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How to find high margin suppliers

Posted: Wed Dec 18, 2024 4:23 am
by Joyzfsdsro343
Many entrepreneurs take the easy way out and simply sign up and pay for anything they see and think might help. However, this is not the right practice. When you are still in the startup phase, of course, you don't want to add another bill to pay for unnecessary expenses. Legitimate manufacturers will not ask you to pay any amount just to access their inventory and pricing details. Plus, finding legitimate suppliers is free when you do in-depth research.

Trying to sell low margin products from distributors .

As mentioned above, you should only work with dropshipping suppliers that offer bc data brazil high margins. Doing so will help you effectively build and scale your business to the extent that you didn’t think was possible. You should not rush the process by settling for items sourced from distributors. Remember, high-ticket dropshipping should give you high margins. Therefore, selling items sourced from dropshipping suppliers that offer low margins will defeat the purpose of engaging in a high-ticket dropshipping business.

Searching Google for “[niche] dropshipper”

Yes, we understand that this is the easiest way to research. Aspiring dropshippers usually start their journey by searching on Amazon and Google and searching for the keyword dropshipper with their chosen niche. Let’s say your chosen niche is a massage chair, then you can quickly type in a dropshipping massage chair. This is the traditional way of doing it.

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However, this type of research tends to be superficial and will only give you a more significant potential to fall into the distributors/fulfillers trap. In the next section, we will give you our secret to finding manufacturer suppliers through Google.

So, here is our secret process of finding manufacturer suppliers through Google. The way to do it is to find your chosen high-cost niche market and search for it on Google Shopping. From there, you will see where you can find niche sites that sell them. Then, simply check to see if any of those niche sites do not have a physical store or warehouse. If they do, you can rest assured that their suppliers are Dropshipping for them, and of course, they will most likely do it for you too.

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Screenshot of Google Shopping with search results for "Massage Chair"

You can then search Google to find that supplier's contact information and call or email them to see if they are setting up new online distributors. If so, ask to see their price list or get their wholesale discounts before signing a contract with them. If the prices are good, you can complete a contract to become an authorized distributor and you will be able to use all of their brand assets as well as their return, warranty, and shipping policy.

It is also essential that you deal with as many suppliers as possible so that you have a backup plan in case one does not deliver enough.

How to select high-cost products
Choosing the right niche will pave the way for your dropshipping business. This step is crucial, so you should take the time to research which niche works perfectly for you. The good thing about a niche dropshipping store is that you can enjoy less competition as you only cater to a specific audience. On top of that, marketing will be easier and more practical as your campaigns will only target select people.