Making sales on Poshmark is a great way to earn some extra money. But some people are unsure how to get paid once they make sales.
So how do you get paid on Poshmark? After you successfully sell something and the transaction is complete (delivery must be finalized), Poshmark will release your earnings to your Poshmark account. You can see available funds by tapping on your account tab in the bottom right of the app (@username), then scroll down to “My Balance.” You can choose to keep the funds on Poshmark to shop, or redeem via Instant Transfer ($2 fee), PayPal ($.35), Venmo ($.35), Direct Deposit (free) or a paper check mailed to you (free).
If you’re still wondering more about “how do I get paid on Poshmark,” this article explains exactly how the process works.
I’ll also give you some tips for making it as smooth as possible so you can get your money fast. After all, you need to have cash flow in order to keep buying new inventory!
Blog posts may contain affiliate links and create no additional costs for you.
What is Poshmark?
Poshmark is a popular online marketplace or resale website where people can buy and sell new or gently used clothing, accessories, beauty products, home decor, pet products and even electronics. The company was founded in 2011 and has since become one of the most popular ways to make money from the secondary market.
Selling on Poshmark is actually pretty easy, and it’s a very flexible business idea. The key is research and knowing the market. You’ll need to know the items and brands that sell best on Poshmark as well as how to price them.
Just about anyone can make money selling on Poshmark with the right strategy (Should you ever list items as “firm on price”?).
How Does Poshmark Work?
The way Poshmark works is that you create an account, upload pictures of the items you want to sell, and set your own prices. When customers buy items from you, Poshmark takes their fee out of your earnings when the item sells. They charge $2.95 for sales under $15 or 20 percent for anything over that.
The buyer typically pays for shipping, unless you offer free or discounted shipping (Does Poshmark ever pay for shipping?). After you ship the package and the buyer receives it, hopefully they will mark it as received so that you get your earnings. If they do not mark it as received, then after three days, the sale is considered complete, and Poshmark will release your earnings to you.
FYI: Poshmark sends emails to the customer throughout the sales process to encourage them to confirm receipt and share a rating. But you still receive your funds even if the customer does not leave a rating.
How Do You Make Money on Poshmark?
Pin It For Later ⤵️
The process is fairly easy to get started as a seller on Poshmark.
Do you want to get started on Poshmark? Sign up with code THRIFTYIQ and get $10 toward your first purchase!
Decide what you want to sell; clothing can be a simple kickstart. You can get started for free by selling things from your own closet or getting items from friends and family members.
Learn all the platform rules and guidelines, including their Terms of Service and what you cannot sell.
Sign up for a Poshmark account and download the Poshmark app so you have it on the go.
Choose a name for your closet (find out how to change your username), take photos of the items you want to sell, and create your listings.
Whenever a buyer purchases something, give great customer service and ship their package quickly. Before you ship, wait the 3 hours they have to cancel a sale.
Like any other business, reinvest in it. For example, you can use your profits to buy more inventory to sell.
Is It Worth It to Sell on Poshmark?
Pin It For Later ⤵️
The nice thing about Poshmark is the platform is easy to use. Listing items is very simple and there are not a lot of required details. Just the important ones. And you don’t need to be too tech-savvy to navigate it.
There are also some great benefits, like free listings. You don’t have to pay upfront to list products, which is great for new Poshmark sellers just learning what clothing or other items sell best.
Also, while some shoppers on Poshmark are laser-focused on deal hunting, most shoppers are more willing to make purchases. They also are generally willing to pay more for certain brands, (although some shoppers make a sport out of low-ball offers🤨). So, I definitely think that selling on Poshmark can be worth it.
As long as you price your products right, making money on Poshmark is easy. But like anything else, it can take time to learn the process and research to source popular products.
What You Need to Know to Be Successful as a Seller on Poshmark
The way to get paid on Poshmark is to start selling clothing, accessories, and other items to buyers. So here are some tips to help you make money on Poshmark and the steps for getting paid.
Learn the Market
One of the best tips I can give you for selling on this platform is to understand the market. You must pay attention to trends and prices. Regularly check comparable sales. See what other Poshmark sellers are selling similar items for; listing price means nothing until it sells.
Being successful on Poshmark relies on what you are selling and the prices you list items. If you price something higher or lower than everyone else, make sure there’s a good reason.
Know Your Brands and Inventory
Selling on Poshmark and making money requires you to understand the brands you sell, and you must know your inventory. If you know your products, then it’s easier to convince buyers to purchase.
Pin It For Later ⤵️
Sellers that know the ins and outs of the brands they sell are much more successful than those who don’t do the research and don’t share item specifics.
You also want to keep your inventory fresh by listing new items regularly.
Learn the Platform
TERMS: To sell on Poshmark, you need to know the platform. As mentioned, you want to make sure you know the rules, so you don’t violate them.
