How to win at high ticket dropshipping? There is a golden rule in this business, and it’s to find “high volume, low cost” products to resell, for low-profit margins.
However, when it comes to “low volume, high cost” dropshipping, otherwise known as high ticket dropshipping, not many decide to try it out.
This market has huge opportunities, while you won’t find many competitors that actually succeed.
Before we dive deep, Learn How To Find The Best Dropshipping Niche for Your Business in 2023.
What is High Ticket Dropshipping?
The simplest definition of high ticket dropshipping products is ‘selling low-volume expensive products at high prices. Most of these dropshippers are experienced and earn really big profits throughout the year.
👉 Learn How To Find High Profitable Dropshipping Sales Channels.
Besides, they switch between multiple high ticket dropshipping product categories by checking out which ones are currently trending. They usually use Google Trends to achieve this.
Basically, anything priced over a few hundred dollars can be sold for larger profit margins. That’s what high ticket dropshipping products are all about. The higher the price, the higher the profit margin.
👉 Read about the Best Dropshipping Products In Any Niche For Max Profits.
Indeed, you can sell a yacht for $200.000, although the original price was $150.000. You’ve just made $50.000 from a yacht sale. A more realistic example is to sell branded jewelry, such as watches and necklaces, or designer clothing.
You can sell a designer dress for $1500, earning $500 in the process. And that’s just by making one sale.
So, you now know the difference between selling a $5 T-shirt and a $500 T-shirt. This leads us to the next question.
👉 Check out The Definitive Guide For Dropshipping Personalized Products.
How can you find high ticket dropshipping products?
First and foremost, you need to check if every supplier out there, is willing to sell high-priced products. Then, they’ll probably have tons of filters on the side, while you’re browsing the products.
If you can, select only the most expensive products, and filter them by typing in over $500 if needed. But, even if you want to do this, where would you find such suppliers?
Google won’t be of much assistance, but perhaps Dropshipping will. We handpicked only the best high ticket dropshipping suppliers out there, separated by category.
Here you can check our ultimate overview of the Sell The Trend Tool.
Let’s have a look at them all. This is guaranteed to help you find the perfect products to resell for high-profit margins.
The Best High Ticket Dropshipping Product Categories
Eager to find out which product categories are the most profitable this year? Consider using the category that suits you best, because even an inch of extra incentive will add to your success.
In other words, if you’re inspired and motivated within a certain category, this could prove to be a winning formula for your online business. Without further ado, here’s the list.
1. Automotive Equipment
Car parts and equipment have always been expensive. Engines can cost up to several thousands of dollars, and the smaller parts up to a few hundred.
Discounts off retail prices are large, which enables resellers to earn decent cash with the local car repair shops. It’s one of the most decent industries with fast-expendable products, and it’s highly demanded at all times.
👉 Check out the Top 10 Car Accessories Suppliers for Dropshipping & Hot Selling Car Parts Products.
Preferred supplier: Keystone Automotive Parts
2. Home appliances
Before reading this, you should learn How to sell home decor online.
No matter if you need to replace your old fridge or have just moved in and you need a new one, it’ll cost you. People buy home appliances every year because new gadgets come out all the time and they’re essential for chores around the house.
👉 Check out the 10 Best Knife Dropshipping Suppliers In 2022.
What better way to make high profits than to sell kitchen appliances, as well as home entertainment electronics? There are hundreds of gadgets to choose from, with profits ranging between $100-1000, and sometimes even more. It’s a great opportunity for every electronics reseller.
👉 Learn everything you need to know from market trends to profitability and marketing tricks for the home organization niche.
Preferred supplier: B&F System
Selling electronics is ever-popular since we all use them. It’s estimated that over 5 billion people use mobile devices, over half of these being smartphones.
💡 Tip: Explore the Mobile accessories niche.
Thus, people need adapters, cables, headphones, accessories, and other types of electronics, to function in this modern world. You can even resell karaoke machines, home theaters, TVs, universal remotes, projectors and screens, and much more.
👉 Check out the Top 10 Electronics Dropshipping Suppliers To 10x Your Sales.
Preferred Supplier: Sunrise Wholesale Merchandise
4. Branded clothing
One of the most profitable categories on the list is dropshipping branded clothes. Willing to start dropshipping clothes? Amazing! They’re easy to sell because the trends keep changing and people want to dress up for the occasion.
