Average
Mid-Priced
Average
Moderate
Recent Direction
Market Shape
Buy Cost Guide
Last 30 Days
Should You Resell Figs on Poshmark?
The brand’s quick sales rate, affordable pricing, and steady demand offer a solid opportunity for sellers looking to make reliable profits.
Profit potential: Realistically, if sourcing costs hover around $10 per item, sellers can expect a net profit of about $13.92 per item. Selling 10 items a week could net approximately $139.20.
Main risk: The main challenge lies in the high level of competition and ensuring product authenticity. Seasonal demand changes could also affect sales consistency.
Worth Reselling?
How To Sell Figs on Poshmark
Poshmark Performance for Figs
Figs generated $297,210 in revenue, selling 9,941 items. The brand is currently ranked 38th.
Figs stands firmly in the upper ranks among the 1000 brands tracked, holding the 38th position. This placement highlights its competitive market presence, especially when compared to other brands in similar ranking positions.
Figs’ $297,210 revenue is a fraction of the top 10 brands' average of $1,375,901. This gap highlights the potential for growth and signals room for expansion to match top-tier brands.
Similar Brands
| Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
|---|---|---|---|---|---|---|
| 35 | Audemars Piguet | $33,288 | 25 | $1,332 | 21 | 48 |
| 36 | Diane Von Furstenberg | $32,021 | 671 | $48 | 624 | 14 |
| 37 | Bhldn | $31,136 | 266 | $117 | 216 | 8 |
| 38 | Escada | $30,095 | 526 | $57 | 482 | 73 |
| 39 | Demellier | $29,667 | 114 | $260 | 89 | 31 |
| 40 | Balmain | $28,595 | 160 | $179 | 144 | 7 |
| 41 | Dolce Vita | $28,378 | 736 | $39 | 601 | 8 |
Figs Prices and Sell Speed on Poshmark
With an average price of $29.90, Figs sits slightly above the platform's median sale price of $24. This positions Figs within an affordable, yet slightly premium price tier relative to the marketplace average.
Figs items sell in an average of 17.09 days, much faster than the marketplace average of 84 days. This quick turnover rate signifies a high demand, indicating effective inventory movement and reducing potential holding costs.
Unlike Michael Kors and Everlane with similar revenue, Figs maintains a keen focus on moderate pricing, making it more accessible. This focus differentiates Figs from the higher-priced ranks like Celine, balancing affordability and quality.
Competition for Figs on Poshmark
The competitive environment is bustling with 5,506 unique sellers marketing Figs products. This intense environment suggests that sellers need to be strategic to stand out and capture buyers' attention.
5,506
Active Sellers
2
Avg Items per Seller
$54
Avg Revenue per Seller
Who Is Winning
The top 3 sellers control only 1.3% of the revenue, suggesting a diverse seller base. For new sellers, this implies plenty of opportunities to enter and secure a share of the market without large existing dominance.
Top Sellers
- @chelseajes - Monthly Revenue: $1,545
- @beandeals - Monthly Revenue: $1,137
- @roselelevich - Monthly Revenue: $1,088
What You Can Pay
After the typical $5.98 fee, resellers net approximately $23.92 on a $29.90 sale. If sourcing costs are kept under $10, sellers could aim for around a $13-$14 profit per item, offering a healthy margin.
Quick Profit Calculator
Based on average sale price of $30
| Sale Price: | $30 |
| Poshmark Fee (20%): | -$6 |
| Shipping (paid by buyer): | $0 |
| Net Before Cost: | $24 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.