My Thoughts on NWT, NWT Retail, and the Boutique feature
(If you do not have Boutique feature yet, update your app. The Android update will come in the next few weeks. If you still cannot view the feature- you can read about it on the Poshmark Blog HERE.)
Disclaimer: I have been trying to write a post about “Retail” for some time now…
The only way for me to get my thoughts out is to just throw them out there.
So here you go:
I generally do not shop Poshmark “NWT Retail.”
NWT means New With Tags.
“NWT RETAIL” is when a seller buys at wholesale from a distributor and sells it, thus, becoming the retailer of the item.
“NWT RETAIL” is not when you go to Macy’s and find a deal on clearance and put it in your closet.
That is just plain NWT.
“NWT RETAIL” is not driving to an outlet mall and purchasing items to list in your closet.
That is just plain NWT.
I would purchase from a Poshmark “Boutique” if I loved the piece.
I purchase what is my style, not what is trending.
For instance, I hate blanket scarves.
I do, however, love blankets and sleep under 3 of them.
I RARELY purchase full price or at a mall.
“Retail” is the equivalent of a mall, in my opinion.
I do not think all “NWT Retail ” is cheap or poor quality clothing.
I admire Poshers who sell retail- it’s not an easy business.
Sometimes they make it look easy- that’s because they are good.
Not everyone would be good.
It can be very profitable.
If you are good.
I have several actual boutique stores near me that sell a lot of the same/similar merchandise.
The clothing is very popular.
I live in a Top Ten Market.
Not everyone lives in a big city.
Not everyone has access to big name retail stores.
Not everyone can drive 15 minutes to an Outlet mall and shop Saks Off 5th.
There is enough room for all sellers.
I have sold a minuscule amount of “retail.”
Yeah, I dabbled.
I did not like it.
I may do it again, only if I LOVE the merchandise.
Don’t hold your breathe.
I shop pre-owned for my own personal wardrobe.
I love consignment.
I love the thrill of the hunt.
I wear jeans almost every day.
Ok, every day.
I want quality over quantity.
Free People is made in China (I checked the tags).
Kate Spade is made in China (I checked the tags).
Quality can come from China.
Lots of “NWT Retail” is made in USA.
Just because there is a new retail “Boutique” feature- it doesn’t mean my sales will suffer.
It doesn’t mean YOUR sales will suffer.
Will it ultimate HURT those who sell “NWT Retail”?
They just got their own section.
Now, buyers can see how many “Boutiques” are on Poshmark and who sells the same stuff.
Some sell different stuff.
There are a lot of buyers who “hate” NWT Retail and would never purchase it anyway.
Just like there are tons of buyers who would NEVER shop pre-owned.
Buyers will start comparing prices.
NWT Retail pricing may become more competitive causing prices to be lower and less profitable.
I mean, there is a whole SECTION now.
People can think for themselves.
Everyone is different.
Final Thought on the Boutique feature:
I’m not packing up my Poshmark Closet yet…. I think it’s gonna work out just fine for everyone.