$29
42,352
25 days
1%
How Nike Performs on Poshmark
Nike achieved significant sales last month, with a total revenue of $1,210,709 and 42,352 items sold, securing the 5th spot among 1000 brands.
Holding the 5th rank, Nike is a powerhouse in the e-commerce market among a thousand brands. Its strong revenue and sales volumes reflect its substantial market share and a solid competitive foothold.
Nike's $1.2M revenue is slightly below the top 10 brands' average of $1.37M, yet it demonstrates robust performance with its appealing price strategy, capturing a broad audience.
Price vs Market
121%
of medianSell Speed
25
days avgDaily Sales Volume
1366
per dayCompetitive Landscape
Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
---|---|---|---|---|---|---|
2 | Gucci | $2,134,681 | 9,307 | $229 | 6,669 | 48 |
3 | Chanel | $2,093,122 | 5,215 | $401 | 3,551 | 45 |
4 | Lululemon Athletica | $1,570,367 | 46,222 | $34 | 22,611 | 13 |
5 | Nike | $1,210,709 | 42,352 | $29 | 27,272 | 25 |
6 | Free People | $1,067,628 | 26,162 | $41 | 14,886 | 17 |
7 | Anthropologie | $787,769 | 20,506 | $38 | 11,828 | 43 |
8 | J. Crew | $767,714 | 25,495 | $30 | 15,718 | 43 |
Nike Pricing & Sales Data
At an average price of $28.59, Nike is priced above the marketplace median of $24. This puts Nike in a mid-tier price range, offering affordability while retaining value appeal.
With an average of 24.7 days to sell, Nike's inventory moves swiftly compared to the platform's 84-day average. This speed implies a high turnover rate, benefiting sellers with quick stock refresh cycles.
Nike differs from luxury-focused brands like Chanel and Gucci by selling more items at a lower price point. Unlike Lululemon, Nike slightly lags in revenue and items sold but remains strong in its market lane.
Nike Competition on Poshmark
In a bustling marketplace with 27,272 sellers, competition is fierce. Each seller fights for attention, making differentiation crucial to stand out in this crowded environment.
27,272
Active Sellers
2
Avg Items per Seller
$44
Avg Revenue per Seller
Seller Revenue Distribution
Top 3 sellers control a modest 3.6% of revenue. The average seller earns just $44, suggesting new sellers face stiff competition and need strategic planning to make significant profits.
Most Successful Nike Sellers
- @sunshinesails - Monthly Revenue: $30,005
- @owengail - Monthly Revenue: $9,297
- @mdstyles17 - Monthly Revenue: $4,605
Profit Analysis for Nike Resellers
Considering the $5.72 platform fee from a $28.59 sale, sellers must manage sourcing costs effectively, ideally below $20, to achieve a profitable margin above 10%.
Quick Profit Calculator
Based on average sale price of $29
Sale Price: | $29 |
Poshmark Fee (20%): | -$6 |
Shipping (paid by buyer): | $0 |
Net Before Cost: | $23 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.
Should You Resell Nike on Poshmark?
With strong sales velocity and an attractive price range, Nike offers promising opportunities for savvy resellers.
Profit Potential: Assuming sourcing costs of $18, sellers can expect around $4.87 net profit per item after fees. Bulk buying strategies could enhance margins further.
Risk Factors: The main challenges include high competition, pricing pressure, and the need to manage an authentic inventory. Seasonal trends may also affect demand.