How well Canon sells on Poshmark

Canon earned $50,022 last month with an average sale of $179.94. Ideal for resellers seeking higher-priced items in a competitive market.

Rank #290 of 1000 $50,022 Revenue 256 Sellers Neutral👌
Avg Sale Price
$180
Items Sold
278
Days to Sell
54 days
Market Share
0%

How Canon Performs on Poshmark

Canon generated $50,022 in revenue by selling 278 items, making it the 290th ranked brand among 1,000 competitors.

Canon is positioned within the top third of the 1,000 tracked brands. Although not a leader, it maintains a strong market presence with significant control over its niche. This provides niche authority but also highlights room for growth.

Canon's $50,022 revenue is modest compared to the top 10 average of $1,375,901, indicating potential for growth. Yet, it signifies a strong niche operation within a vast marketplace.

Price vs Market

750%

of median
Sell Speed

54

days avg
Platform avg: 84 days
Daily Sales Volume

9

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
287 Diane Von Furstenberg $50,525 1,222 $41 1,122 40
288 Hello Kitty $50,369 1,905 $26 1,059 16
289 John Hardy $50,084 184 $272 129 107
290 Canon $50,022 278 $180 256 54
291 Schutz $49,915 945 $53 840 53
292 Meshki $49,846 842 $59 751 44
293 Revolve $49,591 1,030 $48 772 39

Canon Pricing & Sales Data

Canon's average sale price of $179.94 greatly exceeds the marketplace median of $24. This places Canon in a premium price tier, appealing to buyers looking for higher-value items.

Canon items sell in about 54 days on average, faster than the platform's 84-day benchmark. This hints at steady demand and efficient turnover for inventory, reducing holding costs for sellers.

Canon's nearby ranked brands like Hello Kitty and John Hardy show different pricing and volume strategies. Canon stands out with its higher price point and moderate item variety, setting it apart from more volume-oriented competitors.

Canon Competition on Poshmark

With 256 sellers, the Canon market is competitive but not oversaturated. Newcomers have opportunities to enter, though differentiation will be key to standing out.

256

Active Sellers

1

Avg Items per Seller

$195

Avg Revenue per Seller

Seller Revenue Distribution

Top sellers account for 8.5% of Canon's revenue, while the average earnings across all sellers is $195. This suggests that newcomers can compete but should focus on strategic selling to boost earnings.

Most Successful Canon Sellers

  1. @melissademaran - Monthly Revenue: $1,800
  2. @cherrylooks - Monthly Revenue: $1,400
  3. @lauryynscloset - Monthly Revenue: $1,060

Profit Analysis for Canon Resellers

After the $35.99 platform fee per average sale, sellers are left with about $143.95. Considering typical sourcing costs of $80-$100, the profit potential is decent, with possible margins of $43.95 to $63.95 per item.

Quick Profit Calculator

Based on average sale price of $180

Sale Price: $180
Poshmark Fee (20%): -$36
Shipping (paid by buyer): $0
Net Before Cost: $144

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

Should You Resell Canon on Poshmark?

While Canon offers solid profit potential, the competitive landscape and premium pricing pose challenges.

Profit Potential: Sellers can expect to earn $43.95 to $63.95 after fees and typical sourcing costs. Items priced strategically above the median tend to yield better results.

Risk Factors: Risks include high competition levels and authenticity concerns. Seasonal demand might affect sales consistency, necessitating strategic planning.

Reseller Rating
👌
Neutral

Quick Tips for Selling Canon

Focus on sourcing unique, high-demand Canon items to stand out.
Set competitive prices above the median to capture premium buyers.
Utilize rich product descriptions and quality images to enhance appeal.
Monitor market trends for shifts in demand and adjust inventory accordingly.
Engage with potential buyers and build credibility through prompt responses.

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