Kate Spade Sales Stats on Poshmark
Current Kate Spade performance metrics on Poshmark (last 30 days)
- Revenue Rank: #19
- Total Revenue: $487986
- Items Sold: 12015
- Average Sale Price: $41
- Unique Sellers: 7761
- Average Sales Per Day: 388
- Average Days to Sell: 68 days
How Kate Spade Performs on Poshmark
In the last month, Kate Spade generated revenue of $487,986 from 12,015 items sold, ranking 19 out of 1000 brands on Poshmark.
Kate Spade holds a 1.56% market share within a competitive Poshmark landscape consisting of approximately 1000 brands. As the 19th ranked brand, its position reflects a strong presence in the marketplace relative to the overall Poshmark environment.
Compared to Poshmark's top 10 brands, Kate Spade's revenue is significantly lower than the average of $1,375,901.10, showing a need for increased brand engagement or marketing strategies. Nonetheless, the relatively consistent average price could be a foundation for potential growth as consumer preferences evolve.
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
16 | Christian Louboutin | $555686 | 1785 | $311 | 1305 | 28 days |
17 | Yves Saint Laurent | $537883 | 2389 | $225 | 2014 | 89 days |
18 | Reformation | $523951 | 7010 | $75 | 5282 | 37 days |
19 | Kate Spade | $487986 | 12015 | $41 | 7761 | 68 days |
20 | Abercrombie & Fitch | $470476 | 17678 | $27 | 12984 | 38 days |
21 | Vintage | $465961 | 16344 | $29 | 5831 | 71 days |
22 | Burberry | $441906 | 3594 | $123 | 2966 | 13 days |
Kate Spade Pricing & Sales Data
With an average price of $40.61, Kate Spade's pricing is slightly above Poshmark's overall median sale price of $24. This suggests a mid-range positioning, appealing to both budget-conscious and more discerning shoppers on the platform.
Kate Spade has an average sales velocity of approximately 387.58 items sold per day, indicating robust performance compared to Poshmark's average daily sales of 670.88. However, the average days to sell at 67.79 days is significantly longer than the platform's average of 2008.52 hours, suggesting potential delays in inventory turnover.
In proximity to rival brands, Kate Spade surpasses brands like Abercrombie & Fitch and Vintage in revenue, despite competition from Adidas and Christian Louboutin, which have higher revenue and average prices. This positioning indicates potential for growth by capturing a greater share from overlapping consumer segments.
Kate Spade competition on Poshmark
There are 7,761 unique sellers offering Kate Spade items on Poshmark, reflecting a moderately competitive environment. The presence of top sellers like dillpicky and dwendt25 indicates that successful selling relies on brand awareness and effective marketing strategies within the platform.
Most Successful Kate Spade Sellers
- dillpicky - Monthly Revenue: $10414.00
- dwendt25 - Monthly Revenue: $7355.00
- stephsposh2023 - Monthly Revenue: $6502.00
Should You Resell Kate Spade on Poshmark? 👍
Kate Spade offers solid sales metrics, making it an attractive brand for Poshmark resellers looking to engage with a fashionable and brand-conscious audience.
Resellers can expect typical sourcing costs to align with Poshmark sale prices, especially for trending styles, but should factor in platform fees of around 20% and variations in sale prices to optimize ROI.
Challenges include navigating a crowded seller landscape and fluctuating demand for specific Kate Spade items, which requires ongoing market research and agility in pricing strategies.
Tips for Selling Kate Spade
- Enhance visibility by actively sharing and engaging with potential buyers on Poshmark's social platform.
- Leverage bundle discounts to encourage higher sales volume and attract price-sensitive customers.
- Utilize high-quality images and detailed listings to showcase the distinctive features of Kate Spade products.