How to Dropship on Poshmark with Software
Published on: December 1 2022 by Bryan Guerra
How to Dropship on Poshmark with Software
Table of Contents
How to Dropship on Poshmark with Software
startTime | durationTime | text |
00:00:00 | 00:00:04 | so in this video i'm going to show you |
00:00:02 | 00:00:07 | how you can drop ship on poshmark |
00:00:04 | 00:00:09 | and make extra money either facilitating |
00:00:07 | 00:00:11 | the sale or doing something i call |
00:00:09 | 00:00:13 | dropship arbitrage now poshmark is a |
00:00:11 | 00:00:14 | great e-commerce platform |
00:00:13 | 00:00:16 | there's a lot of people looking for |
00:00:14 | 00:00:18 | clothing home |
00:00:16 | 00:00:20 | goods you know kids stuff on there a lot |
00:00:18 | 00:00:20 | of different things even pet supplies |
00:00:20 | 00:00:22 | now |
00:00:20 | 00:00:24 | they recently introduced that as a |
00:00:22 | 00:00:26 | category they plan to expand into like |
00:00:24 | 00:00:28 | other categories coming soon as well as |
00:00:26 | 00:00:29 | other countries i believe currently |
00:00:28 | 00:00:31 | they're just in the us |
00:00:29 | 00:00:33 | and in canada but they plan to expand |
00:00:31 | 00:00:35 | into mexico and i believe in europe |
00:00:33 | 00:00:36 | in the coming years as well but it's a |
00:00:35 | 00:00:38 | great e-commerce platform where you can |
00:00:36 | 00:00:40 | sell stuff obviously there's people on |
00:00:38 | 00:00:40 | there looking and so it's a great |
00:00:40 | 00:00:43 | opportunity |
00:00:40 | 00:00:44 | to drop ship right the issue with |
00:00:43 | 00:00:46 | poshmark |
00:00:44 | 00:00:47 | specifically is the same as one of the |
00:00:46 | 00:00:48 | ones that i've toked about before which |
00:00:47 | 00:00:50 | is offer up right |
00:00:48 | 00:00:51 | so with poshmark you need to use the |
00:00:50 | 00:00:54 | poshmark label |
00:00:51 | 00:00:55 | to ship to customers okay and that |
00:00:54 | 00:00:57 | presents a challenge because |
00:00:55 | 00:01:00 | you can't always just facilitate the |
00:00:57 | 00:01:02 | sale from a supplier to the customer |
00:01:00 | 00:01:04 | using a different label because you need |
00:01:02 | 00:01:06 | to use the poshmark label okay |
00:01:04 | 00:01:07 | so in this video right here i'm going to |
00:01:06 | 00:01:08 | show you how to actually dropship from |
00:01:07 | 00:01:10 | poshmark |
00:01:08 | 00:01:12 | effectively so you can fly under the |
00:01:10 | 00:01:13 | radar and make great |
00:01:12 | 00:01:15 | profit i'm going to show you two ways |
00:01:13 | 00:01:17 | that i've been able to do it and i'll |
00:01:15 | 00:01:19 | show you exactly how you can do it |
00:01:17 | 00:01:20 | too so let's hop over to my computer and |
00:01:19 | 00:01:21 | i'll show you how it's done now one of |
00:01:20 | 00:01:23 | the things that |
00:01:21 | 00:01:25 | z drops introduced recently is a lot of |
00:01:23 | 00:01:27 | these copy to poshmark buttons so |
00:01:25 | 00:01:30 | there's going to be two main ways |
00:01:27 | 00:01:32 | that you can list onto poshmark and drop |
00:01:30 | 00:01:33 | ship right you can either use the |
00:01:32 | 00:01:34 | integrations that z |
00:01:33 | 00:01:36 | drop has which they've i've seen it on |
00:01:34 | 00:01:38 | amazon and i've seen it on walmart we're |
00:01:36 | 00:01:39 | going to go through and use this walmart |
00:01:38 | 00:01:41 | as an example right here right |
00:01:39 | 00:01:42 | and typically like one of the best |
00:01:41 | 00:01:43 | things to do when you're drop shipping |
00:01:42 | 00:01:45 | on amazon |
00:01:43 | 00:01:47 | or sorry drop shipping on a poshmark is |
