How well Nike sells on Poshmark

Nike shines at rank 5 with $1.2M revenue, offering opportunities for resellers with fast turnover and competitive pricing.

Rank #5 of 1000 $1,210,709 Revenue 27,272 Sellers Thumbs Up👍
Avg Sale Price
$29
Items Sold
42,352
Days to Sell
25 days
Market Share
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 median
Sell Speed

25

days avg
Platform avg: 84 days
Daily Sales Volume

1366

per day
Platform avg: 52

Competitive 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

  1. @sunshinesails - Monthly Revenue: $30,005
  2. @owengail - Monthly Revenue: $9,297
  3. @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.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Nike

Research trending Nike items to focus inventory.
Engage in competitive pricing to attract buyers.
Develop engaging listings with high-quality photos.
Keep an eye on seasonal trends to adjust stock accordingly.
Consider bulk purchasing to lower sourcing costs.

Want to make more sales on Poshmark?

Make more sales and automate shares and offers using Resellbot.

Try Resellbot Today