$69
13,667
35 days
1%
How Women's Wallets Perform on Poshmark
In the last month, women's wallets generated $948,022 in revenue with 13,667 items sold, ranking #19 out of 610 categories.
Women's wallets hold a strong position in the top 20 categories, showing significant market share and interest. With over 8,000 sellers, this category is both popular and competitive, providing ample opportunity for new sellers to enter the market.
While not the top category, women's wallets generate substantial revenue, indicating strong consumer interest. This suggests room for growth and potential for increased market share with strategic selling.
Price vs Market
173%
of avgSell Speed
35
days avgDaily Sales Volume
441
per dayCompetitive Landscape
| Rank | Category | Revenue | Items | Avg Price | Sellers | Days to Sell |
|---|---|---|---|---|---|---|
| 19 | Women's Wallets | $948,022 | 13,667 | $69 | 8,468 | 35 |
| 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
The average sale price for women's wallets is $69.37, significantly higher than the platform's average of $24. This places them in a premium price tier, indicating a market for higher-end or designer wallets.
Women's wallets sell faster than average, at 34.78 days compared to the platform's 84 days. This quick turnover means sellers can expect faster inventory movement and less capital tied up in unsold goods.
Compared to nearby categories like women's handbags, wallets offer a quicker sales cycle and higher average price. This makes wallets an attractive category for sellers looking for faster returns and potentially higher profits.
Women's Wallets Competition on Poshmark
With 8,468 unique sellers, the competition is fierce. However, the high number of sales suggests there's enough demand to support new entrants. Success depends on competitive pricing and unique offerings.
8,468
Active Sellers
2
Avg Items per Seller
$112
Avg Revenue per Seller
Most Successful Women's Wallets Sellers
- @luxurymagnet - Monthly Revenue: $10,420
- @gmaslvs - Monthly Revenue: $6,490
- @bill_rose29 - Monthly Revenue: $6,086
Top Brands in Women's Wallets
- Louis Vuitton ($166,006)
- Gucci ($96,391)
- CHANEL ($92,513)
Should You Resell Women's Wallets on Poshmark?
The combination of high average prices and fast sales makes women's wallets a promising category for sellers.
Profit Potential: With average prices at $69.37, and sourcing costs around $20-$30 for quality items, sellers can expect decent margins. Potential profits per wallet could be $20-$30 after fees and costs.
Risk Factors: Main challenges include high competition and the need for authenticity in branded items. Sellers must also watch for seasonal demand fluctuations.