How well Bronx And Banco sells on Poshmark

Bronx And Banco excels in high-end sales with significant revenue and low market competition, perfect for strategic resellers seeking premium returns.

Rank #283 of 1000 $50,826 Revenue 171 Sellers Thumbs Up👍
Avg Sale Price
$261
Items Sold
195
Days to Sell
96 days
Market Share
0%

How Bronx And Banco Performs on Poshmark

Bronx And Banco generated $50,826 in revenue last month by selling 195 items, ranking 283 out of 1000 tracked brands.

Bronx And Banco holds a strong position among top brands, with its premium offerings distinguishing it from more widely accessible brands. Its ranking of 283 highlights a niche but powerful presence in the marketplace, maintaining a competitive edge in luxury apparel.

With revenue of $50,826, Bronx And Banco falls significantly below the top 10 brands' average of $1,375,901. This suggests that while it may not lead in volume, its strength lies in luxury and exclusivity, appealing to a particular market segment.

Price vs Market

1088%

of median
Sell Speed

96

days avg
Platform avg: 84 days
Daily Sales Volume

6

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
280 Oakley $51,406 1,109 $46 910 25
281 Karl Lagerfeld $51,142 1,265 $40 1,103 35
282 Fjallraven $51,140 998 $51 895 33
283 Bronx And Banco $50,826 195 $261 171 96
284 Consuela $50,676 531 $95 378 28
285 Beis $50,590 676 $75 569 18
286 Alexis $50,577 398 $127 328 90

Bronx And Banco Pricing & Sales Data

The average price of $260.65 for Bronx And Banco's items places them in the high-end luxury tier, contrasting sharply with the $24 platform median. This price point reflects a target market of consumers willing to invest in premium fashion pieces.

Items from Bronx And Banco have an average selling time of 96.38 days, slower than the platform's average of 84 days. This indicates that while items may sit longer, the high-value sales are likely strategic purchases by customers seeking unique fashion.

Compared to nearby brands like Karl Lagerfeld and Fjallraven, Bronx And Banco sticks out due to its much higher average price per item. While other brands achieve higher sales volumes, Bronx And Banco focuses on selling fewer, yet more valuable, items, which requires targeting a specific customer demographic.

Bronx And Banco Competition on Poshmark

With 171 sellers, the competition is moderate for this niche brand. However, given the high-ticket items, sellers need a strategic approach and deep understanding of luxury buyers to succeed in this segment.

171

Active Sellers

1

Avg Items per Seller

$297

Avg Revenue per Seller

Seller Revenue Distribution

The top 3 sellers control 9.7% of the brand's revenue, while the average revenue per seller is $297, indicating that there is room for new sellers to tap into this market, provided they effectively market to the right clientele.

Most Successful Bronx And Banco Sellers

  1. @theprocuress - Monthly Revenue: $2,860
  2. @pearprairiesus - Monthly Revenue: $1,037
  3. @pmflynn - Monthly Revenue: $1,020

Profit Analysis for Bronx And Banco Resellers

After a platform fee of $52.13 on a typical sale of $260.65, sellers need to source items below $208.52 to ensure profitability. Finding deals at consignment stores or sales could yield healthy margins in this premium segment.

Quick Profit Calculator

Based on average sale price of $261

Sale Price: $261
Poshmark Fee (20%): -$52
Shipping (paid by buyer): $0
Net Before Cost: $209

Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.

Should You Resell Bronx And Banco on Poshmark?

The brand's strong revenue and high average sale price suggest a lucrative opportunity for sellers who can cater to luxury buyers.

Profit Potential: With average sales of $260.65 and platform fees considered, sourcing costs should be kept under $200 for a good profit margin. Sellers can achieve net profits upwards of $50 per sale if they source wisely.

Risk Factors: The main challenges include high inventory costs, competitive pricing, and ensuring product authenticity. Seasonal demand may also affect sales volume.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Bronx And Banco

Source luxury items from estate sales or high-end consignment shops to keep costs low.
Enhance listings with high-quality images to attract premium buyers.
Utilize social media to connect with clientele interested in high fashion.
Focus on building a brand reputation to ensure repeat customers.
Monitor competitor pricing to stay competitive in the luxury market.

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