Many beginners tend to enter the common pitfall of dropshipping low-ticket items, and get tired of the intense competition. Without taking the business seriously, most quit in a short time. Honestly, it isn't exciting at all if an order just allow you to earn about $10 and have customers care too much about the low prices instead of product quality, services, brands, etc.
Today, I am gonna make a comparison between high-ticket and low-ticket products for you. Also, I will teach you how to enter the high-ticket market and gain higher profits with fewer orders.
Click the button below to find out everything about it!
By going through the video, you will learn:
0:34 What is a high-ticket product?
1:09 Pros & cons of selling high-ticket products
High ticket dropshipping products are much more expensive than commonly sold items since the acceptable profit margin for high-ticket products is about 35-40%, each $500 sale will make you a profit of about $175-200. It sounds appealing, isn't it?
Be clear about the pros and cons of high-ticket dropshipping so that you can aim higher and achieve success more easily.
3:37 How to enter the high-ticket market in a better way?
ow to enter the high-ticket market in a better way? These are the best practical ways that you can follow to ensure the best product quality & service, successfully build trust with your audience, develop a robust sales & marketing strategy.
(Click on the specific time which is at the beginning of the title of each part to quickly shift to the part which interests you the most in the video.)
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