Gap Sales Stats on Poshmark
Current Gap performance metrics on Poshmark (last 30 days)
- Revenue Rank: #68
- Total Revenue: $210280
- Items Sold: 12807
- Average Sale Price: $16
- Unique Sellers: 10144
- Average Sales Per Day: 413
- Average Days to Sell: 95 days
How Gap Performs on Poshmark
In the past month, Gap generated a total revenue of $210,280 with 12,807 items sold, ranking 68 out of 1,000 brands on Poshmark.
Gap holds a market share of approximately 2.4% within Poshmark's seller community, situated among brands that are highly competitive. Its ranking indicates a solid but modest presence in the larger resale marketplace context.
Gap's revenue of $210,280 sits significantly below the average revenue of top 10 brands, which is $1,375,901.10. This gap in performance highlights the potential for growth within Poshmark’s social commerce dynamics, particularly if they can enhance brand desirability and sale pricing.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 65 | Lauren Ralph Lauren | $214292 | 6856 | $31 | 5542 | 90 days |
| 66 | Salvatore Ferragamo | $212960 | 2093 | $102 | 1801 | 85 days |
| 67 | Doen | $212768 | 1617 | $132 | 1162 | 18 days |
| 68 | Gap | $210280 | 12807 | $16 | 10144 | 95 days |
| 69 | Under Armour | $206792 | 12043 | $17 | 8729 | 68 days |
| 70 | The North Face | $198435 | 6258 | $32 | 5202 | 7 days |
| 71 | Quince | $198008 | 5312 | $37 | 1828 | 51 days |
Gap Pricing & Sales Data
With an average selling price of $16.42, Gap is positioned within the budget category compared to Poshmark's overall median sale price of $24. This pricing strategy may appeal to value-focused buyers, but could limit higher-end sales opportunities.
Gap's average days to sell is 95.10, which is significantly longer than the overall marketplace average of approximately 83.5 days (2008.52 hours). The brand's average sales per day of 413.13 shows decent activity, but the slower turnover may require strategic pricing adjustments or marketing efforts to enhance sales velocity.
In comparison to neighboring brands, Gap’s revenue is lower than Skims and Lauren Ralph Lauren, despite a higher number of items sold. This difference indicates that while Gap has a wider reach, its pricing strategy may need adjustment to capture a larger share of the sales volume compared to its competitors.
Gap competition on Poshmark
There are 10,144 unique sellers offering Gap items, indicating a competitive marketplace with numerous choices for buyers. This high number of sellers also suggests a diverse seller base which may benefit experienced resellers in navigating the market.
Most Successful Gap Sellers
- tiger_adrian - Monthly Revenue: $331.00
- ipws - Monthly Revenue: $300.00
- midwesternstyle - Monthly Revenue: $286.00
Should You Resell Gap on Poshmark? 👌
While Gap has strong sales volume, its lower average sale price compared to higher-end brands may limit profit margins for resellers. Strategic pricing and promotional efforts are essential to increase the brand's appeal.
Considering a typical sourcing cost of $5-$10 per item and Poshmark's 20% fee on sales over $15, the profit margins can still be attractive for budget-conscious resellers while factoring in potential sell-through rate improvements.
Key challenges for resellers include high competition and potential price erosion due to a saturated market of affordable options. Seasonal sales fluctuations might also affect demand for Gap products.
Tips for Selling Gap
- Utilize Poshmark's sharing features to increase visibility of Gap items.
- Experiment with bundle pricing strategies to enhance perceived value without compromising margins.
- Stay updated on sourcing seasonal items that align with current fashion trends to maximize sell-through rates.
- Utilize lifestyle photography that resonates with Poshmark’s audience to enhance listing appeal.
- Engage with buyers through Poshmark's community features to foster relationships and encourage repeat purchases.