00:01:45 | 00:01:48 | like if you go to like the best sellers |
00:01:47 | 00:01:50 | this is something that i did |
00:01:48 | 00:01:51 | but i wouldn't you can start here i |
00:01:50 | 00:01:53 | wouldn't end here |
00:01:51 | 00:01:55 | if you go to bestsellers or like |
00:01:53 | 00:01:57 | clothing or home things |
00:01:55 | 00:01:58 | on uh you know walmart or amazon or any |
00:01:57 | 00:02:00 | websites right |
00:01:58 | 00:02:02 | you drop ship those onto poshmark |
00:02:00 | 00:02:04 | because clothing shoes and jewelry are |
00:02:02 | 00:02:05 | really what sell well on poshmark right |
00:02:04 | 00:02:07 | so one of the things that i used to do |
00:02:05 | 00:02:08 | is i'd go to the best sellers on amazon |
00:02:07 | 00:02:10 | and i would just list like |
00:02:08 | 00:02:12 | all the best sellers and clothing on |
00:02:10 | 00:02:13 | amazon so for example you wanted to list |
00:02:12 | 00:02:15 | this on poshmark |
00:02:13 | 00:02:17 | you just go to the listing it's clearly |
00:02:15 | 00:02:20 | proven and sold a lot right |
00:02:17 | 00:02:22 | you can also list this on on mercari on |
00:02:20 | 00:02:23 | offer up on facebook marketplace |
00:02:22 | 00:02:25 | on a number of other sites but one of |
00:02:23 | 00:02:26 | the cool things about what z |
00:02:25 | 00:02:28 | drop has started to integrate is they've |
00:02:26 | 00:02:30 | also integrated that same button to drop |
00:02:28 | 00:02:32 | ship on poshmark you'll see copy to |
00:02:30 | 00:02:33 | facebook copy to etsy which obviously |
00:02:32 | 00:02:35 | you can't because it's not a handmade or |
00:02:33 | 00:02:36 | a vintage good |
00:02:35 | 00:02:38 | um you can copy it to mercari and now |
00:02:36 | 00:02:39 | you can also copy it to poshmark they |
00:02:38 | 00:02:40 | just introduced this so |
00:02:39 | 00:02:42 | same thing as facebook marketplace you |
00:02:40 | 00:02:44 | just click the copy to poshmark button |
00:02:42 | 00:02:45 | you can also obviously i'm not signed in |
00:02:44 | 00:02:46 | so let me sign in really fast and then |
00:02:45 | 00:02:48 | we'll resume |
00:02:46 | 00:02:49 | so now that i'm signed in let's redo |
00:02:48 | 00:02:50 | that we're going to hit the copy to |
00:02:49 | 00:02:51 | poshmark button and it's going to copy |
00:02:50 | 00:02:53 | to poshmark now |
00:02:51 | 00:02:55 | you can also if you wanted to do it like |
00:02:53 | 00:02:56 | this like you can also just hit copy to |
00:02:55 | 00:02:57 | mercari |
00:02:56 | 00:02:59 | and then copy to facebook and it's just |
00:02:57 | 00:03:01 | going to start copying all of those and |
00:02:59 | 00:03:03 | then you just have to paste the stuff |
00:03:01 | 00:03:04 | in okay so i'm going to let this load |
00:03:03 | 00:03:06 | really slowly really fast i don't know |
00:03:04 | 00:03:07 | why i said slowly and you just |
00:03:06 | 00:03:09 | same thing with with the one on poshmark |
00:03:07 | 00:03:11 | as it is on mercari as it |
00:03:09 | 00:03:13 | as it is on facebook right you just |
00:03:11 | 00:03:16 | paste it by z drop let it do its job |
00:03:13 | 00:03:18 | paste the data paste by z drop and let |
00:03:16 | 00:03:19 | these do their job and because this is a |
00:03:18 | 00:03:20 | bestseller what you can also do |
00:03:19 | 00:03:23 | obviously clearly |
00:03:20 | 00:03:25 | is grab like a picture from the rating |
00:03:23 | 00:03:27 | right here and then use it on mercari so |
00:03:25 | 00:03:27 | that all your pictures on mercari are in |
00:03:27 | 00:03:29 | stok |
00:03:27 | 00:03:31 | as we've covered before you can't have |
