$401
5,215
45 days
2%
How Chanel Performs on Poshmark
Chanel achieved revenues of $2,093,122 with 5,215 items sold, ranking third among 1,000 tracked brands.
Holding the third spot in a highly competitive market, Chanel has managed to secure a significant position among 1,000 brands. The brand's revenue is impressive, just shy of Gucci's, indicating robust demand for luxury fashion.
Chanel's revenue of $2,093,122 is well above the top 10 brands' average of $1,375,901, showcasing its superior performance. This indicates a strong brand presence, likely driven by maintained value and consumer trust in its luxury status.
Price vs Market
1671%
of medianSell Speed
45
days avgDaily Sales Volume
168
per dayCompetitive Landscape
| Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
|---|---|---|---|---|---|---|
| 1 | Louis Vuitton | $2,641,031 | 7,827 | $337 | 4,767 | 31 |
| 2 | Gucci | $2,134,681 | 9,307 | $229 | 6,669 | 48 |
| 3 | Chanel | $2,093,122 | 5,215 | $401 | 3,551 | 45 |
| 4 | Lululemon Athletica | $1,570,367 | 46,222 | $34 | 22,611 | 13 |
| 5 | Nike | $1,210,709 | 42,352 | $29 | 27,272 | 25 |
| 6 | Free People | $1,067,628 | 26,162 | $41 | 14,886 | 17 |
Chanel Pricing & Sales Data
With an average item price of $401.37, Chanel significantly exceeds the marketplace median of $24. This places Chanel in the high-end tier, catering to a premium market segment with a focus on luxury goods.
Chanel items sell in just over 45 days on average, much quicker than the platform's standard 84-day turnover. This fast sales rate indicates a strong demand and efficient inventory movement, beneficial for maintaining cash flow.
While Louis Vuitton leads with higher revenue and more items sold, Chanel surpasses both Louis Vuitton and Gucci in average price. This highlights its strong brand prestige and customer loyalty, traits that set it apart as a premium choice.
Chanel Competition on Poshmark
The competition is fierce with 3,551 sellers offering Chanel items. Despite this, the opportunities remain ripe for those who can source unique or highly desirable pieces, as the brand’s loyal customer base ensures consistent demand.
3,551
Active Sellers
1
Avg Items per Seller
$589
Avg Revenue per Seller
Seller Revenue Distribution
With the top 3 sellers controlling only 5.2% of Chanel’s revenue, there's ample opportunity for new sellers. However, with an average of $589 revenue per seller, those entering the space should aim for niche or standout items to thrive.
Most Successful Chanel Sellers
- @ellesluxury4u - Monthly Revenue: $54,950
- @msrluxury - Monthly Revenue: $31,441
- @rebag - Monthly Revenue: $23,402
Profit Analysis for Chanel Resellers
For a typical sale of $401.37, after a platform fee of $80.27, sellers gross around $321.10. Considering sourcing costs, sellers must aim to acquire items in excellent condition for under $240 to ensure healthy profit margins.
Quick Profit Calculator
Based on average sale price of $401
| Sale Price: | $401 |
| Poshmark Fee (20%): | -$80 |
| Shipping (paid by buyer): | $0 |
| Net Before Cost: | $321 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.
Should You Resell Chanel on Poshmark?
Chanel’s fast turnover and premium prices offer substantial profit potential for resellers willing to invest in high-value items.
Profit Potential: A typical sale nets $321.10 post-fees. If a reseller sources items around $200-$250, they could achieve a healthy profit margin of around 28-45%.
Risk Factors: Challenges include high competition, risks of counterfeit goods, and the need to thoroughly authenticate items. Also, market trends could shift with changing fashion demands.