Key Statistics for New Balance
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #52
- Total Revenue: $251947
- Items Sold: 6386
- Average Sale Price: $39
- Unique Sellers: 5340
- Average Sales Per Day: 206
- Average Days to Sell: 54 days
Overview of New Balance
New Balance generated $251,947 in revenue last month on Poshmark from 6,386 items sold, with an average price of $39.45 per item. It had 5,340 unique sellers and an average daily sales volume of 206 items. The brand is ranked 52nd overall in terms of sales performance.
Market Position of New Balance
New Balance's average sale price ($39.45) is slightly below the marketplace average ($40.38) but well above the median sale price of $24, indicating a higher-value product. The brand's average time to sell (53.68 days, or approximately 1,288 hours) is significantly faster than the marketplace average of 2008.52 hours, making it a relatively quick-selling brand.
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
49 | Balenciaga | $264759 | 1071 | $247 | 953 | 44 days |
50 | Vans | $259496 | 10544 | $25 | 7978 | 67 days |
51 | Mother | $259098 | 3871 | $67 | 2976 | 15 days |
52 | New Balance | $251947 | 6386 | $39 | 5340 | 54 days |
53 | American Eagle Outfitters | $251870 | 15512 | $16 | 11007 | 47 days |
54 | Cartier | $249288 | 539 | $463 | 442 | 41 days |
55 | Golden Goose | $249244 | 1337 | $186 | 1186 | 29 days |
Sales Performance of New Balance
New Balance performed robustly with a total of 6,386 items sold last month. The average sale price of $39.45 is competitive, though marginally below the overall platform average. However, the brand's faster sell-through time is a strong indicator of demand. With an average of 206 items sold per day, New Balance demonstrates consistent daily sales. Despite this, the brand is currently ranked 52nd, suggesting room for growth relative to other brands on the platform.
Top Sellers of New Balance on Poshmark
The top three sellers — karmak1984 ($1,282), cobblercloset ($1,055), and ckskicksthrifts ($936) — are responsible for a small but notable share of the overall revenue. These top sellers likely specialize in sourcing in-demand or rare New Balance items, capitalizing on niche markets or premium models. While they account for a modest fraction of total sales, their high revenue compared to the average seller points to potential advantages in consistent sourcing or pricing strategies.
Top Sellers List
- karmak1984 - Revenue: $1282.00
- cobblercloset - Revenue: $1055.00
- ckskicksthrifts - Revenue: $936.00
Recommendation 👍
New Balance shows strong demand with a fast sell-through rate and respectable average price. The brand is performing better than many others in terms of turnover time, and its average price is close to the marketplace average, making it a solid option for sellers.
Suggestions for Sellers:
Sellers should focus on maintaining competitive pricing near or slightly above the $40.38 marketplace average to maximize revenue. Additionally, sourcing high-demand models could further decrease the time to sell. With the brand ranked 52nd, there is potential to climb the ranks by increasing listing frequency and enhancing product visibility.