Lularoe Sales Stats on Poshmark
Current Lularoe performance metrics on Poshmark (last 30 days)
- Revenue Rank: #265
- Total Revenue: $54267
- Items Sold: 3812
- Average Sale Price: $14
- Unique Sellers: 2146
- Average Sales Per Day: 123
- Average Days to Sell: 90 days
How Lularoe Performs on Poshmark
In the past month, Lularoe achieved a total revenue of $54,267 from 3,812 items sold, maintaining a current rank of 265 among all brands on Poshmark.
Lularoe holds a 0.053% market share on Poshmark, ranking 265 out of approximately 1,000 brands. This positioning indicates a competitive presence within a vast marketplace.
When compared to Poshmark's top 10 brands, Lularoe's revenue is substantially lower, with top brands averaging over $1.3 million. This gap highlights the presence of established competition that may attract buyers with higher price points and perceived product value.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 262 | Rick Owens | $54945 | 233 | $236 | 213 | 100 days |
| 263 | Adidas Originals | $54523 | 1073 | $51 | 987 | 33 days |
| 264 | Puma | $54337 | 2179 | $25 | 1999 | 22 days |
| 265 | Lularoe | $54267 | 3812 | $14 | 2146 | 90 days |
| 266 | Sherri Hill | $53766 | 377 | $143 | 334 | 126 days |
| 267 | Balmain | $53719 | 305 | $176 | 275 | 109 days |
| 268 | Pottery Barn Kids | $53438 | 1506 | $35 | 1294 | 21 days |
Lularoe Pricing & Sales Data
Lularoe's average selling price of $14.24 is significantly below Poshmark's overall marketplace median sale price of $24, categorizing it as a budget brand. This pricing strategy may attract price-sensitive customers, but limits profit margins.
With an average selling time of 90.15 days and daily sales averaging approximately 123 items, Lularoe’s performance is below Poshmark's general average of 2008.52 hours to sell. This slower sales velocity may be influenced by the brand’s pricing and inventory strategy.
Lularoe’s revenue performance falls within a tight range compared to neighboring brands such as Marine Layer and Adidas Originals, with Lularoe selling significantly more items but at a lower price point. This difference suggests a distinct buyer demographic focused on affordability over brand prestige.
Lularoe competition on Poshmark
There are 2,146 unique sellers offering Lularoe items on Poshmark, indicating a relatively high level of competition. While this presents opportunities for buyers, it challenges resellers with a saturated market.
Most Successful Lularoe Sellers
- jayekunz - Monthly Revenue: $575.00
- tenderpoisin - Monthly Revenue: $481.00
- alibee0523 - Monthly Revenue: $480.00
Should You Resell Lularoe on Poshmark? 👌
While Lularoe offers a large selection at competitive prices, its slower sales velocity and widespread competition could hinder profitability for resellers on Poshmark.
Given Lularoe's average price point, the typical sourcing costs are favorable, but sellers must consider Poshmark's fees which can reduce overall profit margins.
Challenges include heavy competition from 2,146 sellers and a slower sales rate, alongside fluctuating trends in thrift and resale culture that may impact demand.
Tips for Selling Lularoe
- Focus on bundling items to increase the average transaction value.
- Utilize seasonal promotions and marketing strategies to bolster visibility.
- Engage with the Poshmark community through sharing and hosting Posh Parties to enhance seller presence.
- Experiment with pricing strategies, such as pricing below the median, to attract budget-conscious buyers.
- Ensure high-quality listings with appealing photographs and detailed descriptions to distinguish from competitors.