Key Statistics for Prada
The following data represents performance for the last month on Poshmark.
- 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
Overview of Prada
Prada performed strongly on Poshmark last month, generating $726,326 in revenue from 3852 items sold, with an average price of $188.56. The brand achieved a high level of activity from 3192 unique sellers and maintained a ranking of 11th overall on the platform.
Market Position of Prada
Compared to overall marketplace averages, Prada commands a significantly higher average price per sale ($188.56 vs. $40.38) and sells much faster (67.73 days vs. over 83 days for the average item). This places Prada in a premium position, appealing to high-end buyers and sellers. However, it also requires more seller expertise to maintain competitiveness at this price point.
| 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 |
Sales Performance of Prada
Prada's sales performance is notable, with 3852 items sold and an average of 124.26 sales per day. Its total revenue of $726,326 reflects a strong demand for the brand, driven by its premium pricing. The average time to sell Prada items (67.73 days) is considerably faster than the platform average (2008.52 hours, or approximately 83.69 days). This suggests that Prada items are in demand and move relatively quickly on Poshmark.
Top Sellers of Prada on Poshmark
The top sellers—justbag_net ($9597.00), elady ($7984.00), and brandstreet ($5796.00)—are significant contributors to Prada sales. Their high revenue suggests a successful strategy of sourcing and pricing premium items. These sellers likely benefit from strong inventory curation, customer trust, and effective promotion, which helped them stand out in a competitive market.
Top Sellers List
- justbag_net - Revenue: $9597.00
- elady - Revenue: $7984.00
- brandstreet - Revenue: $5796.00
Recommendation 👍
Prada is a high-demand, premium brand on Poshmark with strong sales performance, a favorable average price point, and a relatively quick sell-through rate compared to marketplace averages. This makes it an attractive option for sellers looking to maximize their earnings.
Suggestions for Sellers:
Sellers should focus on sourcing authentic, high-quality Prada items and pricing them competitively within the $188.56 average range. Given the faster sell-through rate, sellers should also monitor inventory turnover carefully and consider offering promotions or discounts to further accelerate sales. Leveraging the strategies of top sellers like justbag_net may also prove beneficial, such as by building a strong seller profile, offering detailed item descriptions, and engaging with potential buyers to build trust.