Average
Mid-Priced
Average
Moderate
Recent Direction
Market Shape
Buy Cost Guide
Last 30 Days
Should You Sell Men's Suits & Blazers on Poshmark?
The category has potential but faces challenges with slow sales velocity and moderate competition.
Profit potential: With an average sale price of $61.26, sellers can see decent margins if sourcing costs are kept low, ideally under $30. Net margins could reach around 20-30% per item.
Main risk: Key challenges include high competition and the risk of slow sales. Authenticity and quality of items are crucial, as buyers expect premium products.
Worth Reselling?
How To Sell Men's Suits & Blazers on Poshmark
Poshmark Performance for Men's Suits & Blazers
Last month, Men's Suits & Blazers generated $239,543 in revenue with 3,910 items sold. It ranks #38 out of 101 categories.
Men's Suits & Blazers hold a mid-tier position among categories, indicating a solid niche market. Though not at the top, it shows significant demand with steady sales. This category competes well but has room for growth.
While not among the top performers, this category's revenue is impressive. It shows a stable demand, suggesting potential for growth if trends towards formal wear continue.
Similar Categories
| Rank | Category | Revenue | Items | Avg Price | Sellers | Days to Sell |
|---|---|---|---|---|---|---|
| 35 | Electronics Headphones | $33,665 | 356 | $95 | 236 | 19 |
| 36 | Home Dining | $32,514 | 1,194 | $27 | 939 | 123 |
| 37 | Kids Other | $31,461 | 816 | $39 | 710 | 104 |
| 38 | Kids Bottoms | $25,155 | 1,522 | $17 | 1,193 | 68 |
| 39 | Men's Other | $24,485 | 479 | $51 | 364 | 97 |
| 40 | Electronics Other | $23,322 | 298 | $78 | 257 | 81 |
| 41 | Kids Dresses | $22,950 | 1,082 | $21 | 881 | 124 |
Top Subcategories in Men's Suits & Blazers
| Rank | Subcategory | Revenue | Items Sold | Avg Price | Sellers |
|---|---|---|---|---|---|
| 1 | Sport coats blazers | $12,501 | 205 | $61 | 178 |
Top Brands in Men's Suits & Blazers
| Brand | Estimated Revenue | Brand Analysis |
|---|---|---|
| J. Crew | $13,753 | No internal page yet |
| Suitsupply | $12,776 | No internal page yet |
| Brooks Brothers | $10,309 | No internal page yet |
Men's Suits & Blazers Prices and Sell Speed on Poshmark
The average sale price of $61.26 is significantly higher than the platform average of $24. This suggests a higher-end market segment. Buyers expect quality, with prices typically ranging from $50 to over $100.
With an average of 99.89 days to sell, this category moves slower than the platform average of 84 days. This indicates a longer inventory turnover, which could impact cash flow for sellers.
Compared to nearby categories, Men's Suits & Blazers cater to a niche looking for formal wear. Unlike casual clothing categories, this one demands attention to brand and condition, setting it apart.
Competition for Men's Suits & Blazers on Poshmark
With 2,792 unique sellers, the competition is moderate. Sellers must focus on standing out through quality listings and competitive pricing to attract buyers in this crowded market.
2,792
Active Sellers
1
Avg Items per Seller
$86
Avg Revenue per Seller
Top Sellers
- @cogitoergovendo - Monthly Revenue: $4,665
- @wowniceshirt - Monthly Revenue: $4,164
- @threadandtwill - Monthly Revenue: $3,449