00:03:29 | 00:03:33 | all stok photos on your makari listing |
00:03:31 | 00:03:34 | so one of the best things to do |
00:03:33 | 00:03:36 | is list on recaro with things with |
00:03:34 | 00:03:38 | reviews and use the review pictures okay |
00:03:36 | 00:03:40 | you can also just simply order it to |
00:03:38 | 00:03:41 | your house first or you can order a |
00:03:40 | 00:03:42 | bunch of things to your house first and |
00:03:41 | 00:03:43 | then take the picture of the actual |
00:03:42 | 00:03:45 | package |
00:03:43 | 00:03:47 | and then return them all if you're doing |
00:03:45 | 00:03:49 | amazon if you're doing walmart obviously |
00:03:47 | 00:03:51 | they make it super easy to return things |
00:03:49 | 00:03:53 | and it doesn't cost you anything to do |
00:03:51 | 00:03:53 | so okay so we're listing this obviously |
00:03:53 | 00:03:55 | on |
00:03:53 | 00:03:57 | poshmark as the example right here so |
00:03:55 | 00:03:58 | we're gonna hit apply and all these |
00:03:57 | 00:04:00 | listings are just gonna pop up the |
00:03:58 | 00:04:02 | listing is pretty much full there |
00:04:00 | 00:04:04 | and we want to make sure that the right |
00:04:02 | 00:04:05 | pictures are in the front here |
00:04:04 | 00:04:07 | so we're going to make it look like that |
00:04:05 | 00:04:08 | now you already know how to list on on |
00:04:07 | 00:04:10 | facebook so i'm not going to list there |
00:04:08 | 00:04:11 | you already know obviously how to list |
00:04:10 | 00:04:12 | on mercari i'm not going to list there |
00:04:11 | 00:04:13 | either |
00:04:12 | 00:04:14 | but i just kind of want to show you how |
00:04:13 | 00:04:15 | to list this on poshmark so i'm going to |
00:04:14 | 00:04:18 | make again |
00:04:15 | 00:04:20 | title same thing right like women's |
00:04:18 | 00:04:21 | button down v-neck and one of the things |
00:04:20 | 00:04:23 | right now on poshmark i know i know |
00:04:21 | 00:04:25 | they're working on it a lot like mercar |
00:04:23 | 00:04:26 | used to be super uh low like amount of |
00:04:25 | 00:04:28 | title like super |
00:04:26 | 00:04:30 | low characters in the amount of title i |
00:04:28 | 00:04:31 | think it was 40. it was even lower than |
00:04:30 | 00:04:33 | poshmark but they just recently |
00:04:31 | 00:04:35 | increased this to 80. i know poshmark's |
00:04:33 | 00:04:36 | working on increasing this i also know |
00:04:35 | 00:04:38 | they're working on increasing the |
00:04:36 | 00:04:39 | description size but i don't know when |
00:04:38 | 00:04:40 | they're exactly rolling that out so by |
00:04:39 | 00:04:41 | the time you're watching this and |
00:04:40 | 00:04:44 | actually trying it |
00:04:41 | 00:04:45 | it very well could be right now you are |
00:04:44 | 00:04:46 | limited to the amount of space in your |
00:04:45 | 00:04:48 | description |
00:04:46 | 00:04:49 | and your title on poshmark okay so you |
00:04:48 | 00:04:50 | want to be like women's button-down |
00:04:49 | 00:04:53 | v-neck |
00:04:50 | 00:04:53 | tank top |
00:04:54 | 00:04:58 | casual shirt will probably work |
00:04:58 | 00:05:02 | casual shirt bam and there we go that's |
00:05:00 | 00:05:03 | perfect okay i'm just going to leave |
00:05:02 | 00:05:05 | this like this |
00:05:03 | 00:05:08 | and we're going to make this like |
00:05:05 | 00:05:10 | women's blouse a woman's top probably |
00:05:08 | 00:05:12 | and you the more you do it on poshmark |
00:05:10 | 00:05:13 | just like on facebook marketplace just |
00:05:12 | 00:05:15 | like on any site the more you're going |
00:05:13 | 00:05:16 | to understand the categories and you're |
00:05:15 | 00:05:17 | going to be able to categorize it very |
