293. High Ticket Dropshipping 101

293. High Ticket Dropshipping 101

In this episode, we break down what dropshipping actually is and why we consider "high ticket dropshipping" to be the best dropshipping method to start with in 2024 and beyond.

We tackled some myths, showing you that dropshipping is totally legit and has been around for ages. We chatted about the perks of selling pricier products, like not needing to create demand from scratch. Plus, we busted the fear of big losses from returns, explaining that high ticket items actually see fewer returns.

And the best part? You can start your own high ticket dropshipping biz on a budget, way less than opening a franchise or creating your own brand.

All in all, we're here to get you pumped about the potential of high ticket dropshipping for your first ecommerce venture.

Links

Main Points

- Concept of dropshipping

- Differences between low ticket and high ticket dropshipping

- Advantages of high ticket dropshipping

- Legitimacy and longevity of dropshipping as a business model

- Demand capture versus demand generation in high ticket dropshipping

- Perceived risks of high ticket dropshipping, particularly returns and potential losses

- Affordability and low barriers to entry for high ticket dropshipping

- Comparison with other business models such as franchises or launching one's own brand

- Data-driven insights on return rates for high ticket products

- Empowering aspiring ecommerce entrepreneurs to consider high ticket dropshipping as a viable and profitable business model

Sponsors


Timestamps

What is dropshipping? (00:00:00)

Explanation of what dropshipping is and its historical presence in e-commerce.

What is high ticket dropshipping? (00:03:10)

Discussion on the benefits of high ticket dropshipping, including capturing demand and reducing risk.

Low ticket vs high ticket dropshipping (00:05:04)

Differentiating between low ticket and high ticket dropshipping, and why the focus is on high ticket.

Misconceptions of high ticket dropshipping (00:08:42)

Addressing the perceived risks of high ticket dropshipping, including returns and marketing challenges.

What does it cost to start dropshipping business (00:17:04)

Explaining the minimal initial investment required to start a high ticket dropshipping business and the advantages of cash flow.

Setting up your dropshipping business (00:18:33)

Discussion on the essential requirements to start a high ticket dropshipping business, including email, phone number, and branding.

Running Google Ads for dropshipping (00:19:17)

Explanation of the process of running Google ads to attract customers and the potential cost involved.

How to get started today (00:20:08)

Emphasizing the minimal financial investment required to start a high ticket dropshipping business and the importance of investing time and effort.

Jaksot(435)

[R] How Long Does It Take To Learn Dropshipping?

[R] How Long Does It Take To Learn Dropshipping?

In this throwback episode of the Dropship Podcast, we answer a question about how long it takes to learn dropshipping.It's a 2 part answer, on one hand, you can learn enough to get started and make your first sales in the next month, on the other, it will take much longer to learn everything you can learn to grow a dropshipping business.We share success stories, including a student who hit $1 million in sales within ten months. If you're ready to start your ecommerce journey, this episode is packed with insights and motivation to get you moving.Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

16 Loka 202510min

3 Steps To Start Your Private Label Brand — Ep. 396

3 Steps To Start Your Private Label Brand — Ep. 396

In this episode, Matthew reveals the exact 3-step blueprint he used to transition from dropshipping to private labeling without risking everything.

14 Loka 202555min

[R] 10 Months To $750K Revenue Dropshipping!

[R] 10 Months To $750K Revenue Dropshipping!

In this throwback episode of the Dropship Podcast, have a listen to how Jayden started from scratch and quickly went on to reaching a total of $750,000 in sales in just 10 months!Jayden is a great example of what's possible with our Dropship Breakthru method if you are consistent and put in the work.Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

9 Loka 202549min

Make an Extra $1,000/Month with High Ticket Dropshipping (Even If You're Barely Trying) — Ep. 395

Make an Extra $1,000/Month with High Ticket Dropshipping (Even If You're Barely Trying) — Ep. 395

What if you could make an extra $1,000 a month spending just 3 hours on it? That's exactly what BK's doing with his dropshipping store and he's barely trying.

7 Loka 20255min

[R] How To Find USA Based Dropshipping Suppliers

[R] How To Find USA Based Dropshipping Suppliers

In this throwback episode of the Dropship Podcast, we're talking about finding the right dropshipping suppliers in the USA.We don't recommend dropshipping directories or softwares like so many other "gurus".The right way to do it is work directly with brands and build relationships within your niche.Listen in to learn more!Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

2 Loka 202516min

Good Niche/Bad Niche: Industrial Sensors — Ep. 394

Good Niche/Bad Niche: Industrial Sensors — Ep. 394

In this episode, BK and Jon stumble into what might be the holy grail of dropshipping niches: industrial sensors. These mysterious little devices - from VOC monitors to penetrometers (yes, that's a real thing) - check every box for the perfect dropshipping product: high ticket prices ($1,000-$7,500+), tiny shipping boxes, and virtually zero competition.

30 Syys 202519min

[R] Ready For Q4 In Dropshipping?

[R] Ready For Q4 In Dropshipping?

In this throwback episode of the Dropship Podcast, we talk through prepping for Q4 in e-commerce, especially Black Friday and Cyber Monday.We share experiences of hitting million-dollar sales days and stressed the importance of preparation.We discuss the differences between high-ticket and low-ticket dropshipping, noting that high-ticket items have fewer but more substantial sales.To maximize Q4 you need solid offers and proactive supplier communication. We also covered tactical advice like early ad setup, email marketing, and bundling products to create value.If you're gearing up for Q4, this episode is packed with actionable insights to help you succeed!Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

25 Syys 202534min

Don't Dropship Furniture! — Ep. 393

Don't Dropship Furniture! — Ep. 393

Jon explains why furniture is one of the worst product categories for new entrepreneurs and reveals what to sell instead for higher profits and less competition.

23 Syys 202516min

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