Hello. For the month of June I grossed $1750.00 between both eBay & Poshmark. It’s not so bad compared to last few Junes. I made a little extra, and I used that extra money to buy more inventory.
I know I had plans to pay off my student loans with any extra profit, but I couldn’t pass up a good deal when my reseller radar starts beeping. I did some retail arbitrage with it and hopefully it pays off during the holidays. Except I only listed those items on Poshmark. During the holidays, returns are my highest. Returns are what I hate as a fashion reseller so having it on poshmark will be less of a headache compared to eBay’s lax return system.
On poshmark my gross sales are $1,000. On poshmark its $750.00. Keep in mind eBay I consider shipping as part of my gross sales for tax purposes. Before shipping its probably closer to the poshmark sales. Anyways hope your summer is good. July sales seems to be looking good for me, even though I have a couple of high dollar returns coming back.