Key Statistics for Vans
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #46
- Total Revenue: $267510
- Items Sold: 11080
- Average Sale Price: $24
- Unique Sellers: 8440
- Average Sales Per Day: 357
- Average Days to Sell: 70 days
Overview of Vans
Last month, Vans generated $267510 in revenue with 11080 items sold on Poshmark. The average price per item was $24.14, and items took an average of 70.16 days to sell. There were 8440 unique sellers, and Vans ranked 46th in the marketplace.
Market Position of Vans
Vans' average sale price of $24.14 is close to the all-brands median sale price of $23 but significantly lower than the average revenue per sale of $39.74 in the marketplace. Vans items moved relatively quickly, taking about 70.16 days to sell compared to the marketplace average of approximately 84 days (2021.17 hours).
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 43 | New Balance | $275623 | 6903 | $40 | 5596 | 55 days |
| 44 | Saint Laurent | $274429 | 720 | $381 | 661 | 51 days |
| 45 | David Yurman | $268061 | 959 | $280 | 686 | 48 days |
| 46 | Vans | $267510 | 11080 | $24 | 8440 | 70 days |
| 47 | Torrid | $266753 | 13522 | $20 | 7558 | 40 days |
| 48 | Birkenstock | $259423 | 5028 | $52 | 3969 | 22 days |
| 49 | Balenciaga | $257097 | 1067 | $241 | 975 | 39 days |
Sales Performance of Vans
With 11080 items sold, Vans had an average daily sales rate of 357.42, indicating steady demand. The total revenue of $267510 suggests a healthy market interest. However, the lower average price per item compared to the marketplace average implies potential underpricing or a focus on lower-cost items.
Top Sellers of Vans on Poshmark
Top sellers like shopsutton, vans_capital, and vans_sneakers generated substantial revenue ($1595.00, $1565.00, and $1281.00 respectively). These sellers likely benefited from effective listing strategies, competitive pricing, and possibly high inventory turnover rates.
Top Sellers List
- shopsutton - Revenue: $1595.00
- vans_capital - Revenue: $1565.00
- vans_sneakers - Revenue: $1281.00
Recommendation 👌
While Vans has a strong sales volume and reasonable average selling time, the lower average price per sale compared to the marketplace suggests room for pricing strategy improvements.
Suggestions for Sellers:
Sellers should consider optimizing their pricing strategy to align closer with the marketplace average revenue per sale. Highlighting unique or higher-value items may help increase average sale prices. Additionally, maintaining a high inventory turnover rate and effective listings can capitalize on the brand's steady demand.