How well Longchamp sells on Poshmark

Longchamp generates solid revenue with quick turnover, offering promising opportunities for resellers aiming for higher price sales.

Rank #147 of 1000 $105,043 Revenue 1,199 Sellers Thumbs Up👍
Avg Sale Price
$73
Items Sold
1,430
Days to Sell
18 days
Market Share
0%

How Longchamp Performs on Poshmark

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.

Price vs Market

304%

of median
Sell Speed

18

days avg
Platform avg: 84 days
Daily Sales Volume

46

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
144 Loungefly $108,096 2,238 $48 1,470 56
145 Vince $107,585 2,346 $46 2,017 27
146 Rolex $107,153 96 $1,116 77 94
147 Longchamp $105,043 1,430 $73 1,199 18
148 Retrofete $104,342 531 $197 436 76
149 Columbia $102,555 4,761 $22 4,033 13
150 Barbour $102,363 1,242 $82 1,138 51

Longchamp Pricing & Sales Data

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.

Longchamp Competition 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

Seller Revenue Distribution

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.

Most Successful Longchamp Sellers

  1. @linlinlinlin1 - Monthly Revenue: $1,251
  2. @cheston20 - Monthly Revenue: $1,031
  3. @kellikertz - Monthly Revenue: $836

Profit Analysis for Longchamp Resellers

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.

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.

Risk Factors: Challenges include high competition among sellers and the risk of counterfeit products affecting brand reputation. Seasonal shifts in demand may also impact sales.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Longchamp

Focus on sourcing authentic Longchamp items to build buyer trust.
Target pricing between $70-$75 to maximize profit margins.
Invest in professional product photography to stand out from competitors.
Leverage social media marketing to expand customer reach.
Offer expedited shipping options to capitalize on quick sales velocity.

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