Wok
$1,299
Introducing our premium induction wok, a must-have addition to any kitchen. This state-of-the-art wok is designed for efficient and quick heating, allowing you to cook your favorite dishes in no time. With its ergonomic handle, you'll experience a comfortable and secure grip while preparing your meals. The versatile design of this wok makes it perfect for stir-frying, sautéing, and so much more. Not only does it deliver exceptional performance, but its sleek and modern style with custom engraving will also elevate the look of any kitchen. Don't miss out on this stylish and functional wok!
61%
Opportunity Score
An average of all the key measures and so the broad measure of the opportunity potential for a new product
82%
Buyer Demand
Strength of monthly search volume and monthly sales volume for the organic keyword listing selected
79%
Revenue Potential
This metric reviews the revenue that existing listings are generating as well as the potential sales volume
27%
Competition Opp.
Based on the number of strong versus weak competitors appearing, your opportunity at succeeding in the market
Market Data Overview
The wok market is expanding rapidly, driven by the rising popularity of Asian cuisine and the increasing adoption of cooking at home. Consumers are looking for high-quality woks that provide even heat distribution and durability. Traditional woks made of carbon steel are still prevalent, but there is a growing demand for nonstick and stainless-steel options as well.
241,502
Search Volume
Represents the average search volume for keywords relating to the product category. Directly linked to buyer demand.
$70.89
Average Price
Averaged across the top five selling products within the product category
$39,024
Average Revenue
Estimated monthly revenue of the top 50 products within the product category
$30,400
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
$140-$180
Est. Sample Cost
$6,750-$8,250
Est. Tooling Cost
$9.04-$22.60
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
$17006 weeks
Sampling & Tooling
$18507 weeks
Production
$455014-18 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