A lot of people who want to start their own online business are interested in the dropshipping business model, and there’s a very good reason for that. Dropshipping is a low-cost business that doesn’t require a lot of money to start. With the recent development of automated dropshipping, it has also become a low-maintenance business, since most of the work is done automatically instead of by hand every day.
Even though this business model has its benefits, not every niche of products can be successfully dropshipped. This is why a lot of store owners choose to sell things like designer clothing that are sure to make them a lot of money. Considering how often people wear the same clothes, one idea would be to sell well-made designer bags.
So, in the next few paragraphs, we’ll tell you everything you need to know about dropshipping bags, especially designer ones. You’ll learn how profitable the segment is, what to look for in a supplier, and what kinds of designer bags your dropshipping store should definitely have on display.
How much money can you make from dropshipping designer bags?
Before starting any kind of dropshipping business, it’s common to take a step back and list the pros and cons so you can get a rough idea of what it would take to get your business up and running or if it’s even worth it. The same is true in this case. To get an idea of what’s been going on in the designer bags market, it’s important to do a lot of research on this part of the clothing market and do a competitor analysis to learn more about possible competition stores. If you decide to dropship designer bags, this analysis will help you in the long run because it shows how competitors run their businesses, who supplies them with products, and what marketing tools and strategies they use to keep their stores thriving.
We looked up some numbers that show how the bag market is doing right now to help you figure out what’s going on in this market. Statista says that the luggage and bag segment is expected to bring in nearly 170 billion USD in 2023. Over the next four years, this number is expected to keep going up by 5.64 percent each year. Also, the bag market seems to have made 22.27 USD per shopper this year, when it comes to profit per person.
Taking these numbers into account, it’s safe to say that selling designer bags in your dropshipping store could bring in a good amount of money. So, keep reading to find out what to look for in a dropshipping supplier and what kinds of bags you should have in your store.
What to look for in a dropshipper of designer handbags?
Now that we’ve established that dropshipping designer bags is a safe business idea that can bring in some pretty good profits for your store, Once you have a good business plan and some good strategies, it’s time to start looking for a dropshipping supplier. Here are the things you should be able to check off your list to make sure you’re about to work with a reliable supplier.
Look for good quality and the real thing
Since you want to sell designer bags and not just any bags, the first thing you should ask a potential dropshipping supplier is how they guarantee the quality and authenticity of their products. There are many places on the internet where you can buy fake bags. Most of the time, their products aren’t very good and break pretty quickly. But the worst part is that many people can’t tell the difference between fake and real designer items, so they end up selling their customers second-rate fakes. The only surefire way to avoid these kinds of problems is to ask your supplier for proof that the bags are real. This way, you can be sure that you’re only selling your customers the best quality bags.
Ask for one-on-one contact
A reliable dropshipping supplier will not only be able to give you real, high-quality products, but they will also be able to give you a personal contact that can help you a lot with the day-to-day business of your store. This means having access to customer service in case of lost or mixed-up bag orders or taking advantage of plugin automation, which can easily take over the implementation of multiple manual tasks. Having a personal contact also lets you get marketing materials for selling bags and weekly newsletters that you can send to your customers to let them know about the newest styles of bags they can buy from your store.
Make inquiries about product updates
When you run a dropshipping clothing store, you need to keep adding new items so that customers will keep coming back. Fashion changes every minute of every day, so making regular updates to your products will help you keep up with the styles of bags that shoppers will want to buy. With that in mind, it would be best if your supplier sent you a list of new bags every week so you could keep up with all the latest styles and designs.
Which designer bags would make the most money to dropship?
In order to give you an accurate analysis, we used Google Trends for dropshipping to find the most profitable designer bags to sell in your fashion store. This will give you a good idea of why the following types of bags are worth to dropship.
Designer handbags will always be a must-have because they can be worn with any outfit, whether it’s a dressy outfit for a night out or a casual outfit for everyday use. This part of the bag market has a wide range of models, such as shoulder and quilted bags, clutches and satchels, evening and tote bags, and more. This is a surefire way to boost your dropshipping sales and get more shoppers interested in your store. Designer handbags are a big hit with customers. They bring in more than $60 billion USD each year. This Google Trends graph shows how their sales have changed over time.
Even though the handbag section might be geared more towards women, you can successfully sell designer wallets to both women and men. Customers like this type of bag because it’s the easiest way to keep cash and cards on hand. Statista says that the money made from wallets and small cases adds up to 21.35 billion USD and is expected to grow by 6.03 percent each year until 2026. Google Trends, which shows how sales have changed over time, can also be used to see how sales of wallets have grown over time. In the graph below, you can see how many designer wallets have been sold in the last year.
The good old backpack is another type of bag you might want to sell in your dropshipping store. Even though designer backpacks are the most useful and popular travel accessories, they are often seen as more than just a piece of luggage these days. They have also become a style that many people wear every day. So, if a customer doesn’t want to carry a handbag, a backpack is the most practical way for them to carry the things they need when they leave the house. Based on Google Trends, here is how sales of designer backpacks have changed over the past year.
Dropship Corporation’s collection of designer bags
Dropship Corporation will supply your store with designer bags for both men and women from the best fashion houses, like Dolce & Gabbana, Michael Kors, Gucci, Versace, Jimmy Choo, and more. You could add the following bag models, which come in different styles, to your collection:
- Handbags Shoulder bags
- Bags with handles and straps
- Tote and messenger bags
- Belt bags
- Backpacks and bags for trips
- Different things made of leather
If your goal is to sell high-quality designer items that will bring in a lot of money for your store, then dropshipping designer bags is a good business idea to think about. Taking into account the numbers we’ve already talked about, selling branded bags in your store will definitely help you get more customers. Also, if you follow our tips for finding a good supplier and know the most profitable bag models, you’ll be well on your way to growing your business.