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what is high ticket dropshipping

Published on: January 14 2023 by pipiads

Introduction

- Explanation of the high ticket dropshipping strategy and its success

- Introduction to the video and its purpose

Pros and Cons of High Ticket Dropshipping

- High profit margin (30-60%)

- Better quality customers with higher customer lifetime value

- Better shipping times

- Less competition

- Need for a bigger budget to get started (around $2000-4000)

- More risk involved with higher product value and potential customer complaints

- Difficulty in finding suitable suppliers and advertising platforms

- High demand for customer service and potential shipping costs

Best Selling Niches

- Extreme Sports (skateboarding, surfing, water skiing, etc.)

- Luxury Items (watches, jewelry, designer clothing, etc.)

- Home Decor (furniture, lighting, decor, etc.)

- Fitness Equipment (weights, machines, accessories, etc.)

- Personal Care (skincare, haircare, grooming, etc.)

Finding Suitable Products and Suppliers

- Use AliExpress, CJ, and Weo for smaller items

- Look for independent suppliers for larger items

- Research and compare prices and quality before choosing a supplier

Creating a Successful Website

- Use a premium theme to match the high ticket products being sold

- Include clear and attractive product descriptions and images

- Optimize for SEO and utilize social media platforms

- Focus on creating a strong customer experience with efficient shipping and responsive customer service

Advertising High Ticket Products

- Use Google and Facebook ads, as well as influencer marketing

- Focus on targeting the right audience and utilizing retargeting ads

- Consider using email marketing and affiliate marketing

Conclusion

- Recap of key points and strategies for success in high ticket dropshipping

- Encouragement to use the provided Google Doc cheat sheet for supplier recommendations

- Final thoughts on the potential for success in this industry.

I Tried Shopify Dropshipping for 30 Days (HIGH TICKET)

My Experience with Shopify High Ticket Dropshipping in 30 Days

Introduction:

In this article, I will be sharing my experience with Shopify high ticket dropshipping in the last 30 days. I will discuss the difference between low ticket and high ticket dropshipping, and the challenges I faced while starting my new store in the bathroom niche.

Low Ticket vs. High Ticket Dropshipping:

Low ticket dropshipping involves selling products priced between $0 and $100, while high ticket dropshipping involves selling products priced above $1000. High ticket dropshipping is more profitable, as you work with established brands and suppliers, and the shipping is faster.

Starting My New Store in the Bathroom Niche:

I started my new store in the bathroom niche, as I wanted to challenge myself. I contacted established brands and suppliers in the bathroom niche, and after persuasion, closed three deals. Two of these brands became the backbone of my store.

Results in the First Three Days:

In the first three days, I spent $64 and $979 on Google ads, but received no sales. I started to rethink my strategy and thought the brands I had chosen were not good enough. I also realized that my store had only two brands, which was not enough to scale.

Getting My First Sale:

On the third day, I received my first sale of $999, which was the cheapest product on my store. I also received some add-to-carts, which showed interest in my product. I spent $79 that day and made a profit of $120. However, I was not yet profitable as I had no sales in the first two days.

Adding More Magic to Google Ads:

After getting my first sale, I added more of my magic to my Google ads. On the fourth day, I received no sales, but I was still hopeful.

Conclusion:

Shopify high ticket dropshipping is challenging but more profitable. Choosing established brands and suppliers is crucial, and having more brands on your store is essential for scaling. Patience and perseverance are key to success in high ticket dropshipping.

How to High Ticket Dropship (Step by Step Guide)

Are you tired of selling low cost and low margin products? Do you want to make more money with fewer sales? Then it's time to consider High Ticket Drop Shipping. In this article, we'll guide you through the process of finding and selling High Ticket products. Here's what we'll cover:

Introduction:

- High Ticket Drop Shipping vs. Low Ticket Drop Shipping

What is High Ticket Drop Shipping?

- Definition

- Risks and benefits

What are High Ticket Drop Shipping Products?

- Price point

- Characteristics

Step-by-Step Process for High Ticket Drop Shipping:

- Finding the right products

- Finding a reliable supplier

- Setting up your Drop Shipping store

Tips for Creating a High-End Drop Shipping Store:

- Premium branding

- Professional product photos

- Exceptional customer service

Conclusion:

- High Ticket Drop Shipping can boost your profits and help you find lucrative niches. By following these steps, you can start selling High Ticket products and take your profits to the next level. Don't forget to participate in our Lucky Draw for a chance to win a free membership to SaleHoo or SaleHoo Dropship.

Best High Ticket Dropshipping Niches (In 2022)

In this video, Mike Bastille reveals the best drop shipping niches for high ticket items and how complete beginners can earn $100 to $700 a day with no experience. He emphasizes the importance of high ticket items, as they allow for higher profit margins, more sustainability, and lower customer support needs. However, they also come with higher startup costs and more time and money to ship.

