Chico's Sales Stats on Poshmark
Current Chico's performance metrics on Poshmark (last 30 days)
- Revenue Rank: #94
- Total Revenue: $154898
- Items Sold: 7840
- Average Sale Price: $20
- Unique Sellers: 5129
- Average Sales Per Day: 253
- Average Days to Sell: 51 days
How Chico's Performs on Poshmark
Chico's generated a monthly revenue of $154898 from the sale of 7840 items, ranking 94 out of 1000 brands on Poshmark.
Chico's holds a position in the top 10% of all Poshmark brands, specifically ranked 94 out of 1000, indicating a robust presence within the marketplace. With a substantial share of sales and an engaging product portfolio, it remains competitive among other brands in the sector.
Chico's revenue of $154898 places it significantly below the top 10 brands' average revenue of $1375901.10, highlighting a gap in growth potential. However, its high sales volume could suggest a trend towards lower-priced, higher-volume sales in Poshmark's evolving marketplace dynamics.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 91 | Carhartt | $156328 | 5422 | $29 | 4245 | 9 days |
| 92 | Mcm | $155799 | 1055 | $148 | 723 | 26 days |
| 93 | Sorel | $155418 | 3546 | $44 | 2804 | 20 days |
| 94 | Chico's | $154898 | 7840 | $20 | 5129 | 51 days |
| 95 | Loewe | $152967 | 512 | $299 | 456 | 49 days |
| 96 | L.l. Bean | $150953 | 5251 | $29 | 4136 | 12 days |
| 97 | Goyard | $148507 | 210 | $707 | 167 | 36 days |
Chico's Pricing & Sales Data
Chico's average sale price of $19.76 is significantly below Poshmark's overall marketplace median sale price of $24, indicating a budget-friendly positioning strategy. This pricing may attract a wide range of buyers seeking value, but it reflects a lower average price range compared to many premium brands on Poshmark.
With an average of 50.56 days to sell, Chico's items lag behind the overall marketplace average of approximately 2008.52 hours (approximately 83.7 days). Its average sales per day at 252.90 indicates consistent movement, although prolonged sales cycles may impact stock refresh rates and attractiveness to buyers on Poshmark.
In comparison to neighboring brands, Chico's revenue and item sales align closely with similar rank competitors such as Carhartt and Fp Movement by Free People. Despite a lower average sale price, Chico's outsold many by volume, indicating a potential strength in high turnover.
Chico's competition on Poshmark
Chico's has engaged 5129 unique sellers, demonstrating a vibrant competition landscape on Poshmark. This expansive seller base may enhance seller success rates but increases competition intensity, necessitating distinct strategies to stand out.
Most Successful Chico's Sellers
- zenaidalin - Monthly Revenue: $902.00
- wbiser - Monthly Revenue: $794.00
- krisbutler111 - Monthly Revenue: $759.00
Should You Resell Chico's on Poshmark? 👍
Chico's strong sales volume and unique engagement with diverse sellers position it favorably for Poshmark resellers. The competitive price point may also attract budget-conscious buyers.
With sourcing costs likely being lower due to Chico's pricing strategy, ROI for resellers can remain favorable when accounting for platform fees and sell-through rates at lower prices.
Resellers should be mindful of the intense competition within Chico's category and the potential for fluctuating demand in seasonal sales, which may affect inventory turnover.
Tips for Selling Chico's
- Utilize Poshmark's sharing feature to keep your listings visible and engaged among followers.
- Bundle Chico's items for better value perception and increased sales potential.
- Leverage social media to promote unique Chico's pieces, highlighting their affordability to attract Poshmark's budget-focused audience.
- Monitor pricing trends on Poshmark to adjust strategies in response to shifts in competition and consumer demand.
- Sell consistently and create engaging listings with high-quality photos to enhance visibility and appeal.