Sports Water Bottle Analysis: Sports Water Bottle in 2023
Welcome to the ultimate guide for the savvy entrepreneur, where we dive deep into the science of product analysis. Today, we take a close look at the 2018 Product Analysis Report of Sports Water Bottles brought to you by Ningqu. Selling products can be a risky endeavor, and arming yourself with the right information is the first step in mitigating those risks. Join us as we dissect the selling landscape, profit potential, and future trends of sports water bottles. This report isn’t just for the pros; it’s for anyone considering stepping into the sports water bottle market.
I. Product Introduction
Water bottles, a seemingly mundane item, have evolved into a vital part of our daily lives. Whether it’s for sipping tea, hydrating with water, or even enjoying some wine, water bottles have become a versatile companion. Yet, within this seemingly straightforward category lies a variety of bottles, each catering to different needs, occasions, and functions. One such standout is the sports water bottle, renowned for its portability and versatility, making it a must-have in today’s market.
II. Sale Situation
1. Search Volume
Curious about the popularity of sports water bottles? We delved into the data using the Keywords tool, and the results are astonishing. Over the past year, the monthly search volume for “sports water bottle” consistently exceeded 100,000. The lowest point, 88,000 searches, was noted in June 2018, while the peak came in July and August 2017, averaging a whopping 197,000 searches each month. Clearly, sports water bottles enjoy substantial attention on Amazon.
2. Sale Volume
Our exploration didn’t stop at search volume. Using the Unicorn Smasher tool on Amazon’s homepage, we discovered that most top stores clocked in at around 4,000-5,000 units sold per month, translating to revenue exceeding $50,000. Even the lowest-performing store managed to sell around 4,000 units, generating a monthly turnover of $16,736. With these findings, it’s evident that the sports water bottle market is massive, presenting ample opportunities for sellers.
III. Profitability Analysis
With prices varying between $5.99 and $9.99 for a regular sports water bottle on Amazon, it’s tempting to dive headfirst into the market. However, a more thorough investigation reveals that wholesale prices on Alibaba range from $2.3 to $5. These lower wholesale prices are enticing but remember that transportation and packaging costs must be factored in when determining profit margins.
Keepa, a trusty tool, helped us track price changes in a specific store. Over the past three months, the prices of sports water bottles remained stable, hovering around $12.9. This data suggests that as long as sellers manage their operations efficiently and control costs, there’s ample room for consistent and profitable sales in the sports water bottle niche.
IV. Development Tendency
1. Search Volume
Shifting our focus to the United States, we used the Google Trend tool to analyze the search volume for “sports water bottle.” The results showed significant fluctuations over the past year, yet they never dipped below 25. The peak, an impressive 100, occurred in October 2017. The regions with the highest search volumes were New York, followed by California and Texas. Clearly, sports water bottles are highly sought after in the United States.
For a broader perspective, we used the Google AdWords tool to examine “sport water bottle” searches. While the numbers were below 4,000 searches per month on Google, it’s essential to note that Google interest in sport water bottles is considerably lower compared to Amazon. Independent websites may struggle to compete with Amazon in this niche.
2. Competitive Context
We didn’t stop there; we also delved into the competitive landscape using the Keywords tool. Despite the robust search volume on Amazon, the cost per click (CPC) for sports water bottle keywords was surprisingly high at $2.77. This translates to substantial advertising costs for sellers. Additionally, the competitive value for the product was pegged at 1, indicating it’s a highly competitive market.
In summary, the sports water bottle market may have robust sales and demand, but it also comes with intense competition and high advertising expenses. To thrive, you’ll need a solid strategy to manage costs effectively.
How to effectively control the sourcing costs?
So, how can you effectively manage the sourcing costs in this competitive market?
First and foremost, you need a trustworthy supplier. This is where Ningqu comes into play, with over a decade of experience in purchasing from China. We have the expertise to connect you with quality suppliers and negotiate the best prices. Our professionals can also assist in arranging cost-effective shipments, saving you on transportation costs. If you require additional services like photography and labeling, our customer service team is just a message away. We’re committed to offering you an excellent experience as you navigate the sports water bottle business.
In conclusion, this comprehensive analysis report on sports water bottles by Ningqu is your compass in the dynamic world of e-commerce. We hope this information aids you in making informed decisions for your business’s prosperity. If you have any further questions or need assistance with your FBA journey, please reach out to us. At Ningqu, we’re dedicated to helping your business grow and succeed. Whether you’re a small startup or a major player, we’ve got your back.