SHARING/FOLLOWERS: But another MAJOR element to Poshmark – unlike other selling platforms – is the social sharing aspect. Yes, to be successful on Poshmark you must grow your followers and share your listings regularly. Aim to share multiple times a day. It can help to share during Posh Parties, themed sharing events held at specific times. While this can be a turn-off for some, sharing and growing your followers are what exposes your listings to more potential buyers.
PRO-TIP: Posh Parties are Noon, 3p, 7p and 10p EST daily. Check the schedule (you may need to sign in to view this info) to find out guidelines for each theme.
BUY SOMETHING: Using the platform as a customer is a great way to understand the complete buying and shipping process through their eyes. You can use this info to make a great impression on your buyers by providing them a superior experience.
Also, connecting with other sellers on Poshmark, on social media or at live events is a great way to get to know the platform and get good tips.
How to Get Paid on Poshmark
Pin It For Later ⤵️
Here are the steps to get paid on Poshmark.
Make a Sale
Once you list an item, potential buyers will see “Offer” and “Buy Now” on the bottom right of your listings. With the “Buy Now” option, people can tap the button and purchase immediately. But with the “Make an Offer,” someone can send you an offer of a lower price, and then you can choose to accept, counter or decline it. Similarly, as the seller, you can see an “Offer/Price Drop” tab on the bottom right when you view the same listing.
Then you want to ensure that your listings are seen, so regularly share your closet within the app and with your social media followers to increase the traffic to your closet.
Ship the Order Quickly
Shipping (and professional, sometimes elaborate, packaging) is a huge part of customer service on the platform. Once you make a sale, Poshmark automatically emails you a shipping label that you need to print off and attach to your Priority Mail box or waterproof envelope (learn how to ship with Priority Mailers).
I’ll briefly go into shipping a little later. Make sure you follow the shipping guidelines, so products don’t get delayed. Poshmark uses USPS Priority Mail for shipping and charges customers a flat fee.
NOTE: If your item weighs more than 5 lbs, you will need to upgrade the label, which you can easily do in the app or online (find out how shipping on Poshmark works). The max weight for a single Poshmark package is 10 lbs.
Wait for the Buyer to Accept the Item or the 3-Day Waiting Period
This part can be annoying because customers are told that they need to “accept” the item once they have checked it over. But many buyers don’t do this. Poshmark gives buyers 3 days to review their order, after which they consider the sale final.
Then Poshmark releases your money to redeem it.
How Do You Get Your Money from Poshmark?
Once the 3 days have passed, you should be able to log in to redeem your money. There are now 5 ways you can redeem your Poshmark balance:
- Instant Transfer: Get funds in 30 minutes or less; $2 fee
- PayPal: $.35 fee
- Venmo: $.35 fee
- Direct deposit: 1-3 business days; no fee
- Mailed check: 2 weeks; no fee
Instant Transfer, PayPal and Venmo are the fastest ways to get your money. But there are additional fees. Direct Deposit can take 1-3 business days, but it is free. And it’s the method I use because I prefer to maximize my profits.
Here’s how to redeem your money using the app or web:
In the App
- Log into your Poshmark account.
- Navigate to the account tab (@username)
- Select My Balance.
- Choose Redeem.
- Select your preferred cash-out method; then confirm transfer.
- If you haven’t connected a bank account you may need to enter a verification that’s sent to you.
On the Web
- Login to Poshmark.
- Select your account tab/profile picture at the top-right.
- Choose My Sales or Order Activity.
- From the menu on the left side, select My Balance.
- Choose Redeem Your Balance Here.
- Select your preferred cash-out method.
FAQs
Do you need a PayPal account to Sell on Poshmark?
No. You can choose to use PayPal to redeem your balance when you make sales. But it’s optional. You can also use Venmo, Instant Transfer, Direct Deposit or request a check be mailed to you.
How Do I Link My Bank Account on Poshmark?
Please follow the directions under “How Do I Get My Money To My Bank Account”
Does Poshmark give you real money?
Yes, this isn’t one of those schemes where you get credits or gift cards for selling things. Poshmark is legit and pays you actual money for the items you sell.
How long does it take Poshmark to direct deposit?
It usually takes one to three business days for the money to get to your bank if there are no errors in your bank account information. It may take longer over holidays.
How do I ship items on Poshmark?
Shipping orders for Poshmark is pretty easy. You can get Priority Mail boxes for free online at USPS.com or from your local post office. You can also use plain or recycled boxes and padded envelopes.
Print the prepaid shipping label Poshmark emails you and attach it to the box or envelope. Buyers pay one flat fee for shipping depending on the weight of the package, which makes it easy for users and sellers.
Then schedule a pick-up or take it to the post office to mail it.
For more in-depth information on shipping, read my article on priority mailers for Poshmark and shipping.
Final Thoughts on How Do I Get Paid on Poshmark
Pin It For Later ⤵️
Now you know the answer to, “How do I get paid on Poshmark?” The steps are simple and easy to follow.
Selling on Poshmark is a great way to make extra money as a side hustle. You also may decide to become a full-time seller.
The key to making money and growing your business is to research and price your items right. Be sure to take high-quality photos of each item you sell, and remember to provide great customer service.