How well Luxe sells on Poshmark

Luxe shows potential with premium pricing and strong revenue, though lengthy sell times could challenge resellers seeking fast turns.

Rank #246 of 1000 $60,515 Revenue 29 Sellers Neutral👌
Avg Sale Price
$1,729
Items Sold
35
Days to Sell
411 days
Market Share
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 median
Sell Speed

411

days avg
Platform avg: 84 days
Daily Sales Volume

1

per day
Platform avg: 52

Competitive 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

  1. @andrews777 - Monthly Revenue: $59,994
  2. @me2usunshine - Monthly Revenue: $46
  3. @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.

Reseller Rating
👌
Neutral

Quick Tips for Selling Luxe

Focus on building relationships with reliable, authenticated luxury item sources.
Price competitively with an eye on capturing the premium buyer market.
Consider inventory financing options to sustain through long sell times.
Use targeted marketing to reach luxury-focused customers on social media.
Monitor competitors to identify market disruptions or shifts in demand.

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