Key Statistics for Reformation
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #19
- Total Revenue: $508680
- Items Sold: 6860
- Average Sale Price: $74
- Unique Sellers: 5033
- Average Sales Per Day: 221
- Average Days to Sell: 38 days
Overview of Reformation
Reformation achieved a total revenue of $508,680 from 6,860 items sold last month. The average price per item was $74.15, with 5033 unique sellers contributing. The brand ranked 19th overall.
Market Position of Reformation
Reformation's average price per item ($74.15) significantly surpasses the overall marketplace average revenue per sale ($39.74) and median sale price ($23). However, the average days to sell (37.99 days) is much shorter compared to the marketplace average of approximately 84.2 days (2021.17 hours).
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
16 | Coach | $536503 | 10415 | $52 | 7548 | 39 days |
17 | Christian Louboutin | $529332 | 1745 | $303 | 1269 | 25 days |
18 | Lilly Pulitzer | $523562 | 14353 | $36 | 8855 | 45 days |
19 | Reformation | $508680 | 6860 | $74 | 5033 | 38 days |
20 | Abercrombie & Fitch | $469208 | 17850 | $26 | 12790 | 38 days |
21 | Vintage | $443918 | 15815 | $28 | 5709 | 68 days |
22 | Kate Spade | $428907 | 11168 | $38 | 7398 | 77 days |
Sales Performance of Reformation
Last month, Reformation saw an average daily sales volume of 221.29 items. This aligns with the high average price per item, indicating strong demand and value perception. The brand's total revenue and items sold reflect robust performance and efficiency in sales turnaround.
Top Sellers of Reformation on Poshmark
Top sellers like mytastenbudget ($6968.00), eilacamp ($5028.00), and changx1014 ($4993.00) contributed significantly to the overall revenue. These sellers likely have established reputations and effective sales strategies that can be modeled by others.
Top Sellers List
- mytastenbudget - Revenue: $6968.00
- eilacamp - Revenue: $5028.00
- changx1014 - Revenue: $4993.00
Recommendation 👍
The high average price and shorter sales cycle compared to the marketplace indicate a strong brand performance and demand on Poshmark. The significant contribution from top sellers also showcases the potential for profitable sales.
Suggestions for Sellers:
Sellers should focus on maintaining high listing standards and competitive pricing to leverage the strong demand for Reformation. Observing strategies from top sellers can provide insights into effective selling techniques.