Market Insights Snapshot
When it comes to the performance of Bobsled Extracts in the state of Oregon, the brand has maintained a strong and consistent presence in the Concentrates category. It held the second position for four consecutive months from August to November 2023, which is a testament to its popularity in this category. On the other hand, the brand's performance in the Tincture & Sublingual category showed slight fluctuations, moving from the 7th position in August to 6th in September, then back to 7th in October and November. It's worth noting that despite these movements, Bobsled Extracts remained within the top 10 brands in this category.
However, the brand's performance in the Vapor Pens category was not as impressive. Bobsled Extracts didn't make it to the top 20 brands in this category in any of the four months, with rankings sliding from the 23rd position in August to 27th in November 2023. This trend indicates a potential area of improvement for the brand. While the brand's sales figures in this category also showed a decline over these months, it's important to remember that this is just one aspect of the brand's overall performance. The consistent high rankings in the Concentrates category and the steady presence in the Tincture & Sublingual category demonstrate the brand's resilience and its ability to cater to diverse consumer preferences.
In the Oregon Concentrates market, Bobsled Extracts has maintained a steady second place rank from August to November 2023, showing consistent performance. However, it's worth noting that their top competitor, Altered Alchemy, has consistently held the first place rank in the same period, indicating a higher sales volume. Another notable competitor, White Label Extracts, has also maintained a steady third place rank, but with a lower sales volume compared to Bobsled Extracts. Interestingly, Buddies, despite fluctuating ranks, has shown a positive trend, moving from 8th place in August to 4th place in November, indicating a potential rise in market share. These dynamics suggest a competitive market with opportunities for Bobsled Extracts to leverage its consistent performance while keeping an eye on emerging competitors.
In November 2023, Bobsled Extracts' top-performing product was the Orange Crush Cured Resin Dab (1g) with sales reaching 2260 units. The second and third best sellers were the Blackberry Cured Resin (1g) and Tigermelon Cured Resin (1g) with sales of 1995 and 1829 units respectively. The Dolato Cured Resin (1g), previously ranked third in September, dropped to the fourth place in November. Lastly, the Amnesia Haze Cured Resin Dab (1g) secured the fifth spot in the ranking. These rankings indicate a strong preference for the Concentrates category among Bobsled Extracts' customers.