Kids in Wholesale Has Arrived

T&J Designs Kids 640
As you may have noticed, this has been a HUGE couple of weeks for Poshmark! Following our recent launch of Kids on Poshmark, we are thrilled to introduce Kids’ merchandise in Wholesale! From now on, you’ll be able to shop and stock some of the best Kids’ brands around. Woo to the hoo!

We’ve recruited some of the ca-utest Kids’ clothing and accessories so that you can stock your Boutique with a range of styles. Now your customers will be able to shop for their kids as well as themselves!

As well as being a seriously smart business move (hello, affordable pricing), it doesn’t hurt that kids’ merchandise is absolutely adorable! From fun backpacks to irresistible onesies, this inventory will have you wondering, “Do they have that in my size!?”. Kids clothing is a great way to kickstart your Boutique, and will help you add range to your product mix.

So, who are the amazing Kids’ brands we have lined up?

T&J Designs Kids
The Mommy-Moguls behind the brand have come out with a gorgeous Kids’ line. Think smaller versions of their famous graphic tees.

Ellie Kids
Serious princess vibes! These little girls’ party dresses add major wow to any Boutique!

Littlest Prince Couture
The mom-favorite brand focuses on a range of dressy and casual clothing for little boys, right down to mini dress shoes! *Swoon*

Bixbee
Accessories alert! These adorable backpacks and lunch boxes are the perfect addition to any Boutique!

Lily Nily
Delicate jewelry for little girls! These gorgeous necklaces will add yet another dimension to your Boutique – they make great gifts!

The Mini Classy
The Mini Classy has the best selection of Kids’ streetwear! Think comfy loungewear with a quirky twist. Love!

Doodle Pants
This brand specializes in truly the most amazing leggings! Soft, cute and hilarious.

So get shopping! This inventory is already flying out the door – smart Boutique owners are cashing in on this whole new demographic!

The Details on Retail: 3 Retail Boutiques You Need to Know

This week’s Details on Retail was all about three very different Retail boutiques! They may stock different types of inventory in their boutiques, but all of them are building their businesses on Poshmark in an amazing way.

DETAILSretailsuccessrecap

Quick recap: What is the Wholesale portal?
The Wholesale Portal is a place right in your Poshmark app where you can buy Wholesale inventory in bulk. Inventory will usually be sold in packs of five or six for you to then stock in your boutique and sell as “New with Tags” Retail! It is absolutely the fastest way to get your boutique going – and it couldn’t be easier! No resale license is required – woohoo!

Best of all, there is an exciting new update to your Wholesale experience! You can now find the Wholesale portal right in the Shop tab. That’s right! Easier, faster access to Wholesale. (Right now this update is only for iOS but will be available to all within a week!) Once you pop into the Wholesale Portal, you’ll find the next exciting update, which is that your Wholesale experience got a makeover! It’s now more shoppable than ever, with increased searchability within both closets and listings.

Specifically:
-Shop by listings or closets →  Switch seamlessly between viewing closets and listings.
-Updated Feed → The new feed updates in real time so you’ll never miss out on new inventory from your favorite brands!
-New filters and search bar —> Filter by trending to see what’s hot and search closets and listings to find exactly what you’re looking for—in just a couple taps.

Important thing to note is that the Wholesale portal will only be available if you are already Wholesale authorized. To become Wholesale authorized is easy – you need to have made 10 sales and have at least a 4.5 rating.

Now onto our three amazing sellers and their stories!

Established Seller // Jena (@Jenaforsberg)Screen Shot 2016-06-09 at 1.43.48 PM
Jena has a highly curated, beautiful closet with a range of inventory across accessories and clothing. Her photography is on point! But that’s not all. Jena’s closet has a mission – to empower women! Her entire closet is based on her ethos that women should feel and look their best.

Retail and Resale seller // Michelle (@metchison)
Screen Shot 2016-06-09 at 1.45.06 PM
She has a stunning closet with seriously gorgeous photos (lighting on fleek!). She sells both Retail and Resale inventory, but you would never know the difference because of how consistent her aesthetic is! Be sure to check out her gorgeous Boutique – we’re loving all the lace she has in there right now!

Fashion Entrepreneurship Fund Winner // Christie (@Christiemann24)
Screen Shot 2016-06-09 at 1.46.28 PM
What’s amazing about Christie is that she is constantly trying new things! She’s sold many of the brands from the portal, and everything is modeled and styled beautifully. She’s also great at promoting her brand on Social Media which is a great tip if you’re trying to grow your Boutique.

Remember that you can make your Boutique whatever you want it to be! Whether you’re building your Retail business from the ground up, already an established boutique, or mixing retail and resale, Retail can be tailored to your needs!

You can catch the full livestream here:

 

The Details on Retail: What to Think About When Pricing Your Merch

blogrecap_pricemerch

This week’s The Details on Retail was all about how to price your merchandise while keeping in mind of what you should pay yourself back for.

Wholesale Portal brands offer a MSRP, look out for it in the description field under a wholesale pack listing. OR you can use the retail rule of thumb: a markup of 2.5-3x the wholesale price.

