How well Women's Bags sell on Poshmark

Table of Contents

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

Key Statistics for Women's Bags

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

• Revenue Rank: #2
• Total Revenue: $12832520
• Items Sold: 128432
• Average Sale Price: $100
• Unique Sellers: 66736
• Average Sales Per Day: 4143
• Average Days to Sell: 56 days

Overview of Women's Bags

The Women's Bags category performed strongly with a total revenue of $12,832,520 from 128,432 items sold. The average sale price of $99.92 is significantly higher than the overall marketplace averages, and the average time to sell is 56.07 days, which is much faster compared to other categories.

Market Position of Women's Bags

Women's Bags hold the #2 revenue rank on the platform, indicating a dominant position in terms of sales within the marketplace. With an average sale price of $99.92, this category demonstrates a high premium value compared to the marketplace average of $40.38 per sale and a median price of $24 across all categories. The category sees quicker turnover compared to the marketplace average, with items selling in 56.07 days versus the marketplace average of 83.69 days (2008.52 hours).

Sales Performance of Women's Bags

The category sold 128,432 items in the past month, with an average of 4,142.97 sales per day, generating $12.83M in total revenue. This translates to an impressive average sale price of $99.92, more than double the marketplace average. Additionally, the average time to sell of 56.07 days is significantly shorter than the marketplace average of 83.69 days, indicating strong demand and quicker sales cycles. The large number of unique sellers (66,736) suggests high competition, but also a healthy and active market for Women's Bags.

Top Brands in Women's Bags on Poshmark

1. Louis Vuitton - Revenue: $1714419.00
2. CHANEL - Revenue: $1105114.00
3. Gucci - Revenue: $826963.00

Top Sellers in Women's Bags on Poshmark

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

1. elady - Revenue: $86459.00
2. rebag - Revenue: $68680.00
3. justbag_net - Revenue: $52284.00

Recommendation 👍

Women's Bags are performing exceptionally well, with strong revenue, high average sale prices, and faster sales compared to marketplace averages. The category is well-positioned as a key revenue driver on Poshmark.

Suggestions for Sellers:

Sellers should continue to focus on high-quality, premium-priced items to capitalize on the higher average sale price. Optimizing item descriptions, photos, and leveraging marketing strategies like bundling and discounting for older stock could further improve sales velocity. Monitoring trends and adjusting to consumer preferences will help maintain a competitive edge in this high-demand category.

Categories related to Women's Bags

Top Subcategories in Women's Bags

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