Tiffany & Co. Sales Stats on Poshmark
Current Tiffany & Co. performance metrics on Poshmark (last 30 days)
- Revenue Rank: #34
- Total Revenue: $357644
- Items Sold: 1893
- Average Sale Price: $189
- Unique Sellers: 1365
- Average Sales Per Day: 61
- Average Days to Sell: 19 days
How Tiffany & Co. Performs on Poshmark
Tiffany & Co. generated $357,644 in revenue from 1,893 items sold last month, ranking 34 out of 1000 brands on Poshmark.
Tiffany & Co. holds a significant position within Poshmark, ranking 34 out of 1000 brands, capturing approximately 0.04% of the marketplace. This brand's unique appeal contributes to its distinct market share among luxury goods.
Tiffany & Co. falls short of the top 10 brands' average revenue of $1,375,901.10, suggesting room for growth. Despite revenue gaps, the brand attracts a discerning audience, which could enhance its performance in Poshmark's social commerce environment.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 31 | Vuori | $374993 | 9254 | $41 | 5862 | 18 days |
| 32 | Fendi | $370421 | 1560 | $237 | 1269 | 30 days |
| 33 | Polo Ralph Lauren | $368570 | 11495 | $32 | 8122 | 74 days |
| 34 | Tiffany & Co. | $357644 | 1893 | $189 | 1365 | 19 days |
| 35 | Levi's | $352489 | 14149 | $25 | 10655 | 53 days |
| 36 | Michael Kors | $350374 | 9142 | $38 | 6641 | 78 days |
| 37 | Everlane | $305338 | 8564 | $36 | 5511 | 51 days |
Tiffany & Co. Pricing & Sales Data
The average sale price for Tiffany & Co. items on Poshmark is $188.93, significantly higher than the overall marketplace median of $24. This places the brand in the premium segment of Poshmark pricing strategy, attracting consumers seeking luxury items.
Tiffany & Co. items have an average days to sell of 18.76, which is notably faster than the overall Poshmark average of 2008.52 hours. With an average of 61.06 sales per day, this brand demonstrates a strong sales velocity, appealing to buyers looking for luxury within a timely fashion.
In comparison to neighboring brands, Tiffany & Co. ranks closely to Hermes and Fendi, with similar average price points but slightly lower revenue. While its market share is competitive, brands like Hermes outperform it in revenue and number of items sold, necessitating strategic differentiation.
Tiffany & Co. competition on Poshmark
There are 1,365 unique sellers of Tiffany & Co. items on Poshmark, indicating a healthy level of competition within the brand's community. High-performing sellers like blueskiesboxes exhibit strong success rates, enhancing competition and driving average sales.
Most Successful Tiffany & Co. Sellers
- blueskiesboxes - Monthly Revenue: $11459.00
- authenticbling - Monthly Revenue: $5740.00
- kittygirl246 - Monthly Revenue: $5525.00
Should You Resell Tiffany & Co. on Poshmark? 👍
Tiffany & Co. is an appealing brand for resellers on Poshmark due to its strong sales velocity and premium pricing strategy, positioning sellers to attract buyers of luxury goods.
With an average sales price significantly above the overall marketplace average, the ROI for reselling Tiffany & Co. items can be lucrative if sourced wisely. Sellers should consider typical sourcing costs and Poshmark fees to optimize their margins.
However, the competition among sellers can be intense, especially with prominent resellers dominating sales in this category. Seasonal trends may also affect demand, making timing crucial.
Tips for Selling Tiffany & Co.
- Research current selling trends, focusing on Tiffany & Co. items that have high sell-through rates.
- Utilize Poshmark's social features, such as sharing and following, to build engagement and visibility for listings.
- Monitor competitive pricing by observing similar listings to ensure pricing is attractive yet profitable.
- Leverage Poshmark's offer feature to encourage quick sales, especially in competitive periods.
- Stay informed on seasonal trends and adjust inventory accordingly to meet buyer demand.