Dropshipping has emerged as one of the most effective and attractive e-commerce models of recent years. Affordable, accessible, and low risk, too, it’s a great choice for those who want to try selling products online, but either don’t want or aren’t able to invest a lot of cash in the idea.

However, one of the downsides of regular dropshipping is that you’ll usually only make a small amount of profit per item sold. That means you need to sell a massive amount to hit your targets, grow your brand, and avoid being one of the 80-90% of dropshipping businesses that fail.

Fortunately, there is another option, and it’s called high-ticket dropshipping. This involves selling more expensive – “high-ticket” – items, with much bigger profits per sale. That means you don’t have to sell anywhere near as many items to make good money and see your business prosper. 

It’s an appealing option, with a lot of advantages. But, if you want to succeed in high-ticket dropshipping, you need to make the right moves. That means not only picking the right products but ensuring you identify the very best possible suppliers to keep you and your customers content.

In this guide, we’ll cover all you need to know about setting up a high-ticket dropshipping business, with tips for finding the ideal suppliers, and other essential advice.

Understanding High-Ticket Dropshipping Suppliers 

Before we delve into the details of picking high-ticket products and sourcing your suppliers, let’s first get familiar with the concept of high ticket dropshipping.

What Is High-Ticket Dropshipping?

Here’s how regular dropshipping works: a dropshipper finds one or more suppliers that can provide products they want to sell. They then set up an online store to market those products and process orders, along with other optional sales channels.

If all goes well, customers visit the store and place orders. Those orders then get passed through to the supplier, who takes care of the fulfilment – packaging and shipping the items on behalf of the dropshipper. 

The dropshipper, meanwhile, simply needs to ensure that the order is fulfilled correctly and arrives on time, while also responding to any customer queries or requests. 

It’s a simple process, and the dropshipper effectively acts as the “middleman” of the equation, bridging the gap between customers and suppliers, while taking a profit from each sale.

High-ticket dropshipping follows the same formula, but with one key difference – you’re selling high-ticket items, rather than standard or budget goods. High-ticket items are those that are more expensive than everyday purchases – think TVs, luxury handbags, sporting equipment, and electronics.

Benefits of High-Ticket Dropshipping

Since the value of high-ticket items is so much higher than the usual budget-friendly products sold by dropshippers, you can make a lot more money per sale with this model. That’s one of its biggest advantages and one of the primary reasons to choose high-ticket dropshipping.

For example, statistics show that the average dropshipper makes around 20% profit per item sold, though some can make more than that. They might buy an item for around £20 and sell it for £25, for example. That gives them a £5 profit per sale, but they’d have to sell a lot to make a living that way.

With high-ticket dropshipping, profit margins are significantly higher. In some cases, dropshippers can double or even triple their money on high-ticket sales. They could buy something for £400 and sell it for £1,000, for example. Or, in a more modest example, buy for £200 and sell for £325.

As you can see, dropshipping with high-ticket items can net you a lot of cash with only small amounts of sales. Plus, there tends to be less competition in high-ticket markets, making it potentially easier to run successful marketing campaigns and generate leads.

Another advantage of high-ticket dropshipping is that you’ve usually got a more targeted customer base to focus on. Again, that can make marketing less complicated.

Finding the Right High-Ticket Dropshipping Niche 

Picking a niche is always important in dropshipping, but especially in high-ticket dropshipping. Pick the wrong niche, and you may struggle to make sales and generate profit. But, if you can hone in on the right niche, you’ll have a shorter sales cycle and an easier time.

Researching Profitable Niches

When looking for your niche, it’s recommended to do a lot of research. Ideally, you want to find a niche that has the dream pairing of high demand and low competition. That means you’ll have a big audience to reach and not too many rivals to worry about.

Fortunately, there are plenty of online resources and tools you can use to spot trending niches and identify those with the most demand, including:

• Google Trends: Shows you what people are looking for on the world’s biggest search engine.

• Ahrefs: Often used for marketing, Ahrefs can also help you identify emerging dropshipping niches and popular products.

• Marketplaces: Big marketplaces like Amazon and eBay are also great to look at, as you can see which products are hot and which niches tend to get the most traction. 

It’s also recommended to keep up to date with the latest dropshipping trends, so you can spot profitable niches more easily, and try to select a niche you feel comfortable in and have good knowledge of. 

You can learn far more about niche selection through the High Ticket Program, which has already helped thousands of sellers succeed in high-ticket sales.

Identifying High-Ticket Products

Once you’ve found your niche, you need to dig deeper and start picking some products to sell. You might choose electronic devices as your niche, for example, and then pinpoint something more specific, like portable projectors or smartwatches.

Again, the same tips from above apply here: use research tools like Google Trends and marketplaces to see what products are in demand. Look at the prices people are willing to pay for those items and see how cheaply you can source them from dropshipping suppliers. 

Focus on finding items that you think should be relatively easy to sell, while also offering a good amount of profit per sale.

Sourcing High-Ticket Dropshipping Suppliers 

With your products chosen, it’s time to learn how to find a dropshipping supplier who can provide those products. This is one of the most important parts of the process, with over 80% of dropshippers citing supplier relationships as a make-or-break factor in their success.

