Dropshipping is growing in popularity and is being increasingly valued by e-commerce experts all around the world. To have a successful dropshipping business you need to step up your game.
But before that, what exactly is dropshipping? Dropshipping is an online business model where the retailer doesn’t own or store the goods but is simply responsible for playing the role of a middleman between the supplier and the consumer. The retailer uses various e-commerce platforms to sell products with minimal risk. All, this sounds too good to be true. So where's the catch?
Since dropshipping has stolen the spotlight, there is inevitably a great deal of competition in the market. Choosing the right products to sell has become a crucial strategy towards having a successful eCommerce business. Continue reading to find out our top 6 picks for the best dropshipping products to sell.
Factors To Consider While Choosing Your Winning Product
Current Trends And Fashion
While selling products online, it is important to stay up to date with all the current trends. Following various blogs and social media accounts in your niche can help you select all the hot selling products that are perfect for your e-commerce business.
Pricing
Most people tend to filter their searches on e-commerce websites by price, i.e., lowest to highest. Small products under $10 are generally a great success with minimal risk. These may include products like fashion watches, accessories, pet supplies, room decor, etc.
Target Demographic
Your product must solve the problems faced by your niche audience. The product need not solve a very pressing issue. Something as simple as a trash can for cars can be an innovative solution for a wide audience, such as parents or even Uber drivers.
Top Dropshipping Products To Pick
Now that you know what exactly to look for while choosing your product, here are our top 6 picks that are guaranteed success in the dropshipping industry.
1. Yoga Mats
With a wide range of people becoming more and more health-conscious, switching to diet coke, salads, and healthy workout routines, yoga mats are increasingly in demand. Yoga mats are here to stay in the market, especially considering the new quarantine routine. It is indeed a very profitable dropshipping business product, with an average competition level.
2. Beard Oils
Beard oils and other beard care products are like the underdogs of the e-commerce industry that have come to the spotlight. Beard oils are back in style and are killing it. While there are already a few well-established brands in this niche, with the right product and branding, this idea could be a big hit. The industry for men’s grooming products is expected to grow steadily in the coming years.
3. Tote Bags
Tote bags have become a fashion statement for many women. Many fashion bloggers and influencers can be seen carrying and promoting tote bags. They are economical and also sustainable for the environment. Tote bags have become the new statement as an alternative to plastic or leather bags. In the coming years, there will be a surging growth of e-commerce products that promote an eco-friendly lifestyle. That equates to a profitable dropshipping opportunity.
4. Art Supplies And Calligraphy Pens
Calligraphy pens are slowly coming back into the market. The good news is, there’s very little competition in the e-commerce industry for calligraphy pens. Art supplies are an increasingly popular category when it comes to dropshipping. Most people tend to buy art supplies online, as they can be quite expensive in many countries.
5. Anti-Aging Cream
Since everyone ages, there’s always a great demand for anti-aging creams. What’s more, is that the target demographic is already well defined. The global anti-aging industry is predicted to exceed $330 billion by the end of 2021.
6. Fitness Trackers
Fitness trackers saw an exploding growth in the market in 2017 with brands such as Fitbit and Garmin. However, the market is not yet saturated with these products. They still continue to grow in sales and can be a good product option to consider. They are very popular not only among athletes and sportspeople but also among common folk who want to stay fit. The worldwide revenue is expected to grow to $3.33 billion by 2022 which makes it a lucrative option for dropshippers.
Summing Up Top Dropshipping Products To Sell
With so many e-commerce product options to choose from, selecting the right one that’ll take your e-commerce business to the top can be quite a daunting task. These were our top dropshipping picks of products that have a higher chance of success. It is important to consider all necessary factors such as product availability and demand, pricing, target demographic, and shipping policies before choosing your star product. A bonus tip would be to use tools such as Google Trends to make sure that there is a positive demand for your dropshipping product before ordering.