Key Statistics for Versace
The following data represents performance for the last month on Poshmark.
- Revenue Rank: #57
- Total Revenue: $231909
- Items Sold: 1499
- Average Sale Price: $155
- Unique Sellers: 1150
- Average Sales Per Day: 48
- Average Days to Sell: 23 days
Overview of Versace
Versace had a strong performance on Poshmark last month, generating a total revenue of $231,909 from 1499 items sold at an average price of $154.71. The brand had 1150 unique sellers and an average of 48.35 sales per day. Items took an average of 22.99 days to sell, and Versace was ranked 57th.
Market Position of Versace
Versace's average price per item of $154.71 is significantly higher than the overall marketplace average revenue per sale of $39.74 and the median sale price of $23. The brand's items sold faster, averaging 22.99 days, compared to the overall marketplace average of 2021.17 hours (approximately 84 days). Versace's rank of 57 indicates a competitive but not top-tier position in the marketplace.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 54 | Frye | $241327 | 2997 | $81 | 2499 | 18 days |
| 55 | Under Armour | $239678 | 13897 | $17 | 9808 | 64 days |
| 56 | Bottega Veneta | $236172 | 766 | $308 | 651 | 47 days |
| 57 | Versace | $231909 | 1499 | $155 | 1150 | 23 days |
| 58 | Old Navy | $229951 | 18447 | $12 | 12965 | 67 days |
| 59 | Doen | $225345 | 1717 | $131 | 1217 | 18 days |
| 60 | Chloe | $224844 | 1046 | $215 | 898 | 41 days |
Sales Performance of Versace
Versace's total revenue of $231,909 from 1499 items indicates a high-value, high-volume sales strategy. The average sales per day (48.35) and the relatively quick average days to sell (22.99) demonstrate strong demand and effective pricing strategies. The brand's significant average price per item suggests a premium positioning within the marketplace.
Top Sellers of Versace on Poshmark
The top sellers for Versace were cynthia66 ($11,283), ellesluxury4u ($10,923), and nari_lux_sneakz ($7,131). These sellers contributed a notable portion of the total revenue, indicating that a small number of sellers are driving a large portion of sales. Their success could be attributed to effective marketing, pricing strategies, and perhaps a loyal customer base.
Top Sellers List
- cynthia66 - Revenue: $11283.00
- ellesluxury4u - Revenue: $10923.00
- nari_lux_sneakz - Revenue: $7131.00
Recommendation 👍
The data shows that Versace items are in high demand, sell quickly compared to the marketplace average, and command a high price point. This indicates a strong market position and potential for profitability.
Suggestions for Sellers:
Sellers should continue to stock Versace items, focus on maintaining competitive pricing, and leverage high-quality listings to attract buyers. Analyzing top sellers' strategies could provide further insights for maximizing sales.