Home eCommerce Blog Cordless Drill - Monday Market of the Week

Cordless Drill - Monday Market of the Week

Affordable and handy tools have greatly transformed DIY projects from a timely process into something that can be done with a flick of a switch. A handy tool that can help you drill holes instantly for your screws and hooks is the cordless drill.

But is this do-it-yourself tool a profitable niche? Let’s check the data from our very own SaleHoo Research Lab.

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

For the month of December, the cordless drill has a sell-through rate of 51.46% which means we are within our target sell-through rate which is not lower than 50%.

Median End Price: Is there enough room for profit?

The median end price of a cordless drill $61.89. I found various cordless drills from our featured suppliers which costs as low as $16! Remember that we are featuring unbranded cordless drills and not the more expensive branded units.

The median end price of a cordless drill on eBay can be ambiguous because the median end price is for all listings of cordless drills which can include bulk listings that sell two or more units of cordless drills in a single listing. Plus there are various kinds and sets so these factors can skew our data.

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

It may seem like a highly saturated niche when you see that there were 13,460 listings on eBay, but seeing that there were 46,235 bids placed certainly convinced me that there is a potential market for cordless drills!

Data Trends: Are sellers hitting their target?

Look at the highest recorded total revenue for December - $32,184.04! If you’re looking for a profitable niche the cordless drill is definitely a product to consider.

Going beyond eBay: How popular is the cordless drill online?

Can you sell these outside eBay? Let’s check using our very own free SEO software, Traffic Travis. Download your own copy by visiting www.traffictravis.com.

What do these numbers mean?

Traffic Travis shows us that there are 9,900 searches made globally and 5,400 searches made in the US, clearly showing people are searching for cordless drills online even outside eBay. This is the potential traffic you can direct to your online store and eBay listings.

Trusted cordless drill suppliers

Cordless drill supplier #1

A direct wholesaler and distributor of a wide range and variety of tools that include woodworking tools, contractors’ tools, power tools, hand tools, automotive tools, electric tools, air tools, cordless tools, plumbing tools, garden tools, and more. They accept Visa, MasterCard, and American Express credit/debit card as well as PayPal as forms of payment. Sales tax applies to orders shipped within the state of California. They can ship worldwide. They offer drop shipping services, as well as website packages pre-filled with products (for a fee).

View their SaleHoo listing (requires SaleHoo account)

Cordless drill supplier #2

They are a leading and professional supplier of electric and pneumatic tools in the eastern Ontario region. They accept major credit cards (Visa, MasterCard, and American Express) and PayPal, as well as certified cheques and money orders as forms of payment. They ship worldwide.

View their SaleHoo listing (requires SaleHoo account)

Cordless drill supplier #3

A drop ship supplier of a vast range of wholesale tools and accessories, they accept major credit/debit cards - Visa™, MasterCard™, Discover™ or American Express™, and PayPal as forms of payment. Currently, they only ship to the lower 48 states and Canada.

View their SaleHoo listing (requires SaleHoo account)

To access our list of cordless drill 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!

-------------------------------------------

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.

Wait! Want Some FREE Supplier Details?

Discover four of the most profitable niches on eBay and get details for the best suppliers for these niches. Enter your details below and we will send them instantly.

Thanks! Please check your email inbox.

Your list of profitable markets and supplier details are on their way to your email inbox.
Be sure to add support@salehoo.com to your safelist to ensure we can deliver the free suppliers details to you.

If you haven't received an email from us in 5 minutes, please check your spam folder or email us at support@salehoo.com.

4 Comments Add your comment
with this blogs it's not helping me to find a niche that i can use to start up a buisness.. i could use help with ideas before i am willing to commit ..any product ideas i can have delivered to my home and ship from here?? Reply
You can not use December data alone to come up to a conclusion you are making. You need to trend data over a period of time to determine if there is a potential to capitalize on the product. cordless drills happen to be one of the top 25 "guy gifts" for xmas, so the volume of selelrs and buyers and, ultimately prices paid are highly inflated for virtually every popular gift product on ebay sold in the months of October-December. Reply
Full Member
After reviewing there catalog, there is no room for profit on 85% of the products carried. Reply
Site Admin
Hello everyone, @Scott: We're sorry you felt the product being featured did not suit your liking as to the type of products you would want to sell. We have featured various other products in the previous Mondays just to give you an idea of what you can possibly sell. Finding a product with a high profit margin usually means finding a niche market. Here are some products we have found to have good profit margins: Clothing, Skin care (e.g. anti-ageing & acne treatment), Vacation-related items (swimsuits, crocs, sunblock), Homewares (towels, sheets), Accessories for electronics, Crafts & hobby items Hope this helps! @Donny: Thanks for pointing that out :) But as mentioned in our disclaimer is this for research/information purposes only. We encourage our members and subscribers to always do their own research. Please note that our Monday Market Blogs should only be taken as suggestions for possible products which will sell favorably, and should be used as a guide only. @camerman904: We're sorry to hear that you feel that way. Please note that we do not carry a catalog rather we have a directory of over 8,000 suppliers. If you need help in finding a product/supplier please feel free to contact us at support@salehoo.com Cheers :) Reply
Already a member? Login to comment
Go Back