Canon Sales Stats on Poshmark
Current Canon performance metrics on Poshmark (last 30 days)
- Revenue Rank: #290
- Total Revenue: $50022
- Items Sold: 278
- Average Sale Price: $180
- Unique Sellers: 256
- Average Sales Per Day: 9
- Average Days to Sell: 54 days
How Canon Performs on Poshmark
Last month, Canon generated a total revenue of $50022 with 278 items sold, resulting in a rank of 290 out of 1000 brands on Poshmark.
Canon holds a market share of 0.05% within the Poshmark marketplace, ranking 290 out of over 1000 brands. This position reflects moderate visibility and performance compared to its peers.
Compared to Poshmark's top 10 brands, Canon's revenue of $50022 falls significantly short of the average revenue of $1375901.10. The growth trajectory is modest, signaling potential for improvement through enhanced marketing strategies.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 287 | Diane Von Furstenberg | $50525 | 1222 | $41 | 1122 | 40 days |
| 288 | Hello Kitty | $50369 | 1905 | $26 | 1059 | 16 days |
| 289 | John Hardy | $50084 | 184 | $272 | 129 | 107 days |
| 290 | Canon | $50022 | 278 | $180 | 256 | 54 days |
| 291 | Schutz | $49915 | 945 | $53 | 840 | 53 days |
| 292 | Meshki | $49846 | 842 | $59 | 751 | 44 days |
| 293 | Revolve | $49591 | 1030 | $48 | 772 | 39 days |
Canon Pricing & Sales Data
The average price of Canon items at $179.94 is significantly higher than Poshmark’s overall marketplace median sale price of $24. This positions Canon within a premium price range on the platform, catering to a niche audience willing to pay for quality products.
With an average of 53.92 days to sell and 8.97 sales per day, Canon's sales velocity lags behind Poshmark's overall average of 2008.52 hours to sell. This slower turnover may be influenced by the brand's higher price points and specific buyer demographics.
Canon's closest rivals in Poshmark rankings, such as Alexis and John Hardy, show similar revenue figures with varying average prices. This indicates a competitive market where Canon must distinguish itself to enhance its share and performance.
Canon competition on Poshmark
There are 256 unique sellers offering Canon products on Poshmark, indicating a competitive landscape. However, with top sellers generating significant revenue, there are opportunities for new sellers if they can effectively market their inventory.
Most Successful Canon Sellers
- melissademaran - Monthly Revenue: $1800.00
- cherrylooks - Monthly Revenue: $1400.00
- lauryynscloset - Monthly Revenue: $1060.00
Should You Resell Canon on Poshmark? 👌
While Canon has a solid premium positioning, its sales velocity and revenue are lower than average for brands of similar caliber on Poshmark. Sellers should weigh these factors when sourcing and listing.
The typical sourcing costs for Canon products might align well with the selling price, providing a reasonable ROI despite potential platform fees. Effective sourcing can yield decent profit margins.
The overall competition on Poshmark, especially among premium brands like Canon, can lead to price pressure and longer sell-through times. Seasonal demand shifts may also affect performance.
Tips for Selling Canon
- Focus on high-quality listings with compelling photography and detailed descriptions to attract buyers.
- Utilize Poshmark's sharing features to increase product visibility and engagement with potential buyers.
- Engage in community building by following and interacting with other sellers and buyers interested in Canon products.
- Monitor competitor pricing closely to adjust strategies accordingly and remain competitive.
- Consider bundling items or offering discounts on multiple purchases to increase sales velocity.