👉 Check out the 11 Best Clothing Dropshipping Suppliers In the USA & Europe.
In other words, clothing is always considered an “expendable” category because the products tend to wear off after a while. Most importantly, the profits you can earn vary between $50-2500 per order.
Believe it or not, people sell fashion dresses from famous brands for thousands of dollars. It doesn’t necessarily mean you’ll sell 20 of these in a month, but you can still earn anywhere between $5000-20000 if you really put your mind to it.
👉 Learn How to Pick a Fitting Name for Your New Fashion Brand.
💡 Tip: Check out the UK Clothing Dropshipping Suppliers: Top Companies & Winning Product Ideas.
Preferred supplier: BrandsGateway
Bicycles of all makes are always in demand. They promote a healthy lifestyle, save you gas money, and a lot of time getting to work.
No matter if it’s a mountain bike, a road bike, a BMX, a commuting bike, or any other type, they do cost money.
👉 Check out the Top 10 Outdoor & Tactical Gear Dropshipping Distributors And Suppliers.
Are you already getting the idea? Yes, you can dropship bicycles for decent profits. They can range from $200, to $5000.
The more expensive ones are, of course, harder to sell, but with the right advertising, you can make a lot in a month.
Preferred supplier: Dutch Bicycle Wholesale
6. Boat Accessories
Reselling boat accessories is an extremely rare job, as not many dropshippers know about it. It might take a few weeks, months maybe, to familiarize yourself with boat accessories.
However, once you figure out the prices and functions of each part and accessory, you can start making calculations.
Choose between safety equipment, ropes and cordages, cabin equipment, plumbing, navigation, electrical, engine parts, and other accessories.
Preferred supplier: Nova Argonautica
Reselling jewelry is common among high ticket dropshipping experts, although most dropshippers tend to sell “the cheap stuff”.
Of course, there are all types and price ranges of jewelry. However, not all bring you high-profit margins. Want high profits? Then chase high ticket dropshipping products.
👉 Learn everything you need to know about Dropshipping Jewelry: Best Products & Suppliers for Jewelry Dropshipping.
Therefore, selling gold and silver jewelry is a completely different league. There’s no need to explain how much you can profit from these products.
By selling but a few grams of fashion jewelry and accessories, you can make thousands of dollars. Problem is, you need to find buyers for this stuff.
Read about Dropshipping Watches: 7 Best Watch Suppliers and Products to Dropship [+Pro Tips]
Preferred Supplier: GND Atlanta
8. Digital cameras & camera accessories
If you are considering starting dropshipping digital camera or camera equipment items you should definitely not wait! Without a doubt, today’s cell phones have great cameras. They have enabled a photographic boom that shows no signs of slowing down.
Thus, thanks to mobile phone cameras, apps, editing, and sharing, people now have access to creative paths. However, a smartphone will never be able to completely replace a DSLR.
Moreover, this is a high ticket dropshipping business whose products cost up to $2000. So, imagine selling a digital camera for $1500, which you supplied for $1000?
You will still gain more profit even after one sale, rather than making maybe 50 sales of some low ticket products.
Furthermore, in the digital camera or camera equipment niche, almost all the product types are over $100.
As the number of photographers and individuals interested in shooting and creating perfect images and videos increases, so does the camera equipment market too.
Furthermore, a wide range of camera equipment is selling successfully online.
You can dropship a camera lens, camera bag, memory card, tripod, filters, flash, additional batteries, camera flash ring, portable picture printer, and more.
All these camera equipment products are considered dropshipping high ticket items. For example, camera lens prices range from $50-2000, and camera flash rings can be over $140.
👉 Learn everything you need to know about the camera equipment niche.
9. Unique Furniture
Couches, tables and chairs, massage chairs, cupboards and dressers, workstations, and much more are all part of the furniture specialization. When selling these product ideas via dropshipping, make sure to sell only the most durable and well-crafted ones.
💡 Tip: Read about the excellent choice of unique furniture of MyDepot.
So, as today’s more luxurious interior is in trend, people tend to buy more unique furniture styles. Thus, these products keep higher prices ranging from $200-$5000 and more.
👉 Check out the 10 Best Furniture Dropshipping Suppliers In the USA.
