Table of Contents
- Key Statistics for Electronics Items
- Overview of Electronics Items
- Market Position of Electronics Items
- Sales Performance of Electronics Items
- Recommendation
Key Statistics for Electronics Items
The following data represents sales data for the last month on Poshmark.
- Revenue Rank: #5
- Total Revenue: $703254.0
- Items Sold: 10773
- Average Sale Price: $65.28
- Unique Sellers: 9253
- Average Sales Per Day: 26.73
- Average Days to Sell: 99.7 days
Overview of Electronics Items
The Electronics category on Poshmark generated $703,254 in total revenue from 10,773 items sold, with an average sale price of $65.28. The category has 9,253 unique sellers, and items on average take 99.70 days to sell.
Market Position of Electronics Items
Electronics ranks #5 in revenue on the platform, suggesting strong demand but room for growth. The average sale price of $65.28 significantly outperforms the platform-wide average of $39.74, indicating it is a premium segment. The category also sells much faster than the overall marketplace, where items take 2021.17 hours (~84.22 days) to sell, compared to 99.70 days in Electronics.
| Rank | Category | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 2 | Men's Items | $10990806 | 289141 | $38 | 170578 | 93 days |
| 3 | Kids Items | $3297792 | 167369 | $20 | 106450 | 112 days |
| 4 | Home Items | $2168924 | 69030 | $31 | 45320 | 166 days |
| 5 | Electronics Items | $703254 | 10773 | $65 | 9253 | 100 days |
| 6 | Pets Items | $48198 | 1642 | $29 | 1273 | 138 days |
Sales Performance of Electronics Items
Electronics boasts an average sale price of $65.28, which is 64.3% higher than the marketplace average of $39.74, and its median sale price is likely well above the platform-wide median of $23, indicating that customers are willing to pay more for these items. However, sales velocity is slower, with only 26.73 sales per day and 10773 items sold last month, which implies that while each sale brings in more revenue, the overall demand might be lower than more affordable categories. The average time to sell is around 99.70 days, which is slightly slower than the platform-wide average of 84.22 days.
Recommendation 👌
While the category generates high revenue per sale and sells at a premium price, the relatively low sales volume and slower turnover compared to the platform average warrant a neutral rating. To improve, sellers need to focus on increasing demand while optimizing pricing and reducing time to sell.
Suggestions for Sellers:
Sellers should consider bundling accessories with electronics to increase perceived value, offer competitive pricing strategies, and explore keyword optimization in listings to improve visibility. Offering limited-time discounts or promotions may also help reduce the average days to sell.
Top Categories in Electronics Items
- Electronics Cameras, Photo & Video - Revenue: $122950
- Electronics Wearables - Revenue: $106097
- Electronics Other - Revenue: $93846
Top Subcategories in Electronics Items
- Electronics Smartwatches - Revenue: $69267
- Electronics Digital Cameras - Revenue: $67968
- Electronics Cell Phones - Revenue: $36747