Dropshipping
Top 50 Dropshipping Products to Boost Sales and Maximise Profit in 2024
As more people gain access to the internet and all the conveniences and lifestyle-improving facilities that it brings to the table, the eCommerce space is expanding just as rapidly, especially in developing countries like India, where this rapid growth is even more pronounced. There are plenty of homegrown startup eCommerce marketplaces that are now providing intense competition to industry leaders such as Amazon, Flipkart and eBay, and retailers are taking full advantage of all the tools at their disposal. Ultimately, the main goal of eCommerce selling is for a company to generate interest in their products among consumers so that they end up purchasing the items that they want and need. It is up to retailers to research their target market and supply the appropriate goods to fulfill the demand of their customers. If a quality commodity is promoted to the wrong crowd, in a different price segment than was intended, it is bound to generate little revenue than what it could if it was visible to customers who would actually buy it. However, this interest and the actual sale mean nothing without a proper means of delivering orders in the best possible way. Many eCommerce sellers have turned to dropshipping in recent years due to its cost-effective nature. In this blog, we take a look at what dropshipping is, the benefits of finding the best dropshipping products, 5 ways to be able to identify them and 50 of the top dropshipping products in 2024. Stick around. What is Dropshipping? Dropshipping is an eCommerce fulfillment mechanism that is contrary to traditional order fulfillment, where, instead of the company storing its own products and fulfilling orders by its own means or through the use of a 3PL fulfillment company, it relies on the manufacturer or vendor themselves to directly ship the order to the customer. One of the biggest disparities between dropshipping and conventional fulfillment is that the company doesn’t directly handle its own products. Similarly, the vendor that fulfills the order doesn’t actually own any of the stock. Their services are utilised by the retailer to be able to fulfill orders. While dropshipping does have its own benefits, it often takes much longer for customers to receive their orders. [contactus_lilgoodness] Benefits of Using Dropshipping Requires Less Initial Investment Dropshipping requires comparable less investment than other order fulfillment methods. While setting up an eCommerce business itself is much more cost-effective than setting up a conventional brick-and-mortar store, dropshipping doesn’t require product purchases unless a sale has been made to a customer and they have already paid. This significantly reduces the need for ordering large quantities of products and retailers can test the waters before they need to make any decisions. Relatively Easy to Setup Setting up an eCommerce company that doesn’t have to deal with physical inventory and worry about storing it is much easier than retailers that need to find their own warehouses or partner with 3PL companies to use their fulfillment centers and other services, which can drastically increase expenses. Sellers that use dropshipping generally don’t need to pay for a warehouse, packaging and delivering orders, keeping track of inventory, taking care of reverse logistics and repeatedly placing replenishment orders. Consists of Low Overhead Expenses Because many conventional operational costs are mitigated by using dropshipping, overhead costs of running a business become comparatively low, which enables retailers to start a business and operate it from their home as opposed to needing to set up an office space. Because no products or employees are handled directly by the seller, there is little need for anything more than a laptop through which they can operate their business. Can be Overseen From Anywhere Dropshipping products to customers is extremely convenient for retailers as they do not have to deal with any of the important operations themselves. As long as they have a stable internet connection and a laptop, they can oversee business operations from anywhere they want to be. All that they need to do is maintain consistent contact with their suppliers and more occasionally, their customers to ensure that everything is running smoothly and no issues have arisen. Access to a Diverse Product Range One of the biggest advantages of dropshipping is that sellers always have access to the top dropshipping products. If there are trending dropshipping ideas that are being utilised by other companies, it is easy for retailers to hop on the bandwagon if their supplier also produces those goods. Whenever new and improved products enter the market, sellers can simply list them on their website and start selling them. This ensures that they will never be out of fashion or risk their products becoming obsolete. 