Etsy and Poshmark are two popular online marketplaces where individuals can sell handmade or vintage items, clothing, accessories, and more. While both platforms have similarities, they also have distinct differences that can make one more appealing to a seller than the other.
One key difference between Etsy and Poshmark is their target audience. Etsy caters to those looking for unique, handmade, or vintage items, while Poshmark is geared more towards trendy, affordable fashion items. Additionally, Poshmark only operates in the US and Canada, while Etsy is available in 83 countries outside the US.
Another difference is the way items are listed and sold. On Etsy, sellers create individual product listings with detailed descriptions and photos, while Poshmark operates more like a social media platform where sellers can list items in their “closets” and interact with potential buyers through comments and likes. Understanding these differences can help sellers decide which platform is best for their specific products and goals.
Understanding Etsy
History of Etsy
Etsy was founded in 2005 by Rob Kalin, Chris Maguire, and Haim Schoppik. The company was created to provide an online marketplace for handmade, vintage, and unique items. Since its inception, Etsy has grown to become one of the largest e-commerce platforms in the world, with over 4.3 million active sellers and 81 million active buyers as of 2021.
How Etsy Works
Etsy is an online marketplace that allows sellers to create their own online storefronts to sell their handmade, vintage, and unique items. Sellers can list their items for sale on Etsy and set their own prices. Etsy charges a small fee for each item sold, as well as a small fee for each listing.
Buyers can browse through the various items available on Etsy and purchase them directly from the seller. Etsy provides a secure payment system for both buyers and sellers, and also offers a buyer protection program to ensure that all transactions are safe and secure.
Pros and Cons of Etsy
Etsy has several advantages for both buyers and sellers. For buyers, Etsy offers a wide variety of unique and handmade items that are not available on other e-commerce platforms. For sellers, Etsy provides a platform to reach a large audience of buyers who are specifically looking for handmade and unique items.
However, there are also some disadvantages to using Etsy. The fees charged by Etsy can add up quickly, especially for sellers who are just starting out. Additionally, the competition on Etsy can be fierce, with many sellers offering similar items for sale.
Overall, Etsy is a great platform for sellers who are looking to sell handmade, vintage, and unique items. By creating an online storefront on Etsy, sellers can reach a large audience of buyers who are specifically looking for these types of items.
Understanding Poshmark
History of Poshmark
Poshmark was founded in 2011 by Manish Chandra, Gautam Golwala, Tracy Sun, and Chetan Pungaliya. It is a social marketplace for fashion and accessories where users can buy and sell new or gently used clothing, shoes, and accessories. Poshmark has grown rapidly over the years and currently has over 100 million registered users in the United States and Canada.
How Poshmark Works
Poshmark works by allowing users to create a virtual “closet” where they can list items for sale. Buyers can browse these listings and purchase items directly from the seller. Poshmark takes a 20% commission fee on all sales, and sellers are responsible for shipping their sold items to the buyer. Poshmark provides a pre-paid shipping label that sellers can print and attach to their packages.
In addition to buying and selling, Poshmark also has a social aspect. Users can follow each other’s closets, share listings, and leave comments on listings. This social aspect can help sellers gain more visibility for their listings and build a following of buyers.
Pros and Cons of Poshmark
Poshmark has several advantages for both buyers and sellers. For buyers, Poshmark offers a wide variety of items at competitive prices. Buyers can also negotiate prices with sellers and bundle items for a discount. For sellers, Poshmark provides a platform to sell items quickly and easily. The social aspect of Poshmark can also help sellers build a following and increase sales.
However, Poshmark also has some drawbacks. The 20% commission fee can be high for sellers, and shipping costs can add up quickly. Poshmark also has a strict return policy, which can be frustrating for buyers and sellers alike. Additionally, Poshmark’s focus on fashion and accessories may not be ideal for sellers looking to sell other types of items.
Overall, Poshmark is a popular platform for buying and selling fashion and accessories. Its social aspect and competitive pricing make it an attractive option for both buyers and sellers. However, it may not be the best option for everyone, and sellers should carefully consider the fees and policies before deciding to sell on Poshmark.
