We found popular sites like Poshmark online. Poshmark is one of the marketplaces that focus majorly on fashion products, new makeup products, accessories and other home goods. The company was created by Manish Chandra with the help of others (Manish Chandra, Tracy Sun, Gautam Golwala, Chetan Pungaliya) in the year 2011.
The company offers more than 5000 different brands on their sale list (such as Michael Kors, lululemon Athletica, Chanel, Nike, Louis Vuitton, PINK Victoria’s Secret, Coach and likes of it) and records millions of customers alongside more than 2 million seller stylists.
One thing to note down about Poshmark is that their sales are generally categorized as final sales since they do not accept returns on items already purchased. But you can launch a complaint with them if your item never arrives or your item doesn’t fit the description given.
To make matters easier, Poshmark introduced the Posh Remit feature which enables their platform to collect, calculate and remit both local and state taxis as applied to you. It takes an average of 1 to 2 weeks for your orders to arrive as sellers are given 7 days grace to ship out their items. If you want their fast shipping service, it will cost you $6.79.
All orders placed within the United States are sent through the USPS Priority Mail. This makes Poshmark orders to follow the USPS policy and any item bigger than the specified length and width is termed as the bulky item and as such can attract extra shipping fees if need be.
Poshmark has some terminologies associated with them such as Posh Party, Boutique, Posh Authenticate, Showrooms, posh market.
Porch Party – users of Poshmark select a real time-time to meet up in the app for different shopping activities. They host up to 4 different parties daily.
Boutique – this occurs when a particular item which has just been purchased from the manufacturer or wholesale is being sold for the first time publicly. A boutique certificate is needed before your items can be listed as boutique items.
Posh Authenticate – extra security measures and authentication are taken on designer items or luxury handbags before they can be sold.
Showroom – here is where trendy items or popular brand items are being displayed for exploration and purchase.
Posh markets – this is the easier way Poshmark helps you to categorize items to make them easier for you to locate.
As a Poshmark seller, you pay a flat rate commission of $2.95 for all orders below $15 and 20% commission on orders above $15. Each item belongs to a particular category in the Posh Market.
Some of the categories in the Posh Market are;
- Activewear Kids Market – Example, 32 degrees, Nike
- Activewear Men Market – E.g. 2xu, Nike, 32 Degrees
- Activewear Women Market – New Balance, 2xu
- Luxury Kids Market – Chanel, Rolex
- Luxury Men Market – Mauri
- Bath Market
- Bedroom Market
- Dining Room Market
- Gift Market – Accessories
- Home Market
- Kitchen Market
- Living Room Market
- Office Market
- School Market
- Seasonal Décor Market.
A lot of online market activities take place in Poshmark, you can check out their site at www.poshmark.com for more explicit details.
If you are looking for alternative ways to make your online shopping experience wonderful, below are some other fantastic sites to look out for.
The 5 Similar sites like Poshmark are
1). eBay
Although eBay seems to be one of the biggest Jack of all trade online market place. It does justice on items listed to be purchased. With no listing fee and only 10% commission per sale, you are sure to make good use of this site. The company has been in existence since 1995 so you can be sure to cut a good deal on their fashion section here. More detailed exposition on eBay is available online at www.ebay.com.
2). Etsy
Etsy was founded in 2005. The New York-based online marketplace focuses on the sales of crafts and vintage items. Here, it may cost a token to get your item listed, just 20cents. But with millions of users on Etsy, you are sure to make a sale. You get to be charged only 3.5% on transactions and another 3% processing fee. It looks quite cheaper than some other sites out there. Other categories of items that can be found here are Jewelry, Clothing, Bags, Home Décor and so on.
Visit www.etsy.com for more details.
3). The RealReal
With what looked like a meagre start-up, the founder of The RealReal, Julie Wainwright started her business from her home in 2011. Today, The RealReal now records millions of customers and consignors with about 3 retail stores in LA and NYC with additional 9 Luxury Consignment offices around the country. They have their headquarters in San Francisco, California. The RealReal offers you fashion in its full regalia as you can find items ranging from women, kids to men’s wears including Jewelry, home decor, fine art. Originality and Authenticity live here. They use the UPS mail-in shipping items. Depending on the shipping time you chose, you can spend anywhere between $11.95 to $50 as a shipping fee. The RealReal offer services to over 60 countries around the world. Online items return must be returned within 21 days of purchase while in-store returns must be returned within 14 days of return.
You can review more about them at www.therealreal.com.
4). ASOS
ASOS is an online clothing retailer that brings your favourite fashion brand to your doorstep. ASOS which was an acronym for As Seen On Screen was created in the year 2000 and are fully registered in England and Wales. ASOS is based in London with their head office address as Greater London House, Hampstead Road, London. Before you can enjoy the services of ASOS, you must have at least attained the age of 16 years and above and have a valid credit or debit card. Items bought which are not as expected can be returned and you will be refunded.
But how you get your refund depends on the time you returned the item. Items returned after 28 days of receiving it is eligible to receive a full refund through the payment method you used. Items returned with 29 to 45 days can receive ASOS gift voucher equivalent to the amount. But you should know that gift vouchers cannot be used to pay for ASOS Premier Delivery.
Promo codes are also provided once in a while which is useful in getting discounts in your purchases. Keep an eye out for them.
ASOS is a sure way to sell more of your vintage wears and keep their 10% commission for them off every sale you make on ASOS.
Visit www.asos.com to know more about them.
5). Tradesy
Tradesy all came from craving the founder and CEO, Tracy DiNunzio had in the year 2009. The craving to provide a better platform that can help improve people’s fashion as she became frustrated with her closet which is full, yet she couldn’t find anything meaningful to wear. Tradesy’s app was launched by a team of 6 people by 2014 and caught the attention of Good Morning America in just one week which landed them on national TV.
By the year 2015, she already got about a million members and this brought about having world-class investors like Kleiner Perkins to invest with her. The Tradesy influencer showroom has currently opened in Santa Monica and the lounge, boutique, and art gallery is something to kill for. Tradesy has recorded sales reaching over $1 billion.
In general, Tradesy can be addressed as the women online fashion market. Listing items for sale using the Tradesy app is for free. Items which sells below $50 gets remit a commission of $7.5 while items above $50 attract a flat rate commission of 19.8%.
Tradesy supports multiple Banking methods which include Debit Card, PayPal Payment and ACH transfer. You receive a free kit to package your items when you make sales. Apart from items marked as “Final Sale”, you are free to return your items with no extra shipping fees.
One thing is sure, with Tradesy, what you ordered is what you get. Items undergo a thorough check-up to ensure that they fit the description met. Tradesy offers fashion from great brands and designers like Louis Vuitton, Prada, Gucci, Celine, Chanel, Christian Louboutin and so. Sell, Shop and share at www.tradesy.com.
You may also like Sites like ASOS
Conclusion
Poshmark is very easy with exclusive features that provide easy navigation for its users. Transactions with Poshmark couldn’t be any easier and you can even get as much as 70% off the retail price on Poshmark. But one of the things that keep people away is the fact that they tend to attach too many fees of items.
In the end, people get to pay more than other sites listed here. So, you may want to check out other sites like Poshmark listed here to see which you’ll prefer the most.
