Louis Vuitton Sales Stats on Poshmark
Current Louis Vuitton performance metrics on Poshmark (last 30 days)
- Revenue Rank: #1
- Total Revenue: $2641031
- Items Sold: 7827
- Average Sale Price: $337
- Unique Sellers: 4767
- Average Sales Per Day: 252
- Average Days to Sell: 31 days
How Louis Vuitton Performs on Poshmark
In the past month, Louis Vuitton generated $2,641,031 in revenue with 7,827 items sold, maintaining a top rank of 1 out of 1,000 brands on Poshmark.
Louis Vuitton occupies 0.27% of the total market share on Poshmark, benefiting from its rank as the highest-grossing brand among 1,000, demonstrating strong visibility and demand.
Louis Vuitton's revenue of over $2.6 million showcases a significant lead over the average performance of the top 10 brands at $1.37 million, indicating strong growth potential and brand loyalty within the social commerce space of Poshmark.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 1 | Louis Vuitton | $2641031 | 7827 | $337 | 4767 | 31 days |
| 2 | Gucci | $2134681 | 9307 | $229 | 6669 | 48 days |
| 3 | Chanel | $2093122 | 5215 | $401 | 3551 | 45 days |
| 4 | Lululemon Athletica | $1570367 | 46222 | $34 | 22611 | 13 days |
Louis Vuitton Pricing & Sales Data
With an average price of $337.43, Louis Vuitton significantly exceeds Poshmark's overall marketplace median sale price of $24, positioning the brand as a premium offering within the platform.
Louis Vuitton items take an average of 30.80 days to sell, which is notably longer than the marketplace average of 2008.52 hours, although it maintains a steady sales velocity of 252.48 sales per day.
Louis Vuitton outperforms its direct competitors such as Gucci and Chanel in terms of revenue but has a higher average sale price, suggesting a niche market appeal as consumers are willing to pay for brand prestige. Gucci, ranked second, has slightly lower revenue and higher item sales, reflecting different pricing strategies.
Louis Vuitton competition on Poshmark
There are 4,767 unique sellers offering Louis Vuitton products on Poshmark, indicating a competitive landscape. Seller success rates vary but generally benefit from the brand's high demand.
Most Successful Louis Vuitton Sellers
- elady - Monthly Revenue: $58898.00
- brandstreet - Monthly Revenue: $22646.00
- fialka1993 - Monthly Revenue: $21751.00
Should You Resell Louis Vuitton on Poshmark? 👍
Louis Vuitton's strong revenue and popularity on Poshmark make it an ideal brand for resellers seeking high-margin sales, particularly given the brand's status in the luxury segment.
Considering typical sourcing costs for Louis Vuitton items, the high sale prices on Poshmark can yield substantial profit margins, especially when factoring in platform fees of around 20%.
Challenges include increased competition from a large number of sellers and potential price fluctuations, especially during sales events or seasonal shifts in consumer behavior.
Tips for Selling Louis Vuitton
- Source authentic Louis Vuitton products aggressively from reputable channels.
- Utilize Poshmark's social features by sharing listings frequently and engaging with potential buyers.
- Set competitive pricing based on current market trends while ensuring to highlight the brand's unique selling points.
- Participate in Poshmark parties that focus on luxury brands to enhance visibility.
- Leverage high-quality images and detailed descriptions to attract buyers and ensure transparency regarding item condition.