The success of resale businesses right now hinges on consumer costs, say the investors of 'Shark Tank'

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MARK CUBAN, ALAN YEOH, AMELIA TRUMBLE
Mark Cuban and the Retold Recycling cofounders closed a deal for $300,000.

Christopher Willard/Getty Images

If you want a side hustle reselling clothing on Poshmark, start by learning the important lingo

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Ally Wang is a Seattle-based seller stylist on Poshmark.
Allyn Wang is a Seattle-based seller stylist on Poshmark.

Courtesy of Ally Wang

Why now may be a good time to buy a used Rolex — if you plan to keep it

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Rolex
The highly coveted Rolex Daytona Ref. 116500 peaked at $48,500 last March before tumbling to about $30,000 in January, where it remains today — but that's still more than double the $14,800 retail price.

Getty/Astrid Stawiarz

How to snag discounts through Beni, an online shopping tool that hunts for resale deals on Poshmark, eBay, and The RealReal

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Beni browser extension on Burberry site
Beni is a browser extension that curates listings from resale marketplaces as you shop online on retailers' websites.

Beni

I've been selling my clothes on Poshmark for 7 months. Here's how the algorithm works and how to get sales and followers.

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The author holds up a shipment box in front of the US post office.
The author ships out another Poshmark order.

Jennifer Ortakales Dawkins/Insider

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