Average
Mid-Priced
Average
Moderate
Recent Direction
Market Shape
Buy Cost Guide
Last 30 Days
Should You Resell Versace on Poshmark?
Versace offers strong sales potential with quick inventory turnover and significant revenue opportunities.
Profit potential: Buying at $70 and selling at $157.93 allows for solid profits after fees. Sellers can expect net margins of around $56 per item.
Main risk: Key challenges include intense competition and ensuring product authenticity. Sellers should also be wary of fluctuations in seasonal demand.
Worth Reselling?
How To Sell Versace on Poshmark
Poshmark Performance for Versace
Versace achieved $229,155 in sales with 1,451 items sold last month. It stands at rank 62 among tracked brands.
Among 1,000 brands, Versace holds a solid position at rank 62. It competes closely with other luxury brands, indicating a strong market presence. This places Versace in a challenging yet prestigious league.
Generating $229,155, Versace lags behind the top 10 average of $1,375,901. This gap indicates room for growth but underscores its success in maintaining a high price point.
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|---|---|---|---|---|---|---|
| 59 | Aminnah | $20,443 | 564 | $36 | 52 | 10 |
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| 61 | Agua Bendita | $19,272 | 261 | $74 | 182 | 9 |
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| 63 | Fanatics | $19,002 | 598 | $32 | 487 | 23 |
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Versace Prices and Sell Speed on Poshmark
Versace's average price of $157.93 is significantly above the platform's median of $24. This positions Versace firmly in the luxury segment, appealing to buyers seeking high-end products.
Versace products typically sell in 22.15 days, much faster than the platform's average of 84 days. This quick turnover suggests robust demand and efficient inventory movement for sellers.
Surrounded by brands like Alice + Olivia and Dooney & Bourke, Versace stands out with fewer items sold but at a premium price point. This distinction highlights its luxury appeal compared to broader market brands.
Competition for Versace on Poshmark
With 1,107 sellers, the competition is fierce. Yet, this extensive network reflects the brand's appeal to resellers eager to capitalize on its luxury status.
1,107
Active Sellers
1
Avg Items per Seller
$207
Avg Revenue per Seller
Who Is Winning
The top 3 sellers account for 15.9% of revenue. With an average revenue of $207 per seller, newcomers can find opportunities but must work harder to stand out.
Top Sellers
- @ellesluxury4u - Monthly Revenue: $20,006
- @nari_lux_sneakz - Monthly Revenue: $9,224
- @cynthia66 - Monthly Revenue: $7,221
What You Can Pay
After a $31.59 fee on a $157.93 sale, sellers must consider sourcing costs to ensure profitability. If buying items at $70, this leaves room for a decent net margin.
Quick Profit Calculator
Based on average sale price of $158
| Sale Price: | $158 |
| Poshmark Fee (20%): | -$32 |
| Shipping (paid by buyer): | $0 |
| Net Before Cost: | $126 |
Profit depends on your sourcing cost. Aim to source at 25-40% of sale price for good margins.