Product Range
Product Range on Etsy
Etsy is known for offering a wide range of handmade, vintage, and unique items. From jewelry to home decor, Etsy has a vast selection of products that cater to a variety of tastes and preferences. The platform is particularly popular among Millennials who are looking for one-of-a-kind items that are not available in traditional retail stores.
One of the benefits of selling on Etsy is that sellers can offer customizable products that are tailored to the needs of their customers. For example, a seller can offer personalized jewelry with the customer’s name or a custom-made wedding dress. This flexibility allows sellers to stand out from the competition and attract a loyal customer base.
Product Range on Poshmark
Poshmark, on the other hand, is primarily focused on fashion and beauty products. The platform is popular among Gen Z and Millennial women who are looking for trendy and affordable clothing items. Poshmark’s product range includes clothing, shoes, accessories, and beauty products.
One of the unique features of Poshmark is that sellers can offer pre-owned items in addition to new items. This allows buyers to find great deals on high-end fashion items that they may not be able to afford otherwise. Additionally, Poshmark has a strong community of sellers who offer styling tips and advice, making it a great platform for fashion enthusiasts.
Overall, both Etsy and Poshmark offer unique product ranges that cater to different audiences. While Etsy is known for its handmade and vintage items, Poshmark is focused on fashion and beauty products. Sellers should consider their target audience and product offerings when deciding which platform to use.
Seller Perspective
Selling on Etsy
Etsy is a popular online marketplace for handmade and vintage items. It is a great platform for small businesses and independent sellers who want to showcase their unique products to a large audience. The platform is easy to use, and sellers can customize their storefronts to reflect their brand and style.
One of the benefits of selling on Etsy is the ability to create custom listings for each product. This allows sellers to provide detailed information about their products, including materials, dimensions, and care instructions. Additionally, Etsy allows sellers to set their own prices and shipping rates, giving them more control over their business.
However, selling on Etsy does come with some fees. There is a $0.20 listing fee for each item, and Etsy takes a 5% commission on each sale. Additionally, sellers may need to pay for advertising to increase visibility and attract buyers.
Selling on Poshmark
Poshmark is a social commerce platform that focuses on selling second-hand fashion clothing, accessories, and even items such as electronics. It is a great platform for fashion-savvy individuals who want to declutter their closets and make some extra cash.
One of the benefits of selling on Poshmark is the ability to connect with potential buyers through social networking. Sellers can follow, share, and comment on other users’ listings, which can increase visibility and attract more buyers. Additionally, Poshmark provides a shipping label for each sale, making the shipping process easy and convenient for sellers.
However, Poshmark takes a 20% commission on each sale, which can be higher than other platforms. Additionally, sellers are required to use Poshmark’s shipping label, which can be more expensive than other shipping options.
Overall, both Etsy and Poshmark offer unique benefits for sellers. It is important for sellers to consider their products, target audience, and business goals when deciding which platform to use.
Buyer Perspective
Buying on Etsy
Etsy is an online marketplace that specializes in handmade, vintage, and unique items. Buyers on Etsy can find a wide range of products, from clothing and accessories to home decor and artwork. One of the benefits of buying on Etsy is the ability to purchase one-of-a-kind items that cannot be found anywhere else. Additionally, buyers can communicate directly with the seller and request custom orders or alterations to existing products.
Etsy has a reputation for being a platform that supports small businesses and independent creators. Buyers who prioritize shopping from small businesses and supporting independent artists may find Etsy to be the ideal platform for their needs. However, it is important to note that the prices on Etsy may be higher than those on other marketplaces due to the unique and handmade nature of the products.
Buying on Poshmark
Poshmark is an online marketplace that specializes in fashion and clothing. Buyers on Poshmark can find both new and used clothing items, as well as accessories and beauty products. One of the benefits of buying on Poshmark is the ability to find high-end designer items at a fraction of the retail price. Additionally, Poshmark has a social aspect to it, allowing buyers to follow their favorite sellers and engage with the community.
Poshmark caters mainly to Gen Z, with a focus on trendy and fashionable items. Buyers who prioritize staying up-to-date with the latest fashion trends may find Poshmark to be the ideal platform for their needs. However, it is important to note that the quality of the items may vary, as they are not all brand new and may have been previously worn. Buyers should carefully review the item descriptions and photos before making a purchase.
