The Best Method to Find Profitable Drop Shipping Business Ideas.
Are you sick of working for the man? Want to start a business but aren’t sure where to begin?
Thanks to drop shipping anyone with a computer can easily setup shop from home and start earning from an ecommerce store.
But what is drop shipping?
Drop shipping is an easy method of starting an online ecommerce store where you don’t have to handle inventory.
You upload some images and descriptions of a product from a dropship wholesaler website, or Aliexpress.
When someone buys from your website you go to Aliexpress or the dropship wholesaler website and get the item sent directly to the buyer.
You are the middle man in this business. You choose the prices, you choose the profit.
The Big Question: How do i get drop shipping business ideas?
Well, I’m going to tell you the successful method that I’ve used on my websites to get drop shipping business ideas.
Step 1: Figure out what website you are going to be using to drop ship.
There are tons of different websites that offer drop shipping but they can be hard to find depending on the niche you choose.
For this article I’m going to be using Aliexpress as an example.
Random Tip for finding drop shippers: Go to google search and type Your niche + dropshipping. (ex. Gaming gear + Dropshipping)
Step 2. Do your research and do it right.
Research is the easiest way to come up with drop shipping business ideas.
The type of things you want to look at while researching.
- Is it already selling?
- Is the seller you are buying from trusted? Do they have lots of good reviews?
- How fast will it be delivered to the customer?
- Does it come with a tracking number once shipped?
On Aliexpress they have sections such as “Best Selling” and “Super Deals”.
I like to browse through those categories and find items my potential clients would be into. If you don’t see any products that suit your niche don’t worry.
Go to the category that a product in your niche would be found under, and sort it by best selling.
Step 3. Even more research.
Once you successfully find a product that’s popular within your niche its time to do some more research.
Go to Amazon, and Ebay and search the exact title as listed on Aliexpress. Odds are there is hundreds of people selling the exact same product.
Why are you searching it on amazon and Ebay?
This is to check how well it is selling, but more importantly to see what the average price is in your area for the product. If people are selling the item for cheaper then the Aliexpress listing then its time to rethink your drop shipping business idea.
Step 4. Finding drop shipping business ideas on Amazon
Another great way to find drop shipping business ideas is to browse amazon. Sure you’re not going to be drop shipping directly from amazon but its a great place to find products to sell.
For example. You’re looking at action cameras on amazon. And see a no name brand camera with hundreds of sales and four to five star ratings.
The Vtin 4K Camera is selling for $109.99 on amazon, and you know people want to buy it.
You do a simple search for 4K action cameras on Aliexpress and you find that you can get one almost identical for $38-$79.
If you pay $79 for the one on Aliexpress and bump the price up to $108.99 that’s $29.99 per salein profit.
Step 5. Creating the store and getting your first sale.
(I’m not going to be getting into detail here. I may do that in a future article, as this articles main purpose is to find drop shipping business ideas.)
The easiest way to drop ship with little experience is to create a Amazon or Shopify store to upload products to.
They are easy to setup, easy to control and maintain and require little to no experience.
If you have some knowledge of WordPress then it can be a great alternative platform to use, with lots of customization options.