Key Statistics for Michael Kors
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #35
- Total Revenue: $326235
- Items Sold: 8784
- Average Sale Price: $37
- Unique Sellers: 6487
- Average Sales Per Day: 283
- Average Days to Sell: 81 days
Overview of Michael Kors
Michael Kors achieved $326,235 in revenue last month with 8784 items sold at an average price of $37.14. There were 6487 unique sellers, and the brand ranked 35th in the marketplace.
Market Position of Michael Kors
Michael Kors' average revenue per sale ($37.14) is below the overall marketplace average ($39.74), but its median sale price is higher than the marketplace median ($23). The brand's sell-through time is significantly faster, averaging 80.71 days compared to the marketplace average of approximately 84.2 days.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 32 | Fendi | $357097 | 1553 | $230 | 1256 | 26 days |
| 33 | Tiffany & Co. | $349865 | 1930 | $181 | 1418 | 17 days |
| 34 | Ugg | $335924 | 7764 | $43 | 6226 | 56 days |
| 35 | Michael Kors | $326235 | 8784 | $37 | 6487 | 81 days |
| 36 | Levi's | $323874 | 13583 | $24 | 10261 | 55 days |
| 37 | Celine | $302580 | 1264 | $239 | 1027 | 29 days |
| 38 | On Running | $301009 | 5106 | $59 | 3821 | 17 days |
Sales Performance of Michael Kors
Last month, Michael Kors recorded strong sales with an average of 283.35 items sold per day. Despite the lower average revenue per sale, the brand's higher median price and faster sell-through rate indicate a robust demand and efficient sales process. The total revenue of $326,235 and 8784 items sold reflect a healthy turnover.
Top Sellers of Michael Kors on Poshmark
Top sellers include byrevive ($4041.00), bluuxoeyez ($3453.00), and sammi9191 ($2704.00). These sellers significantly contributed to the overall revenue, showcasing their effective sales strategies and possibly higher-value listings.
Top Sellers List
- byrevive - Revenue: $4041.00
- bluuxoeyez - Revenue: $3453.00
- sammi9191 - Revenue: $2704.00
Recommendation 👍
Michael Kors demonstrates strong sales performance with high turnover and a competitive average price point. The brand's faster sell-through rate compared to the marketplace average is a key strength.
Suggestions for Sellers:
Sellers should focus on maintaining competitive pricing slightly below the average revenue per sale to attract buyers while leveraging the brand's strong demand. Improving listing quality and optimizing for search visibility can further enhance sales. Additionally, studying top sellers' strategies could provide actionable insights for new and existing sellers.