Backpack
$999
Introducing our new backpack that combines style, comfort, and versatility. With its ergonomic design and padded straps, it offers a comfortable fit, perfect for long periods of wear. This sleek and stylish backpack is not only a fashion accessory but also a practical choice for any occasion, be it athletic or casual. It's the ideal companion for work, travel, or fitness, allowing you to stay organized and stylish wherever you go. Embrace an active lifestyle with this reliable and versatile backpack that will meet your everyday needs.
57%
Opportunity Score
An average of all the key measures and so the broad measure of the opportunity potential for a new product
98%
Buyer Demand
Strength of monthly search volume and monthly sales volume for the organic keyword listing selected
100%
Revenue Potential
This metric reviews the revenue that existing listings are generating as well as the potential sales volume
13%
Competition Opp.
Based on the number of strong versus weak competitors appearing, your opportunity at succeeding in the market
Market Data Overview
The backpack market has experienced steady growth in recent years due to the increasing trend of travel, outdoor activities, and work-life balance. Consumers are seeking backpacks that offer durability, organization, and comfort. The demand for different types of backpacks, such as hiking, laptop, and travel backpacks, has also contributed to the growth of the market. Key players in the industry are continuously innovating to meet the evolving needs of consumers.
668,929
Search Volume
Represents the average search volume for keywords relating to the product category. Directly linked to buyer demand.
$32.86
Average Price
Averaged across the top five selling products within the product category
$104,144
Average Revenue
Estimated monthly revenue of the top 50 products within the product category
$78,100
Launch Budget
Total estimated investment for three months of inventory stocked in a warehouse ready for launch
Estimated Factory Costs
These are the estimated costs of developing your product with a factory and what you should expect to pay for samples and expect to pay for units in production
$110-$150
Est. Sample Cost
$7.75-$19.38
Est. Unit Cost
Development/Service Costs
These are estimated totals for each key development milestone towards getting your concept into production supported by a team of experts in the Region of your choice, dealing with Factories directly, representing you.
$10003 weeks
Sourcing
$15004 weeks
Sampling & Tooling
$15005 weeks
Production
$400010-14 Weeks
Total Estimates
Design Features Overview
Additional technical specifications and detailed feature
sets are provided in your design pack on purchase.
What you Receive with your Concept
What happens Next
Additional Information
I have a question concerning this product concept