Scientific analysis of products before you decides whether to sell or not is an important measure in avoiding risks in business.
This product analysis report on sports water bottle by LeelineSourcing is based on complete research data.
It analyses the selling situation, profit margin, and future development trend of sports water bottle.
It is our hope that you will read this report carefully before planning to sell sport water bottles.
I. Product Introduction
A water bottle is a must-have item in our everyday life. Different types of water bottles have one thing in common. They are used for drinking tea, water or wine. However, different types of water bottles have different functions. People will choose water bottles according to their needs, occasions, and functions. The sports water bottle is easy to carry and has gradually become an indispensable item in people’s lives with huge demand.
II. Sale Situation
1. Search Volume
When we searched for “sports water bottle” using the Keywords tool, we found out that in the past one year, the monthly search volume of sports water bottle was almost over 100,000. In June 2018, the search volume was 88,000. That is the lowest value in the past one year. In July and August 2017, the search volume hit a high average of 197,000 per month. Apparently, sports water bottle has very high attention in Amazon.
2. Sale Volume
When we search for “sports water bottle” on the Amazon and view the sale volume of stores in Amazon’s homepage through the Unicorn Smasher tool, we found that the vast majority of stores on the front page have a quantity sale around 4,000-5,000. This is a turnover of more than $50, 000. Only one store had a quantity of sale less than 4,000 in a month with a monthly turnover of $16,736. Based on these, we can conclude that the quantity of sale and turnover of sports water bottle in Amazon is very high. The water bottle is a product with a huge market.
III. Profitability Analysis
When we click on a sports water bottle store randomly on Amazon, we can see that the price of a regular sports water bottle range from $5.99 to $9.99.
However, when we search the same sports water bottle on the Alibaba website, we found out that their wholesale price range is from $2.3 to $5. This leads us to conclude that the water bottle wholesale price is quite cheap. However, we cannot ignore the transportation costs, packing cost and so on when determining the profit range.
In the same store, when using the Keepa tool to check the price changes, we found out that in the past three months, the prices of sports water bottle in this store are very stable. The price averages in the region of $12.9.
Therefore, we can confidently conclude that if the seller is operating reasonably, controlling costs and selling at a reasonable price, there is still a chance to obtain stable and high profits from selling the sports water bottles.
IV. Development Tendency
1. Search Volume
We then used the Google Trend tool to search for “sports water bottle.” This helps us identify the search volume of sports water bottle in the United States. The data shows that in the past year, the search volume of sports water bottle in Google fluctuated greatly. However, it remained above 25. The highest value reached was 100 in the month of October 2017. Leading areas in the United States with highest water bottle search volume were in the New York which had the highest attention, followed by California and Texas. In general, the sports water bottle has high attention in the United States. We recommend you put more focus on the New York market.
Using the Google AdWords tool to search for “sport water bottle,” we found that the search volume in the past one year was below 4,000 searches per month on Google. There is some little degree of attention in Google but not enough to compare with Amazon. The sport water bottle has a much lower search volume on Google. Therefore, websites that sell sport water bottle independently do not have an advantage over individuals selling through Amazon.
2. Competitive Context
We then use the Keywords tool to see the competitive situation of sport water bottle on Amazon. It can be seen that although the sport water bottle has a very high search volume on Amazon, its CPC is as high as $2.77 per click. This simply means high advertising costs to the sellers. At the same time, the sport water bottle has a competition value of 1 in Amazon (according to the Keywords tool’s table, the product with a competitive value of 0.69-1 is a highly competitive product).
Despite the amazing sells volume of sports water bottle in Amazon and Google, there is great competition. You need to make necessary plans to cope up with the high costs and fierce competition. This of course means controlling the costs of sourcing the product to the United States.
How to effectively control the sourcing costs?
First, you must find a suitable and reliable supplier.
This is where LeelineSourcing comes in with over 10 years of purchasing experience in China. We can find quality suppliers for you and help you negotiate the best prices with suppliers. LeelineSourcing has professionals that can arrange shipment saving you transportation costs. If you still need to take photos, have labeling done and other services, you can also contact our customer service staff at [email protected] or chat with us online. We guarantee you an excellent customer service. (Related article: What are the advantages of working with Leeline sourcig?)
This is an analysis report of the sport water bottle by LeelineSourcing. It is our hope that the information here is helpful in your sport water bottle business and your business is booming over there.
If you have any more questions about FBA, please do get in touch so we can assist you in getting the right information. Leeline sourcing company is involved in different sourcing business that will help your company’s grow, and make your international business better. No matter how big or small your orders are, we will help you source quality and affordable products, and we will ship them directly to you.
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