I made $275,000 in six years with the side hustle of reselling on top of a full time job – I make up to $20,000 more per month

SELL on Poshmark can be profitable.

Just ask Dallas native Ashley Peek, who made $275,000 in six years with her stampede.

Poshmark saleswoman Ashley Peek, 27, says she's made hundreds of thousands in six years

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Poshmark saleswoman Ashley Peek, 27, says she’s made hundreds of thousands in six years1 credit
Ashely sources some of her clothes from thrift stores or online

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Ashely sources some of her clothes from thrift stores or online1 credit

The 27-year-old Texas resident first started selling on popular resale site Poshmark to save up for big purchases.

She quickly realized two things: she could make a lot of money and she actually had a passion for selling.

“I’ve always sold my clothes at garage sales or local garage sales online since I was in college,” Ashley told The Sun.

“So when I got to college I needed a new way to sell my clothes and with a simple Google search I found Poshmark,” she added.

My side business can earn you up to $10,000 a month from your phone
I'm a college student - making $3,000 per month on my side with no experience

The savvy saleswoman said that in just one month, she made $20,000 in sales on Poshmark.

In any given month, she sells about 30-40 items per week or 110-150 per month.

However, Ashley has a nine-to-five job.

She’s an account executive for a start-up in the healthcare benefits industry, which takes up most of her day.

Although she still finds about 25 hours a week to engage in her side business Poshmark.

His process

Material sourcing is an important part of the Poshmark process.

Ashley started by selling her own clothes.

But after realizing she could make more money returning items from thrift stores, she quickly pivoted.

“I realized that in order to sell the items I wanted and make the profit I wanted, I had to look for items myself instead of hoping to find them at a thrift store,” she said.

She now buys her products from consignment stores, resale stores and some online as well.

The scammer sticks to selling clothes as it is her passion and she has found it to be the biggest source of income for her.

“I love selling dresses, jackets and coats from designer brands like Alexis, Ulla Johnson, Veronica Beard and Rag & Bone,” Ashley said.

Ashley typically has 150 orders per month

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Ashley typically has 150 orders per month

She typically spends between $30 and $100 per item, but went up to $2,000 for a Hermes bag because she was able to turn around and sell it for $4,999.

Poshmark offers a flat rate of $7.67 for expedited shipping on all orders.

Also, since shipping costs are paid for by the buyer, a large portion of Ashley’s income is strictly profit.

Her advice for someone who wants to make more money: assess the salability of the items you put in your closet.

“Make sure the items you sell reach a wider audience by being brands that more people search for and know about,” she said.

She added, “Also make sure these are styles people want by seeing their saturation and rotation. All of this market research can be done on Poshmark.

What is Poshmark?

Poshmark is a digital commerce marketplace with an added social aspect, as buyers and sellers can interact with each other.

The site allows consumers to buy and sell new and used fashion, home goods, electronics, and more.

Poshmark has over 80 million users and over 200 million listings available for customers to choose from.

How to start selling

Once you set up your account on the commerce site, the fun begins.

To get started, check your closet, your local thrift store, or even ask friends and family to donate any items you no longer want.

It is beneficial to get as many items as possible at no cost or for very little, because when you sell them, your profit will be greater.

Once you have your items, take pictures of each to upload.

Just note that it is important that the images are of high quality and show the item in the most desirable way possible.

Even though buyers buy second-hand products, the items they buy are still expected to be of good quality.

Next, you need to create a description of the product you are selling, and the more illustrative the better.

Next, you need to set your price.

Sellers can set the price at any amount they choose, however, Ashley said it’s a good idea to check for comparable sold products, also known as comps.

This is where you find similar products on the site and check how much they sold for.

Ashley likes to set the price slightly higher than the comps just to make room for any offers or discounts for likers.

Once you’ve attracted a buyer and sold the item, it’s important to make sure before packing that nothing is damaged.

Then you print the shipping label and drop it in the mail.

Buyers will then have three days to mark the item as received, or it will be marked received automatically.

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