Poshmark tried hiking fees in October but quickly backtracked after fierce backlash. Read on to learn what happened and why ...
Poshmark CEO Manish Chandra issued a public apology after a new policy was poorly received. Here’s why it actually hit the ...
Poshmark has apparently learned a lesson in consumer behavior: Customers don’t always take kindly to higher prices from added fees. The resale marketplace is abandoning new seller fees just a ...
Poshmark allows up to eight great photos per listing. Add a detailed and accurate description of the item, including its condition, brand, size, and any other relevant details. You can research the ...
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Finally, you get to set your price. Poshmark takes a flat fee commission of $3.95 for sales under $20. For items more than $20, they take a 20% commission. Once you have a buyer, Poshmark will notify ...
an extensive selection of merchandise on Poshmark,” Chandra added. “This approach allows the products to find a market clearance price, kind of like how a stock exchange works,” Chandra said.
Poshmark is not the first resale platform to face this kind of backlash. In March, Mercari began eliminating seller fees completely and charging buyers a service fee for “hassle-free returns.” ...
When you sell on Poshmark, you keep 80% of your sales as long as they're over $15. For anything under $15, you pay the app a fee of $2.95. On this app, buyers can offer lower prices than what you ...
To make up for the reduction in seller fees, Poshmark shoppers were hit with a 5.99-percent “Buyer Protection Fee” on top of the price, shipping and taxes on their orders. According to Chandra ...