SHOP HALIKA DITO: My Poshmark Ideal Brand List

Resellers tend to have their "bread and butter" brands that they always pick up at the thrift store because they know they will be able to sell them. I don't necessarily have that yet, since I haven't made too many sales and haven't actually sourced that much outside of my own closet. I will say that I've picked up 3 Madewell pieces so far and NONE OF THEM HAVE SOLD FOR A GOOD PROFIT. So I am pretty much done with Madewell.  I did sell one Madewell dress but that was from my own closet.

BREAD AND BUTTER ITEMS:
J. Crew
Banana Republic
Ann Taylor
Loft

BRANDS I WANT TO STOCK:
Diane Von Furstenberg
Theory
Milly
COS
Equipment
Kate Spade

BRAND BUCKET LIST:
Chanel
Burberry
Escada
Gucci
Dior
Fendi
Prada
Valentino
Miu Miu
Celine
Balenciaga
Mansur Gavriel
Reformation
Anine Bing
Zimmerman
IRO
Maje
Sandro
Rag and Bone
All Saints

BRANDS I NEED TO STOP BUYING (because they are not selling):
Madewell
Lafayette 148

BRANDS I BOUGHT BECAUSE OF INSTAGRAM AND YOUTUBE:
Boden
Lilly Pulitzer
Anthropologie
Eileen Fisher

SHOP HALIKA DITO: Goals for October 2018

As recently posted (hopefully), I have successfully completed one month on Poshmark with my closet @halikadito and loved every minute of it!



As recommended by fellow posher @mogibeth on YouTube, I've decided to set some goals for October 2018 in order to help grow my shop.

My goals for October 2018 include:

1. Post on @halikadito instagram every day.
This should be easy, since I'm not even really trying to collect likes. I use this separate instagram mostly to collect inspiration for trends and tips from other poshers. In turn, I can start to document my shop's progress, even though it's slow.  One of my favorite posts to see are videos of poshers at the thrift store flipping through racks of shirts where you can just see the label of the item and then see if they choose to pick it out or not. LOVE those. I think I can probably manage posting a few of those, considering how often I seem to be at Goodwill after work.

2. Get to over 50 active listings. 
I need this anyway to get to Posh Ambassador status. Every YouTube video I've seen about reselling to make thousands of dollars a month says to have 50 if not over 100 listings.  I so far can't seem to get above 20 active listings at a time. It's a lot of work! Hopefully I can come up with a system for taking photos in natural daylight and storing my inventory efficiently so that Andrew doesn't even feel this change occur in our apartment.

3. Profit $1000.
This is straightforward. Let's double our margins now that I'm figuring out what I'm doing!

SHOP HALIKA DITO: One Month on Poshmark (September 2018)



Number of listings posted: 58
Listings sold: 25
Total sold on Poshmark: $737.00
Total Poshmark fees: $151.55
Costs of goods sold: $34.96
MY PROFIT: $550.49

What a hobby! I LOVE RESELLING. I had previously dabbled in Poshmark when I was in law school, but never to this extent.  Somehow this time it's different. Maybe because I have been so adamant on having my own "store."  I'm also crafting a brand! I want to take this seriously and transform it into an actual business.

Most of the stuff sold in September was from my actual closet, but I did start thrifting this month and it's really changed my life.  It's the only thing I look forward to while I'm at work -- the minute I can take off and stop by the Goodwill on my walk home!  I'm trying to keep the amount of sourcing reasonable and in line with the amount that I can reasonably list during the week, which is currently none.