Investing in dropshipping can only pay off when you’re well aware of the products to choose for dropshipping. Make good market analysis to know what products can sell easily.
Dropshipping is one of the businesses that is anticipated to grow manifolds. The e-commerce market is growing rapidly. It is becoming important for online businesses to know which products to sell.
This will make it easier for businesses to keep themselves different from their competitors in the market. This article will illustrate the top products to choose for dropshipping.
Finding a supplier for your dropshipping business is essential. Since you’ll be getting all the products from the suppliers, you should want to have everything in the best state.
That is why your supplier should be efficient enough to manufacture products or supply products without any defects. Here are some of the best dropshipping wholesale suppliers:
AliExpress is one of the best dropshipping wholesale suppliers in the market. It connects millions of suppliers and wholesalers on one platform.
Moreover, it has millions of products with 40 niches to explore. There are several categories, including apparel, electronics, etc.
LeelineSourcing is another platform that is making its way in the domain. It offers a wide variety of services apart from its dropshipping domain.
From finding suppliers to inspecting products, it provides complete dropshipping services to buyers and suppliers.
Another name that falls under this category is the Worldwide Brands. It holds a comprehensive directory of numerous suppliers and dropshippers.
Bulk distributors can get in contact with buyers easily. Moreover, they keep on updating their product lists according to the change in the niche and market demand. Access to the directory costs $249 one time.
Like above, Wholesale Central also has a directory of wholesalers and dropshippers. However, access to the directory is free.
Another intriguing element about the platform is that it has categorized its niches according to product types. Different niches have different products that can easily be accessed through a categorical search.
National dropshippers has over 250,000 products with prices 50% below MSRP. They have a wide variety of products, categorized to make searching easier for the customers.
From pocketknives to gloves, they offer a wide range of products. The service cost to access is $19.99. Their dropshipping service cost is $2.49 per order.
Suggested reading:Best 10 China Wholesale Websites – Buy Wholesale From China
You need to know the factors that can enhance the dropshipping of your products. There are certain elements that enhance these chances:
Impulse buying is the feeling or the sensation that makes one buy a product without prior thinking. The “impulse” or sensation is created with the appeal of the product.
The better the appeal, the more are the chances that it will create an impulse in the viewer to buy the product. This is one of the primary means of marketing, which enhances the customer’s perception regarding the buying of the product.
Another thing is the buying power of the customers. Buying power is also an important factor since it’s the buying power that enables customers to buy anything.
The greater the buying power, the more effective will be the buying impulse. Since the customers won’t have any issue with buying, they can buy any product that they’ll find attractive.
Lastly, focusing on trendy products will help you maintain a solid demand. People tend to buy things that make them connected with the world.
That is why your business needs to focus on the products that can help you get effective customer count.
No matter what you try to focus on, you need to know what kind of products you can choose for your dropshipping business.
Here are some of the products that you can include for sales. These products have a high demand and most likely give profit margins too:
One of the most demanded products for dropshipping. Most people are busy using their cell phones all day. Looking at your phone while bending your neck or using your hands to watch something is a tiring task.
That is what has enriched the demand for neck phone holders. It keeps your phone in one position and keeps it hanging even if you do your chores.
So far, none of the users has complained about any side effects. It shows that the design is quite ergonomic as said by its sellers.
Who doesn’t want to make their skin glowing and refreshing? That is why the mineral rich magnetic facemask is quite in a demand. It has been trending due to the magnetic features of the minerals in the mask.
These minerals allow slowing down aging while cleansing the skin.
The results are quite promising, which is why it is quite popular among women across the world. If you’re a dropshipper, then this product should be in your inventory.
Pet hair shedding is one of the major issues for all pet owners. However, this doesn’t stop you from having one.
Deshedding pet gloves is another product that you should have in your inventory. Since pet hairs are everywhere, these gloves make it easier for you to clean them. You can also wear them while giving your pet a bath. They cost around $1-$5.
Workplace stress is common. You come across several tasks with sharp deadlines that make you want to punch someone. But why punch someone when there’s a product that you can take out your frustration on?
The desktop punching bag is quite high in demand right now as many people are experiencing workplace stress. If you’re a dropshipper, then putting this product in your selling list is a must. Moreover, this market for this product has seen quite a spike from the past year. Hence having it will bring greater margins for profit. It costs $13-$20.
