Wholesale Hoverboards To Sell Online
Oberlo has everything you need to easily run your online dropshipping business. And it’s free!
The hoverboards niche is a high margin one for entrepreneurs looking to cash in. In 2015, over 2.5 million hoverboards were sold raking in nearly $1 billion in annual sales. The trendy product is expected to grow to $1.8 billion by 2021. Hoverboard stores can eventually expand their brand to include electric scooters, bikes or even drones. Hoverboards tend to be most popular in the United States, Austria, Netherlands, France, and Belgium. Since ads targeting Europe can be cheaper than targeting the United States, store owners can work on keeping their margins high.
The average hoverboard can cost a business owner a couple hundred dollars. Buying wholesale hoverboards would require a startup investment of several thousand dollars to meet the demand. With dropshipping, you can start marketing your business the same day you add products to your store. You can scale your business quickly as you don’t need to spend time shipping out products and only need to buy inventory as customers purchase from your store. With dropshipping, you can even continue working your full-time job as you can automate many aspects of the business. Dropshipping also allows you to sell higher quantities of different colors and styles. You can import up to 30,000 products to your store for almost no additional cost.
Oberlo dropshipping is one the easiest ways to start an ecommerce business. It doesn’t require much capital investment. You can even run a profitable business from your couch.
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