How well Vince sells on Poshmark

Vince's performance shines with over $107K in sales last month. Discover why this matters for savvy resellers seeking profit opportunities.

Rank #145 of 1000 $107,585 Revenue 2,017 Sellers Neutral👌
Avg Sale Price
$46
Items Sold
2,346
Days to Sell
27 days
Market Share
0%

How Vince Performs on Poshmark

Vince achieved $107,585 in revenue from selling 2,346 items, ranking 145th in the marketplace.

Positioned at 145, Vince stands strong among 1,000 brands, showcasing a significant place in the market. The brand's consistent sales highlight its growing popularity and reliable customer base.

Vince's $107,585 revenue falls short of the top 10 brands average, which is over a million. This suggests potential for growth yet points to a need for strategic positioning to capture a larger slice of the market pie.

Price vs Market

192%

of median
Sell Speed

27

days avg
Platform avg: 84 days
Daily Sales Volume

76

per day
Platform avg: 52

Competitive Landscape

Rank Brand Revenue Items Avg Price Sellers Days to Sell
142 Dansko $108,849 2,860 $38 2,314 20
143 We The Free $108,622 2,879 $38 2,256 15
144 Loungefly $108,096 2,238 $48 1,470 56
145 Vince $107,585 2,346 $46 2,017 27
146 Rolex $107,153 96 $1,116 77 94
147 Longchamp $105,043 1,430 $73 1,199 18
148 Retrofete $104,342 531 $197 436 76

Vince Pricing & Sales Data

Vince's average price of $45.86 well exceeds the marketplace median of $24, placing it in a mid-to-high tier range. This suggests a consumer willingness to pay more for perceived value or quality.

With an average timespan of 27.34 days to sell an item, Vince's turnover is remarkably faster than the marketplace average of 84 days. This indicates a desirable inventory that's quick to move, minimizing holding costs.

Compared to brands ranked closely, Vince maintains a steady average price with comparable revenue to Dansko and Loungefly. Its distinct average sale time gives it an edge over similarly-ranked brands in quick turnover.

Vince Competition on Poshmark

The brand has a broad seller base with 2,017 active participants, indicating a bustling and competitive scene. Sellers need to differentiate themselves with unique items or pricing strategies to stand out.

2,017

Active Sellers

1

Avg Items per Seller

$53

Avg Revenue per Seller

Seller Revenue Distribution

With the top three sellers accounting for just 3.2% of revenue, Vince offers opportunities for new sellers. The average revenue per seller being $53 means new entrants can make a noticeable impact with strategic selling tactics.

Most Successful Vince Sellers

  1. @nilesy - Monthly Revenue: $1,388
  2. @la_via - Monthly Revenue: $1,149
  3. @nwtbrands2love - Monthly Revenue: $924

Profit Analysis for Vince Resellers

With a typical sale price of $45.86 and a $9.17 platform fee, profit margins hinge significantly on sourcing costs. If purchased for $20, a seller could net around $16.69 profit per item, making savvy sourcing vital.

Quick Profit Calculator

Based on average sale price of $46

Sale Price: $46
Poshmark Fee (20%): -$9
Shipping (paid by buyer): $0
Net Before Cost: $37

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

Should You Resell Vince on Poshmark?

While Vince shows promising sales velocity, its average revenue per seller and competitive landscape make it a challenging but potentially rewarding venture.

Profit Potential: Realistically, if an item is sourced at $15 and sold at $45.86, the net profit would be around $21.69 after platform fees. Sellers should aim for low-cost sourcing to maximize returns.

Risk Factors: Main challenges include a high competition level among sellers, potential authenticity issues with upscale items, and fluctuations in seasonal demand that could affect pricing.

Reseller Rating
👌
Neutral

Quick Tips for Selling Vince

Source inventory at low cost to maximize profit margins.
Differentiate through unique product offerings or competitive pricing.
Capitalize on seasonal trends to adjust inventory and pricing strategies.
Build a strong brand story or theme to attract a loyal customer base.
Leverage social media to increase visibility and reach new customers.

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