00:05:16 | 00:05:18 | very quickly |
00:05:17 | 00:05:20 | and i'm also going to make sure that we |
00:05:18 | 00:05:21 | have all the sizes in here so what are |
00:05:20 | 00:05:23 | the sizes |
00:05:21 | 00:05:24 | one thing i do on poshmark because |
00:05:23 | 00:05:26 | you're allowed to list variations is you |
00:05:24 | 00:05:27 | want to make sure that all the sizes are |
00:05:26 | 00:05:28 | the same price so i just kind of go |
00:05:27 | 00:05:29 | through see this one dropped |
00:05:28 | 00:05:32 | and you want to make sure that you |
00:05:29 | 00:05:34 | listed at the highest price uh estimate |
00:05:32 | 00:05:36 | so that you're sure that your if you |
00:05:34 | 00:05:37 | list it god forbid at like 13 bucks or a |
00:05:36 | 00:05:39 | little bit higher |
00:05:37 | 00:05:40 | but then you go to the small i hate all |
00:05:39 | 00:05:41 | these pop-ups i have so many cashback |
00:05:40 | 00:05:43 | things that they just pop |
00:05:41 | 00:05:45 | up now and we go make sure that all |
00:05:43 | 00:05:47 | these are the same price |
00:05:45 | 00:05:48 | so it looks like it sells at 12.99 for |
00:05:47 | 00:05:49 | most of these it's got like the small |
00:05:48 | 00:05:52 | medium large xl |
00:05:49 | 00:05:54 | double xl but the small is 17.99 so you |
00:05:52 | 00:05:55 | want to price according to the small not |
00:05:54 | 00:05:57 | the other sizes right |
00:05:55 | 00:05:59 | so what we're going to do is we're going |
00:05:57 | 00:06:02 | to list multi items we're going to list |
00:05:59 | 00:06:05 | the small medium large excel |
00:06:02 | 00:06:06 | and we'll do i won't worry about the i |
00:06:05 | 00:06:08 | will go double xl |
00:06:06 | 00:06:10 | too and so we'll go like four quantity |
00:06:08 | 00:06:11 | four quantity four doesn't really matter |
00:06:10 | 00:06:13 | again what your quantity is here i |
00:06:11 | 00:06:14 | wouldn't go too overboard but i also |
00:06:13 | 00:06:15 | wouldn't go like one or two because then |
00:06:14 | 00:06:16 | you're gonna |
00:06:15 | 00:06:18 | go out of stok and you don't have to |
00:06:16 | 00:06:19 | worry about that you can list more if |
00:06:18 | 00:06:21 | you want although i wouldn't go too high |
00:06:19 | 00:06:22 | because you can always change those |
00:06:21 | 00:06:24 | it's very very easy okay i leave the |
00:06:22 | 00:06:26 | brand especially when i'm drop shipping |
00:06:24 | 00:06:27 | from like amazon or walmart i'll leave |
00:06:26 | 00:06:28 | the brand undone |
00:06:27 | 00:06:30 | um it's gonna be white we're gonna |
00:06:28 | 00:06:32 | categorize it as that you can also this |
00:06:30 | 00:06:33 | is new on poshmark you can categorize it |
00:06:32 | 00:06:34 | as like title so we're gonna put like |
00:06:33 | 00:06:36 | blouse |
00:06:34 | 00:06:38 | top i don't know i said tops top and |
00:06:36 | 00:06:40 | like sure |
00:06:38 | 00:06:41 | i always one of the things i i think |
00:06:40 | 00:06:41 | looks better on poshmark is like when |
00:06:41 | 00:06:44 | you put |
00:06:41 | 00:06:46 | zero in the original price so it because |
00:06:44 | 00:06:47 | you'll notike like on a listing if you |
00:06:46 | 00:06:49 | put the original price it's going to go |
00:06:47 | 00:06:50 | like original price and cross the |
00:06:49 | 00:06:51 | original price out |
00:06:50 | 00:06:52 | and then show your listing price i don't |
00:06:51 | 00:06:54 | like the way that that looks i think it |
00:06:52 | 00:06:55 | looks more professional like this so |
00:06:54 | 00:06:57 | that's the way i do it |
00:06:55 | 00:06:59 | you don't have to but again this is |