Preferred supplier: WarmlyYours USA
10. Drones and model aircraft
Drones are currently one of the most profitable high-tech products.
This high ticket products offer enormous usefulness in a variety of businesses and are extremely popular among professional and amateur photographers.
Obviously, camera drones capture amazing photographs from locations that standard cameras cannot reach. For example, quadcopters are surprisingly speedy and precise, and the greatest part is that they can be purchased at any moment.
Therefore, drone cameras are undoubtedly among the top ten high-ticket dropshipping items to offer in 2022.
Preferred Supplier: Hobbyking
Explore High Ticket Dropshipping Suppliers
Finding trustworthy dropshipping suppliers might be difficult since there are so many of them. However, not all of them are reliable, and not all of them are high ticket dropshippers.
In addition, purchasing high ticket dropshipping products from dropshipping suppliers that are a scam might cause you many headaches. Therefore, you may have bad communication with suppliers, waste money on low-quality items, delivery difficulties, and other concerns.
However, you will not experience such issues if you use our supplier directory. Because we give you a list of reliable dropshipping suppliers. Moreover, we talk about a huge supplier base with more than 2050 dropshipping suppliers.
So, what does the Dropshipping.com supplier directory provides, and how it works?
This supplier directory is very simple to navigate because it has various options by which you can search for suppliers.
First, on the left center of the supplier landing page, you can choose to list the suppliers by their type, or more specifically by a dropshipping niche.
Next, you can also list the dropshipping suppliers by shipping costs (variable, free, fixed), product costs(as you can see below in the photo – by different price ranges), and shipping location. So, the product cost range can be a great high-ticket item supplier guidance.
Besides, once you enter a specific supplier review, you have all the needed information about the supplier, like
- Short supplier description
- Shipping costs
- Product costs
- Average processing time
- Minimal order
Check out the example below.👇
Easy right? Moreover, our premium directory offers 2000+ dropshipping suppliers to choose from and a lot of other dropshipping resources:
- Daily winning products
- Software discounts
- Dropshipping suppliers directory
- Spy on dropshipping stores
- Ecommerce tools
- Downloadable guides & templates
- Dropshipping apps & mindmap
- Handpicked winning niches
- Interviews and success stories
💡 Tip: Learn How to navigate inside the Dropshipping 2.0 Community.
3 Challenges when Dropshipping High Ticket Products
Once we saw all the great things that come from high ticket dropshipping niches and products, we must mention that there are some challenges too. Therefore, as a high-end dropshippers keep in mind the following:
1. Higher startup costs
First, when we talk about “higher”, we are probably making comparisons between some things.
So, if we compare dropshipping high ticket items vs low ticket items, the answer is YES, you definitely have higher startup costs when you dropship high ticket products.
In addition, you will need to invest more money in your store design. Thus, you will need a professional-looking dropshipping store and logo.
👉 Check out the PageFly Review: Website Builder To Customize and Optimize Your Shopify Stores.
Furthermore, you should think about a larger advertising budget because you will need to persuade more buyers to purchase your high ticket products.
The reason behind this is that the more expensive a product is, the more difficult it is to sell on the market.
💡 Tip: Learn about the 5 Dropshipping Risks and How to Avoid Them.
2. Profitable dropshipping products are riskier to sell
Imagine you are selling a $10 yoga mat, and it went missing during transport or was damaged. You will just apologize to your customer, and give them a refund. No worries at all.
Now, imagine that you are selling a digital camera that costs around $500, no worries now?
Yeah, we don’t think so. That means that dropshipping high ticket products are way more profitable, but riskier too.
👉 Learn How to Set up & Manage Your Shopify Return & Refund Policies? [Full Guide].
3. Greater marketing strategy
To reach your target audience, you’ll need a strong marketing and sales strategy. [Check out: Shopify Marketing: The Strategy & Tactics You Can Use To Promote Your Store.]
Remember that you are not selling items that people buy on impulse. As a result, you’ll need to take them via the best sales funnels.
👉 Learn how to Boost Sales by 47%: Why Upselling and Cross-Selling When Dropshipping.
Furthermore, you may see an increase in the number of chargebacks. To limit the number of chargebacks, you must give great customer service and have a clear and transparent return policy.
Undoubtedly, you’ll need to create a customer journey for them and promote your profitable dropshipping products accordingly.
