This tool helps you calculate your earnings from sales on Poshmark after fees.
How to Use the Poshmark Earnings Calculator
This Poshmark earnings calculator helps you estimate your earnings from sales on Poshmark by considering essential parameters like sale price, shipping fee, additional fees, and any discounts applied.
Instructions:
- Enter the Sale Price of your item.
- Enter the Shipping Fee if applicable.
- Enter any Additional Fees that might affect your earnings.
- Enter any Discount applied to the sale.
- Click the Calculate button to see your estimated earnings.
Explanation:
The calculator deducts Poshmark’s commission from your sale price. If the sale price is greater than $15, Poshmark takes a 20% commission. For sale prices $15 or below, Poshmark takes a $2.95 commission. After deducting the commission, it further subtracts any shipping fees, additional fees, and discounts you input to provide the final earnings.
Limitations:
- This calculator is a simplified model and may not account for all variables in nuanced transactions.
- Ensure the entered values are accurate to get a close approximation of your earnings.
- Results are estimated and actual earnings may vary based on Poshmark’s terms and conditions.
Use Cases for This Calculator
Calculate Total Earnings
Enter the number of items sold and their individual selling prices to instantly calculate your total earnings on Poshmark. This feature is a quick and convenient way to keep track of how much money you’ve made through your sales.
Determine Net Profit
Input the total earnings and deduct the shipping fee, Poshmark’s commission percentage, and any other expenses to get your net profit. This calculation helps you understand your actual earnings after all deductions.
Estimate Shipping Costs
Specify the number of packages you shipped and the average cost per package to estimate your overall shipping costs. This allows you to evaluate how much you’re spending on shipping in relation to your earnings.
Analyze Sales Performance
Input the number of sales made in a specific time period to analyze your sales performance. This feature provides you with valuable insights into your selling trends and can help you make informed decisions for your future sales strategies.
Project Future Earnings
Enter your average selling price and the number of items you plan to sell in the future to project your potential future earnings. This forecasting tool can assist you in setting realistic sales goals and monitoring your progress over time.
Compute Poshmark Fees
Input the total selling price of an item to calculate the commission Poshmark charges for that sale. This feature helps you understand how much you’ll be charged in fees for each transaction, allowing you to factor it into your pricing strategy.
Track Inventory Value
Enter the quantity and purchase price of each item in your inventory to calculate the total value of your inventory. This tool gives you an overview of how much money you’ve invested in your current stock.
Calculate Average Selling Price
Enter the total earnings and the number of items sold to find out your average selling price. This metric helps you assess your pricing strategy and make adjustments to maximize your profits.
Compare Earnings by Category
Categorize your sales by item type or brand and input the total earnings for each category to compare your earnings. This feature allows you to identify which categories are most profitable for you and focus on those in your future listings.
Generate Sales Report
Input your sales data for a specified period to generate a detailed report showing your total earnings, net profit, expenses, and sales performance metrics. This feature provides you with a comprehensive overview of your Poshmark selling activities in a structured format.