 What's up guys and welcome to week 51 of the product idea videos. So just in case you're new around here then, basically every single week I'll give you three really awesome products with huge potential that you can go out and test on your store. We will be continuing into year 2020 as well. So for your weekly dose of products, make sure you hit that subscribe button. So when it comes to picking products then because a lot of people ask me, there's a couple of ways you can do it. Number one is you can look at trends and the reason they're called trends is because they have a peak, they have like a spike in upward and then obviously they fall out of trend as people don't want to buy them more and trends tend to repeat themselves every single year. So for example then moving into 2020, going into January, the number one New Year's resolution and this has been on the chart for like the past 10, 15 years is that people want to lose weight and get in shape. Moving into January 2020 now would make that an ideal niche or products that would fit that niche and fix that problem or help people do that would be an obvious product to sell right now. Another way as well is to look at the evidence behind products and actually find proven products that have kind of like a guaranteed past history of selling and that's actually one of the things that I like to put into these videos too. Not only do I like to show you the products but I wanna show you the reasons why behind these products are good ones to sell now. So before we jump into product number one then if you're enjoying the video, please do make sure you hit that like button. Please do make sure you subscribe as well and finally I do read every single comment, believe it or not. So if there is a question you want to ask me, I will see it and I will respond to you. So just make sure you post it down below. That means that then thanks for tuning in and let's get into product number one, which is this Apple Charge in Dock and there's just a whole multitude of reasons of why this is such a good product to sell. The first one I wanna start with then is because it's a proven seven figure product. Like I said, I like to show evidence and proof behind these products. I just don't wanna show you rubbish in every single video and say you can make 50K selling this particular one. So one thing I did forget to mention in the intro in fact is this keynote will be downloadable which obviously includes the links I'll be using in this video. So if you wanna download it and use it for your own reference, check out the link in the video description below. It's 100% free, won't cost you any money. And that being said then, I wanna show you this store here which is currently for sale on the Exchange Marketplace. The Exchange Marketplace is basically where people come to sell their Shopify stores and some of them that aren't private listings will show you the sales history, et cetera. So we can see that this store here did $2 million in revenue and if I just show you their actual Shopify site, I believe they sell only two different products and if we use our Shopify Inspector, we can go straight to their best sellers. And number one is the AMP station. So there's huge potential for products like this and definitely scope to replicate something similar but move into different markets. I believe this store only focuses on the US. So if you're from the UK watching this, you could replicate something for the UK or the Europe and so on. There's plenty of more reasons though. There's not just the one, number one is there's, or number two, the second reason I guess is there's an evergreen market, Apple, our growing company. There's more and more people buying their products which makes it an evergreen market. The market is getting bigger and bigger which means there's gonna be more and more people looking for a particular product like this one. Number two is there's an estimated market size of $7 billion in 2020 just for charging docs. Again, I've included a link just to show you evidence of what I'm talking about. And as it says here, then buy business wire which is a Berkshire Hathaway company, a reputable company, global docking station market to be worth USD 7.3 billion by 2020. So obviously it's a huge, huge market. You would only have to secure a very minute, tiny percentage of that to make quite a significant amount of money. Number three is the perfect time of year, i.e. after Christmas. Obviously people buy each other gifts, Apple gifts, Apple AirPods, iWatches, phones, whatever it is. So now's the time in which people would start to look for accessories to go with their products and something like this is obviously ideal. Next thing as well is it's really, really easy to target on Facebook. Obviously there's so many different interests. For example, you can target Apple, you can target Apple Watch, you can target AirPods, you can target certain iPhone users. And if you include all of them into the same ad set, then you're increasing your chances of finding the people who own an iPhone, own AirPods and own an Apple Watch, in which case a product like this one on the screen now is just tailored towards your customers like it's made for that one particular person. The final points then is that it's trending right now. Again, just to show you the link, we can open this up. And now that it's finally loaded, we can see this is worldwide for the past five years for an Apple charge and dock. There's spikes in popularity and as we can see right now as I record this video, it is currently approaching the most popular it has ever been. So if you're currently looking for an ideal product to sell right now, then this could potentially be one. Just make