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As 2023 wears on, many dropshippers are wondering what to sell next and reap a profit. That's where the Self-Defense Keychain comes to our recommendation list. Relatively new as it is, it is definitely a profitable niche to sell.
A self-defense keychain is a small tool that you can carry in case of emergency and danger, without gaining too much public attention. While a self-defense keychain may not offer the intimidation influence that guns may have, they do have a role to play in general readiness and EDC checklists.
To make it easier, this article aims to share more information about it with dropshippers who are interested. After reading through it, you should have a better idea as to why a self-defense keychain is an excellent item to sell.
We can see from Google Trends that the search trend for self-defense keychains seems to be quite flat over the course of a year. The turning point, however, comes recently and shows great potential for growth.
Moreover, people who search for this item the most are from the US. This means that the marketplace in the US has huge potential. Consequently, you are well likely to be among the first to share the pie. So, as the market for the self-defense keychain isn't so crowded, it is recommended that you should move on quickly to stand firm.
Also, if you search for this item on Tiktok, you will marvel at how popular this product is. Views exceeding one million conjure up a common scene. This means that many influencers and dropshippers have successfully monetized through this product. As evidenced by views on one of the most popular platforms, the product's popularity is self-explanatory.
The ratings of self-defense keychains are generally positive on a variety of major e-commerce platforms. For instance, the rating stands at 4.7/5 on AliExpress. Moreover, most customers give their approval for this product. The only one-star review just complains that he hasn't received this product, a problem completely unrelatable to the product quality.
Despite mostly positive reviews, there are some customers saying that the alarm/flashlight came cracked, which must be a problem that occurred during transportation. Therefore, to guarantee that the product arrives unscathed, you must find a trustworthy supplier that can keep an eye on the whole process of delivery. After all, most customers do care about the packaging of the product.
The good news is that we have confirmed that CJ can provide quality inspection service. All products shipped from CJ will experience a quality inspection in its warehouse before shipment. So, CJ may be a reliable supplier to ship your products.
The market price of one self-defense keychain is around $30. This price, however, is significantly higher than the one we represent today, which stands at $10.
With such a competitive price, you are well likely to triumph over your competitors and gain a large part of the profit share. A selling price slightly lower than your competitors could do the trick. As for selecting a supplier, you may compare the price from the following two dropshiping platforms and choose your favorite.
A self-defense keychain is a tool that attaches to your key ring and provides you with an easy way to get help in an emergency. Its size and shape vary and each type has its own unique features.
The shipping cost of the self-defense keychain is almost equal to its product price, standing at $10.65 on CJ. With this price, CJ can provide a delivery time of 6-10 days. How fast it is!
Owing to the product's special characteristics, small, shipping-friendly, and versatile, it is recommended that you buy them in stock and sell it in a wholesale way. If you don't have your own inventory, you may use CJ's global warehouses to have the product stocked as near your ideal marketplace as possible.
In addition, wholesale can further curtail your cost, as, by calculation, a single product's price can be even less, while fending off the risk of insufficient inventory from suppliers. In this way, you may reap tonnes of profits in a possibly shorter time.
On CJdropshipping, the total dropshipping price of the self-defense keychain is $22.71. The price includes $10.61 for the product and $10.65 for the shipping plus $1.45 for the service.
If you want to sell it in the US, the most cost-effective shipping method is CJPacket Fast US, which provides 6-10 days of shipping time.
On AliExpress, the price of shipping the self-defense to the US is $13.34, with a shipping cost of $5.55.
Apparently, we can see that AliExpress has an advantage over CJ when it comes to pricing. Although price is indeed an important factor when customers choose from which store to purchase products, it isn't the whole story.
More importantly, however, what customers pay more attention to is shipping time, a point for which CJ is famous. Therefore, it is no exaggeration to say that a 6-10 shipping time, as fast as ordering a package from the domestic market, is a symbol of popularity and traffic.
Despite all the aforementioned factors necessary for a successful dropshipping business, it is important for you to create your own brand and use it to enlarge your business empire. Fortunately, this product is available for customization on CJ, by which you may further increase your profits.
For customization, you should know a MOQ is usually required; that is, you have to buy a considerable number of it together for the supplier to meet your demand. The MOQ could vary from supplier to supplier. Therefore, if you have enough budget, you may contact your CJ agent for more information.
If you only wish to order a small quantity for the start, you can also try to brand your products with CJ custom packaging first.