Key Statistics for Figs
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #38
- Total Revenue: $297210
- Items Sold: 9941
- Average Sale Price: $30
- Unique Sellers: 5506
- Average Sales Per Day: 321
- Average Days to Sell: 17 days
Overview of Figs
Figs generated $297,210 in total revenue last month across 9941 items sold by 5506 unique sellers. The average item price was $29.90, and items took an average of 17.09 days to sell. The brand ranked 38th on the platform.
Market Position of Figs
Figs is performing well compared to the overall marketplace. While the average revenue per sale for Figs is lower at $29.90 compared to the marketplace average of $40.38, the brand's median sale price exceeds the marketplace median of $24. Additionally, Figs products sell significantly faster, averaging 17.09 days to sell versus the marketplace average of 2008.52 hours (approximately 83.7 days).
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 35 | Levi's | $352489 | 14149 | $25 | 10655 | 53 days |
| 36 | Michael Kors | $350374 | 9142 | $38 | 6641 | 78 days |
| 37 | Everlane | $305338 | 8564 | $36 | 5511 | 51 days |
| 38 | Figs | $297210 | 9941 | $30 | 5506 | 17 days |
| 39 | Celine | $296695 | 1168 | $254 | 970 | 30 days |
| 40 | Dr. Martens | $295152 | 4585 | $64 | 3955 | 12 days |
| 41 | Birkenstock | $294933 | 5503 | $54 | 4276 | 18 days |
Sales Performance of Figs
Figs averaged 320.68 sales per day last month. With a total of 9941 items sold, the total revenue reached $297,210, reflecting a strong demand for the brand. The average price per sale was $29.90, which is slightly lower than the marketplace average of $40.38, but the quicker turnover compensates for the price differential. The brand's rank of 38 suggests it is a popular choice on Poshmark.
Top Sellers of Figs on Poshmark
The top three sellers, chelseajes ($1545.00), beandeals ($1137.00), and roselelevich ($1088.00), collectively generated $4770.00, which accounts for about 1.6% of the total revenue. This indicates a relatively even distribution of sales across many sellers rather than heavy reliance on top sellers.
Top Sellers List
- chelseajes - Revenue: $1545.00
- beandeals - Revenue: $1137.00
- roselelevich - Revenue: $1088.00
Recommendation 👍
Figs is in a strong position with fast-selling items and a competitive median price point. Although the average price per sale is lower than the marketplace average, the quick turnover and steady demand make it a favorable brand for sellers.
Suggestions for Sellers:
Sellers should focus on sourcing Figs items due to their quick sales cycle. To maximize profits, consider bundling items or offering discounts to increase the average sale price closer to or above the marketplace average. Additionally, maintaining competitive pricing will help sustain the strong sales momentum.