Not going to lie, I speak from experience when I say that keeping track of your Poshmark inventory is SO important. I’ve been known to lose an item or two at the beginning of selling online and there is nothing MORE frustrating that selling an item for $40 and then having to cancel that sale and lose money because you can’t find it.
Let’s not even talk about the hour and a half you spend looking for said item. Time and money people. I guarantee you keeping organized from the very beginning will save you time and money! Plus, time is money and all those cliche sayings so here we go.
If you’re starting to sell on Poshmark and feeling a little overwhelmed by it all, you’re not alone! Once you start listing more and more items it can get a little confusing trying to keep everything straight, find items you’ve sold and make sure that you’re making money.
I want to share with you some tips for keeping your Poshmark resale business organized.
Keep your inventory seperate
If you’re selling out of your house (most of us are) then you need to make sure you’re keeping your Poshmark inventory separate. Whether you have a special place in your closet where only inventory goes or you have a few storage bins out in the garage where you keep things safe, keep it separate!
Come up with an inventory tracking system
For our business we have bins of items that are lettered (Bin A, Bin B, etc) and in each bin we have plastic bags items go in that are numbered (A1, A2, etc). That way when we list something on Poshmark we can note in the description where that item is located and find it lightening fast.
If you only have 10 or 20 items you may not need to do this, but as you grow your resale business I recommend considering an official system. Even numbered hangers would work!
Plus once you have a system, you can start organizing your business digitally and track those inventory numbers in a spreadsheet.
Use a spreadsheet
It took me a long time to sit down and finally geek out long enough to create a spreadsheet. I wanted something that I could use to track all of the inventory I was buying and listing, but I also wanted to be able to keep track of my sales, how long stuff was taking to sell, what has sold, etc.
What you want to keep track of:
- Inventory (ID, item info, cost, etc.)
- Expenses/Cost of goods
I actually created the perfect spreadsheet for doing this and created a video to walk you through exactly how to use it.
>> Get the Reseller Dashboard and start getting your Poshmark business organized today! Use the code: POSH to get $6 off making it just $18!
You can totally do this on your own using something like Google Sheets or Excel, but if you want a shortcut I’m happy to share my Reseller Dashboard with you!
Selling on Poshmark has made me thousands of dollars, but keeping everything organized has made sure that I don’t spend more time than I need to on my business so I can enjoy life too 😉