According to the Entertainment Software Association (ESA), more and more Americans are playing video games, so I figured the video game industry is certainly a gold mine for profitable niches. After running a few product keywords in our very own Market Research Labs I found one that seemed quite popular: the Xbox 360. Why is it so popular? From the many reviews I went through, these are the top three reasons: fantastic graphics, comfortable controllers that fit right into your hands, and great games, such as the Halo franchise.
Can't wait to get started listing Xbox 360 consoles and all the goodies to go with them? Here’s a quick snapshot of the important stats you need to know before taking the plunge:
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One key indicator that we have a great niche in our hands is the success rate: it should not be lower than 50 percent. A 55 percent success rate definitely means we have found a product worth investigating further.
There are many different kinds of Xbox 360 products in demand, so you have a huge market to explore!
Even with a huge market, the Xbox 360 manages to snag a LOW competition rating. But if you take a closer look you’ll understand why: more than a million bids on only 367,927 listings. These numbers have me itching to get started, and they should do the same for you!
If you need a little more convincing that this week’s featured niche has a viable market, check out the graph above and do take note of the numbers. Sales for Xbox 360 products peaked at 18,908 in a single day, with a minimum of 6,734.
Should you go with the flow and list these in your own online stores? If you’re still having doubts, I know some quick keyword research with Traffic Travis, our free SEO software, will certainly clear up your doubts.
There are currently 1.5 million searches globally and 368,000 searches locally for the Xbox 360. These results are very encouraging indeed. Not all of these searches will convert into a sale, but the potential of this market is staring you right in the eye!
Xbox 360 Supplier #1
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Xbox 360 Supplier #2
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Xbox 360 Supplier #3
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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.
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