I told my husband about this and he said, "you don't know your business if you don't know your numbers"...not original to him :). I figured out my sell through rate and dug down to figure out all the details, separated my death piles, made my listing goals, and started listing. In just the last three days I'm making great sales! Thank you for all of the ways you help so many people!

Video on book keeping and how you prepare for taxes

Hi Nicole, Everytime you give these tutorials that helps us figure how to make money on Poshmark, I implement those tips. This one was no different. I’ve been trying it for a week straight so far. My list goal calculated to listing 16 items per day or 480 per month. My first lesson in this experiment was lowering my COG. I buy liquidation cases of Free People and they often have 200 pieces with a great COG. My next lesson was to list each item individually. Meaning even if I have 5 of one style, create 5 different listing using the copy feature. Do not batch list them. My next listing was to list those 16 items each and every day. And finally, I implemented something from another video you posted. As people like the items, add it to a bundle, send them a message and make them an offer they can’t refuse. My can’t refuse offer was a free people BOGO and free shipping sale. And girlfriend, let me tell you, I did my first $500+ sale over the weekend. And over $500 for the week. Now I need to figure out EBay because I am learning that what sells on Poshmark doesn’t sell as well on EBay. I’ll check thru your video for EBay tips. But thanks so much 😘

Great video. You can also divide 17/.5 to help those who don't have a sell through of 50%. So if you have a sell through of 30% do 17/.3

Thank youuuuuuuuuuuu! This is EXACTLY what I needed. I don’t know if I have time to do 34 listings a a day because that’s a lot, but I could aim for half that amount to make $5,000 a month & I’d be ecstatic. This is exactly what I’ve been wanting to know for so long. It totally makes sense because the math works. Thank you so much, Nicole! 😊❤️

Nicole! Thanks a million for the info! I swear EVERY TIME I watch I learn something new!

Thank you for the breakdown 😍🙌🏼 I love this & will totally help me get towards reaching my goals in a realistic way!

I remember when you did this a few years ago and I've never forgotten it. This formula works! You're awesome, Nicole ❤👍

Nicole I was lost without you... This is the 1 HUGE thing I still do today. FT reseller bcuz of you and Reezy since 2018 $$$$

Great video! Love the break down and love that you’re showing it on paper. Thank you for this information

This is brilliant! I've never broken it down like this before and it makes sooo much sense! You are awesome, thank you thank you for this! 😻

I remember when you did this video several years ago. It helped me out tremendously when I was just starting out reselling part time. It definitely helped me to know if what I was doing was profitable and how to make it so. Now in my 2nd year as a full time reseller this is great for growing my business and taking it to the next level! Thanks for all that you do for the community Nicole!

This is awesome Nicole thank you so much. I'm brand new to Poshmark and so needed this encouragement. Ive watched so many of your videos and have learned so much. Thank you, you rock!

Absolutely love this. Thank you so much for all the information you share!

Thank you for this! It was really eye opening on just how much I need to be listing vs what I currently am! ❤️ I always work best with a guideline and this really helped me set my goals!

Ahhhh thank you so much, that avg sell thru rate is what I was missing. Your so amazing!!! I appreciate these videos so much.♥️♥️

You’re the best Nicole! Your videos are always so inspiring and helpful. Thank you so much.

I love this video. I was a math/data analysis minor in college, so I totally understand what she is saying. Math can tell you so much. I even had to come back a year later and watch this video because I accidentally deleted my file with the sell-through rate. This information is so informative. I can't thank you enough, Nicole!

This made it so easy! Thank you! You are so inspirational and helpful! Your videos have helped me so much! Thanks, Nicole!

Thank you so much for this!!! 🙌🏼🙏🏼 Love your channel!!

Thank you for this. Very easy to follow. I appreciate your time and your information :)

Thanks, that’s very helpful! I think this is the first time I have seen someone actually give good business advice on KZfaq

Thank You very Much For Sharing, That's Very Helpful in helping to decide should I just continue to sell on postmark only.

I would like to see a video showing Stats for what days of week /time of day most of your sales happen. I have learned so much from your videos . Keep up the great work!

