5 Ways to find a Good Niche for Dropshipping | How to Pick a Good Niche 2-2
Published on: November 29 2022 by CjDropshipping.com
5 Ways to find a Good Niche for Dropshipping | How to Pick a Good Niche 2-2
5 Ways to find a Good Niche for Dropshipping | How to Pick a Good Niche 2-2
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| 00:00:01 | 00:00:03 | Hi guys, it’s Demi from CJ dropshipping. |
| 00:00:03 | 00:00:07 | In a previous video, I told you guys that some successful dropshippers cooperating with |
| 00:00:07 | 00:00:11 | CJ make tens of thousands bucks of sales per day, |
| 00:00:11 | 00:00:17 | it is because they made thorough preparations and found a profit niche to start with, |
| 00:00:17 | 00:00:20 | and I shared features of good & bad niches. |
| 00:00:20 | 00:00:27 | Today, I am going to continue this topic, and share 5 ways to find a good niche. |
| 00:00:27 | 00:00:30 | Okay, no more toking, let’s go straight to the point. |
| 00:00:30 | 00:00:31 | 1.Brainstorming |
| 00:00:31 | 00:00:35 | Brainstorming is a important step for niche selection, |
| 00:00:35 | 00:00:41 | when first brainstorming, make a list of at least 50 workable niches for dropshipping. |
| 00:00:41 | 00:00:46 | This doesn’t mean that you think about it during a lunch break or queueing time, |
| 00:00:46 | 00:00:49 | you need to block off time and focus on brainstorming. |
| 00:00:49 | 00:00:55 | Here are some tips that will help you brainstorming a long list of potential niches for selection. |
| 00:00:55 | 00:00:59 | 1.Check the last 10 times you bought online |
| 00:00:59 | 00:01:06 | 2.Find out the most practikal and your most like items you bought online. |
| 00:01:06 | 00:01:11 | 3.Ask your family and friends what they bought online recently. |
| 00:01:11 | 00:01:17 | 4.Think about all your family and friends and what they have in their houses. |
| 00:01:17 | 00:01:21 | 5.what do people like to do on vacation |
| 00:01:21 | 00:01:25 | 6.What are popular hobbies in your target area |
| 00:01:25 | 00:01:29 | Write everything down, even if it seems questionable at the time, |
| 00:01:29 | 00:01:34 | and then take this list and begin running them through features of good niches |
| 00:01:34 | 00:01:36 | and bad niches to have a rough sifting. |
| 00:01:36 | 00:01:41 | And to make your list more workable, there are extra two lenses you can view through: |
| 00:01:41 | 00:01:48 | One is your interest-running a dropshipping business sometimes cost your time and effort |
| 00:01:48 | 00:01:50 | in winning product sourcing, |
| 00:01:50 | 00:01:55 | if you have interest in niche you are doing, it could be enjoyable and you will have great |
| 00:01:55 | 00:01:56 | sense of accomplishment. |
| 00:01:56 | 00:02:03 | Another is competition-Scout out other dropshipping stores and see what products are over-saturated. |
| 00:02:03 | 00:02:06 | You bet don’t want to sell those. |
| 00:02:06 | 00:02:09 | 2.Finding niches on popular e-commerce platforms |
| 00:02:09 | 00:02:14 | Amazon is the world’s biggest retailer and they sell almost everything you can buy online. |
| 00:02:14 | 00:02:20 | That’s what makes it one of the best places to find good niches and the products that |
| 00:02:20 | 00:02:21 | are super hot. |
| 00:02:21 | 00:02:25 | Here's the step by step process to finding good niches using Amazon: |
| 00:02:25 | 00:02:32 | Click on the 'All' tab at the left of the main search bar it will show a list of categories |
| 00:02:32 | 00:02:33 | or 'niches'. |
| 00:02:33 | 00:02:36 | Click on a specific category, that interests you. |
| 00:02:36 | 00:02:40 | Then leave the search box blank and hit 'Go'. |
| 00:02:40 | 00:02:46 | A new page will display and on the left-hand side a whole list of subcategories will pop |
| 00:02:46 | 00:02:47 | up. |
| 00:02:47 | 00:02:53 | Click a subcategory and it'll take you further down into the niche into a more specific sub-niche. |
