research & opportunity
There are over 130,000 people in Australia searching for a range of aroma products per month on Google.
For more information on the product search volume, please click on the images.
The above search figures are very conservative and do not take into account all related keywords or the search volume from other search engine websites.
Using Google search data if a business was to spend $1350 per month in advertising, this could generate a total revenue opportunity of $29,000 per month.
The more you spend the better your return! If a business was to spend $2700 per month, this could generate a total revenue opportunity of $58,000 per month. These figures are based on an average order value of $100 and Google’s conversation rates*.
The above data is based on advertising with Google Ads, keep in mind these numbers are very conservative and not a reflection on what a business will or won’t earn.
*A google data plan gets 580 conversions for $2700, see above image for your reference.
The AOV (average order value) for a typical online retailer globally is between $80 to $128 according to Statista, a data and statistics portal. While this number will certainly vary among online retailers and industry segments, it can be a benchmark of sorts for at least some small and mid-sized businesses.
eCommerce Statistics for 2022 ✔️
- Growth predictions expect that the Australian ecommerce market will balloon from around $13.9 billion AUD in 2017 to $21.7 billion AUD by the end of 2022.
- Ecommerce is expected to nearly double by 2023 to more than $6.5 billion globally.
- By 2040, around 95% of all purchases are expected to be via eCommerce.
- To keep up with logistic demands, Australia Post is testing parcel delivery via drones to support the development of an experimental package delivery service in the future.
Disclaimer: The potential earnings guide provided on this website is general in nature and does not constitute what the business will earn. Income level achievements are dependent upon the individuals business skills, personal ambition, time, financial commitment, activity and demographic factors & Click Start Digital have no control over what a business will or won’t earn. Click Start Digital provide you with a business idea, shopping cart website & business services to help you launch the new online store.
We have sourced several supplier options for this business.
Suppliers will be finalised when the site is sold as client input is needed.
PLEASE NOTE: This site has DUMMY products (not real products from any supplier) so please ignore the products on this site. The site is not active, so obviously some of the links may not work for social media etc until the site has been purchased & transferred to the new owner.
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OR take advantage of our 1 to 1 assistance and let us help you find all of the suppliers for your new store!