Sorel Sales Stats on Poshmark
Current Sorel performance metrics on Poshmark (last 30 days)
- Revenue Rank: #93
- Total Revenue: $155418
- Items Sold: 3546
- Average Sale Price: $44
- Unique Sellers: 2804
- Average Sales Per Day: 114
- Average Days to Sell: 20 days
How Sorel Performs on Poshmark
In the past month, Sorel generated $155,418 in revenue from 3546 items sold on Poshmark, holding a rank of 93 out of 1000 brands on the platform.
Sorel occupies rank 93 out of 1000 brands on Poshmark, accounting for a small but notable portion of the marketplace. This places Sorel within an active competitive space, illustrating its relevance and appeal to the platform's audience.
Compared to Poshmark's top 10 brands, Sorel's $155,418 revenue is significantly lower than the average of $1,375,901.10, indicating room for growth. The brand's stable performance suggests potential to expand its presence through social commerce tactics tailored for Poshmark's audience.
Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
---|---|---|---|---|---|---|
90 | Fp Movement By Free People | $162396 | 4251 | $38 | 2495 | 35 days |
91 | Carhartt | $156328 | 5422 | $29 | 4245 | 9 days |
92 | Mcm | $155799 | 1055 | $148 | 723 | 26 days |
93 | Sorel | $155418 | 3546 | $44 | 2804 | 20 days |
94 | Chico's | $154898 | 7840 | $20 | 5129 | 51 days |
95 | Loewe | $152967 | 512 | $299 | 456 | 49 days |
96 | L.l. Bean | $150953 | 5251 | $29 | 4136 | 12 days |
Sorel Pricing & Sales Data
Sorel's average price of $43.83 is significantly higher than Poshmark's overall marketplace median sale price of $24. This positions Sorel in the mid-range to premium segment on the platform, catering to customers looking for quality footwear.
Sorel's items take an average of 20.27 days to sell, which is faster than Poshmark's average of approximately 83.7 days (2008.52 hours). The brand's average sales per day of 114.39 reflect strong demand relative to Poshmark's general selling velocity.
Sorel sits next to competitors like Carhartt and Loft, which have similar sales figures but vastly different average prices. This highlights that while Sorel has a strong revenue, its price point might limit its market share compared to brands with lower average prices selling more items.
Sorel competition on Poshmark
With 2804 unique sellers, Sorel has a healthy competition level on Poshmark, indicating a vibrant resale market for its products. The distribution of sales suggests substantial seller activity, offering varying success rates among these sellers.
Most Successful Sorel Sellers
- vwchick96 - Monthly Revenue: $875.00
- pachba - Monthly Revenue: $813.00
- cecil_feli - Monthly Revenue: $739.00
Should You Resell Sorel on Poshmark? 👍
Sorel's strong revenue and quicker sell-through rates present a favorable opportunity for resellers. The higher average price also allows for better profit margins compared to other brands.
Typical sourcing costs may allow good ROI, particularly when factoring in Poshmark's selling fees. Given Sorel's average sale price, sellers can reasonably expect healthy margins on successful sales.
The primary risk lies in competition from both low-priced brands and fluctuating seasonal demands, as footwear trends can be highly volatile within Poshmark's audience. Additionally, strategic pricing adjustments may be needed to stay competitive.
Tips for Selling Sorel
- Highlight Sorel's unique features and quality in listings to justify the higher price point.
- Engage in community-building by sharing listings and building a social presence, helping items sell faster.
- Analyze sales patterns by season and source inventory that aligns with high-demand periods on Poshmark.
- Leverage offers on pairs and bundles to entice buyers seeking deals, balancing profitability with attractiveness.
- Utilize Poshmark's sharing and liking features consistently to enhance visibility and drive sales.