Profitable Niche When Dropshipping - Advice Needed

Free Member
munish.sharma1371
Posts: 5
Joined: 24 Nov 15
Karma: 
29 Nov 15 08:22:57 am
I am very new to the dropshipping business and needs some advice in picking up a profitable niche for a beginner. I have tried using the market research lab but most of the items that I found were branded electronics and software.

Right now I am listing electronic items mostly quadcopters on ebay and amazon from banggood dat com. However the margins are very less.

I would highly appreciate if anyone can guide me if there are any profitable niches that I can start with especially in this holiday season.

Thanks

Site Admin
fudjj
Posts: 5906
Joined: 27 Jul 07
Karma: 
29 Nov 15 07:38:24 pm
Hi Munish and welcome to the forum,

Dropshipping has it's advantages over other supply models, but competitive pricing usually isn't one of them. You have to bare in mind that when dealing on eBay, you're also competing against other dropshippers, as well as large wholesale buyers selling on tight margins, not to mention wholesalers themselves selling direct.

So you have to keep your expectations of what is a good margin when dropshipping, realistic. Of course some do better than others, but it comes down to a lot and lot of research to dig out those little gems where competition is low, but margin is high and sales are solid. It's a very difficult formula to find, but that in essence is what you are looking for with your research.

Cheers


Mark (fudjj)

Community Manager
SaleHoo.com

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