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29

the ordinary serum foundation

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Soft demand (-37.2% this quarter) — this niche doesn't clear our bar today.

Market size 9Growth 6Conversion 12Competition 24Returns 100Price range 8Avg price 25Brand share 21Review moat 18Quality gap 68

Returns

Incredible0.1%

return rate — above 5% kills the launch gate

Quality gap

Good4.3★

avg incumbent rating — lower means beatable quality

Avg price

Okay$8.96

avg listing price — sweet spot $15–$100

Competition

Bad71%

top-5 click share — a locked-up shelf

Brand share

Bad92%

top-5 brand share — brand-locked demand

Review moat

Bad16,225.64

avg incumbent reviews — the moat a new listing must climb

Conversion

Bad0.9%

search→purchase rate — share of searches ending in a sale

Market size

Bad$34K

$34K/yr · 405K searches

Price range

Bad$5.34–$15.89

cheapest to priciest tracked listing — scored on the share inside $15–$100

Growth

Bad-37.2%

90-day search growth — must beat 0% to launch

Search terms