I love this! I was a data analysis minor in college, so the info you gave makes perfect sense. I am currently working on my info now!

Makes so much sense! Thanks for breaking it down!

Thank you for your content. I love math as well and your formula has been a great tool.

Nicole! Thank You so much for your time, You are very intelligent, inspirational and very hard working lady. I am so glad I found you 😊🌹😊🍍

Thank you so much for this!! I'm newer to Poshmark and this was extremely helpful!!

You started by saying you LOVE math...we were not even 5 min. In, and my head started to hurt, reminding me that I hate numbers. I am completely right-brained and this is much more analytical than I will ever be. Your explanation was extremely clear and well laid out, so the problem is obviously me, not you. I am going to try the time block-out plan, and stick to my stated goal. Thank you your time sharing this.

Thank you for providing a mathematical “formula” for what is needed! Also, you look like a doll sitting on a shelf! Except the doll moves...and is alive 😶😆 Love it!

Dude i freaking love your videos! So inspiring!

Thank you for this. My goal is to become a full time posh seller, only part time at this time. and I feel like i've been all over the place and you are right about blocking out the time and organizing that time.

I'm learning so much from you. I just wanted to Thank You from the bottom of my Heart 💜🙏💜

This is hugely helpful. Thanks Nicole.

Your videos are always so inspiring! Like a pep talk! 10 hours straight of listings sounds downright painful though lol, I'm a slow lister and way too much of a perfectionist.

Really like this video! Thanks for breaking down the math.

Awesome info! Thanks Nicole 🤩

Thank you. Thank you. THANK YOU! You’re such a brilliant woman!!! 😊

I reference this video all the time ! Would love an update or more equation based business videos !

I’m still in the earlier stages of building my posh business, and have been looking into how to schedule my day productively- this video has been very helpful in the breakdown! Thank you SO MUCH for making this video! I hate math. Lol

Excellent information. So simple the way you explained the process. I'm motivated to put my numbers into the formula. Thank you sharing

Feaking awesome & easy concept. Thanks for doing the dirty work for us! Xoxo julie

I love your math Nicole, it’s logical. But, I don’t see how a person can list that many listings in the amount you said. There’s a lot of labor associated with listing. Cleaning, taking photos, editing photos, and then listing. What I would add to this video is this motivational point: If a husband and wife put in the work sourcing and listing, almost everyone watching this can get to $10k a month if they team up with their spouse.

I am glad that you did this. I see a lot of people upset about no sales. I am going at my pace but I know reselling takes a lot of dedication.

Thanks girl! This is really helpful!

This was extremely useful! Thank you!

This was so helpful! Thank you!

Thank you so much Nicole for breaking it down for us🤗.. I’m not that good in math, but this was easy to follow🤗.. always appreciated🤗❤️

Hey Nicole, thank you so much for this Video 👏😍

Thanks so much for sharing, Nicole.🤗❤️🌷

You're so smart and awesome! Thank you for sharing!

thank you for sharing your knowledge!

Awesome video Nicole! This is a much easier way to figure this crap out lol I send a lot of stuff to Thredup now and I just applied this to that business model and I thought I would need around 30 boxes per month to meet my goal and this formula totally reinforced that so thanks! :)

This is fantastic! Thanks so much!

Passion Planner Fam whooop whoop. Thanks for this. I’m going to go calculate right now.

I GREATLY appreciate this video SO VERY MUCH! I watched it back when you first shared it and then again tonight for the kick-in-the-pants I needed. Thank you so much! My numbers greatly reflect this system you shared - I just need to be consistent! =)

great info, thx, Nicole

This video was so helpful Nicole, thank you for breaking it down so clearly for us! Would you be willing to make a part 2 talking a little more in depth about the things you touched on at the end? I.e. knowing how much of your revenue to set aside to put back into your business and how to optimize that amount, so you can keep a good portion for yourself? Thanks again!

Hey Nicole! Thanks for sharing this! I appreciate your love of Math! Are you using a Passion Planner? LOVE THEM!

Excellent video! Thank you!

This is so helpful. Thank you.

