High ticket sales mean selling higher-priced items as part of your dropshipping business. High-priced items mean that you get to enjoy higher profit margins on every sale that you make.
The aim behind high ticket sales is not just to maximize the number of sales that you make, but to sell high-priced items that allow you to earn more of each sale. Keep reading to find out everything you need to know before launching your own high ticket dropshipping business.
Top 10 Dropshipping Suppliers for High Ticket Sales
1. SaleYee Dropshipping Platform
SaleYee is a wholesale platform that operates for global e-commerce sellers. If you are looking for a reliable supplier for high ticket items that you can sell, then you can rely on SaleYee.
- With local warehouses in the US, UK, European countries, etc., and free & fast delivery, SaleYee empowers you to let your customers get the high ticket items straight away instead of making you wait weeks for your juicy profit margin. More warehouses are being built to cater to the needs of thousands of sellers that choose SaleYee as their high ticket dropshipping partner.
- SaleYee allows sellers from all over the world to find more than 30,000 products for high ticket sales.No matter what your customer needs, you will be surprised that almost all What’s Hot can be covered by saleyee.com.
- In case you get worried about your product shipping or have an inquiry about a certain product, then SaleYee has a professional customer support team available to help you. You can easily reach out to the team for any after-sales support that you or your customer needs.
- The best part about choosing SaleYee as your dropshipping supplier for high ticket sales is that you only need to focus on your marketing strategy. The orders from different platforms will be managed by SaleYee, including product deliveries, inventory checks, logistics, and up to 3 months of after-sales solutions.
- SaleYee is simple as free registered users are not charged a monthly membership fee. You can also benefit from a higher profit margin in your high ticket sales with the big discounts that SaleYee offers.
2. AliExpress
AliExpress has millions of products available for you to choose from. The online marketplace is owned by Alibaba, but AliExpress allows you to order single units of items as well. This helps you cater to high ticket sales since you will not have to spend large amounts of money on holding inventory of expensive items. With AliExpress, you can easily find and ship Amazon high value items in single units to each individual customer.
The best part about AliExpress is the free sign-up and high affordability of products. Since a majority of AliExpress suppliers are based in China, you can expect to find incredibly low prices for high ticket items that you can sell to your customers on a high profit margin. However, the drawback of using AliExpress is that you might have to wait weeks before your customer receives the product. Shipping to the US or Europe from China can be a hassle, which is why delivery times tend to be unreliable on AliExpress. But you may find that it is difficult to get returns and refunds.
3. Oberlo
Searching for dropshipping suppliers is impossible without hearing about Oberlo. If you are planning to sell high ticket items in the fashion, beauty, or electronics niche, then Oberlo is the right supplier for you. Beginners can benefit from the free sign-up on Oberlo that allows them to experiment with high ticket dropshipping before committing to the paid premium plan.
The best part about using Oberlo as your dropshipping supplier is that it has fully automated order management. Once you place your order, everything else will be handled by the team at Oberlo themselves. From coordinating with the supplier to packing and shipping, you can rely on Oberlo to get the product delivered to your customer. Oberlo also has automated inventory management, which means that you will never accidentally place an order for an item that is out of stock. To help you get the highest profit margins on high ticket items, Oberlo will send you an exclusive notification if one of the products on your list has an updated price.
However, if you run an eCommerce store on any other platform except Shopify, Oberlo is probably not a good choice. Choosing Oberlo as your dropshipping supplier means being limited to the suppliers that are available on Oberlo only since the site offers very limited business integration opportunities.
4. SaleHoo
This New Zealand based dropshipping supplier is a popular choice for finding high ticket items. With an extensive directory to choose from, you can find suppliers from all around the world and compare prices to find the best deal. SaleHoo has a subscription price of $67 per year, which means it is definitely an investment to partner with them. The drawback of using SaleHoo as your high ticket dropshipping supplier is that it limits you to their directory only. You cannot use SaleHoo to place retail orders on any other site, which means you will have to remain in constant communication with your own suppliers.
5. Worldwide Brands
Worldwide Brands is based in Florida and already has more than 20 years of experience under their hat. To help you find high ticket items, Worldwide Brands has verified dropshippers that promise high-quality products. If you are new at dropshipping, then the extensive training material can help you find the right suppliers for your high ticket closing.
However, Worldwide Brands only gives you a directory of items to view. To place orders or schedule payments, you will have to develop personal relationships with the suppliers yourself. Apart from this hassle, you will also have to pay a one-time fee of $299 to use Worldwide Brands.
6. Doba
Doba is an online marketplace that helps you build your high ticket dropshipping business yourself. With custom lists, you can add products that you regularly sell to your customers. This helps you operate in a specific niche and saves time searching for the same products over and over again. To start using Doba as your dropshipping supplier, a basic fee of $29 per month is required.
If you want to upgrade to more sophisticated services, you will have to pay a higher price. However, the good part about using Doba is that you can connect with manufacturers directly. This is an important benefit for high ticket dropshipping businesses because buying directly from the manufacturer means enjoying higher profit margins by eliminating a third-party supplier.
7. Wholesale2B
If you are looking for a high ticket dropshipping supplier that can be integrated with your eCommerce platform, then you can rely on Wholesale2B. Once you find the right high ticket items for your niche, you can automate the entire process and save time that is often wasted communicating with suppliers.
