How to hit a Poshmark Lowball out of the Park

Poshmark Lowball Offer

If there was one word I could remove from the Poshmark vernacular it would be “lowball.” As in, lowball offer.

I hate it, it makes my skin crawl. It’s not the meaning behind it that I despise (although we all cringe at $5 offers on our designer jeans) but the word itself… it’s overused, but for a good reason.

I will explain two major ways that “lowball” offers are given in case you have not experienced one before, or if you are a buyer and not a seller.

Examples of the dreaded Lowball Offer

  • You have a Wildfox baggy jumper listed at $90. You originally paid $138 and you only wore it 3 times. Sure, you would love $90 for it, but would feel good about $75-80.

Then you get that single word comment on your post that says “20?”… you immediately pour a glass of wine.

  • You list a pair of Toms shoes (of course you did- who actually likes Toms???) that you never wore… You list them at $35. You are SO EXCITED to get the alert that someone actually used the OFFER feature!!! Only to find that they offered $5.

***Editors note to Newbies: A reasonable offer is typically no more than 10-15% less than the asking price- of course that varies by closet.***

As much as it infuriates the seller and they WANT to tell you how insulting they find your offer and explain exactly what you can do with it and your virtual 5 dollar bill… I am going to have to defend the Posher with the low offer!

Don’t hate me, I will explain.

Few people on Poshmark are actually trying to make you upset.

Consider what could be going on…

  • Someone on a budget finds the sweater they have always wanted and only has $20 to spend, what is the harm of throwing it out there? The worst that can happen is someone says no!
  • The potential buyer doesn’t know the fine art of negotiation and says $5 in hopes that you will come back with $28 and she will have just saved $7 on those lovely Toms!

Look past what is happening and determine what you want as the end result.

Buyer 1: Explain that you use the offer feature only and ask that he/she submit the offer there

Buyer 2: Simply counteroffer with an amount that you would take even if you are closer to your listed price and FAR from hers. You never know! What is the worst that could happen? You could actually make a sale!

 

Some advice for the Lowballer…

If you choose to comment on a listing, fight the urge to comment only in dollars (i.e. ’20?’), it will go over much better with the seller (and may even be considered) to say something along the lines of “Hi, I know you have this listed at $90, I can offer $20 today, thank you for your consideration!” Acknowledge the seller, state your intent, thank them for their time. For best results, combine this comment with an official offer using the offer button.

 

Happy Low Balling!

XOXO

 

 

 

Save

Save

10 thoughts on “How to hit a Poshmark Lowball out of the Park

  1. I really like your suggestions! I’ve been receiving a lot of *those* (I know you don’t like the word. 😉 ) offers lately, mostly on items that I’ve marked as “Firm unless bundled” and “final reduction” or “final price”. I’ve already got my items at about the lowest I’ll go but because of so many very low offers, even though it would mean no more price drop notices, I’m considering raising my prices so I can counter all of the offers that are coming in. Any thoughts? Thanks!

    1. Sometimes I think if the price is TOO low- there is a perception of low quality. I have had quality items that have sat at low prices (my idea of low is below $10) for weeks and I think to myself “Really??? Don’t people understand that I am giving this away?????” I will them mark it back up to above a $10 price and then get an offer of my previous “low” price or better! So YES, give it a try! Or, if you are at an extreme low price and you have no takers and you can’t drop the price for discounted shipping- you could also just delete and relist with new pics and a higher price! Sure- you will lose all those “likes” but in actuality- they were not serious buyers… Clearly.

