Ten Steps To A Successful Closet Clear Out On Poshmark
Poshmark’s Closet Clear Out (CCO) events are the perfect opportunity to revitalize your closet and boost sales. During these events, Poshmark offers discounted shipping to buyers for items that have dropped in price by at least 10%. Here’s how you can leverage this feature to clear out your closet and attract buyers:
1. Set Up Price Drop Notifications
Ensure you and your potential buyers are set up to receive price drop notifications. This means utilizing the price drop calculator that is on Poshmark or doing mental math to drop the price 10 percent or more.
2. Use the Price Drop Tool
Poshmark’s Price Drop tool is your best friend during CCO. It helps you calculate and apply the suggested price drop easily. Just go to your listing, select ‘Offer / Price Drop’, and then ‘Edit Listing Price (Public)’.
Before CCO starts, relist items that haven’t been getting much attention.
4. Be Strategic with Timing
Time your price drops to coincide with high-traffic periods on Poshmark.
5. Communicate with Likers
Engage with users who have liked your items. Let them know about upcoming price drops and the benefits of CCO. Personalized communication may increase sales.
6. Follow the 10% Rule
Remember, the price must be dropped by at least 10% from its lowest historical price to qualify for CCO.
7. Re-list and Repeat
After dropping prices, consider re-listing items the next day to keep them appearing fresh.
8. Monitor and Adjust
Keep an eye on the performance of your price drops. If certain items aren’t moving, consider additional drops or other promotional strategies.
9. Stay Informed
Stay updated with Poshmark’s policies and features to make the most out of CCO. Knowledge is power when it comes to sales!
10. Have Fun
By following these tips, you can create a buzz around your Poshmark closet, clear out inventory, and potentially increase your earnings. Happy selling!
I hope this helps you make the most of your Closet Clear Out events on Poshmark! Remember, the key is to be proactive, strategic, and engaged with your buyers. Good luck!
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