The best part about Wholesale2B is that browsing through their directory is entirely free of cost. You can decide to pay for the service once you actually find the high ticket items that you are searching for. However, once you start paying, the subscription plans at Wholesale2B can take up a big chunk of your monthly income due to their separate subscription plans for each service.
8. Inventory Source
Running a high ticket dropshipping business means working with multiple suppliers simultaneously. To help you create an organized list of your supplier networks and easily place orders for every item on your list, you can rely on Inventory Source. This flexible platform allows you to browse through their own directory but also gives you the freedom to create your own suppliers.
The drawback of partnering with Inventory Source as your high ticket dropshipping supplier is that you have to pay individually for each supplier. At $99 per month, you can only have one supplier on Inventory Source. Compared to other dropshipping platforms, that is a considerably high price especially if you are looking for various suppliers to manage your high ticket dropshipping business.
9. Spocket
For US and European business owners, Spocket is a popular dropshipping partner. You can automate order management and never have to worry about inventory again with their real-time notification updates. Searching for high ticket items is easy on Spocket as you can browse through their extensive high value item sheet and find the right products for your niche market. Not only is to free to join Spocket, they have a range of affordable premium plans if you choose to continue using Spocket for your high ticket items.
However, it is important to consider that Spocket is only limited to the US and Europe. To sell high ticket items successfully, you need to have wider geographical coverage and Spocket does not allow you to do that. There is also limited freedom on branding, which means that you might not be able to create a brand image of your own if you choose Spocket.
10. Suppliersdata
If you want to maximize your profit margin on every high ticket sale, then you can find the most hidden US-based suppliers on Suppliersdata. You can easily find comparatively lower prices on Suppliersdata that can compliment your high ticket dropshipping business. If you are not ready to place an order with a supplier immediately, then you can easily save them to your watchlist on Suppliersdata and keep a look out for the items that they add to the directory.
While a subscription price of $29.95 per year is quite reasonable, Suppliersdata is only limited to US-based suppliers. Compared to other dropshipping platforms, using Supplierdata could mean that you end up paying a higher price for products that you could supply for a lesser price from another country.
Top 20 High Ticket Items
- 3D Printer
- Digital Camera
- Projectors for Home Theatre
- Electric Fireplace
- Steam Showers
- Garden Hammock
- Car Roof Rack
- Swimming Pool Cover
- Automatic Pool Cleaner
- Aluminum Solar Umbrella
- Jewelry Items
- Queen Sized Bed
- Solar Garden Lamp
- Robotic Lawn Mower
- Car Seat
- Office Chairs
- Art Supplies
- Drones
- Kayaks
- Life Jackets
Top 8 Tips on High Ticket Sales
1. Target the Necessity
Customers are willing to pay a higher price for products that are a necessity. You can make high ticket sales by finding a niche of customers that have a specific requirement, such as health-related products that are essential. To find the right products for the customer, you can read through forums and social media sites to discover the customer’s problem. Once you know the problem, you can easily sell them your product that is the solution.
2. Find Pricey Hobbies
If customers love something, they will not mind paying a high price for it. Consider targeting customers that have high ticket hobbies such as guitarists or scuba divers who would willingly pay for expensive equipment. Such customers are looking for quality products, so you can sell them your high ticket items and create a brand image in the niche by maintaining a high standard of quality control.
3. Discover the Trends
Social media always have some fancy gadget or item that is currently trending. Since everybody wants to stay updated on the latest trends, they are willing to spend a higher amount on these products. Be vigilant as you scroll through social media sites to find out exactly what products are trending at the moment and try to pick up on these trends before your competitors.
4. Be Confident
Don’t let the customer feel that you are only selling a product because you need the money. Before you can make a sale, you need to believe in what you are selling. Be confident enough to reiterate that your product will certainly solve the customer’s problem or complement their everyday life.
5. Use a Sales Script
While you can certainly rely on your own knowledge of the product to make a sale, a sales script can still be beneficial. A sales script will help you remember to highlight the important features of your product during a conversation. By helping you stay on track, a sales script can help you plan the perfect pitch for the customers. But remember that some of the e-commerce platforms don’t support conversations with customers so you should understand the selling rules to avoid account suspension.
6. Ask about the Competition
Customers don’t expect you to ask about your competitors, so you should surprise them. Instead of only focusing on making a sale, ask them if they have considered buying your competitors’ products. This often results in the customer telling you about their experience with a competitor, and you can capitalize on the opportunity accordingly.
7. Learn to Say No
When you sell high ticket items, customers are likely to ask for discounts. Instead of giving in to whatever amount of money they are offering, you should remain steadfast on your own price. This will give the customer a sense of confidence in your product because your price reflects the quality.
8. Overcome Objections
Customers will ask you a hundred questions about why your product is high priced, and you need to have every answer ready. Instead of trying to make things up on the spot, you should prepare to overcome every objection that a customer has. Remember to stay persuasive enough for your customer to actually purchase your product in the end due to your well-framed answers.
Are You Ready to Launch Your Own High Ticket Dropshipping Business?
Now that you are aware of the best suppliers, the niche, and the tips for high ticket sales, we recommend that you start your business right away. If you are prepared to tackle the customer correctly, you can easily make high ticket sales in the niche of your choice.
Many people are afraid to take the first step, but that should not be you. With this guide, you can easily dropship high value items empowered by SaleYee. Launch your own high ticket dropshipping business today and earn profit margins that you had only been dreaming of in the past.
