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Dropshipping is a viable business model anyone can start right from their home. Best of all, dropshipping doesn’t require a substantial upfront investment. Just about anyone with a computer and an internet connection can get started with this business model.
If you’re ready to learn about how dropshipping can change your outlook on the business world, stay tuned because here we’re going to be talking about high-ticket dropshipping. We’ll discuss the best products you can focus on to make some good returns on your dropshipping business right from the start.
So, let’s get started!
You may have heard the term “dropshipping” before but may not be sure what it’s all about. In short, dropshipping consists of selling items but using a third-party supplier to fulfill the orders. In this business model, you don’t actually hold any inventory. Your third-party suppliers hold it. Your task is to serve as an intermediary between the third-party supplier and the customer.
The point with dropshipping is to create a fully branded storefront that customers can associate with your brand. Behind the scenes, your role is to facilitate the sale, procure the items, and have the third-party supplier ship them to your customers’ addresses.
High-ticket dropshipping is essentially the same as regular dropshipping. The difference lies in the types of products you sell. These are “high-ticket” items that are essentially more expensive.
Traditional dropshipping with small-ticket items means lower margins. Therefore, you must sell more items to boost your revenue. In contrast, high-ticket drop products leave you with a higher margin. Thus, you don’t need to sell as many items to boost your revenue.
In short, yes. High-ticket dropshipping is profitable. However, you must know what you’re doing. There are a couple of things to keep in mind when it comes to making a profit with high-ticket dropshipping.
Overall, high-ticket dropshipping can be quite profitable. However, it’s crucial to understand the nuances that come with it.
High-ticket dropshipping has its advantages and disadvantages. Let’s take a closer look so that you can determine if dropshipping is right for you.
High-ticket dropshipping offers the following key advantages:
1. Very little upfront investment is needed
2. There is no inventory to hold
3. Logistics are minimal
4. Overheads are low
5. No extensive marketing or sales experience required
That said, high-ticket dropshipping comes with the following disadvantages:
1. Finding reliable dropshipping suppliers can be complicated
2. Margins can be low
3. some products may become scarce
4. there may be unexpected pricing swings
5. Shipping may be an issue
Overall, understanding how your products’ sourcing and fulfillment work can help you avoid unnecessary issues with your customers.
Finding the best products and suppliers for your high-ticket dropshipping business can be challenging. Luckily, we have you covered! Using Google Trends can help you get a good sense of how you can approach your high-ticket dropshipping business.
Google Trends allows you to search for trending searches. This insight enables you to visualize products that are highest in demand. Now, you might be thinking, “how can I find the highest-selling products?” Well, you can search for individual items.
For instance, if you’re interested in setting up a jewelry business, try searching for the keyword “jewelry.” Google will show you the trends for the keyword and the geographical location where it mostly appears. This insight will allow you to see how popular “jewelry” truly is.
So, the big question is, what are the best high-ticket dropshipping products? Well, look no further. Here are eight great high-ticket product ideas you can use to choose your high-ticket dropshipping niche.
Air fryers are a popular choice among health-conscious individuals. However, there are many options to choose from. So, helping your customers find the best ones can help you score big points on your high-ticket dropshipping business.
Here is a look at the Google Trends report for the term “air fryer:”
As you can see, peak interest in air fryers occurred at the end of 2021. This interest coincides with New Years’ resolutions. Perhaps your dropshipping niche can focus on air fryers for the next round of resolutions.
Coffee is one of the world’s best-selling products. Just about everyone you know drinks coffee. They are also willing to spend an average of $5 per cup of Joe. However, as consumers become more budget-minded, brewing at home can lead to a high-ticket dropshipping niche idea.
Like air fryers, there are many options to choose from. You can profit by giving your customers a curated list of the best coffee makers.
Here is a look at the Google Trends report for the term “coffee maker:”
Indeed, coffee makers are quite popular year-round. So, consider specializing in high-end coffee makers. You might find great deals out there that will enable you to profit significantly.
Kitchen renovations are highly common year-round. In particular, induction cooktops are a popular and expensive upgrade over traditional stovetops. Since these are highly expensive items, you can stand to make a significant profit.
Here is a look at the Google Trends report for the term “induction cooktop:”
We can see that induction cooktops are highly popular throughout the year. In particular, interest in this item peaks in the early spring as homes are getting ready to hit the spring and summer real estate market seasons. So, you may hit a home run with induction cooktops.
Kayaks are extremely popular recreational items, especially as the spring and summer seasons roll around. They are also expensive, big-ticket items that come with a chunky price tag. Kayaks may become a good item for your high-ticket dropshipping business if you can source reliable suppliers.
Here is a look at the Google Trends report for the term “kayak:”
Sure enough, interest in kayaks explodes as spring comes around. Cashing in on the spring and summer sports season may be a good way of making a tidy profit with kayaks.