00:06:57 | 00:07:00 | going to be a prime i bought so it's |
00:06:59 | 00:07:02 | free delivery it's not prime but still |
00:07:00 | 00:07:04 | free delivery taxes we're going to |
00:07:02 | 00:07:05 | estimate are like a little bit under two |
00:07:04 | 00:07:06 | bucks because like i said before you |
00:07:05 | 00:07:08 | always take 10 |
00:07:06 | 00:07:10 | of it that because the highest potent |
00:07:08 | 00:07:11 | potential sales tax is nine percent i |
00:07:10 | 00:07:13 | believe in california |
00:07:11 | 00:07:15 | uh so i always estimate 10 because it's |
00:07:13 | 00:07:16 | easy to do that math so this is gonna be |
00:07:15 | 00:07:17 | like a dollar |
00:07:16 | 00:07:19 | seventy or dollar eighty depending on |
00:07:17 | 00:07:20 | it's 18 bucks so it's gonna be a dollar |
00:07:19 | 00:07:21 | eighty |
00:07:20 | 00:07:23 | um sales tax so i'm just going to |
00:07:21 | 00:07:24 | estimate that it's two more dollars so |
00:07:23 | 00:07:26 | 18 to 20. |
00:07:24 | 00:07:28 | it's going to cost us 20 with shipping |
00:07:26 | 00:07:29 | and with tax to get this to our customer |
00:07:28 | 00:07:31 | okay |
00:07:29 | 00:07:32 | and so i'm going to mark this up because |
00:07:31 | 00:07:34 | you also one of the good things about |
00:07:32 | 00:07:35 | poshmark and mercari as well |
00:07:34 | 00:07:37 | is it's going to show you the fee |
00:07:35 | 00:07:39 | structure so if you mark it up to 25 |
00:07:37 | 00:07:40 | well your earnings are only going to be |
00:07:39 | 00:07:41 | 20 you're not going to make any money |
00:07:40 | 00:07:43 | right i also never |
00:07:41 | 00:07:44 | put any discount on shipping originally |
00:07:43 | 00:07:46 | that's just the way that i approach it |
00:07:44 | 00:07:48 | um so you want a list is higher 29 is |
00:07:46 | 00:07:49 | still going to be a pretty low profit |
00:07:48 | 00:07:50 | margin but you could |
00:07:49 | 00:07:52 | what i like to do is i'll list these |
00:07:50 | 00:07:53 | relatively high and then i'll make |
00:07:52 | 00:07:55 | offers to likers |
00:07:53 | 00:07:57 | because you can simulate urgency and |
00:07:55 | 00:07:58 | accumulate a lot more interest on a |
00:07:57 | 00:08:00 | listing |
00:07:58 | 00:08:01 | this way so i list it higher if you make |
00:08:00 | 00:08:02 | a sale great and then you can also make |
00:08:01 | 00:08:04 | offers to likers |
00:08:02 | 00:08:06 | in the future okay so if we make this |
00:08:04 | 00:08:07 | sale at 39 which somebody could |
00:08:06 | 00:08:09 | potentially come in and buy this at |
00:08:07 | 00:08:10 | 31.39 |
00:08:09 | 00:08:13 | super easily and we're going to make |
00:08:10 | 00:08:13 | 31.20 on that sale and then we just go |
00:08:13 | 00:08:15 | ahead |
00:08:13 | 00:08:17 | and list it okay and that's how you drop |
00:08:15 | 00:08:19 | ship onto poshmark the first way you |
00:08:17 | 00:08:21 | simply just use the z |
00:08:19 | 00:08:22 | drop function uh on either amazon or |
00:08:21 | 00:08:23 | walmart i'm sure they're rolling it out |
00:08:22 | 00:08:25 | to other suppliers but |
00:08:23 | 00:08:26 | currently right now i've only seen it on |
00:08:25 | 00:08:28 | amazon and walmart but by the time |
00:08:26 | 00:08:28 | you're watching this it very well could |
00:08:28 | 00:08:31 | be |
00:08:28 | 00:08:32 | on others okay so that's the first way |
00:08:31 | 00:08:33 | the second way is if you already have a |
00:08:32 | 00:08:36 | listing |
00:08:33 | 00:08:36 | and on like facebook or on mercari or |
00:08:36 | 00:08:38 | whatever |
00:08:36 | 00:08:40 | and you use a multi-channel listing |
00:08:38 | 00:08:41 | software like list perfectly |
