How to Find a Dropshipping Niche

How to Find a Dropshipping Niche

How to Find a Dropshipping Niche

How to Find a Dropshipping Niche for 2020. Read the post to the end and learn how to pick a winning niche for your  Dropshipping Store in 2 Easy Steps.
If you are a beginner to Dropshipping make sure to check out our Dropshipping Guide for Beginners.

Why choose a Niche? – Dropshipping Niche

Choosing a Dropshipping Niche is the first and most important step to build a sustainable dropshipping business.
Selecting a profitable niche is your main purpose when you start a new Dropshipping store.
Picking the right niche is important because you don’t wanna end up selling anything and everything.
Look at it like this, when a customer enters your eCommerce store and you’re selling everything from kitchen appliances to electronic gadgets, they will have a hard time trusting your store to shop online.
You might be able to have a lot of store visitors but converting them into sales will be a tough job considering there is no authenticity about your eCommerce site. Just because it does not deal in ‘Niche Market’.
So, selling generic products will do you no good. And this is why targeting a Niche Market in drop shipping comes into play.
Having a store that deals in Niche Products will –
a. Build up your store authority.
b. Customers will be more likely to save your dropshipping site in their browser for future purchases.
c. People will want to come back to shop form your site.
d. Helps in Target Marketing through Facebook and Instagram ads.

How to Find a Dropshipping Niche in 2 Easy Steps

 

Step 1. Learn the difference between Good Niche and Bad Niche for your Dropshipping store – winning niche

By doing this very first step you’ll get to know what you should look for in a Niche.
Understanding the features of a Good niche will help you to differentiate it from the bad ones.
For quick and better understanding have a look at the picture
Good and bad Niche- How to Find a Dropshipping Niche
Now we are safe to say that you should pick a niche that is specific, large enough, has variations, no ad limitations, and low risk involved.
Wait wait! Let’s take an example.
If you’re selling Cosmetics, it probably won’t make a very good Niche choice. As cosmetics are too personalized. People are generally loyal to brands when it comes to beauty products.
Whereas, Eco-friendly lifestyle products can make a good niche choice because of, it’s increasing demand over the recent period of time, they have lots of sub-niches to diversify your store, wide target audience as everyone is moving towards more sustainable ways of living.
Lighting Products and Print-On-Demand Products can also be the best things to Dropship because of its wide popularity.

Step 2. Brainstorm your Ideas

Next, you should think about all of the stuff that comes in your mind after knowing what to look for in a Niche.
Repeat after us,
DON’T PICK PRODUCTS IN A RUSH. 
Take your time.
We would recommend you to list down at least 10 Niches that comes to your mind.
While listing them always look for 5 things –
• Ongoing trends – Look for what is trending in the market. For this, search for Amazon’s most wished Products or Amazon bestsellers.
You can surf sites like TheTrendSpotter and Trendhunter to look for trending products to sell online.
• Product Price and Size – Smaller Product comes with options like Free shipping.
Also, look for products that will leave you a significant profit margin.
• Low competition – Don’t go for over-saturated Products.
• Low Return rate – Don’t pick products with a lot of style and size preferences. They have high return rates.
• Profit Margin – You should always check,
     – Shipping Cost
     – Return Rates
     – Taxes
     – Marketing costs on different social media sites
     – Platform Charges ( eBay/Shopify/Amazon)
     – Your Profit Margin
Make sure to do a rough calculation based on these aspects.
Now that you’ve looked through all of the above lenses of selection, you can narrow down to a specific Winning Niche.
By following these 2 Steps you will surely list down some good Niches for your eCommerce store.
But wait! Your job isn’t done yet. There are one more things you should keep in mind while selecting a Niche.

Look for the right Supplier who deals in your Niche Segment. 

For this, you should know How to find suppliers for Dropshipping.

Consider your Dropship Supplier as your business partner as they are responsible for shipping Products to your customer.
Make sure to select the right one.

Few tips and tricks

• Evaluate Marketing Possibility for your Niche – Targeting the right customers at the right point of time is the key to have a successful Dropshipping Business. Look for all the possibilities of marketing your products to your potential customers.
• Target Impulse Buyers – Creator FOMO (Fear of Missing Out) for them. Persuade them with discounts, coupon codes, exciting offers for a limited period of time. By doing so they’ll think ‘If I don’t act now, I might lose this offer’.
• Select a Niche that provides a solution to problems. (Look for review sections of eCommerce sites. You’ll get to know what customers are looking, talking or complaining about)
This was all about How to pick the Best Dropshipping winning niche.
Hope you guys find it useful.
What’s your eCommerce Niche?
Do comment below and share it with your loved ones.
Spread the love

43 thoughts on “Find a Profitable Dropshipping Niche in 2 Easy Steps”

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  28. Dzięki za sugestii dotyczących naprawy kredytu na temat tego konkretnego sieci -teren. Rzeczy i chciałbym zaoferować jako rada ludziom oznacza zwykle zrezygnować z tej mentalności że w tym momencie i rozwidź później. Being a as be a} społeczeństwo {my|my wszyscy|my wszyscy|wielu z nas|większość z nas|większość ludzi} ma tendencję do {robienia tego|robienia tamtego|próbowania tego|zdarzyć się|powtórz to} dla wielu {rzeczy|problemów|czynników}. Obejmuje to {wakacje|wakacje|wypady|wyjazdy wakacyjne|wycieczki|rodzinne wakacje}, meble, {i|jak również|a także|wraz z|oprócz|plus} przedmiotów {chcemy|chcielibyśmy|życzymy|chcielibyśmy|naprawdę chcielibyśmy to mieć}. Jednak {musisz|musisz|powinieneś|powinieneś chcieć|wskazane jest, aby|musisz} oddzielić {swoje|swoje|to|twoje obecne|swoje|osoby} chcą {od wszystkich|z potrzeb|z}. {Kiedy jesteś|Kiedy jesteś|Kiedy jesteś|Jeśli jesteś|Tak długo, jak jesteś|Kiedy} pracujesz, aby {poprawić swój kredyt|poprawić swoją zdolność kredytową|zwiększyć swój kredyt|zwiększyć swój kredyt|podnieś swój ranking kredytowy|popraw swój kredyt} wynik {musisz zrobić|zrobić|faktycznie potrzebujesz|naprawdę musisz} dokonać kilku {poświęceń|kompromisów}. Na przykład {możesz|możesz|możesz|możesz|będziesz mógł|| możesz|prawdopodobnie możesz} robić zakupy online {aby zaoszczędzić pieniądze|aby zaoszczędzić pieniądze|aby zaoszczędzić} lub {możesz przejść do|może się zwrócić|może odwiedzić|może obejrzeć|może sprawdzić|może kliknąć} używane {sklepy|sklepy|detaliści|sprzedawcy|punkty sprzedaży|dostawcy} zamiast {drogie|drogie|drogie|drogie|drogie|drogich} domów towarowych {dla|w odniesieniu do|dotyczących|odnoszących się do|przeznaczonych dla|do zdobycia} odzieży {termometr bezdotykowy|termometry bezdotykowe|termometry bezdotykowe ranking|termometr do czoła|termometry do czoła|termometr bezkontaktowy|termometry bezkontaktowe|termometr koronawirus|termometr|termometr na podczerwień|termometry na podczerwień|termometr lekarski|termometry lekarskie|szybki termometr medyczny|szybkie termometry medyczne}.

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