Products are critical to your success in dropshipping, and finding the best dropshipping products is one of the most important steps you’ll take.
If you’ve chosen a niche for your store, it’s important to know what to look for in products so you can fill out your catalog with best sellers. If you’re planning to choose a niche based on what sells easiest, you’ll want to know what’s important to look for in dropshipping products so you can evaluate specific niches to see how they fare.
To put it simply: you need to know what kind of products to sell so that you can set yourself up for success with dropshipping.
Returns can be a major problem for dropshippers. If you are working on thin margins and your products are constantly being sent back, you’re not making the most of your sales. Returns can be costly, time-consuming, and hurt your relationship with customers.
To avoid the trouble that comes with returns, your dropshipping store should focus on selling “one-size-fits-all” products. Clothing, shoes, jewelry and products that come in various sizes may not fit them correctly, which means a lost sale for you (plus a potential reshelving fee from your supplier).
However, general use products like calculators, reusable water bottles, toy cars, candles, and anything else that can be used by anyone are not likely to be returned just because it wasn’t a match. This means you can retain more sales and save the headache of dealing with returns.
If you use Shop1, you won’t have to worry about returns at all. Shop1 automatically handles processing returns for all orders, corresponding with suppliers and allowing you free returns to your customers. You can sell any products you want – regardless of return rate – without worrying about return management.
Dropshipping is a naturally low-margin business model. While there are minimal startup costs to running a dropshipping business, you’ll need to be efficient with your expenses and smart with pricing to ensure you’re making a profit.
Dropshippers don’t have the luxury of buying in bulk and storing products until they’re needed, which results in higher wholesale prices. When you add in marketing costs, fees from suppliers, and other expenses, you’re not always left with much room for error.
To offset the often tight margins of dropshipping, your product selection can include products that offer high profit margins from wholesale to retail. Jewelry is one of these products, with people less likely to pay attention to price when buying gifts. Pet products and children’s toys are other options that customers will spend more on to spoil those that they love.
If you haven’t yet, click here to read Part 1 Niche: Pets Now that we’re home all day with our fur babies, we want to
A Mega List of Niche-Specific Products Are you looking for trending niche-specific products to dropship? Look no further because we have some GREAT products that
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