What should I sell through dropshipping? If you are doing dropshipping, it’s your major concern. How come some dropshippers are raking in six or seven figures while others are flat-out losing money? Having a winning products for dropshipping is what matters most. So, I’ve decided to write this blog to address a frequently asked question about dropshipping: “How can I find a winning product for dropshipping?” It’s time to get started.
What Is Dropshipping?
The term “dropshipping” refers to an online business model in which you have a storefront without any physical inventory. The process is as follows:
- You launch an online shop, typically on a website or e-commerce platform such as Shopify or Amazon.
- You form partnerships with suppliers who already have the products you need, rather than purchasing a large quantity to maintain inventory.
- If a consumer makes a purchase from your store, you will notify your supplier of the purchase.
- After that, the supplier handles shipment to the buyer directly.
- You never need to handle the product. The only way to turn a profit is to charge more for it than you paid the supplier.
To put it simply, dropshipping is a way to link customers and suppliers without actually handling the products yourself. Because there is less initial investment and less work involved with managing inventory, it is a popular method for starting an internet business.
What Is A Winning Product In Dropshipping?
First, make it crystal clear that a winning product for dropshipping is one that provides the best possible solution to the challenges faced by customers. Then, naturally, there will be a large demand for that product, which will result in significant sales and profits.
In the dropshipping industry, you may notice that a common tactic among dropshippers is to rapidly try out a bunch of different products in the hopes of discovering the one that sells the best and makes the most money.
Knowing what makes a good dropshipping product is the first step in finding a winning product. You can use this to separate the good stuff from the bad.
So, whenever you conduct your research, try to look for a dropshipping product that satisfies the following requirements:
- Great interest: a great deal of customers find it appealing.
- Get your attention immediately: It attracts your attention as you explore it
- Minimal competition: little presence in the industry.
- High ROI: guarantees a profitable return on investment (200% or more).
- Distinctive selling point (USP): provides a unique solution or stands out from the crowd.
- Flexibility in scaling: potential for limitless, substantial increase in sales.
- Good feedback: backed by positive comments from customers.
- Currently in Trend: adapts to the ever-changing demands of consumers.
- High sales record: The product must have the high sales record
- Easy Shipment: It won’t be difficult to ship the product.
- Not too technical: It should not be overly complex and intricate.
- Not prohibited for advertisement: You can promote it on any channel
Of course, not every successful product has these features. However, in most cases, a product’s chances of getting a hit increase as the number of these characteristics increases.
5 Best MethodsTo Find Winning Products For Dropshipping
Finding a winning product for dropshipping requires a combination of smart tool use, research, and creative thinking. This procedure relies heavily on social media sites like TikTok, Pinterest, Amazon, and others. To get a sense of what people are talking about when they say that a TikTok trend triggered them to buy something, you can look at the hashtag #tiktokmademebuyit. By doing so, you can see which things are popular and selling well at the moment. Let’s delve into the additional steps in more depth.
1. Make Use Of TikTok Search
Use TikTok’s search feature to your advantage to find winning products and new markets. Also, several dropshippers use TikTok too promote their successful items. So, with just a few keywords, we can locate their ads on TikTok. For example, you may use hashtags like:
- #tiktokmademebuyit
- #amazonfinds
- #coolgadgets
- #amazonreview
- #productreview
So, look through hashtags associated with your industry and watch videos that highlight well-liked products. Thus, TikTok is a great tool for dropshippers because of its active community, which frequently acts as an alert system for viral trends.
Last but not least, make sure the product meets the majority of the winning product criteria we mentioned earlier, particularly with relation to shipping. If that’s the case, give the video a like to make it available to you for later viewing. Keep rinsing until you’ve collected a ton of possible winning products!
2. Look Through Facebook Search
Use Facebook’s extensive user base and search features to find possible winning products for dropshipping. Because dropshippers also use Facebook ads to promote their items, you can use a variety of keywords to find their ads and ultimately their products. Here are a few of the keywords:
- Get Yours Now
- Limited Supply
- Buy It Now
- Click Link
- 30%, 50%, 60% off (or any other percentage)
- Free Worldwide Shipping
Moreover, you can search the Facebook ad library to find all the ads. So, once you find any product that has positive reviews, search it on AliExpress. If that product is present, you may start your dropshipping with it.
Also, you can join groups and communities in your area of industry. Utilize Facebook’s search box to look through posts, discussions, and suggestions about items that interest you. By participating in these communities, you can find hidden treasures and gain insightful information.
3. Explore The products of Amazon Best Sellers
Although Amazon product hunting is not a novel method for discovering winning products for dropshipping, it deserves recognition due to Amazon’s hourly updates to its bestsellers list.
If you’re looking for product ideas, one advantage of looking at Amazon’s bestsellers is that you already know there’s a demand for them. Customers do exist; all you have to do is put your abilities to work to locate them.
(i) Examine Amazon Shakers And Movers
Pay particular attention to Amazon’s Movers & Shakers list, which features products with notable increases in sales. You can find a lot of dropshipping prospects with these products because they usually reflect growing trends and consumer demand.
(ii) Look through Hot New Releases on Amazon
Look through Amazon’s Hot New Releases section to find the newest products that are becoming popular in the market. The products on this list are becoming more and more popular, which means dropshippers have a great chance to profit from new trends.
4. Use Google Trends
Google Trends is a great tool for monitoring the evolution of trending topics and search phrases. You can use data on emerging trends and seasonal patterns in your niche to direct your product selection approach. If you want to know which products will have long-term appeal, you can use Google Trends to your advantage.
5. Use different third-party tools
Look into a number of other third-party tools that can help dropshippers with their product research. You can find winning products for dropshipping, study the competition, and confirm market demand with the use of data and insights provided by tools like Jungle Scout, SaleHoo, and market intelligence platforms like SEMrush and Ahrefs.
Also Read: Which Bank Account is Best for Amazon Seller in Pakistan?
Looking For A Winning Product For Dropshipping? Let An Ecommerce Expert Help You!
Munir Ahmad and his team have worked with countless dropshippers, so they know what it takes to support dropshippers in finding a successful product.
To begin, our team researches the dropshipping market and chooses products that have a high volume of sales. Following back and forth discussion with you, our team will select products that have the potential to boost your revenue.
Feel free to chat with Munir Ahmad regarding any winning products you may have discovered. He’ll be happy to hear good news from you.
