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Personalized Party Favors - Monday Market of the Week

Personalized Party Favors - Monday Market of the Week

A personal touch is something that makes everyone smile!  Our niche for this week is all about  that little personal touch that makes everything just a bit more special.

This week we are going to check just how well the market is for personalized party favors with the help of our trusty Research lab.

Just how profitable is a personalized party favor as a niche?

Sell-through Rate: Will you make enough sales?

With a sell through rate of 66.08% we’ve definitely hit our target, looking at this percentage we can say that this a good market to check out.

Remember that you should consider selling products with 50%-60% sell through rate.

Median End Price: Do the number work?

The wholesale prices of personalized party favors vary depending on the type you select, but the cheapest one I saw a personalized cappuccino baby shower favor costs as low as $1.30 each which makes the median rate of $11.04 reasonably profitable.

Total Listings, Total Bids and Total Sellers: Scoping out the competition

Now we know how well you can sell personalized party favors on eBay, we should also check on the market demand and of course the competition!

Based on the data gathered by our Research Lab, you can see that there are 1019 bids for 451 listings by 390 sellers. There is more than twice the number of bids as there are listings.  Good sign? Definitely!

Data Trends: What are other sellers earning?

The Research lab also has graphs to show you the number of items sold, total revenue and average revenue to provide you with a more concrete picture.

As shown in the graph below, last September 29, the total revenue was at it’s highest at $712.40. Although the lowest total revenue is a bit low at $79.76, the graph clearly shows that on most days sellers are indeed making a decent number of sales.

Going beyond eBay: Are web users searching Google for personalized party favors?

With a niche as promising as personalized party favors it is worth the extra research to check just how much traffic we can get outside of eBay. So you can tap and direct traffic towards your store or eBay listing. For easy keyword research, Traffic Travis is my tool of choice. You can download your free SEO software by visiting www.traffictravis.com

With the help of Traffic Travis I am able to illustrate how important it is to select and use the correct keyword or set of keywords, I also searched for personalized party favors and notice the big difference in the search volume! The keyword ‘personalized party favors’ gets over 4,000 more searches than that of ‘personalized party favor’.

What do these numbers mean?

For the month of September, there were 4,400 searches globally and another 3,600 searches in the US which means that there is definitely a demand online for personalized party favors!

While there are a lot of monthly searches for personalized party favors, keep in mind that not everyone who is searching for these are looking to buy. Some searchers are simply looking for ideas or information on party favors.

Trusted Personalized Party Favor Suppliers

Personalized Party Favor Supplier #1

A wholesale supplier of personalized gifts and favors. Payments can be made by credit cards - Visa, MasterCard, American Express, and Discover, as well as debit cards connected with either Visa or MasterCard. Orders shipping to PA are charged 6% sales tax. International orders are accepted. Drop shipping may be available upon request.

View their SaleHoo listing (requires SaleHoo account)

Personalized Party Favor Supplier #2

A leading online baby gift store for personalized and specialty baby gifts. Now offering over 500 products, the store features many keepsakes created by entrepreneurial moms and family owned businesses. They accept MasterCard, Visa, American Express, and Discover credit cards, as well as personal checks and money orders. They offer a drop ship program and charge a small drop ship fee of $2.25 per order. They ship to various international destinations.

View their SaleHoo listing (requires SaleHoo account)

Personalized Party Favor Supplier #3

One of the fastest growing online shopping superstore in today's marketplace. They design and manufacture bags, rubber toys and a huge range of merchandise. Sales tax applies to orders shipped within the state of California. They accept Visa, MasterCard and American Express. They only ship within the United States at this time.

View their SaleHoo listing (requires SaleHoo account)

To access our list of personalized party favor suppliers as well take advantage of SaleHoo’s brand new Research Lab mentioned above then 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.

 

1 Comments Add your comment
It's nice to know that some suppliers of smaller items will do drop shipping. That information is always helpful. Reply
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