
8. Posh Shows and Parties: Explore live streams (Posh Shows) or real-time shopping events (Posh Parties) for a unique buying experience.
9. Fees: Poshmark charges fees for sellers based on the sale amount, with a flat fee for sales under $15 and a percentage for higher sales.
10. Tax Implications: Sellers should be aware of taxable profits, with earnings over $600 in 2023 requiring reporting on a 1099-K tax form.
11. Time Restrictions: Sellers must ship items within five days, and buyers have three days after receipt to confirm, dispute, or request a refund.
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