How to Select Your Dropshipping Products (Quick & Easy Guide)
If you own an e-commerce store that sells niche, hand-crafted products, sourcing them can be a challenge.
You need to find suppliers who offer high-quality goods at competitive prices so they’ll be willing to work with you.
Not only do dropshippers sell lower-cost, generic versions of your niche products; they also take advantage of your lack of experience selling niche items by selling you unsellable products.
However, there are ways to tackle this challenge and select high-quality dropshipping suppliers for your business.
Read on for more information about how to choose the right suppliers and start having a profitable dropshipping business.
Decide What You Want
When you’re deciding what niche to sell, it’s important to choose something that you think will generate a high volume of sales.
For example, if you want to sell hand-crafted leather bags, you can find suppliers who offer high-quality leather at competitive prices and have super-responsive customer service.
Here are some other tips for finding a supplier:
- Check the brand. Some brands that have been in the e-commerce marketplace for a while are great because they already have their own distribution channels and are ready to work with your business with little or no effort from your end.
- Check how big the supplier is; the bigger the company, the more likely they’ll be able to produce and ship orders quickly.
- Look for companies that specialize in your niche market so they can offer more accurate product recommendations.
- Consider using social media sites like Instagram or Pinterest to find potential suppliers.
Know What Dropshipping Companies Will Accept
It’s important to know what kind of products your supplier will accept as well as what they charge.
This is a good way to ensure that you aren’t paying for something your supplier will reject, and it also ensures you won’t be spending more money than necessary.
Some suppliers take the time to research their potential customers and identify the best items to sell on dropshipping websites.
This is an excellent strategy because it can determine exactly which products are selling fastest on the market and help you decide which products will sell faster with your company.
It’s also worth knowing how long a product will stay in stock before a drop-ship supplier sells out of stock.
A drop-ship supplier who offers fast delivery times may not have enough inventory for a given product, so this information can prevent you from being stuck waiting for too long on an item that doesn’t get delivered.
Check Their Feedback and Reviews
This is one way to avoid getting scammed. Look for suppliers who have a high volume of reviews and good feedback on their storefronts.
Check out how long the supplier has been in business, what other products they sell, and any awards that they’ve received.
The more positive reviews, the more likely the supplier will offer quality products at competitive prices.
If you’re still not sure about a supplier, ask for samples and test them out before making your purchase.
You should also get a quote from the supplier before finalizing anything.
This will help you see if the prices are competitive or if you’re being charged higher prices than competitors with similar goods.
Look at Their Website
If you’re going to use a dropshipping partner, the first step is to make sure they have a professional website.
When people visit your site, you want them to be greeted by a clean, professional-looking website.
A reputable dropship should have an up-to-date website with information about the company and their products.
This will give you a good idea of what you might expect from working with them in the future.
Additionally, if the supplier has an online store that accepts payment through PayPal or another form of payment, this will eliminate any risk associated with shipping costs and returns.
Ask Them to Show You Products in Person
Before you decide to work with a dropshipping supplier, be sure to ask them to show you their complete product range.
It’s important that suppliers are able to offer you more than just the usual assortment of products.
They should also have a wide selection of products, which will ensure variety in your inventory and ensure customers have plenty of selections to choose from.
You should also take note of the supplier’s prices and how long it takes for them to process orders.
You want the supplier to be able to offer cheap prices on products so you can cut out expensive middlemen like Amazon or eBay.
However, you also want a supplier who can deliver goods quickly because with dropshipping, time is money!
Ask for Samples
Seeking samples of your supplier’s goods is a great way to gain a better understanding of what they offer and how they operate.
If you request samples, you’ll be able to test the quality of their products and make sure they’re happy to work with you.
You can also see if the supplier has any problems with the individual product that could affect its quality or your experience.
It’s a good idea to ask for samples from at least three suppliers in case one doesn’t work out.
Spending time vetting potential suppliers will make sure you don’t have any bad experiences before committing to working with them.
Estimate a Selling price (or Set a minimum)
Before you jump into sourcing dropshipping suppliers, you need to set a price point for your products.
This is the price that you will charge for your products and it should be high enough to cover costs but low enough to attract customers.
Decide on a minimum selling price.
To prevent yourself from getting stuck with unsellable goods, set an initial minimum selling price that the supplier agrees to sell goods for.
If they can’t sell them at this value, then it might not be worth your time working with them.
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Final Thoughts
If you want to sell your products on Amazon, a dropshipping strategy is an excellent option.
Many people are looking for ways to start their own business, and the rise of dropshipping has made it easier than ever to do so.
There are a number of ways you can use dropshipping to make money online, but the most successful methods will be those that take advantage of your niche market and provide valuable products for customers.
