Everyone wants to know how to be a SUCCESS on Poshmark.
You may have read articles about Poshmark sellers achieving success by making five… six… SEVEN FIGURES (!!!) from their closets. Some will read these news articles and take it as motivation and some will immediately assume personal defeat.
After hearing about these “super closets”, have you found yourself thinking about the pair of knee socks you just sold (and the $2.05 profit…) then calculated exactly how many pairs you will have to sell to make six figures?
What am I doing wrong???
Success on Poshmark doesn’t always mean that you are beating everyone else at the game. You have to define what “being successful” means to you, how you are going to measure your personal success, and FIRST figuring out what the hell are you even trying to achieve.
Every Poshmark Closet is NOT the same… quite honestly, you really can’t compare most of them. They are each individual businesses with their own unique niche.
Let me explain it this way…
Louis Vuitton isn’t competing with Walmart.
Burger King isn’t concerned with the Olive Garden.
Duane Reade isn’t modeling their business plan after Starbucks.
Each of the mentioned retailers is extremely successful in their own right… but it would be unfair to hold them to the standard of a completely different type of business.
Can you answer these questions?
WHO AM I?
Before you can even being to determine your success, your first order of business is figuring out WHO YOU ARE.
Let’s take my closet for instance…
I do not concern myself with Retail/Boutique closets. My life’s goal is not to eventually open up a brick and mortar store and sell clothing. I would not be happy as a boutique owner. I LOVE being at my computer and interacting online. I LOVE going out in the world and searching for different and unique (soft and cuddly) clothes to list in my closet. In the meantime, I am finding things for myself and because of this my “real” closet is always changing as I replace and list pieces! I do not want to sell multiples of the same item.
If I sat here and compared my closet to a retail boutique closet- I might get discouraged. Actually, I know I would.
Also, I am not what I would call a “garage sale closet”… you know, the one that lists every thing they can find- any style/brand- any condition and takes a quick picture and prices it for an immediate sell. YES, they sell in circles around me. But, I LOVE styling my pieces, I LOVE taking fun pictures, I don’t think I would have to patience to ship out 27 sales in a day, everyday. I get overwhelmed just thinking about it. (Keep your eyes on these types of closets, you can find some amazing deals.)
WHAT is my goal?
After you determine what you are doing, decide what your ultimate goal!
Are you paying off a student loan? Saving for a vacation? Using your money to re-vamp your real closet (selling to buy)?
Maybe you actually are just selling the 20 items you have that you don’t wear and then closing up shop.
- Curate a fun closet, with pieces that reflect my style and personality.
- Be active in the community and make a network of friends.
- Have fun blogging about it.
- Make side money while I pursue my main life goal.
that’s a story for another day…
HOW do I determine my success?
If you are making strides towards your goal then YOU ARE SUCCESSFUL.
My standard of success is doing better than the year before…
I keep records. My PFFs laugh at me when I bust out an obscure closet statistic. I have been selling on Poshmark for 2 years now and I have kept records of daily and monthly sales, also other factors that have impacted my sales. So I compare myself… TO MYSELF. I am getting smarter by learning what works for me and what doesn’t. I am discovering what sales tactics have the most impact.
My sole competition is ME.
Once you stop comparing your Starbucks closet to the Olive Gardens out there- you can focus on what’s really REAL… who you are and what you are trying to accomplish. There are a million (literally) closets selling on Poshmark and enough customers out there to go around.
Focus on what you are doing and on your customer base and you might just find that you already are a success!
Tell me about your goals and what makes YOU successful in the comments below!
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