Looking for a Great Online Home Business: Dropship Tea!
If you’re scouting around for a profitable online home business here’s an idea for you: Dropship
Tea? Why tea?
Well, how about because tea sales are increasing all around the world?
Here are some factoids and stats about tea that should furnish you with an idea of what a lucrative niche this is:
- Tea sales in the US are expected to grow to nearly $8 billion by 2014 from its current $6.5 billion.
- Specialty/ premium tea currently holds nearly 60% of the marketshare.
- Ready-to-Drink (RT) tea sales up by 17% in the natural supermarket channel for the 52 weeks ending February 19, 2011
- RTD tea is one of only two liquid refreshment beverage categories that had positive growth in 2009.
- The USA was the sixth largest consumer of tea after China, India, Russia, Turkey and Japan in 2010.
- After water, tea is the most consumed beverage in the world.
- Tea comes from the leaves of a tree called Camellia sinensis. Although the tree can grow over 30 feet tall it is often cut short like a bush so that the leaves can be plucked easily when harvesting.
- Tea is grown in 36 countries around the world. The most famous tea producing countries are India, Sri Lanka, China, Indonesia, Kenya, Japan and Taiwan. Lesser known areas include Argentina, Bangladesh, Uganda, Malawi, Turkey, Iran, and Brazil. India is the world's largest producer and consumer of tea.
- Most tea falls into one of three categories: Black, Oolong and Green. Other categories include White and Yellow.
- A single pound of specialty tea will yield about 180 cups of brewed tea.
- Tea was accidentally discovered around 2737 B.C. by Chinese Emperor Shen-Nun who was sitting beneath a tree waiting for his water to boil when tea leaves fell into his pot.
Source: World Tea Expo
- The United States is the birthplace of Iced Tea. Today over 80% of tea consumed in the U.S. is still sold as an iced drink.
Now, you probably know a lot more about tea than you did before and can see that it is a hot and hungry niche---meaning it’s popular and very much in demand! This is great news for an aspiring ecommerce entrepreneur!
What Type of Tea to Sell?
That’s entirely up to you. But here’s the thing: when you dropship tea, you don’t have to pay for the products up front anyway, only paying your dropship tea supplier after each product is sold and your customer has paid you.
So, why limit yourself to only a few types? There is such an abundant variety of teas to choose from that you could dropship tea of several kinds and not leave money on the table because a shopper came looking through your products for a certain kind of tea you didn’t have.
That being said, you might have noticed in the list of tea facts above that specialty or premium teas account for approximately 60% of the marketshare.
Hmmmm…..that seems to make including this specialty/premium tea in your dropship tea sales a no-brainer, doesn’t it? Whichever type of dropship tea business you choose to start online, you can be sure of having a niche that will perform well for you year round.
Here’s a thought: How about offering other products that correlate with tea, such as teapots, cups, infuser balls, tea chests and canisters and more?
It’s a given that tea drinkers will be buying these items somewhere, so why not from you? This would open up more avenues for greater profits because you could cross sell, up sell and bundle.
Dropship tea for a lucrative online home business!