How To Find The Best Niche For Dropshipping
Imagine having a dropshipping store already built, with ads in identify and SEO thoroughly locked downwards, when search volume for "fidget spinners" did this:
Anticipating that spike would accept led to huge revenue – in the aforementioned way that winning the lottery leads to huge acquirement.
Instead of crossing our fingers in hopes of catching the adjacent fidget spinner, let's look at some more reliable and, alas, likelier scenarios for building a profitable dropshipping store.
We dug into some information to identify the dropshipping niches that take had the virtually sustained success over the past few years. Not the dropshipping niches with the hottest trends. Instead, the ones that have been the most consistent.
Whether you're a budding dropshipper or an experienced store owner eyeing something new, yous can use this data to explore ideas, products, and strategies that tap into the almost enduring niches.
Don't wait for someone else to do it. Hire yourself and outset calling the shots.
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What Is a Niche Product?
A niche product is something that is popular among a segment of customers within a larger audience. It is normally produced in smaller quantities, similar collector editions of figurines. When deciding a niche product to sell in your online store inquiry is very of import equally your marketplace is smaller than normal so getting it wrong tin can cost you a lot.
How Do You Discover the Best Dropshipping Niches?
Here'southward how we identified the height dropshipping niches and product ideas with the most sustained success. Note: We bribed our data team to do this – it's not something that can be done inside of Oberlo. But we're here to share the data, so let'south dive in!
Step ane: We nerveless data about sales made with Oberlo since 2016, and divided those sales into categories. Oberlo has 22 "Categories," and these are the near popular:
Stride 2: We then practical these time filters:
January 1, 2016 – December 31, 2016
January 1, 2017 – December 31, 2017
January 1, 2018 – April 25, 2018
(Clearly the 2018 data is lighter than the other years… but we just couldn't wait.)
Step 3: Next we pinpointed the categories that accept the nearly orders twelvemonth after year. Here they are, with i being the best.
Pace 4: Nosotros identified the dropshipping niches that had the virtually orders within the most popular categories. These niches make upwards the umbrella categories. And then "Action & Toy Figures" is 1 of 12 niches that make up the "Toys & Hobbies" category:
This analysis will evidence usa:
- The most popular acme niches in 2020
- In the almost popular categories
- Over the longest periods of time
In other words, these are the well-nigh consistent dropshipping niches over the bridge of two-plus years. They are as well a skillful bet to thrive for the next two-plus years.
The Highest-Performing Categories
Here, again, are the top x categories:
A few notes about these results.
- Women's Clothing & Accessories ranked No. 1 in 2017 and 2018. It's on fire.
- Beauty & Health was ranked No. 9 in 2016; No. 2 in 2017; and No. 3 in 2018. High-performing dazzler products include:
- Facial Sprays
- Eye Liner
- Mascara
- Lip Liner
- Concealer
- Highlighter
- The Watches category comes in at No. seven hither, which might not appear all that spectacular but actually is. Watches isn't about as broad as these other categories. Women's clothing, for example, contains items ranging from accessories to sweaters. Watches is only… watches. In that context, watches, which ranked in the top 10 each yr, is a dropshipping product to keep in heed. At the very least, information technology can be incorporated into a store that features categories similar women's or men'south clothing.
At present allow's put the best performing categories nether a microscope and look at the specific dropshipping niches that are fueling their success.
Dropshipping Niches in Women's Clothing
Permit's beginning with the reigning 2-time champion – Women's Habiliment & Accessories. There are lots of dropshipping niches that autumn under women's clothing, including some don't move the needle much – like, say, Bodysuits and Jumpsuits.
There are, nevertheless, some annual winners.
- So, aye, Intimates. This No. 1 ranking is no fluke. Intimates had the about orders of any dropshipping niche in whatsoever category in 2017, and it's on track to do it again this year. If you aren't sure exactly what the Intimates niche covers, information technology's the sort of stuff:
- Accessories is a broad dropshipping niche that includes products ranging from headbands to scarf clips to gloves. Lots of small stuff, basically. The boilerplate order value on accessories won't be as loftier as, say, dresses, just it's a dropshipping niche that has a track tape of high-volume orders.
- Bottoms is a wide niche whose ranking has increased each of the past ii years.
Dropshipping Niches in Jewelry
Women's Clothing & Accessories may be tops, just Jewelry has enjoyed plenty of success as well. This category has finished no lower than fourth during our three-year window, and it was No. i in 2016.
Let's take a expect at the best dropshipping niches inside Jewelry.
