Key Statistics for Gucci
The following data represents performance for the last month on Poshmark.
- 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
Overview of Gucci
Gucci achieved strong sales on Poshmark last month, generating $2,134,681 in revenue from 9307 items sold. The average price per item was $229.36, significantly higher than the platform-wide averages. Gucci ranked 2nd overall in sales performance.
Market Position of Gucci
Gucci remains a high-end brand on Poshmark, with an average price per item of $229.36, far exceeding the marketplace-wide average of $40.38. Additionally, Gucci's average days to sell (48.05 days) are much faster than the marketplace average of 2008.52 hours (~83.69 days). This indicates strong demand for the brand compared to others.
| 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 |
Sales Performance of Gucci
The total revenue of $2.13M from 9307 items sold shows that Gucci continues to be a lucrative brand on Poshmark. The average price of $229.36 is nearly six times higher than the average platform sale price, illustrating that buyers are willing to pay a premium for Gucci products. Sellers are also able to move items fairly quickly, with an average sale time of 48.05 days, much quicker than the platform average of 83.69 days.
Top Sellers of Gucci on Poshmark
Top Gucci sellers bag_byzoey ($24,859), rebag ($15,463), and gglam_ ($13,048) collectively earned $53,370. These top sellers likely employ strategies such as offering high-demand products (like handbags) and maintaining competitive pricing. bag_byzoey, in particular, outperformed others by a significant margin, likely through a combination of high inventory turnover and premium pricing.
Top Sellers List
- bag_byzoey - Revenue: $24859.00
- rebag - Revenue: $15463.00
- gglam_ - Revenue: $13048.00
Recommendation 👍
Gucci's high revenue, quick sales, and premium average price make it a strong brand for sellers. The brand's ability to move items faster than the marketplace average and achieve significantly higher prices justifies a positive recommendation.
Suggestions for Sellers:
Sellers should focus on sourcing high-demand Gucci items like handbags, shoes, and accessories. Price competitively, but leverage Gucci's brand equity to maintain premium pricing. Additionally, sellers should optimize listings with high-quality photos and detailed descriptions to attract buyers and reduce time to sell.