Dropshipping is one of the most demandable online business models. Its popularity has risen to the point that the global dropshipping market size is forecast to reach $301.11 billion in 2024!
The reason can be attributed to simple setup, minimum upfront cost, ease of managing, access to global suppliers, offering personalized services, attractive facilities to the dropshippers and convincing profit margin.
On the flip side, the platform is fiercely competitive—for gaining traffic, followers, sales, ads, etc.
If you are planning to start your own dropshipping business, you need to have the right dropshipping business ideas to understand the products’ demand, competitors, target audience etc.
To help you smoothly launch, this article covers 10 business ideas for dropshipping, ways to do product research and some reputed platforms to find suppliers. Without further ado, let’s get started.
Discover Thousands of Winning Dropshipping Products in Multiple Niches
It allows flexibility and freedom to business owners in selling products and dealing with suppliers and buyers in a more personalized way. With just an online store, dropshippers can manage their store from anywhere, anytime.
How to Find Profitable Products for Dropshipping?
Products influence a dropshipping business’s success. So, finding the right product is important.
On that note, here are a few tips to help you choose products of the best categories for dropshipping.
Tip 1: Put Dropshipping Product Research Tools to Use
Manual research is an exhausting and time-consuming process. This is where product research tools come into play.
Using such a tool to find the most profitable products to sell online will help dropshippers:
Get all the required information
Find winning products
Analyze niche markets
Reduce costs for shipping, etc.
If you are looking for a product research tool, Sell the Trend is a popular one. It is an AI-based all-in-one platform for dropshippers, easy to use, and you can set it up in minutes.
From researching products, spying on competitors’ websites, and creating stores inside the platform, to finding winning products, fulfilling orders, and locating suppliers, Sell the Trend offers every type of feature.
Tip 2: Do Spy on Your Dropshipping Competitors
One of the shortcuts to finding the right product is to eye on competitors. check what other dropshippers are selling, especially the ones who are selling the products you plan to dropship. Check on:
What your peer dropshippers are doing
What products are they selling
What sales channel they are using
What’s their way of approaching the target audience
Please remember, you are exploring the competitors to have an idea to get started. So, do not copy from them.
Also, to do competitor analysis you can use tools such as Sell The Trend, Semrush, Spyfu, similarweb, etc.
Tip 3: Use Google Trends for Dropshipping
Google offers a tool, Google Trends, that can be used for product research. This is a free tool that offers insightful data.
Google Trends shows what people are curious about, what they search for, and what products get the most sales, and thus dropshippers can:
Check people’s interest over time and by region
Find information on relevant topics and queries
Locate areas where products are most popular
Compare different popular products
Dropship niches and best-selling products
Taking advantage of this information, dropshippers can sort out products they can drop ship.
Tip 4: Research Product Hashtags on Social Media
Social media is another vast platform to find the right products. Nowadays, many people are showing new products, making it easier to find the right business idea for dropshipping.
How can you use social media to find the right products?
One of the smartest ideas is to check the hashtags on social platforms.
Hashtags connect users, make things sell easier, and also open doors for dropshippers to find what products to sell. You can check hashtags such as #viralproduct,#TikTokMadeMeBuyIt, #trendyproducts, #dropshipping, etc, and watch videos and images to ideate for your business.
Factors to Consider While Choosing Product Ideas for Dropshipping
The market is filled with various types of products, some have temporary or seasonal craze, some have long-term demand or some products are frequently required.
Which ones should you go for?
Consider the following factors before choosing the right products.
Difficult to Find at Local Store
Want to stand out from the crowd?
Find unique products, for example, handmade or artisanal items.
One of the drawbacks of unique products is that they aren’t available in local stores. Finding such products helps gain customer’s trust, reduce competition, and increase profit margin.
Product Quality Matters
Online business lacks tangibility, which is why people easily get sceptical about products.
You are planning to reach a wider audience, right?
Then make sure to have products of the finest quality.
Many products have various down-graded qualities, especially for reputed brands. Refrain from selling that type of product. Low-quality products may get you a temporary profit but will harm you in the long term.
Find suppliers who can keep up with your requirements on quality.
Figure Out Dropshipping Market Value and Profit Margin
This is one of the strategies of entrepreneurs who have been in business for quite some time.
