Key Statistics for Louis Vuitton
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #1
- Total Revenue: $2367237
- Items Sold: 7299
- Average Sale Price: $324
- Unique Sellers: 4338
- Average Sales Per Day: 235
- Average Days to Sell: 30 days
Overview of Louis Vuitton
Louis Vuitton achieved a total revenue of $2,367,237 with 7,299 items sold at an average price of $324.32 last month. The brand had 4,338 unique sellers and an average sales rate of 235.45 items per day.
Market Position of Louis Vuitton
Louis Vuitton is currently ranked 1st on Poshmark. The brand's average price per item ($324.32) is significantly higher than the marketplace average of $39.74, highlighting its premium positioning. The average days to sell for Louis Vuitton items is 30.07, which is much faster than the marketplace average of 2021.17 hours (approximately 84.22 days), underscoring the high demand and quick turnover for this brand.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 1 | Louis Vuitton | $2367237 | 7299 | $324 | 4338 | 30 days |
| 2 | Gucci | $2118577 | 9368 | $226 | 6669 | 43 days |
| 3 | Chanel | $1988036 | 5162 | $385 | 3453 | 45 days |
| 4 | Lululemon Athletica | $1353703 | 39423 | $34 | 20401 | 16 days |
Sales Performance of Louis Vuitton
Louis Vuitton's sales performance last month was exceptional, with a total revenue of $2,367,237 from 7,299 items sold. The average price per item was $324.32, which is well above the marketplace average of $39.74. The brand's items sold relatively quickly, with an average of 30.07 days to sell compared to the marketplace average of 2021.17 hours (84.22 days).
Top Sellers of Louis Vuitton on Poshmark
Top sellers for Louis Vuitton last month were elady ($74,146.00), fialka1993 ($20,649.00), and brandstreet ($19,208.00). Elady significantly outperformed other sellers, indicating potential strategies or market niches that could be analyzed for optimization. This top seller contributed 3.13% of the total Louis Vuitton revenue.
Top Sellers List
- elady - Revenue: $74146.00
- fialka1993 - Revenue: $20649.00
- brandstreet - Revenue: $19208.00
Recommendation 👍
Louis Vuitton's performance on Poshmark is outstanding, with high average prices, quick turnover, and strong overall revenue. The brand is a top performer, indicating strong demand and effective sales strategies.
Suggestions for Sellers:
Sellers should focus on maintaining high-quality listings to justify the premium pricing. Analyzing top sellers' strategies could provide insights into successful pricing, marketing, and engagement tactics. Consider optimizing inventory to reduce average days to sell even further.