Key Statistics for Ugg
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #34
- Total Revenue: $335924
- Items Sold: 7764
- Average Sale Price: $43
- Unique Sellers: 6226
- Average Sales Per Day: 250
- Average Days to Sell: 56 days
Overview of Ugg
Ugg generated $335,924 in revenue from 7,764 items sold last month, averaging $43.27 per item. The brand ranked 34th overall and had 6,226 unique sellers.
Market Position of Ugg
Ugg's average revenue per sale ($43.27) is higher than the marketplace average ($39.74) and significantly above the median sale price ($23). With an average sales cycle of 55.91 days, Ugg items sell faster compared to the marketplace average of 84.22 days.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 31 | Ralph Lauren | $376826 | 11903 | $32 | 9266 | 85 days |
| 32 | Fendi | $357097 | 1553 | $230 | 1256 | 26 days |
| 33 | Tiffany & Co. | $349865 | 1930 | $181 | 1418 | 17 days |
| 34 | Ugg | $335924 | 7764 | $43 | 6226 | 56 days |
| 35 | Michael Kors | $326235 | 8784 | $37 | 6487 | 81 days |
| 36 | Levi's | $323874 | 13583 | $24 | 10261 | 55 days |
| 37 | Celine | $302580 | 1264 | $239 | 1027 | 29 days |
Sales Performance of Ugg
Ugg's total revenue of $335,924 from 7,764 items indicates strong demand. The average daily sales of 250.45 items and an average price of $43.27 suggest that Ugg products are priced competitively. However, the average days to sell at 55.91 days show a moderate turnover rate, faster than the overall marketplace average.
Top Sellers of Ugg on Poshmark
The top three sellers contributed significantly, with marisales805 leading at $11,822. This indicates a high level of concentration in sales among a few top performers. Top sellers appear to have effective strategies for pricing and inventory turnover.
Top Sellers List
- marisales805 - Revenue: $11822.00
- awsomefinds805 - Revenue: $8035.00
- vickiven - Revenue: $1620.00
Recommendation 👍
Ugg's higher than average sale price and faster turnover rate indicate strong market performance. The brand's rank of 34 and the substantial revenue generated reflect its popularity.
Suggestions for Sellers:
Sellers should focus on competitive pricing around the $43 mark and aim to optimize listings to reduce days to sell further. Learning from top sellers like marisales805 could provide valuable insights into effective selling strategies.