Average
Mid-Priced
Average
Moderate
Recent Direction
Market Shape
Buy Cost Guide
Last 30 Days
Should You Resell Hand Crafted on Poshmark?
The brand's high sales volume and affordability are strong, but longer sell times may pose challenges for cash flow.
Profit potential: If sourcing costs can be kept below $10 per item, profit per sale could hover around $8.26. Volume sales enhance earnings despite lower price points.
Main risk: Key challenges include prolonged sell times and fierce competition. Success requires unique, authentic products that entice buyers amid dense competition.
Worth Reselling?
How To Sell Hand Crafted on Poshmark
Poshmark Performance for Hand Crafted
Hand Crafted generated $79,508 in revenue from 3,484 items sold, ranking 187 out of 1000 brands.
Ranked at 187, Hand Crafted is performing well within the upper tier of the tracked brands. Despite being in the bottom half of its neighboring ranks, its high sales volume for its price point exhibits strong market reach and consumer interest.
Compared to the top 10 average brand revenue of over $1 million, Hand Crafted's $79,508 shows it's far behind in the marketplace's broad spectrum, relying on high-volume, low-cost strategies.
Similar Brands
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|---|---|---|---|---|---|---|
| 184 | Dsquared2 | $7,207 | 69 | $104 | 62 | 16 |
| 185 | Bio Ionic | $7,170 | 107 | $67 | 87 | 11 |
| 186 | Ashland | $7,163 | 166 | $43 | 66 | 6 |
| 187 | Angie | $7,131 | 365 | $20 | 306 | 7 |
| 188 | Benefit | $7,064 | 350 | $20 | 222 | 12 |
| 189 | Fabulous Furs | $6,993 | 103 | $68 | 87 | 236 |
| 190 | 3.1 Phillip Lim | $6,982 | 119 | $59 | 115 | 24 |
Hand Crafted Prices and Sell Speed on Poshmark
With an average selling price of $22.82, Hand Crafted operates just below the marketplace's median of $24. The brand caters to budget-conscious buyers looking for affordable pieces.
Hand Crafted items take about 128 days to sell, longer than the platform average of 84 days. This slower turnover means inventory may sit for months before selling, impacting cash flow.
While nearby brands like Asics and Mz Wallace optimize higher average prices, Hand Crafted relies on volume. Its competitive edge comes from selling affordable, handcrafted items, unlike its pricier neighbors.
Competition for Hand Crafted on Poshmark
With 1211 sellers, the competition is fierce. Sellers must creatively distinguish their offerings to succeed, given the large network vying for each sale.
1,211
Active Sellers
3
Avg Items per Seller
$66
Avg Revenue per Seller
Who Is Winning
With the top 3 sellers claiming 10.6% of revenue, new sellers can still find opportunities. Given the average revenue of $66 per seller, understanding niche markets and unique pricing may yield better outcomes.
Top Sellers
- @starson7th - Monthly Revenue: $3,642
- @jewelmazed - Monthly Revenue: $3,568
- @heidicrystalcox - Monthly Revenue: $1,214
What You Can Pay
After the marketplace's $4.56 fee, the net revenue on a $22.82 sale is about $18.26. With careful sourcing, aiming to keep costs under $10 per item could foster healthy profits.
Quick Profit Calculator
Based on average sale price of $23
| Sale Price: | $23 |
| Poshmark Fee (20%): | -$5 |
| Shipping (paid by buyer): | $0 |
| Net Before Cost: | $18 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.