Like a kayak, a stand-up paddleboard is a popular summer sporting item. Also, paddleboards are a good high-ticket dropshipping product, given their price and potential margins. Think about it. Most people don’t have the time to search for the right paddleboard to aid the selections out there. Your e-commerce site can provide customers with the best options saving them time and effort.
Here is a look at the Google Trends report for the term “paddleboard:”
As expected, interest in paddleboards spikes at the start of summer. If you’re keen on offering fun and exciting summer products, perhaps a combination of kayaks and paddleboards may be a great idea.
With energy costs increasing, people are increasingly looking for ways to save money on their electric bills. Thus, solar lighting is a great alternative. In particular, solar garden lamps can provide folks with a useful alternative to decorating their landscapes, yards, and outdoor spaces.
Here is a look at the Google Trends report for the term “solar garden light:”
As you can see, interest in solar garden lights remains fairly consistent throughout the year. As such, you can consider offering customers a curated list of the best and most cost-efficient solar lights. Some garden lights can get pricey, thus offering you the chance to score a high-profit opportunity.
3D printers have become quite popular among hobbyists and enthusiasts of all sorts. Interest in 3D printers has increased as these items have become more accessible in terms of price and availability. They are also high-ticket dropshipping items with high-profit potential.
Here is a look at the Google Trends report for the term “3D printer:”
Here, we can see interest in 3D printers remains fairly consistent. Nevertheless, searches for 3D printer spikes during the holiday season. As a result, we can infer that it’s a popular gift idea. So, why not offer 3D printers as a Christmas gift idea? It could be the chance to score a high-ticket dropshipping niche.
Portable projects are popular items for indoor and outdoor use. At home, portable projectors are great for backyard get-togethers and barbecues. On the road, portable projectors allow campers to watch their favorite movies while enjoying the great outdoors.
Here is a look at the Google Trends report for the term “portable projector:”
As you can see, interest in portable projectors shows interest throughout the year. They peak during the holiday season, making them a good Christmas gift. If you’re looking to boost your e-commerce site’s Christmas product offering, consider portable projectors as a possible high-ticket dropshipping product.
Setting up a high-ticket dropshipping store isn’t overly complex. Nevertheless, you must clearly know how to set up an e-commerce site. Fortunately, you’ve come to the right place!
Here is a list of steps you can follow to set up your high-ticket dropshipping store.
Don’t get discouraged if you don’t have orders pouring out the woodwork. High-ticket dropshipping products generally have fewer customers. The difference lies in the substantial margins. As a result, you stand to make higher profits while selling less.
So, you might be thinking, what does a successful high-ticket dropshipping e-commerce site look like? Here are three great examples you can consider as examples for your high-ticket dropshipping store.
Warmly is a premium home décor site that offers a wide array of home decoration products. It offers high-end items such as lighting fixtures. These are typically high-ticket dropshipping items, given the overall costs associated with home renovations.
Here is a look at one of their high-end products:
What makes this one a winner?
This high-ticket dropshipping generally retails for a much higher price. This site banks on the popularity of home décor items while ensuring customers get a great deal on a unique lighting fixture. Indeed, unique home décor items are high-ticket dropshipping favorites. So, consider starting with this product niche.
Luxy Hair specializes in the beauty niche. This high-ticket dropshipping niche offers potentially high margins. Luxy Hair takes its e-commerce site to the next level by offering a classy website layout and good-quality products.
Here is a look at how they do it:
What makes this one a winner?
This high-ticket dropshipping product works because you can source it from various suppliers. As a result, you can reduce your margins while ensuring a consistent supply. Moreover, beauty and hair products are always in demand. Luxy Hair makes this product work well while maintaining a great-looking image.
Campsaver is an outdoor brand focused on providing top-quality items for hikers. In particular, Campsaver offers a great line of reliable and comfortable hiking boots. These boots are a high-ticket dropshipping product because they retail for a high price and are relatively easy to source.
Here’s a look at how Campsaver does it:
What makes this one a winner?
Hiking boots are popular year-round. In particular, their demand spikes during the summer season. So, the brand takes advantage of consistent demand, especially when suppliers slash off-season prices.
Meanwhile, customers can find a curated list of the best hiking boots, thus saving them time and effort. We truly like how Campsaver gives customers a wide array of colors and sizes. This approach enables customers to find what they are looking for easily.
Once you start selling your product online, you will begin to measure metrics like your conversion rate, your average order value (AOV), your customer retention rate, and more. PickyStory is a versatile tool that can help improve many of these metrics in your store, by enabling you to sell tailored product bundles and deals.
Deals can be displayed throughout your store, at key points in your buyer’s journey. This encourages your customers to purchase additional products, related to items they were already viewing or have in their cart. With PickyStory, you can significantly increase the revenue you generate from each customer, as well as improve the customer’s experience in your store by making related products easier to find.
Building a great high-ticket dropshipping store is easy and effective when you have the right tools. With PickyStory, you have a great head start.
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