The Formula to Finding Low Cost, High Profit Products for Your Online Store (Dropship + Wholesale)
Today we're sharing the formula to finding low cost + high profit products for your online store!
When dropshipping or wholesaling for your online business, finding products with a high profit margin is extremely important for profitability.
There's actually a few really effective ways to find these these types of products.
Watch the video and let us know if you have questions in the comments!
📝 More on finding low cost, high profit products: https://www.salehoo.com/blog/low-cost-products-with-high-profit-margins
📚 250 Hot and trending products to sell online: https://www.salehoo.com/dropship/trending
🚀Try out SaleHoo: https://www.salehoo.com/
Create and sell your own designs, without ever holding ANY INVENTORY!
Watch this video to learn more about Print-On-Demand and how you can start your own business today!
Got a question about dropshipping? Send us a message and join the community!
www.SaleHoo.com
How to choose a perfect product for e-Comm
The key to a bestselling product in 2021? Branding✅
Sarah from SaleHoo and guest @Sheslaurenlee talk about how to choose what to sell in your online store + secret tips for that will make your product stand out.
Full episode available on our IGTV!
www.Salehoo.com
The 4 Step Checklist For A Perfect Dropship Product
💥There’s 4 IMPORTANT FACTORS to keep in mind when looking for a winning dropship product.💥
1️⃣Not dominated by major brands - research your competition.
2️⃣Small and lightweight (under 4kg or 4.4lb).
3️⃣Non-seasonal and in demand year round.
4️⃣Retails between $15 and $200.
If you think you’ve got a product in mind, check out our blog this week on how you can start a dropshipping store in 5 easy steps!
https://www.salehoo.com/blog/how-to-start-a-drop-shipping-business-in-5-easy-steps
Conversations with an Entrepreneur Ep 9: Leslie Lazaro - Amazon Dropshipping
Conversations with an Entrepreneur Ep 9: Leslie Lazaro - Amazon Dropshipping
"An entrepreneur's biggest challenge is their mindset."
In this week's episode, Amazon Dropshipping entrepreneur Leslie Lazaro takes me through the challenges and payoffs of being an e-Commerce business owner, PLUS some insider tips on how to choose a winning product for Amazon.
Be sure to watch to the end and follow SaleHoo for more exclusive e-Commerce content!
www.Salehoo.com
Save $$$ This Tax Season with a Reseller's Tax Permit!
If you’re a US-based seller, it’s important to get what’s called a reseller’s permit - AKA a reseller’s license. This is different than a business license and a lot of sellers don’t know about it.
A business license gives you permission to open a business in a state or county. A reseller's permit lets you buy and resell goods without paying sales tax.😎💰
A reseller’s license is actually really easy to get.
First, look up which states you need a permit for. If you have an office in one state and storage facilities in several other states, you will need to apply for a Reseller’s Permit in each of those states.📍
Second, get the necessary documents ready. Typically you’ll need your social security number, ID, business information, bank account information, and names and locations of your suppliers.🗂
Then apply! You can do this online on your state’s business directory website or in person at a registry.👍🏼
For more info on reseller permits, check out our blog this week, written by our eCommerce expert, Gina!
https://www.salehoo.com/blog/how-to-get-a-reseller-license-sales-tax-id
Conversations with an Entrepreneur: Ep 7 - Juan Chavez the CEO🌎
This week, Sarah meets Juan Chavez, a self-made multi-business owning mogul originally from NYC, now based in Medellin, Colombia.
Listen to the story of how Juan utilized eCommerce to expand his business in the auto industry from a local, to a global business.
Interested in more? Follow us and subscribe to our free eComm newsletter below!
www.Salehoo.com
Grow Your E-Comm Business For Free With These 3 Tips
😍3 Ways To Grow Your eCommerce Presence For FREE!😍
Digital marketing doesn't have to be pricy! Here are 3 free strategies that you can implement to grow your business right now:
1️⃣Social media shoutout trades.
2️⃣Blogs and forums.
3️⃣Email Marketing.
For more digital marketing tips, check out this week's SaleHoo blog:
https://www.salehoo.com/blog/how-to-get-traffic-to-your-ecommerce-store
How to Check if Your Dropship Supplier is LEGIT
Working with a new dropship supplier? Do THESE 3 quality checks! ✅✅✅
1. Do a Google search! This step is so simple, it often gets overlooked. Make sure you don't miss any red flags that can easily be found on Google.
2. Order product samples. By ordering product samples, you’re able to not only see the quality of the products for yourself, but you are also able to see how quickly your order ships.
3. Have a chat with their customer support! By asking questions and talking to a new supplier, you can get a sense of their professionalism, communication abilities, and whether or not they are reliable.
Want to get started on your next online business? Head to www.Salehoo.com for thousands of pre-vetted suppliers!
🇺🇸3 Benefits of Using an American Dropship Supplier🇺🇸
1️⃣ Higher quality products.
2️⃣ Shorter shipping times within the USA.
3️⃣ Easier communication in English.
For our insider scoop on American suppliers and a verified USA supplier list, check out this week's SaleHoo blog:
https://www.salehoo.com/blog/finding-american-dropshipping-suppliers
4 Expert Tips for New Dropshippers
🔥4 EXPERT TIPS FOR NEW DROPSHIPPERS🔥
1️⃣Don’t compete solely on price: Instead of thinking about how you can lower the price of a product, think about how you can communicate your brand’s value, and demand a higher price.
2️⃣Get specific with your niche: Instead of selling yoga gear, consider selling plus size yoga gear. The more specific you get, the less competition you’ll have, and you can charge a higher price.
3️⃣Customer service matters: With so many e-Commerce stores nowadays, people want a customer experience that matches a brick and mortar store. That means having a good customer support system, follow up emails, and paying attention to complaints.
4️⃣Pay attention to seasons and holidays: By showing that you’re up to date with current events, you become more trustworthy to your customers, and also have more opportunities to draw in sales with holiday specials.
For more dropshipping knowledge, make sure to check out this week’s Salehoo blog:
https://www.salehoo.com/blog
4 Digital Marketing Channels You NEED to be Using!
🔥4 Digital Marketing Channels You NEED to be Using!🔥
If you don’t have the budget to be running paid ads on Facebook, Instagram, or Google - don’t worry!
There are plenty of free ways to market your business, using platforms that you may already be familiar with.
Here are 4 platforms that are excellent for marketing your online business:
1. Pinterest - Create mood boards, post recipes, curate content related to your niche.
2. Tik Tok - Post tutorials, informal ads, catchy loops.
3. Blogs - Go in depth on related brand topics.
4. Email Marketing - Keep in touch with your audience constantly.
For more information on how to get more traffic to your eComm store, check out this week’s blog post, by our eComm guru Jonathan:
https://www.salehoo.com/blog/how-to-get-traffic-to-your-ecommerce-store
