Poshmark’s Tracy Sun on why community is the future of retail

“Where we really focus is how social enables and unlocks commerce. There’s very few places where you can socially engage and have every engagement point you do translate into a better shopping experience for you — and that’s where Poshmark comes in. The shift to online that was already happening and exploded during the pandemic is not going to go back. Some sort of hybrid is going to happen, and this is where innovation is really possible.”

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Poshmark Hopes to Spark Joy With Marie Kondo This Spring

Spring is here, so ecommerce platform Poshmark has teamed up with tidying expert Marie Kondo on a series of 15-second ads that encourage consumers to let go of items that no longer bring them joy. “By letting go of items with gratitude, you are providing a meaningful opportunity for someone else to experience the joy you once felt,” Kondo added in a statement. “Poshmark is the expert in finding these items a new home and I hope I can help their users further appreciate the relationship they have with their belongings.”

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Poshmark is Australia’s latest ‘social marketplace’, a growing sector which wants to change how young shoppers buy and sell online

The company’s own research suggests 79% of Australians with unworn clothes in their closets reported having nowhere to wear them during lockdowns. In addition, some 28% of respondents claimed to have upwards of $500 in unworn clothing. Australia’s affinity for online shopping and a sea of unworn clothes makes the country an “exciting new frontier” for the social marketplace model, said Alex Constantinides, Poshmark’s director of international expansion.

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