Key Statistics for Salvatore Ferragamo
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #66
- Total Revenue: $212960
- Items Sold: 2093
- Average Sale Price: $102
- Unique Sellers: 1801
- Average Sales Per Day: 68
- Average Days to Sell: 85 days
Overview of Salvatore Ferragamo
Salvatore Ferragamo saw strong performance last month with $212,960 in revenue from 2093 items sold. The average sale price was $101.75, and the brand ranked 66th overall on Poshmark.
Market Position of Salvatore Ferragamo
Salvatore Ferragamo is positioned as a premium brand on Poshmark, with a significantly higher average sale price of $101.75 compared to the overall marketplace's $40.38. Additionally, the brand's average days to sell (84.58) is much faster than the marketplace average of 2008.52 hours (approximately 83.69 days). This suggests a healthy demand with quicker turnover than many other brands.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 63 | Old Navy | $223372 | 17939 | $12 | 12819 | 70 days |
| 64 | Skims | $217400 | 6838 | $32 | 3598 | 29 days |
| 65 | Lauren Ralph Lauren | $214292 | 6856 | $31 | 5542 | 90 days |
| 66 | Salvatore Ferragamo | $212960 | 2093 | $102 | 1801 | 85 days |
| 67 | Doen | $212768 | 1617 | $132 | 1162 | 18 days |
| 68 | Gap | $210280 | 12807 | $16 | 10144 | 95 days |
| 69 | Under Armour | $206792 | 12043 | $17 | 8729 | 68 days |
Sales Performance of Salvatore Ferragamo
The brand's 2093 items sold last month yielded $212,960 in total revenue, placing the average revenue per sale at $101.75, which is 151.94% higher than the marketplace average of $40.38. The average sales per day were 67.52, which is consistent with steady demand. However, the average time to sell (84.58 days) could indicate room for improvement in inventory movement despite being faster than the marketplace average.
Top Sellers of Salvatore Ferragamo on Poshmark
Top sellers such as stephsposh2023, nari_lux_sneakz, and elady contributed significantly to the brand's revenue, with sales ranging from $1954 to $2220. This indicates that experienced sellers with a niche in luxury items are excelling. These sellers likely have a strong understanding of the brand's market and how to price and promote items effectively.
Top Sellers List
- stephsposh2023 - Revenue: $2220.00
- nari_lux_sneakz - Revenue: $2216.00
- elady - Revenue: $1954.00
Recommendation 👍
Salvatore Ferragamo's strong average sale price and faster-than-average selling time make it a desirable brand for Poshmark sellers. The brand's premium position and healthy demand indicate good profit potential.
Suggestions for Sellers:
Sellers should focus on sourcing high-quality, in-demand Ferragamo items and pricing competitively. Leveraging strong photography and detailed descriptions can further reduce selling times. Given the higher price point, offering promotions or discounts may also enhance sales velocity for less popular items.