Do you love fashion? Or do you just want to make some extra cash from home? If so, the Poshmark affiliate program is for you! Here’s everything you need to know about how it works and what it's like, including the pros and cons of the affiliate program.
Affiliate Marketing
Affiliate marketing is a marketing technique practice by many companies to reach out to more customers and broaden their brand awareness. The process is very simple and easy to follow. Most of these companies will provide you your own unique link that you can use on your social media channels. All you have to do is post and attach your custom tracking link- for every click, sign-ups, or sale, you will earn a commission from it. The terms and conditions of affiliate programs vary depending on the company.
What is the Poshmark Affiliate Program
Poshmark is a clothing and accessory website that has been around since 2011. With the recent boom of online shopping, especially on social media platforms, Poshmark expanded their market and introduced an affiliate program which is a rewards program for Posh ambassadors and social media influences (with a large following) that lets your earn money by simply promoting their platform or product. Aside from earning commissions, you also get exclusive access to various campaigns and events from Poshmark.
How to Join Poshmark Affiliate Program
It is surprisingly easy to join the Poshmark affiliate program. All you need to do is be one of the following to join the program:
- Must be a Posh Ambassador
- Social Media Influencer with at least 5,000 followers on either Twitter, Youtube, or Instagram
In order to verify if you have at least 5,000 followers on these social media channels, you must connect one or more social media accounts on your Poshmark profile. Here’s a step-by-step guide on how to connect your social media accounts to Poshmark.
- Go to “Account Settings”
- Click “Sharing Settings.”
- Tap “Connect”
- Click “Add Social Media” to add social media accounts you want to connect with Poshmark
Make sure to read and understand the terms and conditions before connecting your social media accounts to Poshmark. For example, if you click the “set sharing settings,” a message will prompt asking permission to allow Poshmark to save pins and create boards on your Pinterest or share a tweet on your Twitter account.
If you want to keep all your social accounts under your control, you may opt to connect social accounts to Youtube, Instagram, or Facebook, where most people are active the most. Poshmark does not ask for permission to post on your behalf on these social media channels but still needs to verify the number of your followers.
How to Be a Poshmark Ambassador
If you do not have a large following- or even close to a thousand, worry not! Be a Posh ambassador first, then join the affiliate program. You must meet the following qualifications in order to qualify to be a Posh Ambassador:
- Share at least 5,000 items from other Poshers’ closets
- Share your items at least 5,000 times within the community
- Sold at least 15 items
- Have at least 50 available items in your closet
- Have an average rating of at least 4.5 stars
- Arrange shipment fewer than three days
- Leave at least 1 Love note for another Posher
Being a Posh ambassador also has many perks from Poshmark, including receiving an exclusive newsletter, access to fun programs and active campaigns, and more visibility to new Poshers! This is also a win-win situation for the Poshmark and Posher like you since you get to reap their exciting and exclusive benefits.
Posh Affiliate Campaign
Posh Affiliate Campaigns are engaging and fun campaigns from Poshmark Affiliate Program for Posh Affiliates that encourages them to promote the platform more on their social media account. They just have to create a social media post with their custom tracking link that encourages their followers to shop or signup on the platform.
Remember that disclosure is a must especially on these affiliate programs for your followers to be aware that for every click, sign-ups, or purchase they make- you will get credit from it. You can easily manage and track your campaign performance from start to finish under your Account Tab, My Seller Tools, then My Campaigns.
How Posh Affiliate Program Works
The Poshmark affiliate program is a great way to make money by referring people to the website. The process is simple, all you need to do is use your custom tracking link in your post, and when someone clicks, sign-up or makes a purchase, you’ll start earning from it.
However, the custom tracking link expires depending on the validity and length of your campaign. For example, your campaign starts on 05/01 and ends on 05/31. The link will only be valid in between those dates, all clicks on the link after those dates will no longer be valid. Customers may still make a purchase, but your account will no longer benefit from it. Unlike other companies, even if someone clicks on your Poshmark affiliate link and doesn’t make a purchase anything, you will still get paid as long as you meet and completed the requirements of your given campaign.