Gone are the days when you would need to carry around your phone charger. When you would lose your control when the cable won’t work or something would happen to your phone. With wireless charging, all such hassle is gone.
Everyone that is in the dropshipping business is selling wireless chargers. This has created stuffiness in the niche. However, if you can sell quality-made wireless chargers, you might be able to get an edge on the profits. These cost around $10-$15, and you can sell them for hundreds in the market.
Speaking of those that still want to hang around with cables, the magnetic charging cable is the product to offer them. It is another product that can prove quite beneficial for your dropshipping business.
Users with cellphones that have USB, C, D, or thunderbolt types can benefit from this product easily. It’s quite popular among the customers and costs around, $8-$15. It has shown an upward going graph on Google trends, which shows that the investment would not go in vain.
Posture problems have increased with the increase in people working constantly. People are keen on investing in their health with rising issues. Posture correction belts are one of such health products.
Not only does it help improve your profit margins for the business but also helping your customers get better is something that will attract them for the future. You’re more likely to get a returning customer if you provide them with a value for their money. These will cost you around $12 and you can easily sell them for increased margins.
One of the biggest fears of owning a cellphone is getting it damaged. Some damages can be repaired.
However, getting it drenched in water is something that can cost you a lot. That is why buying a waterproof floating phone and tablet cases is a favorable option.
These cases are designed in a way that they’ll not let your phone drown in a puddle or a swimming pool. The case will float on the surface, saving your phone from getting wet.
You can find these for $3 and easily sell them for above $10. One thing to note that these cases are more likely to sell during summers. As people will be visiting pools and beaches, it’ll be easier to promote the products since everyone would want to save them while having a dip.
Who doesn’t love the moon? Most lovers often claim to love someone to the moon and back. So why not give your loved ones a moon lamp? A Moon lamp is surely something that you would want to add to your collection.
The sales for the product rose high in the holiday season last year, which shows that it has quite a repute in the market. The product will cost you around $10-$25 and you can easily sell it for $30 above.
When all you need to do is to promote your product for sales, then this is the one to include in your selling list. Mirror alarm clocks are a fancy addition in the collection of your customers.
You can buy this for $8-$12 and easily sell it for above $20. The sales aren’t impacted by the change in the season so it’ll be no problem attracting the customers.
Going out on a picnic or the beach? Why not carry a mini air cooler? Your primary customers will be the ones that are living in warm areas. The portable mini air cooler comes with great profit margins.
You can buy this up to $30 and sell it over $50 easily. Customers that are going out in summers are most likely to buy this product. You will be able to sell it like hot cakes in summers.
Who would want to have their Jordans spoiled? For protecting them, you can have the waterproof shoe protector that will protect your shoes from spills, mud, etc.
Adding these to your dropshipping inventory will most likely bring you quite a profit. You can buy these at $15 and sell them over $15 through your dropshipping.
Not only this but these waterproof shoe protectors will be famous in damp areas. Areas that experience rain and dampness will most likely bring you a high customer rate.
Numerous accidents are caused due to using a cellphone while driving. That is why using a car phone holder is something you would surely focus on. Car phone holders have high demand, especially from taxi services such as Uber.
You can buy these under $10 and sell them for over $15 easily. These also come in multiple designs and shape that you can easily add to your dropshipping inventory. The product has increased in sales, and you are most likely to get effective profit margins.
An oddly shaped product that is another addition to your inventory. It comes with a comb that massages the scalp for a relaxing shower. The product has recently broken records for sales, and the graph illustrates that its sales haven’t gone down.
You can buy it for $3 or more, and easily sell it for $10. You don’t need to attract users since it can be used by anyone.
If you need to clean your car, you would love to have a portable USB electric vacuum cleaner with you. This product is simple and attractive due to its functionality. The addition of the USB plug is what makes it quite attractive.
You can easily find it for $10-$20 and sell it for over $30. Car enthusiasts are most likely to buy this product since they would want to keep their car clean all the time.
You can search to find the best dropshipping products online. However, it is necessary that you know how to locate a product that is going to sell like hotcakes. This is important since it will make it easier for you to find trendy products in no time.