00:08:40 | 00:08:43 | i'm not signed into list perfectly right |
00:08:41 | 00:08:45 | now uh you'll see that |
00:08:43 | 00:08:47 | all these different it cross boost to |
00:08:45 | 00:08:49 | all these different places as well as |
00:08:47 | 00:08:50 | from these places to other places right |
00:08:49 | 00:08:51 | so if you have a listing already on |
00:08:50 | 00:08:53 | |
00:08:51 | 00:08:54 | you can then just use list perfectly to |
00:08:53 | 00:08:57 | cross post it |
00:08:54 | 00:08:58 | to poshmark for example right so if we |
00:08:57 | 00:09:00 | go into my poshmark listing |
00:08:58 | 00:09:01 | and we scroll down really fast like |
00:09:00 | 00:09:03 | let's say hypothetikally say i wanted to |
00:09:01 | 00:09:05 | cross post this |
00:09:03 | 00:09:06 | to facebook right well then i would just |
00:09:05 | 00:09:07 | click this little list perfectly button |
00:09:06 | 00:09:09 | and all these little things were going |
00:09:07 | 00:09:11 | to pop up and you just go facebook |
00:09:09 | 00:09:13 | copy or if you wanted to also post it to |
00:09:11 | 00:09:14 | mercari or any of these other places |
00:09:13 | 00:09:16 | that we'll cover |
00:09:14 | 00:09:17 | uh later on so we're just going to do |
00:09:16 | 00:09:19 | |
00:09:17 | 00:09:21 | for right now and paste it into facebook |
00:09:19 | 00:09:22 | and then bam just like the z |
00:09:21 | 00:09:24 | drop kind of works it's just going to |
00:09:22 | 00:09:26 | paste it over into |
00:09:24 | 00:09:27 | a facebook listing for you okay that's |
00:09:26 | 00:09:29 | what list perfectly does it's a |
00:09:27 | 00:09:30 | phenomenal software |
00:09:29 | 00:09:32 | just like z drop and the same thing goes |
00:09:30 | 00:09:33 | back with facebook so like if you're on |
00:09:32 | 00:09:34 | your facebook listings or the same thing |
00:09:33 | 00:09:36 | goes with mercari if you're on your |
00:09:34 | 00:09:37 | makari listings or any of the |
00:09:36 | 00:09:38 | integrations that work with lists |
00:09:37 | 00:09:39 | perfectly |
00:09:38 | 00:09:41 | you'll see that little what's perfectly |
00:09:39 | 00:09:42 | sign you click it the button will pop up |
00:09:41 | 00:09:43 | again |
00:09:42 | 00:09:45 | just like this and you'll be able to |
00:09:43 | 00:09:46 | cross-post it anywhere uh just like that |
00:09:45 | 00:09:47 | okay |
00:09:46 | 00:09:49 | that's the second way that you can |
00:09:47 | 00:09:50 | basically post the poshmark okay |
00:09:49 | 00:09:52 | now some issues with poshmark that you |
00:09:50 | 00:09:54 | need to understand the main thing is |
00:09:52 | 00:09:56 | that you need to use the poshmark label |
00:09:54 | 00:09:57 | to ship it to the customer okay |
00:09:56 | 00:09:59 | so there's two main ways that you can do |
00:09:57 | 00:10:01 | this i've tried them both they both work |
00:09:59 | 00:10:03 | well okay you can do drop ship arbitrage |
00:10:01 | 00:10:05 | or you can drop ship like normal with a |
00:10:03 | 00:10:07 | thank you note because you need to ship |
00:10:05 | 00:10:08 | the poshmark label to the customer |
00:10:07 | 00:10:10 | they actually need to track the label |
00:10:08 | 00:10:11 | from you to the actual customer to in |
00:10:10 | 00:10:13 | order to pay you out |
00:10:11 | 00:10:15 | for you to actually get credit for the |
00:10:13 | 00:10:17 | sale you can do one of two things |
00:10:15 | 00:10:19 | drop ship arbitrage is basically uh drop |
00:10:17 | 00:10:21 | shipping but with a |
00:10:19 | 00:10:23 | middle step of you first then then |
00:10:21 | 00:10:24 | shipping it out right so in this case |
