Key Statistics for Hand Crafted
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #187
- Total Revenue: $79508
- Items Sold: 3484
- Average Sale Price: $23
- Unique Sellers: 1211
- Average Sales Per Day: 112
- Average Days to Sell: 129 days
Overview of Hand Crafted
Hand Crafted's total revenue for the past month was $79,508 with 3484 items sold. The average price per item was $22.82 and the average days to sell was 128.59. The brand ranked 187th on Poshmark overall, with 1211 unique sellers contributing to sales.
Market Position of Hand Crafted
Compared to the overall marketplace, Hand Crafted's average price per item ($22.82) is lower than the marketplace average of $40.38. However, the brand's average days to sell (128.59 days) is significantly better than the overall marketplace average of 2008.52 hours (~83.68 days), indicating faster turnover. The brand's rank of 187 suggests it is in the mid-tier but has room for growth.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 184 | Freebird By Steven | $80347 | 790 | $102 | 679 | 43 days |
| 185 | Asics | $80235 | 1954 | $41 | 1568 | 23 days |
| 186 | Khaite | $79837 | 250 | $319 | 232 | 68 days |
| 187 | Hand Crafted | $79508 | 3484 | $23 | 1211 | 129 days |
| 188 | Mz Wallace | $79022 | 742 | $107 | 614 | 29 days |
| 189 | Vineyard Vines | $78777 | 3859 | $20 | 2953 | 14 days |
| 190 | Wrangler | $78646 | 3509 | $22 | 2824 | 16 days |
Sales Performance of Hand Crafted
With 3484 items sold and total revenue of $79,508, Hand Crafted had an average price per item of $22.82, which is slightly below the overall median sale price of $24 on Poshmark. The average daily sales volume was 112.39 items, which is consistent but could improve with higher-priced listings. The brand's quick turnover rate (128.59 days) is a positive indicator of demand, suggesting that items sell relatively quickly compared to the overall marketplace.
Top Sellers of Hand Crafted on Poshmark
Top sellers like starson7th ($3642.00) and jewelmazed ($3568.00) significantly contribute to total revenue, with just these two sellers accounting for around 9% of the total sales for the brand. starson7th and jewelmazed are leading sellers, but there is a noticeable drop to heidicrystalcox at $1214.00, suggesting that a small number of sellers dominate the market. There is potential for more sellers to increase their sales by adopting successful strategies from the top sellers.
Top Sellers List
- starson7th - Revenue: $3642.00
- jewelmazed - Revenue: $3568.00
- heidicrystalcox - Revenue: $1214.00
Recommendation 👌
While Hand Crafted has strong sales volume and competitive turnover rates, the lower-than-average price per item limits revenue potential. The brand is performing well in terms of turnover, but opportunities to increase the average price per sale could be explored.
Suggestions for Sellers:
Sellers should consider bundling products or offering higher-value items to increase the average price per sale. Additionally, leveraging top-performing seller strategies like starson7th's and jewelmazed's could help mid- and lower-tier sellers boost their sales. Sellers should also focus on maintaining quick turnover rates to sustain demand.