Key Statistics for Steve Madden
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #136
- Total Revenue: $104272
- Items Sold: 3503
- Average Sale Price: $30
- Unique Sellers: 3041
- Average Sales Per Day: 113
- Average Days to Sell: 13 days
Overview of Steve Madden
Steve Madden generated $104272 in revenue from 3503 items sold by 3041 unique sellers. The average price per item was $29.77, and items took an average of 13.3 days to sell. The brand currently ranks 136th on Poshmark.
Market Position of Steve Madden
Steve Madden's average sale price of $29.77 is below the overall marketplace average of $39.74 but above the median sale price of $23. With an average of 13.3 days to sell, Steve Madden performs significantly better than the marketplace average of 2021.17 hours.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 133 | Ulla Johnson | $105473 | 1039 | $102 | 882 | 42 days |
| 134 | Michael Michael Kors | $105182 | 3047 | $35 | 2579 | 16 days |
| 135 | Tom Ford | $104552 | 896 | $117 | 719 | 36 days |
| 136 | Steve Madden | $104272 | 3503 | $30 | 3041 | 13 days |
| 137 | Alexander Mcqueen | $103686 | 605 | $171 | 553 | 58 days |
| 138 | Dansko | $103280 | 2720 | $38 | 2214 | 20 days |
| 139 | Yeezy | $101132 | 1203 | $84 | 1057 | 26 days |
Sales Performance of Steve Madden
The total revenue of $104272 and 3503 items sold indicate strong demand for Steve Madden products on Poshmark. The average sales of 113 items per day demonstrate consistent performance. However, the average price of $29.77 is lower than the overall marketplace average revenue per sale, suggesting potential for price optimization.
Top Sellers of Steve Madden on Poshmark
The top sellers for Steve Madden are ladytori75 ($580.00), bhfo ($577.00), and savanna_shoess ($510.00). These sellers have significantly contributed to the brand's overall revenue, indicating effective sales strategies and possibly higher inventory turnover rates.
Top Sellers List
- ladytori75 - Revenue: $580.00
- bhfo - Revenue: $577.00
- savanna_shoess - Revenue: $510.00
Recommendation 👍
Despite a lower average sale price compared to the marketplace average, the strong sales volume, quick turnover, and consistent daily sales make Steve Madden a viable brand for sellers on Poshmark.
Suggestions for Sellers:
Sellers should consider maintaining competitive pricing to boost volume while exploring opportunities for slight price increases. Additionally, leveraging successful strategies from top sellers like ladytori75, bhfo, and savanna_shoess could enhance overall performance.