15 Best Dropshipping Products & Business Ideas [2024]
Interested in starting a dropshipping business?
Dropshipping is a distribution method where the supplier doesn’t need to store any inventory and only has to ship the product when an order is placed.
This means that you don’t need to worry about having an inventory of products, which makes it a great option for small businesses and startups.
Dropshipping is one of the most popular ways to sell online because it’s so easy to get started with little financial investment. It’s also ideal for entrepreneurs who want to start their own business, but aren’t ready or able to invest in expensive inventory.
We put together a list of the best dropshipping products & business ideas you can start in 2024.
In this list of ideas, you can find:
- Home-based drop shipping businesses
- Low investment dropshipping business ideas
- Unique dropshipping business opportunities
Here is a list of the top dropshipping business ideas you can start today.
1. Dropshipping men's grooming products
The global market for men’s grooming products is witnessing steady growth due to growing consumer preferences, and it is expected to witness a CAGR of 4.29% in the next few years.
Products such as shaving foams, face creams, after-shave lotions, and body sprays are among the highest in-demand men’s grooming products.
To start a men’s grooming products dropshipping business, high-quality research products, find a market, build a website and launch the business. Remember, as you begin the drop shipping business, people will come up with ideas. Listen to your customers, and implement necessary ideas to ensure the company is booming.
How much you can make: $1,000 — $650,000/month
How long does it take to build: 180 days (?)
A 22-year-old Korean American entrepreneur shares the story of how he pivoted from a beard growth cosmetic business to a beard care brand, built a strong community with a 30% customer retention rate, and scaled to a six-figure revenue with primarily Facebook ads.
2. Start an online dropshipping course
Dropshipping is one of the best online business ideas you can start and earn a passive income without much of your engagement. However, as more entrepreneurs launch their dropshipping websites, the competition has heightened and it's important for entrepreneurs to keep learning new skills.
If you have some dropshipping experience, launching a dropshipping training course can be a profitable business. You will take the entrepreneurs through niche research, finding suppliers, conversion optimization, advertising, and how to automate their business.
How much you can make: $10,000 — $290,000/month
How much does it cost to start: $4,000 (?)
How long does it take to build: 90 days (?)
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
3. Start a dropshipping apparel
Revenue in the clothing market will reach a staggering $153.6 Billion in the next few years.
With online shopping growing steadily, starting an apparel dropshipping business is becoming a go-to niche for many new and established e-commerce business owners.
If you are interested in starting a clothing dropshipping business, find a reliable and experienced dropshipping platform that allows you to Easily add your clothing items and start to dropship fashion.
How much you can make: $150,000/month
How an online dress shop sold 10,000 dresses in 3.5 years to reach their first $1 million in revenue, and now generates an average net gain of 22% with consistent SEO and paid advertising strategies.
4. Start a furniture dropshipping business
Furniture is a must-have item for every office or home. In fact, online furniture search is becoming a popular trend, which is reason enough to consider starting a furniture dropshipping business.
If you are looking for a cost-effective way to start selling furniture online? Drop shipping is the way to go.
Starting a furniture dropshipping business keep in mind that furniture items can be of any size and fragile as well, hence will require special transportation to ensure safe delivery. To become a successful furniture drop shipper, you’ll also need to find reliable furniture suppliers and target the right customers.
How much you can make: $13,400/month
How a military veteran turned business coach started and grew multiple profitable eCommerce businesses, including Modern Workspace and Best Michigan, leveraging his healthcare background, network, and storytelling skills, and using a variety of marketing strategies including Instagram, Facebook, Google Adwords, influencers, and SEO, to achieve passive income and pursue his passion for speaking and coaching other entrepreneurs.
5. Start a bikes dropshipping business
The global two-wheeler market continues witnessing a high demand these days. Besides, governments are focusing on encouraging electrified two-wheeelers as a strategy to deal with popllution.
As the two-wheeler market keeps growing, starting a bikes dropshipping business can be a profitable business opportunity for the entrepreneurs.
6. Start a dropshipping artisan made accessories
The demand for crafted jewelry, handcrafted stoneware to lambskin pillows is at an all-time high. Consumers are looking for unique, expressive pieces that serve both aesthetics and function, to incorporate into their homes and offices.
Thus, if you love art or you understand where to source unique items, consider dropshipping artisan-made accessories.
Before starting a dropshipping business along this line, study consumer trends and preferences. Remember that the last decade brought a great and wide shift in the consumer mindset, and so they are concerned about sustainability and ethical consumption. Therefore, understanding these trends and preferences can help you serve them better.
How much you can make: $6,000 — $10,000/month
How long does it take to build: 90 days (?)
Temples and Markets founder Judith Treanor sources handmade, unique and sustainable artisan products from Southeast Asia for her online store, curating accessories, bags, jewelry and home decor to appeal to conscious consumers aged 30-55 who love to travel, with a 24% returning customer rate and an online conversion rate of .33%.
7. Start a Dropshipping masquerade masks
Masquerade masks are popular among communities that celebrate mardi gras, weddings, prom, and masquerade balls Plus, masks are really popular among prom going audience. If you have a passion for cultural events, selling masquerading masks online could be a viable business option.
Source uniquely designed and comfortable masquerade masks and start your masquerade masks dropshipping store.
How much you can make: $25,000/month
How much does it cost to start: $3,000 (?)
