If you’re looking for a business model that allows you to own a retail store without having to lease space for inventory, worry about a supply chain, and shipping cost variances, a shop that uses drop shipping may be the perfect opportunity for you! This business model consists of three key players: you (the retailer), the manufacturer, and the customer. Your responsibility will primarily be marketing and making sales. After each sale, you simply send the order to your supplier. Your supplier then ships the product from their warehouse straight to your customer’s doorstep. If you are thinking about exploring a niche in the drop shipping industry, read on for a few unique ideas!
If you’re looking for a business model that allows you to own a retail store without having to lease space for inventory, worry about a supply chain, and shipping cost variances, a shop that uses drop shipping may be the perfect opportunity for you! This business model consists of three key players: you (the retailer), the manufacturer, and the customer. Your responsibility will primarily be marketing and making sales. After each sale, you simply send the order to your supplier. Your supplier then ships the product from their warehouse straight to your customer’s doorstep. If you are thinking about exploring a niche in the drop shipping industry, read on for a few unique ideas!
Remember to keep all these options at your fingertips with our free Small Business Startup app—available for both Apple and Android. Start with a quick quiz to instantly find the best opportunities in your region.
It’s hard to believe that the share of Americans that own a smartphone is now 85% Every year, this number continues to grow, and it shows no signs of slowing down. In fact, the smartphone market size is expected to grow from $484.81 billion in 2022 to $792.51 billion by 2029! If you are thinking about exploring this opportunity, now is the perfect time. There are hundreds of mobile phone accessory drop shipping opportunities to explore. You could specialize in one type of phone accessory or offer everything from smart phone cases and stands to earphones, earbuds, screen protectors, quick chargers and wireless speakers.
Did you know that the United States is home to 11.4 million babies? As of 2022, this represents 3.4% of the nation's population! Additionally, the U.S. is home to 23.4 million children who are five years old and younger. For entrepreneurs looking for a business characterized by steady demand, this market is an excellent option. It is estimated that kids influence up to $500 billion in household spending in the U.S. every year, and the two biggest parts are baby equipment and toiletries.
As a whole, the global baby products market size was valued at $214.13 billion in 2021. This market is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. Baby wipes, changing pads, teething toys, and of course, bath toys! Some things never change except these toys have LED lights.
Americans really do love their pets! In fact, the American Veterinary Medical Association conducted a survey that found that 85% of dog owners and 76% of cat owners think of their pets as family. With information like that, it’s easy to understand why this unique segment of buyers is often willing to pay extra for the right products. In this industry, quality matters—from food to toys and everything in between. As of 2022, 70% of U.S. households owned a pet. With a market size that large, drop shipping opportunities in this industry are worth sniffing out.
After being locked away for months on end, the health and wellness industry surged once Americans were able to leave their homes again. Since gyms have reopened, this trend has continued to grow. However, one niche market in the health and wellness industry stands out among the rest: Yoga. According to market research, Yoga is one of the largest segment in the fitness industry. Because of that, sales of Yoga gear, mats, leggings, and accessories have become an enormous market. From 2020 to 2025, the yoga accessories market size is expected to grow by $4.98 billion.
Today more than ever, buyers are using online stores to purchase their home décor and furnishings. Since the pandemic, this trend has only increased. This segment presents endless opportunities for drop shipping entrepreneurs. Here, your store can include everything from curtains to tapestry to tablecloths and beyond. In 2019, the global home decor market was valued at $616.6 billion and is estimated to grow to $838.6 billion by 2027.
We hope this guide has helped inspire you to break into the drop shipping industry. Keep in mind that the above list is only the beginning. Whether you’re selling perfume, men’s personal care, electronics, or kitchen gadgets, the opportunities in this industry are seemingly endless. With that said, remember to take your time to explore all your options. Selecting a trusted drop shipping supplier is a critical step in this process but the more popular the supplier, the more competition selling that item.
Rather than going out on your own, sometimes, it makes more sense to invest in an existing opportunity that offers the recognition of a well-established brand and a proven track record of success. These are called “Franchise Opportunities.” To learn more, start by exploring a few franchise opportunities in the drop shipping industry, below! If anything catches your interest, download the free Small Business Startup app to keep all these options at your fingertips—available for both Apple and Android.
Fresh Coat is North Americas leading high-volume interior painting company. Be the boss - dont paint Build an organization in an industry with high income potential. Fresh Coat is a turn-key franchise offering high profit margins and low start-up costs. Inquire now to learn more.
Start your own web design business with SiteSwan. Create & sell websites to small businesses in your area with our easy-to-use, private label website builder. Set your own prices - keep 100 of the sales. Our turnkey platform is designed for anyone looking to sell websites to small businesses - no experience needed.
The demand for healthier food choices is exploding dont miss this window of opportunity Provide in-demand healthier snacks and drinks through our state-of-the-art vending systems. Enjoy franchise-level support without the financial burden of paying royalties or ridiculous fees. Start part-time, keeping your current job and benefits, while enjoying complete flexibility with your schedule. Run your passive income business from home, managing it remotely 24/7 with no need for employees.
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and investors act as the capital partners, Automated Investments works tirelessly behind the scenes as the operation partners providing 20-50 monthly ROI. Automated Investments handles the Amazon store creation, product research, product purchasing, Amazon FBA product prep, shipping the inventory to your Amazon FBA store, full complete custom support and ongoing management. We lift our fingers so you dont have to.
Blue Coast Savings Consultants is a leading consultancy in cost savings and expense reduction. For over 30 years, our advisors have helped businesses enhance their profits and achieve greater financial flexibility by cutting unnecessary costs. If we dont deliver savings, theres simply no fee.
Bath Tune-Up specializes in full-service bath remodels of all sizes, from quick updates to full-scale renovations. Our four core services include bathtub and shower remodels, tub-to-shower conversions, and complete bathroom remodels. Our streamlined, personalized remodeling experience offers custom to curated design options that deliver stunning results.
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