sure you stick to the country, scroll down a little bit, you can see the interest by region. So we can see that Australia is the most popular country searching for this search term. Then it's the UK, then it's the US, then in Canada. As we've seen the store, we just looked out focused on the US, which only number three on the list. So there's definitely huge scope to move into different markets. So for example, the UK and Australia. Back to the keynote then and the final reason of why this is such a good product to dropship is great profit margins. So the purchase price, you're looking at about 14 pounds, 54, that's including E-Packet too, which is under that threshold. So if you were to dropship this, you wouldn't have to worry about VAT or import duties, nothing like that. So our price as a minimum, 39.99 less particular store that we looked at was selling it for about 55, $60. So as a minimum, I think you could get away with 40 pounds, which would leave you at 25, 45 profit, which is very good. If you account for about a 10 pound CPN Facebook, you're looking at 15 pound profit per purchase, which makes this a great product because obviously that doesn't increase anything you can make on the backend or any upsells or cross sales. So with that being said then, if you enjoyed that product, please make sure you hit that like button and let's move into product number two, which is the fitness watch slash anything kind of fitness related. Now, when most people come and ask me about this niche or products like this, unless it's kind of this time of year, then I'll tend to tell people to stay away from it just because it is quite a popular and competitive industry. However, now is the best time to capitalize it because not only is it going to be trending, but you can also kind of capitalize on other people running Facebook ads for a similar type of product. So for example then, number one, in terms of the trending, in terms of the Google Trends data, now is the perfect time because now a product like this, as you can see, is gonna be approaching its peak popularity. So again, if you're currently in the stage right now as you watch this video and you're not quite sure what product to go after, then this would be a good one to try and capitalize on. If we go back to the keynote then, there's a whole other multitude of reasons why it's such a good one. As I've mentioned briefly on the intro, it's the number one news resolution. Again, you don't have to take my word for it. Everything I say is based on either my own experiences or kind of reputable blog posts like this one here by Vittagene. And if we just scroll down to the bottom, what I really like about this one in fact is as you can see by this infographic, it gives you the number one news resolution by the actual state as well. So you can influence the way in which you target and direct your ads depending on the state you wanna go for. But what we're interested in then is not this one. Is this next one here? So the top five New Year's resolutions. And this is now nation ride. So this is the US as a whole. And we can see exercise to get in shape almost 20% and then diet to lose weight is almost the next 20%. So it's a huge market. That's almost 40% of the country, 40% of the people in the US. Then number one New Year's resolution is to get in shape or lose weight. Back to the keynote then and there's some more reasons. Number two is a fast way to make some cash. So a lot of people who watch my videos tend to want to do drop shipping for three to six months to try and build up some cash so they can pursue something else or then start to build something more long-term. So this would be an ideal way of doing it of jumping on the back of a trending product is an ideal way to do this because you can capitalize on other people's marketing. So you're not gonna be the only one advertising on a product like this. So what happens is that somebody will see somebody else's ad for a similar product and they'll be thinking about buying it. They won't necessarily buy it there and then but then when they see your ad that might trigger them to actually take that action and buy the product because it might be the third or fourth time you're seeing a product. If you've been running a drop shipping store for some time now you've probably been contacted by customers saying that they want their money back or they've got a question about that order. In fact, they've never actually ordered it from you because they've got you confused with a different company advertising the same product. So you can capitalize on this as people see other people's ads for the same similar product it might actually be your ad in which they click on and make the purchase through. Next point is there's tons and tons of different upsell and cross-sell opportunities. If you think about the fitness niche as a whole just how many different products that are that you could offer. There's great profit margins to be had as well for a particular product like this because when somebody sees the products like this it's difficult to guess whether it's worth say 10 pounds or 100 pounds because they all do look fairly similar and one way to kind of increase the perceived value of yours or to give customers a reason then to buy from you and not the next person is to have a USP so a unique selling point and one or a couple of different ways in which you could do this then is you could offer a free gift with yours which would give customers a reason to buy yours and not somebody else's because you could offer them a free e-book you could offer them a gym towel, a gym bottle, et cetera, obviously just make sure it's relevant to the person who's gonna be buying it because it's of