Michael Michael Kors Sales Stats on Poshmark
Current Michael Michael Kors performance metrics on Poshmark (last 30 days)
- Revenue Rank: #129
- Total Revenue: $118338
- Items Sold: 3325
- Average Sale Price: $36
- Unique Sellers: 2787
- Average Sales Per Day: 107
- Average Days to Sell: 17 days
How Michael Michael Kors Performs on Poshmark
In the last month, Michael Michael Kors generated a total revenue of $118,338. The brand sold 3,325 items and secured a rank of 129 out of 1000 on Poshmark.
Michael Michael Kors holds a 0.1% market share within Poshmark's marketplace, placing it in a competitive position among a vast array of brands. With 1000 brands total, its rank reflects a significant presence but with room for improvement.
Compared to Poshmark's top 10 brands, Michael Michael Kors is significantly behind in total revenue, with an $1,000,000 gap from the average. However, the lower price point may contribute positively to growth as buyers seek affordable options in a fluctuating economy.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 126 | Canada Goose | $119808 | 420 | $285 | 376 | 80 days |
| 127 | Miu Miu | $119124 | 739 | $161 | 632 | 48 days |
| 128 | The Row | $118461 | 232 | $511 | 218 | 77 days |
| 129 | Michael Michael Kors | $118338 | 3325 | $36 | 2787 | 17 days |
| 130 | All Saints | $118292 | 2030 | $58 | 1780 | 29 days |
| 131 | Tommy Bahama | $117391 | 4718 | $25 | 3775 | 118 days |
| 132 | Magnolia Pearl | $117009 | 553 | $212 | 257 | 27 days |
Michael Michael Kors Pricing & Sales Data
The average sale price for Michael Michael Kors is $35.59, which is below the marketplace median sale price of $24, indicating a budget-friendly strategy. This positions the brand as approachable, attracting a wider audience on Poshmark.
The average days to sell for this brand is 16.75, which is significantly faster than the overall marketplace average of 2008.52 hours. With an average of 107.26 sales per day, the brand demonstrates solid turnover, benefiting from Poshmark's social commerce dynamics.
In the vicinity of rank 129, Michael Michael Kors competes closely with Stanley and Canada Goose. Despite lower revenue, the higher number of items sold reflects an effective strategy appealing to a cost-conscious audience within the same ranking.
Michael Michael Kors competition on Poshmark
Michael Michael Kors has 2,787 unique sellers on Poshmark, indicating a healthy level of competition. The variety of sellers enhances buyer choice, allowing for diverse pricing and collection options, though it may increase competition for individual sellers.
Most Successful Michael Michael Kors Sellers
- dillpicky - Monthly Revenue: $719.00
- nadinesyl1027 - Monthly Revenue: $660.00
- educatedfashion - Monthly Revenue: $554.00
Should You Resell Michael Michael Kors on Poshmark? 👍
Michael Michael Kors offers a steady inventory turnover and a budget-friendly appeal, making it a suitable choice for Poshmark resellers. The brand's strong performance in selling volume can translate to consistent sales for knowledgeable sellers.
Typical sourcing costs for Michael Michael Kors products are often lower than the average Poshmark sale prices, which suggests potential for good ROI despite platform fees. The brand's average pricing allows sellers to maintain profitable margins.
Competition within the marketplace is formidable due to the high number of active sellers for this brand. Seasonality can also affect demand, necessitating strategic inventory management and marketing approaches.
Tips for Selling Michael Michael Kors
- Optimize listings with high-quality images and descriptions to elevate visibility.
- Utilize Poshmark's sharing features to increase engagement and attract more buyers.
- Monitor trends in pricing and adjust listings competitively based on similar items.
- Engage with the community through sharing and commenting to build a seller reputation.
- Consider bundling items at a discounted price to increase average order value.