It will also decrease the amount of time needed to update your inventory. Since there are several other dropshippers in the market, you’d need to increase your pace to meet the demands of the customers.
Here are some ways that you can find the best dropshipping products online for your business:
The first place to check is your niche. Before you even start your dropshipping business, you need to clearly define your niche that you’ll be selling products for.
Choosing a niche for your business is important since your entire focus will help promote your brand in the market.
Moreover, it will also help your business to gain successive products in the chosen niche. When diving into the market, your products are the primary elements that the customers will be attracted to.
If you’re working in the electronics domain, the customers will need everything related to electronics. You cannot sell apparel in your product list.
That is why niche products are the ones to focus upon when you need to find the best items to dropship. These items will not only improve your current sales but will also help you to gain success in your niche.
Another place to find the most profitable dropshipping products is the trend in the market. The trend is something that is continuously changing and updating. You will find one thing trending in the market at one time, and then there’s another product that will enter the market by evening.
That is why focusing on the current trends and anticipating what can come next is very important for the business.
You can use the Google trend graph to see how well the market for a certain product is going and what are the profit margins for the product. In this way, you can get an idea of which product is more likely to stay in the market for a long time.
Moreover, you can also communicate with your customers to ask what product they want. This will give you an idea of what the customer segment is attracted to, and you can easily find the product.
Suggested reading:What To Sell Online: Top 20 Trending Products For 2020
Another way to find the most competitive niche products is by doing a price comparison. As highlighted earlier, your customers are attracted to the product due to the combination of buying impulse and buying power.
If the product creates an impulse and if the customer has the buying power, they are most likely to buy the product.
However, the price should not be high that it would repel the customers. That is why you need to assess the prices for the products you’ve chosen for dropshipping.
Price comparison is a great way to know the margin at which the customers are willing to buy the product. Once you’ve chosen a product to sell, you can visit other platforms to see the price at which they are selling the product.
You can also check the customer review section to see whether the product is acceptable at the same price or not.
In case you’re aiming to attract customers from other dropshippers, you can easily do this by lowering the price at which you’ll sell.
You can evaluate the profit margins and if there are significant opportunities, you can lower the price. This will not only attract customers from other sites but also help increase the profit with increased sales even with a lowered price.
Another method that you can choose to find the best dropshipping product is by doing a supplier assessment. It is necessary since you will be buying goods from suppliers.
Your suppliers should be efficient enough to provide quality products that can be sold easily. Moreover, you’d need a competitive assessment of the suppliers too.
Many manufacturers and suppliers have a set minimum order quantity MOQ that the customers should order. However, most suppliers are already in contact with many buyers, which makes it tough for finding a reliable supplier.
Your supplier assessment will show which suppliers are working competitively. It will also illustrate the products that most of the suppliers are selling in the market as well as the price range.
Moreover, it will also help you find the best supplier according to your niche, making it easier to get your desired products in no time.
Suppliers working in a domain are well aware of the products that are trending in the market. They know what the customers are demanding and what can be the demand in the upcoming market.
They know this because they have to keep updating their supply so that buyers can be attracted. Like dropshippers, they need to stay up to date with the demands in the market to keep their inventory updated. That is why making a reliable supplier assessment is a good way to know about the best dropshipping products to sell at a time.
Another important element for your dropshipping business is the audience that you will be selling to.
Your customer segment is an important factor for your dropshipping business. Customer metrics, buying power, behavior, etc. are important determinants for the products you’ll be selling on your profile.
That is why you must assess the customer segment you want to sell your products to. Moreover, this will also help you determine the trending products that are currently being sold in your chosen market.
Communicating with your audience is a great way to know what products are selling in the domain.
Moreover, you’ll also get to know the impulse creating actions and products that are most likely to increase your sales. This will help orient your current dropshipping processes in a way that will help promote the products in the customers.
Asking for suggestions and making customer analysis is an important element to determine trending products in 2020.
One of the many questions that numerous people are asking around is whether dropshipping is still profitable or not? To answer it quickly, yes! It is still profitable in 2020 and most likely to thrive in the upcoming years too.
The graph of Google trends has shown a continuous increase in the use of dropshipping. The past five year data shows that many sellers have invested in dropshipping due to the increased profit margins.
