🏆 The Ultimate Guide to Finding Winning Dropshipping Products
Are you struggling to find the right products to sell on your e-commerce store? Do you want to know the best methods to find winning dropshipping products that can make you a lot of money? Look no further! In this article, we will show you the seven best methods to find potentially winning products. We will also discuss what to look for in a product to maximize your chances of starting a successful and profitable store.
Method 1: The TikTok Ads Method
The TikTok Ads method is currently one of the best product research methods. To use this method, go to Google and type in "top ads on TikTok." You should be able to find a website that gives you access to all the ads on TikTok. From there, you can select a niche like beauty and personal care, set the objective to conversions and product sales, and look for ads that have been running in the last 30 days. You can even sort the ads by the ones that are performing the best in terms of reach, click-through rate, and retention rate. This allows you to see the ads that make people actually click and visit the store after seeing the ad.
Method 2: The Facebook Ads Method
The Facebook Ads method is another great way to find winning products. To use this method, you can use a free Chrome extension called My Ad Finder, which filters out all the regular Facebook content and just shows you the ads. You can click on an e-commerce ad that you find and then go all the way to the checkout page. This will tell Facebook that you are interested in e-commerce products, so you'll pretty much only see e-commerce ads from that point on. You can also go to the Facebook Ads Library and enter a target country, choose all ads, and then type in a brand name. This will show you all the ads that this brand is currently running.
Method 3: The Paid Ad Spy Method
The Paid Ad Spy method is similar to the first two methods, but now we use services like AdSpy.com, ManiaPP Ads, or other tools that automatically show us new winning products every single day. These tools basically look at all the active ads on Facebook, TikTok, Snapchat, or Pinterest and then look at the ones that are performing the best in terms of views, shares, likes, and comments. This allows us to save tons of time finding all the ads ourselves and analyzing their performance.
Method 4: The Viral TikTok Method
The Viral TikTok method is where we look at TikTok product videos that have recently gone viral. Simply open up TikTok, go to the search feature on the top right, and type in popular hashtags like "TikTok made me buy it." To make sure we can get on trends early, we want to go to the filters on the top right and then under date posted, change it from all time to this month. When you find a product that looks interesting to you, you can also click on their TikTok profile and usually find a link to the store selling that specific product.
Method 5: The Supplier Reach Out Method
The Supplier Reach Out method is where we directly contact suppliers on AliExpress, Alibaba, or other sites and ask them what products have recently started to sell for them. By using this method, we're able to find products that aren't too saturated yet and get on trends early.
Method 6: The Amazon Movers and Shakers Method
The Amazon Movers and Shakers method is where we spend time on Amazon.com and look at products that have recently been gaining in popularity on Amazon. We can click on "all" and then go to "movers and shakers" that shows us the biggest gainers in terms of sales rank over the past 24 hours. These are the products that have recently become very popular on Amazon.
Method 7: The AliExpress Rabbit Hole Method
The AliExpress Rabbit Hole method is where we simply go to AliExpress.com and go through their product recommendation system. On the AliExpress homepage, we just click on products that look interesting and then ask ourselves if we could market that product creatively on social media. For each product that we click on, we can also scroll all the way down and look at the recommended products. If we keep doing this for like 20 minutes, we can find tons of product ideas that we wouldn't have found anywhere else.
What to Look for in a Winning Product
Now that you know how to find potentially winning products, what are you looking for exactly in a product? First of all, the product needs to be something that actually adds value to somebody's life and actually solves a real-world problem. We don't want to sell something that is of low quality or doesn't do what it promises. That would just lead to tons of refunds and a horrible experience for you and your customers.
We also want to think about the platform we will be selling that product on, which is mainly Facebook, Instagram, and TikTok. People go to these platforms to be entertained and not to buy products. This is why products with a so-called "wow factor" work the best on these platforms. Try and find products that look interesting and maybe even something that many people haven't seen before.
Optimally, it should be relatively easy for people to understand the benefit of your product within just a few seconds. The best products are the ones that give you tons of creative ways on how you can advertise it on social media. Another factor you want to consider is the selling price. Many people on social media generally don't buy very expensive products from brands that they haven't seen before. So, we want to make sure that we can sell our product at a price that is low enough so that people are willing to take out their credit card right then and there and purchase without overthinking too much.
At the same time, we don't want to sell something that is too cheap because then it'll be hard to make a profit. After all, the expensive a good selling price to shoot for is twenty dollars to one hundred dollars. For anything above 100, it's going to be less likely for people to do an impulse purchase. In order to be profitable, we want to make sure we can get the product from our supplier for a third or better at a quarter of the price that we are selling the product for, meaning we'll be shooting for a 3X or even a 4X markup.
Conclusion
Finding winning dropshipping products can be a challenge, but with the right methods and strategies, it's definitely possible. By using the seven methods we've discussed in this article, you'll be able to find potentially winning products in no time. Remember to look for products that add value to somebody's life, have a wow factor, and are priced correctly. With these tips in mind, you'll be well on your way to starting a successful and profitable e-commerce store.
Highlights
- The TikTok Ads method is currently one of the best product research methods.
- The Facebook Ads method is another great way to find winning products.
- The Paid Ad Spy method is similar to the first two methods, but now we use services like AdSpy.com, ManiaPP Ads, or other tools that automatically show us new winning products every single day.
- The Viral TikTok method is where we look at TikTok product videos that have recently gone viral.
- The Supplier Reach Out method is where we directly contact suppliers on AliExpress, Alibaba, or other sites and ask them what products have recently started to sell for them.
- The Amazon Movers and Shakers method is where we spend time on Amazon.com and look at products that have recently been gaining in popularity on Amazon.
- The AliExpress Rabbit Hole method is where we simply go to AliExpress.com and go through their product recommendation system.
FAQ
Q: What is the best price range for a winning dropshipping product?
A: The best selling price to shoot for is twenty dollars to one hundred dollars. For anything above 100, it's going to be less likely for people to do an impulse purchase.
Q: What is the best method to find winning dropshipping products?
A: There are seven methods to find potentially winning products: The TikTok Ads method, The Facebook Ads method, The Paid Ad Spy method, The Viral TikTok method, The Supplier Reach Out method, The Amazon Movers and Shakers method, and The AliExpress Rabbit Hole method.
Q: What should I look for in a winning dropshipping product?
A: Look for products that add value to somebody's life, have a wow factor, and are priced correctly.