5 Ways to Identify the Best Dropshipping Products for Your Business Identify Trending Dropshipping Products One of the best options to be successful in choosing the best dropshipping products for your online store is to identify the current trending dropshipping products that are being sold on other websites or by other competitors. The best way to search for which products are trending is to use services such as Google Trends to check what customers are searching for the most. Since dropshipping products is a relatively flexible business, retailers can easily list those products on their platforms to stay relevant. Search for an Untapped Niche Targeting an untapped niche can be a great way to gain a competitive advantage and benefit from being early to the party. Selling the top dropshipping products in a particular niche that is still relatively uncompetitive is a great way for a business to cement itself as the undisputed go-to option for customers who are searching for dropshipping products in that niche. Examples of targeting a niche with dropshipping ideas include selling Christmas decorations in December and beach wear in summer. Research Your Competitors' Dropshipping Products A good way to identify which dropshipping products to sell and pricing strategies to implement would work for a particular company is to do some research on similar products that are sold by competitors. Additionally, it would be helpful to note which pricing bracket they are targeting and which products are doing well compared to others. Because of the vast resources of the internet, this research should only take a couple of hours at most. Browse Online Forums to Get Dropshipping Ideas The marketplace of ideas known as the internet has given rise to multiple forums and online communities where people can discuss a whole range of topics, including which dropshipping products to sell. Sites like Facebook and Reddit are littered with all kinds of eCommerce groups, some open and some requiring an invite, that discuss a whole range of matters relating to dropshipping products. Scrolling through these pages and filtering them based on location, type of products, price brackets and more, can help retailers get a good idea as to which dropshipping products would work best for them. Opt for a Research Tool to Find the Top Dropshipping Products Research tools for dropshipping products are software solutions that use a variety of algorithms and metrics to successfully provide useful data on a wide variety of different products, across industries and selling platforms. Retailers can use these tools to gauge the best dropshipping products to sell based on characteristics such as sales volume, order history, number of retailers selling the product and much more. There are many tools available in the market but Sell the Trend and Niche Scraper are some of the best. 50 Best Dropshipping Products for eCommerce Retailers to Maximise Profit Gaming Headsets With the video game market experiencing skyrocketing growth, especially after the onset of the pandemic with more consumers being indoors, it is estimated to be worth more than $200 billion by next year. Gaming headsets are one of the dropshipping products that are currently trending so they could be a good option to sell. Bluetooth Speakers With more and more people in the country listening to their favourite tunes through apps such as Spotify and Apple Music, dropshipping products such as Bluetooth speakers are in high demand, with a growth rate of 29% estimated between 2020 to 2024. Smartwatches Regular watches have become a relic of the past as smartwatches have taken a stranglehold on the watch market. Most smartwatches seamlessly integrate with phones to provide notifications, easy access to quick functions and health data. It has become one of the best dropshipping products for retailers. Wooden Watches One of the best fashion dropshipping ideas is wooden watches. Being the polar opposite of smartwatches, they have their own niche audience due to their eco-friendly nature and a predicted growth rate of 4% between 2021 and 2025. Muslin Blankets These blankets are made of muslin, which is a soft, breathable and lightweight form of cotton. They are available in a variety of colours, shapes and sizes and have become one of the fastest-growing dropshipping products. Teeth Whitening Kits With more people paying attention to their personal hygiene, teeth whitening kits have become one of the most popular dropshipping products in the healthcare space, with consistent growth since 2015 and an estimated worth of $7.4 billion by 2024. Hair Growth Serums This is one of the top dropshipping ideas as the global hair products industry is set to reach $211 billion by 2025. Hair growth serums are one of the most trending dropshipping products on Google Trends and could be a good niche to tap into. USB Charging Docks Everyone needs to keep their devices charged at all times. Although the market has seen its share of fluctuations, it is still estimated to be valued at almost $38 billion by 2025. Another plus point is that they are quite cheap and fast to manufacture. Baby Carriers With the population steadily growing, more parents require an easy way to carry around their newborns and baby carriers have been the answer. The numbers are steadily rising as per Google Trends. Smoothie Blenders Since the dawn of the health-conscious movement, more people have been looking for ways to quickly get their fill of healthy ingredients, which is assisted by these popular dropshipping products. They have shown an upward trend for the last couple of years. Organic Teas This is one of the most popular dropshipping products that is targeted at people who want to maintain healthy lifestyles. While there are many variations and flavours, the overall market is estimated to grow by more than 16% between 2020 and 2027. Bluetooth Headsets With most phone manufacturers committing to Bluetooth by making the headphone jack a relic of the past, Bluetooth headsets have become one of the most popular dropshipping products among gamers, video streamers and music listeners, which is most of the