The New Year is associated with a fresh start, a new beginning and a chance to better one’s self. However, it can be difficult to relish in this feeling of renewal when it comes time to receive your credit card bill from all that holiday indulgence.
From shopping for presents, to endless events that require new outfits, the holidays can be fun for everything except your bank account. While getting back into a regular work schedule can be difficult, a side hustle to earn some extra cash doesn’t have to be.
A popular New Year’s tradition is the closet clean-out, ridding your closet of the clothes you no longer wear to minimize clutter or make room for new finds. While the closet clean-out typically ends with clothes being donated or even thrown away, there are ways you can earn money by easily selling your pre-loved clothes, accessories and even home decor.
Poshmark is an online social shopping and selling platform that allows users to easily sell their pre-loved items to a new home. It provides a platform for fashion lovers, clothing hoarders and everyone in between to be able to re-home perfectly good clothes, allowing users to earn extra cash while also contributing to a sustainable shopping experience.
For those looking to refresh their home in the new decade, Poshmark’s home section allows interior design lovers to sell and discover unique home accessories and decor. From extra holiday decorations to decluttering your candle collection, Poshmark gives a platform to sell all things home.
Poshmark compiled data around the items that will earn sellers the most money right now, providing the inside scoop on in-demand brands, and how Canadians can get the most bang for their buck from the clothes and home decor they already own.
Luxury For Less
The collected data shows the women’s fashion brands that will earn sellers the most money right now are Louis Vuitton, Kate Spade and Gucci. This demonstrates that women are seeking luxury items, but for a budget-friendly price. Clothing and accessories that fall under this category are sure to fly off the shelves and earn sellers some quick cash. If you have a Kate Spade bag that sits on your shelf more often than not, it might be worth selling it to a new home.
Men Are Getting Active
Menswear brands that will earn sellers top dollar are Adidas, The North Face and Champion. These brands indicate that men are looking for active and outdoor wear, and are sure to be top-earning and fast-selling items. That North Face jacket you don’t use anymore could be on someone’s wish list.
Canadians Have a Penchant for Entertaining
Home decor is also a popular category on Poshmark, with the top-earning categories dedicated to kitchen, dining, and accent pieces. Poshmark’s data indicates that Canadians are looking to entertain, and want their living spaces and decor to reflect this. From plates to glasses to decorative throw pillows, items in these categories will be the most lucrative for sellers.
Starting 2020 Off Right
Whether you’re paying off credit card debt, saving up for a vacation or sticking to a New Year’s resolution to save more money, a side hustle such as Poshmark can be a quick and easy way to earn extra cash from the comfort of your own home. With these tips and tricks for selling, you can start the new decade off with an increased income, allowing you to achieve those 2020 goals.