In the last couple of years, high ticket drop shipping has been getting a lot of attention lately. For various reasons, people swear by it while others believe it’s too risky. But the growing benefits of dropshipping have gotten many people interested in it as a viable business opportunity.
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What is High Ticket Dropshipping?
To understand high ticket dropshipping, you need to first understand what it means. In simple terms, it is a unique form of dropshipping focused on selling items that are more expensive than the cheaper ones. Initially, this concept did not blow anyone’s mind, and it seemed as high ticket drop shipping would just be a passing moment in business history. But there was more to it than that.
After breaking down its concepts, we have learned that it is quite different from our traditional ways of dropshipping. Traditional dropshipping is mostly focused on selling impulse buys, and typically, these impulse buys tend to cost only about a couple of dollars and can be sold at a pretty low margin, such as the posture braces or fidget spinners. Through high-end drops shippings, you are able to sell items that can cost up to about $100 to around $10,000 or even more if you consider things like industrial machinery, electric bikes, or electric trikes.
The reason why this distinction matter is because this will cause a variation in the product price which will thus bring about massive implications on how you will run your business. So just think – with a properly modified marketing strategy and a high ticket store, you can change the source of your products and bring about a change in your customer service too. As such, low and high ticket dropping might use the same old fulfilment methods, but in reality, both of them are truly different kinds of beasts. But as you can imagine, high ticket drop shipping can offer various juicy awards for people who know how to pull it off successfully.
eWorldTrade is one of the leading B2B e-commerce platforms where a large number of dropshippers join in and showcase their products. The platform’s growth and sustainability in the recent decade has allowed customers to engage in business activities, reaching markets far wide in the world.
Benefits of High Ticket Dropshipping
There are a number of amazing things that are really great about high ticket drop shipping.
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Earning More Profit Through Each Sale
One of the best things about selling high ticket goods is that you will be able to enjoy larger profits for each sale. For example, if you were to sell an item for $500 and the margin you have is around 30%, you will be able to pocket $150 per sale.
Plus, earning more profit this way, you will be making fewer sales to make a living, and you will be able to reinvest even more cashback into your company so that it can start growing at a faster pace.
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Tailored Marketing
You will sell a small selection of items through high ticket dropshipping tactics, which means you can focus your marketing on these selected items more effectively.
Instead of dealing with the usual marketing approaches to many general dropshipping stores, a high ticket store will be able to dial in its messaging and captivate specific buyer personas through its unique offers. Consequently, this makes it much more convenient to effectively optimize your marketing approaches and offer customers a better customer shopping experience.
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Reduced Pressure from Customer Support
Nowadays, it is not easy to afford a sub-par customer support service. But if you own or have experience working in an eCommerce business, you will come to understand just how much customer service can eat at a time.
However, indulging in high ticket dropshipping, you are most likely going to deal with lower volumes of orders which means you won’t have to dedicate precious time or resources in comparison to the traditional high-volume dropshipping stores. As a result, you will be able to focus more of your time on other areas of your business without having to compromise on your support quality.
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Viable Business Model
Looking into traditional dropshipping business models, they usually involve hopping from one trend to the other, selling the latest products until it becomes saturated and then they move on. But when it comes to high ticket dropshipping tactics, it usually involves selling diverse less trending products – meaning you will be facing less competition from other drop shippers.
However, it also means that you can now focus on building your brand and a customer base for long-term purposes and not just as a quick-buck Shopify store.
Popular High Ticket Dropshipping Products 2022
If you are beginning to take an interest in starting your own high ticket dropshipping business, you need to know some of the best high ticket drop shipping products so that you can have a better idea on how to kick start your own business efficiently.
1. Remote Control Monster Truck
A remote control monster truck has gained a lot of popularity over the years, and it is quite cheap in comparison to several high ticket products. It does come with several cool features, which include crash protection and the 2.4 GHz-based remote control.
The main selling point of this particular product is that it is shipped from the United States and has been known to arrive at the customer’s doorsteps in just three days. Plus, it works as an excellent toy that you can give to your kids so that they have a reason to move away from their internet devices and take the time to spend the day outside with the monster truck.
2. The Garden Hammock
This hammock is actually offered by suppliers from Australia. The weather in Australia tends to be warm and nice for most of the year, making the hammock an excellent product for when you are living there.
Since this product is meant to be kept outside, the suppliers make sure to make this hammock from larch wood, which means that the hammock will become more tough, durable, and waterproof. Plus, it comes with at least two differently designed cushions made to match the hammock.
