Banana Republic Sales Stats on Poshmark
Current Banana Republic performance metrics on Poshmark (last 30 days)
- Revenue Rank: #105
- Total Revenue: $137697
- Items Sold: 5692
- Average Sale Price: $24
- Unique Sellers: 4669
- Average Sales Per Day: 184
- Average Days to Sell: 10 days
How Banana Republic Performs on Poshmark
Banana Republic achieved total revenue of $137,697 with 5,692 items sold last month, holding the 105th rank among 1,000 brands on Poshmark.
With a rank of 105 out of 1,000 brands on Poshmark, Banana Republic commands approximately 0.01% of the marketplace share, indicating a competitive presence in the resell environment.
Banana Republic sits alongside the top 10 brands with similar revenue figures but significantly lower average price points, showcasing room for increased growth. The brand's steady revenue amidst a fluctuating marketplace underscores its adaptability to current shopping trends.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 102 | Clare V | $143274 | 1026 | $140 | 744 | 19 days |
| 103 | Ann Taylor | $141462 | 6731 | $21 | 5362 | 69 days |
| 104 | Aerie | $140151 | 8320 | $17 | 5797 | 37 days |
| 105 | Banana Republic | $137697 | 5692 | $24 | 4669 | 10 days |
| 106 | Spanx | $137194 | 3920 | $35 | 3059 | 10 days |
| 107 | Van Cleef & Arpels | $137045 | 189 | $725 | 150 | 83 days |
| 108 | Valentino Garavani | $136791 | 493 | $277 | 452 | 66 days |
Banana Republic Pricing & Sales Data
Banana Republic's average selling price of $24.19 is slightly above the overall marketplace median of $24, positioning it as a mid-range brand on Poshmark. The pricing strategy appeals to budget-conscious shoppers while maintaining a value perception.
The brand averages 9.83 days to sell items, which is significantly faster than the overall Poshmark average of approximately 83.69 days (2008.52 hours). With an average of 183.61 sales per day, Banana Republic demonstrates strong sales velocity relative to the platform.
In comparison to direct competitors, such as Eileen Fisher and Ann Taylor, Banana Republic’s revenue and average price suggest it competes well within its rank range. The brand's performance notably reflects a distinguished niche within the mid-range segment unlike higher-priced brands like Clare V.
Banana Republic competition on Poshmark
There are 4,669 unique sellers offering Banana Republic items, indicating a varied competitive landscape. This level of seller activity suggests moderate competition, with multiple sellers vying for visibility and sales.
Most Successful Banana Republic Sellers
- bargainbanana - Monthly Revenue: $1043.00
- salemsdresser - Monthly Revenue: $907.00
- eagleservices23 - Monthly Revenue: $872.00
Should You Resell Banana Republic on Poshmark? 👍
Banana Republic is a favorable brand for Poshmark resellers due to its strong sales velocity and mid-range pricing, making it appealing to a broad customer base.
With typical sourcing costs for Banana Republic items being lower than the average sale price on Poshmark, resellers can expect a positive ROI after accounting for platform fees and shipping costs.
Challenges include the high competition among a large number of sellers and potential price volatility influenced by consumer demand trends on Poshmark.
Tips for Selling Banana Republic
- Utilize Poshmark's sharing features to increase visibility for listings.
- Engage with the Poshmark community by following and sharing other users' listings to garner reciprocal support.
- Maintain competitive pricing by regularly monitoring similar listings within the Banana Republic niche.
- Highlight brand sustainability or seasonal collections in listings to attract niche buyers.
- Experiment with bundled offers on multi-item sales to increase average order value.