How well Hammitt sells on Poshmark

Hammitt's strong sales at a high average price point outperform marketplace norms—key insights for savvy resellers.

Rank #205 of 1000 $73,124 Revenue 384 Sellers Thumbs Up👍
Avg Sale Price
$143
Items Sold
513
Days to Sell
45 days
Market Share
0%

How Hammitt Performs on Poshmark

Hammitt secured a revenue of $73,124 from 513 items, ranking at 205 out of 1000 brands.

Hammitt stands solidly in the top fifth among competitors, highlighting strong market presence. While it doesn't reach top-tier revenue levels, its ranking signifies steady performance among mid-market brands.

Compared to top 10 brands averaging $1,375,901 in revenue, Hammitt's earnings show a more niche focus. This underscores its role as a smaller, yet effective player within specialized markets.

Price vs Market

596%

of median
Sell Speed

45

days avg
Platform avg: 84 days
Daily Sales Volume

17

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
202 Brooks Brothers $73,809 2,554 $29 2,088 24
203 Veja $73,507 1,190 $62 1,082 25
204 Loeffler Randall $73,367 701 $105 637 63
205 Hammitt $73,124 513 $143 384 45
206 Dolce Vita $72,449 1,846 $39 1,649 45
207 Daily Drills $72,269 823 $88 499 12
208 L'agence $71,861 983 $73 828 53

Hammitt Pricing & Sales Data

The $142.54 average price places Hammitt in a higher tier compared to the $24 median. This indicates a premium brand with a focus on higher-value items, contrasting with typical lower-cost offerings.

With an average sell time of 45.11 days, Hammitt items move faster than the platform's standard 84 days. This quick turnaround suggests efficient inventory management and strong demand.

Hammitt's ranking close to brands like Loeffler Randall reflects its appeal to a similar market segment but at a premium rate, unlike Dolce Vita and Daily Drills, which sell at lower prices.

Hammitt Competition on Poshmark

The competition is brisk with 384 sellers. Each seller contributes modestly, with the average generating close to $190, reflecting numerous smaller players involved.

384

Active Sellers

1

Avg Items per Seller

$190

Avg Revenue per Seller

Seller Revenue Distribution

With top sellers managing 10.7% of sales, it's evident that newer sellers face a challenge to stand out. The average earnings per seller highlight a competitive yet diverse marketplace.

Most Successful Hammitt Sellers

  1. @pryncesshell - Monthly Revenue: $3,150
  2. @jeanne6364 - Monthly Revenue: $2,594
  3. @nwtbrands2love - Monthly Revenue: $2,110

Profit Analysis for Hammitt Resellers

After the $28.51 fee from a $142.54 sale, sellers need to source items below $100 for a decent profit. With careful sourcing, margins can be meaningful, meeting the demands of discerning buyers.

Quick Profit Calculator

Based on average sale price of $143

Sale Price: $143
Poshmark Fee (20%): -$29
Shipping (paid by buyer): $0
Net Before Cost: $114

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

Should You Resell Hammitt on Poshmark?

Hammitt offers solid profit opportunities thanks to its high average sale price and quick turnover.

Profit Potential: Sourcing below $100 leaves room for decent margins, especially as Hammitt's average sale price is about $142.54. This offers potential margins of $14 to $40 per item.

Risk Factors: The main challenges include stiff competition among sellers and the need to verify authenticity. Seasonal trends might also impact demand.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Hammitt

Focus on sourcing authentic Hammitt items to ensure quality and avoid returns.
Set competitive prices slightly below the average to attract buyers while ensuring profits.
Monitor seasonal trends to capitalize on increased demand during peak times.
Build a niche within the Hammitt market to distinguish from other sellers.
Engage with buyers through excellent service to cultivate repeat business.

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