Have you just started a Shopify store but have no idea on what to sell? I know many who can relate to this.
When I started my first Shopify store, I had no clue about what products I should be selling. There are hundreds and thousands of products for you to choose from.
But not to worry, over time you will become better and quicker at finding these products.
If you want to know how you can easily find the right products to test on your store, keep reading…
When you’re researching products for your e-commerce business, it is important to remember the 3 Points of Profit.
These are three points which I look for when finding those products which have a higher chance of selling.
A winning product should be:
When selling your products online, it’s important to price them correctly so that you can maximize your profits!
Keep in mind for products which grabs your attention or exclusive to the market. This will make creating video ads much easier since these products will have a higher chance of engagement.
Stumble upon has a great list of interests and hobbies which you can have a look at for niche ideas.
You can also browse Mailbiz.co website for more winning products. Have a look at their categories and website layout. It’s very simple and clean which is what you want to achieve with your store too.
Now let’s start off with the Facebook. All you have to do is enter a niche keyword in the search bar at the top and enter.
Click on the Pages tab.
What I like to do is find other pages which I know who is dropshipping. For example this page, Super Gadget Store.
When I find these pages I click on the Info and Ads Tab. This will show you the ads and products this store is selling.
You need to understand the Margin game.
When you drop ship a product that cost $100, the mark up you can do at most is 2x. Meaning you can place your selling price as $200. No way people will purchase for $200 or more since Internet price search is so common these days.
When you drop ship a product that cost $1, the mark up you can do will be awesomely high. You can do a mark up of 3x, 5x or even 10x. This happens very often for Aliexpress dropshipper in the niche of Jewelry.
If you are keen to find out more about some of the best products available to make such a margin.
Eyemask of a margin of more than 300% when dropship.