Top 3 Niche Selection Tips for High-Ticket Drop Shipping: How To Know Which Niche Is More Profitable
I am going to discuss on how to know which niche is profitable.
Know the average price point as you are dealing with a profit margin of 10%-20$.
High average price point
- According to research, people will spend money online between $3,000 to $5,000 is your sweet spot.
-Some products have a lot of search volume and some do not have but it does not mean the product is not profitable.
There are 3 types of search:
- Generic Keyword
- Brand keyword
- Long-tail keyword (Brand name + Model + Generic Keyword)
Most number of suppliers
- Get 5 - 10 suppliers to be profitable.
Websites used to do the research