Key Statistics for Steve Madden
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #121
- Total Revenue: $122110
- Items Sold: 3901
- Average Sale Price: $31
- Unique Sellers: 3376
- Average Sales Per Day: 126
- Average Days to Sell: 14 days
Overview of Steve Madden
In the past month, Steve Madden generated $122,110 in total revenue from 3901 sales with an average price of $31.30. There were 3376 unique sellers involved, and the average time to sell an item was 13.83 days. The brand ranked 121st in overall marketplace performance.
Market Position of Steve Madden
Steve Madden's average sale price of $31.30 is lower than the overall marketplace average of $40.38. However, it performs well in terms of speed, with items selling significantly faster (13.83 days, approximately 332 hours) compared to the marketplace average of 2008.52 hours. The brand's rank of 121 suggests it is moderately popular but has room to grow.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 118 | Tuckernuck | $123882 | 1808 | $69 | 1305 | 19 days |
| 119 | Pink Victoria's Secret | $123538 | 7322 | $17 | 4830 | 71 days |
| 120 | J. Jill | $122471 | 5967 | $21 | 4337 | 64 days |
| 121 | Steve Madden | $122110 | 3901 | $31 | 3376 | 14 days |
| 122 | Staud | $122057 | 1050 | $116 | 903 | 38 days |
| 123 | Loveshackfancy | $121924 | 1262 | $97 | 1036 | 26 days |
| 124 | Sam Edelman | $121840 | 3342 | $36 | 2804 | 17 days |
Sales Performance of Steve Madden
With 3901 items sold and an average of 125.84 sales per day, the brand is consistently moving inventory. The total revenue of $122,110 and an average price of $31.30 per item indicate a strong demand for Steve Madden products, though the price point is lower than the marketplace average. The brand's turnover rate is impressive, with items selling much faster than average, which is a positive indicator for sellers looking for quick sales.
Top Sellers of Steve Madden on Poshmark
The top three sellers—ladytori75 ($664.00), akshoes ($452.00), and bhfo ($449.00)—account for a small but notable portion of the overall revenue. These sellers are performing well in comparison to the average seller, suggesting that having a focused inventory and effective marketing strategies can significantly boost sales performance. However, their individual contributions are relatively small compared to the total monthly revenue, implying opportunities for other sellers to gain traction.
Top Sellers List
- ladytori75 - Revenue: $664.00
- akshoes - Revenue: $452.00
- bhfo - Revenue: $449.00
Recommendation 👍
Steve Madden's fast sales cycle and consistent demand make it an attractive brand for sellers who want to move inventory quickly. Despite the lower-than-average sale price, the volume of transactions and short selling time frame are strong positives.
Suggestions for Sellers:
Sellers should focus on competitive pricing to maintain volume, given the lower average price. Leveraging quick turnaround times, they can optimize their listings for fast sales, ensuring frequent inventory refreshment. Additionally, targeting popular sizes and styles could help sellers stand out and potentially achieve higher margins.