Average
Mid-Priced
Average
Moderate
Recent Direction
Market Shape
Buy Cost Guide
Last 30 Days
Should You Resell Longchamp on Poshmark?
The data shows promising sales velocity and profitability for Longchamp items, making it a viable option for sellers with strategic sourcing.
Profit potential: With average post-fee earnings of $58.77 and typical sourcing costs around $30, sellers could potentially net about $28 per sale. Careful sourcing and target pricing can enhance margins further.
Main risk: Challenges include high competition among sellers and the risk of counterfeit products affecting brand reputation. Seasonal shifts in demand may also impact sales.
Worth Reselling?
How To Sell Longchamp on Poshmark
Poshmark Performance for Longchamp
Longchamp achieved $105,043 in revenue with 1,430 items sold, ranking it 147 out of 1,000 brands.
Longchamp stands strong among the 1,000 tracked brands, securing the 147th spot. With healthy sales figures, it competes closely with brands like Vince and Columbia, showing resilience in a crowded market.
Comparatively, Longchamp's revenue of $105,043 falls short against the top 10 brands' average of $1,375,901. This indicates that while successful, there's substantial room for growth if further brand expansion efforts are deployed.
Similar Brands
| Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
|---|---|---|---|---|---|---|
| 144 | Baltic Born | $8,728 | 240 | $36 | 222 | 4 |
| 145 | Arcina Ori | $8,713 | 36 | $242 | 34 | 47 |
| 146 | Esprit | $8,683 | 398 | $22 | 371 | 97 |
| 147 | Evisu | $8,661 | 77 | $112 | 48 | 105 |
| 148 | Catbird | $8,532 | 48 | $178 | 29 | 3 |
| 149 | Alpaka | $8,514 | 144 | $59 | 38 | 17 |
| 150 | Anastasia Beverly Hills | $8,397 | 448 | $19 | 286 | 15 |
Longchamp Prices and Sell Speed on Poshmark
The average price of $73.46 positions Longchamp in a high-tier pricing range, compared to the marketplace median of $24. This indicates a premium segment, attracting buyers willing to spend more.
Longchamp's items sell on average in 17.93 days, which is much quicker than the platform average of roughly 84 days. This fast turnover suggests high demand and efficient inventory movement.
Longchamp’s revenue is slightly lower than its neighboring brands like Rolex and Vince, yet it retains a dedicated customer base with better pricing strategy. Its moderately high price helps it stand out, striking a balance between luxury and accessibility.
Competition for Longchamp on Poshmark
With 1,199 sellers involved, the competition is quite high. Individual sellers need to differentiate themselves as they compete in a saturated market with many participants offering similar products.
1,199
Active Sellers
1
Avg Items per Seller
$88
Avg Revenue per Seller
Who Is Winning
The top 3 sellers only account for 3.0% of the total revenue, implying a fairly distributed sales environment. New sellers have a good chance at breaking in, given the average revenue per seller is about $88, revealing potential for those who can effectively market their products.
Top Sellers
- @linlinlinlin1 - Monthly Revenue: $1,251
- @cheston20 - Monthly Revenue: $1,031
- @kellikertz - Monthly Revenue: $836
What You Can Pay
With a platform fee of $14.69 on a $73.46 sale, sellers earn about $58.77 post-fees. If sourcing costs come to about $30 per item, profit potential remains attractive, with a possible net margin of around $28.77 per sale.
Quick Profit Calculator
Based on average sale price of $73
| Sale Price: | $73 |
| Poshmark Fee (20%): | -$15 |
| Shipping (paid by buyer): | $0 |
| Net Before Cost: | $58 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.