Dropship businesses: finding buzz products to dropship
We have discussed not long ago the research tools and techniques to discover the products in demand to sell on eBay:
- eBay Pulse
- eBay paid market research reports
- Amazon movers and shakers
- Amazon best sellers
- Amazon new releases
Now I would like to talk about spotting buzz products. Buzz products are relatively new products on the market that get much coverage and publicity and as a result are in high demand with early adopters and other types of consumers.
A simple sample of the buzz products is Apple iPhone. Dropship Apple iPhones and you are guaranteed a nice volume of sales if you suggest a competitive price – for that purpose, you need to set proper relations with dropship merchants/ distributors and wholesalers.
How to define if a new product is hot and is likely to sell great? It is easy and hard at the same time.
Firstly, you can’t define it within one day-week – you need a system, a list of resources to read/ check regularly and make notes of those products that are mentioned again and again. It is a process that takes time and experience. Samples of such resources see above. Add to that Yahoo! and other news resources.
Secondly, you need sort of specialization and knowledge of the industry you are about to focus your dropship business. Then you add to the above observation resource list other magazines and websites to keep your eye on.
Once you have spotted a buzz product recently introduced on the market it is your task to find dropship merchant or dealers.
Easy way is to buy one of those lists of verified dropshippers.
Hard way is to make research and contact dealers directly.
If your dropship business is focused on selling buzz products in addition to a growing market demand you get another important advantage – much lower competition. Traditional consumer product niches are tightly packed with unlimited number of merchants and dropshippers and buzz products are sort of new opportunities that you should not miss.
[tags]dropship businesses, dropship turnkey website, drop ship, wholesale, ebay, e-commerce, dropshippers list[/tags]