September has come and gone, and all that remains is an empty Poshmark redeemable balance.  Not because I haven’t made a sale all September, but because I had already redeemed it!  I’m happy to report that I reached my goal of $500 redeemable on Poshmark for the month of September! In fact, I earned a total of $537.35! A few sales during the last couple of days pushed me over the threshold, making me one happy lady!

Setting a goal of earning $500 on Poshmark in one month was a risk, because during my first month I only managed to make a little under $200.  However, I love setting goals for myself, and I love trying to reach those goals even more. For those of you who don’t yet know, my long-term goal, like many others’, is to eventually leave my full-time job and replace it with reselling on various platforms.  My kids aren’t getting any younger, and I’d love to be home with them more.  Even just being able to put them on the school bus would mean so much to me as a mother. Before I’ll even consider leaving my full-time job, I need to be comfortably making about $3,000 a month (give or take). That’s still a long ways away, so until then, small goals!

So, how exactly did I manage to make $500 in my second month on Poshmark? Continue reading to find out!

Disclaimer: When I say that I made $537.35 in one month, that does not include how much I had actually spent on inventory.  It does, however, include all of the fees that have been taken out; this is the amount that Poshmark deposited into my bank account. During September, I spent about $50 on inventory. I’ll go into my business budget more in a later post.

Here are some things I did to earn $500 in one month on Poshmark:

1. I bought UGLY. Ugly sweaters, of course! People love them, and they sell quick!  I had decided to try my luck with a Christmas sweater I found at a local thrift shop.  It was half price day, so I paid only $1.50 for it.  I noticed that one of the buttons was loose, so it took me a while to get the courage to list it.  I did list it, however, and it sold the same day! I wound up making a profit of $14.50 on that particular sweater. I could have gotten more, but I was getting ready to move cross-country so I wanted to move items quickly.
   I purchased another sweater at a different thrift shop a week or so later; an 80’s style geometric type sweater made out of rabbit hair or something.  I noticed that it had a hole in it, so I dropped the price way low, and sold it rather quickly. I only made about $5.00 on that sweater, but again, I was about to move, so my items needed to move too!
   The moral of the story: don’t pass up on sweaters! Especially if you can find them in good condition, they will sell, and probably rather quickly!
2. I bought graphic tees. I don’t usually like graphic tees (for myself at least), so I never wound up buying any to resell.  However, at the thrift store recently I found a whole bunch of Disney tanks and tees.  It was half price day, so I decided to take a chance and pick them up. I’m glad I did, too, because they are a hit in my closet!  I also grabbed a few band tees that I found at the bins, cleaned them up, and sold them for profit!
3. I responded to questions quickly. So here’s a confession: I don’t put measurements into my listings. Well, at least not yet. I was really focusing on filling up my closet, so I omitted the measurements.  That being said, people sometimes ask me for the measurements of my items.  I make sure to respond to them promptly, and usually it ends in a sale!
4. I stopped buying certain brands.  In my shop, there are certain brands that don’t really fit well.  A branding just sort of happened in my shop, so now I try to stick with what sells for me. I stopped buying men’s and kids clothing, because they just don’t fit into my shop.
5. I started buying what my people are looking for. My people are in their upper 20’s to upper 40’s, so certain mall brands like Abercrombie and Fitch and Aeropostale don’t fit well.  They might do well for other people with a younger customer average, but for me and my closet, I’ve stopped purchasing those brands.
6. I got my family on board.  I made sure they knew that I will be putting time into my business, and that my reselling will take up some space in the house.  What started with a closet has turned into an entire room dedicated to my inventory, photography equipment, and desk. You don’t necessarily need that much space, but I just happened to have an extra small room in my home that worked perfectly for us and made the most sense.
7. I listed every single flaw.  It happens to the best of us; we buy an awesome haul of clothing, only to find out that 2 or 3 pieces have a hole or stain somewhere on it.  If you’re like me, you also purchase at stores that don’t accept returns.  I didn’t let that stop me!  I still listed the items, but made sure to include descriptions of all of the flaws, and guess what? They sell.  Sometimes people can remove stains themselves or fix small holes.  If someone really loves an item, a tiny stain on the inside of the collar won’t scare them away!
8. I started treating my business…like a business!  I branded myself, got a logo, changed the name of my shop, and applied it to my Instagram and other future selling platforms.  I also opened a checking account specifically for my business.  All of the money I earn from Poshmark goes directly into that account, and anything I purchase is paid for from that same account.  I also recently purchased a few items for a giveaway that I’ll be hosting on Instagram for reaching 1,000 followers, and that purchase came out of my business account.
9. I got creative, with photography and packaging.  If I have an item for a few weeks with no likes, I re-do my photos and try new layouts.  I also try to find cute ways to package my sales without spending a fortune. Currently, my go-to packaging is tissue paper and a cute sticker. Simple!
10. And finally, I accepted offers! A fellow reseller said something that really stuck to me.  She said as long as you are making a profit, don’t lose a sale over a couple dollars. This tip has really helped me to make a bunch of sales, and still make a profit!

I really hope that these tips can help you out! They sure helped me. Do you have a tip you’d like to share? Leave it in the comments below!