You are amazing! Thanks for this video. Now, if I could justify BUYING all that to list...I am thinking positive! xo

Thanks for great info and great advice

Thank you smart woman!!! You are intelligent and good hearted for teaching and sharing! I’m a new PM member of 6 days :)

Very informative thank you!

Such a great video! Would love a video where you walk us math-challenged poshers through how to actually find these numbers from our own closets/sales reports! The whole equation makes so much sense, but I’m not too sure how to find or calculate my stats. 🙌🏼

So this Friday I went to the outlet store for the first time and omg it was like I've stepped into a jungle of hungry animals lol !!! (We only have one outlet in the whole state ) it was horrible. But anyways Nicole you are GOALS and you've thought me so so much ! Thank you for doing this with your busy schedule!

Once again, you are super helpful Nicole

Thank you for all your help!!

I have found out by trial and error that selling lower priced items are where you make the money.

Hi Nicole. Will you please explain again how to figure out a STR. Thanks for this video... love it.

This was so helpful!!!

This is my go to video.

THANK YOU FOR SHARING 💗 💗

Then there is the cost of goods that DIDN'T sell.

Good info.Thank you.❤️

OMG! Thank you so much! I've been trying to figure this out on my own, with my own equations! You just simplified everything for me! The one thing I'm having a hard time figuring out is my sell through rate... What time period do you use to calculate this!? Also, one random question, when did you decide to open up your business account and how is your business set up!? LLC? Corporation? Or Sole Proprietorship!? Thank you again! Very informative!!!

I love this! I've made an excel spreadsheet to track and test. Numbers make a business. Thank you! Thank you! Thank you!

Just found your channel! Brilliant! Thank you! Your comments about knowing your numbers is soo good! I am an Amazon seller and this cannot be said enough. One question (and perhaps this is a good one for another future video): how to automate listing creation so it doesn't take as long?

Anndd...: that is why I can’t do what you do. I couldn’t even get through basic algebra!! Lol. But I’m gifted with my writing. Love your videos!!!

Girrrl 😍 THANK YOU!

My gf loves math. She just started in POSHMARK, she’s excited. She made more than 100.00 in 3 weeks! She sold a item about every three days. She is started watching your videos with me and is so motivated. Thank you

Great video thanks.

I start using Posh a year ago when I was left with a huge box of high end makeup that I was planning to sell in Europe but the market is small there and financially they are not doing well so I sold some of my makeup. Then a coworker told me about the app so I could sell there and get my money back. I end up making 2,000$ between Posh and Mercari and even though I would love to have it as a side job I rarely make sales and I think I’m going to quit both apps after I sell all of my stock.. I’m glad that there are people doing well cause it’s fun and not stressful!

Thanks lovely!!!

This one was excellent!

Thank you Nicole! Your videos got me interested in selling online! My sell through rate is REALLY sad. I was in the process of moving and listing barely anything and sold just a small amount. So I am guessing that taking the average for the year makes more sense to figure out my ASP than to just use the last 3 months which don't really reflect my normal business. For now, I think I need to block out time and list - just to get things moving again.

❤️thank you!!

Thank you!!!!!

You are so generous!

Good idea to work out these numbers but your maths only works if you're starting from zero listings every month. It doesn't take into account the older items that are selling alongside the newer ones. For example in Feb only 80 of my 200 sales were listed in February.

This was hugely helpful! Thank you! I have GOT to decrease the amount of time it takes me to post a listing.

Thank you

Buying items at 2$, cost of goods, market research, combined, best results ever🤟🏽💯👀🔥

I'm going to give this a go :) thanks Nicole. Im a new subbie and I'm finding your channel so informative! I sell part time and work full time at a retail job so would like to know how much I need to list daily (eBay and Vinted, I'm uk) so I can eventually leave my job. I just don't know to how find my average sale price on eBay or my sell through rate :/

Nicole you're awesome.

How do you figure in shopping, prepping an item prior to posting, shipping an item and work on budgeting and finances?

I would love to know how many hours it takes you to source as well and average COG sold ect in deeper. Also this was very informative as always, encouraging!

Can you post a video or equation showing the number of shares or other activity would correspond to this calculation? This is extremely helpful!