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
The President recently signed an order barring corporations from buying single family homes.
1 hour ago
If consumed the product could prove fatal for those with a peanut allergy.
1 hour ago
She missed out on the car by just one number, which must have been painful.
1 hour ago
Regional grocers had a fantastic performance as they took the top three spots in the rankings.
1 hour ago
They wished to remain anonymous and took some time to seek financial and legal advice.
4 hours ago
Increased consumer spending, exports, government expenditure, and investment drove the U.S. economy's 2.5% annualized growth rate.
6 hours ago
"The A was a good guess but the B or the O could be used. Q is a rare letter but not frequently used here," a fan reacted.
12 hours ago
She had a good feeling about the item when she saw it but she wasn't sure of its value.
1 day ago
The overhaul comes as a direct result of the Trump administration's aggressive budget cuts.
1 day ago
She did not put a foot wrong in her performance which left fans and the cast impressed.
1 day ago
He also credited US President Donald Trump for his vision of re-industrialization with AI.
1 day ago
His comments were made in response to a Danish pensioner pulling their investment from the US.
1 day ago
This ruling reflects growing trade tensions between the US and Europe amidst the Greenland crisis.
1 day ago
She did not win much but it would have been better than going home empty-handed.
1 day ago
Brian Moynihan told Fox that a number of factors will contribute to the US GDP growth.
2 days ago
The President has a desire to take control of Greenland, threatening allies with tariffs.
2 days ago
It seems like the people of Denmark are replying to the US by using their own tactics.
2 days ago
It is part of a program running from 2017 which has seen almost $7 billion in payouts.
2 days ago