Spanx Sales Stats on Poshmark
Current Spanx performance metrics on Poshmark (last 30 days)
- Revenue Rank: #106
- Total Revenue: $137194
- Items Sold: 3920
- Average Sale Price: $35
- Unique Sellers: 3059
- Average Sales Per Day: 126
- Average Days to Sell: 10 days
How Spanx Performs on Poshmark
Spanx generated $137,194 in revenue over the last month, selling 3,920 items. The brand ranks 106 out of 1000 on Poshmark.
Spanx holds a strong position within Poshmark, making up approximately 0.01% of the total brands on the platform. As it ranks 106th, it is in the upper tier compared to the vast array of brands available.
Spanx’s revenue of $137,194 is significantly lower than the average revenue of top 10 brands at $1,375,901.10, demonstrating a gap that could provide growth opportunities if leveraged effectively within inventory and marketing strategies.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 103 | Ann Taylor | $141462 | 6731 | $21 | 5362 | 69 days |
| 104 | Aerie | $140151 | 8320 | $17 | 5797 | 37 days |
| 105 | Banana Republic | $137697 | 5692 | $24 | 4669 | 10 days |
| 106 | Spanx | $137194 | 3920 | $35 | 3059 | 10 days |
| 107 | Van Cleef & Arpels | $137045 | 189 | $725 | 150 | 83 days |
| 108 | Valentino Garavani | $136791 | 493 | $277 | 452 | 66 days |
| 109 | Givenchy | $136007 | 959 | $142 | 787 | 38 days |
Spanx Pricing & Sales Data
With an average price of $35.00, Spanx's pricing strategy sits between the marketplace median sale price of $24 and the overall average price per sale of $40.38, indicating a mid-range position on Poshmark.
Spanx's average days to sell is 9.56, significantly faster than the overall marketplace average of 2008.52 hours. It also averages about 126.45 sales per day, showcasing a healthy turnover relative to similar brands.
In comparison to its neighboring brands, Spanx’s revenue is closely matched, with direct competitors like Banana Republic and Clare V also in the same ranking range. Spanx's performance, while solid, highlights room for growth against these similarly ranked brands.
Spanx competition on Poshmark
The brand has 3,059 unique sellers on Poshmark, indicating a competitive landscape with diverse seller representation. This level of seller activity suggests opportunities for reseller collaboration or competition in marketing strategies.
Most Successful Spanx Sellers
- golfforladies - Monthly Revenue: $801.00
- loverlygrey - Monthly Revenue: $542.00
- recycledthread - Monthly Revenue: $483.00
Should You Resell Spanx on Poshmark? 👍
Given Spanx’s relatively high sales velocity and mid-range pricing, it is regarded as a good option for Poshmark resellers, particularly for those targeting a demographic that values quality apparel.
Resellers can anticipate a reasonable profit margin, with typical sourcing costs allowing for adequate markup within Poshmark's set price range and platform fees.
Possible challenges include a high number of active sellers and fluctuating demand during seasonal peaks, which can affect inventory turnover rates and pricing strategies on Poshmark.
Tips for Selling Spanx
- Leverage Poshmark's social features to enhance visibility for Spanx listings, such as sharing and engaging with buyers.
- Focus on high-quality photography and compelling descriptions to differentiate from the competition.
- Stay informed on pricing trends and adjust strategies accordingly to remain attractive amidst competing sellers.