👉 LEARN: How to Create Your E-commerce Customer Journey Map.
Please NOTE that selling high-ticket products may not be the greatest option for dropshipping beginners, and the one that does not have any marketing skills.
Our High Ticket Dropshipping Process To Find Products With $300,000/mo Potential
Here’s how our process of finding profitable high ticket dropshipping products goes:
Set up a niche store
As we speak about high ticket dropshipping, you better start brainstorming products that cost more than $1000. (you can take an example from the list of high ticket dropshipping products above in this post)
Don’t overthink! The more unique the product is, the better. Furthermore, it is a good idea to begin by identifying a customer’s problem and offering a solution in return for money.
Now, once you got an idea about the product you want to dropship, think about your Ideal Buying Persona. Ask yourself what he/she likes, what are his/her’s hobbies, where and how he/she lives, what’s his/her style, needs, wants, etc.
Just create this person in your mind. Now think about other products that he/she would buy.
And there, you will even come up with more than one high ticket dropshipping niches ideas.
Market research on niches
Identifying a high ticket dropshipping product is not enough. You need to ensure the potential for the product’s success.
Hence, here you can start by researching these products’ seasonality.
Somehow, most goods and niches are seasonal. What you should not want are items with heavy seasoning.
You shouldn’t want to build a store on a high ticket dropshipping niche that only sells well for a few months of the year. But, before you strike them off your list, consider whether you can “niche up,” or extend your expertise, to catch more of the year.
However, don’t see seasonality as a big problem, because it’s not. Even if you choose to sell a seasonal product, for example, a yacht (which is a summer product), probably your IBP is an enthusiast who might like skiing in winter. Write down products related to skiing in your list too!
Accordingly, we recommend you check those high ticket items on Google Trends, and see the interest in them throughout the year.
What’s more, while using Google Trends, don’t forget to check on search volumes about your product.
Next – Market segmentation. Segment your consumers into separate categories based on age, gender, income, or anything else that is relevant to the items you are offering.
Finally, competitor analysis! Do not copy them, just spy on them, especially if you are a newbie. They probably have passed the same path you are now! Therefore, follow what they are selling, product prices, marketing strategies, suppliers, customer support, etc.
For example, you can go to Amazon.com and check their Trending products, which will show you what their customers mostly buy, and from who.
Now, let’s find your suppliers!
Close high-end suppliers
We are not gonna lie, finding high-end suppliers is not easy.
Luckily, today you can totally leave this job to a dropshipping agent whose platform has a huge supplier base.
However, if you want high-end suppliers you should consider a few things:
1. Enforce MAP
MAP refers to Minimum Advertised Price. This is the price that certain manufacturers establish for specific items in order to prevent resellers from advertising below the set price. Thus, they either sell at the set price or at a higher price, not below.
Anyway, even if all of your competitors sell their items at the same price, you may gain a competitive advantage by creating a great and persuasive website and sales promotion.
💡 Tip: You can use Google Shopping and check competitors’ product prices with yours. That’s how you will avoid the ability to compete on price.
Moreover, following MAP can help you protect your brand image, and avoid further MAP violations.
2. Low Competition
You are trying to build a brand here because if you don’t and try to sell high ticket dropshipping products you will probably fail.
Customers are looking for uniqueness here, but on the other hand, if this specific product is sold by many dropshipping businesses, then it can not hold a high profit margin. Haven’t you thought about it?
Correspondingly, you should search for those suppliers that do not sell their products to a lot of dropshippers. So let’s put it this way:
🔸 If this supplier works with under 10 dropshipping businesses then you can consider it non-competitive. Further:
- 10-30: Reasonably competitive
- Over 30: Extremely competitive
Summing it up, if that specific product brand is available only in a few stores (let’s say 4), then this is your high end supplier!
3. Branded Search Traffic
When you analyze the dropshipping suppliers don’t forget the branded search traffic. Today’s marketers think that this is a very important SEO metric when establishing their marketing search strategies.
Branded Search Traffic is determined as the number of visitors to your website that came from a search engine using a branded keyword over a specific time period.
So, this metric can help you see whether the customer seeks this specific brand the dropshipping supplier provides.
👉 Read about How To Sell More With Free Traffic From Pinterest for Ecommerce?
