How well Veja sells on Poshmark

Veja stands out with a $61.77 average sold price and fast-selling sneakers. Key insights for resellers seeking profitable brands.

Rank #203 of 1000 $73,507 Revenue 1,082 Sellers Thumbs Up👍
Avg Sale Price
$62
Items Sold
1,190
Days to Sell
25 days
Market Share
0%

How Veja Performs on Poshmark

Last month, Veja achieved a revenue of $73,507 from 1,190 items sold. It ranks at 203 out of 1,000 brands.

Veja sits comfortably in the middle tier among tracked brands, securing the 203rd spot. Its strong turnover keeps it competitive and appealing to sellers aiming for decent margins.

Compared to the top 10 brands averaging over $1.37 million in revenue, Veja's $73,507 reflects a growing but modest presence. This suggests room for expansion and growth within its category.

Price vs Market

258%

of median
Sell Speed

25

days avg
Platform avg: 84 days
Daily Sales Volume

38

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
200 7 For All Mankind $74,665 1,998 $37 1,774 23
201 Nfl $74,014 3,478 $21 2,802 19
202 Brooks Brothers $73,809 2,554 $29 2,088 24
203 Veja $73,507 1,190 $62 1,082 25
204 Loeffler Randall $73,367 701 $105 637 63
205 Hammitt $73,124 513 $143 384 45
206 Dolce Vita $72,449 1,846 $39 1,649 45

Veja Pricing & Sales Data

The average selling price of $61.77 places Veja in a higher price tier compared to the marketplace's median sale price of $24. This signals a premium product line that attracts buyers willing to pay more for quality sneakers.

With items selling on average within 24.74 days, Veja has a much swifter inventory turnover compared to the platform's 84-day standard. This quick sales pace is appealing to sellers looking for rapid returns.

Veja, unlike its neighboring ranks, maintains a higher average sale price and faster turnover compared to brands like Brooks Brothers and 7 For All Mankind. Its niche in premium sneakers sets it apart from denim or apparel-focused competitors.

Veja Competition on Poshmark

Veja involves a crowded arena of 1,082 sellers, each working to capture buyers in this popular niche. The market is competitive, yet the demand remains robust, allowing sellers opportunities to carve out market share.

1,082

Active Sellers

1

Avg Items per Seller

$68

Avg Revenue per Seller

Seller Revenue Distribution

Top sellers collectively manage just 3.7% of total revenue, indicating a widely distributed seller base. Newcomers can comfortably join the market without the pressure of singular dominance.

Most Successful Veja Sellers

  1. @theexistentials - Monthly Revenue: $1,067
  2. @solow_edit - Monthly Revenue: $1,045
  3. @shrewd_soles - Monthly Revenue: $588

Profit Analysis for Veja Resellers

With platform fees of $12.35 on a $61.77 sale, the net is $49.42. If sourcing cost per item is around $30, sellers could see profits near $19.42 per item, factoring in other costs.

Quick Profit Calculator

Based on average sale price of $62

Sale Price: $62
Poshmark Fee (20%): -$12
Shipping (paid by buyer): $0
Net Before Cost: $50

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

Should You Resell Veja on Poshmark?

With fast turnover and a niche market, Veja presents a viable opportunity for resellers.

Profit Potential: Sourcing shoes for $30 leaves a potential profit margin of around 32% after fees. A savvy seller could target higher margins by finding lower-cost sources.

Risk Factors: Competition is high, and maintaining authenticity in supplies can be challenging. Seasonal demand can also impact sales cycles, requiring strategic inventory management.

Reseller Rating
👍
Thumbs Up

Quick Tips for Selling Veja

Focus on securing authentic sneakers from trusted sources to maintain brand integrity.
Engage buyers with high-quality listings and clear product descriptions to stand out.
Monitor seasonal trends to anticipate and prepare for demand shifts.
Utilize analytics to identify top-selling styles and optimize inventory decisions.
Explore cross-promotion opportunities with related fashion items to maximize visibility.

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