Hammitt Sales Stats on Poshmark
Current Hammitt performance metrics on Poshmark (last 30 days)
- Revenue Rank: #205
- Total Revenue: $73124
- Items Sold: 513
- Average Sale Price: $143
- Unique Sellers: 384
- Average Sales Per Day: 17
- Average Days to Sell: 45 days
How Hammitt Performs on Poshmark
In the past month, Hammitt generated total revenue of $73,124, sold 513 items, and holds a rank of 205 among all brands on Poshmark.
Hammitt accounts for a small percentage of Poshmark's overall marketplace, ranking just outside the top 200 brands. This positioning indicates a niche market share amidst high competition.
Hammitt's performance shows a significant revenue gap compared to the top 10 brands, which average around $1.38 million in revenue. This indicates potential growth opportunities, considering targeted marketing and social commerce strategies in Poshmark’s vibrant marketplace.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 202 | Brooks Brothers | $73809 | 2554 | $29 | 2088 | 24 days |
| 203 | Veja | $73507 | 1190 | $62 | 1082 | 25 days |
| 204 | Loeffler Randall | $73367 | 701 | $105 | 637 | 63 days |
| 205 | Hammitt | $73124 | 513 | $143 | 384 | 45 days |
| 206 | Dolce Vita | $72449 | 1846 | $39 | 1649 | 45 days |
| 207 | Daily Drills | $72269 | 823 | $88 | 499 | 12 days |
| 208 | L'agence | $71861 | 983 | $73 | 828 | 53 days |
Hammitt Pricing & Sales Data
Hammitt has an average price of $142.54, significantly higher than the marketplace median sale price of $24. This indicates a premium pricing strategy, appealing to a more affluent buyer segment on Poshmark.
Hammitt's average days to sell is 45.11, which is slower than the overall average of 2008.52 hours (approximately 83.68 days). With average sales per day at 16.55, the brand maintains a steady sales velocity compared to typical Poshmark sales patterns.
Hammitt ranks closely with neighboring brands like Nfl and Brooks Brothers, which have higher sales volumes but lower average prices. This positioning indicates a competitive landscape, where Hammitt can leverage its premium pricing to attract targeted buyers.
Hammitt competition on Poshmark
There are 384 unique sellers offering Hammitt products, making competition moderate within this niche brand. The success rate for sellers may vary, but the unique seller count suggests a diverse marketplace presence.
Most Successful Hammitt Sellers
- pryncesshell - Monthly Revenue: $3150.00
- jeanne6364 - Monthly Revenue: $2594.00
- nwtbrands2love - Monthly Revenue: $2110.00
Should You Resell Hammitt on Poshmark? 👍
Hammitt's premium pricing and consistent sales suggest it's a solid choice for Poshmark resellers aiming for higher margins. The brand's standing amidst competitive products lends to potential for elevated visibility.
Typical sourcing costs should align approximately with wholesale price points, ensuring a healthy ROI even after Poshmark fees. Given its average sale price, profit margins can be significant when resellers target the right audience.
The competitive nature of Poshmark's marketplace and reliance on social commerce may present fluctuations in demand. Seasonal trends could also affect sales velocity, given Hammitt's premium positioning.
Tips for Selling Hammitt
- Utilize social media and Poshmark sharing features to increase visibility for Hammitt listings.
- Highlight unique selling propositions such as quality and craftsmanship in listing descriptions.
- Engage with buyers through comments and offers to create a more personalized shopping experience.
- Leverage discounts or bundle deals to entice purchases while maintaining profit margins.
- Stay updated on fashion trends that may influence buyer interest in premium brands like Hammitt.