Each product has its unique demand and market value.
Market value is the total amount of that product.
Knowing this will help you understand the difference between demand and sale over time and its prospects.
So check the market value of your selected products. Consider your profit margin, targeted sales, and other criteria.
Product Pricing Strategy
You have to strategize your pricing structure as it accumulates cost, tax, and fees along with profit. So, put a conscious price tag on your products.
How can you price your product? Consider the target audience, business cost, taxes, marketing cost etc to put the right price for your product.
Right pricing helps your business run or stand in a safe position and makes way to maximize profit.
A Product That Solves a Real Problem
You can aim for problem-solving products, such products are specifically developed to solve a problem people face and give comfort. And people are willing to pay for the solution they need.
The Top 10 Ecommerce Dropshipping Business Ideas
There are a lot of potential products you can sell to make a load of profits. However, not all of them are worth the effort.
Knowing what products to sell for the e-commerce dropshipping business is important to stay active and make a profit for a dropshipping business.
To assist you there and run your dropshipping business smoothly, here we listed the 10 best trending dropshipping products.
1. Clothing & Fashion Accessories
The first one is clothing; a product of basic needs, fashion and style.
Though over-saturated and fiercely competitive, dropshipping clothes can make you money. You just have to really niche down to stand a chance of shining through the competition.
The global apparel market was valued at $1.74 trillion in 2023 and is expected to reach higher in the upcoming year.
Choosing clothing items to dropship is one of the options worth considering for dropshipping. Apparel items along with accessories to sell; are a worthy combination to dropship.
2. Pet Supplies
Did you know that in 2023, 66% of households owned pets only in the USA? Imagine the number of pet lovers in the entire world!
This is another considerable product idea if you are planning to dropship. There are many items for pet supplies such as Pet food, Pet Furniture, Cat litter, Dog/cat treats, Pet apparel, etc!
3. Baby Care Products
Baby products are like evergreen products; they will have demand forever. With a potential market value of 158.29 billion by 2032, this product is on our list for its demand.
The consumers of these products are parents, sane and conscious people; they mostly look for quality and comfortable products for their babies.
If you are choosing baby care products, decide what type of products you want to sell- the trendy ones or the regular ones. Also, ensure that you are sourcing products from a reliable platform.
4. Home and Office Interiors
Home and office decor items are another always sought-after product you can look forward to. These products have had a steady pace of 4.8% in the past few years— so you can expect demand for them to keep growing in the coming years.
Interior products include furniture and different necessary and decorative items of varieties, colours, and shapes. If you can ensure long-lasting and quality products with styles, you can catch customer’s attention and make a good profit out of your dropshipping business.
5. Home Improvement Tools
Aiming to ensure the best of their comfort, people are now highly aware, especially since the Covid-19 pandemic. So, the demand for home improvement tools is booming. From home appliances and security accessories to home enhancements- all these are having a good amount of sales.
As this product is always needed, you can bring new designs, dropship DIY home improvement items or sell regular ones to aid in home renovation, or remodeling to hook the potential buyers.
6. Kitchen and Cooking Supplies
Kitchen and cooking supplies are another market to look at if you are still trying to figure out the products to dropship. They are cheap to source, convenient to supply, and always in demand.
The kitchen products industry is bringing new variations, even by using the latest technology. From simple kitchenware to electronic appliances, the demand is always high.
But do not choose any popular products. Consider your budget, portability and security factors.
7. Beauty and Personal Care Products
People are now mostly concerned about their appearance and have an undeniable attention for cosmetic products. So, this is one of the good product ideas for dropshipping.
Beauty and skincare products are fast-selling products you can get into as a dropshipper to make money. Statistics say the global beauty and personal care product will be over $620 billion by 2025, the market value is really high. As they are cheap to source and in high demand, you can make good profits from selling them.
8. Mobile Phone Cases
With the widespread use of mobile phones and the launch of new models, mobile phone cases have and will have ongoing demand. These are another considerable idea for dropshipping businesses.
As the products are lucrative, dropshipping this product is promising and flexible. As for the supplier you can either find one or you can sell personalized phone cases by designing them yourself.
