$1,729
35
411 days
0%
How Luxe Performs on Poshmark
Last month, Luxe achieved a revenue of $60,515 from selling 35 items. It ranks 246th among the 1000 monitored brands.
Luxe holds a modest spot, right in the middle of our 1000 brands list. Despite its middle-tier ranking, its high item price implies a strong niche appeal. However, there is intense competition from both premium and budget-friendly brands around it.
Luxe's $60,515 in monthly revenue pales when compared to the top 10 brand average of $1,375,901. This highlights Luxe's niche status and suggests it may appeal more to luxury buyers than mass-market shoppers.
Price vs Market
7204%
of medianSell Speed
411
days avgDaily Sales Volume
1
per dayCompetitive Landscape
Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
---|---|---|---|---|---|---|
243 | Christy Dawn | $61,392 | 453 | $136 | 391 | 40 |
244 | Ralph Lauren Purple Label | $60,590 | 395 | $153 | 263 | 66 |
245 | Gymshark | $60,550 | 3,221 | $19 | 2,174 | 14 |
246 | Luxe | $60,515 | 35 | $1,729 | 29 | 411 |
247 | Zadig & Voltaire | $60,357 | 727 | $83 | 624 | 58 |
248 | Jacquemus | $59,354 | 285 | $208 | 259 | 97 |
249 | Alexander Wang | $59,296 | 500 | $119 | 462 | 79 |
Luxe Pricing & Sales Data
Luxe's average price is $1,729, which is significantly above the marketplace's median of $24. This positions Luxe in a premium tier, catering to a luxury-focused audience, contrasting sharply with the broader platform norms.
With items taking over 410 days to sell, Luxe's turnover rate is much slower than the platform average of around 84. This indicates a longer wait for inventory to clear, challenging those looking for quick sales.
Compared to nearby brands like Ralph Lauren or Gymshark, Luxe's average selling price is much higher. However, its sales volume is much lower, emphasizing Luxe's focus on high-value over high-volume items.
Luxe Competition on Poshmark
Although 29 sellers are vying in the Luxe category, the space is tightly controlled. Most revenue comes from just a few sellers, creating a challenging landscape for new entrants trying to compete.
29
Active Sellers
1
Avg Items per Seller
$2,087
Avg Revenue per Seller
Seller Revenue Distribution
With top sellers controlling 99.3% of the revenue, new sellers might struggle to gain traction. The large revenue per seller suggests existing sellers dominate, making it challenging for newcomers to break in.
Most Successful Luxe Sellers
- @andrews777 - Monthly Revenue: $59,994
- @me2usunshine - Monthly Revenue: $46
- @masha18 - Monthly Revenue: $40
Profit Analysis for Luxe Resellers
A $1,729 sale incurs a platform fee of $345.80. If a seller sources a genuine item under $1,200, they could see a healthy profit. For instance, buying at $1,000 yields $383.20 profit.
Quick Profit Calculator
Based on average sale price of $1729
Sale Price: | $1729 |
Poshmark Fee (20%): | -$346 |
Shipping (paid by buyer): | $0 |
Net Before Cost: | $1383 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.
Should You Resell Luxe on Poshmark?
While Luxe offers high returns, slow sales and dominant top sellers present challenges for newcomers.
Profit Potential: Buying items for under $1,200 gives room for profit. With a typical sell price of $1,729 and considering platform fees, resellers can net a significant margin if sourced well.
Risk Factors: Main hurdles include tough competition, risk of slow sales, and ensuring authenticity. These elements could affect expected returns and require careful sourcing.