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Poshmark reverses decision to lower selling fees after sellers experience a drop in sales
Shortly after the social marketplace Poshmark announced it would lower selling fees and increase fees for buyers, the company decided to revert to its Shortly after Poshmark lowered selling fees and increased fees for buyers, it reverted back to the original fee structure following outrage among sellers.
Chandra added, “The outcome of the change did not meet our expectations, and I sincerely apologize for the disruption and impact that this has had on you.” Additionally, both buyers and sellers were required to pay an extra $1, $2, or $3 based on the total order amount. Many sellers expressed their disappointment on Reddit about the new system, stating that their sales have significantly decreased, possibly due to customers abandoning purchases after seeing the new fee.
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