Hi. I didn’t realize I haven’t posted my gross sales between two platforms for three months. I can’t believe it has been that long. Anyways, back to the numbers right?
Between eBay & Poshmark I sold $5580. Even though I hate eBay for various reasons, these numbers made me realize I’m still not ready to leave eBay.
On eBay between July-September I grossed $3270. For Poshmark between July & September I grossed $2310. Even if you factor in the difference for shipping on eBay ( when I do taxes, shipping is counted as income), I still profit a little more there. I still prefer the user friendly aspect of poshmark.
I could go on a long spiel on why I didn’t update my numbers but it was for various things I had to take care of first. Btw, it’s fourth quarter! If you are a reseller, are you working like crazy just listing? My sales have picked up, I just wish I made listing more a priority.
This is why my number are considered low for me personally. I haven’t been listing as much as I usually do. I hope to do better and be prepared for Quarter 1 ( that’s usually my best selling quarter).
“What’s your store or closet name?” This question has come up from time to time. I have shared it in the past. Though I want to be very clear why I don’t now. If you feel that by not sharing it, the information is fake. If that’s how you feel, then I can’t stop you. I share numbers to inform people how I’m able to contribute to my family’s income. Not to convince you I’m a reseller Guru. If you learn something along the way, then that’s great! Here are the reasons why I don’t.
1) There is a theory on how views can affect the eBay “algorithm”. Meaning if people are viewing, but not buying, it pushes me lower in search. That theory is enough for me to not share it. The whole “algorithm” is very complex. I’m not even going to try to explain it because even I’m not sure. There is more than searching that can affect how your eBay store is seen.
2) My prices on both platforms can be different. I run sales frequently on eBay, and price drop, and send offers on poshmark frequently that by sharing my store would confuse potential customers. Having two different set prices for both platforms is a turn off. While the price different really isn’t a huge amount, it’s just very confusing to a buyer who knows I have two stores. I have also come across people who message me through the app about buying from the other. I do not want to come across that because I can lose my accounts for selling on different platforms.
3) I’m still learning inventory control. I’m still very new to selling on two platforms. I don’t want to ever sell an item on the platform at the same time. Having to cancel a sale on eBay really affects your top rated status. I’m not sure about poshmark, but I’m sure if it happens enough, the consequences is probably not being seen to customers.
4) Eventually I would like to sell on one platform only. Right now I have 11,000 in student loan debt. Once that debt is paid, then I will decide if I will stay with either eBay or Poshmark. I could always keep doing both, but I won’t know until I achieved that goal.
I will still try to answer questions. I’m not an expert by any means. Both apps/platforms changes throughout the year that the whole idea of “Anybody can do it” should come with a disclaimer. Listing is easy. Until you you have to deal with an INAD (item not as described) or returns.