We will make a slight exception to dealer websites that say something like "become a dealer" in their footer, but that's it! Your brands are not well known brands to the general public but that doesn't mean they haven't spent millions to find and align their products with the type of customers you want to target (part 2).ĭomestic Customers, Domestic Suppliers, and Domestic business. Instead, This post will provide a formula that you can be applied each time you create a new store. That is correct! If you signed up for some website and are paying fees to get access to "winning" products, then you're facing an uphill battle in my book. Your supplier does not advertise that they dropship - YES. When I say 'office fountain', 'wine cooler', 'kids playground', can you name a brand off the top of your head? When people ask me to take a look at their store and I see them trying to sell generic computers or electronics, I already know they are facing an uphill battle. If I say, 'sneakers', it's likely, you thought of a brand right away. Little to No Brand Loyalty - If I say 'phone', it's likely you probably thought of a brand right away. Well, it's already done for us (to some extent, I'll explain later. So, you might be thinking that targeting these customers is "Easier said than done". This my personal experience.Īppeals to the middle to upper middle class - Our aim to sell products that will attract consumers with decent disposable income. Also, all communication after purchase can still take place during email. The customer interaction is minimal enough to where most people are comfortable ordering without needing a phone call. Still, $400 is a great place to start because 2. The idea of selling a $400 item when you struggle to sell a $40 item could easily have you balking at the concept of selling $400 or even $4,000 items. Logically, I can understand, especially if you're store is not performing as well as you'd hope. $400 items still may sound like a lot to those whose most expensive item is only $40. I say this conservatively because ideally we are selling items that cost much more (+$1000).
Just some minor info about me, I have 2 high ticket shopify stores and both have done 7-figures.Īverage Over Value (AOV) is +$400. Opinions may vary, but for the purpose of this post, we will define criteria for what a suitable high ticket niche should aim to achieve. Chose your niche on the principles of High Ticket Dropshipping.
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