Loft Sales Stats on Poshmark
Current Loft performance metrics on Poshmark (last 30 days)
- Revenue Rank: #89
- Total Revenue: $163623
- Items Sold: 10148
- Average Sale Price: $16
- Unique Sellers: 7333
- Average Sales Per Day: 327
- Average Days to Sell: 51 days
How Loft Performs on Poshmark
In the past month, Loft generated $163,623 in revenue, sold 10,148 items, and ranked 89 out of 1,000 brands on Poshmark.
Loft holds a 0.10% market share on Poshmark, ranking just below the mid-tier brands. Its position at rank 89 demonstrates a competitive presence within the expansive marketplace of 1,000 brands.
Loft's revenue significantly lags behind the top 10 brands, which average over $1.37 million in revenue. However, its sales volume hints at a niche market segment focused on affordability, which may see growth as consumers prioritize budget-friendly purchasing.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 86 | Zimmermann | $169378 | 717 | $236 | 592 | 40 days |
| 87 | Jimmy Choo | $168369 | 1161 | $145 | 1046 | 42 days |
| 88 | Johnny Was | $168160 | 2551 | $66 | 1932 | 16 days |
| 89 | Loft | $163623 | 10148 | $16 | 7333 | 51 days |
| 90 | Fp Movement By Free People | $162396 | 4251 | $38 | 2495 | 35 days |
| 91 | Carhartt | $156328 | 5422 | $29 | 4245 | 9 days |
| 92 | Mcm | $155799 | 1055 | $148 | 723 | 26 days |
Loft Pricing & Sales Data
With an average price of $16.12, Loft is positioned within the budget category on Poshmark, significantly lower than the overall marketplace median sale price of $24. This pricing strategy appeals to value-conscious buyers, suggesting a strong fit for cost-effective fashion.
Loft's average days to sell is 51.29, which is higher than the marketplace average of approximately 83.68 days (2008.52 hours). However, its average sales per day of 327.35 indicates a steady sales pace, likely aided by its budget-friendly pricing.
Within its rank vicinity, Loft competes with brands like Hoka and Zimmermann, which excel with higher average prices and revenues. Despite lower revenue figures, Loft’s volume of items sold positions it as a budget-friendly alternative in a crowded marketplace.
Loft competition on Poshmark
Loft has 7,333 unique sellers, suggesting a diverse range of competition among resellers. This high number of active sellers indicates both opportunity and challenges in achieving visibility and success within the community.
Most Successful Loft Sellers
- gravesem8 - Monthly Revenue: $562.00
- devilwrsresale - Monthly Revenue: $547.00
- garmentsbygigi - Monthly Revenue: $326.00
Should You Resell Loft on Poshmark? 👍
Loft is favorable for Poshmark resellers due to its high item turnover and low average price, appealing to a cost-conscious demographic.
Resellers can potentially profit by sourcing Loft items at low costs and taking advantage of Poshmark’s buyer engagement dynamics, despite platform fees. The sale prices remain attractive for quick turnover.
The primary challenge includes high competition, as many sellers list similar items, potentially driving prices down. Additionally, fluctuating consumer preferences for budget fashion can impact sales.
Tips for Selling Loft
- Optimize listings with engaging photos and detailed descriptions that highlight Loft's features.
- Leverage social sharing and Poshmark parties to enhance visibility for Loft items.
- Engage with buyers through offers and bundles to encourage purchases and improve ratings.