Sunday, May 27, 2012

Slimming Tea - Monday Market of the Week

With an increase in health consciousness, consumers are trying hard to either lose weight or maintain their weight. Other than a regular exercise routine, food supplements are often taken to keep those unwanted pounds off and one such product is the slimming tea.

Using our SaleHoo Research Lab, let’s check if there is currently a demand for slimming tea online.

Sell-through Rate: Did you really find a hot niche?

I’d say we found a good niche this week, it’s difficult to argue with a 64.77% sell-through rate!

Always check for a product’s sell-through rate before buying a wholesale lot.  Remember one of the key indicators of how well a product will do in the market is its sell-through rate. Try to go for products showing a sell-through rate of at least 50%.

Median End Price: Is there enough room for profit?

I know the median end price for the month of March looks enticing at $8.77, but please note that the median end price on eBay can be ambiguous because the median end price is for all listings which can include bulk listings that sell two or more slimming tea products in a single listing. This definitely skews our data.

To give you a better view of how much slimming teas are selling for on eBay, I have added the snapshot of what the average price and average Buy It Now prices were for the month of March.

Total Listings, Total Bids and Total Sellers: How viable is your market?

Here’s another product that has roughly almost twice as many bids as listings – definitely a good sign that you won’t have too much competition!

Based on the data for the month of March there are 1,969 bids for slimming tea while there are only 877 total listings made by 510 sellers. This looks really promising!

Data Trends: Are sellers hitting their target?

The lowest total revenue recorded for March is $125.41, not bad seeing that our median end price is $8.77, meanwhile the highest total revenue is $545.41.

From the graph above you can easily see that the sales rate is relatively consistent without a day going less than $100.

Going beyond eBay: How popular is slimming tea online?

Let’s check if we have a market outside eBay.  To help us check, we can do a simple keyword search for slimming tea using our very own free SEO software, Traffic Travis.  Try doing your own keyword search today by downloading your own Traffic Travis software. Visit www.traffictravis.com.

What do these numbers mean?

It looks like we do have a promising market beyond eBay, with 6,600 searches globally and at least 1,000 searches within the US.

By using the correct keywords in your listing titles and/or descriptions you can direct potential traffic to your own eBay listings and/or online store.

Trusted slimming tea wholesale suppliers

Slimming tea supplier #1

They offer a growing range of wholesale eco-friendly products and organic foods from quality green manufacturers in the US, Canada, and other parts of the world. In all, over 12,000 organic, natural or eco-friendly products are available for direct wholesale or drop shipping. They accept credit cards (Visa, MasterCard, American Express, Discover), PayPal or 30-day terms for approved accounts.

View their SaleHoo listing (requires SaleHoo account)

Slimming tea supplier #2

Your one-stop shop for natural health products and eco-friendly home products that include a range of the finest quality organic food, natural remedies, nutritional supplements and vitamins, essential oils, aromatherapy products, skincare or natural bath and body products as well as natural cleaners for your home and office. They accept PayPal and credit cards - MasterCard, Visa and Discover as forms of payment. They ship to Canada and the US only at this time.

View their SaleHoo listing (requires SaleHoo account)

Slimming tea supplier #3

Hosting over 20,000 herbal supplements, natural remedies, sports nutrition, organic food and grocery, vitamins, minerals and alternative medicine products so whether you are a small or large retailer, alternative health provider, individual with a broad network of associates or a large distributor, they have a reseller program designed just for you. Anyone can sell their products but they do require that you have the appropriate tax information that your state or local laws require. Wholesale and drop ship options are available at no extra cost. Fully managed drop ship websites are also available for a fee. They accept most major credit cards, wire transfers, money orders and Western Union.

View their SaleHoo listing (requires SaleHoo account)

Slimming tea supplier #4

The world's largest online gourmet coffee and tea company. While they are known for offering the highest quality of coffees, they also offer other items including gourmet teas, gourmet candies, and beverage accessories. They accept major credit cards. They ship to many countries around the world.

View their SaleHoo listing (requires SaleHoo account)

To access our list of slimming tea wholesale suppliers and take advantage of SaleHoo’s Research Lab mentioned above, sign up as a SaleHoo member now. 

Inside you will get access to over 8000 suppliers, comprehensive training to help you find the best products to sell online and access to our members only forum full of tips and secrets from other members (including eBay Powersellers) to help you make money online. Join SaleHoo today

See you next Monday!

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Disclaimer: The information published here is strictly for informational purposes. All above product items are only suggestions for possible products which will sell favorably, and should be used as a guide only. At the time of writing, all above products were researched using methods recommend by SaleHoo and found to be potentially profitable for sellers. All sellers are encouraged to conduct their own market and product research.

Source: http://www.salehoo.com/blog/wholesale-slimming-tea

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