“Social commerce is making an impact on the industry due to companies like Poshmark. The digital fashion marketplace builds on social media’s role in the fashion industry by integrating shopping with social recommendations, giving customers a place to connect and seek advice as they build out their wardrobe.”
“Underneath Poshmark there is a very active community that helps you, that supports you, that encourages you, and that’s why so many Poshers have become full time sellers or resellers, owning their own boutiques and are building their own brands today.”
“When we started the next journey, we wanted to create a social platform, but we also wanted to make it very easy to post things and create things. When the iPhone 4 came out in 2010, we finally found a platform that was sort of the trigger. And today, of course, we do everything on our phones. But seven to eight years back, it seemed like a big leap of faith.”
Lots of people have a side hustle these days but what if you could turn your side hustle into a full-fledged business. One local entrepreneur is doing just that and she got started using the website Poshmark.
FOX Business’ Maria Bartiromo talks to Poshmark CEO Manish Chandra about social shopping and the company’s growth.