Many people think that dropshipping is the business model of the future for eCommerce. The best thing about this model is that you can sell things online without having to spend money on keeping an inventory.
Because of this, more and more people who want to start a business online are looking into dropshipping as a way to make a lot of money without having to spend a lot of money. But picking a niche for their dropshipping business is one thing that bothers them.
This article will help you choose a business niche and products based on facts and data. We will talk about the fashion industry in particular because it is the most popular eCommerce sector.
Statistics are the best way to show that the eCommerce industry grows every year and that fashion is popular all over the world. So, before we get into the details of which fashion products are the best to dropship, we’ll look at some important statistics about the eCommerce industry.
This useful information will give you an idea of the global eCommerce market and the fashion industry, as well as their potential.
Global eCommerce market revenue
Over the past few years, the eCommerce industry around the world has changed a lot. Today, it is seen as a stable, mature industry with a bright future.
In fact, Statista data shows that the global eCommerce market will bring in $4.23tn in revenue in 2023. Also, the market for eCommerce is expected to grow at an annual rate of 11.58% and bring in US$5.88tn by 2025.
Still thinking about whether or not you should start a dropshipping business? Let’s give you some more facts to help you make a decision.
Fashion is the most popular type of item sold online.
Fashion is the biggest part of the eCommerce business. There are no signs that this growing part of online shopping will slow down. And there’s nothing odd about it. People love to shop online, and fashion items are their favorite things to buy.
Fashion is the most popular online shopping category, and it has a strong market that will bring in US$0.99tn by the end of 2023 and US$1.37tn by 2025. Also, if we look at the fashion industry in terms of its three subcategories—clothing, shoes, and bags and accessories—what else do we need to stress? The most money is made in the Clothing category, which is expected to bring in US$567.40bn by the end of 2023.
In conclusion, there is no question that the fashion industry is at the top of the eCommerce market. This market segment has a lot of potential, so if you want to try dropshipping in this market, you will definitely be successful. Or, really.
Finding the right products to dropship is another very important part of running a successful business in the fashion industry. In this article, we’re going to talk about the best fashion products to dropship.
But first, let’s answer a simple but important question: what makes a product successful?
What is a product that does well?
A product that does well is one that is liked by a certain group of people. In other words, it is known that winning products sell better than other products.
To give a better example, there will be products that stand out and sell like crazy in a certain portfolio. Most of the time, these products are the ones that bring in the most money. So, where can you get these things?
How do I find a product that will sell well to dropship?
Now that you know what a “winning product” is, let’s talk about the more difficult part: how to find them.
There are products that have the potential to be winners in the fashion market, just like there are in every other part of the eCommerce market.
What you need to do is do research and find them. For dropshipping, you could use Google Trends to do this. The more winning products you can find to dropship, the more money you can make. When looking for winning products, there are two things you need to keep in mind:
How well-liked the fashion category is?
Based on these two things, we came up with several different categories of winning fashion products to dropship.
In the fashion industry, what are the best items to dropship?
We’ve reached the part where we’ll talk about which fashion products are the best ones to dropship. We’ll divide them up by the type of fashion they belong to. Certainly, we’ll start with the best-selling items in the Apparel segment, which brings in the most money.
Dropshipping Clothing: Products that do well
A successful online store needs to find the best products in the Apparel category to dropship. By 2025, this part of the fashion market is expected to bring in US$791.60bn. So, dropshipping clothing is something you should try in your store. But it’s important to find the right products in this section.
No matter if your target customers are men, women, or both, you shouldn’t leave jeans out of your product line. It will always be in style, so you can’t go wrong with it. Every season, everyone buys a new pair of jeans. Add different kinds of jeans to your store, and you’ll have some great items to dropship.
It’s never wrong to get a little something for the ladies. It’s a good idea to sell dresses in your dropshipping store. But if I could give you one piece of advice, it would be to choose dresses that are part of luxury fashion. Look for a store that has a lot of high-end dresses from well-known brands. When it comes to getting dressed for a wedding, party, or other nighttime event, women are more likely to choose a one-of-a-kind dress from a high-end designer than an everyday brand like Zara or H&M.
You can make more money if you find a dress supplier that sells brands like Dolce & Gabbana or Armani. Because you must already know that every girl wants to wear a one-of-a-kind Dolce & Gabbana dress.
Dropshipping bags and accessories: Products that sell well
Bags and accessories are expected to bring in $395.40 billion by 2025, making it the second most profitable fashion segment. Adding different pieces from this category to your clothing line is another way to make more money with a dropshipping store.
The “backpack” is a great item to dropship from the Bags category. No matter what kind of backpack you add to your collection—casual, fancy, or sport—you’ll get a lot of new customers. Backpacks are one of the most popular pieces of clothing for both men and women to wear today.
Many brands, including well-known and best-selling ones, invest in making backpacks because they know how popular they are. Not only that, but you can double your chances of success in the fashion dropshipping business by selling high-quality backpacks from well-known luxury brands.
Last but not least, jewelry is a girl’s best friend. There’s no doubt that it’s a good category of products to dropship, whether you’re looking to sell to women or men. To be clear, women buy jewelry for themselves and men also buy jewelry for them. So, choose some high-quality jewelry to add to your collection of winning products to dropship. When we talk about “fine jewelry,” we don’t mean cheap jewelry made from low-quality metals.
Instead, stock your dropshipping store with branded jewelry made from fine, durable, and high-quality materials. This will catch the attention of a lot of possible buyers and help you sell more online.
Dropshipping shoes: Products that win
Footwear is the last but not least category. Even though this category is third in terms of popularity, behind Bags & Accessories and Clothing, it still has great products to dropship. To be clear, the footwear market will be worth US$178.00bn by the end of 2025 on a global scale. In conclusion, people will always buy shoes because they can’t go anywhere without them.
When I think about the best products to dropship from the shoe industry, high heels are the first thing that comes to mind. If you want to get the attention of women, high-heeled shoes will do the trick.
But you’ll need a few pairs that stand out from the regular high heels that you can buy online. For dropshipping to work, you need to bring in high heels from top designers and brands that are both unique and stylish.
If you keep up with the latest dropshipping fashion trends, you already know that sneakers are worn with everything these days. It doesn’t matter if you’re wearing a fancy dress or a formal suit. All of this is okay with today’s street style.
Because of all of these things, sneakers are one of the most popular winning products to dropship. Also, if you dropship designer sneakers, your dropshipping store is sure to do well.
To sum up, all of the winning product categories listed above have a chance of helping you beat out your competitors and get your online store to the top. But even if you have jeans, dresses, and high heels in your store, you’ll still need to sell things that people haven’t seen before.
In other words, it’s more profitable to find a supplier who sells a wide range of fashion items, preferably from high-end brands, than to go with a supplier who sells products that online shoppers consider ordinary and have already seen in your competitors’ collections.