Burberry Sales Stats on Poshmark
Current Burberry performance metrics on Poshmark (last 30 days)
- Revenue Rank: #22
- Total Revenue: $441906
- Items Sold: 3594
- Average Sale Price: $123
- Unique Sellers: 2966
- Average Sales Per Day: 116
- Average Days to Sell: 13 days
How Burberry Performs on Poshmark
In the last month on Poshmark, Burberry generated a total revenue of $441,906 from 3,594 items sold, ranking 22nd out of 1,000 brands on the platform.
Burberry holds a market share of approximately 0.5% within Poshmark, ranking 22nd out of 1,000 brands. This indicates a competitive yet niche presence in the high-end fashion segment on the platform.
Burberry's revenue of $441,906 contrasts with the top 10 brands' average revenue of $1,375,901.10, showing a pronounced gap, yet its average price point is competitive within the luxury sector and reflects the brand’s positioning and appeal.
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
19 | Kate Spade | $487986 | 12015 | $41 | 7761 | 68 days |
20 | Abercrombie & Fitch | $470476 | 17678 | $27 | 12984 | 38 days |
21 | Vintage | $465961 | 16344 | $29 | 5831 | 71 days |
22 | Burberry | $441906 | 3594 | $123 | 2966 | 13 days |
23 | Dior | $425811 | 3123 | $136 | 2158 | 10 days |
24 | Ugg | $415424 | 9292 | $45 | 7413 | 48 days |
25 | Lilly Pulitzer | $414176 | 11376 | $36 | 7365 | 46 days |
Burberry Pricing & Sales Data
Burberry’s average sale price on Poshmark is $122.96, significantly higher than the overall marketplace median price of $24. Positioned in the premium segment, Burberry offers a high perceived value which appeals to affluent shoppers on Poshmark.
The average days to sell for Burberry items is 13.36 days, notably faster than the overall average of over 2008 hours. With an average of 115.94 sales per day, Burberry's turnover reflects a healthy sales velocity within the luxury segment.
In comparison to brands directly above and below it in ranking, Burberry generated less revenue than Reformation and Kate Spade, yet maintained a higher average sale price. This indicates that while Burberry sells fewer items, it does so at a premium, which can attract a different customer segment.
Burberry competition on Poshmark
There are 2,966 unique sellers for Burberry on Poshmark, indicating considerable competition among resellers. The high number of active sellers suggests a vibrant marketplace, but also intensifies the competition for visibility and sales.
Most Successful Burberry Sellers
- dare_ - Monthly Revenue: $5044.00
- suddenbeautyus - Monthly Revenue: $3658.00
- bag_byzoey - Monthly Revenue: $2845.00
Should You Resell Burberry on Poshmark? 👍
Burberry's strong average sale price and reasonable sales velocity indicate a favorable environment for resellers on Poshmark, particularly for those sourcing premium items.
Resellers should anticipate higher sourcing costs, but the potential profit margins are substantial, especially given Poshmark’s 20% commission on sales above $15.
Increased competition from nearly 3,000 sellers and fluctuating demand for luxury items may pose risks, especially during seasonal sales or trends affecting luxury goods.
Tips for Selling Burberry
- Optimize listings with high-quality images and brand-focused descriptions to attract the right buyers.
- Leverage social interactions, such as sharing listings, to enhance visibility and foster community engagement.
- Track market trends and perform competitive analysis regularly to adjust pricing and inventory accordingly.