How well Men's Suits sell on Poshmark

Men's Suits Sales Stats on Poshmark

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

• Revenue Rank: #168
• Total Revenue: $64732
• Items Sold: 795
• Average Sale Price: $81
• Unique Sellers: 637
• Average Sales Per Day: 26
• Average Days to Sell: 111 days

How Men's Suits Performs on Poshmark

Men's Suits on Poshmark have generated a total revenue of $64,732 from 795 items sold, indicating a healthy market with an average sale price of $81.42. The category ranks #168 out of 610, suggesting moderate competition and demand.

This category occupies a middle-tier position in the Poshmark marketplace. While not in the top 100, its consistent sales and revenue indicate a stable demand for men's suits, appealing to a defined customer base.

Current trends indicate an increasing interest in sustainable fashion, which men's suits can capitalize on through the resale market. Additionally, the work-from-home trend has shifted demand towards more casual business attire, impacting suit sales. In the future, adaptive styles and rental options may gain traction.

Men's Suits Pricing & Sales Data

With an average sale price of $81.42, men's suits are positioned affordably within the market. This price point suggests an opportunity to attract budget-conscious buyers while allowing for a range of price strategies. Sellers can capitalize on seasonal trends and brand popularity to optimize pricing.

The average sales per day stands at 25.65, indicating a strong turnover rate for men's suits, although the average days to sell is relatively high at 111.14 days. This suggests that while items do sell, they typically require considerable time before finding a buyer. Sellers should focus on optimizing listings to reduce sell time.

Ranking #168 out of 610 indicates this category is underperforming relative to the top categories on Poshmark. However, it still represents a viable niche with consistent sales, suggesting that sellers can thrive with the right strategies while facing less competition than higher-ranked categories.

Top Performing Brands

1. Suitsupply - Revenue: $8188.00
2. J. Crew - Revenue: $3889.00
3. Brooks Brothers - Revenue: $3601.00

Most Successful Sellers

1. cogitoergovendo - Revenue: $1670.00
2. arturorequejo - Revenue: $1590.00
3. threadandtwill - Revenue: $1406.00

Should You Sell Men's Suits on Poshmark? 👍

With 637 unique sellers, competition in this category is moderate. New sellers entering the market may find challenges in standing out unless they leverage unique selling propositions or niche markets. Established sellers with strong branding and customer loyalty may have an advantage.

The steady sales volume and reasonable average sale price indicate that there is a viable market for reselling men's suits on Poshmark.

With a healthy average sale price and consistent demand, resellers can expect a good return on investment, especially with well-curated inventory.

Key risks include fluctuating demand, changing fashion trends, and potential oversaturation in the market. Additionally, long sell times may tie up capital.

Tips for Selling Men's Suits

• 1. Optimize listings with high-quality images and detailed descriptions to attract buyers more quickly.
• 2. Monitor pricing strategies of top sellers in this category to adjust listings competitively.
• 3. Promote items through social media or Poshmark parties to increase visibility.
• 4. Consider bundling items or offering discounts for multiple purchases to encourage sales.
• 5. Stay updated on fashion trends and seasonal demands to adjust inventory and marketing strategies.

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