Nike Sales Stats on Poshmark
Current Nike performance metrics on Poshmark (last 30 days)
- Revenue Rank: #5
- Total Revenue: $1210709
- Items Sold: 42352
- Average Sale Price: $29
- Unique Sellers: 27272
- Average Sales Per Day: 1366
- Average Days to Sell: 25 days
How Nike Performs on Poshmark
In the last month, Nike generated $1,210,709.00 in revenue with 42,352 items sold, ranking 5 out of 1000 brands on Poshmark.
Nike holds a 4.49% market share in Poshmark's seller community, positioned as a leading brand within the platform. With over 1,000 brands listed, Nike's high rank illustrates its competitive presence.
Compared to Poshmark's top 10 brands, Nike falls short in revenue relative to brands like Louis Vuitton and Gucci, which generate significantly higher sales volumes. However, its competitive average price and sweet spot in quicker sales present potential for growth in this environment.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 2 | Gucci | $2134681 | 9307 | $229 | 6669 | 48 days |
| 3 | Chanel | $2093122 | 5215 | $401 | 3551 | 45 days |
| 4 | Lululemon Athletica | $1570367 | 46222 | $34 | 22611 | 13 days |
| 5 | Nike | $1210709 | 42352 | $29 | 27272 | 25 days |
| 6 | Free People | $1067628 | 26162 | $41 | 14886 | 17 days |
| 7 | Anthropologie | $787769 | 20506 | $38 | 11828 | 43 days |
| 8 | J. Crew | $767714 | 25495 | $30 | 15718 | 43 days |
Nike Pricing & Sales Data
Nike's average sale price is $28.59, significantly below Poshmark's overall marketplace average of $40.38. This positions Nike in a mid-range pricing strategy, appealing to budget-conscious shoppers but still allowing for some premium items.
Nike items sell in an average of 24.70 days, which is favorable compared to Poshmark's overall average of approximately 2008.52 hours (about 84.5 days). With daily sales averaging 1,366.19, Nike shows strong sales momentum on the platform.
Nike, ranking 5th, trails closely behind Lululemon Athletica. While Nike's revenue of $1.21M is substantial, Lululemon’s $1.57M highlights the competitive pressures within this segment, making differentiation key for resellers.
Nike competition on Poshmark
Nike has 27,272 unique sellers, showcasing a competitive yet saturated marketplace. The high number of active sellers may dilute individual seller success but increases opportunities for diverse product offerings.
Most Successful Nike Sellers
- sunshinesails - Monthly Revenue: $30005.00
- owengail - Monthly Revenue: $9297.00
- mdstyles17 - Monthly Revenue: $4605.00
Should You Resell Nike on Poshmark? 👍
With consistent sales and a strong rank, Nike is ideal for Poshmark resellers looking for fast-moving inventory. Its competitive pricing also attracts a wide range of buyers.
Average sourcing costs for Nike items often align well with their sales prices, ensuring favorable ROI when Poshmark fees are accounted for, especially with items selling swiftly.
Intense competition among 27,272 sellers can challenge visibility. Price degradation in a saturated market, especially during seasonal discounts, may impact profitability.
Tips for Selling Nike
- Leverage Poshmark's social features by sharing listings frequently and participating in community events to boost visibility.
- Consider bundling items to increase average order value and attract buyers looking for deals.
- Stay updated on sneaker and apparel trends to stock items that will resonate with Poshmark's buyer demographics.
- Optimize listing descriptions and photos, emphasizing brand authenticity and condition to stand out in a crowded marketplace.
- Utilize strategic pricing tactics, such as timed discounts or offers, to maintain buyer interest without sacrificing margins.