May 18th, 2009
Finding profitable products is crucial to any business including online dropship business. There are special tools available on the market that can help you with your research. A few samples:
You can supplement them with free resources like:
Armed with this entire arsenal you need to just assign some time to regularly monitor the market for new products appearing and getting huge demand (= new opportunities to your business).
Recently I have noticed one popular product using this approach – bratz. I was completely unfamiliar with this. Then I discover that this is toys – dolls with large heads and wide eyes.
I have checked the lists of the verified dropshippers to identify the product suppliers to dropship Bratz I was certainly looking for free Bratz dropshippers with no minimum. Once I have detected Bratz dropship suppliers I could do another, this time more detailed, product research.
The product looks promising, but digging deeper I discover that there is also a Bratz video game that is actually most researched online of all Bratz products (it means the huge Bratz demand is not focused on Bratz dolls, but covers a wide range of miscellaneous products). Another check – this time with Google Insights for Search – and I see that I am likely to be late to the party – the demand peak is declining and Bratz products are popular in some countries where I do not have plans to promote to – Australia, Albania, Mexico.
I do not state that it is impossible to make money drop shipping Bratz products, but it does not look that appealing to me.
This is my simple method to identify those profitable products monitoring online product demand and then making a 30 minutes or longer research to discover any proof signs of the product potential or lack of that.
May 11th, 2009
It does not matter if you are new to dropship business or an expert – there are things that we do not know or missed somehow:
what products to sell,
how to discover/ define those money making products,
where to look for verified dropship distributors,
how to check if the dropship distributor is a reliable wholesaler,
how to promote your products online and offline,
where to place your products for sale,
what sort of advertising is efficient,
how to increase conversions of your valuable traffic,
what are the ways to build regular buyers list
The list of questions seems endless. One way to find answers is by trial and error way with your own experience – a painful and long process.
Another way is to learn from others experience. An example of this way is our collection of dropship case studies that should answer most of the above questions by industry (I know from my experience – what works in online video game sales might be absolutely useless if you decide to dropship automotive parts).
One more source of free drop ship education that has been recently released for free (the product used to cost $97.00, so do not miss a chance to get a valuable freebie) is Drop Ship Focus from one of the dropship list providers. I should admit that there is no much free drop ship education found online. Some product sourcing companies offer training, but you should buy their product first.
Drop Ship Focus is packed with FREE video series – from a simple training course to insider interviews with online and wholesale business experts. First video is essential – how to find profitable products to dropship. So grab your free copy now to start or develop your drop ship business right.
May 7th, 2009
With all that craze about PSP Playstation, Xbox and Wii consoles it comes to my mind that video games dropship should be a profitable business. Every time I check hot products online I come across some games or consoles listings. For example, have a look at the list of most popular eBay products:
• ipod touch
• xbox 360
• ipod nano
• nintendo ds
In addition to that we have a separate case study category on video games dropshippers – one of the most populated. It is not a problem to choose a verified game dropshipper from the lists
Everything about video games dropshipping looks so attractive for years now, but I can’t even approach the game dropship. Like with any product category you need some basic knowledge about the products you would like to sell, some research and then market news following. This is something that holds me from entering this product niche – I have zero knowledge or interest in video games. I always tried to distant myself from video game playing being afraid that it could occupy too much time in my life due to the stickiness of their nature…
What is the best solution of the problem similar to this? You think you have found some cool items to dropship, but have no idea about the products/ industry. You can outsource this business by hiring a person who is familiar with the video games, you can research this industry yourself first, you can test the game dropship and later decide on the best way to develop this product category dropship. I just wonder how you deal with this sort of issues. Is there any other proven ways to enter new product niches with min time and fund investments?