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 experts addressed that after 11 months in office, Trump is seen as accountable for the economy and inflation rates.
11 hours ago
According to Wright, the growth in property prices will be "flat" by year's end, with a continuing slowdown already apparent.
18 hours ago
The matter of healthcare has become a part of the wider affordability issue Americans face today.
1 day ago
This was perhaps one of the rarest instances in the show's long and storied history.
1 day ago
While share prices are down, there are a lot of things that one needs to consider before investing
1 day ago
Ray had given his twin a piece of advice, but he emphasized the importance of having fun on the show.
1 day ago
The contestants did not let the host off the hook easily, and Harvey was not too comfortable.
2 days ago
This is not a good look for the supermarket chain as infants' lives are at stake.
2 days ago
The protestors have voiced their concerns over the companies bowing down to the President's demands.
2 days ago
Albert Edwards has warned that there are some key elements which will make the fallout worse.
2 days ago
Recent reports suggest that while Walmart's sales have grown the last quarter, Target's are down.
2 days ago
The question might have been risky but everyone on the set seemed to have a great time with it.
5 days ago
Bonus Round winners are becoming few and far in between of late on the show.
5 days ago
The supermarket chain has never opened its doors on the festive day in the last five years.
5 days ago
This item was a favorite among shoppers, who were not happy when it was taken off the shelves
5 days ago
Reports suggest that the average price of a classic Thanksgiving meal has dropped considerably.
5 days ago
The government shutdown saw employment data being withheld, which is not an ideal situation.
6 days ago
The President does however have the people's confidence in issues such as immigration.
6 days ago
It was obviously a mistake without any malicious intent, and no one was slammed.
6 days ago
There are several other items on sale but these deals are a cut above the rest.
6 days ago