Hobo Sales Stats on Poshmark
Current Hobo performance metrics on Poshmark (last 30 days)
- Revenue Rank: #231
- Total Revenue: $63937
- Items Sold: 1336
- Average Sale Price: $48
- Unique Sellers: 1095
- Average Sales Per Day: 43
- Average Days to Sell: 31 days
How Hobo Performs on Poshmark
Hobo generated $63,937 in revenue with 1,336 items sold in the past month. The brand currently holds a rank of 231 out of 1000 on Poshmark.
Hobo represents approximately 0.04% of the total Poshmark marketplace, positioning it as a niche brand among thousands. The brand's competitive rank signifies a specialized customer base, which could positively influence its market share.
Hobo's performance distinctly trails the average revenue of Poshmark’s top 10 brands at $1,375,901.10, highlighting an opportunity for brand growth and visibility. This difference indicates that while Hobo is performing well within its niche, there is substantial room for market adaptation.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 228 | Eddie Bauer | $64266 | 3069 | $21 | 2651 | 21 days |
| 229 | Brunello Cucinelli | $64177 | 356 | $180 | 268 | 87 days |
| 230 | Keen | $63963 | 2080 | $31 | 1769 | 44 days |
| 231 | Hobo | $63937 | 1336 | $48 | 1095 | 31 days |
| 232 | Portland Leather | $63457 | 1172 | $54 | 689 | 23 days |
| 233 | Spell | $63204 | 686 | $92 | 439 | 50 days |
| 234 | Cinq A Sept | $63093 | 692 | $91 | 627 | 70 days |
Hobo Pricing & Sales Data
Hobo's average sale price of $47.86 is significantly higher than the marketplace median of $24, indicating a premium price positioning. This suggests that Hobo's offerings cater to a more affluent shopper segment on Poshmark.
With an average of 30.99 days to sell and 43.10 items sold per day, Hobo's sales velocity is slower than the overall Poshmark average of 2008.52 hours. Such a timeline suggests that buying behavior for Hobo items requires patience and may be influenced by brand perception and desirability.
Direct competitors in Hobo's ranking range include Merrell, Eddie Bauer, and Keen—brands with varied pricing and sales volumes. Merrell leads with higher revenue but lower average price, showcasing differing strategies that could affect market share on Poshmark.
Hobo competition on Poshmark
Hobo counted 1,095 unique sellers last month, indicating a robust presence in the Poshmark community. This level of seller engagement suggests healthy competition and a broad distribution of product availability, potentially impacting individual seller success rates.
Most Successful Hobo Sellers
- new_by_felicity - Monthly Revenue: $2547.00
- xuanhangdat - Monthly Revenue: $673.00
- flipsp - Monthly Revenue: $554.00
Should You Resell Hobo on Poshmark? 👌
While Hobo shows solid revenue and a unique pricing strategy, its lengthy sales cycle may be a barrier for quick-turnover resellers. Focusing on accessibility and visibility could bolster overall performance.
Sourcing costs should be kept in check to maintain profitability, especially with the higher average sale price. Understanding Poshmark’s platform fees and typical run rates can enhance ROI calculations.
Poshmark's growing competition could pressure Hobo’s pricing; staying competitive without eroding brand value is crucial. Seasonal trends will also impact consumer interest and purchasing behaviors.
Tips for Selling Hobo
- Enhance product visibility through strategic sharing and engaging with potential buyers to foster community connections.
- Leverage social commerce features such as bundling products to increase average sale prices.
- Promote limited-time sales to create urgency and capitalize on the impulse purchasing tendencies of Poshmark buyers.
- Utilize high-quality images and descriptive listings to maximize appeal, as Hobo’s items are positioned as premium products.
- Monitor trends and adjust pricing strategies based on competitor activities and Poshmark’s seasonal trends.