Some other key things to think about:
1. The 20% Poshmark commission
2. Factor in the $5.95 shipping cost
3. Price drops – determine the lowest price you’ll go before pricing an item

*Pro tip: If a Wholesale Portal brand is offering a pack of say, the same t-shirt in the same color, and you think you can sell that same t-shirt in different colors – you can ask that brand to do a custom bundle for you! #loveit

Things you may not necessarily think about when pricing are the things you should pay yourself back for. Consider:
1. Your time (think about how much you want to be paid on the hour to list, share, pack & ship – calculate that in)
2. Materials (like tape, thank you cards, tissue paper, etc.)

Putting your boutique on par with the traditional brick and mortar shop:
1. Don’t put your inventory on sale immediately (allow for 30-60 days to sell an item then think about putting it on sale)
2. Know your boutique has value & that there are more retail buyers coming to Poshmark

You can watch the full video(s) (amongst some small technical difficulties!) Happy Poshing!

Part One:

Part Two:

The Details on Retail: How to Think About Buying Inventory

5_25 Blog Recap

In case you missed it, or just need a refresher, our weekly live stream series, The Details on Retail covered some tips to keep in mind when buying inventory. The key? Thinking seasonally. You should prep your inventory by buying for the season ahead.

This benefits you and your boutique in many ways:
1. It gives you some organization around what to buy, and when
2. It allows you time to receive the inventory, photograph it, merchandise it, and tie the listing together with a great description

With summer just around the corner, we highly suggest building your inventory around seasonal items such as bathing suits, maxi dresses, wedges, shorts, dresses, etc.  –these are all items that customers are looking to add to their wardrobe for the upcoming season!

One of our current favorite Wholesale Portal Brands is Fashionomics. They’re listing tons of great items that are perfect to round out your summer inventory (and offer plus size options as well — score!)

Another added bonus of Poshmark’s Wholesale Portal? The quick turnaround from purchase to receival. All wholesale brands have their packs ready to go and ship out within 5 business days. Can you say amazing?

You can catch the full livestream here:

Want even more live streams from Team Posh? Tune in on our Facebook Page weekly, at 6pm PT!

PoshTip: How to Get Your Closet Ready for Festival Season

Screen Shot 2016-03-08 at 5.22.40 PM

Festival season has arrived and we’ve got you covered. As mentioned in our February Trend Report video, this style is in high demand so we’ve stocked the Portal with all the boho, gypset inspired looks that are sure to sell faster than you can say Coachella. From carefree, sun-basked outfits to eye-catching, finishing touches — your buyers will find everything they need for the wild, fun, festival season, right in your closet.

To kick off this exciting season, we’ve curated a collection of the best boho brands in the Wholesale Portal:

Flash Tattoo

Flash Tattoo 2

Boho Gypsy Sisters Jewelry

Boho Gypsy Sisters

April Spirit

April Spirit

Ketzali Accessories

Ketzali

SunaharA Jewelry

SunaharA

Haven’t yet shopped the Wholesale Portal? What are you waiting for?! Head to your Account Tab to get certified and shop this inventory before it’s gone!

Want to sell retail or have more questions about our Wholesale Portal? Visit our FAQ page!

Introducing the Boutiques Section on Poshmark

Boutiques Launch 1200x497

Are you ready for this major update?! The Poshmark Boutiques Section has arrived!

Now at the top of your newsfeed you will be able to simply tap on the Boutiques section and shop from sellers that offer a curated selection of brand-spankin’ new merchandise.

It’s like shopping your favorite boutique in person, but better. You can now access thousands of diverse boutiques straight from your phone. Hello, messy bun and sweatpants.

Poshmark Boutiques. All brand new, all the time.

<<Upgrade Your App!>>

Want even more information about the Boutiques Section? Check out our FAQs.

Download the newest version of the app to get started! If you don’t see the Boutiques Section in your Feed just yet, don’t worry. It will be available to the entire community (including Android!) in upcoming weeks.

The Poshmark Wholesale Marketplace is Live

Qualified sellers, are you ready to take your Poshmark business to the next level?! It’s time to shop our Marketplace for wholesale inventory…and hurry, everything will sell out FAST.

How to shop the Wholesale Marketplace

Where can I find the Wholesale Marketplace?
The Wholesale Marketplace is accessible in your account settings under “My Seller Tools,” or under the Shop Tab in “Wholesale” if you’re boutique certified.

Who is qualified to access the Wholesale Marketplace?
Sellers with 10 or more sales, 4.5+ average rating, and completed Boutique Certification are qualified to access the Wholesale Marketplace.

How does buying work?
Purchase inventory within the Wholesale Marketplace just like you would a normal listing on Poshmark. Press that big, blue “Buy Now” button!

The only difference is that each listing in the Wholesale Marketplace represents a pack of 5 items. The price of the listing is the wholesale price of all 5 items combined.

How do I know what I am getting with my pack?
Be sure to read the listing title and description for detailed information about each pack. Remember, each listing represents a pack of 5 items.