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Horse Bits

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Weak search conversion (1.1%) — this niche doesn't clear our bar today.

Market size 23Growth 23Conversion 14Competition 58Returns 49Price range 87Avg price 95Brand share 45Review moat 95Quality gap 25

Review moat

Great107.38

avg incumbent reviews — the moat a new listing must climb

Avg price

Incredible$35.40

avg listing price — sweet spot $15–$100

Price range

Great$5.95–$100.85

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

Competition

Good50%

top-5 click share — leaders hold, buyers still browse

Returns

Okay3.1%

return rate — above 5% kills the launch gate

Brand share

Okay78%

top-5 brand share — brands hold most of the demand

Quality gap

Okay4.6★

avg incumbent rating — lower means beatable quality

Market size

Bad$93K

$93K/yr · 239K searches

Growth

Bad-4.5%

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

Conversion

Bad1.1%

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

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