As we gear up for our fifth birthday, I reflect on all the people who have been part of our story. The millions of women (and now men!) who join us every day to connect with and support one another and the team here at Poshmark who work to create a delightful experience filled to the brim with love. Thank you for all you do every day as a seller, a stylist and a shopper to nurture and support this amazing community.
Let’s take a look back at what we’ve accomplished together over the past 5 years:
In 2012, our first full year together, there were less than 50,000 Seller Stylists on the platform. Today less than five years later we have grown 40-fold to over two million Seller Stylists. Each of you selling, sharing and curating to make the world a more loving and stylish place. You curate nearly 5 million times a day and will share more than a billion items just this year alone. Not only do you share but you create boutiques, essentially designing the mall of the future on Poshmark. In 2012, it would take you more than a month to create enough listings on Poshmark to fill a department store. Today you do that in less than two days!
You have turned your closets into boutiques and your boutiques into fashion brands. There are now over 100,000 Seller Stylists who have opened a boutique on Poshmark in less than one year. In just six months, over 130,000 of you have expanded, opening up a men’s section in your closets, making Poshmark one of the largest men’s fashion stores online. Two interesting facts about this new category – 3 out of 4 sellers of men’s merchandise on Poshmark are women but men are shopping fast and furious. One man alone bought over 75 items in less than 4 months on Poshmark!
And all this love brings money. In just the last few years by shopping on Poshmark, you have put nearly half a billion dollars in the pockets of women (and men!) just like you all across America. This year alone the community will sell more on Poshmark than the last four years combined.
There are no boundaries as to what is possible for the future of our community. I am touched every day as I hear stories: women turning their love of fashion into six-figure businesses, Poshers mentoring each other and helping those in need, and people accessing a creativity they never knew they had in them.
Thank you for letting us be part of your story. We couldn’t have done this without you.
With Posh Love,
Manish & Team Posh