Key Statistics for Chanel
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #3
- Total Revenue: $1988036
- Items Sold: 5162
- Average Sale Price: $385
- Unique Sellers: 3453
- Average Sales Per Day: 167
- Average Days to Sell: 45 days
Overview of Chanel
Chanel generated $1,988,036 in revenue with 5162 items sold, averaging $385.13 per sale. The brand ranked 3rd overall with 3453 unique sellers.
Market Position of Chanel
Chanel outperformed the overall marketplace with an average sale price of $385.13 compared to the marketplace average of $39.74. The brand's items sold more quickly, averaging 44.53 days compared to the marketplace average of approximately 84.2 days.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 1 | Louis Vuitton | $2367237 | 7299 | $324 | 4338 | 30 days |
| 2 | Gucci | $2118577 | 9368 | $226 | 6669 | 43 days |
| 3 | Chanel | $1988036 | 5162 | $385 | 3453 | 45 days |
| 4 | Lululemon Athletica | $1353703 | 39423 | $34 | 20401 | 16 days |
| 5 | Nike | $1069782 | 41246 | $26 | 26428 | 26 days |
| 6 | Free People | $917834 | 22979 | $40 | 13590 | 19 days |
Sales Performance of Chanel
Chanel's average sales per day were 166.52, indicating strong daily sales activity. The total revenue of $1,988,036 from 5162 items sold highlights the brand's high demand and premium pricing strategy.
Top Sellers of Chanel on Poshmark
Top sellers ellesluxury4u, cometcollection, and alisa_treasure generated significant revenue with $58,649, $40,970, and $28,562 respectively. These sellers contributed notably to Chanel's overall performance, showcasing effective sales strategies and inventory management.
Top Sellers List
- ellesluxury4u - Revenue: $58649.00
- cometcollection - Revenue: $40970.00
- alisa_treasure - Revenue: $28562.00
Recommendation 👍
Chanel's strong sales performance, high average sale price, and quicker turnover rate compared to the overall marketplace indicate a well-performing brand with significant demand.
Suggestions for Sellers:
Sellers should consider focusing on high-demand Chanel items, optimize pricing strategies to maintain premium pricing, and use effective marketing to sustain high sales velocity. Additionally, learning from the top sellers' strategies could benefit newer or lower-performing sellers.