When it comes to selling online, you have a ton of choices. Poshmark and eBay are two of the most popular platforms to sell, both with huge followings. But which is better to sell on in 2022? We will go over what you need to know and give you all the reasons why one is better than the other. You will then easily be able to choose based on what is most important to you.
Poshmark vs eBay 2022
Here are the basics to know about selling on Poshmark or eBay.
|Insertion Fee||$0||$0 to $20 per listing*|
|Final Value Fee||20%||Varies + $0.30 per order|
|Shipping||$7.67||Depends on the package|
|When You Get Paid||Up to 3 days after delivery||Immediately|
Fees To Sell On Poshmark
The fees to sell on Poshmark is extremely straightforward. It is a flat 20% for sales above $15 and a flat $2.95 for anything below $15. Shipping is generally covered by the buyer. You can send a discount on shipping but that will be taken out of your earnings.
Fees To Sell On eBay
eBay’s fees are complicated. They have different amounts for different categories. There is an insertion fee and a final value fee. These fees vary depending on what the item is. It will also depend on the type of account you have and whether your listing is an auction or a “buy it now”.
If you’re selling clothing, shoes, and accessories, the insertion fee is free if the price is above $100. Meanwhile, the final value fee will be 12.55% if it sells for less than $100.
But for books, jewelry, and accessories, the insertion fee for the first 250 listings is free and then $0.35 after. But the final value fee varies depending on the sale amount and category. If you need to know what eBay’s fees are for a specific category, it is best to check with them here. But don’t let it stress you out. They will generally be a total of less than 20% of your sales price.
Why Poshmark Is Better Than eBay
Sales Are Final
The biggest advantage of selling on Poshmark over eBay is the return policy. As long as you describe stains, rips, or any other flaws and imperfections on your listing, the buyer cannot return your item.
Sales on Poshmark are final.
While you can say on eBay that the sale is final, if the buyer really wants to return the item, they can open a PayPal case. And PayPal may very well side with the buyer. However, the ruling party on Poshmark is Poshmark.
Every return case that we’ve had on Poshmark has been very fair. Out of the 23 purchases we’ve had, both returns we made were approved. One was because the seller approved the return and the other because the seller did not disclose flaws on the item.
Out of over 500 sales, we’ve had 4 return cases. We approved 3 out of courtesy and the one we denied, we won the case against the buyer.
Since shipping is one price on Poshmark, you don’t have to deal with the hassle of finding a shipping box or bag and weighing the item. You can use any box or bag, including any USPS boxes you can get at the post office for free (except the ones that say “Express”).
The shipping label is directly sent to your email and you’re ready to go. The only exception is if your package weighs more than 5 pounds.
Why eBay is Better Than Poshmark
Sales Are Hands Off
When you list an item on eBay, other than the occasional question here and there, you can forget it until it sells. eBay doesn’t require sharing your listing every single day to make the algorithm happy. You don’t have to compete with being on top of the feed by spending a ridiculous amount of time on the app.
Yes, there are auto-sharing apps on Poshmark that can take the work out for you but that still costs money! Not to mention, they’re technically not allowed on the platform. Of course, Poshmark doesn’t seem to enforce this at all because there are a ton of apps now on the market. But keep that in the back of your mind!
No Pesky Lowballers
Well…not nearly as much anyways. If you sell on Poshmark, you will undoubtedly have to deal with lowballers on the regular. It sometimes seems that Poshmark encourages lowballing. Why is that? Because they allow an offer as low as 20% of the listing price. And there are people who send that type of offer more often than you’d think.
With eBay, even if you allow an offer on your listing, you can set a minimum amount of what you will consider. So for a lowballer on eBay to send an offer, they would have to private message you. Most people are not that insulting.
You Can Still Have A Sale On Vacation
Poshmark requires that you ship a package within seven days of the purchase. That means if you go on vacation for longer than seven days, you must put your store on vacation mode. Buyers cannot purchase anything from your store once your Poshmark store is on vacation mode. That means you lose a lot of potential sales.
On eBay, you can change your shipping and handling time to as long as you’d like. That lets eBay and (hopefully) your buyers know that you will take up to that time to ship out the item(s). So even when you’re away, your sales don’t have to come to a screeching halt.
Can I Sell The Same Item On eBay and Poshmark?
You can sell the same exact item on both eBay and Poshmark. Just don’t forget to remove the listing on one if it sells on the other. Crosslisting on both platforms is fairly common among resellers. It exposes your listing to a lot more people, increasing your chances of selling.
Is Poshmark Or eBay Better To Sell On?
Now that you know why one is better than the other, look at what is most important to you. For us, you shouldn’t even have to choose. Sell on both! Both eBay and Poshmark have their own advantages and disadvantages. eBay is great for selling almost anything but Poshmark is more beginner-friendly.
For a more in-depth look at where to sell based on the type of item, check this post here. Otherwise, eenie-meenie-miney-mo it if you have to but you can’t go wrong. You will learn your own preference from doing. So just pick one and start listing!