Poshmark has apparently learned a lesson in consumer behavior: Customers don’t always take kindly to higher prices from added fees. The resale marketplace is abandoning new seller fees just a ...

Poshmark tried hiking fees in October but quickly backtracked after fierce backlash. Read on to learn what happened and why ...

[Update as of 10/22/24]: Less than a month after Poshmark unveiled a new fee structure to improve customer transparency and boost seller revenue, the company has decided to revert back to its old ...

Poshmark’s original fee structure will become effective this Thursday, October 24. It’s also issuing sellers a rebate for the difference in seller fees on listings created or edited during the ...

Customers revolted, leaving Poshmark sellers stranded: For many, the loss of sales was worse than any savings they pocketed from the reduced fees, Chandra wrote in an apology blog post last week.

Earlier this month, Poshmark introduced a new fee structure to replace the original 20% seller fee. The new structure included a 5.99% fee for sellers and a 5.99% "protection fee" for buyers.

Shortly after the social marketplace Poshmark announced it would lower selling fees and increase fees for buyers, the company decided to revert to its original fee structure following outrage among ...