To succeed in high ticket drop shipping, it is important to research your niche before making any purchases. Some of the best niches for high ticket items include home appliances, computers and electronics, fitness equipment, gaming equipment, collectibles, and jewelry and accessories.

Mike Bastille also reminds viewers of the importance of marketing skills, but notes that high ticket drop shipping allows for more profit with less skill, time, and resources. He encourages viewers to sign up for his free workshop, where they can learn the fastest and easiest way to make money online.

In conclusion, high ticket drop shipping is a popular and profitable niche, but it requires research and experience. By choosing the right niche and focusing on high ticket items, beginners can make significant profits with minimal effort.

How To Start High Ticket Shopify Dropshipping For Beginners in 2022

Are you interested in starting a high ticket Shopify drop shipping business but don't know where to begin? Look no further! In this article, we'll provide an overview of how to get started as a complete beginner in high ticket Shopify drop shipping.

Introduction:

Starting a high ticket Shopify drop shipping business can seem daunting, but it's an excellent way to achieve time and financial freedom. In this article, we'll guide you through the steps of getting started as a beginner in high ticket Shopify drop shipping.

Why High Ticket Shopify Drop Shipping?

There are several reasons why high ticket Shopify drop shipping is a better business model compared to retail drop shipping. These include:

- Contacting real suppliers and building relationships with them

- Obtaining real agreements with real brands

- Less fees compared to other platforms

- Less rules and bans compared to other platforms

- Building an actual brand

- High ticket items offer less sales and more money

- The overall goal is freedom- both time and financial

Step-by-Step Guide:

Here's a step-by-step guide on how to get started with high ticket Shopify drop shipping:

1. Determine the type of store you want to sell - niche or general.

2. Research your product niche/niches. Look for high ticket items that are over $1000 and have longevity in the market.

3. Find real suppliers and build relationships with them.

4. Set up your Shopify store and customize it to your liking.

5. Optimize your website for conversions by adding high-quality product images, clear product descriptions, and a user-friendly interface.

6. Drive traffic to your store through paid advertising or organic methods.

7. Fulfill orders through your supplier and handle customer service inquiries.

Conclusion:

Starting a high ticket Shopify drop shipping business can be a lucrative and rewarding endeavor. By following the steps outlined above, you can set yourself up for success as a beginner in the world of high ticket Shopify drop shipping. Good luck!

High Ticket Dropshipping 2022: What It Is + How Beginners Can Start

Introduction:

In this video, Mike Fasil shares a step-by-step tutorial on high ticket dropshipping. He explains what it is, how complete beginners can earn $100 to $700 a day with no experience, and more.

What is high ticket dropshipping?

High ticket dropshipping is a business model that deals with more expensive products. The more expensive the product, the more leeway you have in pricing differences. This is because once a product goes over a certain psychological barrier in the brain, it becomes almost the same number.

Pros:

- You can get started for free or very cheaply.

- You can do it from home or while traveling.

- You don't need to be tech-savvy.

- You can automate it and create passive income.

- You can hire virtual assistants to do the work for you.

Cons:

- The competition starts increasing because of the low barrier of entry.

How to get started:

Step 1: Understand what dropshipping is and what the opportunity is with dropshipping.

Step 2: Find high ticket dropshipping products by doing competitor analysis or looking at blogs.

Step 3: Sell the product first, then buy it after you've made the money.

Conclusion:

High ticket dropshipping is a great business model for complete beginners who want more freedom in their lives. With the right strategies and tools, you can earn a good amount of money and create passive income. However, it's important to understand the pros and cons before getting started.

What is High Ticket Dropshipping?

Introduction:

In this video, John from Dropship Breakthrough explains the concept of high ticket dropshipping and how it differs from traditional dropshipping. He also highlights the benefits of high ticket dropshipping and why it is a profitable business model in 2021.

What is dropshipping?

Dropshipping is a type of e-commerce where you run a website and fulfill orders from a supplier's warehouse. You do not hold any stock, and the supplier directly ships the products to your customers. It is a low-cost way of starting an e-commerce business.

Types of dropshipping:

- Low ticket dropshipping: Selling products that retail for $100 or less, such as fake eyelashes, from suppliers like AliExpress, Amazon, or eBay.

- High ticket dropshipping: Selling products that retail for $800 or more, such as infrared saunas, from local suppliers who have inventory in the same country as your customers.

Key differences between high ticket dropshipping and traditional dropshipping:

- Focus on selling high-value products

- Work with local suppliers

- Sell established products with existing demand

Benefits of high ticket dropshipping:

- Low risk and high-profit potential

- Evergreen market and products

- No need for interruption marketing

- Branded asset that can be sold for a high multiple of net profit

- Quick time to profit ratio

- Close proximity to customers for faster shipping and less customer service.

Conclusion:

High ticket dropshipping is a profitable and low-risk business model that offers high-profit potential and an evergreen market. By selling high-value products from local suppliers, you can establish a branded asset that can be sold for a high multiple of net profit. If you're interested in learning more about this business model, check out the links in the video description.

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