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Before we begin telling you which are the perfect winning products for dropshipping, we need to explain what dropshipping is and how it works. If you are reading this, you may be thinking about starting your own dropshipping business in 2023, or you may already have one, but don’t know how to find winning products to sell in your store.
Dropshipping has been one of the most successful business trends in recent years, Do you want to know how to earn money online without having any stock? Keep reading!
What is dropshipping and how does it work?
Dropshipping is a type of business where the seller has an online store, whether it is their own ecommerce or a store on marketplaces. When the seller receives a purchase, the wholesaler receives the order and sends it directly to the end customer (without going through the seller!). Of course, the package is personalised with the intermediary’s brand and information, hence the end customer is unaware that they are receiving it via dropshipping.
As you can see, one of the main advantages of dropshipping is the cost saving from warehousing. As a seller, you don’t need to store the products. Your supplier does it for you directly! This business model is a great option for entrepreneurs, since it doesn’t require as much initial investment as a traditional sales model. Dropshipping offers you the opportunity to build a solid business from, nothing more and nothing less than, your computer and the comfort of your own home. This doesn’t mean you don’t have to work to achieve success. But if you have the right supplier, we guarantee you that it will be a little easier.
Of course, dropshipping has both advantages and disadvantages. We tell you about the main ones below.
Advantages of dropshipping
It is easy to start: It is simpler to start your business, as you will only need… a computer and internet connection! The initial costs of setting up a dropshipping business are considerably lower than if you opt for a traditional business model. You need to launch your online store (this does require some investment), but you don’t need a warehouse or the costs associated with it, and you won’t need to worry about shipping.
So, although you can start dropshipping without having any experience (and acquire it as you go along), the best thing is to know how the market works and know about the tools or resources that can help you in your entrepreneurial venture.
Its scalable: By doing dropshipping, you can grow and test how your products work in the market quickly and easily. This is because the stock and orders are taken care of by a trusted supplier. You simply need to find the winning products that work for dropshipping and focus your efforts on selling.
Although dropshipping is attractive for many people, it also has its disadvantages…
We’ll tell you what they are!
Disadvantages of dropshipping
Lower margin: Dropshipping is a highly competitive market where people are looking to sell at very low prices. Given that your competition has low prices, you also have to lower yours, and this means your margin is lower.
A solution is to find winning products for your dropshipping business that are also niche products, so that there is not so much competition. That way, you will have more freedom when it comes to setting you product prices.
You are dependent on your supplier: Although, if your supplier is trustworthy, this is not a disadvantage. Its true that by outsourcing many of the processes to an external supplier, you lose some control over your business. The key, as we mentioned earlier, is to find the perfect supplier, one that will provide you with all the solutions you need. One like BigBuy.
Now we have told you about the pros and cons of this business model, let’s get to the part we know you are interested in finding out about: Which are the winning products for dropshipping in 2022? Are you ready? Let’s start the list!
15 Winning Products for dropshipping in 2023
1. Massagers
Who doesn’t like some relaxation time? Massagers are products that have gained popularity in recent years, whether as a gift or just to have them at home, most of us have one: Great for enjoying that relaxation time we so desire!
2. Shoe racks
If the pandemic has taught us anything, it is that a clean and tidy house always makes us feel better. That’s why sales of organising products have increased, particularly during lockdown. However, this continues to be an upward trend, so it is a good product to add to your catalogue.
3. Lunch boxes
Not sure which products to add to your dropshipping business? A niche that never fails is kitchen accessories, and even more so since the pandemic! Working from home substantially increases the time we spend at home and, therefore, the time we spend in the kitchen. Find out about this niche and everything it can add to your online store.
4. Sports belt
Health and well-being are increasingly present in our lives. Healthy lifestyle habits have become more important and are a priority in today’s society. For this reason, products related to the world of sport and health are continuing to grow.
5. Electrostimulators
As we mentioned in the previous point, today’s society is taking a special interest in staying healthy, strong and in shape. Electrostimulators are the star product to get the most out of your muscles. And they perfectly complement a balanced diet and physical exercise. This product is a must if you sell sports items.
6. Accessories for wine lovers
Corkscrews, decanters, aerators, drip trays, glasses, wine bars….the world of wine is vast and, for that reason, is a good niche to invest in if you are doing dropshipping or you are going to set up an ecommerce. Targeting this market is a great business opportunity, as buying wine and related products on the internet has increased exponentially.
6. Gaming
Selling gaming products is a safe bet, since gaming-related products have millions of potential customers. It certainly is a highly-relevant niche to bear in mind if you are thinking of dropshipping or setting up an online store. The increase in this product category grew when Twitch appeared in the game. This is a niche that will continue to increase for years to come….which doesn’t surprise us!
8. Folding tables
With the arrival of working from home, sales of home office related products has increased. In this case, we are talking about folding tables. An essential product if you are working from home and don’t have much space, or if you don’t always work in the same place.
9. Mobile phone accessories
This product category is a must on the list, as sales are always increasing. Also within this category, you can find lots of products that are easy to sell via dropshipping: from phone covers to holders…etc.
10. Vegetable cutter
Fashion comes to everything…even to kitchens! Cutters are kitchen tools that have become more popular in recent years. Impulse products that sell very well and that you really must include in your dropshipping store catalogue.
11. Waffle makers for those with a sweet tooth
Our list simply had to include the star products for those who love everything that is sweet: Waffle makers! This product became quite popular in 2021 and, as you can see, the trend continues to rise.
12. Reusable water bottle
Our society is becoming increasingly aware of the importance of looking after the planet. That’s why reusable products and, in particular, reusable water bottles have become so fashionable. You can take this product to the gym, to work, or wherever you like without wasting plastic!
13. Board games
Spending time at home has made us all become addicted to board games. It is a favourite way for spending time with family and friends. The trend for this type of product is an upward one, reaching the peak during the winter months and remaining stable after this.
14. Power Bank
We always have our mobiles to hand, and that means we need a wireless charger. A best-selling product that won’t hang around in your dropshipping store.
15. Yoga Mat
Yoga, Pilates, barre and fitness are the most popular sports for doing at home. This type of product reached a peak in searches during 2020 with the pandemic, although its upward trend is continuing in 2022.
Start your dropshipping business with these winning products
Before starting out in dropshipping, it is essential to know which products to sell in your online store. Now you know the winning products that you should to include in your dropshipping business, don’t waste any more time. Contact a trusted supplier!