We are as excited as you are too because it’s Winning Product Friday! If it’s your first time coming to our blog, you might be wondering what’s getting us pumped.
Well, Winning Products Friday is our weekly dropshipping digest where we share products that have caught on and are selling hot at the moment. Dropshipping these products is a surefire way to make lots of sales for your dropshipping hustle.
In today’s episode, we will like to talk about this Lying Duck Night Light product.
At first glance, you can’t help but notice that this product has amassed an impressive amount of orders: 5,335 and still counting!
Incredible, right? You can say that again. Not many products can achieve that feat.
And it isn’t even up to two months since we’ve been tracking this product. At this pace, it will likely cross 10K sales orders by May.
Notice how incredibly cheap this duck night light product is? It costs under $8.
That’s not even the most interesting part. Each time you sell this product, you will make roughly $22 in profits. Insane, right? Of course, it is.
Imagine just selling 100 units of this product in a month. That’s $2,200 in profits without keeping any inventory.
And if you thought $2.2K in profits is just a wild imagination that can never happen, think again. That’s because so far, stores selling this product have realized $158K in sales. $117K of that amount is just profit.
How did we arrive at that figure? Since it has an average profit margin of $22 and has grossed over 5,335 in sales, when you do the math, the total profit comes out at $117K.
Besides an impressive profit margin, you can also see from the screenshot that it has an excellent product insights rating of 4.1.
Product insights rating is a score we use to judge how desirable a product is to consumers and sellers.
Products with an insights rating score of 4 to 5 are the real deal.
High order volume, check
Impressive profit margin, check
Excellent product insights rating, check
Are those enough to decide if a product is worth dropshipping? Well, maybe not.
When researching a product to see if it is dropship worthy, you also need to check if it solves a problem. Besides solving a problem, it should be fanciful and not easily available in convenience stores. This is because you wouldn’t want to dropship products consumers can easily get from street stores.
In the case of this product, it solves a major problem for people, which is providing them with a portable source of light. It’s fanciful and not readily available in stores.
What does this mean? More sales for you!
Why this product?
Stability matters a lot in dropshipping. The reason is that you wouldn’t want to dropship a product that is selling hot right now but loses steam in a couple of weeks. Dropshipping such products can be frustrating and make you want to quit altogether.
Rather, go for products that have a stable demand trend – they don’t fade away that easily.
So how can you tell if a product has a stable demand trend? Simply by looking up the Order Trend chart from your admin dashboard here in SelltheTrend.
Have a look at this product’s Order Trend.
Notice how steep the curve is? It’s proof that the demand for this product isn’t fading away any time soon, so you can expect some stability.
Unfortunately, the Orders Trend doesn’t give any insights into what sellers feel about this product – Store’s Trend does.
Here’s the chart you will see when you switch from Orders Trend to Store’s Trend.
Excited already and want to jump right into dropshipping it?
First, you have to figure out how to attract potential customers to your dropshipping store. One surefire way to do that is by leveraging Facebook.
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:
2. This other one from Consolidatey-L
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.