00:10:23 | 00:10:26 | you'd list everything to poshmark |
00:10:24 | 00:10:27 | as soon as you get a sale on poshmark |
00:10:26 | 00:10:30 | you then order that product |
00:10:27 | 00:10:31 | to you right so you go to that listing |
00:10:30 | 00:10:32 | whether it's amazon whether it's walmart |
00:10:31 | 00:10:34 | or whatever |
00:10:32 | 00:10:37 | the key here is you need to make sure |
00:10:34 | 00:10:37 | that the time between where you order it |
00:10:37 | 00:10:39 | and the |
00:10:37 | 00:10:41 | like the shipping and the handling time |
00:10:39 | 00:10:42 | it comes to you within one to three days |
00:10:41 | 00:10:43 | right because you have to ship out on |
00:10:42 | 00:10:44 | poshmark |
00:10:43 | 00:10:46 | within three days okay so if you're |
00:10:44 | 00:10:47 | ordering amazon prime obviously it's |
00:10:46 | 00:10:48 | gonna come to you very very quickly |
00:10:47 | 00:10:49 | right |
00:10:48 | 00:10:51 | if you're ordering walmart chances are |
00:10:49 | 00:10:52 | it's gonna come with to you within like |
00:10:51 | 00:10:54 | one to two days just make sure the |
00:10:52 | 00:10:56 | product and the specific listing |
00:10:54 | 00:10:57 | on that actual site obviously works with |
00:10:56 | 00:10:58 | that |
00:10:57 | 00:11:00 | so for example i always used to use like |
00:10:58 | 00:11:02 | amazon prime and i would order it to my |
00:11:00 | 00:11:03 | house and it would show up to my house |
00:11:02 | 00:11:04 | in like a day or two and then i would |
00:11:03 | 00:11:06 | literally package it up |
00:11:04 | 00:11:08 | with the actual poshmark label and then |
00:11:06 | 00:11:10 | ship it to the customer okay |
00:11:08 | 00:11:11 | so that's drop ship arbitrage it's the |
00:11:10 | 00:11:13 | same thing it'll be the same profit |
00:11:11 | 00:11:13 | margin because you're not paying for the |
00:11:13 | 00:11:15 | shipping |
00:11:13 | 00:11:16 | it just adds a middle step of you |
00:11:15 | 00:11:18 | receiving the product first and then |
00:11:16 | 00:11:20 | shipping it out using the poshmark |
00:11:18 | 00:11:22 | label this works very very well but |
00:11:20 | 00:11:23 | obviously adds the step of you having to |
00:11:22 | 00:11:24 | package the product up okay |
00:11:23 | 00:11:26 | it's not that big of a deal you can |
00:11:24 | 00:11:28 | scale it up still very very you know |
00:11:26 | 00:11:29 | quickly and very very easily |
00:11:28 | 00:11:31 | but it's a little bit more safer because |
00:11:29 | 00:11:32 | obviously you're still shipping out the |
00:11:31 | 00:11:33 | product with the customer or the |
00:11:32 | 00:11:35 | poshmark label okay |
00:11:33 | 00:11:37 | that's drop ship arbitrage you can do |
00:11:35 | 00:11:39 | that and this was very very effective i |
00:11:37 | 00:11:40 | used to do this all the time |
00:11:39 | 00:11:42 | i still do it with certain listings but |
00:11:40 | 00:11:42 | now i've been kind of moving to this |
00:11:42 | 00:11:44 | which is |
00:11:42 | 00:11:45 | drop shipping with a thank you note so |
00:11:44 | 00:11:46 | same thing with like any other drop |
00:11:45 | 00:11:48 | shipping you |
00:11:46 | 00:11:49 | list on poshmark you make the sale on |
00:11:48 | 00:11:51 | poshmark then you order that product |
00:11:49 | 00:11:53 | from your supplier to the customer just |
00:11:51 | 00:11:55 | like you would any other marketplace |
00:11:53 | 00:11:57 | just the same right but then because you |
00:11:55 | 00:11:58 | also need to use the poshmark label |
00:11:57 | 00:12:00 | and you need to ship that to the |
00:11:58 | 00:12:02 | customer as well what you then do is you |
