Sherri Hill Sales Stats on Poshmark
Current Sherri Hill performance metrics on Poshmark (last 30 days)
- Revenue Rank: #266
- Total Revenue: $53766
- Items Sold: 377
- Average Sale Price: $143
- Unique Sellers: 334
- Average Sales Per Day: 12
- Average Days to Sell: 126 days
How Sherri Hill Performs on Poshmark
In the last month, Sherri Hill generated total revenue of $53,766, sold 377 items, and ranks 266 out of 1000 brands on Poshmark.
Sherri Hill is positioned within the competitive realm of Poshmark as the 266th brand out of a thousand. This implies a market share percentage of approximately 0.04% within the platform's diverse offerings.
Sherri Hill trails notably behind Poshmark's top 10 brands, which average a staggering $1,375,901.10 in revenue. This highlights a significant gap and suggests that Sherri Hill could benefit from strategies aimed at increasing market share and sales velocity, particularly leveraging Poshmark's social selling aspects.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 263 | Adidas Originals | $54523 | 1073 | $51 | 987 | 33 days |
| 264 | Puma | $54337 | 2179 | $25 | 1999 | 22 days |
| 265 | Lularoe | $54267 | 3812 | $14 | 2146 | 90 days |
| 266 | Sherri Hill | $53766 | 377 | $143 | 334 | 126 days |
| 267 | Balmain | $53719 | 305 | $176 | 275 | 109 days |
| 268 | Pottery Barn Kids | $53438 | 1506 | $35 | 1294 | 21 days |
| 269 | Michele | $53371 | 222 | $240 | 203 | 119 days |
Sherri Hill Pricing & Sales Data
Sherri Hill's average sale price of $142.62 is notably higher than the overall marketplace median sale price of $24. This places Sherri Hill in a premium pricing category on Poshmark, appealing to a market willing to invest in designer apparel.
With an average of 12.16 sales per day and an average selling period of 125.63 days, Sherri Hill's performance indicates that items are sold considerably slower than the overall marketplace average of 2008.52 hours to sell. This slower sales velocity might be influenced by the brand's higher price point and specialized audience.
In the immediate competitive landscape, Sherri Hill ranks closely to brands like Rick Owens and Adidas Originals, with similar revenue metrics but markedly different pricing strategies. Performance in this segment indicates that while Sherri Hill is doing well, it faces strong competition from brands generating higher item sales at lower prices.
Sherri Hill competition on Poshmark
Sherri Hill has 334 unique sellers on Poshmark, suggesting a competitive landscape in terms of seller presence. Seller success rates appear positive, but competition may drive prices down, impacting individual seller margins.
Most Successful Sherri Hill Sellers
- lamarcusholl823 - Monthly Revenue: $1397.00
- michaelsam1 - Monthly Revenue: $1246.00
- fashionsavvy99 - Monthly Revenue: $955.00
Should You Resell Sherri Hill on Poshmark? 👌
While Sherri Hill has a strong revenue stream, the slower sales velocity and competition can pose challenges for resellers. It may not be the first choice for new Poshmark sellers focused on quick turnover.
Resellers can typically expect decent ROI by sourcing Sherri Hill items at prices reflecting their premium status. However, Poshmark fees should be carefully calculated to maintain profitability given the higher average sale price.
Competition from numerous sellers and fluctuating price trends around seasonal events can challenge profitability. Additionally, reliance solely on premium buyers may limit sales opportunities during low demand periods.
Tips for Selling Sherri Hill
- Leverage influencer partnerships on Poshmark to enhance exposure and drive traffic to Sherri Hill listings.
- Optimize listings with high-quality images and detailed descriptions to attract the premium buyer demographic.
- Utilize Poshmark's sharing features consistently to keep Sherri Hill items visible and engage potential buyers actively.
- Explore bundling strategies to increase average sale prices while offering attractive deals to buyers.
- Monitor pricing trends closely to remain competitive against similar brands and adjust accordingly.