When I talk to newbies who have just signed up on Poshmark, I get asked quite often
“How much money can you make?”
“Can you do this full-time?”
“When will I start making sales every day?”
Those questions are not easy to answer. And quite frankly, I’m not sure they have definitive answers.
I say this because many factors contribute to the success of your closet. Which brands you sell, the current trends, sizes you offer, and how you present your items… just to name a few. Inventory and mark up are other factors to determine your overall profitability. The best way to determine YOUR success is to set personal goals. With a new calendar year right around the corner- it’s the perfect time to set some goals for 2016!
Here are some suggestions to get you started:
GOAL 1: Yearly Poshmark Sales Goal
How much money do you want to make in 2016? Do you want to save up for a vacation? Do you want enough to buy a designer handbag in the fall? Is your aspiration to make a down payment on your dream car?
Decide what you want to get out of it.
Let’s set some Poshmark Goals!
Let’s say you want to make $3000.00 for a beach vacation…
What must you sell each month to get there? Buy a calendar or notebook for you to set and track your goals. It helps to see your goal every day.
(it was probably $3)
I am keeping an eye out hoping they will have them again this year- its the perfect size!
GOAL 2: New Listing Goals
When sales seem slow you will still want to have other kinds of Poshmark goals to achieve. How many available items do you want to have? Do you want to list 5 new items each week? I know purging your closet and listing can be overwhelming. Figure out small goals to help you get through it. Eating an entire pizza is easy if you cut it into slices.
GOAL 3: “Sharing” goals
This is a simple goal that is completely in your power to make happen. The only side effect is sales.
GOAL 4: Top seller, Posh Mentor, Fast Shipper, etc
These are fun badges to have posted in your closet!
Top 10% Seller!
Top 10% Sharer!
Some are super easy to get and some take a while.
You can find them under “My Closet Stats” in the Poshmark App.
GOAL 5: Suggested User status, Party Host
These may not be in your direct control, but when you get the email from Poshmark Corporate it feels like you won the lottery! Check out these posts for more information:
GOAL 6: Follower Goals
I make follower goals so I can see how much my closet has grown. It’s easy to overlook how much your closet audience is expanding and how far your reach actually is. Whether you play “follow games” or obsessively share new closets- it’s fun to watch your closet grow!
Do’s and Don’ts of Goal Setting:
DON’T make every goal so high that you get discouraged within the first few weeks
DO make some lofty goals as well as easily achievable goals
DON’T aspire to become someone else’s closet- aspire to be yourself!
DO find a PFF or other friend who you can celebrate with when you achieve a goal
DON’T be afraid to try something new
DO experiment with promotional sales, new cover shots, and sharing techniques to boost your sales
Remember, not all successes are monetary!
Once you start seeing yourself as a business owner with a strategy and have Poshmark goals in place… it becomes fun and satisfying to work towards achieving them. One of the most empowering things you can do is to stop comparing yourself to others and start recognizing all that you are accomplishing!
Do you already have Poshmark goals for your closet? Tell us about them in the comments!
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