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How to Find the Best Dropshipping Products 2020

August 21 2020 04:50
Winnie
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What makes a product suitable for dropshipping?

An excellent dropshipping product must meet three essential criteria: profitable, in-demand, and easy to ship. If your product meets these three criteria, you have a good start. When it comes to choosing the products you want to sell, the choices are almost endless. However, the pursuit of the best dropshipping products involves a lot of research. Browse online markets such as eBay, Amazon, and AliExpress to be familiar with product trends. See how many active sellers there are in each market segment. Understand profit margins, seller fees, and shipping costs. All this will help you choose an excellent dropshipping product. If you already have an idea for an item you would like to dropship, you can follow the standards as follows to test the product.


Retail Price

The retail price is how much your product can sell for. We recommend choosing products that cost between US$15 and US$200. This sounds like a big gap, but it is considered the "best time" for dropshipping products.


There are several reasons why the retail price of the best dropshipping products should be between $15 and $200:


Having an "affordable" product means you are more likely to have high sales.


High sales can give you more opportunities to get customer feedback, which is very important to your credibility.


Selling products for less than $15 will make it harder for you to profit, and requires you to sell a lot of stock to make your investment worthwhile.


Products with a retail price of more than $200 are considered "unaffordable" and challenging to sell at a sustainable rate.


Selling products over $200 means that the refund can be stinging.


Some moving parts


A good dropship product will hardly cause any problems. You want to avoid those delicate and fragile products because they are easily damaged during transportation, which will lead to a large number of returns and negative feedback.


Electronic products usually fall into this category, especially when you purchase from a supplier you are not familiar with.


It is best to insist on using sturdy and reliable products that can withstand the international shipping process.


Weight and dimensions

The rule of thumb for the best dropshipping product is that it should fit into a shoe box. Beyond this size, shipping costs will become unbearable.


If you plan to use ePacket (a service that allows you to quickly ship from China/Hong Kong to the United States and more than 30 other countries), you will need to pay more attention to weight and size. For dropshipper, this is a very popular shipping option.


Potential repeat customers

This is a criterion that newcomers to e-commerce and online sales don't usually consider: a great dropshipping product will generate continuous business.


This means that customers who bought your product may buy it again-whether it is used up or needs to be updated.


In recent years, subscription services have become popular. Merchants offer a variety of goods, from men’s razors to luxury foods to socks packaged into carefully planned packages and sent to customers every month. This guarantees a predictable monthly income for the seller.


Health and beauty products also need to be purchased every time they run out.


If you can switch customers once, then you can ensure repeat business by offering products that are one-time, renewable, or provided as a subscription service.


This is much more effective than spending a lot of effort to make one sale but never see or hear nothing from that customer again.


High-quality supplier

Choosing the right dropshipping product is only half the challenge. You also need to find a high-quality dropshipping supplier.


This is particularly important for dropshipping, because you may need to rely on suppliers to manufacture products, and when orders come, they must be in stock and sent to customers in time.


Low turnover rate

Ideally, the dropshipping products you want will continue to be produced. This means that your investment in high-quality photos and sales copies for your product listing will benefit longer.


Products with a high turnover rate (that is, products that are discontinued or replaced each year) are not a good choice, because you have to update the website and product list more regularly, which consumes time and money.


Common mistakes when choosing a product to dropship

  1. Selecting products based on personal subjective assumptions without market research and analysis.

  2. Selling competitive products

  3. Choosing a product you don’t know much about

  4. Selling products with poor quality

  5. Selling a product without decent profit


Best ways to find dropshipping products

When choosing products for dropshipping, there are also some key points which you’ll need to take into consideration when avoiding the mistakes mentioned above.


  1. Find Trending Products Are Perfect for a Dropshipping Business

  2. Finding a Niche Dropshipping Product

  3. Competitor Product Research

  4. Search Social Shopping Sites for Products That Sell