Key Statistics for Longchamp
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #124
- Total Revenue: $117911
- Items Sold: 1645
- Average Sale Price: $72
- Unique Sellers: 1374
- Average Sales Per Day: 53
- Average Days to Sell: 15 days
Overview of Longchamp
Last month, Longchamp generated $117,911 in revenue from 1645 items sold, with an average price of $71.68 per item. The brand had 1374 unique sellers, averaging 53.06 sales per day and taking an average of 15.21 days to sell an item. Longchamp is currently ranked 124th on Poshmark.
Market Position of Longchamp
Compared to the overall marketplace, Longchamp's average revenue per sale of $71.68 is significantly higher than the marketplace average of $39.74. The brand's average days to sell is considerably faster at 15.21 days compared to the marketplace average of 2021.17 hours (approximately 84 days). This indicates a strong market position with high demand and relatively quick turnover.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 121 | Hoka One One | $119270 | 2210 | $54 | 1550 | 14 days |
| 122 | Retrofete | $118717 | 571 | $208 | 466 | 75 days |
| 123 | Carhartt | $117975 | 4347 | $27 | 3477 | 8 days |
| 124 | Longchamp | $117911 | 1645 | $72 | 1374 | 15 days |
| 125 | Loungefly | $117796 | 2417 | $49 | 1645 | 39 days |
| 126 | Valentino | $117708 | 830 | $142 | 743 | 44 days |
| 127 | Rag & Bone | $116320 | 2405 | $48 | 2117 | 24 days |
Sales Performance of Longchamp
Longchamp's sales performance is robust, with a total revenue of $117,911 from 1645 items sold. The average price per item stands at $71.68, which is well above the marketplace median sale price of $23. This suggests that Longchamp products are valued higher than the average items sold on Poshmark, contributing to the brand's strong sales performance.
Top Sellers of Longchamp on Poshmark
The top sellers for Longchamp last month were linlinlinlin1 ($1556.00), graceren0216 ($1125.00), and fashion_etc_etc ($750.00). These sellers significantly contributed to the overall revenue, indicating their effective pricing strategies and possibly strong customer bases. linlinlinlin1, in particular, led with the highest sales, showing a strong individual selling performance.
Top Sellers List
- linlinlinlin1 - Revenue: $1556.00
- graceren0216 - Revenue: $1125.00
- fashion_etc_etc - Revenue: $750.00
Recommendation 👍
Longchamp's high average price per sale, quick turnover rate, and significant revenue generation relative to the broader marketplace justify a positive rating. The brand's performance indicates strong demand and effective selling strategies.
Suggestions for Sellers:
Sellers should continue focusing on competitive pricing to maintain high average sale prices and quick turnover rates. Leveraging marketing strategies such as bundling and offering limited-time discounts could further boost sales. Additionally, understanding top sellers' strategies could provide insights for improving individual performance.