How well Men's Watches sell on Poshmark

Table of Contents

• Key Statistics for Men's Watches
• Overview of Men's Watches
• Market Position of Men's Watches
• Sales Performance of Men's Watches
• Top Sellers in Men's Watches on Poshmark
• Recommendation

Key Statistics for Men's Watches

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

• Revenue Rank: #72
• Total Revenue: $261051
• Items Sold: 2053
• Average Sale Price: $127
• Unique Sellers: 1338
• Average Sales Per Day: 66
• Average Days to Sell: 115 days

Overview of Men's Watches

Men's Watches generated a total revenue of $261,051 with 2,053 items sold. The average sale price was $127.16, significantly higher than the overall marketplace averages. However, the average days to sell was 114.77, indicating relatively slower movement of inventory compared to other categories.

Market Position of Men's Watches

Men's Watches ranks #53 in revenue, showing moderate performance compared to other categories. The average sale price of $127.16 is much higher than the marketplace average of $40.38 and the median price of $24, indicating that this category targets a higher-end buyer. However, the relatively long average days to sell suggests demand may not be as high or that pricing strategies need adjustment to move inventory faster.

Sales Performance of Men's Watches

With an average sales per day of 66.23, the category has steady sales volume, but the average days to sell (114.77) is significantly lower than the marketplace average of 83.69 days (converted from 2008.52 hours). This indicates that while Men's Watches command higher prices, they take longer to sell, which could reflect price sensitivity or a smaller target market. Additionally, with 1,338 unique sellers, competition is moderate, but opportunities exist for sellers who can differentiate themselves either through pricing or unique inventory.

Top Brands in Men's Watches on Poshmark

1. Seiko - Revenue: $22973.00
2. Tag Heuer - Revenue: $18942.00
3. Breitling - Revenue: $15958.00

Top Sellers in Men's Watches on Poshmark

Here are the top-performing sellers in Men's Watches:

1. t_and_j_watches - Revenue: $8751.00
2. theniceco - Revenue: $8125.00
3. natashahill7 - Revenue: $7465.00

Recommendation 👌

While the high average sale price is a positive indicator, the slow turnover rate and moderate rank suggest that sellers may face challenges in converting inventory quickly. The category is profitable but requires patience and possibly price adjustments for faster sales.

Suggestions for Sellers:

Sellers should consider optimizing their pricing strategies to attract more buyers and reduce time to sell. Offering promotions, bundling products, or focusing on unique, in-demand brands could help increase turnover rates. Additionally, sellers targeting collectors and enthusiasts might benefit from more detailed listings and premium presentation.

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