Key Statistics for Nike
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #5
- Total Revenue: $1069782
- Items Sold: 41246
- Average Sale Price: $26
- Unique Sellers: 26428
- Average Sales Per Day: 1331
- Average Days to Sell: 26 days
Overview of Nike
Nike generated $1,069,782 in revenue with 41,246 items sold at an average price of $25.94. It took an average of 25.80 days to sell an item, and the brand ranked 5th last month.
Market Position of Nike
Nike's average sales price of $25.94 is below the overall marketplace average of $39.74 but above the median sale price of $23. The average time to sell an item is considerably faster at 619.2 hours compared to the marketplace average of 2021.17 hours.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 2 | Gucci | $2118577 | 9368 | $226 | 6669 | 43 days |
| 3 | Chanel | $1988036 | 5162 | $385 | 3453 | 45 days |
| 4 | Lululemon Athletica | $1353703 | 39423 | $34 | 20401 | 16 days |
| 5 | Nike | $1069782 | 41246 | $26 | 26428 | 26 days |
| 6 | Free People | $917834 | 22979 | $40 | 13590 | 19 days |
| 7 | Anthropologie | $744823 | 19772 | $38 | 11511 | 42 days |
| 8 | J. Crew | $727306 | 24576 | $30 | 14945 | 43 days |
Sales Performance of Nike
Nike's total revenue of $1,069,782 from 41,246 items sold indicates a high volume of transactions. The average sales per day were 1330.52, with items selling faster than the overall marketplace average.
Top Sellers of Nike on Poshmark
Top sellers such as owengail ($4500.00), styledbykimm ($2977.00), and orlresell ($2965.00) have significantly contributed to the revenue. These sellers have optimized their strategies to achieve higher sales volumes.
Top Sellers List
- owengail - Revenue: $4500.00
- styledbykimm - Revenue: $2977.00
- orlresell - Revenue: $2965.00
Recommendation 👍
Nike demonstrates strong sales volume and a quick turnover rate despite a lower average price per sale. The brand's high ranking and revenue indicate it is a popular choice among buyers.
Suggestions for Sellers:
Sellers should focus on competitive pricing to maintain high sales volumes. Leveraging quick turnover rates, they should also ensure a steady supply of new inventory. Observing and learning from top sellers' strategies can provide useful insights.