Key Statistics for Burberry
The following data represents performance for the last month on Poshmark.
- 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
Overview of Burberry
Burberry achieved a total revenue of $441,906 from 3,594 items sold last month on Poshmark. The average sale price was $122.96, indicating a premium positioning compared to the overall marketplace.
Market Position of Burberry
Burberry's average price per item ($122.96) is significantly higher than the marketplace average ($40.38) and the median sale price ($24), reflecting its status as a luxury brand. It also ranked 22nd in sales performance, showing strong demand despite a smaller seller base compared to more common brands.
| 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 |
Sales Performance of Burberry
Burberry outperformed the marketplace in terms of average price per sale, with its $122.96 far exceeding the platform average of $40.38. Items sold relatively quickly, with an average of 13.36 days to sell, compared to the marketplace average of 2008.52 hours (approximately 83.69 days). This indicates strong demand and faster turnover for Burberry products.
Top Sellers of Burberry on Poshmark
Top sellers, such as 'dare_' ($5,044), 'suddenbeautyus' ($3,658), and 'bag_byzoey' ($2,845), contributed notable revenue, showcasing the potential for high earnings in this category. These sellers likely have experience in sourcing desirable Burberry items and pricing them effectively to align with consumer demand.
Top Sellers List
- dare_ - Revenue: $5044.00
- suddenbeautyus - Revenue: $3658.00
- bag_byzoey - Revenue: $2845.00
Recommendation 👍
Burberry's strong sales performance, high average price, and fast turnover rate suggest that it is a lucrative brand for Poshmark sellers. The brand's premium pricing and quick sales cycle indicate high demand for Burberry items on the platform.
Suggestions for Sellers:
Sellers should focus on sourcing authentic, high-quality Burberry items to capitalize on the brand's strong demand. Consider pricing competitively within the luxury segment and leveraging fast turnover to maximize profits.