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Market Research & Decision Making – Lumbar Pillow
Market Place: US
Model: Private Label
Client hand the mind to launch LUMBAR SUPPORT PILLOW FOR CHAIR & see the viability and competition of this product in the market
MAIN POINTS: Product category “Home & Kitchen.” Keyword “lumbar support pillow for chair.” Search Volume “34,358” List of all related keywords
Eight sellers in the top 10 have more than or equal to 2500 reviews. (high competition product)
Product to follow: ASIN: B00D5J7SL2 The main best seller is selling at highest, but the average price is 24 for similar products. Average reviews are higher. So, that is tough to compete.
Suppose now the average price is 24. The proceeding amount to the seller is 12.47$.
The average price of this product is 4$. (it does not include the shipping price ) That product is of high competition, not profit-generating.