Table of Contents
- Key Statistics for Pets Items
- Overview of Pets Items
- Market Position of Pets Items
- Sales Performance of Pets Items
- Recommendation
Key Statistics for Pets Items
The following data represents sales data for the last month on Poshmark.
- Revenue Rank: #6
- Total Revenue: $42332
- Items Sold: 1822
- Average Sale Price: $23
- Unique Sellers: 1446
- Average Sales Per Day: 8
- Average Days to Sell: 118 days
Overview of Pets Items
The Pets Items category generated $42,332 in revenue from 1,822 items sold, with an average sale price of $23.23. The category has 1,446 unique sellers and ranks #6 in revenue across Poshmark.
Market Position of Pets Items
Pets Items is a mid-tier performer in terms of revenue, ranking #6 among other categories. However, its average sale price ($23.23) is below the platform-wide average of $40.38 and the median sale price of $24, indicating that it is a lower-priced category. The category has a relatively large number of unique sellers but lower average revenue per item compared to other categories, suggesting it is a competitive but price-sensitive market.
| Rank | Category | Total Revenue | Items Sold | Avg Sale Price | Unique Sellers | Avg Days to Sell |
|---|---|---|---|---|---|---|
| 3 | Kids Items | $3314136 | 166616 | $20 | 107612 | 105 days |
| 4 | Home Items | $2312325 | 72217 | $32 | 46099 | 175 days |
| 5 | Electronics Items | $633850 | 9889 | $64 | 8391 | 99 days |
| 6 | Pets Items | $42332 | 1822 | $23 | 1446 | 118 days |
Sales Performance of Pets Items
The category's average sale price of $23.23 is slightly below the platform's median of $24, indicating competitive pricing. The average days to sell is 117.79 days, which is significantly faster than the platform-wide average of 83.69 days (2008.52 hours), suggesting that while items may sell for lower prices, they are moving relatively quickly. Sales per day are modest at 8.4, indicating steady but not high-volume sales. The revenue per sale is low compared to other categories, driving the need for higher volume to maintain revenue growth.
Recommendation 👌
While the category ranks well in terms of revenue (#6), its lower average sale price and revenue per sale compared to the platform average indicate a price-sensitive market. The relatively fast turnover (117.79 days vs. 83.69 days) is positive, but sellers may struggle with low margins.
Suggestions for Sellers:
Sellers should focus on increasing the perceived value of their items through better product descriptions, bundling, or offering premium products. Additionally, improving the average sale price through upselling or cross-selling related pet items could help boost profitability. Sellers should also analyze competitors and consider niche products or unique offerings to stand out in a competitive market.
Top Categories in Pets Items
- Pets Dog - Revenue: $36304
Top Subcategories in Pets Items
- Pets Collars, Leashes & Harnesses - Revenue: $9332
- Pets Clothing & Accessories - Revenue: $9267