I believe that you need to find a niche that has not been exploited by other businesses. The most successful and popular audiences are probably taken and dominated by great players on the market. Therefore, you should do some great research and look for niches that others have not sought yet. The online market is developing everyday and thus, new types of customers are being discovered. After you have established your niche, you should analyze the characteristics of those people and try to think about their needs and interests. Then you can easily decide on what product you can commercialize. The products are also an important part. It is essential to take into consideration the following aspects: Can you contact a provider for your store? Do you afford to pay that provider? Do you have the resources to sell that product (e.g. transportation)? Are you able to deal with huge demands and orders? These are just a few details to bare in mind. However, if you manage to find solutions and see open doors when you think about these issues, you are most probably on the right track.
if you are selling amazon products you can use Keepa and Camelizer plugins for this purpose to research the product.
I wish to sell authentic Footwear and Ladies Bags on ebay but finds it hard to find low cost dropshippers. I found 1 dropshipper though its asking to order minimum 100 products and they don't list well know brands also. Suggest some dropshippers listed authentic well known brands in this product category?
Hello, Here are the main factors to search the best product to sell on Amazon. 1. Research Best-Selling Products on Amazon 2. Know The Right Criteria 3. Analyze The Competition 4. Identify Customer Passions 5. Consider Going With Your Experience I was also new seller but I hired a team to suggest me some products and they really suggested me the best products and now getting around 200 sales per day. Thank You
If a supplier requires a minimum order quantity of 100 items, they are not dropshippers. Anyway, don't even consider selling well known brands unless you can buy them from a licensed distributor. Whatever you can buy from a dropship wholesaler you can buy much, much cheaper direct from the manufacturers in China or other countries. I have taught hundreds how to do it safely. You can bank the profit you would otherwise be giving away to the wholesaler. For ideas on what is involved, or to ask questions, see my thread: Ask Me Anything About Product Sourcing and Importing Walter Hay Provenchinasourcing
You can find out from Amazon what are the top 10 sales, and then go to Alibaba to buy them cheaper. If you are doing a blog with reviews you are better off talking about products you or someone you know loves and can give testimonials. Because people buy from vendors who give them elements to decide. I've always sold high end products where the competition is less but where you "need to be convinced to be convincing". I also like digital products since it doesn't cost hardly anything to send them neither to refund them or send them back. And there is a 800 million dollar industry out there and growing every year.
Unless you know how to sort out who is who on Alibaba you will usually finish up dealing with a trader or wholesaler and not with a real manufacturer. Lots of people talk about buying "wholesale", not realizing that they are throwing money down the drain if they buy from wholesalers. Wholesalers buy from the manufacturers, then add a big margin and sell to you. If you can find the actual manufacturer and buy direct, you can pocket that extra margin. Here's an important clue: Only consider dealing with those suppliers on Alibaba who display this logo: Assessed Supplier. These are the only Alibaba suppliers who have had any real investigation done to see if they are genuine manufacturers with the necessary registrations to export etc. Read the entire Assessed Supplier report before contacting them. I suggest you do a lot more research into safe sourcing. You could start here: Ask Me Anything About Product Sourcing and Importing where you can ask questions about safe sourcing and importing. Walter Hay Provenchinasourcing
Sell something that you are interested in yourself. Nothing is greater than something that you're interested in. If you like bags, then most likely you should sell bags. An advantage of that is you already know what you're selling, more ot less. You can talk to any customer about it and not feel like you're forced. You can talk about it all day, and most likely you will convince the customer to get one also. (yes, I know this thread is more than 4 years ago, but it's still relevant...)
There are a variety of ways to find out what is hot selling product. if you want to start an online business that serves the local inhabitants then try to find out what is trending in your locality, else if you want to run a store on an international level then you can give google a try to find the hot selling products, moreover visit the different stores online and see what they are putting on their store.
Yeah, to choose the proper niche is important. I rely on this article from AliDropship blog - https://alidropship.com/best-dropshipping-niches-ultimate-list/. I like this blog, 'coz it helpes me a lot as I started my dropshipping business, so i recommend it to you.
Amidst others, what you wish to sell depends on the following factors. 1. Interest 2. Well-rooted knowledge in that enterprise.
something that interests you so that in the long run u won't feel burnt out revolving around that topic