ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Mompreneur Turns Passion for Thrifting into $4,000 Monthly Poshmark Revenue

Starting with items from her closet, Jones quickly realized the profit potential and expanded her inventory.
PUBLISHED MAY 6, 2024
Cover Image Source: Unsplash | Photo by Brooke Cagle
Cover Image Source: Unsplash | Photo by Brooke Cagle

Maria Jones, a 32-year-old mother from Garden Valley, California, has turned her passion for thrift shopping into a lucrative online business, grossing nearly $4,000 a month through her Poshmark store, The Lemon Theory. With just 3 to 4 hours of work per day, Jones has managed to build a successful side hustle while juggling the responsibilities of motherhood.

Unsplash | Photo by Brooke Lark
Unsplash | Photo by Brooke Lark

Jones's journey into the world of online thrifting began in October 2017 when her sister encouraged her to open a store on the popular marketplace Poshmark. Starting with items from her closet, Jones quickly realized the profit potential and expanded her inventory to include items sourced from thrift stores and bulk orders.

Today, The Lemon Theory boasts over 1,700 listings and has grossed more than $300,000 on the platform. But Jones' success didn't come overnight—it was the result of hard work, dedication, and a keen eye for profitable opportunities.

"The first thing I sold was my own personal H&M shirt," recalls Jones. "I sold it for $8, my earnings on it was $5." This initial success sparked Jones' entrepreneurial spirit, prompting her to dedicate her Poshmark earnings to paying off her student loans.

With about $25,000 in student debt looming over her, Jones worked tirelessly on her Poshmark store after hours, even after her full-time job at airplane maintenance company Pauli Systems. By the start of the Covid-19 pandemic in 2020, she had achieved her goal of becoming debt-free, solely through her earnings from Poshmark.

Pexels | Photo by MART  PRODUCTION
Pexels | Photo by MART PRODUCTION

But Jones' entrepreneurial journey didn't stop there. Just before the pandemic hit, she realized that Poshmark offered an opportunity to start her family a little earlier than planned. With the flexibility of her online business and the solid income it provided, Jones decided to leave her job at Pauli Systems when her daughter was born in December 2020.

"I'd be feeding my baby and sharing my closet," Jones recalls of those early days. Despite the challenges of balancing motherhood and entrepreneurship, Jones never stopped putting time into her store, constantly looking for ways to scale her business.

One of Jones' tactics for scaling her business involved buying pallets of clothing with hundreds of pieces each from sites like Helpsy. These pallets contained a variety of items, ranging from brand new to gently used, which Jones meticulously inspected, washed, and sold secondhand.

"On average, an item from each box can be about $8, but you can sell it for $40," explains Jones. This strategy allowed her to maximize her profits while providing customers with affordable, quality clothing options. During the period spanning from April 2023 to March 2024, Maria Jones amassed approximately $45,000 in revenue from her Poshmark store.

Among her top-selling items are plus-sized bras, which she acquires for around $6 and swiftly resells for $20 to $30 each due to their scarcity in the secondhand market. Jones aims to explore the potential of selling high-end, designer items in the future, acknowledging the additional effort and research required. She highlights the financial dynamics involved, noting that while selling a secondhand designer item for $400 after purchasing it for $200 yields a profit of $150, there is also a risk of holding onto unsold inventory. Jones works about three to four hours per day, often around her daughters' schedule. "My husband jokes that he wants to quit his job to join me," says Jones with a smile.

MORE ON MARKET REALIST
For people with allergies, exposure to some of the allergic ingredients can trigger a wide range of reactions.
2 hours ago
Numbers gathered by economists show that Trump's claims in his WSJ piece are misinformed at best.
3 hours ago
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
1 day ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
1 day ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
1 day ago
Members are now required to scan their membership cards simply to get inside a Costco store.
1 day ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
2 days ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
2 days ago
The city's law dictates that all businesses using such surveillance tech must make it public.
2 days ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
2 days ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
2 days ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
2 days ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
2 days ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
3 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
3 days ago
The contestant took the advice of her man, who was in the studio audience.
3 days ago
Under this scheme, home buyers will have three years to pay the down payment.
3 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
3 days ago