In this episode of Business Brain, we explore the evolving landscape of online selling, focusing on the recent changes to Poshmark’s fee structure. I share my experiences from building a successful handbag business on the platform, discussing how the new tiered fees—which can drop sellers’ earnings to as low as 5.9%—may impact buyer behavior and seller strategies. We analyze the potential consequences of introducing buyer fees and how this shift aims to attract high-ticket sellers while navigating current market trends. Additionally, I address the need for businesses to adapt to changes quickly, especially with the important Q4 season approaching. We conclude by considering dynamic pricing strategies and encourage listeners to share their experiences with the new fee structure and how they plan to adjust their selling practices.
The post In Your Neighborhood + Poshmark Fee Structure — Business Brain 588 appeared first on Business Brain – The Entrepreneurs’ Podcast.
Dave Hamilton, a seasoned tech enthusiast, podcaster, and publisher, has dedicated the past three decades to aiding computer users globally. Known for his insightful advice and valuable product recommendations on the Mac Geek Gab podcast, Dave also enjoys an esteemed reputation as the founder of BackBeat Media, a network of fiercely independent publishers. His online publishing journey took off with The Mac Observer, an acclaimed Apple news site he co-founded in 1998 and led to its successful acquisition in 2021.
Beyond his tech-savvy persona, Dave embraces a vibrant life filled with music and family in the New Hampshire seacoast. He passionately performs with bands Bitter Pill and Fling, among other musical projects, creating a harmonic balance between his love for technology and music. Alongside his wife, Lisa, he raised their two children amidst this symphony of innovation, passion, and independent spirit, showcasing the power of embracing one's interests and using them to make a meaningful impact in the world.