In summary, buyers should consider their priorities and needs when deciding between Etsy and Poshmark. Etsy may be a better fit for those who value unique and handmade items and supporting small businesses, while Poshmark may be a better fit for those who prioritize staying up-to-date with the latest fashion trends and finding deals on designer items.
Fees and Pricing
When it comes to selling on Etsy and Poshmark, understanding the fees and pricing structure is crucial. Both platforms have different fee structures that sellers need to take into consideration when deciding which platform to use.
Etsy Fees and Pricing
Etsy charges a listing fee of $0.20 USD for each item that you list on Etsy.com or Etsy’s mobile apps. Additionally, there is a transaction fee of 5% on the sale price of the item, which does not include shipping costs or taxes.
If you sell an item under $15, the fee is a flat rate of $2.95 USD. For sales above $15, the fee is 20% and you keep 80%. It’s important to note that Etsy’s fees can add up quickly, especially for high-priced items.
Poshmark Fees and Pricing
Poshmark has a more straightforward fee structure. For sales under $15, Poshmark takes a flat commission fee of $2.95 USD. For sales over $15, Poshmark takes a 20% commission fee and the seller keeps 80%. Poshmark also offers discounted shipping rates for sellers, which can help offset some of the fees.
It’s important to keep in mind that both platforms have additional fees for optional services like promoted listings, shipping upgrades, and payment processing fees. Sellers should carefully consider these fees when deciding which platform to use.
In conclusion, while both Etsy and Poshmark have fees and pricing structures that may seem daunting at first, understanding them is crucial for making an informed decision on which platform to use.
User Interface and Experience
Etsy User Interface
Etsy has a user-friendly interface that is easy to navigate. The homepage is well-organized, with a search bar at the top and categories listed below. The search bar is particularly useful since it allows users to search for specific items, shops, or keywords. Users can also filter their search results by price, location, and other criteria.
Once a user clicks on a product, they are directed to a page with detailed information about the item, including photos, price, and shipping information. Users can also see reviews from other buyers. The checkout process is straightforward, and users can pay with various methods, including credit cards and PayPal.
Etsy’s mobile app is also user-friendly, with a simple and clean design. Users can easily browse and purchase products on the go.
Poshmark User Interface
Poshmark’s interface is also user-friendly, with a simple and clean design. The homepage features a search bar at the top, and users can browse through categories below. Users can filter their search results by various criteria, including size, brand, and price.
When a user clicks on a product, they are taken to a page with detailed information, including photos, price, and shipping information. Users can also see reviews from other buyers. The checkout process is straightforward, and users can pay with various methods, including credit cards and Apple Pay.
Poshmark’s mobile app is also user-friendly, with a simple and clean design. Users can easily browse and purchase products on the go.
Overall, both Etsy and Poshmark offer user-friendly interfaces that make it easy for users to browse and purchase products.
Customer Service
Etsy Customer Service
Etsy is known for its excellent customer service. They offer various ways for customers to get in touch with them, including email, phone, and live chat. They also have a comprehensive help center with articles on various topics, including buying and selling, shipping, and returns. Etsy’s customer service team is prompt in responding to queries and is always ready to help customers with their concerns.
Etsy also has a system in place for resolving disputes between buyers and sellers. If a customer is not satisfied with their purchase, they can open a case with Etsy, and the customer service team will step in to help resolve the issue.
Poshmark Customer Service
Poshmark also offers customer service through email, phone, and live chat. They also have a help center with articles on various topics, including buying and selling, shipping, and returns. However, Poshmark’s customer service response time can be slower compared to Etsy’s.
Poshmark has a similar system in place for resolving disputes between buyers and sellers. If a customer is not satisfied with their purchase, they can open a case with Poshmark, and the customer service team will step in to help resolve the issue.
In conclusion, both Etsy and Poshmark offer customer service through various channels and have a system in place for resolving disputes between buyers and sellers. However, Etsy’s customer service is known to be more prompt in responding to queries compared to Poshmark’s.