6 Criteria For Choosing Good Products To Dropship | Shopify Dropshipping

AutoDS - Automatic Dropshipping Tools
19 Jul 202108:03

Summary

TLDRThis lesson on dropshipping emphasizes the critical role of product research in building a successful online business. It outlines six key criteria for selecting a profitable product: it should be hard to find in stores, difficult for customers to guess the price, solve a specific problem, and come from suppliers with fast shipping. Additionally, products should encourage impulse buys and cost under $30 to maximize sales potential. Beginners are advised to start with a niche store for better branding and organization. A downloadable product research spreadsheet is provided, and the next lesson will focus on analyzing unsuccessful dropshipping stores for insights.

Takeaways

  • 😀 Product research is the most crucial part of running a drop shipping business; neglecting it can lead to failure regardless of other efforts.
  • 🔍 A good product should be hard to find in local stores, making it unique for customers.
  • 💰 The price of a product should be difficult for customers to guess, allowing for higher profit margins.
  • 🛠️ Products must solve a problem or make customers' lives easier to be attractive to buyers.
  • 🚚 Choose suppliers with fast shipping and delivery times to meet customer expectations and enhance satisfaction.
  • 💳 Customers should be able to make impulse purchases without needing extensive research, increasing sales opportunities.
  • 💵 It is advisable to sell products priced under $30 to boost sales potential, especially for beginners.
  • 📦 Starting with a niche store is recommended for beginners, as it allows for better branding and product focus.
  • 🏪 Avoid general stores with unrelated products to maintain professionalism and organization in your offerings.
  • 📊 Utilize resources like product research spreadsheets to track and analyze potential products for your drop shipping store.

Q & A

  • What is the primary focus of this lesson?

    -The primary focus of this lesson is product research, which is essential for success in the drop shipping business model.

  • Why is product research considered crucial in drop shipping?

    -Product research is crucial because if it is not done correctly, no amount of effort in marketing, site design, or budget will ensure success.

  • What is the first criterion for selecting a product to sell?

    -The first criterion is that the product should be hard to find in local stores.

  • Can you provide an example of a product that meets the first criterion?

    -An example is the UV toothbrush sanitizer, which is not commonly found in stores like Costco or Home Depot.

  • What is the second criterion for product selection?

    -The second criterion is that it should be difficult for customers to guess the product's price.

  • How does the inability to guess the price affect profit margins?

    -If customers find it hard to guess the price, sellers can set higher price points, potentially making a larger profit.

  • What types of problems should the chosen product solve?

    -The product should address specific customer problems and make their lives easier, such as improving personal hygiene.

  • What shipping considerations should be taken into account?

    -It's important to choose suppliers with fast shipping and delivery times to ensure customer satisfaction.

  • What is the recommendation regarding the cost of products?

    -Products should ideally not exceed $30 to increase the likelihood of sales and reduce the difficulty of convincing customers to buy.

  • What type of store is recommended for beginners in drop shipping?

    -Beginners should start with a niche store, as it allows for better branding and product focus compared to general or one-product stores.

  • How can a niche store help in the long run?

    -A niche store enables sellers to gradually narrow down their focus on winning products based on sales performance, leading to better business decisions.

  • What resource is provided for conducting product research?

    -A product research spreadsheet is provided in the course resources to assist with tracking and analyzing potential products.

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الوسوم ذات الصلة
DropshippingProduct ResearchE-commerce TipsNiche StoreImpulse BuyFast ShippingOnline BusinessProblem SolvingEntrepreneurshipAffordable Products
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