Find Profitable Dropshipping Niches?

Finding a profitable dropshipping niche is the stepping stone for the success of your business.
Not only will your audience revolve around it, but so will your business plan and marketing strategies. Yet, as simple as it sounds, there’s more to this than meets the eye.
 
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UrDarlingAngel

New Member
I agree! I recently bumped into this article and they said that I can start a business under $1000 if I have an e-commerce store. But the thing is, there's so much to consider, like what items will I be investing in, and the shipping process, and the branding, how much profit to put, marketing and stuff :(
 
There are billions of potential customers on this planet. And theoretically, you could sell anything to some of them as long as you've won over their trust. So I think the assumption that a niche is a must is overstated.

That said, the real issue that new dropshippers are running into is that it's a lot harder to find reliable suppliers where you can sell their goods at a decent profit margin, since the average customer is now very sensitive to cost/delivery thanks to Amazon/Walmart. Aliexpress suppliers have gotten wise to the dropshipping game in the US and are now either pricing their products accordingly or competing directly with the dropshippers on American marketplaces, which has really cut into dropshipper's margins. On top of that, 3rd party marketplaces have effectively banned dropshippers from using their platform, which makes it virtually impossible to get into the dropshipping without any overhead costs or little manual effort.

However, if you can somehow find a supplier that's willing to dropship items for you at/just above cost, you have the budget to build a professional-looking store and the money to advertise your product/store, dropshipping is still a lucrative way to earn money.
 
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five

New Member
Aliexpress suppliers have gotten wise to the dropshipping game in the US and are now either pricing their products accordingly or competing directly with the dropshippers on American marketplaces, which has really cut into dropshipper's margins.
You pose a great point here. And how can we know whether something is over-priced?

Nowadays I feel like a lot of products on Aliexpress seem to be priced at about how much someone would expect to buy it on Amazon. For example, this blanket hoodie:

https://www.aliexpress.us/item/3256805953619074.html

In order to get good margins, you'd need to sell that $25 item for $50-$65.

(Update: after coming back to click on the link the second time, the price is now $10 and it says there's a SuperDeal running now.)

When I'm dropshipping from Aliexpress, I find the discounts to be pretty worrying. Usually an item is only reasonably priced for dropshipping when it's discounted, so how can we know if an Aliexpress product will always be that same "discounted" price?
 
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