How well Quince sells on Poshmark

Quince ranks in the top 100 brands, offering fantastic sales momentum for resellers with a reasonable average price point and fast turnover rate.

Rank #71 of 269 $198,008 Revenue 1,828 Sellers Thumbs Up👍
Demand
Average
This brand is somewhere in the middle of the pack.
Price Level
Mid-Priced
Pricing is not far from the middle of the market.
Sell Speed
Average
Sell speed looks fairly typical.
Competition
Moderate
Competition does not look unusually light or heavy.
Recent Direction
Steady
Recent sales look fairly steady.
Market Shape
Balanced
Sales are not concentrated in just one area.
Buy Cost Guide
$13
Rough max buy cost on a typical sale
Last 30 Days
5,312
Tracked sold items for this brand

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.

Main risk: The main challenges include intense seller competition, tight pricing strategies to beat top sellers, and ensuring authenticity for buyer trust, especially in peak seasons.

Worth Reselling?
👍
Thumbs Up

How To Sell Quince on Poshmark

Focus on unique items to stand out among competitors.
Engage regularly with buyers for better brand visibility.
Optimize pricing strategies to balance attractiveness and profit.
Ensure quick shipping to maintain customer satisfaction.
Utilize social media to drive traffic and awareness.

Poshmark Performance for Quince

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.

Similar Brands

Rank Brand Revenue Items Avg Price Sellers Days to Sell
68 Eric Javits $17,360 228 $76 213 121
69 Dkny $17,094 642 $27 566 13
70 Acne Studios $17,032 144 $118 116 4
71 Alegria $16,801 542 $31 475 22
72 Away $16,674 214 $78 190 19
73 Aviator Nation $16,600 288 $58 243 1
74 Albina Dyla $16,390 29 $565 27 44

Quince Prices and Sell Speed on Poshmark

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.

Competition for Quince 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

Who Is Winning

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.

Top Sellers

  1. @byrevive - Monthly Revenue: $39,699
  2. @sanguinity - Monthly Revenue: $18,951
  3. @hc_collective - Monthly Revenue: $14,973

What You Can Pay

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.

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