Key Statistics for Prada
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #10
- Total Revenue: $701628
- Items Sold: 3922
- Average Sale Price: $179
- Unique Sellers: 3212
- Average Sales Per Day: 127
- Average Days to Sell: 66 days
Overview of Prada
Prada generated $701,628 in revenue from 3922 items, with an average price of $178.90. There were 3212 unique sellers, and the brand ranked 10th in sales.
Market Position of Prada
Prada's average sale price of $178.90 significantly exceeds the marketplace average of $39.74 and median of $23, indicating a premium position. The average days to sell is 65.61, much faster than the marketplace average of 2021.17 hours, highlighting strong demand.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 7 | Anthropologie | $744823 | 19772 | $38 | 11511 | 42 days |
| 8 | J. Crew | $727306 | 24576 | $30 | 14945 | 43 days |
| 9 | Tory Burch | $725835 | 10871 | $67 | 8098 | 33 days |
| 10 | Prada | $701628 | 3922 | $179 | 3212 | 66 days |
| 11 | Zara | $654453 | 24467 | $27 | 14997 | 43 days |
| 12 | Madewell | $631148 | 20468 | $31 | 12405 | 31 days |
| 13 | Adidas | $592926 | 19498 | $30 | 15238 | 55 days |
Sales Performance of Prada
Prada's total revenue of $701,628 from 3922 items translates to an average sales per day of 126.52. The high average price per item ($178.90) and the relatively quick turnover rate (65.61 days) indicate efficient sales performance and a strong market for high-value items.
Top Sellers of Prada on Poshmark
The top sellers, justbag_net ($12196.00), elady ($7223.00), and rebag ($6888.00) show a concentration of revenue among a few sellers. Justbag_net leads significantly, suggesting effective sales strategies or inventory management.
Top Sellers List
- justbag_net - Revenue: $12196.00
- elady - Revenue: $7223.00
- rebag - Revenue: $6888.00
Recommendation 👍
Prada's high average sale price and quick turnover rate compared to the marketplace averages indicate a strong market demand and potential for profitability.
Suggestions for Sellers:
Sellers should focus on maintaining high-quality listings and competitive pricing strategies. Leveraging quick turnover rates, they can optimize inventory management. Additionally, studying top sellers like justbag_net for best practices could enhance performance.