4. High-quality products
Isn’t this obvious? Customers expect value for their money. They expect to get what they paid for. Therefore, quality is the KEY!
To make sure those specific suppliers provide what they claim they do, you can examine the customer reviews to ensure that consumers who have used the items are happy and that they are of great quality.
What you sell reflects on you/your brand, so pick your suppliers carefully.
There are several methods for contacting and managing dropshipping suppliers.
You may start simply. Email them, attempt to create a relationship, and have something to refer to when you call them.
Please NOTE that these suppliers probably receive emails from a huge number of drop shippers who want to do business with them.
As a result, you must write an email that piques your curiosity. Indeed, you should begin by creating an enticing subject line that will encourage them to open and read your email. Also, make a call! This may give them a better picture of your seriousness.
However, if you don’t feel comfortable communicating, you should consider using dropshipping agent services.
As we already mentioned above, Dropshipping.com have a huge supplier directory with high ticket dropshipping supplier and can help you onboard with them.
What’s more, you can communicate with a specific supplier by sending them a message on your own (directly from the Dropshipping.com platform). But, Dropshipping.com can do the onboarding instead of you! 👇
Run low-funnel ads to high-end supplier
Low-funnel ads are exactly what you need here!
You are selling branded and high-ticket items, and there’s no need to advertise products in order to meet your customers with them, build awareness, build interest, etc. They are already familiar with the brand.
Instead, you just need to push your prospective buyers to the buying edge and convince them to buy the product by giving them added value. And, that’s what low-funnel advertising is!
Therefore, you need a higher conversion rate! And, as we speak about conversions, we are obviously in the third stage of the funnel – BOFU – Generate Conversions With Hot Audiences.
👉 Check out the 15 Ways to Double Your Dropshipping Conversion Rate On Your Store.
As a result, this stage’s targets include users with precise intent keywords and those who have previously logged contact with your dropshipping store or ads.
How can you do this? Use remarketing, RLSA advertisements, and search campaigns.
Furthermore, the search queries contain certain verbs that suggest a purchase, such as “get” or “buy,” nearly guaranteeing actual income. Hence, the idea is to reach these users first.
What’s more, it is important to understand the many sorts of keywords, which include action, competition, geographical, branding, and particular service and product keywords.
👉 Learn about Google Ads for Dropshipping Stores: A Beginners Guide In 2022
Build a team
Next, building a team! This is also a very important matter. Never forget the rule – one for all, all for one.
We are not saying that you cannot do it all on your own. But, we advise you not to! Feel comfortable relying on other people, dropshipping tools, necessary eCom apps, etc. You need a team who can automate your whole dropshipping process.
👉 Learn what you need and How to automate your dropshipping business.
Focus on SEO/CRO
Last but not least, keep your focus on Search engine optimization, because is important for bringing your potential customers to your dropshipping store, which btw means more sales and higher profits.
However, we are not gonna lie, increasing your SEO ranking is not easy, but that is not something you should be concerned about.
With the appropriate tactics and research, as well as our brief SEO for dropshipping businesses guide, you can establish your SEO strategy and search engine rank much easier than you think.
Besides, what’s more, important for your high ticket dropshipping business is the focus on CRO.
CRO stands for conversion rate optimization, and as we mentioned above in this post, that is exactly what your high ticket dropshipping store needs – higher conversion rates and low-funnel advertising.
👉 Check out the 16 Best Marketing Apps on Shopify that can help you in CRO.
The conversion rate of any given website is defined by how many users arrived at the dropshipping store and decide to complete the transaction they started.
It is one of the most powerful measures of how well your website is working.
Most of the time, applying CRO techniques to your website does not need much technical knowledge. You may start evaluating conversion increases almost immediately by making minor adjustments to your homepage or landing page.
That being said, in order to improve conversions, you must first understand two things:
- why your users come to your site (user intent)
- how to communicate directly with their subconscious brain in order to minimize cognitive effort and steer them toward the desired actions.
The Bottom Line
Becoming a Dropshipper isn’t an easy task. Selling high ticket dropshipping products is making the journey even harder. But we got you covered on every point of making your dream come true.
Looking to create a better E-commerce Customer Journey Map? Want to find a Winning Dropshipping Product for free? Want to learn how to create your simple Dropshipping Business Plan? We are here to help you get there. Focus on what matters and keep reading our FREE resources.