| 00:02:53 | 00:02:59 | Amazon is especially great to help you find a super specific niche and the products that |
| 00:02:59 | 00:03:00 | sell best. |
| 00:03:00 | 00:03:06 | Even better is you can choose 'top sellers' from the home page and see what's currently |
| 00:03:06 | 00:03:07 | selling best. |
| 00:03:07 | 00:03:10 | There’s no way you can’t find a good niche on Amazon, |
| 00:03:10 | 00:03:16 | or at least have a good brainstorming session browsing the site. |
| 00:03:16 | 00:03:20 | Besides Amazon, you can search on Ebay or any other popular e-commercial platforms you |
| 00:03:20 | 00:03:22 | are familiar with. |
| 00:03:22 | 00:03:24 | 3.Local stores research |
| 00:03:24 | 00:03:31 | Doing local stores research is an unskippable step in your dropshipping business preparation. |
| 00:03:31 | 00:03:35 | You should should know what are selling now in offline stores, and try to skip the common |
| 00:03:35 | 00:03:38 | items you can see at every store. |
| 00:03:38 | 00:03:44 | And you can write down the retail prices, it’s a good way helping you to find a profitable |
| 00:03:44 | 00:03:45 | niche. |
| 00:03:45 | 00:03:46 | 4.Doing market research by Google |
| 00:03:46 | 00:03:52 | Thanks to the development of internet, you do not have to go to the library and find |
| 00:03:52 | 00:03:53 | data you want |
| 00:03:53 | 00:04:01 | by rummaging though hundreds of bookracks. |
| 00:04:01 | 00:04:06 | With a laptop or a smartphone, you can Google whatever you want to know. |
| 00:04:06 | 00:04:10 | It is very necessary doing market research before you set up any business, |
| 00:04:10 | 00:04:14 | or you are probably suffer money and time loss. |
| 00:04:14 | 00:04:16 | We just set warehouse in Thailand the past year, |
| 00:04:16 | 00:04:23 | before we take actions, complete and detailed market research is a matter of great account. |
| 00:04:23 | 00:04:29 | This diagram is online consumer spend by catalogue as a share of total online consumer spend |
| 00:04:29 | 00:04:32 | in southeast Asia, compared to global averages. |
| 00:04:32 | 00:04:39 | We can see from this diagram that in southeast Asia, the percentage of travel is 51%, far |
| 00:04:39 | 00:04:43 | surpasses 29% of global average. |
| 00:04:43 | 00:04:49 | And what impressive is, the percentage of electronics & physical media is 12%, larger |
| 00:04:49 | 00:04:51 | than fashion & beauty in Southeast Asia, |
| 00:04:51 | 00:04:54 | which is opposite to the global average. |
| 00:04:54 | 00:05:00 | According to this data, if your target market is Southeast Asia, you can make an inclination |
| 00:05:00 | 00:05:02 | to these two categories. |
| 00:05:02 | 00:05:05 | 5.Finding hot niches from Facebook, instagram, pinterest ads |
| 00:05:05 | 00:05:11 | Put ads on social medias is a major way to draw traffic and convert customers for dropshipping, |
| 00:05:11 | 00:05:16 | and it’s a easy and practikal way for you to find what’s on trending. |
| 00:05:16 | 00:05:21 | You can follow e-commercial posters, and like dropshipping products ads, |
| 00:05:21 | 00:05:23 | then you will receive these kinds of ads push. |
| 00:05:23 | 00:05:27 | Dropshippers are paying to make ads for profitable items, |
| 00:05:27 | 00:05:33 | so why not sit idle and enjoy the fruits of others' work? |
| 00:05:33 | 00:05:41 | Okay guys, that are all my 5 method of how to pick a good niche for dropshipping. |
| 00:05:41 | 00:05:46 | Watch this video and review the features of good & bad niches. |
| 00:05:46 | 00:05:52 | Do not forget subscribing us and set alert then you will not miss our updates. |
| 00:05:52 | 00:05:56 | Leave a comment to let us know your opinions so we can make it better. |
| 00:05:56 | 00:06:00 | Thanks so much for watching, can’t wait to see you at the next video, bye~ |
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