$37
5,312
51 days
0%
How Quince Performs on Poshmark
Quince achieved a total revenue of $198,008 with 5,312 items sold, ranking 71 out of 1000 brands.
Quince is positioned well among the top brands, sitting at rank 71. It has a strong foothold in the competitive landscape with a robust presence among 1000 tracked brands. Additionally, its placement signifies a healthy market share, highlighting its potential growth among peers.
Quince's revenue, while solid at $198,008, trails behind the top 10 brands' average of $1,375,901. This gap underscores a space for growth yet signals a need for strategic changes to scale to those levels while maintaining its current strengths.
Price vs Market
154%
of medianSell Speed
51
days avgDaily Sales Volume
171
per dayCompetitive Landscape
Rank | Brand | Revenue | Items | Avg Price | Sellers | Days to Sell |
---|---|---|---|---|---|---|
68 | Gap | $210,280 | 12,807 | $16 | 10,144 | 95 |
69 | Under Armour | $206,792 | 12,043 | $17 | 8,729 | 68 |
70 | The North Face | $198,435 | 6,258 | $32 | 5,202 | 7 |
71 | Quince | $198,008 | 5,312 | $37 | 1,828 | 51 |
72 | Rothy's | $197,298 | 3,411 | $58 | 2,688 | 13 |
73 | House Of Cb | $195,757 | 1,650 | $119 | 1,108 | 28 |
74 | Farm Rio | $195,110 | 2,464 | $79 | 2,032 | 17 |
Quince Pricing & Sales Data
With an average price of $37.28, Quince sits above the platform's median of $24. This positions the brand towards the higher end of casual yet affordable fashion. Items are priced in a range that attracts budget-conscious shoppers while maintaining value.
Quince items sell within an average of 51.14 days, much faster than the platform's 84-day average. This quick turnover indicates brisk inventory movement, suggesting a less idle stock and frequent engagement from buyers.
Unlike the neighboring brands from ranks 69 to 73, Quince offers a balance of affordability and quality. While close competitors like The North Face and Rothy's focus on higher price points or a narrow audience, Quince's diverse offering appeals broadly without compromising on sales volume.
Quince Competition on Poshmark
A total of 1,828 sellers are part of Quince’s marketplace. This environment fosters competition which drives quality and efficiency. Sellers must stay attentive to trends and pricing to capture buyers' attention effectively.
1,828
Active Sellers
3
Avg Items per Seller
$108
Avg Revenue per Seller
Seller Revenue Distribution
With top sellers like byrevive, the top three account for 37.2% of revenue. This high concentration means new sellers face significant competition from established power players, although there remains room for new entrants to carve out a niche.
Most Successful Quince Sellers
- @byrevive - Monthly Revenue: $39,699
- @sanguinity - Monthly Revenue: $18,951
- @hc_collective - Monthly Revenue: $14,973
Profit Analysis for Quince Resellers
After the typical $7.46 platform fee from a $37.28 sale, sellers need to source items cost-effectively for optimal profits. If sourcing at $10 per item, a seller could see net earnings of around $19.82 per sale, offering decent returns when scaled.
Quick Profit Calculator
Based on average sale price of $37
Sale Price: | $37 |
Poshmark Fee (20%): | -$7 |
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 Quince on Poshmark?
Quince's strong sales velocity and manageable average pricing provide good opportunities for sellers. The reasonable profit margins bolster a profitable platform for resellers.
Profit Potential: Given a sale price of $37.28 and sourcing costs around $10, sellers can expect to net approximately $19.82 per piece. This allows for a potentially lucrative venture if scaled efficiently.
Risk Factors: The main challenges include intense seller competition, tight pricing strategies to beat top sellers, and ensuring authenticity for buyer trust, especially in peak seasons.