I'm wondering about the fees that Poshmark charges when I make a sale on their platform. I want to know how much they take out of my earnings.
6 answers
Giulia
Thu Oct 17 2024
This reduction in fees is intended to incentivize sellers and encourage them to list more items on the platform. It also addresses the long-standing criticism of the previous fee structure, which was deemed too high by many sellers.
Raffaele
Thu Oct 17 2024
Schwibner labels the new system as "mathematically confusing by design," emphasizing its intricacy. The introduction of a tiered structure aims to alleviate financial burdens on sellers, yet paradoxically leads to a more diverse range of fees.
Arianna
Thu Oct 17 2024
Prior to the recent change, Poshmark operated under a straightforward fee model where sellers contributed 20% of the sale price for each item they successfully sold. This model, while simple, was perceived as burdensome by many sellers.
DigitalCoinDreamer
Thu Oct 17 2024
However, while the base fee has been reduced, the new tiered structure introduces a degree of complexity. Different sellers may now face varying fees based on factors such as their sales volume or the value of the items they sell.
EthereumLegend
Thu Oct 17 2024
Recognizing the need for flexibility and cost-effectiveness, Poshmark has restructured its fee policy. The new system introduces a tiered approach, designed to cater to the diverse needs of its seller base.