$120
3,426
58 days
0%
How Women's Mini Bags Perform on Poshmark
Women's Mini Bags generated $409,976 in revenue with 3,426 items sold last month, ranking #43 out of 610 categories.
Women's Mini Bags hold a strong position, outperforming many other categories with a high rank of #43. This indicates a healthy demand and solid market share. They are a popular choice among consumers, making them a competitive category on the platform.
While the revenue for Mini Bags is substantial, it trails behind the top categories like women's dresses. However, its strong sales and quicker turnover suggest it’s on a growth trajectory, indicating potential for future expansion.
Price vs Market
300%
of avgSell Speed
58
days avgDaily Sales Volume
111
per dayCompetitive Landscape
| Rank | Category | Revenue | Items | Avg Price | Sellers | Days to Sell |
|---|---|---|---|---|---|---|
| 43 | Women's Mini Bags | $409,976 | 3,426 | $120 | 3,099 | 58 |
| 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 Mini Bags Pricing & Sales Data
The average sale price of $119.67 is significantly above the platform's average of $24, placing this category in the premium segment. Buyers in this market are willing to pay more for quality and unique styles, with typical prices ranging from $100 to $150.
Mini Bags sell faster than the platform average, taking about 58.29 days compared to 84 days. This faster turnover means sellers can expect quicker returns on their inventory, making it an attractive category for resellers.
Compared to neighboring categories, Mini Bags have a higher average sale price and turnover rate. This sets them apart as a lucrative option, especially when compared to slower-moving categories like women's accessories.
Women's Mini Bags Competition on Poshmark
With 3,099 unique sellers, the competition is high, but not overly saturated. Sellers need to distinguish themselves with unique offerings or competitive pricing to succeed in this bustling market.
3,099
Active Sellers
1
Avg Items per Seller
$132
Avg Revenue per Seller
Most Successful Women's Mini Bags Sellers
- @ty0cher - Monthly Revenue: $8,000
- @shannahlane - Monthly Revenue: $6,400
- @fabceziel - Monthly Revenue: $4,800
Top Brands in Women's Mini Bags
- CHANEL ($55,567)
- Louis Vuitton ($41,596)
- Gucci ($31,654)
Should You Resell Women's Mini Bags on Poshmark?
The high average price and faster sell time suggest good profit potential and lower risk compared to other categories.
Profit Potential: With an average sale price of $119.67 and typical sourcing costs around $50-$70, sellers can achieve net margins of 30-40%. This provides a lucrative opportunity for resellers aiming for higher profits.
Risk Factors: Main challenges include high competition and the need for authentic products. Seasonal demand fluctuations and the fast-paced trend cycle can also impact sales.