Risk: Moderate

Selling on Poshmark can be a moderate-risk side hustle for beginners starting from scratch. While it can be lucrative, there are potential risks involved. Beginners could lose money if they invest in inventory that doesn't sell, spend on unnecessary marketing, or underestimate shipping costs. Time and energy are also at risk, especially if the platform is not well understood or if the individual lacks experience in online selling. Some beginners have spent money on inventory that didn't sell, leading to financial losses. Startup costs for items to sell on Poshmark can range from $50 to $200, and there is a possibility that these costs may not pay off if the items do not attract buyers. Online discussions mention instances of failing to make profits due to competition, pricing errors, or lack of market knowledge.