Besides the traditional (…and sometimes heart-breaking) garage sale, there is also a more modern take on selling your pre-loved items. Enter Poshmark and Mercari! These are apps and websites that allow you to sell and buy items from your phone or computer. Since, i’ve listed more items on Poshmark and sold items there, that app will be the premise of this blog.
At times, I did feel a little heartbroken when I sold a top that I bought for more than $30 for just $2 at our garage sales, and because of this, I opened a Poshmark account. I could list a top, dress, skirt, bag, wallet, and shoes for however much i’d like to get in return. The buyer, on the other hand, could negotiate or “make an offer” for a lesser price and it would be up to me to decide whether to accept or decline the offer. Some buyers would also just pay for the listed price and skip the whole negotiation process.
Since I opened my Poshmark account, I’ve sold five items and made over $60. Some of the items were listed for really cheap though. For example, I had an authentic Coach wallet which I owned for more than ten years and sold it for $9. I then looked around and saw that many people were selling the same item for much more. That part can be a little sad and hurt your heart a little. However, if your goal is to simply downsize and get rid of items…and make a little money while you’re at it…then you’ll be fine. (I was fine.) Also, I did notice that those sellers still had those items, meaning: buyers didn’t want to pay that price for the wallet. Sometimes, it’s really hard to choose a price and whether to accept an offer. In a way, you are running the risk of losing a sale or making a sale but getting jipped along the way.
Below are tips on how to sell items and how to price the items:
Tip #1: Take good photos! I used my friend’s fence as a backdrop and used regular sunlight as my lighting. The pictures looked so amazing!
Tip #2: If you must..model the item! Wear the shoe, put on the dress, or pin back your hair to show those pretty earrings.
Tip #4: Join the parties. Share your items on these parties, and share the love by sharing other people’s items too. They will return the favor. Remember, the more shares, the more views people will get of your item.
Tip #5: Be as descriptive as possible. Take measurements, name-drop the brand, and tell a story if you have to.
Tip #6: If a person inquires about an item, reply back as quickly as possible. Some people lose interest right away, and if you don’t reply back within 48 hours, more than likely, they’ve lost interest.
Tip #7: Ship items right away and put some pizzaz in it. This helps when the buyer rates you. They will leave 5-star ratings that will help prospective buyers trust you.
Tip #8: How much is the item worth to you now? If not much, I would list it for a price that I know buyers won’t be able to resist.
Tip #9: If you want to compete with the market, look up the item on Amazon or Ebay and see how much it’s listed for. You can then adjust your price accordingly.
Tip #10: Don’t expect to get your $250 back for an item that has already been used. Meaning: if you bought it for $250, and used it a few times, and try to sell it for $250…you will not get many likes on the item. Buyers would probably pay that price if it was New-With-Tags (NWT.) So, price accordingly and remember that buyers are people like you who are looking for good deals.