How well Chico's sells on Poshmark

Chico's consistent sales and competitive pricing make it an appealing option for resellers looking to boost revenue with high turnover.

Rank #94 of 1000 $154,898 Revenue 5,129 Sellers Thumbs Up👍
Avg Sale Price
$20
Items Sold
7,840
Days to Sell
51 days
Market Share
0%

How Chico's Performs on Poshmark

Chico's achieved $154,898 in sales with 7,840 items moved, securing the 94th rank among tracked brands.

Chico's ranks 94 out of 1000 brands. It maintains a strong presence despite fierce competition, indicating a solid performance. Its unique mix of volume and pricing helps it stay competitive.

With revenues significantly below the top 10 average, Chico's shows potential for growth. Its current performance highlights a niche for competitively priced, fast-selling items.

Price vs Market

83%

of median
Sell Speed

51

days avg
Platform avg: 84 days
Daily Sales Volume

253

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
91 Carhartt $156,328 5,422 $29 4,245 9
92 Mcm $155,799 1,055 $148 723 26
93 Sorel $155,418 3,546 $44 2,804 20
94 Chico's $154,898 7,840 $20 5,129 51
95 Loewe $152,967 512 $299 456 49
96 L.l. Bean $150,953 5,251 $29 4,136 12
97 Goyard $148,507 210 $707 167 36

Chico's Pricing & Sales Data

The average price of $19.76 is below the platform median of $24, positioning Chico's in the budget-friendly range. This attracts price-sensitive shoppers seeking deals under $20.

With an average sell time of 50.56 days compared to the platform's 84-day average, Chico's items turn over quickly. This makes it an attractive option for sellers wanting faster sales.

While brands like Mcm and Sorel have higher average prices, Chico's stands out by selling a larger volume at lower prices. This strategy differentiates it within nearby ranks by focusing on quick, high-volume sales.

Chico's Competition on Poshmark

Over 5,000 sellers compete to move Chico's products. This high seller count creates a lively market, ensuring constant activity but also increasing rivalry for attention.

5,129

Active Sellers

2

Avg Items per Seller

$30

Avg Revenue per Seller

Seller Revenue Distribution

The top 3 sellers, controlling only 1.6% of revenue, indicate a level playing field. New sellers can find opportunities by understanding price dynamics and customer preferences.

Most Successful Chico's Sellers

  1. @zenaidalin - Monthly Revenue: $902
  2. @wbiser - Monthly Revenue: $794
  3. @krisbutler111 - Monthly Revenue: $759

Profit Analysis for Chico's Resellers

After a $3.95 fee on a typical $19.76 sale, sellers must keep sourcing costs low to make a profit. Sourcing items around $5 can leave room for a decent margin, allowing for competitive pricing.

Quick Profit Calculator

Based on average sale price of $20

Sale Price: $20
Poshmark Fee (20%): -$4
Shipping (paid by buyer): $0
Net Before Cost: $16

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

Should You Resell Chico's on Poshmark?

Chico's offers quick sales and a wide market appeal at a lower price point, presenting good opportunities for sellers.

Profit Potential: With selling prices around $19.76 and low platform fees, profitable sourcing requires items to be acquired for around $5. This allows for reasonable profit margins of about $10 per item.

Risk Factors: Main challenges include high competition and the need for strategic pricing. Ensuring item authenticity and tracking trends can mitigate risks.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Chico's

Focus on sourcing low-cost, high-demand items to maximize margins.
Experiment with pricing slightly below average to attract budget-conscious buyers.
Monitor sales data to identify trends and adjust inventory accordingly.
Promote items with clear, high-quality photos and detailed descriptions.
Engage with buyers regularly and offer responsive customer service to build loyalty.

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