Winning Products Friday Episode 190
Good to see you on our 190th episode of our Winning Products Friday. Like we do every Friday we will share with you an amazing product that is selling hot at the moment in today’s episode. Dropshipping this product is one surefire way to amass a lot of profits for yourself.
And what product is that? It’s none else than this Lazy Automatic Stirring Magnetic Rotating Electric Mug.
How did this product make it to our list of hot-selling products to keep an eye out for? First off, it’s raked up an impressive number of orders so far: a whopping 7,159 orders and still counting!
And that’s not even the coolest part. Those 7,000+ orders have amounted to $204K in sales for shops selling this product. In fact, $170K of that amount is just profits alone.
Crazy, right? That’s a whole lot of money.
But how did we arrive at that figure in the first place? From the screenshot above, you can see the average profit margin for this product is about $24. That is to say, sellers make an average of $24 each time they make a sale.
Now multiply that by the number of orders it has generated and you will have a better picture of what we are talking about.
A product with such an insane amount of orders is definitely a hot seller you can amass a lot of money from by dropshipping it.
Here’s another interesting part about this product you probably missed: it has an excellent product insight rating of 4.3
Product insight rating is a metric we use to measure how desirable a product is to shoppers and sellers. Insights ratings of 4 and above are a sweet spot and products that fall in that range tend to perform well.
Maybe you don’t find the high-profit margin and insights rating convincing enough to dropship this product. We get it. Picking the right product to dropship can be nerve-racking and so you wouldn’t want to make a mistake.
But here’s the thing: this product offers some good value. It saves people the trouble of manually stirring their coffee. Plus, it can also cool their coffee down with just a tap of a button.
And you know, people like to buy products that solve a major problem for them. So you can expect to make a lot of sales from dropshipping this product.
Why this product?
You wouldn’t want to dropship a product that is hot in demand at the moment but fizzles out tomorrow. Doing so can ruin your dropshipping hustle even before it picks up.
To avoid this, it’s important to do some background research on a product’s order trend before jumping into selling it online.
Order Trend is a chart that gives you insights into a product’s market demand. Naturally, you will want to go for products with a steady rising order trend, as such products do not fade away easily in the market.
So what’s this automatic stirring product’s order trend like? Have a look at it for yourself:
Can you see the sharp upward slope? It shows that this product is really popular and a lot of consumers are interested in it.
The chart is also a testament to the fact that this product isn’t fading away anytime soon.
What about sellers? How enthusiastic are they toward this product? The one sure way to find out is by observing the Store Trend.
Here’s what the Stores Trend looks like:
Can you also see how sharp the upward slope is? This also goes to show that a lot of sellers are interested in this product.
So far, The NEXUS, our AI-powered product research engine has picked up 6 stores already selling this product successfully, with more still in the pipeline.
Excited already and want to start dropshipping this product?
It’s about time you started promoting it online.
And what better promotional strategy to use than Facebook ads?
Creating a Facebook ad that drives sales isn’t always easy, especially if you haven’t done it before.
What to do: take inspiration from those who have done it before. Or take some time to go through our virtual Facebook Master Course.
Here are some ad examples you can take inspiration from:
- This ad from Leelys
2. This other ad from 2nd Street is also fitting.
Ready to add this product to your store?
Sell the Trend makes it super easy to import products into your dropshipping store from Aliexpress or CJDropshipping, and you can do so with a few clicks of the button.
If you don’t have a store yet, you can easily create one using SHOPS, our intuitive drag-and-drop design editor that enables you to create stunning storefronts for your dropshipping business. It only costs $24.97 and comes with a free 7-day trial.
Ready to try out Sell the Trend?
Sign up for an account right away.