How well Men's Ties sell on Poshmark

Discover the lucrative world of Men's Ties on Poshmark. Analyze sales trends, pricing strategies, and market dynamics for successful reselling.

Men's Ties Sales Stats on Poshmark

The following data represents sales data for the last month on Poshmark.

  • Revenue Rank: #163
  • Total Revenue: $69731
  • Items Sold: 2478
  • Average Sale Price: $28
  • Unique Sellers: 1773
  • Average Sales Per Day: 80
  • Average Days to Sell: 126 days

How Men's Ties Performs on Poshmark

The Men's Ties category on Poshmark has generated total revenue of $69,731.00 from 2,478 sales, indicating a stable market presence with an average sale price of $28.14. The category ranks #163 out of 610, reflecting a moderate level of competition and demand.

Ranking at #163 indicates that while Men's Ties are not the top-selling category, there is a consistent buyer interest. The unique seller count of 1,773 suggests a competitive landscape, but overall sales volume signifies a viable market segment for resellers.

Current trends show a rise in interest for vintage and designer ties, as well as eco-conscious buying patterns. Future outlook suggests that as work-from-home trends continue to evolve, the demand for formal ties may fluctuate, but unique and high-quality options will remain desirable.

Rank Category Total Revenue Items Sold Avg Sale Price Unique Sellers Avg Days to Sell
160 Men's Luggage & Travel Bags $71154 470 $151 417 83 days
161 Home Dinnerware Dining $71072 2084 $34 1395 197 days
162 Women's Coverups $70421 2563 $27 2290 170 days
163 Men's Ties $69731 2478 $28 1773 126 days
164 Women's Skirt Sets $68017 1266 $54 1116 111 days
165 Men's Windbreakers $65723 1842 $36 1661 83 days
166 Women's High Waist Shorts $64929 2442 $27 2192 72 days

Men's Ties Pricing & Sales Data

The average sale price of $28.14 suggests that Men's Ties are positioned in the affordable luxury segment. This price point appeals to a broad audience, but resellers should consider sourcing higher-quality or branded ties to maximize margins. Monitoring competitors' pricing strategies will be crucial for setting competitive prices.

With an average sales rate of approximately 80 items per day, the sales velocity indicates a steady demand for Men's Ties. However, the average days to sell is relatively high at 126.37, suggesting that while items sell, they may require patience and effective marketing strategies to move them quickly.

Compared to other categories on Poshmark, Men's Ties hold a middle-ground position. While other fashion accessories may experience faster turnover rates, the consistent sales volume indicates that Men's Ties can still provide valuable opportunities for resellers, especially if they leverage branding and quality effectively.

Top Performing Brands

  1. Hermes - Revenue: $8433.00
  2. Gucci - Revenue: $3995.00
  3. Prada - Revenue: $3724.00

Most Successful Sellers

  1. pepersita - Revenue: $1004.00
  2. msglobal123 - Revenue: $845.00
  3. sunshine_men - Revenue: $795.00

Should You Sell Men's Ties on Poshmark? 👍

The presence of 1,773 unique sellers indicates a competitive market. However, the sheer volume of sales (2,478) suggests that there is still ample opportunity for new entrants. Resellers should differentiate themselves through branding, high-quality listings, and targeted marketing to stand out in this crowded space.

The steady sales volume and moderate average sale price indicate a viable market for resellers. With strategic sourcing and marketing, success is achievable.

Potential ROI can be significant, especially with strategic sourcing of high-demand brands or unique styles. Resellers can achieve margins above 50% if they focus on quality.

Key risks include market saturation, changing fashion trends, and the potential for longer sell-through times. Resellers must stay agile and responsive to market demands.

Tips for Selling Men's Ties

  • 1. Source high-quality or branded ties that can command higher prices.
  • 2. Optimize listings with high-quality photos and detailed descriptions to improve visibility.
  • 3. Engage in targeted promotions or discounts to accelerate sales and reduce inventory turnover time.
  • 4. Monitor competitor pricing and adjust accordingly to maintain competitiveness.
  • 5. Utilize Poshmark parties and social media promotions to reach a broader audience.

Top Categories in Men

  1. Men's Shoes - Revenue: $2746928
  2. Men's Shirts - Revenue: $2490973
  3. Men's Jackets & Coats - Revenue: $1489558

Related Subcategories to Men's Ties

  1. Men's Watches - Revenue: $261051
  2. Men's Hats - Revenue: $256738
  3. Men's Sunglasses - Revenue: $192522
  4. Men's Jewelry Accessories - Revenue: $121442
  5. Men's Belts - Revenue: $109564
  6. Men's Ties - Revenue: $69731
  7. Men's Glasses - Revenue: $52648
  8. Men's Key & Card Holders - Revenue: $35282
  9. Men's Scarves - Revenue: $18494
  10. Men's Gloves - Revenue: $10374
  11. Men's Cuff Links - Revenue: $7218
  12. Men's Money Clips - Revenue: $5925
See all categories
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