population and is expected to exceed $25 billion by 2025. Seamless Innerwear Seamless inner wear is one of the most untapped dropshipping ideas in the eCommerce market. It is innerwear that does not have any seams so it does not leave an outline on your clothes if you are wearing something skin-tight. Security Cameras With the world becoming a more dangerous place, many people want to protect their businesses and homes by getting evidence of anything suspicious if it were to ever occur. With the industry expected to grow by 8% by 2025, it is one of the most sought-after dropshipping products in the security market. Anti-Ageing Creams It seems that many people are worried about preserving their youth because this is one of the highest trending dropshipping products in the market. The anti-ageing industry is currently worth $58 billion and is expected to grow by 7% by 2026. Beard Oils This burgeoning market has gained steady popularity in recent years due to the revival of the beard as a symbol of masculinity. It is expected to grow by 3% by 2027. Yoga Mats This is one of the dropshipping products that is bought by the same health-conscious people that buy smoothie blenders and drink organic tea, which is clearly a lot as the market is set to grow by 8% by 2026. Yoga Leggings Yoga leggings, as the name suggests, are used for yoga but also for gymming, jogging and other physical activities. This is one of the dropshipping products that has gained popularity in recent years. Vaporizers Vaping has emerged as a healthier alternative to cigarettes and has gained massive popularity in recent years, given the estimated worth of $48 billion by 2024. Face Rollers It is an emerging beauty product that is made from crystals and supposedly has multiple benefits for the skin. It has become one of the most popular dropshipping products amongst fashion bloggers and influencers. Facial Masks One of the many dropshipping products in the beauty industry, facial masks have been popular for a long time and are considered a must in any respectable healthcare routine. Waterproof Bags They are good dropshipping products to sell as their demand has been steadily increasing. They are made of synthetic materials and have waterproof linings to prevent water from getting in, even if it gets wet. Insulated Bottles In an effort to reduce the use of plastic bottles, insulated bottles have become a popular alternative in terms of dropshipping products. Currently valued at $62 billion, it is set to grow by 4% by 2028. Electric Massagers Due to the emerging popularity of self-care routines, electric massagers have become popular dropshipping products, reflected by the steady growth of 6% a year. Matcha They are green tea leaves in powdered form and need to be mixed with hot water. Along with organic tea and other health dropshipping products, it has gained popularity due to a more health-conscious society. Sports Bras They have emerged as popular dropshipping products due to the constant promotion by celebrities and are no longer considered just sports or gym wear but a comfortable alternative to t-shirts that can be worn anywhere. Anti-Dandruff Shampoo With an increase in the number of people that are plagued with dandruff, dropshipping products like anti-dandruff shampoo have become popular and are expected to achieve 3% growth by 2024. Phone Cases Phone cases have been popular dropshipping products since the inception of the smartphone but are increasingly so nowadays due to the expensive nature of phones. The market is expected to be valued at $74.5 billion by 2026 in the US alone. Wiper Blades This seems like one of the more out-of-the-ordinary dropshipping products to sell. However, with the growing number of people who require wiper blades for their cars, it can be a good niche to tap into. Tea Tree Oils It is another option in the long list of healthcare dropshipping products. It is known for its antiseptic properties and aids in removing acne, bacteria and infections as well as a natural perfume, insect repellant and laundry scent. Tote Bags They are fashion accessories that can become good dropshipping products due to the increased popularity they have received in recent years due to the unique designs and patterns available. LED Lamps LED lamps have become popular dropshipping products due to the less electricity consumption they require. They also come in various designs and shapes. The market is growing at a rate of 13% annually. Sunglasses Sunglasses are dropshipping products that aren’t always on an upward trend but rather, experience seasonal spikes. It is still a good segment to get into. Men’s Grooming Products Men’s grooming products are also dropshipping products that experience seasonal spikes, especially around Christmas and other festivals which implies that men mostly take care of themselves during special occasions. Calligraphy Pens Calligraphy is becoming popular again and calligraphy pens are the dropshipping products that enable the ancient art form to be done in a more modern way. Eyelash Extensions Yet another feature in the beauty dropshipping products category, the market for eyelash extensions is set to reach $1.8 billion by 2024, which has been simplified with do-it-yourself kits. Artificial Flowers Fake flowers are popular dropshipping products for people who want to save money on special occasions. Another advantage is that they can be kept permanently, instead of withering up and needing to be replaced. Kid’s Tents Kid’s tents are trending dropshipping products in the children’s