The Outdoor Nest

research & opportunity

There are over 1.9million people in the US searching Google every month for a range of outdoor furniture products.

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 $2500 per month in advertising, this could generate a total revenue opportunity of $58,000 per month.  Or $1250 ad spend = $29,000 per month in revenue.

The more you spend the better your return! If a business was to spend $250,000 per month, this could generate a total revenue opportunity of $580,000 per month.  These figures are based on an average order value** of $100 and Google’s conversations rates*.

The above data is based on advertising with Google Ads, we don’t always recommend Google Ads due to the high cost, so you could get better conversions at a lower cost advertising on alternative platforms.

*A google data plan gets 5800 conversions for a $250,000 spend, 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 2020 ✔️ 

• 93.5% of global internet users have purchased products online.
• By 2040, around 95% of all purchases are expected to be via eCommerce.
• The eCommerce industry is growing 23% year-over-year, yet 46% of small businesses still don’t have a website.

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.

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