high tick dropshipping or lower ticket in 2018?

[AbaftX]

Hi I am kinda new to Dropshipping but I started learning a few weeks ago and I want to start now
but I have a question: what would you do high tick dropshipping or lower ticket ones?

 

[Notion]

High ticket all the way. The bigger the margin the better. I’m talking about $50+ profit margin per sale

 

[Motorhead]

High ticket all the way. The bigger the margin the better. I’m talking about $50+ profit margin per sale

Bigger margin = bigger risk.
Since OP was startimg his dropship busssiness, I recommmemd the lower one.

 

[AbaftX]

Bigger margin = bigger risk.
Since OP was startimg his dropship busssiness, I recommmemd the lower one.

where is the bigger risk in dropshipping isn't it the same?

 

[AbaftX]

High ticket all the way. The bigger the margin the better. I’m talking about $50+ profit margin per sale

ok sounds great do you have any tips on how to find good sources for high ticked products

 

[Notion]

ok sounds great do you have any tips on how to find good sources for high ticked products

It’s all in your price strategy and the quality of your store.

There a many times where we have sold products for $70+ while other stores sell them for $20. It’s really about how you package a product and how you set up the product page.

I really don’t understand why the member above said there was a bigger risk. The real risk is in low margin because the margins are razor thin and it’s easy to overspend on Ads if you don’t have a clue what you’re doing. Also would you rather sell 1 product a day with a $50 profit or 20 a day at a $2 profit.

 

[AbaftX]

It’s all in your price strategy and the quality of your store.

There a many times where we have sold products for $70+ while other stores sell them for $20. It’s really about how you package a product and how you set up the product page.

I really don’t understand why the member above said there was a bigger risk. The real risk is in low margin because the margins are razor thin and it’s easy to overspend on Ads if you don’t have a clue what you’re doing. Also would you rather sell 1 product a day with a $50 profit or 20 a day at a $2 profit.

alright thank you for your time and awnser

 

[fly84]

High ticket all the way. The bigger the margin the better. I’m talking about $50+ profit margin per sale

Are you talking about AE or 1688 products here or you use other dropshipping companies?

How is it possible to sell this much and get a sale?

Surely buyers can compare the prices right?

 

[Notion]

They can, but how many actually do? That's like 1 in 20 people.

I have sold $5 products for $75 while my competitors we selling for $25. It's all about how you can provide value and make your website look legit. My competitors had a shitty website so they were probably struggling to make sales even at $25. Eventually, I'll retarget everyone who didn't buy and offer it for $50. If they still don't buy, I'll give it to them for $25. I play the long game and that's where the profit is.

- TFP

 

[fly84]

They can, but how many actually do? That's like 1 in 20 people.

I have sold $5 products for $75 while my competitors we selling for $25. It's all about how you can provide value and make your website look legit. My competitors had a shitty website so they were probably struggling to make sales even at $25. Eventually, I'll retarget everyone who didn't buy and offer it for $50. If they still don't buy, I'll give it to them for $25. I play the long game and that's where the profit is.

- TFP

For testing out the store, is it worth it to spend money on it right away?

How much do you usually spend to setup a site? Do you make it look legit right away?