market. They enable kids to set up ready-to-use tents and play in them to their heart's content. Rice Cookers Rice cookers have become an essential household item for cooking rice as it doesn’t require any effort and always deliver perfect results. They have an upward trend on Google trends. Dog Toys They have become popular dropshipping products in the pet accessory industry and have multiple different shapes and sizes for every type of dog breed out there. Air Fryers Air fryers have garnered massive popularity since 2017 as they make fried food healthy without removing the taste. The market is set to reach $1.2 billion by 2026. Duvet Covers It is a household item that enhances the comfort of beds and couches. The bedding industry is expected to receive a valuation of $147 billion by 2028 so investing in it will be a great idea. Sleep Gummies They are a candy that is laced with melatonin, which is a hormone that regulates sleep. This product is gaining popularity due to the rise in insomnia and sleep levels across the world. Electric Toothbrushes They have been on an upward trend for many years and the market is set to be valued at $2,163 million by 2026. Capitalizing on selling electric toothbrushes can profit businesses immensely. Sports Tracksuits They have emerged as popular dropshipping products, not just for sporting events or active lifestyles but also as a comfortable alternative to pants for any occasion. Smartphone Tripods The capabilities of smartphone photography have increased exponentially in recent years and tripods provide a cheap way of getting even better-stabilized footage. Blue Light Filtering Glasses Blue light has a tendency to increase eye strain and cause headaches, especially since people are always in front of their screens, be it a phone, tablet or laptop. These glasses have become popular to curtail the effect of blue light on our bodies, reflected by the estimated 8% growth by 2026. Selfie Ring Lights They are circular lights that have been used by medical practitioners for years. However, these devices can be attached to a phone camera to balance out the lighting in low-light scenarios to provide better pictures. Wall Decals There are many uses for wall decals, whether it is a teenager trying to make their room look cool or couples trying to decorate their house. Either way, they have become popular dropshipping products over the years. Welcome Mat Almost every house has a door mat in front of it and is the first thing you see before you walk into the front door. The industry was worth $5.1 billion in 2018 and is expected to continue growing as homes will always require door mats. Conclusion: Fulfill eCommerce Orders With WareIQ While dropshipping may have a variety of benefits such as low setup costs, operational costs, additional flexibility and less strain on retailers, it is also frequently plagued with multiple drawbacks such as extended delivery times ranging from multiple weeks to months, quality control issues and poor customer support since the retailer isn’t directly involved in the shipping process. Dropshipping products is a smart choice for startups and companies that are still in their infancy. However, retailers that have enough capital to acquire their own storage or fulfill orders directly should definitely consider partnering with a 3PL fulfillment company like WareIQ for all their eCommerce requirements. WareIQ is one of India’s highest ranking eCommerce fulfillment companies that provides the whole spread of eCommerce services ranging from storage to order fulfillment and everything in between. Some of our most-utilised offerings include: Providing storage solutions through a network of multiple fulfillment centers and dark stores located across the countryGiving users access to our custom WMS that can manage and track inventory across multiple fulfillment centers and 20 plus eCommerce marketplaces, in addition to providing updates in real-timeOffering an app store with a slick user interface and various applications to enhance the productivity of various eCommerce tasksPartnering with more than 20 of the largest shipping aggregators in the country to ensure the shortest delivery time and most cost-effective rates for every order. [signup] Dropshipping Products: FAQs Which companies are dropshipping suited towards?Dropshipping is generally the most beneficial for small companies that are just starting out and are on an extremely tight budget since everything is taken care of by the vendor. What are the drawbacks of dropshipping?Dropshipping is often associated with delayed delivery, low-quality standards and poor customer service. Why is it necessary to identify the right dropshipping products?It is necessary for a business to find the right dropshipping products in order for them to be successful and generate sales. They need to do this by analysing the market, target audience, competitors and many other factors. What are the alternatives to dropshipping?Order fulfillment that is done either by the retailer directly or by partnering with a 3PL company is a common alternative to dropshipping. The retailer handles the merchandise directly and stores it in their own or outsourced fulfillment centers as opposed to dropshipping. What are the advantages of order fulfillment over dropshipping?Order fulillment has much shorter delivery times, has rigid quality control measures, provides order tracking to both the retailer and customer, and customers have direct support from the retailer which provides a better experience.
July 15, 2022