$84
910
158 days
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 avgSell Speed
158
days avgDaily Sales Volume
29
per dayCompetitive 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
- @marleneluxbrand - Monthly Revenue: $1,998
- @shop_280 - Monthly Revenue: $1,900
- @finandmo - Monthly Revenue: $1,835
Top Brands in Women's Wallets
- Louis Vuitton ($25,251)
- Gucci ($11,459)
- 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.