How 2 marketing professionals turned a $3k investment into a profitable eCommerce business, VIVO Masks, with monthly revenue of $25k in just their third month by sourcing and selling authentic Venetian masks handmade in Italy to the North American marketplace.
8. Start a Dropshipping fitness equipment
If you are interested in starting a dropshipping business but not sure which niche, you may consider the fitness and gym equipment niche. This niche is highly profitable because staying healthy and fit has become a lifestyle these days. People are beginning to set up at-home gyms, a trend that has pushed demand for gym products online.
Unlike other niches, the fitness niche has several sub-niches which means you are not limited to a particular one.
How much you can make: $150,000/month
How much does it cost to start: $550 (?)
Gym and Fitness is one of the largest online retailers of home gym equipment in Australia and New Zealand, servicing 450 customers a week and generating $150k/month in revenue, and founder Dave Barnes shares tips for aspiring founders.
9. Start a rugs & carpet dropshipping business
The demand for carpets and rugs is forecast to advance 1.1% annually, so this is a profit-making industry to venture into.
Do you know a supplier who makes soft, warm, and best-quality designer rugs? How about starting a rugs and carpet dropshipping business? Just find the right market and match it with the suppliers, and you will make a good income from dropshipping carpets and rugs.
How much you can make: $40,000/month
How much does it cost to start: $3,000 (?)
Mundoalfombra.com is a Spanish-based rug and carpet e-commerce retailer that has seen 20% growth since the beginning of the decade, making around $23K/month revenue, and plans to further internationalize in the future.
10. Start a dropshipping hair extensions
Millions of people spend big bucks on hair care products which include wigs and extensions. Based on the current trends, the global hair and wigs and extension market is a billion-dollar industry and it only go up over the next few years.
With so much demand, dropshipping hair products such as wigs and extensions will be a profitable business. To start your wigs and hair products dropshipping business, research suppliers, decide where to list, establish your store, and start marketing.
How much you can make: $650,000/month
Private Label Extensions is a hair distribution and technology company that builds hair brands from A to Z for entrepreneurs, achieving over $650,000 in monthly sales and ranked #278 of the fastest-growing companies by Inc Magazine for 2018.
11. Develop a dropshipping software
A successful dropshipping business is only as good as its software. Online sellers use dropshipping software to automate the process of listing items online, receiving customer orders, and sharing details with suppliers to fulfill the orders.
If you have coding experience and understand how dropshipping software works, consider building your dropshipping software.
To start, analyze what’s available in the market today, and identify gaps. Come up with strategies for filling these gaps, and start building your software.
Test it out with a few online retailers, optimize and launch.
How much you can make: $10,000 — $75,000/month
How long does it take to build: 90 days (?)
Founder of Hustle Got Real shares how he turned a side hustle into a business generating $18,000/month with over 15,000 customers in 25+ countries, and offers insight into the process of designing, prototyping, and launching a successful e-commerce software tool.
12. Start a dropshipping jewelry
In the last decade, the annual online jewelry sales in the US have seen a huge surge and this is now a billion-dollar industry. Jewelry is a highly profitable niche and it is easy to start a jewelry business as you will find lots of suppliers worldwide.
Furthermore, dropshipping stands out as the best model to use for your jewelry-based eCommerce business. This is considering that jewelry items are light and small, making them an excellent dropshipping option.
The jewelry market covers a wide array of fashion accessories including rings, cufflinks, necklaces, bracelets, and watches. Before starting your jewelry dropshipping business, you must invest your time in finding a trusted jewelry supplier.
13. Start a fragrance dropshipping business
The fragrance industry is one of the most lucrative and successful industries. According to statistics, the global fragrance and perfumes market is estimated to reach 52.4 Billion US dollars in the next few years.
Online fragrance retailing is such a booming business, that needs minimal investments and there is a quick potential return on investment. Therefore, if you have a passion for beauty and personal grooming, consider starting your own fragrance dropshipping business.
How much you can make: $2,000,000/month
Canadian fragrance retailer, Fragrancebuy, shares how they became one of the fastest-growing companies in Canada and the USA, by focusing on adding value at every stage of the customer's purchasing experience and using platforms such as Shopify, Google Adwords, and Facebook Ads.
14. Start a baby products dropshipping business
Baby products are in high demand, and there's a lot of opportunity for growth in this business. You can start with a small store and expand as you grow your customer base.
Newborn baby wrap blankets, baby carriers, nappy backpacks, and newborn hygiene essentials are among the hottest baby products today. If you love the baby products niche, starting your baby products dropshipping store could be a million-dollar business idea as this is an ever-expanding industry. Make sure you search for reliable suppliers and offer the best quality to your customers.
15. Dropshipping kitchen products
Kitchen products are a booming industry right now. People are always looking for new ways to make their cooking experience more fun and exciting, or just more efficient. Whether it's a new knife set or a cool new gadget for your oven, there's no end to what people will spend money on if it means their cooking will be easier or more enjoyable.
Now, people are taking more interest in cooking than ever, a trend that has led to the kitchen supplies industry growing at a higher rate. With kitchen products being among the top in-demand items today, starting your kitchen products dropshipping business can be a great business venture.
Kitchen products suitable for dropshipping include appliances, chopping tools, food containers, utensils, kitchen cutters, and other kitchen accessories.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
