Key Statistics for Luxe
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #246
- Total Revenue: $60515
- Items Sold: 35
- Average Sale Price: $1729
- Unique Sellers: 29
- Average Sales Per Day: 1
- Average Days to Sell: 411 days
Overview of Luxe
Luxe brand generated $192086 in revenue with 55 items sold, averaging $3492.47 per item. There were 32 unique sellers, with an average of 1.77 sales per day and an average of 110.59 days to sell an item. The current rank for the brand is 75.
Market Position of Luxe
Compared to the overall marketplace, Luxe's average revenue per sale ($3492.47) significantly exceeds the marketplace average of $39.74. The average days to sell (110.59 days or 2654.16 hours) is significantly lower than the marketplace average of 2021.17 hours, indicating faster turnover despite the high price point.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 243 | Christy Dawn | $61392 | 453 | $136 | 391 | 40 days |
| 244 | Ralph Lauren Purple Label | $60590 | 395 | $153 | 263 | 66 days |
| 245 | Gymshark | $60550 | 3221 | $19 | 2174 | 14 days |
| 246 | Luxe | $60515 | 35 | $1729 | 29 | 411 days |
| 247 | Zadig & Voltaire | $60357 | 727 | $83 | 624 | 58 days |
| 248 | Jacquemus | $59354 | 285 | $208 | 259 | 97 days |
| 249 | Alexander Wang | $59296 | 500 | $119 | 462 | 79 days |
Sales Performance of Luxe
Luxe brand's sales performance is notable, with high revenue and a substantial average sale price. Despite the high price, items sell relatively quickly. The brand averages 1.77 sales per day, which is healthy given the high value of each transaction.
Top Sellers of Luxe on Poshmark
Top sellers for the past month were andrews777 ($191510.00), bob2it ($91.00), and masha18 ($40.00). andrews777 is the dominant seller, contributing the vast majority of the revenue. This indicates a heavy reliance on a single seller, which could be a risk factor if andrews777 were to reduce activity.
Top Sellers List
- andrews777 - Revenue: $59994.00
- me2usunshine - Revenue: $46.00
- masha18 - Revenue: $40.00
Recommendation 👍
Luxe brand demonstrates strong sales performance with high-value transactions and a relatively quick turnover time. The brand's market position is robust, outperforming marketplace averages significantly.
Suggestions for Sellers:
1. Diversify seller base to reduce dependency on top seller. 2. Continue to focus on high-value items to maintain revenue levels. 3. Implement strategies to attract more sellers and buyers to sustain growth and improve brand ranking.