How well Men's Bags sell on Poshmark

Table of Contents

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

Key Statistics for Men's Bags

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

• Revenue Rank: #22
• Total Revenue: $640237.0
• Items Sold: 6527
• Average Sale Price: $98.09
• Unique Sellers: 5153
• Average Sales Per Day: 210.55
• Average Days to Sell: 116.77 days

Overview of Men's Bags

Men's Bags on Poshmark have shown excellent performance with a total monthly revenue of $640,237, 6527 items sold, and an average sale price of $98.09. The category ranks #1 in revenue, with 5153 unique sellers contributing to this success.

Market Position of Men's Bags

Men's Bags are performing exceptionally well compared to marketplace averages. The average revenue per sale is $98.09, more than double the marketplace average of $39.74. The category's strong revenue rank (#1) indicates high consumer demand and a premium pricing strategy that is working effectively. Additionally, the selling time (116.77 days) is much faster than the marketplace average of 2021.17 hours (84.22 days), though there may still be room for improvement.

Sales Performance of Men's Bags

With 6527 items sold and an average sale price of $98.09, Men's Bags have a high-value positioning in the marketplace. The category's average sales per day (210.55 units) reflect steady demand and consistent sales. While the average days to sell (116.77 days) is faster than the marketplace average of 84.22 days, sellers may still aim to reduce this time further for quicker inventory turnover. The high number of unique sellers (5153) suggests a competitive but lucrative segment.

Top Brands in Men's Bags on Poshmark

1. Louis Vuitton - Revenue: $139065.00
2. Gucci - Revenue: $69550.00
3. Coach - Revenue: $39760.00

Top Sellers in Men's Bags on Poshmark

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

1. elady - Revenue: $14015.00
2. etbrown_13 - Revenue: $5500.00
3. abiscoluxuries - Revenue: $5350.00

Recommendation 👍

Men's Bags are outperforming marketplace averages in both revenue and pricing metrics. The category enjoys high demand, steady sales, and premium pricing. Though the selling time is slightly longer than ideal, this is offset by strong revenue generation and market-leading performance.

Suggestions for Sellers:

Sellers should continue to focus on premium pricing but explore strategies to reduce the average days to sell, such as improving listing quality, offering discounts on older inventory, or enhancing product visibility through promotions. Sellers entering this category should focus on offering unique or high-quality items that justify the higher price point.

Categories related to Men's Bags

Top Subcategories in Men's Bags

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