Poshmark Consignment, Giveaways, AI Listing & More At PoshFest Hackathon 2024!
Poshmark unveiled new features and tools as part of PoshFest 2024 Hackathon, with Consignment offerings in partnership with trusted sellers, new options for giveaways and auction timing for Posh Shows, AI listing tools and more!
Recently Launched Features
Posh Shows Giveaways - US Only
Posh Shows makes it easy to reach more buyers and accelerate your sales. We’re so excited to see that many of you love this feature and committed to building tools to make selling LIVE even better.
Soon, we’ll be introducing Giveaways! As a host, you can reward loyal buyers, attract new followers, and create excitement by giving away free items. It’s a fun and simple way to boost engagement with your shoppers, and make your shows even more interactive.
Smart List AI
Discover the power of AI technology with Smart List AI—an innovative tool designed to revolutionize the listing process on Poshmark. Smart List automates and streamlines the task of creating listings, saving you valuable time and effort.
Smart List AI is currently in beta testing with a select group of sellers. We’re excited to roll this feature out to more sellers as it improves and share Smart List AI with you soon. Keep an eye out for more information.
Poshmark first announced image-based AI powered listing was "coming soon" during PoshFest 2023 with initial beta testing apparently going on for over a year.
Poshmark Consignment Beta (US only)
With Consignment, we’re leveraging the strength of our community by partnering with trusted sellers like you to list and sell on behalf of others.
With this network, we aim to make selling on Poshmark easier and more accessible, while also increasing the earning potential of our experienced sellers.
At this time, we are beta testing with Poshers in the SF Bay Area. Stay tuned for more details as we expand!
Poshmark is inviting sellers in select areas to apply as Poshmark Closet Partners, who will list and sell items provided by other Poshers (aka consignors). While in beta, Closet Partners will gain access to fresh merchandise to grow their business and help shape the future of this network.
In addition to being located in the San Francisco bay area, sellers in the beta program must agree to the following:
- Be available to receive and safely store consignment deliveries weekly.
- List and sell a wide variety of merchandise, brands, and categories.
- Accurately research, photograph, price, and list all consignment items in an accurate and timely manner.
- Adopt Poshmark tools to be an effective seller, including sharing, offers, Posh Shows, etc.
- Help grow the network by sending empty bags to consignors upon request.
More info: https://blog.poshmark.com/the-poshmark-consignment-network/
This is an interesting take on consignment selling and it's encouraging to see Poshmark sees this as a feature that may eventually expanded to a wider array of sellers, in contrast to eBay's consignment program that still only provides advertising and sales benefits to a single seller.
Other Features Coming Soon
Listing Template
Create a listing description template with your own default text such as “Offers welcome!” that will be automatically added to every new listing you create.
Listing Streaks Rewards
Get rewarded for listing consistently!
Gain access to new app icons as you reach more streak milestones. Just list at least 1 item per week and you’ll start earning.
Scan & Sell (US Only)
Scan the QR Code on your Coachtopia item and resell it on Poshmark with just a few clicks.
Share Shows
Listers can share items to Share Shows in one-click, growing your viewer and shopper community.
Listing Tray
Add up to 100 listings to your tray to provide viewers with even more items to shop and discover.
Offer to Likers Upgrade
See your last OTL price and the highest offer you can submit based on your lowest previous one, eliminating the guesswork and saving you time.
Sudden Death
Drive shopper urgency and sell to the last bidder by running an auction with a timer that doesn’t reset.
My Brands Filter
Shoppers can filter by brands they’re interested in purchasing, increasing the visibility of your relevant listings.
Watch the full PoshFest 2024 Hackathon Reveal:
What's your favorite new feature announced at PoshFest today? Let us know in the comments below!