$247
1,071
44 days
0%
How Balenciaga Performs on Poshmark
Balenciaga generated $264,759 last month from selling 1,071 items. It holds the rank of 49 out of 1,000 brands tracked.
Balenciaga is doing well, sitting comfortably at rank 49 among 1,000 brands. Its strong revenue shows it holds a solid position in the competitive fashion market. The brand’s ability to maintain a top 50 position highlights its appeal and strong market demand.
Balenciaga's revenue of $264,759 is quite small compared to the top brands' $1,375,901 average. This suggests that while it’s performing well, there’s room for growth. It serves a niche luxury market, which might limit its scale compared to more mass-market brands.
Price vs Market
1029%
of medianSell Speed
44
days avgDaily Sales Volume
35
per dayCompetitive Landscape
Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
---|---|---|---|---|---|---|
46 | Torrid | $272,432 | 13,842 | $20 | 7,713 | 39 |
47 | Frye | $271,911 | 3,378 | $80 | 2,839 | 17 |
48 | On Running | $270,148 | 4,632 | $58 | 3,557 | 18 |
49 | Balenciaga | $264,759 | 1,071 | $247 | 953 | 44 |
50 | Vans | $259,496 | 10,544 | $25 | 7,978 | 67 |
51 | Mother | $259,098 | 3,871 | $67 | 2,976 | 15 |
52 | New Balance | $251,947 | 6,386 | $39 | 5,340 | 54 |
Balenciaga Pricing & Sales Data
With an average price of $247.21, Balenciaga is priced significantly higher than the $24 marketplace median. This puts the brand in a premium market tier, appealing to those seeking high-end fashion. It highlights the value that consumers place on luxury over typical finds.
Balenciaga items sell in an average of 43.54 days, much faster than the 84-day platform average. This indicates a quick inventory turnover, suggesting a strong and steady demand for Balenciaga products, benefiting sellers who want fast returns.
While Balenciaga has a higher average price than rivals Frye and On Running, it’s unique for capturing high-value buyers willing to pay more. Unlike nearby brands, Balenciaga’s allure is in its luxury status, keeping its buyer base distinct and willing to spend lavishly.
Balenciaga Competition on Poshmark
The 953 sellers competing to sell Balenciaga create a bustling environment. This competitive scene can be challenging, but it also shows a thriving market with numerous reselling opportunities. Sellers can succeed with the right strategies and unique inventory offerings.
953
Active Sellers
1
Avg Items per Seller
$278
Avg Revenue per Seller
Seller Revenue Distribution
The top three sellers only control 3.0% of the total revenue, signaling a level playing field for newcomers. With the average seller earning $278, there's potential for success without huge initial investments, appealing to both new and seasoned sellers.
Most Successful Balenciaga Sellers
- @shawni7 - Monthly Revenue: $2,799
- @tribute_2_style - Monthly Revenue: $2,627
- @a_hajjar - Monthly Revenue: $2,550
Profit Analysis for Balenciaga Resellers
After the $49.44 fee, sellers need to consider sourcing costs to ensure profit. For example, buying a piece for $150 leaves around $47.77 in potential profit. Careful sourcing is key to maximizing margins and ensuring solid returns.
Quick Profit Calculator
Based on average sale price of $247
Sale Price: | $247 |
Poshmark Fee (20%): | -$49 |
Shipping (paid by buyer): | $0 |
Net Before Cost: | $198 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.
Should You Resell Balenciaga on Poshmark?
Balenciaga offers strong price points and quick sales, making it a great choice for those with savvy sourcing skills.
Profit Potential: If you buy Balenciaga items at $150 and sell at the average price, you can net around $47.77 per item. Focusing on sought-after pieces enhances profits further.
Risk Factors: Competition is fierce with many sellers. Ensuring authenticity and managing seasonal demand are key challenges to overcome.