How well Women's Mini Bags sell on Poshmark

Women's Mini Bags on Poshmark: Strong sales, high price, and moderate turnover. Ranked #44 with $405K revenue and 3408 items sold.

Table of Contents

Key Statistics for Women's Mini Bags

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

  • Revenue Rank: #44
  • Total Revenue: $405615.0
  • Items Sold: 3408
  • Average Sale Price: $119.02
  • Unique Sellers: 3041
  • Average Sales Per Day: 109.94
  • Average Days to Sell: 61.9 days

Overview of Women's Mini Bags

The Women's Mini Bags category generated $405,615 in revenue from 3,408 items sold, with an average sale price of $119.02 and 61.9 days to sell. It ranks #44 in revenue on the platform.

Market Position of Women's Mini Bags

Women's Mini Bags outperform the marketplace average in revenue per sale ($119.02 vs. $39.74) and sale price ($119.02 vs. $23 median), indicating a premium product category. However, the category has a slower turnover rate (61.9 days vs. 84.22 days overall), which may reflect the higher price point and selective buyer base.

Rank Category Total Revenue Items Sold Avg Sale Price Unique Sellers Avg Days to Sell
41 Women's Rings $432042 4285 $101 2677 126 days
42 Men's Sweatshirts & Hoodies $423858 14028 $30 9415 57 days
43 Women's Clutches & Wristlets $413480 6074 $68 4882 84 days
44 Women's Mini Bags $405615 3408 $119 3041 62 days
45 Women's Wide Leg Pants & Jumpsuits $402736 12028 $33 9431 56 days
46 Women's Athletic Shorts $391598 18209 $22 13192 36 days
47 Women's Watches $388421 3312 $117 2361 115 days

Sales Performance of Women's Mini Bags

The category's average sale price of $119.02 is significantly above the platform average of $39.74. With 3,408 items sold and daily sales of 109.94 units, the category shows steady demand. However, the average time to sell (61.9 days) is moderately slow, although still faster than the marketplace average of 84.22 days. The large number of unique sellers (3,041) suggests a competitive market with many participants offering similar products.

Top Brands in Women's Mini Bags on Poshmark

  1. CHANEL - Revenue: $51747.00
  2. Louis Vuitton - Revenue: $38823.00
  3. Gucci - Revenue: $32188.00

Top Sellers in Women's Mini Bags on Poshmark

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

  1. ty0cher - Revenue: $8000.00
  2. shannahlane - Revenue: $6400.00
  3. nym87 - Revenue: $4200.00

Recommendation 👍

Given the high revenue per sale and the strong demand, Women's Mini Bags represent a lucrative category for sellers. Despite a slower turnover compared to fast-moving categories, the high sale price justifies the investment.

Suggestions for Sellers:

Sellers should focus on listing high-quality, in-demand mini bags to justify the higher price point. Offering competitive pricing, bundling, and promoting fast shipping options could help reduce the average days to sell. Leveraging the high demand and premium pricing, sellers may also benefit from limited-time discounts or exclusive collections to differentiate their products.

Top Categories in Women

  1. Women's Bags - Revenue: $12488695
  2. Women's Shoes - Revenue: $12051060
  3. Women's Dresses - Revenue: $9969351

Related Subcategories to Women's Mini Bags

  1. Women's Crossbody Bags - Revenue: $2530940
  2. Women's Shoulder Bags - Revenue: $1951304
  3. Women's Totes - Revenue: $1558626
  4. Women's Wallets - Revenue: $949232
  5. Women's Backpacks - Revenue: $543013
  6. Women's Satchels - Revenue: $487239
  7. Women's Clutches & Wristlets - Revenue: $413480
  8. Women's Mini Bags - Revenue: $405615
  9. Women's Travel Bags - Revenue: $284952
  10. Women's Hobos - Revenue: $218845
  11. Women's Cosmetic Bags & Cases - Revenue: $139298
  12. Women's Laptop Bags - Revenue: $40825
  13. Women's Baby Bags - Revenue: $39866
See all categories
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