Thursday, December 13, 2012

Uggs - Monday Market of the Week

Initially popularized by Australian surfers in the 70’s Ugg boots are more commonly known as uggs. Uggs is a popular term coined to refer to sheepskin boots, made of twin-faced sheepskin with fleece on the inside and with a tanned outer surface. They have gained popularity beyond the surfing world and are now a fashion must-have especially during winter season.

Using the SaleHoo Research Lab, we have come to learn that uggs are a popular niche to explore and invest in. Let’s find out just how popular uggs are.

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

Uggs had a sell-through rate of 64.30% for the month of October which is well beyond our baseline target of at least 50%!  Do you see why it immediately caught my eye when I was doing my searches?

Median End Price: Is there enough room for profit?

Uggs have a median end price of $71.33. A note on median end prices: The median end price on eBay can be ambiguous because it is the end price for all listings of uggs which can include bulk listings that sell two or more pairs of uggs in a single listing. This can skew our data.

How much are uggs actually selling for on eBay? As shown below the average price for a pair of uggs is $127 and the average Buy It Now price is $167.00.

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

As of October, an average of 170 sellers sold or listed uggs on a daily basis which is roughly 5,100 sellers per month. You might immediately think this niche is near saturated but look again – There were 34,619 bids for uggs last month!    

Data Trends: Are sellers hitting their target?

Check out the highest total revenue for October - $18,254.79! Imagine not a day with sales below $5,000.

Doesn’t this give you a positive reassurance that we have indeed found a promising niche?

Going beyond eBay: How popular are Uggs online?

Using our very own free SEO software, Traffic Travis, we can check the traffic ratings for uggs outside eBay. You can download your own copy today by visiting www.traffictravis.com.

What do these numbers mean?

Now this is the traffic we all have been looking for! There are 550,000 searches globally and 368,000 in the US alone! Another keyword you might consider using is ugg boots which also has relatively high search counts. Imagine what proper SEO techniques can do to your online store and eBay listings!

Trusted uggs wholesale suppliers

Uggs supplier #1

A manufacturer of quality sheepskin and leather products. All their products are manufactured in Australia from 1st grade Australian sheepskin and leather. Their products carry their own brand name. Founded in 1979, the company now distributes a large range of quality sheepskin and leather products under their own brand to wholesalers, retailers and individuals worldwide. They are proud to be one of the leading manufacturers of quality genuine Australian made ugg boots. International shipping is available. They accept all major credit cards.

View their SaleHoo listing (requires SaleHoo account)

Uggs supplier #2

Serving major fashion places all over the country, New York, California, Florida, Texas, Georgia, Pennsylvania, North Carolina, Illinois, and New Jersey are just a few of the places they ship thousands of pairs of shoes to. They also operate on a worldwide scale and ship their products to popular destinations, such as Great Britain and the UK, Germany, France, China, Netherlands, and Australia. They accept payments in the form of major credit cards, PayPal, wire transfers, money orders and certified checks.

View their SaleHoo listing (requires SaleHoo account)

To access our list of uggs 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-uggs

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