Does anyone use Poshmark?

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#5,041
whateve said:
About a month ago I sold something on ebay for which the buyer gave me feedback immediately after purchase. She complimented the fast shipping time, the great packaging and how it was just as described. I hadn't even shipped yet! It terrified me but I shipped it anyway. So far so good. But there is always the chance that she could do a chargeback in a month or two. That is what I hate about ebay. I guess technically someone could do a credit card chargeback for an item purchased on Poshmark months later. I have no idea how Poshmark would handle that. They have my bank account info for deposit. I wonder if they have ever tried to snatch anyone's money and if that would be legal.

When you have a return on Poshmark, if all goes well, you get your money back and Poshmark pays the shipping. On ebay, you lose your shipping costs both ways and will likely be forced to accept a return even when you know the buyer is lying.
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I hope all goes well with the sale. I’m sure it will, but it has to be in the back of your mind.

I can answer about chargebacks on poshmark. I sold an item a few years ago on poshmark and agreed to a buyer’s request to sell $500 of the price through poshmark so the buyer would get verification of authenticity and the rest through direct payment via PayPal. This goes against Poshmark policies, so I take full responsibility for everything that happened afterwards. The item was verified as authentic and shipped to the buyer, but the buyer contacted me and said the item was smaller than she expected (though as described). She filed a claim with Paypal and they denied her. Then she did a charge back through the credit card that she had used on PayPal and the money was removed from my PayPal account. Paypal said there was nothing they could do. This was over a month later and I had already withdrawn the money, so my PayPal account was put in negative and I had to add the money from my bank or any future payments processed through PayPal would be taken to cover the negative balance. It was my own fault for going outside of the rules, so I accept what happened. She also tried to file a chargeback with her credit card for the amount paid through Poshmark, but either it was not approved or Poshmark ate the loss, because that money remained in my account. So in the end I was only left with the $400 (my share of the $500) that went through poshmark, and the total price was just under $4k.
 
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#5,042
whateve said:
As a buyer the main reason I prefer to shop on ebay rather than Mercari or Poshmark is because I know I'll be able to return if something goes wrong. As a seller, I prefer Poshmark and Mercari because it is less likely I'm going to be stuck with a return. Of the two, I prefer Poshmark because I don't have to worry about figuring out shipping costs.

I agree that it would be better if all the fees were paid by the seller.
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so this change is better for sellers but worse for buyers, right? buyer now paying a commission and still paying same for shipping?
 
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#5,043
sdkitty said:
so this change is better for sellers but worse for buyers, right? buyer now paying a commission and still paying same for shipping?
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There are sometimes when the shipping is cheaper. Posh is going to roll out a new thing that will give some sellers cheaper shipping on their listings. They have already done it with some of my listings during the "Listing Streak" challenge. One week all my listings were $5.95 shipping and this week anything I want to buy is $4.99 shipping. Also they have a promotion in which any orders over $500 have free shipping.

It only looks worse for buyers because they can see the fees. In practice, sellers should be willing to accept a lower sales price because the net to them will be higher. For anything you want to buy, make an offer that discounts the fees you see. You'll still pay fees but the total price you pay will be lower. In any case, you should always consider the complete price you pay when you buy something, just like you would on any site or in any store.
 
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#5,044
I am seeing a lot of buyers publicly complaining and saying they will no longer be shopping on the app. To be honest I used to lurk for past season RTW no longer in stock but even I stopped shopping on Posh a while ago. The app seems to be overrun with bots and scammers selling fake RTW now. This new payment structure is just the cherry on top.
 
#5,045
chanellover333 said:
I am seeing a lot of buyers publicly complaining and saying they will no longer be shopping on the app. To be honest I used to lurk for past season RTW no longer in stock but even I stopped shopping on Posh a while ago. The app seems to be overrun with bots and scammers selling fake RTW now. This new payment structure is just the cherry on top.
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I don't get it.....maybe if you're buying very high priced items. but for example if you're buying something for $100, it would cost an extra $6...deal breaker?
 
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#5,048
sdkitty said:
I'm guilty of making lower offers but I figure the seller can always counter. sometimes they surprise me and just accept.
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I think it is one thing to make an offer, but another to have a full out bidding war over a couple of bucks like many buyers do!

Btw I am checking the Reddit again, it appears a bunch of accounts are formally 'protesting' the new change!
 
#5,049
sdkitty said:
I don't get it.....maybe if you're buying very high priced items. but for example if you're buying something for $100, it would cost an extra $6...deal breaker?
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RTW prices have skyrocketed for Chanel (guessing from OP’s username this is one brand she looks for). The most wanted jackets from years past will sell preowned from $5k+++ on up (with deals to be had on less iconic designs, maybe $800 for very old, quite used condition and not very special design at the very low end) and new prices in the store are typically $8-12k. So the fees could make a difference depending on the brand.
 
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#5,051
I just had my first experience making an offer on a small item on Posh. I'd forgotten about the new buyer's fees. they're calling it buyer protection or something like that. I lowered my offer. I don't blame the seller if she doesn't accept but that extra fee changed things for me.
 
#5,052
sdkitty said:
I just had my first experience making an offer on a small item on Posh. I'd forgotten about the new buyer's fees. they're calling it buyer protection or something like that. I lowered my offer. I don't blame the seller if she doesn't accept but that extra fee changed things for me.
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On cheaper items, the seller actually ends up paying more fees; Posh makes a bigger percentage than before.
 
#5,053
I was going to come on here last night to complain about the low offers I've been getting. Then today I get a message that Poshmark is reverting back to the original fees. At least they are willing to admit their mistake. They realized that buyers were making lower offers and sellers were ending up with even less money than before.
 
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#5,054
whateve said:
I was going to come on here last night to complain about the low offers I've been getting. Then today I get a message that Poshmark is reverting back to the original fees. At least they are willing to admit their mistake. They realized that buyers were making lower offers and sellers were ending up with even less money than before.
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wow...I'm active on Posh (just bought something) and don't get these messages...thanks for posting.
the item I just bought, I made a low offer on and she accepted. doesn't hurt to try. some sellers just want to move their items.
 
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