How well Prada sells on Poshmark

Prada saw impressive Poshmark revenue of $726,326 last month with strong sales performance, ranking 11th among 1000 brands.

Prada Sales Stats on Poshmark

Current Prada performance metrics on Poshmark (last 30 days)

  • Revenue Rank: #11
  • Total Revenue: $726326
  • Items Sold: 3852
  • Average Sale Price: $189
  • Unique Sellers: 3192
  • Average Sales Per Day: 124
  • Average Days to Sell: 68 days

How Prada Performs on Poshmark

In the past month, Prada generated $726,326 in revenue by selling 3,852 items, maintaining a rank of 11 out of 1,000 brands on Poshmark.

Prada holds a 2.8% market share among the top 1,000 brands on Poshmark, showcasing its strong presence within the platform’s luxury segment. This rank positions Prada as a premium brand favored by Poshmark's audience.

In comparison to the top 10 brands on Poshmark, Prada is close in revenue to Tory Burch but falls short of the higher-performing brands like Anthropologie and J. Crew. The brand's positioning indicates that while it is a strong player in the luxury segment, there is room for growth in terms of items sold and overall brand visibility.

Rank Brand Total Revenue Items Sold Avg Sale Price Unique Sellers Avg Days to Sell
8 J. Crew $767714 25495 $30 15718 43 days
9 Coach $757222 14022 $54 9356 29 days
10 Tory Burch $728768 10866 $67 8191 35 days
11 Prada $726326 3852 $189 3192 68 days
12 Zara $673743 25177 $27 15664 41 days
13 Madewell $666623 21042 $32 12824 30 days
14 Patagonia $640087 16377 $39 11929 37 days

Prada Pricing & Sales Data

Prada's average sale price of $188.56 is significantly higher than the overall marketplace median of $24, indicating a premium pricing strategy. The brand is firmly in the luxury segment on Poshmark, appealing to consumers seeking high-end fashion items.

Prada's average days to sell is 67.73, which is notably higher than the overall marketplace average of approximately 83.69 days (2008.52 hours). With average sales per day at 124.26, the brand outperforms the overall marketplace average of 40.38 sales per day.

Within the immediate ranking of brands (7 to 15), Prada outperforms Coach and Tory Burch in terms of average price point and revenue, while facing high item volumes from competitors like Anthropologie and J. Crew. Prada's unique value proposition as a luxury brand positions it well against these competitors.

Prada competition on Poshmark

There are 3,192 unique sellers for Prada on Poshmark, showcasing a competitive selling environment. The high number of sellers can indicate both a strong interest in the brand and increased competition, which may impact individual seller success rates.

Most Successful Prada Sellers

  1. justbag_net - Monthly Revenue: $9597.00
  2. elady - Monthly Revenue: $7984.00
  3. brandstreet - Monthly Revenue: $5796.00

Should You Resell Prada on Poshmark? 👍

Prada's strong sales figures and premium positioning make it an attractive option for Poshmark resellers looking to sell luxury items.

Resellers can benefit from higher sale prices typical of Prada items; however, they should factor in Poshmark fees and competitive pricing strategies aimed at achieving favorable sell-through rates.

The main challenges for resellers include increased competition among sellers and the potential for price deflation if the volume of available Prada items rises significantly on the platform.

Tips for Selling Prada

  • Utilize quality and visually appealing photography for listings to attract luxury buyers.
  • Engage actively with the Poshmark community by sharing listings frequently to increase visibility.
  • Price competitively by researching similar sold listings to offer appealing deals while maintaining a good margin.
  • Market rare or limited-edition pieces effectively to draw in specific niche buyers within Poshmark's luxury segment.
  • Provide detailed descriptions emphasizing authenticity and quality craftsmanship to enhance buyer confidence.

Brands with Similar Ranking

Coach

  • Revenue: $757222
  • Items Sold: 14022
  • Avg Price: $54
View Details

Tory Burch

  • Revenue: $728768
  • Items Sold: 10866
  • Avg Price: $67
View Details

Zara

  • Revenue: $673743
  • Items Sold: 25177
  • Avg Price: $27
View Details

Madewell

  • Revenue: $666623
  • Items Sold: 21042
  • Avg Price: $32
View Details

Top 3 Brands on Poshmark

Louis Vuitton

  • Revenue: $2641031
  • Items Sold: 7827
  • Avg Price: $337
View Details

Gucci

  • Revenue: $2134681
  • Items Sold: 9307
  • Avg Price: $229
View Details

Chanel

  • Revenue: $2093122
  • Items Sold: 5215
  • Avg Price: $401
View Details
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