$38
9,142
78 days
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 medianSell Speed
78
days avgDaily Sales Volume
295
per dayCompetitive 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
- @byrevive - Monthly Revenue: $15,724
- @sammi9191 - Monthly Revenue: $2,566
- @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.