Dropshipping has revolutionized the way many entrepreneurs approach e-commerce and AI dropshipping will be the next big thing. With the ability to sell products without holding inventory or managing shipping logistics, it’s an attractive business model. This side hustle made a ton of headlines back in the 2020 COVID-19 lockdown as one of the best remote incomes for business owners.
Naturally, many people flocked into the business, and with high supply and low demand, many e-commerce businesses saw themselves fighting against one another. Bringing prices down and their own business as well. 🤨
Is dropshipping dead? I don’t think so. I’m building my dropshipping site, so naturally, I got inspired to write. With AI taking over the Internet by storm, the ones who can integrate it into the business naturally saw a substantial decrease in spending costs and an increase in overall operations.
Excited? Here’s a deep dive into this secret AI dropshipping strategy that few people discuss:
Find a winning product
Most people are struggling to find a winning product. Things like store design, branding, and marketing skills all come into the mix, but without a solid product to ship, you’ll be hard-pressed to promote your Shopify store. Think about it, you could be the best marketer in the world, but if nobody wants your offer, you’re toast.
Truth be told, finding a winning product is arguably one of the easiest parts.
There are two ways to find your potential winning product:
1. Find your next product on TikTok
TikTok is one of the best places to find winning products. Gen Z and Millennials actively use TikTok to watch videos and even buy products via TikTok shop. Anyone can do it, and all you need to do to find a winning product is do a little bit of product research by looking into hashtags that viewer actively view such as:
- #tiktokmademebuyit.
- #dropshippingproducts
- #shopifydropshipping
You might even be one of them but don’t know it yet!
Don’t underestimate the power of TikTok. Most of the successful dropshipping websites have been built on it for the last few years and they’re thriving. By influencing the market on why your product is interesting, it will stir up some buyers to try out your product. So do take some time to familiarize yourself with what people like.
2. Find your next product with a product aggregator
The second way to find winning products is by using a dedicated aggregator. My favorite is Tradelle.io. The platform is an all-in-one product research tool that helps you find profitable products to sell. It also offers automated order fulfillment and seamless integration with Shopify, making managing inventory and fulfillment easier.
Traditional dropshipping often relies on market trends, supplier prices, and personal judgment to select products. AI, on the other hand, can analyze vast amounts of data from multiple sources. This is where AI will be beneficial for any e-commerce business.
By considering factors such as current demand, historical sales data, customer reviews, and competitor prices, AI algorithms can pinpoint products with higher potential profitability and demand. So as you try out many products, you can switch up to higher winning products to make you constantly stay in profits.
What’s a winning product?
A winning product is a product that makes you consistent sales every day. When you’re searching for the perfect product to sell, you want at least one of these two criteria to be met:
The product has a wow factor.
A product with a “wow factor” is an item that possesses unique or impressive features, making it memorable, shareable, and likely to generate positive word-of-mouth. The Indestructible Shoes is a perfect example of such a product. It’s indestructible!
The product solves a problem.
A product that solves a problem addresses a specific issue or need and provides a solution to make life easier, more efficient, or more enjoyable. These products often have a unique selling point that sets them apart from what is on the market. An example of this is the anti-gravity case for the iPhone.
3. Generate your website with AI
By now you should have an idea of what product to sell, so It’s time for you to create your website. Most people (me included) use Shopify as It’s one of the most used e-commerce platforms worldwide.
But if I had to do it all over again, I’d use 10 Web. With 10 webs, you can generate (or even clone) any website you want with AI. You don’t have to know how to code or pay for premium templates anymore to have a beautiful website.
Another cool part about e-commerce is that you only need a few pages to get started. The six most important e-commerce pages you need are:
- A home page
- A product page
- An about us page
- A privacy policy page
- A Shipping policy page
Once you have these pages set up, you can link your site with woo commerce and cjdropshipping or any other supplier to import your winning product. Then, the only thing that you’ll need is a logo and with AI, It’s a no-brainer.
4. Steal your competitor’s traffic
We are going to use one of the most underrated platforms to discover your target market: Facebook ads library. For our goal in this article, we’ll make use of paid traffic. You’ll need an investment of at least 100 to 500 dollars.
The Facebook Ads Library is a publicly accessible database of all the ads running on Facebook and its affiliated platforms such as Instagram.
It allows you to search for and view active and inactive ads. The library also gives you information about the ads’ reach, impressions, and the demographics of the people who saw them.
Here’s how you can find your audience and ace your targeting:
1. Type in your winning product’s name in the Facebook ads library and make sure that your filters are set to “all” and “all advertisements”. In my example, I typed in lithotherapy bracelets:
2. Now you can see all the active ads. If you click on ‘view ad details’ you can find all the targeting information about the ad:
This means that you don’t have to guess anymore. With Facebook ads library, you can find winning ads and steal their targeting for your own marketing goals. Be sure to check it out.
Conclusion
My goal in this article is to show you the simplicity of starting an e-commerce. Gone are the days when you have to know how to code or even know how to attract customers. If you have any questions, be sure to leave a comment and I’ll do my best to answer them. Good luck! 😉
FAQ
Can you use AI for dropshipping?
Yes, AI can be used in dropshipping to enhance various aspects such as product selection, pricing optimization, inventory management, marketing automation, and customer service. AI-driven tools and platforms can help dropshippers make data-driven decisions, streamline operations, and improve profitability.
Can ChatGPT build a dropshipping website?
ChatGPT, as a text-based AI model, is primarily designed for generating human-like text based on the input it receives. While it can provide information, guidance, or content related to dropshipping or website development, it cannot directly build a dropshipping website. Building a website requires web development skills and tools beyond the capabilities of ChatGPT.
Can dropshipping be automated?
Yes, dropshipping can be automated using various tools and software available in the market. Automation can be implemented in areas such as order processing, inventory management, product sourcing, pricing, and customer communication. By automating repetitive tasks, dropshippers can save time, reduce errors, and focus on strategic aspects of their business.
How to find winning products for dropshipping 2023 using AI?
To find winning products for dropshipping in 2023 using AI, consider leveraging AI-powered product research tools and platforms. These tools analyze market trends, customer behavior, competitor data, and other relevant factors to identify products with high demand and potential profitability. Additionally, conducting thorough market research, monitoring industry publications, and staying updated with consumer preferences can also help in identifying winning products.
What is the best AI for dropshipping?
The “best” AI for dropshipping depends on specific business needs, goals, and preferences. Some popular AI-powered tools and platforms for dropshipping include those for product research, inventory management, pricing optimization, marketing automation, and customer service. It’s essential to evaluate different AI solutions, consider their features, reviews, and compatibility with existing systems before choosing the one that best suits a dropshipping business.