Poshmark Affiliate Program Payout
Poshmark affiliate program payout varies depending on your campaign. After successful campaign submission, your payout will be issued on your PM account as Redeemable Credit and is usually credited within 3-5 business days after campaign submission.
Poshmark Credit - These are virtual money credited to your Poshmark account. You can use it to purchase things on the platform.
Credit Bank Transfer - If you don’t want to spend your payout on the platform, you can opt to deposit it to your bank account. Simply go to your profile, click the “Account tab” then “My Balance.” Tap “Redeemable,” then click “Direct Deposit.”
Pros and Cons Poshmark Affiliate Program
With Poshmark, it seems like it’s easy to earn extra money while doing things you love the most. Like browsing your social media account or online shopping! Aside from its perks and benefits, we will also explore the cons of this affiliate program and know whether this affiliate program is fit for you or not.
Benefits of Posh Affiliate Program
- Earn Extra Money
- Convenience
- Exclusive Events and Offers
Everyone likes to earn extra income aside from their jobs and other monthly income. The good thing is, Poshmark lets you earn at least $10 every month by simply joining their affiliate program.
What’s the better way to earn extra bucks by simply posting and attaching your affiliate link. You don’t have to track how many click-throughs or sales you made; just make sure your social account is connected to Poshmark so they can view it. Even if no one buys a product using your link, you will still get paid.
As Posh Ambassador and Affiliate, you get first dibs on exclusive offers and events. This is an excellent way to broaden brand awareness and visibility if you are also a seller. Plus, you get to meet new Poshers in your area!
Cons of Posh Affiliate Program
Aside from all the perks and benefits, you can get from joining the Affiliate program of Poshmark, of course, there are also some downsides too. If you are still unsure whether this affiliate program is worth it or not, read some of the downsides of participating in the Posh Affiliate Program we listed below.
- Privacy of Personal Data
- Taxes
- Affiliate Program Doesn’t Pay Much
Make reading a habit! Always read every fine line and the terms and conditions before you sign-up with anything. Anytime you allow Poshmark or other companies to access your social media, you also allow them with your personal data. These data are gathered for research and other relevant purposes. Although they would guarantee that it will be kept confidential, numerous security breaches had happened on large companies such as Facebook.
Affiliate payout counts as income, which means you also have to pay taxes on it. To avoid problems from happening in the future, it is a must to have your Poshmark affiliate income monitored and declare it on your annual taxes when you file them next year. Remember that even credits count as earned income, and you need to pay taxes for it.
Most of the Poshmark affiliate doesn’t earn that much money from the affiliate program. Depending on your campaign, reach, and engagement, you will likely receive $10 from the Poshmark affiliate program. Although for social media influencers and more prominent personalities with hundreds of thousands of social media followers, the opportunities and campaigns are much more significant. If you have less than a thousand followers, this affiliate program doesn’t pay much than selling on the platform or having a day job.
In a Nutshell:
For most Poshmark sellers, the Poshmark affiliate program is a great program to broaden your target market and get a higher chance of selling fast! Although this program works with people with large followings, it is still worth giving it a shot.
Poshmark affiliate program doesn’t guarantee you a sale but will help you get more visibility and brand awareness every time you post it on your social account. This program is a win-win situation both for the Poshmark platform and the Poshmark sellers in expanding and boosting your shop and the Poshmark platform.
But if you are looking for a guaranteed way to make more sales and increase your shop’s visibility, consider OneShop. It offers a seamless way to organize your listings, make drafts and easily schedule them, and efficiently manage your profit and loss to develop better plans and goals. To learn and experience how OneShop helps marketplace sellers earn more, try our 7-day free trial and level up your marketplace selling!