Songwriters Analytics
The Songwriters market generates around $29,250 in monthly revenue, with services averaging $64 per order and 454 orders per month. While the market shows modest growth (+0.34% in revenue and +0.43% in sales), it faces intense competition with over 3,120 active sellers competing for business. The high competition score of 91.08 and declining market trend suggest challenging conditions for new entrants. However, the stable average price point of $64 and consistent monthly order volume indicate a reliable customer base. The total historical sales of 105,110 orders demonstrate long-term market sustainability, though the small market share (+0.03%) suggests this remains a niche category. Looking ahead, sellers should expect continued competitive pressure and potentially lower profit margins. The best opportunities likely lie in specialization and premium services, as the market appears to support higher-priced offerings despite competition. New sellers might consider focusing on underserved sub-niches or building strong client relationships to establish a foothold, as the modest growth rates suggest the market is reaching maturity.