value then it gives them a reason to spend their money with you and not somebody else. The final point then is the profit margins what we're all interested in. Purchase price for the link for this particular product is seven pounds and three pence that's including delivery too so really cheap under the duty rate as well which is always a bonus. Sale price $29.99 Now this seems to be averaged across the board if you look at loads of different stores honestly I must have looked at about a dozen different stores selling a similar product like this. 30 pounds is about average which leaves you at 22 pounds and 96 pence. Again a really healthy profit margin considering you there's a ton of extra money to be made on upsells, cross sales, email marketing, retags and ads and so on. And with that being said guys that is product number two, I hope you enjoyed it. Moving into the third and final products then and I have really strong confidence in this one. Again for the following reasons number one is because the market is absolutely huge and this is worldwide and it's growing too. So the way I would market products like this is if somebody has a parent who is older and is getting home care the home care market is absolutely huge. Again this isn't just my word for it as well click the link in the keynote it will take you to this page here this is by natural home care and if we can look at the size of the market it is about to explode and it's just getting huge. The chances are within your family you've probably heard of stories of carers being accused of stealing things or things have been going missing or they're not necessarily confident that the carers are taking proper care of somebody who they love, somebody who they want to get the best care. And a product like this is ideal for those people because it allows them to monitor what's going on and just making sure that their loved one is getting the care that they actually deserve. I've seen a couple of people sell this really, really well and trust me now is a really good time to do it because not many people actually know what products like this exists. There's also some more reasons. Number one which I've briefly touched on is it's an emotional and passionate topic. There's nothing people are more kind of emotional or connected or passionate about than their own family and family members and especially elderly people who are quite vulnerable they wanna make sure about those people especially that they're living in comfort and getting the care that they want them to have essentially. Number two is there's many other applications products like this doesn't just have to be used to keep an eye on carers or make sure an elderly person hasn't fallen over, et cetera. It can be used as just a general CCTV camera so as a safety thing so when people go on holiday they can keep an eye on inside their house or they can keep an eye on their pecs, et cetera. There's just so many different ways you could market products like this. Number three is a growing trend again just to show the data to you. So this is for home camera. This is worldwide for the past five years and as you can see there's been a steady increase over the past five years. So if you are looking for a product that's gonna sell consistently for the next, well for the foreseeable future basically then this would be a great product to sell all year round and have a strong demand that's only gonna be increasing over time. Back to the next few points then just to finish the video off. The final point I guess is customers are likely to buy more than one so challenges are somebody won't be able to cover their whole house with one camera so they might buy two or three of these things. They might even buy a couple for outside as well so you never know it lends itself to those bundle offers. You could offer three for the price of two, five for the price of four, whatever it is. There's just a great way of maximizing your profit margins with this product. Speaking of profit margins then the purchase price is gonna be about 10 pound of prox including the E-Packet too. So again, don't have to worry about duties. Now that is a prox depending on how high quality the camera is obviously in terms of sale price 29.99 I would say as a minimum I've seen people sell this for 40, 50 pounds. So as a minimum go with 30 pounds and you're looking at about 20 pound profit approximate which leaves you at 1.5 ROAS. Now that is very low and very achievable and that doesn't account either for people buying more than one of these things. They could buy two, three, four if you never know. And with that being said then guys there's one more thing left to say which is thank you very much for watching. The support for the channel recently honestly it has just been absolutely awesome. Please, please, please do keep it coming. If you enjoyed any of these products at all make sure you let me know in the comment section I do read every single one. Make sure you hit that like button subscribe for weekly products idea videos. And if you want more content then on Shopify and drop shipping but off of YouTube. So for example Instagram, head over to the link, follow me, check out the free e-books in the description below. I've got five different e-books each on a different kind of area of your drop shipping business. Again, they're 100% free. So go check them out. Let me know what you think. And finally, if you want a step by step program that includes my full guaranteed one on one support then check out my Ecom Academy. There's been some awesome results. 2020 is going to be absolutely awesome. So I'm excited to see what happens. But apart from that guys, thanks again for tuning in and I'll see you in the next one.