Poshmark Reselling | Used & NWT
Poshmark reselling guidelines to live by #Poshmark, #Reselling, #Guidelines
If You've Opted to Sell Used or NWT (New With Tag) Only, here are some tips for finding inventory and how to prepare those items to be sold.
The term "Used" is pretty self explanatory. These are items that you or someone has worn that you are now selling.
Items that are new without tag are still considered "used" even though they haven't technically been worn.
If you have graduated from selling out of your own closet, to buying items to resell, there are some things you'll need to take into account when completing your search for inventory.
Pay attention to Name Brands
Used | One of the biggest positives about Poshmark is that you can find used, well taken care of items at a fraction of the cost of what it would have been retail because it's used. If you can find popular name brands that are used, these items will still fly out of your closet (I know this from experience).
People are always looking for a bargain and if a customer can find that shirt they've been searching for that retails at $150, for more than half off - that's a fabulous find and the customer will be more than happy, they'll be excited to have found it.
NWT | This also goes for NWT items. You'll get an even bigger payout if the item is NWT.
Note the Condition
Used | One caveat of selling used is the condition. If you've worn a garment until it's held together by a string, this is a "no sale". Do not sell items that have clearly seen better days. If you wouldn't pay for an item based on its condition, then don't expect anyone else to either.
NWT | You may be surprised, but NWT can come with flaws as well. If you're buying clothing from a retailer and the item was tried on, there's a possibility of stains (like deodorant or makeup). You'll want to pay attention to this before purchasing, to make sure the item can be cleaned.
Be Honest About the Condition
Used | Being that you're selling used items, there's a strong possibility that you'll come across items with flaws like pulled threads, missing buttons, loose hem, etc.
A flaw doesn't necessarily have to deter you from selling the item, but you do need to be honest in your description about the condition of the item.
If the item is in overall good condition and the name brand is right, the item can still make a couple of dollars for you.
Don't get offended if someone asks you about the condition of your used items.
The customer is simply covering themselves and ensuring that they can deal with the issue before they spend their money.
NWT | This advice works for NWT as well. As stated earlier, NWT can have flaws too and you'll want to disclose this to avoid further issues - like a case.
Be Prepared to Make Minor Alterations or Repairs
Used | You may come across an item that's in almost new condition, but there's a loose button (for example). You'll simply need to tighten the button to ensure you're providing the best version of the item possible. Always keep supplies like sewing kits and scissors on hand for when small repairs like this are needed. Click here to go to the Clothing Prep Supply List.
NWT | New with tag items sometimes comes with loose buttons, a loose hem or in worst case scenarios, a security tag. You'll want to make sure you have the tools to adjust or remove items if necessary. Click here to learn how to remove a security tag that's been left on a garment after purchase.
Finding "Buy Worthy" Used Apparel
Used | Most used clothing can be found at a 2nd hand store or boutique. You can also find clothing to sell by paying attention to retailer sales and discounts. Click here for more ideas on where to buy items to resell.
NWT | You may be surprised to learn that you can also find clothing on Amazon. Amazon offers "Add-on's". Pretty frequently, various merchants offer an extreme discount of the price of an item and you can find it as an add on.
Be sure to visit Amazon often if your plan is to buy add on's. There's usually a certain amount of items, in a certain color, for a short period of time. You may see a dress as an add-on during the day and check back a couple of hours later and it's no longer available.
Buy Off-Season
NWT | Certain times of the year, some retailers have huge sales with deep discounts. This is an easy way to pick up some NWT items without having to pay close to retail. Another way to save money when looking for NWT items, is to buy off-season.
During the off-season, prices on items are usually slashed by 50% or more. The reason for this is that off-season items will be stuck on the store shelves due to the lack of interest for the item (winter boots are not flying off the shelves in mid of July).
Used | Some 2nd hand stores and boutiques offer discounts during the off-season, but in my experience, this is not always the case. Shoppers that frequent these types of stores are hip to the off-season savings strategy and the price usually stays as is, unless the store is having a store wide sale to get rid of a broad range of items.
Conclusion
In conclusion, I hope this article has been helpful. There's many avenues to finding clothing for your closet, it boils down to: what you want sell, how much you want to pay and how much preparation are you willing to complete.
Both used and new with tag sales can be lucrative. It's a matter of recognizing the trends in fashion, finding the best deals, offering the best prices and being honest to your customers.
Good Luck!
Thank You,
Nykole
