How well Good American sells on Poshmark

Good American excels with quick turnover and steady sales, making it appealing for resellers eager for fast results.

Rank #163 of 1000 $93,892 Revenue 2,129 Sellers Neutral👌
Avg Sale Price
$36
Items Sold
2,582
Days to Sell
24 days
Market Share
0%

How Good American Performs on Poshmark

Good American achieved $93,892 in sales last month with 2,582 items sold, securing a rank of 163 out of 1,000 tracked brands.

Ranking 163 out of 1,000, Good American maintains a solid presence in the marketplace. Despite stiff competition, it holds considerable market share through consistent performance.

Earning $93,892, Good American's revenue is smaller than the top 10 brands' average of $1,375,901, hinting at potential for growth but emphasizing the niche appeal over top-tier dominance.

Price vs Market

150%

of median
Sell Speed

24

days avg
Platform avg: 84 days
Daily Sales Volume

83

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
160 Manolo Blahnik $95,563 668 $143 614 64
161 Alexander Mcqueen $95,140 568 $168 530 65
162 Peter Millar $94,645 2,566 $37 1,888 19
163 Good American $93,892 2,582 $36 2,129 24
164 Chrome Hearts $92,884 408 $228 288 57
165 Pendleton $91,759 2,330 $39 1,932 25
166 Lands' End $91,574 4,744 $19 3,926 131

Good American Pricing & Sales Data

Good American's average price of $36.36 is above the platform's median of $24, positioning it in a mid-tier category. This suggests affordability while ensuring quality.

With an average of 24.10 days to sell an item versus the platform's 84-day average, Good American enjoys rapid inventory turnover, indicating strong demand and quick sales.

Good American stands out compared to similar brands due to higher item sales and quick turnover. It edges out close competitors with similar price points like Peter Millar, despite slightly lower revenue.

Good American Competition on Poshmark

With 2,129 sellers, competition is vibrant yet diverse. Sellers experience varying success, but there's space for newcomers to find their niche.

2,129

Active Sellers

1

Avg Items per Seller

$44

Avg Revenue per Seller

Seller Revenue Distribution

The top 3 sellers control only 1.6% of revenue, showing an evenly distributed seller market. New sellers can earn around $44, which indicates a challenging start but offers opportunities for gradual growth.

Most Successful Good American Sellers

  1. @collectiblesla - Monthly Revenue: $576
  2. @lilacvibes - Monthly Revenue: $487
  3. @lillycolette - Monthly Revenue: $427

Profit Analysis for Good American Resellers

After the $7.27 platform fee on a $36.36 sale, sellers need to aim for sourcing costs below $29 to ensure profit. If sourced at $20, net profit can reach $9 per item, indicating decent margins.

Quick Profit Calculator

Based on average sale price of $36

Sale Price: $36
Poshmark Fee (20%): -$7
Shipping (paid by buyer): $0
Net Before Cost: $29

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

Should You Resell Good American on Poshmark?

Solid turnover and price points are positives, but fierce competition and moderate average revenue suggest a cautious entry.

Profit Potential: With careful sourcing, a $20 buy cost can lead to $9 net profit per item. Scaling this model is key to substantial earnings.

Risk Factors: High competition and moderate individual seller earnings can be hurdles. Ensuring authenticity and understanding seasonal trends are vital.

Reseller Rating
👌
Neutral

Quick Tips for Selling Good American

Research trending Good American items to offer in-demand styles.
Focus on sourcing stock at or below $20 to maximize profit margins.
Engage with buyer feedback to improve listing appeal and update inventory.
Build a social media presence to boost visibility and customer trust.
Analyze competitor pricing and adjust your pricing to stay competitive.

Want to make more sales on Poshmark?

Make more sales and automate shares and offers using Resellbot.

Try Resellbot Today