How well Michael Kors sells on Poshmark

Michael Kors ranks 36th with $350,374 revenue. Understand market trends and opportunities for sellers.

Rank #36 of 1000 $350,374 Revenue 6,641 Sellers Neutral👌
Avg Sale Price
$38
Items Sold
9,142
Days to Sell
78 days
Market Share
0%

How Michael Kors Performs on Poshmark

Michael Kors earned $350,374 from selling 9,142 items, ranking 36th among 1,000 brands.

Michael Kors holds a competitive spot at rank 36 out of 1,000. This brand's strong sales indicate a solid market share, amidst fierce competition with other reputable brands.

Generating $350,374, Michael Kors falls short compared to top 10 brands averaging $1,375,901. While it competes solidly, the brand has room to grow towards the top tier.

Price vs Market

158%

of median
Sell Speed

78

days avg
Platform avg: 84 days
Daily Sales Volume

295

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
33 Polo Ralph Lauren $368,570 11,495 $32 8,122 74
34 Tiffany & Co. $357,644 1,893 $189 1,365 19
35 Levi's $352,489 14,149 $25 10,655 53
36 Michael Kors $350,374 9,142 $38 6,641 78
37 Everlane $305,338 8,564 $36 5,511 51
38 Figs $297,210 9,941 $30 5,506 17
39 Celine $296,695 1,168 $254 970 30

Michael Kors Pricing & Sales Data

With an average price of $38.33, Michael Kors stands above the platform's median of $24, placing it in a mid-range price tier. This suggests affordability with perceived quality.

Items take an average of 77.78 days to sell, which is slightly faster than the platform's 84-day average. This indicates a decent inventory turnover for sellers.

Unlike neighbors like Tiffany & Co. and Levi's that focus on high-end and budget segments, Michael Kors appeals to the mid-market. This positioning helps balance volume and value effectively.

Michael Kors Competition on Poshmark

The market is competitive with 6,641 sellers. There's a reasonable spread of sales among sellers, but new entrants need a unique strategy to stand out.

6,641

Active Sellers

1

Avg Items per Seller

$53

Avg Revenue per Seller

Seller Revenue Distribution

The top 3 sellers combine for 5.8% of revenue, showing diverse earning opportunities. With an average of $53 per seller, new sellers can start with modest expectations.

Most Successful Michael Kors Sellers

  1. @byrevive - Monthly Revenue: $15,724
  2. @sammi9191 - Monthly Revenue: $2,566
  3. @marleneluxbrand - Monthly Revenue: $1,998

Profit Analysis for Michael Kors Resellers

After a $7.67 fee, sellers net about $30.66. Given items can be sourced under $20, profits can reach over $10 per item, a decent margin for sellers smart on sourcing.

Quick Profit Calculator

Based on average sale price of $38

Sale Price: $38
Poshmark Fee (20%): -$8
Shipping (paid by buyer): $0
Net Before Cost: $30

Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.

Should You Resell Michael Kors on Poshmark?

While there is profit potential, heavy competition and moderate price point require strategic selling tactics.

Profit Potential: Sellers sourcing items for $20 can expect over $10 profit after fees. Aiming for fast turnover will maximize earnings given the $38.33 average sale.

Risk Factors: Sellers face stiff competition. Authenticity is crucial as fake products hurt reputations. Seasonal demand fluctuations may impact sales.

Reseller Rating
👌
Neutral

Quick Tips for Selling Michael Kors

Focus on listing high-demand, recognizable styles to capture attention.
Ensure authenticity through proper sourcing and verification.
Set competitive pricing slightly below $38.33 to attract more buyers.
Promote unique or rare items to standout among other sellers.
Engage with buyers through quick responses and personalized interaction.

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