How well Michael Kors sells on Poshmark

Michael Kors achieves $350,374 in revenue on Poshmark, ranking 36th out of 1000 brands with strong item sales and unique seller engagement.

Michael Kors Sales Stats on Poshmark

Current Michael Kors performance metrics on Poshmark (last 30 days)

  • Revenue Rank: #36
  • Total Revenue: $350374
  • Items Sold: 9142
  • Average Sale Price: $38
  • Unique Sellers: 6641
  • Average Sales Per Day: 295
  • Average Days to Sell: 78 days

How Michael Kors Performs on Poshmark

In the past month, Michael Kors generated $350,374 in revenue, selling 9,142 items and ranking 36th among 1,000 brands on Poshmark.

Michael Kors occupies 3.5% of the overall marketplace, considering its rank of 36 out of 1000 brands on Poshmark. This position indicates a competitive stance in a crowded market where brand recognition matters significantly.

Compared to the top 10 brands, Michael Kors' revenue is considerably lower than the average of $1,375,901.10, indicating a gap in market share that could represent growth opportunities. Additionally, engaging with buyers through Poshmark's social features may be crucial for better positioning.

Rank Brand Total Revenue Items Sold Avg Sale Price Unique Sellers Avg Days to Sell
33 Polo Ralph Lauren $368570 11495 $32 8122 74 days
34 Tiffany & Co. $357644 1893 $189 1365 19 days
35 Levi's $352489 14149 $25 10655 53 days
36 Michael Kors $350374 9142 $38 6641 78 days
37 Everlane $305338 8564 $36 5511 51 days
38 Figs $297210 9941 $30 5506 17 days
39 Celine $296695 1168 $254 970 30 days

Michael Kors Pricing & Sales Data

With an average price of $38.33, Michael Kors is slightly below the Poshmark marketplace average sale price of $40.38 and above the platform’s median sale price of $24. This suggests a mid-range pricing strategy, appealing to buyers looking for affordable luxury.

Michael Kors items take an average of 77.78 days to sell, which is lower than the overall Poshmark average of 2008.52 hours, equating to 83.87 days. This indicates a favorable sales velocity, though it could benefit from further competitive pricing adjustments.

Within the direct ranking range, neighboring brands like Polo Ralph Lauren and Tiffany & Co. show similar revenue figures. Michael Kors must compete with these brands as they vie for customer attention and share of the marketplace.

Michael Kors competition on Poshmark

The brand has 6,641 unique sellers, highlighting a robust seller community contributing to sales. However, this high number of sellers indicates increased competition for listings and visibility.

Most Successful Michael Kors Sellers

  1. byrevive - Monthly Revenue: $15724.00
  2. sammi9191 - Monthly Revenue: $2566.00
  3. marleneluxbrand - Monthly Revenue: $1998.00

Should You Resell Michael Kors on Poshmark? 👍

Michael Kors represents a solid choice for Poshmark resellers due to its established brand, strong sales numbers, and mid-range pricing that attract buyers looking for luxury at a reasonable price.

Resellers can typically source Michael Kors products at moderate costs, allowing for reasonable margins after accounting for Poshmark fees and sale prices, indicating a favorable ROI.

Potential risks include heightened competition among sellers and price sensitivity in the market, especially during off-season months impacting demand.

Tips for Selling Michael Kors

  • Optimize listings with high-quality images and detailed descriptions emphasizing brand value.
  • Leverage Poshmark's social features by sharing listings frequently to boost visibility.
  • Research seasonal trends and adjust pricing strategies to remain competitive.
  • Engage with the community through offers and discounts to encourage quicker sales.
  • Track successful sales patterns to refine sourcing strategies for future inventory.

Brands with Similar Ranking

Tiffany & Co.

  • Revenue: $357644
  • Items Sold: 1893
  • Avg Price: $189
View Details

Levi's

  • Revenue: $352489
  • Items Sold: 14149
  • Avg Price: $25
View Details

Everlane

  • Revenue: $305338
  • Items Sold: 8564
  • Avg Price: $36
View Details

Figs

  • Revenue: $297210
  • Items Sold: 9941
  • Avg Price: $30
View Details

Top 3 Brands on Poshmark

Louis Vuitton

  • Revenue: $2641031
  • Items Sold: 7827
  • Avg Price: $337
View Details

Gucci

  • Revenue: $2134681
  • Items Sold: 9307
  • Avg Price: $229
View Details

Chanel

  • Revenue: $2093122
  • Items Sold: 5215
  • Avg Price: $401
View Details
Automate Selling on Poshmark

Share This 👇

Are you ready to make sales on Poshmark?

Start using Closet Tools today!

Get Closet Tools