00:12:00 | 00:12:05 | ship a thank you note with the cop |
00:12:02 | 00:12:06 | to the customer with a poshmark label |
00:12:05 | 00:12:08 | and that also |
00:12:06 | 00:12:09 | works very very well this is more secure |
00:12:08 | 00:12:11 | this is more you know |
00:12:09 | 00:12:12 | safe for lack of a better word but you |
00:12:11 | 00:12:13 | have to spend the time to package the |
00:12:12 | 00:12:14 | product up and then ship it out which is |
00:12:13 | 00:12:16 | super easy |
00:12:14 | 00:12:18 | and then obviously drop it off in like a |
00:12:16 | 00:12:19 | a usps like |
00:12:18 | 00:12:21 | one of those blue bins or drop it off at |
00:12:19 | 00:12:22 | the post office which can be annoying |
00:12:21 | 00:12:24 | it's not annoying for me because like |
00:12:22 | 00:12:26 | i'm always on the road anyway |
00:12:24 | 00:12:27 | and i just drop them off like in between |
00:12:26 | 00:12:29 | my wherever i'm going it's super easy |
00:12:27 | 00:12:31 | and they're all over the place |
00:12:29 | 00:12:32 | but you can also do it this way as well |
00:12:31 | 00:12:34 | where you just ship it to the customer |
00:12:32 | 00:12:36 | from the supplier and then also use the |
00:12:34 | 00:12:38 | poshmark label that you print out and |
00:12:36 | 00:12:40 | ship a thank you note to the customer |
00:12:38 | 00:12:41 | and thank them for ordering and just say |
00:12:40 | 00:12:44 | something along the lines of like |
00:12:41 | 00:12:45 | you know hey i want to give you a thank |
00:12:44 | 00:12:46 | you your package is on the way it should |
00:12:45 | 00:12:48 | be |
00:12:46 | 00:12:49 | you know here at this estimated date you |
00:12:48 | 00:12:50 | can literally tell them |
00:12:49 | 00:12:52 | and then because you'll know that with |
00:12:50 | 00:12:53 | your tracking on amazon or walmart or |
00:12:52 | 00:12:54 | wherever |
00:12:53 | 00:12:56 | and then you can be like and as a thank |
00:12:54 | 00:12:58 | you i want to offer you 10 off your next |
00:12:56 | 00:13:01 | order just you know message me |
00:12:58 | 00:13:02 | this and you know i'll you can pick from |
00:13:01 | 00:13:03 | whatever right something along those |
00:13:02 | 00:13:04 | lines |
00:13:03 | 00:13:06 | another thing that i used to do is say |
00:13:04 | 00:13:07 | something along the lines of like hey |
00:13:06 | 00:13:09 | you know i just want to apologize i ran |
00:13:07 | 00:13:10 | out of inventory in my warehouse but i |
00:13:09 | 00:13:11 | did have |
00:13:10 | 00:13:13 | inventory for this specific listing in |
00:13:11 | 00:13:15 | amazon or walmart |
00:13:13 | 00:13:16 | where i also sell so what i'm doing is |
00:13:15 | 00:13:17 | i'm shipping you one from that listing |
00:13:16 | 00:13:19 | but i just wanted to send you a thank |
00:13:17 | 00:13:21 | you letting you know |
00:13:19 | 00:13:23 | and you know apologizing for the the you |
00:13:21 | 00:13:23 | know discrepancy or the confusion or |
00:13:23 | 00:13:25 | whatever |
00:13:23 | 00:13:27 | that also works very very well but you |
00:13:25 | 00:13:29 | can do either of these drop shipping on |
00:13:27 | 00:13:30 | poshmark works the same exact as it |
00:13:29 | 00:13:32 | works any other place |
00:13:30 | 00:13:33 | it's a very very great marketplace as |
00:13:32 | 00:13:35 | well and you can automate like sharing |
00:13:33 | 00:13:36 | which is going to bring more eyes to |
00:13:35 | 00:13:37 | your listing |
00:13:36 | 00:13:39 | but one of the things that does change |
00:13:37 | 00:13:40 | with poshmark is again you need to use |
00:13:39 | 00:13:44 | the poshmark label |
00:13:40 | 00:13:44 | to ship to the customer |