How well Skims sells on Poshmark

Skims generated $217,400 in revenue on Poshmark last month, ranking 64th among 1000 brands with 6,838 items sold.

Skims Sales Stats on Poshmark

Current Skims performance metrics on Poshmark (last 30 days)

  • Revenue Rank: #64
  • Total Revenue: $217400
  • Items Sold: 6838
  • Average Sale Price: $32
  • Unique Sellers: 3598
  • Average Sales Per Day: 221
  • Average Days to Sell: 29 days

How Skims Performs on Poshmark

In the last month, Skims achieved total revenue of $217,400, with 6,838 items sold, and holds the rank of 64 out of 1,000 brands on Poshmark.

Skims occupies the 64th position out of 1,000 brands on Poshmark, representing approximately 0.009% of the total marketplace. This indicates a modest market share in a competitive landscape.

Skims' revenue of $217,400 is considerably below the average of top 10 brands, which is $1,375,901.10. Particularly in the current market, Skims has opportunities to grow its revenue through enhanced engagement with Poshmark’s unique buyer demographics.

Rank Brand Total Revenue Items Sold Avg Sale Price Unique Sellers Avg Days to Sell
61 Dooney & Bourke $229268 3947 $58 2754 11 days
62 Versace $229155 1451 $158 1107 22 days
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

Skims Pricing & Sales Data

With an average sale price of $31.79, Skims is positioned as a mid-range brand compared to Poshmark's overall median sale price of $24. The pricing strategy indicates a conscious effort to maintain accessibility while positioning itself above budget brands.

Skims has an average of 28.98 days to sell items, which is significantly slower than the marketplace average of 2008.52 hours. With an average of 220.58 sales per day, this performance reflects a need for strategies to enhance turnover, particularly in the context of Poshmark's social shopping dynamics.

In the immediate ranking range, Skims competes with brands such as Alice + Olivia (Rank 60) and Dooney & Bourke (Rank 61). With each of these brands showing higher revenue, Skims must focus on differentiating its offerings to gain a larger market share.

Skims competition on Poshmark

Skims features 3,598 unique sellers, showcasing moderate competition within the Poshmark platform. The number of active sellers suggests variability in success rates, impacting overall market dynamics for the brand's items.

Most Successful Skims Sellers

  1. pattyspastime - Monthly Revenue: $5291.00
  2. annab6947 - Monthly Revenue: $3773.00
  3. alineweaver - Monthly Revenue: $3420.00

Should You Resell Skims on Poshmark? 👌

While Skims shows strong revenue and sales figures, the slower average sell-through rate indicates potential challenges for resellers on Poshmark. Navigating these factors is essential for maximized sales performance.

Poshmark's typical sourcing costs for mid-range brands like Skims align well with its average price, but resellers should account for platform fees which can impact profitability. A good sell-through rate can still provide favorable ROI despite the slower velocity.

Resellers should be aware of increased competition and price sensitivity within the Poshmark marketplace. Seasonal trends may also affect sales patterns, particularly for brands in niches like intimates.

Tips for Selling Skims

  • Utilize Poshmark's social features, like sharing and following, to increase visibility of Skims listings.
  • Leverage seasonal promotions or bundle deals for Skims items to enhance appeal and encourage faster sales.
  • Monitor competitor pricing closely to adjust listings dynamically and maintain competitiveness.
  • Engage with buyers through comments and offers to build relationships and facilitate quicker movement of inventory.
  • Regularly refresh listings and optimize descriptions with relevant keywords to enhance discoverability.

Brands with Similar Ranking

Versace

  • Revenue: $229155
  • Items Sold: 1451
  • Avg Price: $158
View Details

Old Navy

  • Revenue: $223372
  • Items Sold: 17939
  • Avg Price: $12
View Details

Lauren Ralph Lauren

  • Revenue: $214292
  • Items Sold: 6856
  • Avg Price: $31
View Details

Salvatore Ferragamo

  • Revenue: $212960
  • Items Sold: 2093
  • Avg Price: $102
View Details

Top 3 Brands on Poshmark

Louis Vuitton

  • Revenue: $2641031
  • Items Sold: 7827
  • Avg Price: $337
View Details

Gucci

  • Revenue: $2134681
  • Items Sold: 9307
  • Avg Price: $229
View Details

Chanel

  • Revenue: $2093122
  • Items Sold: 5215
  • Avg Price: $401
View Details
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