Best High-Ticket Dropshipping Suppliers
Best High-Ticket Dropshipping Suppliers
Dropshipping is a lucrative business. It’s by far the best form of an eCommerce business that ensures faster returns and requires minimum capital. Unlike any other businesses, dropshipping doesn’t require you to invest in massive inventory and hire numerous staff. Instead, you can sell products without handling the products directly. Essentially, you become the middleman between the manufacturer and the end customer. You earn from the margins that you set for each product.
High-ticket dropshipping is the better version of dropshipping. It involves selling only high-value products (those around $1000), which gives you more significant profit margins and bigger revenue. These products typically include furniture, jewelry, gadget, etc. You can check this blog to know more about high-ticket dropshipping.
If you’re looking to start a business that will allow you to sell products without ever stocking the items themselves, then dropshipping is for you. However, dropshipping doesn’t always work perfectly. Since this kind of business relies heavily on item fulfillment, it’s essential that you only work with reliable suppliers. Many dropshipping businesses fail because they don’t have credible suppliers; thus, their customers get agitated with either the service or product quality. For instance, one supplier can repeatedly screw you over by delivering damaged / wrong items to your customers. We all know how this scenario goes, and it’s a nightmare for every business owner.
In this blog, we aim to help you find the best high-ticket drop shipping suppliers, so you don’t experience this nightmare. But before talking to an actual supplier, your store must be set up already with all the necessary details. Here’s what you need to get started in High-ticket dropshipping.
Qualities of the Best High-Ticket Dropshipping Suppliers
Expert Support Staff
When a customer asks you about product specifics, and you happen not to know the answer, you’d want to have an expert back-up. Here’s where the expert support of your supplier comes in. Plus, you only want to work with those who know what they are doing and excel in what they do.
Strategic Central Location
Finding a supplier that has a warehouse that is centrally located in the US will generally define your delivery time. For instance, a supplier in Los Angeles will take seven days to get to New York when they ship, while a supplier located in the Midwest somewhere like Salt Lake City will probably take three to four days to ship to the East Coast and West Coast. Having a central location will help standardize your shipping process.
Fast Order Process
In dropshipping, you’ll be working with suppliers most of the time to manage and process orders. When done manually or traditionally, it will take up much of your time and effort. But, to make your life easier, find a supplier that accepts purchase orders via email or even through Shopify fulfillment, so get things done faster.
Dealing with a traditional might be difficult in this digital age. Every entrepreneur has a hectic schedule, so you’d want to work with a supplier with excellent efficiency and can organize your orders correctly. You will save a lot of time and effort when you follow this tip!
Reliable Delivery Service
Of course, you need to choose a supplier that offers a reliable delivery service. The customers will not care even if you have a rock star product if you can’t deliver it on-time and in good condition. So, from the very start, ask your potential supplier about their delivery service; it will undoubtedly save you from headaches in the future.
Accepts Credit Cards
Another way to check efficiency is if the supplier accepts payment through credit cards. In choosing a supplier, you have to consider the “before, during, and after” transactions, including payments. For payments, other suppliers still prefer wire or ACH transfers. However, it would be best to look for a supplier that allows payment through credit cards. Why? Simply because you wouldn’t want to miss the benefits and rewards from your business credit card. Here’s our list of the best business credit cards for high-ticket drop shipping.
Now that you understand the essential qualities of a high-ticket drop shipping supplier let’s now check the most popular dropshipping suppliers...
How To Find The Best High-Ticket Dropshipping Suppliers
When looking for a supplier, the best practice is to go straight to the manufacturer. To do this, just go to Google Shopping and search for your target product, for example, massage chairs; type in “massage chair drop shipper,” and you will see all the niche sites that sell massage chairs. From there, you’ll be able to check if any of those niche sites don’t have a physical store or warehouse. If so, their suppliers are certainly drop shipping for them and are likely to drop ship for you. If you don’t have a product yet, check out these top 99 products for high-ticket drop shipping.
Going straight to the manufacturers is the best way to source out products. The reason is that they will give you great pricing so you’ll have better margins. Finding the right manufacturer will take some time, though, and many manufacturers are selective on who they want to deal with directly. But no worries, there are simple ways that you can do to enable you to land a deal with the top manufacturers for your niche.
Keep in mind, though, that before you tap any manufacturer, your business storefront should be ready, so they get a sense of credibility and professionalism. The major mistake that you can make is to talk to a manufacturer with nothing in place yet. To get started, here are the things you need to set up in high-ticket dropshipping.
Dropshipping Supplier Directory
If you need a hand in discovering suppliers for your niche, signing up with a supplier directory might be the best choice. There’s a variety of high-ticket dropship supplier directories out there, which you can avail of for free or for a minimal charge.
Here are the top 3 dropship supplier directories that I recommend: Wholesale2b, Salehoo, and Inventory Source.
Salehoo is an all-in-one dropshipping toolkit that connects you to thousands of suppliers in a single platform. It’s known as one of the best supplier directories for dropshipping, housing over 8,000+ suppliers and manufacturers with over 1.6 million products on its platform. Its subscription pricing is $67 for an annual plan and $127 for a lifetime plan. To give you a better understanding, here’s a more in-depth review of Salehoo.
Wholesale2b offers an automated dropshipping solution that integrates dropship products from top dropshipping suppliers and syncs your inventory, orders, and tracking. Throughout its 15 years of existence, the company sold over 100 million products and helped over 180,000 drop shippers, making it one of the go-to options for dropship suppliers. Wholesale2b offers a FREE account that allows you to access over 1 million products. Click here to learn more about Wholesale2b.
Inventory Source is a dropship, inventory management software & integrated supplier network. It lets users upload products, sync inventory, and manage orders with dropship suppliers. Moreover, it allows you to integrate suppliers’ inventory to over 25 online stores, marketplaces, and other multi-channel management platforms. To date, it has over 200 suppliers on its platform. For more information on what Inventory Source can offer, click here to read my review article.
Generally speaking, I do not recommend you to find suppliers on AliExpress for various reasons, especially if your market is in the US. For one, the delivery time is longer, and two, it may not be sustainable in the long run.
Essentially, these are your top choices in sourcing out products for your high-ticket dropshipping business. By considering these factors, you’ll indeed have a good foundation in your business. If in case you have not decided yet on which product to start with, you may request a free niche list here, and for sure, you’ll find something of interest to you.
If you’re currently lost on where and how to start your venture into the dropshipping business, try signing up for dropshipping classes that will surely guide you in your journey into the eCommerce world. Here’s one high-ticket drop shipping masterclass that I recommend from one of the best high-ticket drop shipping coaches out there.
There you have it; you already have a brief overview of how to effectively select your supplier and the steps on where and how to find them. I hope you take note of the key takeaways from this blog, and if so, you’ll be well on your way to building your 7-digit high-ticket dropshipping business in no time.
eCommerce Paradise was created by Trevor Fenner of Seattle, Washington in 2015 to help you, the entrepreneur, to start and scale your own eCommerce business. Trevor owns multiple 7-figure eCommerce stores and is a digital nomad, traveling the world while working remotely with the help of his team of virtual assistants from around the world. Trevor is currently located in Bali, Indonesia, and is a passionate skateboarder, surfer, scuba diver, photographer, environmentalist, outdoorsman, fitness and tattoo enthusiast.
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