How to select converting products to dropship on Amazon? Here are a few advices and a recommendation to let a pro to the market research. Running a business requires daily effort. You don’t need to spend eight hours a day working on your business but you’ll need to spend at least an hour a day on your store as you grow your sales. Each day, you’ll need to process orders so that products arrive to your customers promptly. You’ll also need to respond to customer inquiries within 24 hours (ideally less) so that customers can depend on you. Marketing efforts will also need to take place each day. You can automate your social media posting at the beginning of the week. However, you should aim to be active on social media daily. You’ll also want to make sure that your ads are always running.
When you’re going high ticket with the best suppliers, you’ll have pricing policies that set a Minimum Advertised Price (MAP). That means you can’t discount below that price to beat competitors. But you can convince people to buy from you by offering more than your competitors. You have to ask yourself what your customer wants or needs that is inexpensive and that they’re going to buy anyways. These are usually smaller accessories like a phone case when you get a new phone. For example, if you’re selling paddle boards, you could include an ankle leash or board wax. That way, when they’re shopping for that board and are comparing between you and your competitor, they’ll see the same price. But with you, they’ll get something more.
I recommend ShipBob, a YCombinator-backed startup. ShipBob does everything FBA (Fulfillment by Amazon) does, but better and cheaper. ShipBob doesn’t charge for picking or packing or warehousing. If that sounds too good to be true, their business model is that they negotiate cheaper volume-based rates for shipping, they charge you only what the normal postage price would be, and they keep the difference. They have a great API and integration with everything.
How to find the best products ? A few words about dropshipping market research. There are tonnes of online communities and forum that you can join and begin to do research through. Facebook has hundreds of open and close communities that can help you understand the needs and wants for people in certain areas of the world. If you want to limit your dropshipping business to a country or region you can restrict your research to groups in these areas. Alternatively, you can open your search to many different areas or just search for niche groups that have people from around the world in them. There are many worldwide groups and forums around areas like veganism, gardening, fitness, and so many other subjects the list is too long to note. Check these groups out and notice if products or problems are mentioned. If problems are discussed find a product you could sell to overcome this. Or you can let an expert to do the product market research for you while you focus on marketing or improving your website. Read extra details at Drop ship on Amazon.