Cashing In Your Closet



Most of the time, if you have unwanted clothes in your closet, you have two options: you can either donate them to Goodwill, or you can try to sell them to consignment shops like Cillie’s or Plato’s Closet. The first option is great, but it doesn’t give you any extra cash in your wallet.

 With places like Plato’s Closet, most of the time you won’t be getting very much for what you bring in and lots of times they will reject perfectly good, trendy clothes because it’s stuff they already have.

I got tired of getting ripped off by consignment shops, so I started searching for a better alternative. That’s when I discovered Poshmark. I’m not sure exactly how I came across it, but I am so glad I did. It’s an app available on iPhone and iPad where you set up an account and can buy and sell your unwanted clothes and accessories.

It’s so quick and easy to set up your account. Once you’ve signed in, you’re ready to start. 

Your closet is where you list things you want to sell: designer clothes and handbags, shoes, jewelry, etc. It doesn’t have to be designer items though, which is great. You upload four pictures of the item you want to sell, write a description and give other details about sizing and brand.

What really drew me in to the app was that you get to set your price for whatever you want to sell. 

The only thing that could be a negative for some is that Poshmark takes 20 percent commission out of your sale. If I listed something for $10, I would only be making $8. It’s definitely something to keep in mind when pricing your items, but I don’t mind because Posh handles shipping. 

Once your item sells, they email you a shipping label and all you have to do is pack up your item and drop it in the mailbox. Your earnings are released three days after the item is delivered to your buyer, or when the buyer accepts it. 

Another thing I really love about Posh is that you can choose how you get paid. They will either send you a check, direct deposit into your bank or you can use your earnings to shop within the app.

I’ve never bought anything from Poshmark, so I can’t really speak to what its like to be a buyer. I use the app primarily to make money. 

I’ve never had an issue with a buyer not accepting my item, and I try to ship out as soon as possible. The way I see it is the faster I ship, the faster I’ll be able to get my money.

When I first started in June, I didn’t have very high expectations. I was hoping to maybe make $20 at most. I was so excited when I made my first sale. 

Now five months later, I’ve made over $300 and have over 1,800 followers to my closet. While $300 might not seem like very much in the scheme of things, it is way more than I could have ever expected. I’m so amazed by how positive my experience has been with this app, and I can’t wait to see what it brings me in the future. 

I highly recommend this to anyone with an overcrowded closet and an iPhone.