How well Men's Wallets sell on Poshmark

Discover key insights on men's wallet reselling: revenue, sales trends, and market position for better selling strategies.

Rank #149 in Bags $75,983 Revenue 693 Sellers Neutral👌
Avg Sale Price
$84
Items Sold
910
Days to Sell
158 days
Market Share
0%

How Women's Wallets Perform on Poshmark

Last month, men's wallets generated $75,983 in revenue with 910 items sold, ranking #149 out of 610 categories.

Men's wallets are performing moderately well, sitting in the top quarter of categories. While not leading, they hold a stable position with room for growth among similar categories.

The revenue for men's wallets is respectable but doesn't match top categories. This indicates steady demand yet highlights opportunities to capture more of the market by addressing longer sell times.

Price vs Market

210%

of avg
Sell Speed

158

days avg
Platform avg: 117 days
Daily Sales Volume

29

per day
Category avg: 964

Competitive Landscape

Rank Category Revenue Items Avg Price Sellers Days to Sell
149 Women's Wallets $75,983 910 $84 693 158
1 Women's Shoes $12,948,636 249,046 $52 121,899 71
2 Women's Bags $12,832,520 128,432 $100 66,736 56
3 Women's Dresses $9,346,787 183,642 $51 94,048 90
4 Women's Tops $6,067,577 255,495 $24 105,563 82
5 Women's Jackets & Coats $5,275,807 106,713 $49 64,409 88
6 Women's Pants & Jumpsuits $4,485,454 145,955 $31 72,802 64

Women's Wallets Pricing & Sales Data

With an average sale price of $83.50, men's wallets are in a higher price bracket compared to the platform's $24 average. This positions them as premium items, appealing to buyers looking for quality over budget deals.

Men's wallets take about 158 days to sell, nearly double the platform average of 84 days. This suggests slower inventory turnover, requiring patience from sellers but also indicating a potential for more strategic pricing.

Compared to adjacent categories, men's wallets have a higher price point but slower sales. The uniqueness of the category lies in its premium pricing and the potential for high-margin transactions if marketed well.

Women's Wallets Competition on Poshmark

With 693 sellers, the competition is moderate. Each seller averages around 1.3 sales monthly, pointing to a market where standing out with unique offerings or competitive pricing is crucial.

693

Active Sellers

1

Avg Items per Seller

$110

Avg Revenue per Seller

Most Successful Women's Wallets Sellers

  1. @marleneluxbrand - Monthly Revenue: $1,998
  2. @shop_280 - Monthly Revenue: $1,900
  3. @finandmo - Monthly Revenue: $1,835

Top Brands in Women's Wallets

  1. Louis Vuitton ($25,251)
  2. Gucci ($11,459)
  3. Michael Kors ($7,696)

Should You Resell Women's Wallets on Poshmark?

While revenue is decent, long sell times and moderate competition suggest a balanced opportunity with specific challenges.

Profit Potential: Selling men's wallets can be lucrative if sourced at low costs, around $20-$30, and sold at the average price of $83.50. This yields a net margin of about 60%-70%, making it worthwhile for strategic sellers.

Risk Factors: Key challenges include high competition, long sell periods, and ensuring authenticity to build buyer trust. Seasonal demand fluctuations may also affect sales consistency.

Reseller Rating
👌
Neutral

Quick Tips for Selling Women's Wallets

Source unique or branded wallets to stand out from the competition.
Optimize listings with high-quality images and detailed descriptions to attract buyers.
Experiment with pricing strategies, including limited-time discounts, to speed up sales.
Engage with potential buyers through Poshmark's social features to increase visibility.
Monitor seasonal trends and adjust inventory to match peak buying periods.

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