Gucci Sales Stats on Poshmark
Current Gucci performance metrics on Poshmark (last 30 days)
- Revenue Rank: #2
- Total Revenue: $2134681
- Items Sold: 9307
- Average Sale Price: $229
- Unique Sellers: 6669
- Average Sales Per Day: 300
- Average Days to Sell: 48 days
How Gucci Performs on Poshmark
In the past month, Gucci achieved a total revenue of $2,134,681, sold 9,307 items, and ranked 2 out of 1,000 brands on Poshmark.
Gucci holds a significant market share as it ranks 2nd among all brands on Poshmark, contributing to the competitive luxury segment. With a revenue share of approximately 8% of the overall luxury brand sales, it illustrates a robust foothold within the marketplace.
Gucci's revenue gap of approximately $130,000 compared to the leading brand, Louis Vuitton, suggests a strong potential for growth in the luxury category. The performance in the top 10 brands indicates a healthy interest in luxury goods, with Gucci benefitting from the social commerce aspect of Poshmark.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 1 | Louis Vuitton | $2641031 | 7827 | $337 | 4767 | 31 days |
| 2 | Gucci | $2134681 | 9307 | $229 | 6669 | 48 days |
| 3 | Chanel | $2093122 | 5215 | $401 | 3551 | 45 days |
| 4 | Lululemon Athletica | $1570367 | 46222 | $34 | 22611 | 13 days |
| 5 | Nike | $1210709 | 42352 | $29 | 27272 | 25 days |
Gucci Pricing & Sales Data
The average selling price for Gucci items on Poshmark is $229.36, which is significantly higher than the marketplace median sale price of $24. This positions Gucci as a premium brand, attracting shoppers willing to invest in high-quality, luxury items.
Gucci's average days to sell is 48.05, which is slower than the overall marketplace average of 2008.52 hours. The brand's average sales per day at 300.23 exceeds the overall average of 670.88 daily sales for top brands, indicating strong demand relative to its premium pricing.
Compared to direct competitors, Gucci's $2,134,681 in revenue positions it closely to Chanel and Louis Vuitton, ranking 2nd in sales among luxury brands. Both competitors have slightly higher revenues and average prices, suggesting opportunities for Gucci sellers to leverage its desirability while facing intense competition.
Gucci competition on Poshmark
There are 6,669 unique sellers offering Gucci items on Poshmark, illustrating a vibrant but competitive seller landscape. The brand's seller success rate is promising, given its high revenue and average price points, but competition may dilute individual seller performance.
Most Successful Gucci Sellers
- bag_byzoey - Monthly Revenue: $24859.00
- rebag - Monthly Revenue: $15463.00
- gglam_ - Monthly Revenue: $13048.00
Should You Resell Gucci on Poshmark? 👍
Gucci's high revenue and consistent sales suggest it's a lucrative option for Poshmark resellers, especially those targeting the luxury market. The brand's demand is strong, which enhances chances for successful sales.
Sourcing Gucci items may involve higher upfront costs, but resale values justify these costs, especially when considering Poshmark's fees. The profit margins remain attractive for luxury items, particularly in a marketplace seeking quality.
Competition from similar high-end brands could affect sell-through rates, alongside price fluctuations within luxury markets. Seasonal trends may also impact demand, requiring proactive sales strategies.
Tips for Selling Gucci
- Utilize Poshmark's sharing features to boost visibility of Gucci listings.
- Highlight the brand's exclusivity and uniqueness in item descriptions to attract premium buyers.
- Engage with the Poshmark community by sharing items and participating in Posh Parties focused on luxury brands.
- Monitor competitive listings to adjust pricing and stay competitive without undervaluing items.
- Consider bundling items for sale to increase average order value and provide an attractive offering to shoppers.