Key Statistics for Hermes
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #28
- Total Revenue: $383246
- Items Sold: 1298
- Average Sale Price: $295
- Unique Sellers: 1043
- Average Sales Per Day: 42
- Average Days to Sell: 27 days
Overview of Hermes
Hermes generated $383,246 in total revenue last month with 1,298 items sold at an average price of $295.26. There were 1,043 unique sellers, and the brand ranked 28th.
Market Position of Hermes
Hermes outperforms the overall marketplace averages significantly. With an average sale price of $295.26 compared to the marketplace average of $39.74, and a median sale price of $23, Hermes items are premium products. The average time to sell at 27.26 days is also much faster than the marketplace average of 2021.17 hours.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 25 | Athleta | $399830 | 16455 | $24 | 10069 | 33 days |
| 26 | Disney | $395962 | 18866 | $21 | 11816 | 81 days |
| 27 | Vuori | $386460 | 9560 | $40 | 5928 | 18 days |
| 28 | Hermes | $383246 | 1298 | $295 | 1043 | 27 days |
| 29 | Polo Ralph Lauren | $379268 | 12481 | $30 | 8669 | 77 days |
| 30 | Burberry | $378480 | 3198 | $118 | 2631 | 12 days |
| 31 | Ralph Lauren | $376826 | 11903 | $32 | 9266 | 85 days |
Sales Performance of Hermes
Hermes achieved robust sales performance last month with an average of 41.87 sales per day. The brand's high average price per item reflects its luxury status. The total revenue of $383,246 highlights strong demand and effective seller activity.
Top Sellers of Hermes on Poshmark
Top sellers 'elady', 'luxeexec', and 'rebag' contributed significantly to the overall sales, with revenues of $17,087.00, $14,000.00, and $6,776.00 respectively. This indicates that a few sellers are driving a substantial portion of the revenue.
Top Sellers List
Recommendation 👍
Hermes has shown excellent performance in terms of revenue, average price, and quick turnover. The brand is positioned as a high-value option on Poshmark, attracting buyers willing to pay premium prices.
Suggestions for Sellers:
Sellers should focus on maintaining high-quality listings and leveraging the brand's luxury status. Expanding inventory and ensuring quick shipping can further enhance sales. Sellers should also consider engaging in promotions or collaborations with top sellers to increase visibility.