Key Statistics for Tiffany & Co.
The following data represents performance for the last month on Poshmark.
- 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
Overview of Tiffany & Co.
Tiffany & Co. generated a total revenue of $357,644 last month, with 1,893 items sold at an average price of $188.93. The brand's current rank is 34, with 1,365 unique sellers contributing to its sales. On average, items took 18.76 days to sell, and 61.06 sales were completed per day.
Market Position of Tiffany & Co.
Compared to the overall marketplace, Tiffany & Co. is significantly outperforming the average. While the average revenue per sale on Poshmark across all brands is $40.38, Tiffany & Co.'s average price is more than 4.6 times higher at $188.93. Additionally, the brand's average days to sell is notably quicker, with items selling in 18.76 days (450.24 hours) compared to the marketplace average of 2008.52 hours.
| 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 |
Sales Performance of Tiffany & Co.
Sales performance for Tiffany & Co. was strong last month, with an average of 61.06 items sold daily. The brand achieved a total of 1,893 sales, contributing to a high total revenue of $357,644. The average price per item, $188.93, indicates that this brand attracts high-value buyers, significantly above the median marketplace price of $24. Furthermore, the relatively short average sale duration of 18.76 days is a positive indicator of demand.
Top Sellers of Tiffany & Co. on Poshmark
Top sellers played a significant role in the brand's performance. 'blueskiesboxes' led with $11,459 in revenue, followed by 'authenticbling' with $5,740 and 'kittygirl246' with $5,525. These three sellers alone accounted for nearly 6% of the total revenue, indicating that a small number of sellers drive a substantial portion of sales. Their success suggests they may have access to rare or highly desirable Tiffany & Co. items, or they could be employing effective sales tactics such as competitive pricing or strong customer engagement.
Top Sellers List
- blueskiesboxes - Revenue: $11459.00
- authenticbling - Revenue: $5740.00
- kittygirl246 - Revenue: $5525.00
Recommendation 👍
The brand's high average sale price, fast sales velocity relative to the marketplace, and strong revenue demonstrate a positive performance. Tiffany & Co. items are in demand, and sellers are achieving far above-average results compared to the broader marketplace.
Suggestions for Sellers:
Sellers should focus on acquiring high-quality Tiffany & Co. items, as the brand commands premium prices. Given the short average time to sell, sellers should consider pricing competitively and maintaining inventory turnover. Engaging with buyers and ensuring authenticity will be key to maintaining trust and achieving higher sales volumes. Sellers could also analyze the strategies employed by top sellers like 'blueskiesboxes' to replicate their success.