Is 8mm Hex Socket profitable to sell on Amazon United States?

Flapen scores 8mm Hex Socket 41 out of 100 on Amazon United States, a Fail. Shoppers spend $62K a year across 14 tracked products. Amazon counts 0 of the 1 products launched in the last year as successful launches. Search demand grew +16.1% in the last 90 days.

How competitive is the 8mm Hex Socket niche on Amazon United States?

10 brands and 34 sellers compete in 8mm Hex Socket on Amazon United States. The top 5 8mm Hex Socket products take 72% of clicks, and the top 5 brands take 84%.

What do buyers complain about in 8mm Hex Socket?

8mm Hex Socket buyers on Amazon United States complain most about Quality-Overall, Durability, and Size-Overall. Returns run at 2.6% of orders.

What does it cost to enter the 8mm Hex Socket niche?

8mm Hex Socket sells for $12.20 on average on Amazon United States, outside the $15 to $100 sweet spot. Listings run $5.62 to $42.52. The average product has 3,201 reviews, the count a new listing must catch up to.

8mm Hex Socket

Fail

Shoppers spend only $62K a year here, so 8mm Hex Socket is a Fail.

Flapen Score: 41
41 / 100Ranks 7,340 of 9,536 Tools & Home Improvement niches · −7 vs the category median of 48
Market size: $62K/yr40K searches / yr
90-day growth: +16.1%search demand this quarter
Competition: 72%top-5 click share · 10 brands · 34 sellers

Flapen Score

8mm Hex Socket against its category

The dotted line is the Tools & Home Improvement average. Past it, 8mm Hex Socket is stronger. Inside it, weaker.

41Fail

This niche Category average

See the method

Market

The 8mm Hex Socket market on Amazon at a glance

Shoppers on Amazon United States searched for 8mm Hex Socket 40K times last year and spent an estimated $62K. The top 5 brands take 84% of clicks. Flapen scores it 41 out of 100, a Fail.

01 · Demand

12.5% of searches ended in a purchase last week.

Shoppers searched for this 40K times in the last 12 months. That counts every search on Amazon United States for this niche's terms. In the latest week, 12.5% of those searches ended in a purchase. Searches in the last 90 days moved +16.1% against the 90 days before. Searches, conversion and average price together put the market at an estimated $62K a year.

Searches, last 12 months: 40K
Growth, 90 days vs prior 90: +16.1%
Conversion, latest week: 12.5%
Market size, estimated: $62Ka year
Top search term: 8mm hex socket18K searches a year

02 · Price

A sale here is worth $12.20.

Listings sell for $12.20 on average, from $5.62 to $42.52. Amazon reports units sold in ranges. This niche sold 4K to 5K a year. The average listing sells 250 to 500 of them. At $12.20 that is $3K to $6K a year per listing.

Average price: $12.20under the $15 to $100 sweet spot
Price range: $5.62–$42.52
Amazon United States median price: $24.38across 115,062 niches
Units sold a year: 4K–5K
Units per listing a year: 250–500
Revenue per listing a year: $3K–$6K
Returns: 2.6%of orders · Amazon United States median 2.1%

03 · Entry bar

The bar here is reviews.

86% of listings pay for placement with sponsored ads. 100% ship with Prime. On an average day, 0.8% of listings are out of stock. The average listing ranks #48 within Sockets & Socket Sets. It carries 3,201 reviews at 4.69 stars, so a new listing needs social proof before a better product.

Sponsored listings: 86%
Prime listings: 100%
Out of stock, average day: 0.8%
Average rank: #48in Sockets & Socket Sets
Average rating: 4.69 starsAmazon United States average 4.42 stars
Average reviews: 3,201per listing
Listings tracked: 14

04 · Newcomers

Amazon counts 0 of last year's 1 launches as successful.

1 products launched here in the last 12 months. Amazon counts 0 of them as successful launches, new products that hit its first-year sales bar. The brands on the shelf have sold for 62 months on average, so the names here are established.

Launched, last 12 months: 1
Successful launches: 0Amazon's first-year sales bar
Average brand age: 62 months

Products