Tuesday, July 24, 2012

e-Cigarette - Monday Market of the Week

e-cigarettes have become increasingly popular among people who want to quit smoking. These are battery-powered devices which are far less punitive than cold turkey or nicotine patches.

Our SaleHoo Research Lab finally shows promising data for them, too! 

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

For the month of June 2012, e-cigarettes had a sell-through rate of 55.25%, not bad! Let's keep looking at what else the SaleHoo Research Lab has to say about e-cigarettes. 

Median End Price: Is there enough room for profit?

As of last month, e-cigarettes had a median end price of $11.61. Please note that the median end price on eBay can be ambiguous because the median end price is for all listings of e-cigarettes. This can include bulk listings that sell two or more e-cigarettes in a single listing. This can skew data.

So just how much are eBay sellers selling e-cigarettes for? To give us a more accurate idea of how much e-cigarettes are selling for on eBay, we can refer to the Research Lab’s snapshot.  The snapshot below shows that the average price of an e-cigarette is $17.00.

 

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

As of June the total number of bids recorded for e-cigarettes was 1,776 while there are only 362 listings which means there was almost 5 times as many bids as there listings!

You can definitely take this as a good sign to start listing - demand is certainly exceeding supply! 

Data Trends: Are sellers hitting their target?

The highest recorded revenue was $942.35 last June 17th while the lowest recorded revenue was $351.58 which was recorded just the day before.

Based on the graph majority of the sales are well within $500 so sellers are certainly making money selling e-cigarettes.

Going beyond eBay: How popular is an e-Cigarette online?

Using our very own free SEO software, Traffic Travis, I usually perform a quick and easy keyword research to check just how popular our featured niches are. Now let’s take a closer look at how popular e-cigarette are outside of eBay.

You can take Traffic Travis for a spin today by downloading your own copy. Simply visit www.traffictravis.com.

What do these numbers mean?

Our keyword research shows us that there are currently 135,000 searches globally and 60,500 searches in the US for 'e-cigarette'! Optimizing your product listings by using the correct keywords will help you bring potential customers to your online store and/or eBay listings giving you a higher chance to actually land a sale.

Trusted e-Cigarette wholesale suppliers

e-Cigarette supplier #1

One of the pioneers to manufacture and market electronic cigarette products, they accept major international credit cards and PayPal, as well as bank transfers and Western Union. They ship worldwide.  

View their SaleHoo listing (requires SaleHoo account)

e-Cigarette supplier #2

One of the biggest existing wholesale drop ship suppliers of hi-tech gadgets and consumer electronics products from China, they accept credit card payments and bank transfers via PayPal. They can ship worldwide. 

View their SaleHoo listing (requires SaleHoo account)

e-Cigarette supplier #3

They are your one stop cheap electronics store. They accept credit cards, PayPal, and bank transfers as forms of payment. They can ship worldwide.

View their SaleHoo listing (requires SaleHoo account)

To access our list of e-cigarette 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-e-cigarette

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