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Poshmark Partners with Canada Post Amidst Rising Shipping Costs

June 30, 2023 by Fintech Newsdesk Leave a Comment

Recent analysis from Statistics Canada shows that while e-commerce sales have stabilized since the pandemic boom, they remain well above pre-pandemic levels.

While the resumption of in-store operations has led consumers and businesses to transition closer to pre-pandemic shopping preferences, e-commerce remains a popular method of shopping.

With that comes the need for e-commerce retailers to invest in logistical capabilities to create a sustainable, consumer-focused ecosystem.

Poshmark is a leading fashion resale marketplace powered by a vibrant community and real-time social experiences.

To offer the best experience for users, Poshmark Canada has named Canada Post as its exclusive domestic shipping partner for the next three years.

This new partnership offers the over 5 million Canadians on the social marketplace a sustainable and secure way to send and receive goods, with unparalleled reach and access.

This agreement offers a reliable, cost-effective solution amid ongoing inflation and rising shipping costs that have impacted retail businesses and consumers.

It also moves forward both Poshmark Canada’s and Canada Post’s commitment to sustainability, promoting a more circular economy by making it easy to buy and sell pre-loved items and shipping all goods using carbon-neutral expedited shipping services.

Filed Under: News Tagged With: Poshmark

 
 

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