We’re a bit smitten over J‘s closet for statement pieces and all-around gorgeous items for any season. Come shop our favorites:
1. Chanel Two-Toned Riding Boots: $1150
Retail $15952. Forever 21 Coat: $40
3. Diane Von Furstenberg Delian Dress: $150
Retail $5504. Zara Ankle Wrapped D’Orsay Heels: $90
5. Karen Millen Bandage Dress: $55
Retail $2986. Studded Booties: $45 Retail $149
One question we get a lot at PMHQ is how to choose the best price for your listings on Poshmark. We know each Posher has her own strategy for making the most money while giving the best deal to their customers. Read on to see how PM team members decide on a selling price!
- Original price is important because I want to be able to give buyers a great deal. An item is not as enticing if they can buy it at their local mall for about the same price.
- The condition of the item plays a huge part as well. Signs of wear: stains, holes, pilling, fading color, etc. means I’ll generally offer heavy discounts. Who will want to buy it if they can pay a few extra dollars for it brand-new somewhere else?
- Lastly, I think of demand: Is it sold out in stores? A popular designer? A must have this season? I like to offer at least 30-40% off retail price on my items, and even more if it is a style or brand that is mass produced and can be found anywhere.
- Market price: I do a quick search to see what price comparable items are actually selling for (not the same as what they are listed at – it’s only a true market price if it has sold).
- Willingness to pay: How much would I be willing to pay for the same item in the same condition? If I wouldn’t pay $75 for a gently-used non-designer sweater, I can’t expect someone else to.
- Brand popularity: From personal experience, fashionable mass-market brands like J.Crew and Zara sell well and quickly, which translates to how much I can price it. Some of my favorite brands are more niche and less often searched, which may require me to price at a higher discount.
- Current vs. dated: I might be able to get more for a gently used item that is still in style, compared to a NWT branded item from several years ago.
- I do a quick search for the item on Poshmark to see how others have chose to price similar items. This step ensures that my price is fair and reasonable.
- Understanding that the Poshmark community loves a good bargain, I leave a little wiggle room of about $5-10 in order to be able to negotiate my price lower. Keep in mind that everyone loves a steal—so when possible, I price my items on the cheaper side so that they’ll sell fast to make room for that new pair of Karen Walker sunnies or those Valentino Rockstuds that I’ve been eyeing in other Poshers’ closets!”
Now it’s your turn! We want to hear how you select a selling price in your closet. Leave a comments with your best pricing strategy tip.
We couldn’t be more thrilled to share Tania’s delightful mix of vintage and modern finds in today’s Community Closet Feature. The closet boasts a variety of unique vintage duds as well as bold contemporary pieces to ensure a wardrobe that won’t bore.
Of course we’d be remiss if we didn’t mention this community member’s eye for a stunning covershot; we love her clear images and amazing posing skills! If you’re looking to add a special piece to your own collection or two to ensure an outfit that no one else has, be sure to stop by her closet soon!
Urban Outfitters Navy Polka Dot Layered Skirt: $20
Vintage Plaid Blazer: $20
Vintage Red Polka Dot Tokyo Sweater – $10
Turquoise & Silver Elephant Ring: $6
Vintage Brown Suede Cropped Jacket: $35
Vintage Polka Dot Cropped Chiffon Jacket: $17
Apt 9 Grey Suede Ankle Boots: $6
- Vintage Dark Red Floral Tapestry Jacket: $35
We know at times it can seem intimidating to try to take the perfect Covershot, and you may think it’ll just be easier to use a beautiful photo that someone else took. That’s when the thought crosses your mind: Is that okay to do?
Read on to get some best practices for using photos you didn’t take:
Even though we’re big fans of their great photography and beautiful pictures (hello, Instagram), whoever took the photo is the copyright holder of that image. They can sell or give permission to use it if they wish. They might even be open to their images being used if you reach out and ask. Others may not mind someone else using their photos at all! However, unless you took the photo, it’s best to assume you don’t have the right to use it.
What if you still want to use photography that isn’t yours? We strongly recommend to:
1. Get permission from the image owner – whether it’s an individual or a company. Don’t be shy! Reach out to the owner of the image for their go-ahead. Most image owners don’t mind as long as you’ve cleared it with them first.
2. When posting the picture, make sure you mention the original owner, link or tag them and other necessary ways to show the image’s source.
3. If you don’t receive permission, use a different image altogether to avoid any sticky situations! Let your personality and creativity shine and take your own photos for listings – it’s the best way for your potential buyer to know exactly what they’ll get when they buy the item!
For more tips on taking Covershots and other product photos, see the links below:
Make Your Covershots App-solutely Stunning!
Photo Tips From Power Poshmarker, Simonett
Take Better Product Shots