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Best Dropshipping Niches During COVID-19

Ecommerce Dropshipping Niches During COVID-19

Best Dropshipping Niches During COVID-19

The corona virus continues to spread and the demand for online shopping is now higher than ever. Consumers have been urged to stay inside and some have opted for online shopping to fulfill some basic needs. As a webshop owner, it is important to know how to streamline your website to offer the most demanded products and maximize revenue.

There are some of the most popular products to sell on your webshop.

According to consumer psychologist Kit Yarrow, people are currently purchasing to meet the following needs: protect, entertain, and connect.

Protect

Among the most important product categories are items which consumers need in order to prepare for the virus. Health and personal care products are in high demand. Health is perhaps the top concern for people around the world and many are looking for ways to safeguard against the recent threat.

Air Purifiers

Designed to filter the air of harmful allergens and other impurities, air purifiers are a hot item during the outbreak of the coronavirus. We have all been spending more time confined at home for work or studying and the air can become polluted.

Thermometers

Along with respiratory problems, a fever is one of the main symptoms of COVID-19. According to the National Institute for Public Health and the Environment, a person should call their GP when their temperature exceeds 38 degrees Celsus. Therefore, it is important to have a thermometer available at home to monitor your temperature.

Entertain

Governments around the world have called for nationwide quarantines. No longer are people able to go to the movies, play minigolf or participate in other recreational social activities. People have resorted to other forms of entertainment to keep busy during these trying times.

Board Games/Puzzles

A popular alternative for most people has been boardgames. In fact, board games have become so popular that Hasbro’s share has experienced an increase in price due to the high demand for toys during the epidemic. Take advantage of the hype and start offering puzzles and other board games on your webshop.

Video Games

Video games are another great alternative to keep you entertained and connected with your friends. There are a lot of possibilities for webshops to offer power adapters, hdmi cables, headsets, gaming keyboards, and other gaming accessories.

Yoga Mats

Due to the closing of all sports clubs and gyms, exercise options are limited. Individual sports such as yoga, running, and cycling are great alternatives which allow individuals to get some exercise while practicing social distancing. Yoga mats and other exercise equipment can be a good addition to your webshop or dropshipping business. In fact, yoga mats and resistance bands are rising up on Amazon’s Best Sellers.

Kitchen Equipment

Restaurants closed for dining have forced many of us to integrate cooking as part of our daily routine. Cooking requires having the right cooking equipment and that’s where an opportunity arises for dropshipping businesses. Cookware stores are currently closed due to government measures and shopping online for pots on and pans is the only choice for most consumers. Baking has become so popular that it has caused a shortage of flour and yeast.

Connect

In this time of isolation, it is important to stay connected with those who matter. Luckly, we have a great deal of online mediums to communicate with friends and family. However, there are some products essential to work and study from home.

Webcam

Working and studying from home involves having video conferences. In order to conduct a successful meeting, it’s crucial to have the proper equipment. A webcam is the most important tool to do a presentation or conduct a lecture from home.

Office Products

Most non-essential employees have been urged to work from home during the epidemic. Working from home requires some essential office supplies currently unavailable due to store closures.

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6 Benefits of Dropshipping

6 Benefits of Dropshipping

6 Benefits of Dropshipping Online Stores

 

Dropshipping is a business model that allows entrepreneurs to start an online business and sell products to their buyers without ever actually stocking the items themselves. Instead, when a dropshipping store sells a product, it purchases the item from a third party and has it shipped directly to the customer.

The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfill orders.

Dropshipping is a great business model for aspiring entrepreneurs to start with because it’s accessible. With dropshipping, you can quickly test different business ideas with limited downside, which lets you learn a lot about how to choose and market in-demand products.

Here are a few other reasons why dropshipping is such a popular model:

Less capital is required

Probably the biggest advantage to dropshipping is that it’s possible to launch an ecommerce store without having to invest thousands of dollars in inventory up front.
With the dropshipping model, you don’t have to purchase a product unless you’ve already made the sale and have been paid by the customer. 

Easy to get started

Running an ecommerce business is much easier when you don’t have to deal with physical products. With dropshipping, you don’t have to worry about:

  • Paying for a warehouse
  • Packing your orders
  • Shipping your orders
  • Tracking inventory 
  • Handling returns
  • Handling inbound shipments
  • Managing stock level

Low overhead

Because you don’t have to deal with purchasing inventory or managing a warehouse, your overhead expenses are quite low. In fact, many successful dropshipping stores are run as home-based businesses

Flexible location

A dropshipping business can be run from just about anywhere with an internet connection. As long as you can communicate with suppliers and customers easily, you can run and manage your business.

Wide selection of products to sell

Since you don’t have to pre-purchase the items you sell, you can offer an array of trending products to your potential customers. If suppliers stock an item, you can list it for sale on your online store at no additional cost.

Easier to test

Dropshipping is a useful fulfillment method for both launching a new store and for business owners looking to test the appetite customers have for additional product categories, e.g., accessories or wholly new product lines.

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