Reiss Sales Stats on Poshmark
Current Reiss performance metrics on Poshmark (last 30 days)
- Revenue Rank: #295
- Total Revenue: $49032
- Items Sold: 881
- Average Sale Price: $56
- Unique Sellers: 726
- Average Sales Per Day: 28
- Average Days to Sell: 48 days
How Reiss Performs on Poshmark
In the last month, Reiss generated $49,032 in revenue from 881 items sold, ranking 295 out of 1000 brands on Poshmark.
Reiss holds a position among the bottom half of Poshmark's marketplace with a rank of 295. With approximately 1,000 brands active on the platform, Reiss captures 2.54% of the market share based on revenue.
Reiss lags significantly behind the average revenue of Poshmark's top 10 brands, which is $1,375,901.10. This gap highlights potential growth opportunities, but Reiss's current pricing strategy may limit its appeal to the broader Poshmark audience accustomed to lower-priced items.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 292 | Meshki | $49846 | 842 | $59 | 751 | 44 days |
| 293 | Revolve | $49591 | 1030 | $48 | 772 | 39 days |
| 294 | Guess | $49327 | 2016 | $24 | 1866 | 27 days |
| 295 | Reiss | $49032 | 881 | $56 | 726 | 48 days |
| 296 | Maxmara | $48353 | 525 | $92 | 478 | 90 days |
| 297 | Franco Sarto | $47963 | 1611 | $30 | 1407 | 37 days |
| 298 | Mango | $47857 | 1387 | $35 | 1192 | 34 days |
Reiss Pricing & Sales Data
Reiss's average sale price of $55.65 positions it above Poshmark's overall median sale price of $24. This places Reiss in the mid to premium range, attracting customers willing to spend more for quality items.
Reiss has an average time to sale of 47.68 days, significantly lower than Poshmark's overall average of 2008.52 hours (approximately 84 days). With an average of 28.42 sales per day, Reiss is maintaining a healthy sales velocity relative to its competitors.
In comparison to nearby ranked brands, Reiss has a comparable revenue of $49,032 and an average price of $55.65. Schutz, its closest competitor at rank 291, has a slightly higher revenue of $49,915 but with a lower average price, indicating Reiss may target a more premium segment of the market.
Reiss competition on Poshmark
Reiss has 726 unique sellers, indicating a competitive landscape for sellers within Poshmark. This broad level of seller activity suggests diverse inventory and varying success rates among sellers focused on this brand.
Most Successful Reiss Sellers
- emmatie1 - Monthly Revenue: $865.00
- mon_ax - Monthly Revenue: $757.00
- makeel2 - Monthly Revenue: $608.00
Should You Resell Reiss on Poshmark? 👌
While Reiss demonstrates solid selling metrics on Poshmark, its positioning may limit its appeal to budget-conscious shoppers prevalent on the platform. The brand's mid-range pricing could affect its overall desirability among the more price-sensitive audience.
Considering Reiss’s average sale price of $55.65 against the platform's typical sourcing costs, Poshmark resellers can anticipate a favorable ROI, especially if they manage to acquire inventory at lower costs. Poshmark's fees should also be factored into each sale to maintain profitability.
Reiss faces challenges from increasing competition in the premium segment on Poshmark, as well as seasonal fluctuations in buyer demand. The brand must navigate the delicate balance of pricing strategies while remaining visible amongst lower-priced alternatives.
Tips for Selling Reiss
- Utilize Poshmark's social features to effectively engage buyers through consistent sharing and social interactions.
- Monitor and adjust pricing strategies based on current trends and competitor pricing to stay competitive and relevant.
- Utilize high-quality images and engaging descriptions to highlight the premium aspects of Reiss products, making them stand out somewhat in a crowded marketplace.
- Experiment with bundling items to drive sales volume, tapping into Poshmark's buyer preferences for deals.
- Consider timing sales promotions around key shopping periods to maximize exposure and drive sales.