Winning Products Friday Episode 191
Good to see you on another awesome episode of our Winning Products Friday, where we share insights into products that can make you a fortune if you dropship them.
In today’s episode, we will like to review this USB Charging Foldable Table Fan. So what’s special about this product and how did it make it to our weekly winning products publication?
Well, firstly, this product has raked up a fairly impressive amount of orders: 171 orders and still counting.
But 171 orders doesn’t look like much, you might be wondering. Yes, 171 may not look like much, but at least those orders have amounted to $8K in sales.
Interestingly, about $5,000 out of those sales is just profits! How did we come about that figure?
From the screenshot above, you can see that this product has an average profit margin of $28.97. Now multiply that by the number of orders it has generated and you will have a better idea of what we are talking about.
A product with such an impressive profit margin is a sure bet if you are looking for a product to make some cool cash dropshipping.
Besides an attractive profit margin, you can also notice that it has a good product insights rating of 4. Product insights rating is a metric we use to measure how desirable a product is to both buyers and sellers.
Products with insights rating of 4 and above are highly desirable. This charging foldable fan hits the perfect score of 4.
When deciding if a product is worth dropshipping or not, you need to look beyond the profit margin and product insights rating. It’s important to check the product’s capacity to solve a problem.
People often buy products for two major reasons: to solve a problem and to satisfy a craving.
In the case of this product, it solves a major problem for people, and that is helping them stay cool when the heat gets unbearable. Plus they can easily charge up the fan with a portable power bank.
Since it solves a major problem, you can bet a lot of shoppers will have an interest in it, so finding customers won’t be much of a challenge.
Why this product?
Stability matters a lot in dropshipping. Why so?
It’s possible to find a product that is selling hot at the moment but shortly after listing it on your website, the demand for it fizzles out. You definitely wouldn’t want to dropship such products because they might hurt your chances of succeeding as a dropshipper.
Rather, you have to go for products with a stable demand trend. Such products don’t fade off the market quickly, so you are sure of making sizable sales from them.
How then can you tell if a product is stable or not? Simple. Just check the Order Trend over the past few weeks or months.
Luckily, you can easily check a product’ order trend right from your dashboard when you sign up for an account with Sell the Trend.
Have a look at this product’s order trend:
Notice how sharp the upward slope is? It goes to show that a lot of people have an interest in this product.
Unfortunately, Order Trend only gives you a hint about how consumers feel about a product. It doesn’t say anything about sellers – Store’s Trend does.
Have a look at this product’s Store’s Trend:
As you can see, the trend also slopes upward sharply, indicating sellers are also interested in this product.
So far, The NEXUS, our AI-powered product research engine has picked up a total of 8 stores selling this product.
Excited already and want to start dropshipping this product?
First, you need to figure out a way to attract prospective customers to your store. And one sure method to use is Facebook ads.
But crafting a conversion-driven Facebook ad isn’t easy especially if you haven’t done it before. As such, it’s best to take inspiration from those who have done it before.
That said, here are some related Facebook ad campaigns you can take a cue from:
- This ad from Souvenir Emporium
2. This other ad
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.