Criteria for Choosing Suppliers

There are several key factors to focus on when picking your suppliers and separating the best from the rest:

• Product Quality: In high-ticket markets, quality is of the utmost importance. People won’t want to spend lots of cash on items that feel flimsy or poorly made. Thus, you need to find suppliers who offer high-grade goods to satisfy your audience.

• Shipping Times: These days, people expect products they order online to arrive quickly. This is even truer for high-ticket items – people pay a premium and expect premium service. Make sure your supplier is speedy and efficient in terms of sending products out.

• Communication: To build a good relationship with your supplier, negotiate changes to your agreement, and so on, they need to be available and receptive to communication. Look for suppliers who are responsive and easy to get in touch with.

• Reviews and Reputation: Finally, it’s always worth getting a second, third, or fourth opinion on any supplier before you decide to buy from them. Read through reviews and testimonials of other dropshippers to get an idea of what each supplier is really like to work with.

For the next step, find out how to contact suppliers for dropshipping. 

Top High-Ticket Dropshipping Suppliers in 2024

To help you get started, here’s a brief list of some of the best dropshipping suppliers to start searching for high-ticket items:

• TWM: Tom Wholesale Management (TWM) is a supplier specializing in leisure, outdoor, and sports goods. It’s ideal for high-ticket dropshippers who want to sell items like bikes, workout gear, or outdoor playsets for kids.
  
  

  

• BrandsGateway: BrandsGateway is one of the best suppliers of luxury apparel and accessories from big designer names, like Gucci and Prada. With clothes and accessories ranked among the best dropshipping niches, this could be a super place to start your high-ticket store.
  
  

  

• CJDropshipping: Finally, we have CJDropshipping, which has a huge database of suppliers selling almost every item imaginable from across the globe. There are lots of great high-ticket treasures to be found here.
  
  

  

You should also consider finding private suppliers for dropshipping for unique products. For more advice in finding and working with the best high-ticket suppliers, consider signing up for the High Ticket Program.

Building Your High-Ticket Dropshipping Store 

After choosing your products, you’ll need to build a store to sell them from.

Choosing the Right E-commerce Platform

A lot of first-time dropshippers are worried about the prospect of designing and building their own online store, especially if they have little to no experience in the matter. Luckily, these days, there are a plethora of e-commerce platforms that allow you to build a store with ease.

Examples include:

• Shopify: By far the most popular e-commerce platform, Shopify hosts a huge number of dropshipping stores. It has its own simple site builder, with cheap annual plans and lots of integrations to customize your store.

• Wix: Wix is another great option for building a dropshipping store. It has a drag-and-drop builder, letting you quickly and conveniently add elements and move them around to make a professional store without any technical experience or expertise.

• WooCommerce: WooCommerce is an e-commerce platform aimed at WordPress users. So, if you’ve already got a WordPress site or experience in WordPress, you can use this to transform a WP website into an online store and customize it however you like.

Alternatively, you can also hire someone to custom build and design your eCommerce store.

Optimizing Your Store for High-Ticket Sales

When it comes to high-ticket item sales, store design is important. Over 40% of customers agree that they wouldn’t buy anything from a site which is ugly or poorly designed. For high-ticket shoppers, the percentage is likely even higher, as customers tend to be more discerning when spending more money.

You therefore need to focus on optimizing your site to make a strong first impression and encourage users to keep clicking and possibly even place an order. Consider hiring an experienced designer to help give your store an aesthetic edge, and focus on speedy, seamless navigation, too.

You should also make sure that all of your products have detailed descriptions, along with lots of photos and even videos, if possible. This is because customers will usually want to know lots about a high-ticket item before buying it, and if you can provide lots of info, that should also minimise your store’s return rate.

Marketing Your High-Ticket Dropshipping Products 

The last but still vital step in setting up a high-ticket dropshipping business is marketing.

Effective Marketing Strategies

For all kinds of dropshipping, including high-ticket dropshipping, certain marketing methods work better than others for building awareness and generating interest. Paid ad campaigns tend to work particularly well on sites like Google or other platforms. 

Social media marketing can also be effective on platforms like Facebook and Instagram. Additionally, depending on what you’re selling, you might also like to reach out to relevant influencers to market your products and draw business to your store.

It’s also not a bad idea to investigate SEO and content creation. Publishing helpful and relevant blog posts and articles on your store can help it rocket up the Google results pages, getting you many more clicks and potential customers.

Building Trust and Credibility

As stated before, customers tend to be more discerning and cautious when buying high-ticket items. They’ll want to buy from a brand they can trust, and they may spend a lot of time ascertaining whether your store is credible and reputable enough to buy from.

You’ll have to earn their trust and establish your brand as a reliable, authoritative presence in the niche if you hope to enjoy long-term success. To do this, the simplest method is to do the basic things well – make sure you’re selling quality products, providing excellent customer service, and orders are all arriving on time.

By satisfying customers, you can naturally earn recommendations and repeat business. Some may even write positive reviews or testimonials, which you can then publish or share on your store to build even more credibility.

Conclusion: Take the First Steps to High-Ticket Dropshipping Success 

Overall, high-ticket dropshipping can be a very profitable and rewarding e-commerce model to follow. It doesn’t require the same hectic pace of sales as regular dropshipping, and if you can find the right products and market them well, you could make a fortune.

Ready to get started? Well, this guide has given you the basics, but there’s still much more to learn. The High Ticket Program is the perfect place to find out all you need to know. Reach out to our team today and start your dropshipping journey.