YUP! POSHMARK IS PERFECT BUY AND SELL ONLINE FASHION MARKETPLACE
IT’S NOT THE ONLY MARKETPLACE, BUT THE FINEST BUSINESS OF E-COMMERCE INDUSTRY. YOU WISH TO TRIUMPH THIS IMMENSE ONLINE MARKETPLACE
BUT HOW…
Who would want to spare time to visit the stores for shopping, simply when one can do it online with the help of just a few clicks and get things delivered at the doorstep!
Complimenting the trends of online shopping, POSHMARK made the brands more affordable to all by allowing the sellers to list out their items for sale in less than 60 seconds and allowing the buyers to easily shop closets and boutiques from over 25 million items and 5,000 brands, as of the date of writing.
This is Poshmark – The neoteric C2C eCommerce marketplace.
Poshmark got into researching the closets and realized one fact that – Out of all the ways to get rid of old clothes, selling them is definitely the ramen way to make money.
Keeping this in mind, the founders of Poshmark designed a business model such that they can get the listings easily by the sellers who don’t mind making some extra money and buyers who love to shop their favorite brands at affordable prices.
So, Do You Wonder What POSHMARK Actually is ?
Poshmark is a C2C marketplace that helps the users to list out their unwanted yet good quality secondhand clothes and accessories, and buyers who wish to shop the closet and boutiques at an affordable price.
Poshmark charges a flat commission fee of $2.95 for any order that is under $15 and for every sale over $15, POSHMARK charges 20% of the listing price.
Buying Product From POSHMARK
Step 1: FILTER PRODUCTS
Step 2: BROWSE FAVORITE PRODUCT
Step 3: ADD TO CART
Step 4: MAKE PAYMENT
Step 5: REDEEM DISCOUNTS
Step 6: REVIEW YOUR ORDER
Selling Products On POSHMARK
Step 1: CREATE LISTING
Step 2: GENERATE LABEL FOR PRODUCT
Step 3: PACKING & SHIPPING
Step 4: SCANNING AT POSHMARK
Step 5: GET YOUR PAYMENT
Step 6: RETURN & REFUND
Providing Prosperities To Customer For Buying Product From Seller
– It’s The Preeminent Factor of Prosperous USP
Poshmark stands out from the traditional C2C marketplace by providing cent percent assurance to its buyers about the quality, cleanliness, and hygiene about the items. There are certain unique selling points by Poshmark which no other C2C marketplace could match up with
Reserve Product
While two buyers are simultaneously providing their details after clicking, ‘Buy Now’ button, what happens is the one who gets through the payment procedure faster, owns the item. But in Poshmark, the ‘reserve’ feature helps the buyer to flag the item for 10 minutes so that he can enter his details and even though he suffers from a slow network issue, he still has the chances to own the product.
In case, if the buyer abandons the cart, still the product stays as flagged for 10 minutes and then is open for other buyers to buy.
Bundle Buy
When the user wants to purchase quite a few items from one particular seller, the normal procedure that he goes through is by going on adding to cart one by one item which makes no difference even if the items were by different sellers.
But by using the bundle feature, the buyers can ask the sellers to create a bundle out of the products and the entire package can be sent to the buyers together. This provides the users with the ease to shop for their closet along with all the accessories.
Would you like to know more about the business of Poshmark?
Hooray!!! It’s your lucky day, you can download the detailed business model of Poshmark, absolutely free…
IN-DEPTH PLANNING OF POSHMARK SIMILAR APP DEVELOPMENT WITH TROOTECH
Often businesses entail into the unknown. When it comes to understanding similar app development for their project, all it goes into is an abstract view. It is just so important phase in-between to decide the priorities on modules and features according to how the new, plans to run their business. We think below aspects are proven, tested and better to have with Poshmark similar app development
ADVANCED FEATURES IN POSHMARK SIMILAR APP DEVELOPMENT
Like the Idea of Poshmark Similar App Development
MARKET SEGMENTATION FOR POSHMARK SIMILAR APP DEVELOPMENT
Digital Goods
As the technology and gadgets updates so frequenty, used mobile phones, play stations, Bluetooth devices, PC, laptops, kitchen appliances, TV, etc.
Home and Decor
AEncouraging the sellers to list out their used curtains, furniture, showcase articles, flower pots, etc. for the buyers to view the inventories and buy them.
Sports and Fitness
A marketplace for buying and selling racquets, sportswear, sports accessories, gym machines, etc.
Antiques
A C2C marketplace for listing out, buying, and selling of the antiques.
THE REVENUE MODEL FOR POSHMARK SIMILAR APP
Listing Fees
The sellers are charged with the fees for every listing they make.
Featuring Fees
The users can choose to boost their closets by paying a fixed featuring price.
Membership Plans
The users can get an access to listing out more items by subscribing to the membership plans.
Commissions
Commission percentage goes to Poshmark from each purchase a buyer makes.
TECH STACK FOR BUILDING AN APP LIKE POSHMARK
These are the most scalable stack of mobile technologies we use to build a stable and functional Poshmark Similar App Development for your startup
Native Android
Android Studio
Java as a Language
Native iOS
Xcode as Tool
Swift as a Language
Backend
MySql as Database
PHP as a Language