  2. Elle, I nodded in agreement while reading this post and could totally empathize with the cringeworthy moment of receiving the “Divergent Offer”, aka “DO”. I, too, am in favor of removing “Low Ball” from Posh vernacular – I find it brash with a negative air. Buyers are coming from all over the place when they submit an offer: they’re new to Posh, they expect deep discounts, they ARE trying to finagle a steal, etc. etc. Regardless of their reason, as a Seller I am thrilled that they have chosen My Closet … My Item. I am proud to say that I counter each and every offer and counter offer received. I also have a few prepared responses with which to tag the Buyer. As an example, if a Buyer tags me with “$10” in Comments, I cut-and-paste this reply into my Comments: @buyer “For the purchase of a single item, please feel free to MAKE AN OFFER using the Posh Offer Button. FYI — BUNDLE DISCOUNTS – 20% off 2 items & 25% off 3+ items. I manually put together bundles, so please feel free to ask any questions. To better manage your expectations, Your Best Bargains are in BUNDLES. — Thanks for visiting my closet!” Any chance I have to engage a Buyer is a sales opportunity. Surprisingly, I have turned a number of offers on single items into bundle sales. And even more surprising, most of my Bundle Sales turn into repeat customers.
    I am shocked by the number of closets I encounter where the first listings I encounter are “My Posh Rules” – “No Lowballers” – “No Trades. No Paypal.” How many retail stores or retail websites lead with their Return Policy in the front page or the top of the web page? None of the successful ones. Just like a store or retail website, it is our job as Sellers to welcome Buyers into our closets. It is our job to educate Buyers. It is our job to engage Buyers. For repeat questions, such as “Do you trade?” — “10?” — etc., you can have standard responses that you cut-and-paste into Comments. I have found this much more effective than a separate listing with my “Closet Rules”. It also allows me to tweak responses and personalize.
    BTW, I enjoy reading your posts!

  3. Elle,

    I love your posts. You are an awesome Posher. But I have to disagree with you about these #$*&^ offers. I had a $75 Ted Baker top that a girl offered me $8 for today. Girl, I wanted to accept it, congratulate her on her purchase and then quickly cancel the order just when she got excited about it. I just don’t like my time wasted. Not only do I get notification through my phone but I get an email too. There are plenty of items that are way out of my budget that I would love to get for pennies on the dollar. But I would never insult the seller with a #$%^* offer. I just wish Posh could do a class to educate new and old Poshers about what is appropriate negotiations or not.

  4. Absurdly low offers are inconsiderate and a waste of everyone’s time. Ehy should a buter think a seller wants to lose $70 by offering $20 on a $90 item? If you don’t have the money near what it’s really worth used, don’t buy it. I block regular lowballera, I’m a store, not a charity giving away free Prada to the world.

  5. I think your blog post is great! Low ball offers come with this type of platform and it’s all how you deal with it in my opinion. The only time I really block is when they make the same offer more than 2-3 times on the same item after I’ve counteroffered my lowest more than once. Sometimes my counteroffer to lowball offers turn into sales and that’s why I don’t get as offended or upset about it as much as before. To me, at least they are paying attention to my items even if their offer is really low. Usually before I counteroffer, I let the potential buyer know that my counteroffer is my best price due to the 20% Poshmark commission and sometimes it works. I enjoyed reading this!

  6. OMG dying 😭😭😭

    “Then you get that single word comment on your post that says “20?”… you immediately pour a glass of wine.”

    This is the second time I’ve come across your blog while researching Poshmark and have found it super helpful. I’m rethinking my ‘hardass’ disclaimer about lowball offers on some of my listings after reading this. Although, it still hurts my heart that people don’t do comparative shopping, like, on what planet would I sell you my NWT Chanel blouse for $20???? 🙄

  7. I found my solution while researching this maddening problem. One gentleman said when he receives a lowball (Yes. I’m going to say it.) offer, he counters by offering 50% MORE than his original price. Without a snarky comment, he gets his point across and either the lowballer walks away or comes back with something that makes more sense. I LOVE this to use with the worst. Case scenario from today. NWT Wolford bodysuit $495. I had it for $117. Man bundles with a $6 top and then offers $50. After Posh takes their cut and the 20% bundle discount he pays $40 and I only get $32. I banned him. Then started my research. So wish I’d read this gentleman’s solution before.

Leave a Reply

Your email address will not be published. Required fields are marked *