Another reason is that it has made it easier for businesses to focus on the cores of their business without having to worry about the inventory.
It has helped to reduce the need for additional resources to manage inventories. That is why investing in a dropshipping business is quite profitable.
You can find numerous products depending upon the niche that you’re investing in. You can find these at low prices and still sell them for higher profit margins.
Lowering the prices to gain customers is also possible since the profit margins are enough to take risks.
Many people are now investing in dropshipping, which has made it difficult to proceed smoothly in the industry.
That is why; innovation is needed to proceed in the domain. Few elements that you need to watch out during dropshipping are:
These primary factors lessen your profit margins in the business. However, if you keep a keen eye on these factors, your dropshipping business can most likely thrive in no time.
Everyone wants to invest in the dropshipping business. However, only some are able to figure out the exact point to begin. Here are some tips that can help you begin your dropshipping business:
As highlighted earlier, niche selection is very important. Your niche determines the products and the market that you would be diving into. If you know that there aren’t enough profit margins with low investment, you should avoid getting into the niche.
Your shipping costs are the major competitors. If you want to reap profits after subtracting your shipping costs, then you should invest in the niche that has significant options for margins. Promote your brand, sell value, and, your customers will be diving for your product.
Making research on what your competitors are selling is important in dropshipping. It makes you aware of the price that they’re selling and the current trends that are being followed in the market.
Moreover, it also helps you determine the competition rate in the market. The greater the competition rate the greater will be the demand for innovation. Hence, it will ask for more investment. That is why dive into the market that has low competition and that can promise.
In addition, you will also know regarding the prices that the competitors have set for their products. If there are enough margins for profit, you can sell the products at lower costs to attract customers.
Securing your supplier is important. As said, several competitors are already in contact with numerous suppliers. You don’t want your products to match your competitors. That is why find the suppliers that will produce quality products only for your demand.
Acquiring your customers is important, and it can be done by offering them value for the products you’re offering. Your promotional campaigns, pricing, etc. should be included in your customer acquisition plan. It will help ease your proceedings with your customers. Communication should be seamless so that any queries from the customer’s side can be entertained.
It’s not just entering the market that will help boost your dropshipping business. You need to constantly analyze and optimize your business so that it can help promote effectiveness. Assessment will help boost the metrics that are necessary for successful proceeding.
Here are some FAQs that might answer your queries:
Products that are handy and provide utility for daily chores are the best to choose for dropshipping in 2020. These products can be neck phone and car phone holder, posture corrector, Aluma wallet, portable mini cooler, etc.
Suggested reading:Dropshipping In 2020: How to Start a Dropshipping Business
You should avoid selling products that will wear out before reaching your customers. These products can be security cameras, cell phones, razors, batteries, etc. The reason is that the customers will not be sure whether the product is working or not. In case it isn’t working, the customers are most likely to lose interest in your brand. Ultimately it will lead to loss of your profile in the market, which will affect your business.
There are several places that you can get your dropshipping products from. For starters, wholesalers such as AliExpress, Alibaba, etc. are a good option, to begin with. These platforms are connected with numerous suppliers, which makes it easier for you to find a reliable one. Moreover, you can even get a competitor analysis of the businesses currently importing from them. Apart from that, platforms such as LeelineSourcing is a third party option that helps locate reliable suppliers for your needs.
You can visit AliExpress or similar sites to locate suppliers. Find the ones that have a good rating and profile. It will help avoid scams or getting poor quality products.
Suggested reading:AliExpress Dropshipping Guide
Invisible dropshipping is selling your customer to another party and taking a commission from them for that customer. It happens when you’re not available for your dropshipping and refers the client to another dropshipper. The other dropshipper then sells the products while giving commission for the customer you sent.
LeelineSourcing is a third party platform that will help you find the best dropshipping products for your business. The company has been working in the domain for the past many years. It offers a diverse range of services that can help improve your dropshipping business.
Moreover, they also help offer insights on the procedures that can help improve your dropshipping. These insights help improve and optimize your dropshipping business. You can count on their services for progressive business.
Investing in dropshipping is profitable.
You need to find reliable products for dropshipping as well as find reliable suppliers. Make a competitive analysis of your niche and competitors to gain an advantage in the domain.