How well Salvatore Ferragamo sells on Poshmark

Salvatore Ferragamo sellers enjoy solid sales with high average pricing, appealing to resellers seeking premium returns.

Rank #66 of 1000 $212,960 Revenue 1,801 Sellers Thumbs Up👍
Avg Sale Price
$102
Items Sold
2,093
Days to Sell
85 days
Market Share
0%

How Salvatore Ferragamo Performs on Poshmark

Salvatore Ferragamo saw total revenue of $212,960 with 2,093 items sold, ranking 66th overall.

Ranked 66 out of 1000, Ferragamo claims a niche spot, outpacing several popular brands with competitive revenue in a crowded market.

The brand's revenue of $212,960 is notably lower than the top 10 average. This suggests Ferragamo caters to a niche crowd rather than broad mass-market, offering unique luxury at a higher price but smaller scale.

Price vs Market

425%

of median
Sell Speed

85

days avg
Platform avg: 84 days
Daily Sales Volume

68

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
63 Old Navy $223,372 17,939 $12 12,819 70
64 Skims $217,400 6,838 $32 3,598 29
65 Lauren Ralph Lauren $214,292 6,856 $31 5,542 90
66 Salvatore Ferragamo $212,960 2,093 $102 1,801 85
67 Doen $212,768 1,617 $132 1,162 18
68 Gap $210,280 12,807 $16 10,144 95
69 Under Armour $206,792 12,043 $17 8,729 68

Salvatore Ferragamo Pricing & Sales Data

With an average sale price of $101.75, Ferragamo stands well above the marketplace median of $24. This positions the brand in a high-tier luxury segment, attracting buyers willing to invest more for luxury items.

The average time to sell for Ferragamo is 84.58 days, nearly aligning with the marketplace's overall average. It indicates a healthy turnover for high-value products, demanding a patient yet rewarding sales strategy.

Ferragamo's distinct appeal lies in its premium pricing, distinct from brands like Old Navy or Gap, which rely on volume sales. Nearest competition like Lauren Ralph Lauren mirrors similar buyer demographics but at a lower price point.

Salvatore Ferragamo Competition on Poshmark

Among 1,801 active sellers, competition is intense but manageable. Individual sellers must strive to differentiate their offerings to capitalize on the lucrative Ferragamo market.

1,801

Active Sellers

1

Avg Items per Seller

$118

Avg Revenue per Seller

Seller Revenue Distribution

With the top 3 sellers controlling only 3.0% of revenue, the Ferragamo market suggests room for newcomers. The average seller income of $118 indicates small-scale operations can find success with the right approach.

Most Successful Salvatore Ferragamo Sellers

  1. @stephsposh2023 - Monthly Revenue: $2,220
  2. @nari_lux_sneakz - Monthly Revenue: $2,216
  3. @elady - Monthly Revenue: $1,954

Profit Analysis for Salvatore Ferragamo Resellers

Deducting a $20.35 platform fee results in $81.40 per sale. If sourcing items costs around $50, sellers could see profits of over $30 per item, making Ferragamo a potentially profitable brand.

Quick Profit Calculator

Based on average sale price of $102

Sale Price: $102
Poshmark Fee (20%): -$20
Shipping (paid by buyer): $0
Net Before Cost: $82

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

Should You Resell Salvatore Ferragamo on Poshmark?

The high average price and manageable competition make it a promising choice for resellers.

Profit Potential: Given a typical item cost of $50, the net profit might exceed $30 per sale, providing attractive margins for resellers.

Risk Factors: Main challenges include high competition, ensuring authenticity due to its luxury nature, and fluctuating demand with economic changes.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Salvatore Ferragamo

Focus on sourcing genuine, high-demand items to capitalize on brand loyalty.
Utilize sharp photography and detailed descriptions to stand out among listings.
Monitor competitors' pricing to adjust and remain competitive.
Engage with buyers through responsive communication to build trust.
Experiment with promotional offers to increase visibility and accelerate sales.

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