Michele Sales Stats on Poshmark
Current Michele performance metrics on Poshmark (last 30 days)
- Revenue Rank: #269
- Total Revenue: $53371
- Items Sold: 222
- Average Sale Price: $240
- Unique Sellers: 203
- Average Sales Per Day: 7
- Average Days to Sell: 119 days
How Michele Performs on Poshmark
In the past month, Michele generated a total revenue of $53,371.00 from selling 222 items, achieving a rank of 269 among all brands on Poshmark.
Michele ranks 269 out of over 1,000 brands on Poshmark, representing a modest market share. This positioning indicates a competitive presence but highlights room for growth in visibility and sales.
Michele's revenue of $53,371 contrasts sharply with the average revenue of top brands at $1.38 million, indicating a significant gap. The brand indicates potential growth trends, suggesting that with effective strategies, Michele could capture a larger share of the Poshmark market.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 266 | Sherri Hill | $53766 | 377 | $143 | 334 | 126 days |
| 267 | Balmain | $53719 | 305 | $176 | 275 | 109 days |
| 268 | Pottery Barn Kids | $53438 | 1506 | $35 | 1294 | 21 days |
| 269 | Michele | $53371 | 222 | $240 | 203 | 119 days |
| 270 | Bed Stu | $52842 | 640 | $83 | 558 | 55 days |
| 271 | Tommy Hilfiger | $52507 | 2607 | $20 | 2364 | 22 days |
| 272 | Soft Surroundings | $52429 | 2109 | $25 | 1810 | 26 days |
Michele Pricing & Sales Data
Michele’s average price of $240.41 is significantly higher than Poshmark's overall median sale price of $24. The brand is positioned in the premium segment, indicating a luxury appeal but also a potentially narrower buyer audience.
Michele's average days to sell stands at 119.11, notably higher than the marketplace average of approximately 83.76 days (2008.52 hours). With an average of 7.16 sales per day, the sales velocity suggests slower turnover compared to competitors, which may indicate a need for improved marketing or pricing strategies.
In the immediate ranking vicinity, Michele sits next to brands like Lularoe and Sherri Hill, with similar revenue figures but significant differences in items sold. Competitors have lower average prices and higher item volume, suggesting they cater to a broader audience, while Michele maintains a more premium positioning.
Michele competition on Poshmark
Michele has 203 unique sellers, suggesting a competitive but manageable environment on Poshmark. This level of activity implies good seller engagement, but the level of competition remains strong, affecting individual seller success rates.
Most Successful Michele Sellers
- bestfashion21 - Monthly Revenue: $1625.00
- af0117 - Monthly Revenue: $1440.00
- heidi_ali - Monthly Revenue: $1100.00
Should You Resell Michele on Poshmark? 👎
Michele's high average price and slower sales velocity may dissuade casual resellers on Poshmark, where lower-priced items typically have shorter sell-through times.
Given the premium pricing, resellers should consider sourcing costs carefully to maintain profitability after Poshmark's fees. The potential return may be limited compared to higher-volume, lower-margin brands.
Michele faces challenges from high competition in its premium category and the general Poshmark trend favoring more affordable goods. Seasonal demand can also impact sales unpredictably.
Tips for Selling Michele
- Enhance listings with high-quality images and detailed descriptions to justify premium pricing.
- Utilize social sharing features on Poshmark to increase visibility and engagement.
- Consider promotional strategies such as discounts on bundles to encourage higher sales volumes.
- Stay active on the platform by sharing listings frequently to remain prominent in potential buyers' feeds.
- Leverage Poshmark's social community by participating in Posh Parties that cater to Michele's target demographic.