How to find $100k/Month Winning Products for Dropshipping In Under 10 Min! (FOR BEGINNERS)

Summary

This video provides a step-by-step guide to finding winning products in 2023, starting with using Mana's platform and filters to identify profitable items. The speaker then explores Etsy, highlighting personalized products with high perceived value, and suggests using recent reviews and Etsy sellers for wholesale deals. Additionally, they recommend validating products through competitor research, ad libraries, and cost analysis to ensure a healthy profit margin. By following these methods, viewers can confidently select products to sell and scale their businesses effectively.

Takeaways

• 😀 Utilize tools like Manea to filter and find trending products and niches.
• 😀 Focus on developing strong funnels and landing pages to enhance sales performance.
• 😀 Join relevant communities (like a free Discord group) to get help and feedback on product research.
• 😀 Explore Etsy for unique, customizable products that often have higher perceived value.
• 😀 Personalized products, such as custom gifts and accessories, tend to command premium prices.
• 😀 Check recent reviews on Etsy to ensure products are currently selling well.
• 😀 Pay attention to how many items are in shoppers' carts on Etsy to gauge product popularity.
• 😀 Etsy sellers often create their own products, so reaching out to them can lead to wholesale opportunities.
• 😀 Validate potential products by researching competitors' ads on platforms like Facebook and TikTok.
• 😀 Ensure a healthy profit margin by aiming for a 2-3x markup on products to cover costs and ads.
• 😀 Use a product checklist to validate a product’s potential before moving on to content creation and marketing.

Q & A

What is the main objective when using Manea for product research?

The main objective when using Manea is to identify winning products by applying specific filters strategically. The goal is to find products that have high potential in a particular market by analyzing product performance and trends.

Why is it important to use filters with purpose when conducting product research?

Using filters with purpose is important because it helps you narrow down the vast number of products to those that are most likely to be successful. By filtering products based on specific criteria, you can focus on high-potential items that align with your business goals.

How can joining a Discord group help during product research?

Joining a Discord group can provide you with valuable support, as you can share screenshots of potential products and ask for advice. It’s a place to get feedback and help from others who may have experience with using the research tools effectively.

Why is Etsy a good platform for finding unique products?

Etsy is a great platform for finding unique products because it features personalized, handmade, and custom items that are not commonly available elsewhere. These products often have higher perceived value and can stand out in the market.

What role does the 'personalized gifts' category play in finding winning products?

The 'personalized gifts' category on Etsy is a great starting point for finding high-value, unique products. These products often carry a higher price point due to their customization, making them appealing for reselling or dropshipping.

How can product reviews on Etsy help determine product popularity?

Product reviews, especially recent ones, provide insight into how well a product is selling. A high number of back-to-back reviews, particularly recent ones, indicates that the product is currently popular and in demand.

What is the significance of 'in four carts' displayed on Etsy product listings?

'In four carts' means that four people currently have the product in their shopping carts, which can be a signal of interest but doesn’t necessarily confirm strong sales. It’s one of several indicators to assess product popularity.

How can you contact Etsy sellers for wholesale deals?

To contact Etsy sellers for wholesale deals, you can visit the seller’s storefront page, click on the contact link, and reach out with a message. Express your interest in purchasing their products in bulk and inquire about wholesale options.

What should you do if a product on Etsy is not suitable for dropshipping from China?

If a product on Etsy cannot be sourced from China for dropshipping, you can reach out directly to the Etsy seller to see if they are open to a wholesale arrangement. Alternatively, you can use print-on-demand services that offer similar products.

How can you validate a product before investing in content creation and ads?

To validate a product, first ensure it meets the standards outlined in the product checklist. Then, check competitors using platforms like Facebook and TikTok ad libraries to see if there’s a market. Finally, perform a cost analysis to ensure the product is financially viable with a healthy profit margin.