Key Statistics for Madewell
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #12
- Total Revenue: $631148
- Items Sold: 20468
- Average Sale Price: $31
- Unique Sellers: 12405
- Average Sales Per Day: 660
- Average Days to Sell: 31 days
Overview of Madewell
Madewell had a strong performance on Poshmark last month with total revenue of $631,148 from 20,468 items sold. The average price per item was $30.84, and it took an average of 31.29 days to sell an item. There were 12,405 unique sellers contributing to this performance.
Market Position of Madewell
Madewell ranks 12th among brands on Poshmark, indicating a solid position in the marketplace. Despite the average revenue per sale being lower than the overall marketplace average ($30.84 vs. $39.74), the brand's median sale price is higher than the marketplace median ($30.84 vs. $23).
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
9 | Tory Burch | $725835 | 10871 | $67 | 8098 | 33 days |
10 | Prada | $701628 | 3922 | $179 | 3212 | 66 days |
11 | Zara | $654453 | 24467 | $27 | 14997 | 43 days |
12 | Madewell | $631148 | 20468 | $31 | 12405 | 31 days |
13 | Adidas | $592926 | 19498 | $30 | 15238 | 55 days |
14 | Patagonia | $565221 | 15591 | $36 | 11466 | 41 days |
15 | Yves Saint Laurent | $556200 | 2393 | $232 | 2022 | 84 days |
Sales Performance of Madewell
Madewell's total revenue of $631,148 and 20,468 items sold highlight strong demand. The average price of $30.84 per item is competitive, although lower than the marketplace average of $39.74. The average days to sell is 31.29, which translates to approximately 751 hours—significantly faster than the marketplace average of 2021.17 hours.
Top Sellers of Madewell on Poshmark
Top sellers kaykay111997 ($14,180), msemkayh ($5,212), and kassycloset ($5,172) significantly contributed to the brand's total revenue. These sellers have optimized their listings and pricing strategies to achieve higher sales volumes.
Top Sellers List
- kaykay111997 - Revenue: $14180.00
- msemkayh - Revenue: $5212.00
- kassycloset - Revenue: $5172.00
Recommendation đź‘Ť
The data indicates that Madewell performs well on Poshmark, with strong sales volume, competitive pricing, and faster-than-average sales times. The brand's solid marketplace position and high level of seller engagement support a positive outlook.
Suggestions for Sellers:
Sellers should continue to focus on competitive pricing and high-quality listings to maintain strong sales. Leveraging promotional strategies and quick response times can further enhance sales performance. Monitoring top seller strategies and adapting best practices can also drive higher revenue.