Fendi Sales Stats on Poshmark
Current Fendi performance metrics on Poshmark (last 30 days)
- Revenue Rank: #32
- Total Revenue: $370421
- Items Sold: 1560
- Average Sale Price: $237
- Unique Sellers: 1269
- Average Sales Per Day: 50
- Average Days to Sell: 30 days
How Fendi Performs on Poshmark
In the past month, Fendi generated $370,421 in revenue from 1,560 items sold, maintaining a rank of 32 among all brands on Poshmark.
Fendi holds a position within the top 3.2% of brands on Poshmark, contributing to a sizable market share in the luxury segment, reflective of robust demand for high-end fashion.
Fendi's revenue of $370,421 is a notable gap from the top 10 brands' average of $1,375,901. This suggests growth potential for Fendi, especially as luxury fashion trends continue to solidify on Poshmark.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 29 | Athleta | $384515 | 15546 | $25 | 9723 | 35 days |
| 30 | Hermes | $377226 | 1388 | $272 | 1053 | 27 days |
| 31 | Vuori | $374993 | 9254 | $41 | 5862 | 18 days |
| 32 | Fendi | $370421 | 1560 | $237 | 1269 | 30 days |
| 33 | Polo Ralph Lauren | $368570 | 11495 | $32 | 8122 | 74 days |
| 34 | Tiffany & Co. | $357644 | 1893 | $189 | 1365 | 19 days |
| 35 | Levi's | $352489 | 14149 | $25 | 10655 | 53 days |
Fendi Pricing & Sales Data
Fendi's average sale price of $237.45 is significantly higher than Poshmark's median price of $24. This positions Fendi as a premium brand on the platform, catering to buyers seeking luxury items.
With an average of 29.55 days to sell and 50.32 sales per day, Fendi outperforms the overall marketplace average of 2008.52 hours to sell. This quick turnover indicates strong buyer interest in Fendi products on Poshmark.
In the neighboring rank surrounding Fendi, Disney and Athleta show higher sales volumes but lower pricing, demonstrating a trade-off between volume and luxury appeal. Fendi's performance indicates a niche market strategy that could yield higher returns for resellers.
Fendi competition on Poshmark
Fendi has 1,269 unique sellers, which reflects a competitive landscape on Poshmark. Successful sellers can establish themselves by curating quality listings and actively engaging with the community.
Most Successful Fendi Sellers
- elady - Monthly Revenue: $4172.00
- brandcoparis - Monthly Revenue: $3978.00
- estottrunway - Monthly Revenue: $3610.00
Should You Resell Fendi on Poshmark? 👍
Fendi represents a prime opportunity for Poshmark resellers due to its high average sale price and strong sales velocity. The luxury brand attracts affluent buyers looking for designer pieces.
Typical sourcing costs for Fendi items can align well with Poshmark sale prices, allowing for significant profit margins despite platform fees of around 20%. Resellers should aim to acquire items at competitive prices to enhance ROI.
The luxury market on Poshmark may face challenges, including fluctuating buyer interest and competition from other high-end brands. Seasonal trends can also affect sales, prompting precautions during off-peak periods.
Tips for Selling Fendi
- Engage in strategic sharing and networking within Poshmark to boost visibility for Fendi listings.
- Focus on creating high-quality images and compelling descriptions that highlight the luxury aspects of Fendi products.
- Keep abreast of fashion trends and adjust inventory accordingly to meet buyer preferences.
- Experiment with pricing strategies, including bundling items or offering discounts to build a loyal buyer base.
- Utilize Poshmark's social features, such as parties and follower engagement, to connect with potential buyers and enhance sales opportunities.