- Necklaces & Pendants is the niche that performed best each year. Products within this niche are especially cheap for merchants. Lots of the time you could charge $ii and savour a 100% markup. Couple them with matching earrings and you can enjoy an even healthier turn a profit margin when you sell jewelry online.
- Bracelets & Bangles was second place each yr, and actually came pretty close to passing Necklaces & Pendants in 2017. If yous're not familiar with bangles, they're a blazon of bracelet often associated with India, Nepal, Bangladesh, and other Southward Asian countries.
- Rings are a mainstay in the tiptop iii of the Jewelry category. This is yet another dropshipping niche that is inexpensive for you and popular for shoppers.
Dropshipping Niches in Abode & Garden
Home & Garden is where you'll observe items for your flowers, your living room, your bedroom, and more. There are plenty of products that volition earn a chuckle, and also some applied items designed to make your customers' lives easier.
Here are the dropshipping niches inside Home & Garden that have had the most sustained success since 2016.
- Domicile Decor has been solid for years. This niche includes items that add some life to your home, from gag decals for your toilet to fun scratch-off maps.
- The Kitchen, Dining & Bar niche is a combination of fun and practical. Fun like gag mugs, and practical like pineapple cutters.
- The Arts, Crafts & Sewing niche gives the states a skilful excuse to discuss the dissimilar filters yous tin can utilize inside Oberlo. Hither, you'll see that the "Sort by" filter is set to "Lowest price."
Meanwhile, hither is the aforementioned niche, but with the filter set to "Order count" – that is, the products with the almost orders appear first. The products nosotros see are totally unlike. The first filter gives us a handful of products that all cost $1 or less. The second filter shows us tapestries and a "Rose Wish Bottle Handmade Eternal Never Withered Flower." (We'd probably desire to tweak that product name when we import it into our store.)
Dropshipping Niches in Beauty & Health
Appearing in the top three nigh popular categories each of the final two years, Beauty & Wellness niches can roughly be summed up as "stuff you lot'd notice in your bathroom." Hair products, makeup, facial massage rollers, and other things to continue people looking and feeling their best.
- This isn't "Health Intendance" like medicine and surgical tools. Instead, popular items include ear wax removers, anti-snoring apparatuses, posture correction belts, and other miscellanea.
- Makeup is more straightforward. Loftier-performance makeup products include lipstick, imitation eyelashes, powder brushes. This dropshipping niche is of class somewhat restricted to women, only that hasn't stopped information technology from placing in the top three Beauty & Health niches iii years running.
With some of these products, it's extra important to be careful with product descriptions. Anything that deals with health and physical well-being requires attending to particular – no wild promises. This foot and muscle roller, for example, is pop, only if you sell information technology in your shop, you might want to dial back the out-of-the-box description: "Meliorate claret apportionment and boost lymphatic drainage, requite your metabolism a kick-start… treat headaches and migraine, offer good relaxation and regulation for your body, etc."
How Do Y'all Find Profitable Niches?
The information that we included above is a great way of finding a profitable niche merely if you are looking to run a dropshipping shop that you are proud of and motivated to manage you need more than than just data to make up one's mind your products.
- The first step to finding a profitable niche would be to look at what you lot enjoy doing. List your hobbies and interests and utilize this as the foundation of your profitable niche.
- Side by side, inquiry your interests and detect a gap in the dropshipping market for a niche product. Think almost what you savor buying and that you believe in. This will make it easier for yous to sell and market equally you lot know a lot well-nigh information technology already.
- Apply the above data to notice the right profitable niche for you and discover products in Oberlo to sell in your online store.
It is of import to believe in the products that y'all sell, and also to sympathise the marketplace as this will help you go profitable. You lot volition know the lingo to include in product descriptions , and you volition identify with your target market enough to know what they want to hear in your marketing collateral. Starting your online dropshipping store is not an easy task just having the motivation to sell your merchandise will continue you lot going every day.
Conclusions on Dropshipping Niches
The information we looked at today doesn't testify us everything. For case, we didn't look at high-performing niches inside of low-performing categories. We also didn't look at niches that performed poorly in 2016 and 2017, and are now pointing upwards in 2018.
In that location are more gems out there than discussed in this mail.
Merely as you lot think nigh what you can sell at your new shop – or maybe what you can add together to your current store – keep these niches in heed. They have been moving the punch for years.
Desire to Learn More?
- 10 Unique Dropshipping Products to Sell
- What Should Yous Sell Online?
- The Biggest Dropshipping Niches in the Biggest Markets
- All-time Dropshipping Products to Sell in Spring
Source: https://www.oberlo.com/blog/dropshipping-niches
Posted by: reedyhadis1955.blogspot.com
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