I am probably on the opposite side of the fence as most people. I exclusively own coach bags and love to study marketing. I have moved away from the markets now and choose to look for sales or just buy new. Poshmark sellers post NWT even though the product is damaged and they are posting for retail. I have never paid coach full retail and think poshmark is not my bag. Things don’t go up in value because there is a 20 percent seller fee and now one person even said that they have to increase the price to cover their profits that they have to pay tax on. It was meant to be a good place to sell your used items so you got something back. Now people want to make a profit after buying a bag at 50 to 60 percent off ratch it up to retail then add 20 percent. Sorry coach bags are not increasing in value. New with tag means nothing. They stick the tag in the bag and use it. I would rather pay full retail at the store than pay some posher to rip me off. Sorry i am sure there are sellers on here who disagree but other than vintage bags i will not buy current. If i wanted it that bad i would have bought it new from a store that i could return if it was flawed
Does anyone use Poshmark?
- Thread starter kenzibray
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Low ball offers is an interesting concept and is in each persons mind different: Post a coach bag for $500 that retailed for $200. The retail cost would be considered a “Low Ball” offer. I don’t entertain Poshmark much anymore. If questions are pesky tough. You should get a confirmation on your questions or MOVE ON. I used to really like poshmark. Now it is just a place where someone who doesn’t care about the bags has a network to pick up cheap and sell High. I don’t even buy display models unless i inspect. Just because it came from Coach.com does not mean it is not flawed. NWT laughable. I have returned too many bags that were from Coach because of flaws
People overprice on Posh because of the low ball offers. Not everyone overprices to a great extent and not everyone selling NWT is selling a damaged product. If they do, it can be returned. There are some bags that will sell for more than retail, even Coach, because they aren't available anymore and people really want them. If people don't want them and don't want to pay more than retail, they won't buy them. It isn't hurting any buyers for someone to list something for a pie in the sky price. No one is being forced to buy.
I don't have much experience on Posh. I've bought a few items and had pretty good experiences. I sold one item and found listing there very easy. Recently I was anxiously awaiting shipping on something I bought. Posh says you go to your purchase and there is a button to message the seller. I didn't have that option on the web so I tried loading the App. I had to take it off my phone because the constant "new follower" pop-ups were intrusive.
I would assume you could change the notifications settings so you don't constantly get those alerts. I have the app on my tablet, not my phone, and I don't get pop-ups.
maybe....it wasn't the noise, it was popups on the screen. I'd just as soon use the web so I deleted the app.
I‘ve had the app on both my phone and my tablet for years with no issues but I always set my notifications to None
I mostly agree with this. Not just postmark but all resale sites. It used to be the odds of a “new” or “excellent” condition bag being actually that were pretty good. But now it seems considerably less than 50/50. I only buy resale now if it is enough of a deal to make the risk worth it.
I used to buy only new bags. Now I buy the old bags I didn't get back in the day - hopefully in VG or excellent condition - for a fraction of the price.
I had two sales for two brand new with tags expensive jackets. I messaged the buyers the same day they purchased the items, shipped the items the same day. Geez, no response. Is that normal? One got the jacket yesterday, but still has not accepted the item. This is my first time selling on Posh. I just hope both buyers are honest and do not damage my items. When will I know if they try to return the items or get paid?
You'll know within 3 days. It isn't uncommon for buyers to not respond to messages and also to not rate or accept your item. Buyers without much history don't know how the system works and are less likely to respond.
If they don't do anything within 3 days, your money will be released. I wouldn't worry. I've only had a problem with one sale on PM, and even though they were allowed to return, I didn't lose any money on it.
Thank you so much for letting me know. That is great news. I think I'm nervous, since this is the first time I have ever sold on PM.
@Want Problem
My post is a general post re any of many resale sites. (In fact, those who know my posts know that I strongly dislike Poshmark and not only don't I shop or sell there but I recommend against doing business there because of the sad way the site is run and because many not-so-honest sellers take advantage of PM and the site's lack of enforcement of the law and their own policies.)
We live in a capitalist society and as such, sellers can choose to list their items at whatever price they want or hope to get and buyers can choose whether they want to do business with a seller. If you don't like a seller's price, you hit the "back" button and find a different seller.
If you prefer to pay full retail at a store, that's your prerogative but to state (in your words) that you don't want "some posher to rip me off," that's unfair and clearly the type of statement made by a person who has never sold and has no clue of the expenses involved nor do they understand supply and demand!
@Want Problem, have you looked at car prices lately, both new and used? Or real estate prices? Because of supply and demand, both cars and homes are selling for thousands (and often a hundred thousand) over list price, manufacturer suggested retail or sticker prices.
For my money, I'd prefer to wait for the item at a price I'm more willing to pay but because someone else is able to sell for way more, that doesn't make them a thief, a scammer nor are they ripping anyone off.
And as @whateve pointed out, if an item is not longer being made, you cannot go to the retailer and just buy it. And again, if it's a popular style/color/size/vintage, you're going to pay for the privilege of finding what you yearn for.
Your attitude is unfair but to give the benefit of the doubt, it's likely because you're unaware of costs, probably never having been a seller. Just as an example, buying a $100 item on any site will likely net the seller just over 50% after shipping costs, fees, seller's original cost, overhead and other expenses are deducted.
JMHO.
Thanks again for your great advice. One of my buyers just messaged me and said she loved the jacket. She also left me a "Five Star" review, saying I was a wonderful seller, great communication and the jacket was beautiful. I think I just need to let go and stop stressing. I have not heard anything from the second buyer. The second buyer is new to PM. If she doesn't like it I just hope there is no damage to my item.
How do you know if a buyer has opened a return. I had my first two sales. The first buyer loved the jacket and accepted the item. The second one has had the item for 2 days now and still has not accepted it. Will I get an email if she wants to return it?