Struggling to find an at-home earnings opportunity with a proven-to-work business model?
Ready to learn how you can launch your own work-from-home cash cow from the comfort of your own residence?
If so, grab your cup of coffee and prepare for a good read as we go over the step-by-step measures required to become a seasoned drop shipper (particularly, with Ali Express).
As a 15-year internet marketer, business owner, and solo entrepreneur, I?ve tried and tested a plethora of money-making strategies. Now, you?ll be able to succeed from my experience through learning how to dropship like a PRO, and, how to find the RIGHT products to sell.
Dropshipping is one of the hottest at-home business trends of 2019, and for good reasons too!
For one, as a drop shipper, you\’re NOT required to keep products on-hand or in stock; ever.
Rather, you will sell pre-selected products in your store (on your eCommerce website) and will pass your sales on to your supplier; whom of which will package and ship orders on your behalf to your customer(s).
Second, based on industry averages, you can expect to earn around 30% profit per sale. In some cases, this could be lower, and in others, HIGHER.
To become a successful dropshipper there are initial steps to take:
- Research the niche you want to work within
- Find a trusted third-party supplier (speak to them review their AliExpress ?feedback?)
- Choose products from the supplier to sell
- Launch an eCommerce website and import your vendors? products
- Promote your store using SEO & Social Media
These steps, when done right, will put you on track to becoming a sucessful drop shipper within a few weeks.
One of the significant factors that will influence the success of your dropshipping business will be the selection of products you choose to promote.
Ideally, the hand-selected products you choose to advertise will have high search volumes and low SERP competition. I, personally, go for buyer-intent keywords with no less than 1,000 monthly searches
This write-up will teach you how to choose the best AliExpress products to promote and will give you great oversight on what to expect from operating a dropshipping business.
Based on my personal experience (from being in the dropshipping space for over ten years) it?s safe to say that I?ve learned a thing or two when it comes to determining which AliExpress product(s) are and aren?t worth promoting.
When conducting product research, there are many item characteristics to assess before deciding to give that product a thumbs-up.
Below, you?ll find ten techniques I used to discover profitable products to sell when I first went to start a dropshipping store in 2019.
Characteristics of a BEST SELLING Product
1. Good Profit Margin
First and foremost, you need to make sure the products you choose will yield worthwhile profit margins. Ideally, you will drop ship products with a 60%+ profit margin.
If you make the unadvised choice to promote products with a smaller margin or profit, your dropshipping success will come down to the ?quantity? of sales you can generate.
2. Market Research
Business, in general, can be volatile, but you want to give yourself the best chances possible of finding success with dropshipping. This is why it?s immensely important to understand your market and to confirm that there are ACTIVE buyers out there for your products.
You may choose good products to promote, but you need to ensure you?re diving into a market where prospects are need what you?re selling.
3. Produced By Quality Manufacturers
Not all product manufacturers and AliExpress wholesalers offer top-quality products. Sometimes, items can be low-quality and not up to par which is why it?s vitally important to review the feedback received by the AliExpress vendor you?re considering.
Assess the reviews, see what others are saying about the ?quality? of received products, and use this information to select a vendor that you can trust to ship quality products to your customers.
4. Unique/Needed Products
Just as with ANY other retail or eCommerce business model, it?s success-critical to offer in-demand products that your potential customers will need.
For ideas, you could research other Ecommerce stores within your niche to see if they have a ?Best Selling? category. If they do, you can see which products are selling the most at which point you?ll want to inquire with your vendor or Aliexpress to see if similar products are available.
They may not be the SAME brand, but if the quality is decent and the price is right, you could drop ship these items at cheaper rates than your competitors and still save your customer money.
5. Easy To Ship
As we previously notated, drop shippers aren?t required to ship products themselves. However, in some cases, depending on the supplier and their shipping policies, you may be required to cover the cost of the product in addition to shipment.
Because shipping fees impact the bottom line, inquire with your vendor to see if free shipping is offered to determine how you need to price your products.
If you?re advertising ?Free Shipping? to your customers, bear in mind that it may not be free for you.
6. Affordable/Wholesale Products
In a majority of cases, you?ll be able to acquire products at what many consider to be a wholesale price. I?ve been an AliExpress member for years, have ordered from countless vendors, and have done exceptionally well due to the incredible deals I?ve come across.
One of the biggest bits of help to dropshipping is the fact that we, as in ?you? and ?I?, have access to such a marketplace (AliExpress).
Affordability, while relative, is something I always take into account. Typically, when searching for a new product to dropship, I will review at least ten unique sellers to compare pricing and shipping options so I know I?m receiving the absolute best value possible.
Characteristics of the WORST Products to Dropship
1. Copyrighted Items
Copyrighted and/or branded items aren?t recommended dropshipping items.
Selling a replicated (such as a knockoff Rolex watch) or copyrighted product increases the rate in which you?ll experience difficulties with clients (and the law).
Just one single negative feedback can be damaging to the face of your business, so you want to avoid selling replicated items and/or products that are copyrighted by corporate entities.
Selling copyrighted or replicated items also makes it increasingly more difficult to reach buyers. Such items are usually prohibited on social media platforms (which limits your marketing and outreach).
2. Potentially Harming
There are import laws that govern which products can and can?t be brought in to the states. Possibly harmful or toxic products could be seized by customs and never delivered to your customer (resulting in a refund).
In the dropshipping business, because the vendor is the one responsible for shipping, it can become quite messy if the customer doesn?t receive the product and requires a refund. One sure-fire way of avoiding this is to sell products that in no could be deemed as harmful.
3. Heavy Items
While shipping fees are typically incurred and added on for all international-shipped orders, you don?t want this cost to increase any higher than it needs to.
This is why it?s essential to keep the weight of the products you?re selling in mind as the heavier the shipping weight, obviously, the higher the shipping cost will be.
Keep this in mind as you?re choosing your products and pricing your eCommerce catalog (because these shipping costs will come out of your pocket if customers are receiving cost-free shipping).