How well Prada sells on Poshmark

Prada shines with high average prices and quick sales, making it attractive for resellers seeking luxury brand profits.

Rank #11 of 1000 $726,326 Revenue 3,192 Sellers Thumbs Up👍
Avg Sale Price
$189
Items Sold
3,852
Days to Sell
68 days
Market Share
1%

How Prada Performs on Poshmark

Prada had a successful month with $726,326 in revenue from 3,852 items sold, landing the 11th spot among top brands.

Prada holds a strong position, ranked 11th out of 1000 brands. Its luxury status and distinct price point differentiate it from more budget-friendly options while maintaining significant market share.

While Prada's $726,326 revenue is substantial, it's noticeably below the top 10 average of $1,375,901. This suggests a significant growth potential if it captures more market share or expands its audience.

Price vs Market

788%

of median
Sell Speed

68

days avg
Platform avg: 84 days
Daily Sales Volume

124

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
8 J. Crew $767,714 25,495 $30 15,718 43
9 Coach $757,222 14,022 $54 9,356 29
10 Tory Burch $728,768 10,866 $67 8,191 35
11 Prada $726,326 3,852 $189 3,192 68
12 Zara $673,743 25,177 $27 15,664 41
13 Madewell $666,623 21,042 $32 12,824 30
14 Patagonia $640,087 16,377 $39 11,929 37

Prada Pricing & Sales Data

With an average price of $188.56, Prada is well above the $24 marketplace median. This positions Prada in a high-end luxury tier, attracting buyers willing to pay more for prestige.

Prada items sell faster than average, taking about 67.73 days compared to the typical 84 days. This indicates strong demand and efficient inventory turnover, beneficial for sellers aiming to liquidate stock quickly.

Prada's unique selling proposition lies in its luxury appeal compared to brands like Coach or Zara, which are more mainstream. Despite having fewer items sold, its higher price point fuels substantial revenue.

Prada Competition on Poshmark

Competing among 3,192 sellers, the Prada market is vibrant yet competitive. New sellers need to differentiate with unique items or competitive pricing to stand out.

3,192

Active Sellers

1

Avg Items per Seller

$228

Avg Revenue per Seller

Seller Revenue Distribution

The top three sellers only cover 3.2% of total sales, allowing room for newcomers to make an impact. With average earnings of $228 per seller, there's potential for profitability with smart strategies.

Most Successful Prada Sellers

  1. @justbag_net - Monthly Revenue: $9,597
  2. @elady - Monthly Revenue: $7,984
  3. @brandstreet - Monthly Revenue: $5,796

Profit Analysis for Prada Resellers

After a $37.71 fee on an average sale of $188.56, sellers keep $150.85. With sourcing costs at $70 per item, sellers can make around $80 in profit, emphasizing the importance of sourcing bargains.

Quick Profit Calculator

Based on average sale price of $189

Sale Price: $189
Poshmark Fee (20%): -$38
Shipping (paid by buyer): $0
Net Before Cost: $151

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

Should You Resell Prada on Poshmark?

Prada offers high average prices and quick sell times, making it a lucrative choice for resellers targeting luxury buyers.

Profit Potential: Sourcing Prada items for $70 allows for a tidy profit margin, with a potential net of around $80 per item after fees.

Risk Factors: Competition is fierce with many sellers, and authenticity is crucial. Seasonal trends can affect demand, so staying aware of consumer behavior is key.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Prada

Focus on sourcing genuine, high-demand Prada items at low prices.
Build a reputation for authenticity to attract repeat buyers.
Set competitive prices to stay ahead in the crowded market.
Monitor seasonal trends and adjust inventory accordingly.
Engage with your audience through social media to enhance visibility.

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