This week's Monday Market of the Week gives us another reason to celebrate. Latex balloons are standard fare for decorations at just about any special occasion. As such, it shouldn't come as a surprise that it's a niche that can bring you a good return on investment.
Latex balloons come in many colors and shapes. It's no wonder they're common decorations at celebrations for both adults and children. Some even give balloons as part of their gifts to friends and loved ones. They're the perfect addition to make a gift even more cheerful. SaleHoo's Market Research Lab provides us with data that proves these latex balloons are not just something to brighten your day: they can also be a way to brighten your future.
Let's see how the latex balloons market scored on our eBay research:
Skip to supplier details or read on for the full breakdown.
Birthdays, graduation, weddings, and spur-of-the-moment events, what's a party without latex balloons? With a 52 percent success rate, it's definitely a reason for you to celebrate.
There are about 4,544 listings right now for latex balloons. If you take 12,885 total bids for the products (almost three times the number of listings) with a very low competition rating, what do you get? A pretty viable niche to invest in!
Sales peaked last month at 414 items, grossing $2384.34. Still, even the worst day last month isn't much of a party pooper with 221 sales, totaling $1184.81. The potential for this niche to flourish is certainly there!
Traffic Travis helps clarify the potential demand for this niche. Let's use our free SEO software to break down the searches for this market.
The search for "latex balloons" came up a bit short with only 1,900 in the US, but 36,000 globally. However, when you take a look at the related searches, especially for the vague and simplified keyword "balloons," Traffic Travis returns a whooping 165,000 global count! Related keywords like "birthday balloons" also show potential. I am most certain that latex balloons are going to make it onto online buyers' shopping lists, making it a very viable niche.
Latex Balloons Supplier #1
Latex Balloons Supplier #2
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Disclaimer: The information published here is strictly for informational purposes. All above products are only suggestions for items which the author believes may sell well, and this article should be viewed as opinion only. All above products were researched using methods recommended by SaleHoo and found to be potentially profitable for sellers at the time of writing. All sellers are encouraged to conduct their own market and product research.