Key Statistics for Hand Crafted
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #187
- Total Revenue: $75643
- Items Sold: 3392
- Average Sale Price: $22
- Unique Sellers: 1128
- Average Sales Per Day: 109
- Average Days to Sell: 127 days
Overview of Hand Crafted
Hand Crafted generated $75643 in revenue last month with 3392 items sold. The average sale price was $22.30, and 1128 unique sellers contributed to these figures. The brand ranked 187th overall.
Market Position of Hand Crafted
Hand Crafted's average price of $22.30 is slightly below the median sale price of $23 for all brands, indicating competitive pricing. However, the brand's average revenue per sale is significantly lower than the marketplace average of $39.74, suggesting room for improvement in pricing strategy.
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
184 | Chrome Hearts | $76776 | 374 | $205 | 292 | 55 days |
185 | Faherty | $76538 | 1878 | $41 | 1584 | 25 days |
186 | Calvin Klein | $75705 | 3507 | $22 | 3044 | 12 days |
187 | Hand Crafted | $75643 | 3392 | $22 | 1128 | 127 days |
188 | Freebird By Steven | $75565 | 734 | $103 | 638 | 45 days |
189 | Citizens Of Humanity | $74332 | 1346 | $55 | 1207 | 36 days |
190 | Veja | $74147 | 1204 | $62 | 1089 | 24 days |
Sales Performance of Hand Crafted
The brand achieved an average of 109.42 sales per day and took about 127.46 days to sell an item, which is much faster than the marketplace average of 2021.17 hours. This indicates high demand and quick turnover for Hand Crafted items, despite the lower average price.
Top Sellers of Hand Crafted on Poshmark
Top sellers such as s_classicgems ($1971.00), jewelmazed ($1736.00), and foxy_1971 ($1277.00) significantly contributed to the brandโs revenue. Their success could be attributed to effective marketing, competitive pricing, or a strong customer base.
Top Sellers List
- s_classicgems - Revenue: $1971.00
- jewelmazed - Revenue: $1736.00
- foxy_1971 - Revenue: $1277.00
Recommendation ๐
Hand Crafted exhibits strong sales volume and quick turnover, indicating high demand. Despite the lower average price, the brand's overall performance is commendable.
Suggestions for Sellers:
Sellers should consider slightly increasing prices to boost revenue per sale, aligning more closely with market averages. Focusing on optimizing listings and leveraging marketing strategies used by top sellers can further enhance sales performance.