9. Eco-Friendly Products
If you are mindful of sustainability, you can start dropshipping eco-friendly products such as candles, canvas, and bags. Eco-friendly products are made of natural and recycled materials, have simple packaging, and ensure low amounts of waste.
Also, many consumers are aware of the environment and are switching to these products. So, eco-friendly products are worth considering.
10. Car Accessories
Last on our list of top dropshipping products is car accessories. This is another promising product; only in 2022, the global car accessories market was valued at over $522 billion.
Setting up a car accessory business is relatively easy– it’s not mandatory to have extensive knowledge regarding the accessories.
Also, dropshipping accessories for cars are quite profitable. Following the right approach, you can run a car accessories dropshipping business successfully.
What are the Best Websites to Find Dropshipping Products?
Now you know how to find products and what type of products you can dropship; it’s time to choose the right suppliers.
Finding the right supplier is important because it will help you run and grow your business smoothly and consistently.
Here are some renowned platforms where you can find reputable suppliers to start your dropshipping business.
All-in-one AI dropshipping platform Sell The Trend provides real winning products, insights, innovative product import solutions, order fulfilment, and many more. Its most effective feature is “The Nexus” which allows you to find a lot of items.
After selecting your desired ones, you will notice a lot of product-related information, like order details, price, profit margin, and more. From store management to promoting your store, dropshipping website builder, and others, you get awesome features in one platform.
Founded in 2010, AliExpress is unarguably one of the most popular dropshipping platforms on the internet up until now. It is one of the best online platforms that has umbrellaed thousands of wholesalers and suppliers to offer high-quality and trendy products to dropshippers.
You can buy anything on AliExpress at competitive prices. The only drawback can be the time delay as the platform is based in China. However, the platform is aware of this fact and is working in over 220 countries.
DHGate is another popular China-based platform that has numerous suppliers. The platform helps connect suppliers with their buyers around the globe with its diverse range of features and facilities.
Since being established in 2004, it has incorporated a huge range of suppliers. So, dropshippers can find good products at low prices here. One positive aspect of DHGate is that it offers white-labeled products, meaning it allows dropshippers to sell their branded products.
Sellvia is a relatively new place compared to the one we mentioned. The platform is reliable, as the impressive number of reviews shows. It is quite promising if you are looking to connect with dropshippers that are based in the US, as it has a warehouse in California.
So, sourcing products from Sellvia means your customers will receive their orders faster and won’t spend much on shipping. Dropshippers can take advantage of the platform’s ready-to-use resources, where there are product photos, descriptions, and marketing campaigns.
If you are looking to dropship fashion products or apparel items, Trendsi is one of the US-based reliable platforms. The only factor to consider is the platform offers clothing items for women. It sources products from reputed manufacturers and has a wide range of trendy styles of products.
Trendsi offers many facilities to the dropshippers, such as branded invoices, custom packaging, free returns, etc. It has an in-house photography team to capture product photos and aid dropshippers marketing activities.
FAQs about Dropshipping Business Ideas for Beginners
What are dropshipping ideas?
Popular dropshipping ideas to start a business include clothing such as menswear, women’s clothing, sportswear etc, fashion and jewelry items, pet supplies, baby care products, interior items, cooking items, etc.
Is it legal to drop ship?
Yes, the dropshipping business is legal. It follows the regulations and laws of the country in which the business is established and other copyrighted materials. So, the process is completely legitimate.
Can I drop ship for free?
You can drop ship for free to some extent. For example, using a free e-commerce platform to create an online store, finding suppliers for product sourcing, taking advantage of social media for promotion, etc. But doing everything for free won’t be long-lasting. Also, free resources have limitations on product selection, business management, and profit margin.
Conclusion
So there you have it: 10 dropshipping ideas for 2024.
Dropshipping business is easy to start and doesn’t cost much. But, it is important to use the right tool to make the most out of your dropshipping business.
To be on the right track from the get-go, use Sell The Trend to skyrocket your dropshipping journey.
Sell The Trend is an all-in-one dropshipping platform that allows you to automate your dropshipping product research and other repetitive tasks, connect with suppliers within and outside the US, automate order fulfillment and more.
Ready to try out Sell The Trend to see how it will help your business?
