Key Statistics for Louis Vuitton
The following data represents performance for the last month on Poshmark.
- 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
Overview of Louis Vuitton
Louis Vuitton had a stellar performance on Poshmark last month, generating $2,641,031 in total revenue from 7,827 items sold. The brand maintained a strong position with an average sale price of $337.43 and an average sales velocity of 30.8 days to sell per item.
Market Position of Louis Vuitton
Louis Vuitton is positioned as a premium brand on Poshmark. Its average price of $337.43 is significantly higher than the marketplace average of $40.38, and items sell much faster (30.8 days) compared to the marketplace average of ~83.68 days (2008.52 hours). This indicates high demand and brand prestige.
| 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 |
Sales Performance of Louis Vuitton
Comparing to marketplace averages, Louis Vuitton's average sale price of $337.43 is over 8 times the marketplace average of $40.38. Additionally, items are selling in just over a month, far outperforming the marketplace average of 83.68 days. The brand achieved an average daily sales volume of 252.48 items, showcasing consistent demand.
Top Sellers of Louis Vuitton on Poshmark
The top sellers, led by 'elady' with $58,898 in sales, followed by 'brandstreet' ($22,646) and 'fialka1993' ($21,751), have contributed significantly to the brand's success. These sellers likely have access to high-quality inventory and are optimizing their listings for quick sales. Their combined sales of $103,295 represent approximately 3.91% of the total Louis Vuitton revenue last month, showing the influence of top sellers.
Top Sellers List
- elady - Revenue: $58898.00
- brandstreet - Revenue: $22646.00
- fialka1993 - Revenue: $21751.00
Recommendation 👍
The data shows Louis Vuitton is a strong performer on Poshmark with high sale prices, fast turnover, and a dominant market position. Sellers are likely to benefit from the brand's strong demand and higher-than-average sale prices.
Suggestions for Sellers:
Capitalize on the fast-selling nature of Louis Vuitton by pricing competitively but slightly below the average to ensure quicker sales.,Focus on sourcing authentic, high-demand items from Louis Vuitton to maintain a competitive edge.,Top-performing sellers should consider expanding their inventory and utilizing premium listing placements to attract more buyers.