3. Ultralight Camping Tent
Every hiker dreams to find items that can help them have light equipment for their backpacking adventures because every kilogram counts and can make all the difference in your hiking experience.
Hence, many backpacking enthusiasts had found much joy in their hikes when they purchased the ultralight camping tent. With a tent that barely has much weight, many hikers found themselves spending more time hiking without getting exhausted from carrying a heavier tent.
However, there is one slight drawback to this useful product. As this product is made by a Chinese manufacturer, they only have one warehouse in the United States, and once the product gets out of stock from there, it will need to be sent out from China which can take quite a while for it to get delivered to the United States.
4. Swimming Pool Cover
Pools worldwide have always had to deal with getting dirt and debris into them – until they were introduced with the swimming pool cover roller that ensures that pools are safe from getting ruined by external factors.
According to the latest data provided by Splash Magazine, about 13% of households in Australia have a swimming pool. Hence, this is an ideal opportunity to sell swimming pool covers to citizens in Australia as there is a good chance that you will be able to target an audience of about 2.7 million possible customers.
5. Floor Fans
Looking for a fan for the rich and wealthy means that they won’t be satisfied with sticking to just a regular plastic one. They will be on the lookout for the most high-quality ones with a more fancier appeal than the regular ones.
To cover this demand in the market, the introduction of floor fans was introduced. This equipment featured an electric whisper-quiet motor that has a unique metal cast construction and a three-years worth of manufacturer warranty.
6. Aluminium Solar Umbrella
Getting a large enough umbrella can help you provide shade for your multiple friends at a time – which is exactly the purpose behind the aluminium solar umbrella.
Thanks to its unique features, it has a 10 ft offset which makes it more practical since it does not take unnecessary amounts of space that do not even need. Another interesting piece of information is that it has another additional feature: a solar panel on tips that provides the energy needed for a set of lights that can be found along the ribs of the umbrella.
7. Queen-Sized Beds
Now let’s talk about the most expensive item when it comes to the high ticket drop shipping product list, an actual queen-sized bed.
This bed is made from some of the best stainless steel of high quality and features a beautiful polished dark grey finish that looks absolutely stunning. However, the listing price of a queen-sized bed tends to be over $2000, which is why this item is not particularly recommended to people who are just starting out with their high ticket dropshipping business.
8. Tower Condo For Cats
If you have a pet cat at home and you want to spoil it with the best luxury that the internet has to offer, consider looking into a tower condo for cats.
These are usually 36 inches tall, featuring two scratching poles, which cats use as an alternative to sharpening their nails on the tower than your sofas. Plus, it also includes a cute little ladder for your cat to climb up to and into their condo, where they can rest in peace.
However, it does come with a particular drawback as its supplier is in China. This means that once the product runs out in the United States, you will have to wait for a long period of time to receive the delivery.
9. Stand Up Paddle Board
We are guessing that you might not have come across this particular idea but have you ever tried to paddle WHILE paddling?
If not, then it is high time you learn about one, such as the stand-up paddleboard. For a better understanding, you can also get the ones featured at the Sprocket- which provides you with an excellent opportunity to start your high ticket drop shipping stores starting from this product. These stand up paddleboards are known to be inflatable which means that it is much easier to carry it in a portable form as compared to its solde forms.
10. Garden Shed For Your Home
There are many companies that are focused on the gardening niche, which is why you will often find this particular item called the ‘Garden Shed” in many companies that are focused on manufacturing them as assemble-at-home garden sheds.
If you have ever experienced buying from IKEA, you will notice that both of them had the same concepts, but this product is much cheaper for potential customers and is much cheaper to deliver as well, thanks to the fact that most of its components are shipped in its disassembled form. Plus, one of the best things about a garden shed is that you can always find them in different sizes and styles, so make sure you take your time to look into what each of them looks like before investing your money into it.
11. 3D Printers
This probably has to be one of the best items, some of the best niche ideas for dropshipping. When it comes to its pricing, you will find several of your rivals selling 3D printers for about as low as $200, whereas some of the more advanced variants tend to go over the shelf for over $10000.
In fact, according to Smithers, analysts have estimated that 3D printers will experience a growth rate of about 23% annually. Which means that right now would be an ideal time for you to start your dropshipping business centered around 3D printers.
12. LED Garden Lamps
This product is known to be unique for several reasons. For one, it has a sensor that can automatically turn lights off and on electronically. Plus, these lamps are also powered by solar panels, which saves a lot of the energy that it generates in a battery.
Moreover, this product comes with two plant pots so that it helps your customer to be able to use the item as a real-life decoration piece within a garden.
