Table of Contents
- Key Statistics for Men's Suits
- Overview of Men's Suits
- Market Position of Men's Suits
- Sales Performance of Men's Suits
- Top Sellers in Men's Suits on Poshmark
- Recommendation
Key Statistics for Men's Suits
The following data represents sales data for the last month on Poshmark.
- Revenue Rank: #164
- Total Revenue: $67733.0
- Items Sold: 755
- Average Sale Price: $89.71
- Unique Sellers: 592
- Average Sales Per Day: 24.35
- Average Days to Sell: 112.83 days
Overview of Men's Suits
Men's suits on Poshmark generated a total revenue of $67,733 from 755 items sold by 592 unique sellers, with an average sale price of $89.71 and an average sales per day of 24.35.
Market Position of Men's Suits
Compared to the overall marketplace, men's suits have a significantly higher average revenue per sale ($89.71 vs. $39.74) and a higher median sale price ($89.71 vs. $23). However, the category ranks #164 in revenue, indicating moderate competitive positioning.
| Rank | Category | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 161 | Home Dinnerware Dining | $68468 | 1987 | $34 | 1398 | 182 days |
| 162 | Electronics Digital Cameras | $67968 | 439 | $155 | 378 | 44 days |
| 163 | Kids Halloween Costumes | $67870 | 2937 | $23 | 2318 | 71 days |
| 164 | Men's Suits | $67733 | 755 | $90 | 592 | 113 days |
| 165 | Women's Brooches | $66970 | 2112 | $32 | 939 | 87 days |
| 166 | Women's Shapewear Intimates & Sleepwear | $66175 | 2481 | $27 | 1851 | 127 days |
| 167 | Home Candles & Holders | $64679 | 2735 | $24 | 1739 | 133 days |
Sales Performance of Men's Suits
The category's average sale price of $89.71 is more than double the overall marketplace average of $39.74, highlighting the premium pricing of men's suits. However, the average days to sell is 112.83, which is significantly lower than the overall marketplace average of 84.21 days (2021.17 hours). This indicates that while suits have a higher value, they take longer to sell.
Top Brands in Men's Suits on Poshmark
- Suitsupply - Revenue: $7890.00
- J. Crew - Revenue: $5085.00
- Jos. A. Bank - Revenue: $3817.00
Top Sellers in Men's Suits on Poshmark
Here are the top-performing sellers in Men's Suits:
- bass900 - Revenue: $2725.00
- threadandtwill - Revenue: $2110.00
- iamdo4ore - Revenue: $1509.00
Recommendation 👌
Men's suits have a high average sale price and contribute significant revenue per sale, but the longer time to sell and moderate revenue rank suggest room for improvement in market positioning and sales velocity.
Suggestions for Sellers:
1. Optimize listings with high-quality images and detailed descriptions to attract buyers. 2. Consider price adjustments or promotions to reduce the average days to sell. 3. Engage in targeted marketing efforts to reach potential buyers more effectively.
Top Categories in Men
- Men's Shoes - Revenue: $2720330
- Men's Shirts - Revenue: $2478211
- Men's Accessories - Revenue: $1249910
Related Subcategories to Men's Suits
- Men's Sport Coats & Blazers - Revenue: $140277
- Men's Suits - Revenue: $67733
- Men's Tuxedos - Revenue: $7268