If You are reading this article, then chances are, You are deciding which niche You should choose for Your pre-built Shopify dropshipping store.
No worries! In this article, we will go in-depth as to what You should consider and keep in mind when choosing the niche for Your custom Adsellr pre-built dropshipping store.
There is no single best dropshipping niche.
The best niche for You might depend on Your current occupation, education or knowledge about the specific niche. For example, if you are working in interior design, it is going to be logical for You to choose the furniture niche since You already have some experience with that specific demographic which You can then leverage in marketing your pre-built shopify store.
Each Adsellr niche listed on our product page is a multi-million dollar per year industry. All niches are highly profitable if the marketing is done right.
Remember, there is no such thing as an oversaturated niche.
If You are worried about Your product being oversaturated, then You need to understand that It is to a lot easier for You to choose a niche/product for which there is already an existing market, than trying to sell a product for which there is no existing demand. If anything, product saturation is a good thing, since it proves there's high-demand for Your product.
Here are the top 3 things You should take into consideration when choosing a niche for Your pre-built Shopify website.
1. Your Current Occupation or Education
If you have experience in a specific field or industry, you should take that into consideration since it will allow You to better understand the thought process of Your customers and how to approach them through marketing.
Leverage Your Current Job or Education
For example, if you have are a personal trainer, or if you are very knowledgeable in the fitness niche, it is going to be smart for You to go with the fitness products niche since You will already have some data about Your customers and You might even be able to upsell some of Your current clients the products from Your fitness niche pre-built Shopify store.
2. Your Knowledge About Ecommerce & Dropshipping
Consider Your competence in ecommerce and dropshipping. Determine whether You are a beginner, or if you have already had some previous experience with dropshipping and consider Yourself a novice.
- Are You a Beginner? Stay Away from Luxury Niches.
If you are just starting out, you should stay away from niches which require a lot of branding knowledge, such as the clothing niche or luxury niches, such as jewelry. Luxury niches are the most difficult niches to start with, as they require a deep understanding of branding theory, and a large marketing budget.
For example, you should be able to understand why people want to be seen wearing designer clothing as opposed to regular clothing, which is a lot cheaper. You need to understand how brands can resonate with customers and how psychology comes into play when marketing or branding luxury items.
3. Your Dropshipping Budget
Consider Your total budget for marketing, including adspend, production and inventory cost.
- High Cost Per Purchase
high-ticket products will require a large marketing budget. Low ticket items on the other hand, usually have a lower cost per purchase. Low ticket items also help You avoid costly refunds and allow You to buy more samples without breaking the bank.
- Expensive Sample Products
A luxury niche, such as jewelry for example, will require You to have a lot of money to purchase sample products, for example, with a 100 product jewelry store You would need to spend around $50k-$100k just to purchase samples of every product.
With a high ticket product, the cost per purchase is going to be a lot higher, which means You might have to spend a few thousand dollars on adspend before You are going to get any sales.
If you are a beginner in ecommerce, you should keep in mind the following:
Stay away from luxury and clothing niches.
Start with low-ticket items.
Leverage Your current occupation, skills and education
Take into consideration these three things and You will thank Yourself in the future.
If You're interested in learning more, check out our Adsellr Pre-Built Shopify Dropshipping Store Review Video or buy a pre-made Shopify dropshipping store.
If You want to learn more about ecommerce marketing, check out this article on the Top 5 Marketing Strategies for Dropshipping in 2023.
Why Buy a Pre-Built Shopify Website?
Getting a pre-built store is one of the easiest and quickest ways you can get started with dropshipping without having to spend hundreds of hours learning web development, doing product research, SEO etc. Basically, our Pre-Built Shopify Store will allow You to instantly move to the money making part, which is marketing.
If you have any questions, just drop a comment below and I will make sure to answer them.