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When should you send an offer?

Writer's picture: Roxie AguinigaRoxie Aguiniga

The Art of the Offer: How Quickly Should You Woo Buyers on Poshmark & Beyond?

Selling on platforms like Poshmark, Depop, and Mercari can be a fantastic way to declutter, earn some extra cash, and even build a thriving side hustle. But success isn't just about taking good photos and writing compelling descriptions. It's also about understanding the nuances of online selling, including one crucial question: How quickly should you send an offer to a potential buyer?

The answer, as with most things in life, isn't a simple "yes" or "no." It depends on several factors, and striking the right balance can be the difference between a sale and a missed opportunity.

The Immediate Offer: Pros and Cons

  • Pros:

    • Strike While the Iron is Hot: If someone likes your item, they're clearly interested. An immediate offer shows initiative and might just seal the deal before they find something similar elsewhere.

    • Stand Out from the Crowd: In a sea of listings, a proactive seller can make a positive impression.

    • Faster Turnover: A quick sale means less time holding inventory and more cash in your pocket.

  • Cons:

    • Appearing Desperate: A too-eager offer can make it seem like you're desperate to sell, potentially signaling that your price is too high to begin with.

    • Undercutting Yourself: You might be settling for less than the item is worth if you immediately offer a discount.

    • Ignoring Potential Negotiation: Some buyers prefer to initiate the offer process themselves, and jumping the gun can deter them.

The Delayed Offer: Pros and Cons

  • Pros:

    • Allows for Consideration:Giving the buyer time allows them to fully assess the item, ask questions, and weigh their options.

    • Demonstrates Confidence: A delayed offer can project confidence in the quality and value of your item.

    • Leaves Room for Negotiation:Waiting for the buyer to make the first move allows you to gauge their interest and negotiate accordingly.

  • Cons:

    • Risk of Losing the Sale: The buyer might find a better deal elsewhere while they're waiting.

    • Lost Momentum: The initial excitement of liking the item might fade over time.

    • Missed Opportunity:Waiting too long could mean missing out on a potential sale altogether.

So, What's the Sweet Spot?

Here's a breakdown of factors to consider when deciding when to send an offer:

  • Platform Dynamics:

    • Poshmark: The "Offer to Likers" feature is highly encouraged, and a relatively quick response (within a few hours, or even minutes) is generally expected.

    • Depop: Depop tends to be more casual. Responding to likes with an offer is less common, but it's still a good strategy. Consider crafting personalized messages that acknowledge their interest.

    • Mercari: Similar to Poshmark, offers are a common practice. A response within 24 hours is usually acceptable.

  • Item Value:

    • Lower-Priced Items: For inexpensive items, a quicker offer might be more effective. The risk of appearing desperate is lower, and the motivation to buy is often impulsive.

    • Higher-Priced Items: For more expensive items, a delayed offer is often better. Give the buyer time to consider the purchase and ask questions.

  • Item Rarity or Demand:

    • Rare or High-Demand Items: If your item is rare or highly sought after, you can afford to be more patient. The buyer is likely to be more motivated to purchase it, even without an immediate offer.

    • Common Items: For items readily available elsewhere, a quicker offer might be necessary to stand out from the competition.

  • Buyer Activity:

    • Active Likers: If a buyer likes multiple items in your closet, they're likely actively shopping. An offer can incentivize them to make a purchase.

    • Casual Browsers:If a buyer only likes one or two items, they might just be browsing. In this case, waiting a bit longer might be a better strategy.

General Guidelines:

  • Within 1-3 hours: For high-demand or lower-priced items, a quick offer can be effective.

  • Within 24 hours: For most items, responding within 24 hours is a good rule of thumb.

  • After 24 hours (but within a few days):If you haven't received any offers, sending a proactive offer is still a good idea.

Key Takeaways:

  • Context is King:There's no one-size-fits-all approach. Consider the platform, item value, and buyer activity when deciding when to send an offer.

  • Personalization Matters: Instead of sending generic offers, try to personalize your message to show that you're attentive and appreciate their interest.

  • Track Your Results:Pay attention to which strategies work best for your items and your target audience.

Ultimately, mastering the art of the offer is about understanding your customers and providing them with a positive and engaging shopping experience. By striking the right balance between proactive outreach and patient consideration, you can increase your sales and build a thriving online business.


 
 
 

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