Alexander Wang Sales Stats on Poshmark
Current Alexander Wang performance metrics on Poshmark (last 30 days)
- Revenue Rank: #249
- Total Revenue: $59296
- Items Sold: 500
- Average Sale Price: $119
- Unique Sellers: 462
- Average Sales Per Day: 16
- Average Days to Sell: 79 days
How Alexander Wang Performs on Poshmark
Alexander Wang generated $59,296 in revenue last month with 500 items sold, holding a rank of 249 among 1000 brands on Poshmark.
Within Poshmark’s marketplace, Alexander Wang occupies a competitive rank of 249. This places it in the upper half, indicating a solid presence among numerous brands but with room for growth and enhanced market share.
Alexander Wang's revenue trails the average of the top 10 brands, which is $1,375,901.10, indicating a considerable gap in market share. The brand is positioned well for growth, especially if it can tap into trending styles and marketing on Poshmark’s platform.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 246 | Luxe | $60515 | 35 | $1729 | 29 | 411 days |
| 247 | Zadig & Voltaire | $60357 | 727 | $83 | 624 | 58 days |
| 248 | Jacquemus | $59354 | 285 | $208 | 259 | 97 days |
| 249 | Alexander Wang | $59296 | 500 | $119 | 462 | 79 days |
| 250 | Born | $59037 | 1839 | $32 | 1561 | 32 days |
| 251 | James Avery | $58863 | 733 | $80 | 398 | 34 days |
| 252 | Filson | $58768 | 695 | $85 | 602 | 44 days |
Alexander Wang Pricing & Sales Data
The average price for Alexander Wang items is $118.59, significantly above Poshmark’s overall marketplace median sale price of $24. This positions the brand in the premium pricing category, appealing to buyers seeking higher-end fashion options.
Alexander Wang has an average sales velocity of 16.13 items sold per day and an average of 79.49 days to sell, which is slower than the overall Poshmark average of 2008.52 hours. This suggests a need for improved listing exposure and engagement to enhance sales speed.
In comparison to neighboring brands, Alexander Wang's revenue of $59,296 is higher than brands ranked lower such as Born and James Avery, indicating a competitive edge. Meanwhile, brands like Gymshark and Zadig & Voltaire demonstrate higher sales volumes, showcasing more significant competition in Poshmark's marketplace.
Alexander Wang competition on Poshmark
There are 462 unique sellers offering Alexander Wang items on Poshmark, reflecting a moderately competitive landscape. The variety of sellers may impact individual seller success rates, as they all vie for buyer attention in a social commerce environment.
Most Successful Alexander Wang Sellers
- liciatrades - Monthly Revenue: $1290.00
- annali157 - Monthly Revenue: $1215.00
- eleraa - Monthly Revenue: $870.00
Should You Resell Alexander Wang on Poshmark? 👎
While Alexander Wang has a favorable brand reputation, its slower sales velocity and higher price point make it less ideal for Poshmark resellers. Resellers may face challenges in achieving quick turnover and profit.
Considering average costs of sourcing and Poshmark's platform fees, the ROI could be lower due to the high price point and competitive landscape. Sellers must ensure that their items are well-priced and in-demand to maximize profit margins.
Key challenges include stiff competition from both direct competitors and brands with lower price points. Seasonal trends and changes in buyer interest can also impact sales velocity and overall performance on Poshmark.
Tips for Selling Alexander Wang
- Enhance visibility by proactively sharing listings and leveraging Poshmark parties to promote Alexander Wang items.
- Utilize engaging photography and detailed descriptions to entice buyers, showcasing the high-quality and exclusivity of the brand.
- Keep a close eye on market trends and adjust pricing strategies accordingly to remain competitive while retaining a premium brand image.
- Foster relationships within the Poshmark community by engaging with potential buyers through comments and sharing, increasing social proof for items.
- Consider bundling items or offering discounts on multiple purchases to increase sales velocity and encourage quicker turnover.