How to select profitable products to dropship on Shopify
How to pick good products to dropship on Shopify? Here are a few tips and a recommendation to let a pro to the market research. nother dropshipping tip is to like your competitors on social media. Monitor their websites and social media pages regularly. By liking their page, you’ll start receiving their product and retargeting ads. Which products do they advertise? Does that product get a lot of engagement such as comments or shares? By monitoring and paying attention to your competition, you’ll know which products you should be selling on your store. When you pay attention to the types of posts your competitors add to their social media pages, you’ll know what type of content people within your niche really like — this helps make you a better marketer.
If you’re brand new with no testimonials or product reviews, it’s going to be hard to get sells. People want to hear what previous customers have to say about your business and products, that’s where social proof comes in. Without good reviews and testimonials, you’ll have lower conversions overall. The easiest way to get product reviews is by asking your suppliers for them. Don’t reach out to all of your suppliers, just focus on reaching out to suppliers for the products that are selling the best.
In every supplier-retailer dropship relationship, a myriad of details must be worked out in order for either party to see lucrative sales. Aspects that need to be considered include: How are product content and data managed, and how does it make its way onto the retailer’s site? How is inventory updated and synced to the retailer’s site? When orders are placed, how does the supplier receive that information? Who gets paid for what percentage of the sale, and when? How are items actually shipped—whose carrier account is used? How are returns dealt with? Obviously, dropshipping is a complex, multifaceted practice that necessarily means that retailers and suppliers are constantly exchanging data back and forth. To succeed then, the key is to always remember that dropshipping is a relationship between retailer and supplier, and it requires efficient communication, transparency, collaboration, and organization on the part of both parties.
How to find the best products ? A few words about dropshipping market research. Another great way to generate ideas of dropshipping products to sell in your online store is by looking at social shopping platforms. Social shopping sites are ecommerce enabled websites where the shopping experience is shared with a social network of people. Sharing can include liking, commenting, recommending or sharing products with others. The main premise for sellers on these sites is using others recommendations and influence to gain more sales. Look around these websites and discover how people use them. Notice how each store’s customer reviews are prominent and feedback is important to the UI. This makes it easy for you to research potential dropshipping products to sell in your store as you can quickly identify products that people love and are raving about. Or you can let an expert to do the product market research for you while you focus on marketing or improving your website. Read more info at Dropship on Shopify.
