You can call me Mr. Wonderful, as Kevin O’Leary would put it. In this post, I will show you how to dropship Shark Tank products and how to achieve profitability before a product becomes oversaturated.

If you love entrepreneurship, you have seen the famous reality TV show for entrepreneurs, Shark Tank.

In the show, startups and serial entrepreneurs pitch their business ideas to investor sharks in hopes of securing investments.

This show stands out because most of the products featured are unique and new; hence, the idea of dropshipping Shark Tank products came into play.

The show has helped startups launch successful businesses and increase sales. 

The sharks invest in and become part of the company, providing mentorship and helping to run the business.

Why dropship Shark Tank products?

As mentioned earlier, this show features new, rare, or wow-worthy products. 

The show also boosts product popularity, making it easy to target with ads.

There is a high chance of being among the few sellers who drop-ship the product when it is still new and has low market competition.

How to Start the Process

The catch is to keep up with every episode of The Shark Tank. It is how you will identify a potential product to test in your Shopify store.

If you haven’t watched the Shark Tank show, do so to understand what I am talking about. 

To get started, you’ll need a Shopify store; if you don’t have one, consider signing up here for a $ 1-per-month offer for the next three months.

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I assume you have a shop already and know how to use Aliexpress and Dsers dropshipping apps.

A few days ago, I watched the latest episode of Shark Tank, season 11, in which two budding entrepreneurs appeared as drop shippers.

They identified a hover shoe on Aliexpress, branded it as Zuum, and presented it on the show. The product idea was great, but the only challenge they faced was that they never owned the product or had rights to it, which meant anyone could do the same thing they did.

But the idea is, if they did that, you too could do it.

As you can see, the shoe is sold on AliExpress; the only difference between ours and theirs is the branding.

But that is beside the point; watching the show, identify a product based on the following factors:

• It must have a wow factor.
• Low in competition
• High in demand
• Solves a problem or offers a solution

The right product on Shark Tank has the potential to scale and make millions, but not every product on the show can be dropshipped or easily found on the web apart from the original manufacturer.

For instance, in season 11, a startup eCommerce company presented its pitch as a wise pocket, specializing in designing pockets in women’s leggings and socks.

As you can see, the product below solves an issue for workout enthusiasts who can’t live without their phones.

These pocket legging helps them carry their phone to whatever exercise they are involved in. 

Finding the product on Aliexpress

Here is the catch: you are to go to AliExpress and type a similar keyword related to the product you just watched being launched on the show.

This must not be their original product but a variant similar to the one featured on the show.

So I just went to Aliexpress and typed ” pocket leggings. ” As you can see, there is a product that serves the same purpose as the one featured on Aliexpress.

Now you ask yourself how the product is on Aliexpress.

Let me explain this to you:

1. Either the startup companies on Shark Tank borrowed the idea from Aliexpress and branded it to fit their market and consumers,
2.  The suppliers on Aliexpress are keen on trends and entrepreneurship TV shows like The Shark Tank. They gather product ideas and produce similar products to the one launched, but avoid infringing rights by not having anything to do with the company that launched the product on the TV show.

You will find similar products, but with different branding and materials.

Targeting and product pricing

Now that you’ve imported the product to your shop, the number of products you want depends on how far you are willing to research and look for a look-alike or similar product, as featured on the show.

It is time to take you through the process of setting your pricing and targeting to reach your market.

If the pocket legging product was presented as a $19.99 retail price on the show, you must go below to at least $17.99.

The reason for lowering your price is logical; millions of show lovers have been exposed to the product and the official website for only $19.99. 

The only way to catch their attention is to have a similar product at a much lower price than the one they just watched.

As we are all aware by now, I assume you have a killer product page, upsell, and cross-sales set up and ready to launch your first ad.

I suggest you target QBC. As you know, Lori Greiner, the queen of QBC, helps most of her startups get featured on the show.

Most products are introduced at QBC and are similar to those featured on Shark Tank.

A customer who watches the show must have watched Lori on QBC and will likely buy a product they just watched on Shark Tank at a lower price.

You can do image carousels, images, or video ads if you have designed the creatives.

What are the risks involved in dropshipping Shark Tank products?

A few risks are involved in the dropshipping business since you do not control product production or shipping.

Since we are dropshipping products from Shark Tank, some of these products are trademarked and patent-pending; therefore, using specific images or video content can result in the ban of your Facebook business account.

So, you must create new content for your marketing without copying or infringing on the rights of the original creators.

You may also need higher conversions if you run ads on a limited budget, as the original creators or startups may be spending more on ads than your store; hence, you may require assistance with conversions.

Creating a video is easy. You can hire a freelancer on Fiverr for as low as $5 per 30 seconds of video length, or you can ship the product and create your own video. 

Yes, you can dropship Shark Tank products and create a one-product store, a general store, or a niche-based Shopify store centered around them.

You can extend this research by watching all Shark Tank episodes that have been aired in several countries. 

Please make time to watch all their shows and The Lion’s Den.

The best way to review all the products that have appeared on the show is to visit this website, which categorizes them by episode, category, and video. 

You can also check out all Shark Tank products.

Do you have a question regarding this post?

Kindly comment below and follow me on Instagram.

Sign up for Shopify and install the Booster theme to start a dropshipping business. 

It is one of the best Shopify themes, combining all the premium functions offered by third-party apps for a fee.

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