How well Women's Clutches & Wristlets sell on Poshmark

Explore the thriving market for Women's Clutches & Wristlets on Poshmark. Discover trends, insights, and strategies for successful reselling.

Women's Clutches & Wristlets Sales Stats on Poshmark

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

  • Revenue Rank: #42
  • Total Revenue: $421845
  • Items Sold: 6353
  • Average Sale Price: $66
  • Unique Sellers: 4918
  • Average Sales Per Day: 205
  • Average Days to Sell: 77 days

How Women's Clutches & Wristlets Performs on Poshmark

Women's Clutches & Wristlets have generated a total revenue of $421,845 from 6,353 items sold, highlighting a strong demand within this category. With an average sale price of $66.40 and a category rank of #42 out of 610, this segment showcases a healthy market performance.

Ranked #42 out of 610 indicates a solid position within Poshmark's marketplace. The category's performance reflects a stable demand, appealing to a broad audience of potential buyers.

Current trends indicate a growing interest in sustainable and second-hand fashion, which may benefit the resale market for clutches and wristlets. Future outlook suggests an increase in demand for unique and stylish accessories as consumers continue to prioritize personal style and sustainability.

Rank Category Total Revenue Items Sold Avg Sale Price Unique Sellers Avg Days to Sell
39 Women's Rings $449209 4420 $102 2723 150 days
40 Women's Tank Tops $445726 23246 $19 16674 85 days
41 Women's Bras $425553 21628 $20 13462 82 days
42 Women's Clutches & Wristlets $421845 6353 $66 4918 77 days
43 Women's Mini Bags $409976 3426 $120 3099 58 days
44 Women's Wide Leg Pants & Jumpsuits $408643 12125 $34 9524 59 days
45 Men's Boots $401546 5721 $70 4745 80 days

Women's Clutches & Wristlets Pricing & Sales Data

The average sale price of $66.40 suggests a moderate pricing strategy. Sellers may consider price adjustments based on trends, brand value, and condition of the items. Competitive pricing can enhance visibility and attract more buyers.

With an average of 204.94 items sold per day and an average selling time of 76.53 days, the sales velocity indicates a steady movement in inventory. This suggests that while items may take longer to sell, they are consistently being purchased.

When compared to other categories, Women's Clutches & Wristlets perform relatively well in terms of both sales volume and revenue. However, the high number of unique sellers suggests that competition is fierce, necessitating strategic pricing and marketing approaches to maintain an edge.

Top Performing Brands

  1. Louis Vuitton - Revenue: $52052.00
  2. Yves Saint Laurent - Revenue: $25762.00
  3. Coach - Revenue: $24550.00

Most Successful Sellers

  1. highenddesignsx - Revenue: $5000.00
  2. bill_rose29 - Revenue: $3416.00
  3. aline_tanaka - Revenue: $2800.00

Should You Sell Women's Clutches & Wristlets on Poshmark? 👍

The presence of 4,918 unique sellers indicates a competitive market. Sellers need to differentiate their listings through high-quality imagery, detailed descriptions, and effective marketing strategies to stand out from the crowd.

The strong revenue figures and steady sales velocity indicate a viable market for resellers, with opportunities for profitability.

With an average sale price of $66.40 and consistent sales, resellers can achieve significant ROI, especially if they source items at low costs.

Potential risks include market saturation and fluctuating consumer preferences, which may impact sales velocity and pricing strategies.

Tips for Selling Women's Clutches & Wristlets

  • 1. Optimize listings with high-quality photos and detailed descriptions to attract buyers.
  • 2. Monitor pricing trends within the category to adjust pricing competitively.
  • 3. Utilize Poshmark's social features to share listings and engage with potential buyers.
  • 4. Stay updated on fashion trends to stock items that are in high demand.
  • 5. Encourage buyer engagement through promotions or bundling items to increase average sale price.

Top Categories in Women

  1. Women's Shoes - Revenue: $12948636
  2. Women's Bags - Revenue: $12832520
  3. Women's Dresses - Revenue: $9346787

Related Subcategories to Women's Clutches & Wristlets

  1. Women's Crossbody Bags - Revenue: $2643072
  2. Women's Shoulder Bags - Revenue: $2119833
  3. Women's Totes - Revenue: $1543412
  4. Women's Wallets - Revenue: $948022
  5. Women's Satchels - Revenue: $516786
  6. Women's Backpacks - Revenue: $471576
  7. Women's Clutches & Wristlets - Revenue: $421845
  8. Women's Mini Bags - Revenue: $409976
  9. Women's Travel Bags - Revenue: $293332
  10. Women's Hobos - Revenue: $238744
  11. Women's Cosmetic Bags & Cases - Revenue: $143676
  12. Women's Laptop Bags - Revenue: $40644
  13. Women's Baby Bags - Revenue: $39739
See all categories
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