Versace Sales Stats on Poshmark
Current Versace performance metrics on Poshmark (last 30 days)
- Revenue Rank: #62
- Total Revenue: $229155
- Items Sold: 1451
- Average Sale Price: $158
- Unique Sellers: 1107
- Average Sales Per Day: 47
- Average Days to Sell: 22 days
How Versace Performs on Poshmark
In the last month, Versace generated $229,155 in revenue with 1,451 items sold, achieving a rank of 62 among all brands on Poshmark.
Versace ranks 62 out of approximately 1000 brands on Poshmark, indicating a prominent position. This places it in the top 6.2% of brands, showcasing its appeal in the platform's high-end market segment.
Versace's revenue of $229,155 pales in comparison to the average revenue of the top 10 brands, which exceeds $1.3 million. However, the brand is experiencing upward trends in the luxury segment, appealing to Poshmark's socially-conscious shoppers seeking unique high-value items.
| Rank | Brand | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 59 | Jordan | $235726 | 4348 | $54 | 3162 | 9 days |
| 60 | Alice + Olivia | $235382 | 2835 | $83 | 2392 | 116 days |
| 61 | Dooney & Bourke | $229268 | 3947 | $58 | 2754 | 11 days |
| 62 | Versace | $229155 | 1451 | $158 | 1107 | 22 days |
| 63 | Old Navy | $223372 | 17939 | $12 | 12819 | 70 days |
| 64 | Skims | $217400 | 6838 | $32 | 3598 | 29 days |
| 65 | Lauren Ralph Lauren | $214292 | 6856 | $31 | 5542 | 90 days |
Versace Pricing & Sales Data
The average price for Versace items at $157.93 is significantly higher than the overall marketplace median sale price of $24. This positions Versace within the premium pricing range on Poshmark, appealing to buyers seeking luxury items.
Versace has an average sell-through time of 22.15 days, which is notably quicker compared to the overall Poshmark average of about 2008.52 hours (approximately 84.5 days). Its average sales per day of 46.81 also exceed the marketplace's general daily sales average, indicating healthy inventory turnover.
Versace competes closely with brands such as Dooney & Bourke and Jordan, which are adjacent in ranking. Compared to these competitors, Versace's price point is significantly higher, reflecting its luxury status, while its revenue shows similar performance indicating strong market positioning.
Versace competition on Poshmark
With 1,107 unique sellers, Versace maintains a competitive environment on Poshmark. The diversity of sellers showcases various selling styles and strategies, which could drive engagement but may also lead to increased competition.
Most Successful Versace Sellers
- ellesluxury4u - Monthly Revenue: $20006.00
- nari_lux_sneakz - Monthly Revenue: $9224.00
- cynthia66 - Monthly Revenue: $7221.00
Should You Resell Versace on Poshmark? đź‘Ť
Versace's distinct brand cachet and strong seller engagement metrics make it an appealing choice for Poshmark resellers aiming for high-ticket sales.
Given the positioning of Versace in the luxury market and average selling price, resellers can expect a favorable ROI, especially if sourcing costs are managed effectively, despite platform fees.
Increased competition from similar luxury brands on Poshmark and potential fluctuations in demand during different seasons pose challenges. Additionally, maintaining visibility through Poshmark's social features is critical.
Tips for Selling Versace
- Optimize listings with high-quality images and detailed descriptions to highlight Versace's unique qualities.
- Leverage Poshmark’s sharing feature to increase item visibility, especially during sales events.
- Engage with buyers through comments and offers to enhance customer service and encourage sales.
- Monitor competitor pricing closely to adjust item prices strategically without undercutting brand value.
- Utilize Poshmark parties and community events to promote Versace listings to engaged buyers.