Knife Dropshippers Have a Rich Niche with Plenty of Profits
If you are considering starting a home business in ecommerce, you might be interested to know that knife dropshippers have a rich niche with plenty of profits!
Knives have been around for thousands of years. In fact, they were probably the first tool or weapon ever fashioned by mankind for self defense and hunting. Our prehistoric ancestors sat around the cave and laboriously chipped crude knives out of stone, using another stone. These primitive knives weren’t much by modern standards but one can only imagine what a boon they were to people who faced such fearsome adversaries as saber tooth tigers.
Knives continued to evolve down through the ages and progressed from stone to metal. Nowadays, you can find knives to suit many purposes. When you think of knives, your thoughts may automatically turn to hunting knives, pocket knives and others of that ilk. However, don’t overlook culinary knives as these are a very hot item.
Chefs, cooks of all kinds and everyday people use knives in the kitchen as well as at the dining table. Without knives for dining, we would all be eating steaks and other meats caveman style---just picking it up and tearing into it. Very messy!
So, if you choose to join the knife drop shippers who have “carved” out a lucrative niche, you may choose to sell an assortment of knives or stick to one basic type.
Here are a few suggestions for the types of knives you might dropship:
- Hunting Knives
- Knives for Defense or Protection
- Pocket Knives
- Chef Knives
- Kitchen Knives
- Dining Knives
It is important to note that within each of these categories are various sub-types and style of knives, so you would certainly not suffer from a lack of selection to offer shoppers.
This is a broad niche and one that would be extremely difficult to do justice to if you tried to dropship each and every style and type of knife available. Doing the SEO alone for that many products would be a staggering amount of work and take an enormous amount of time. It might be better and far more feasible to choose one sub-niche in knives and focus your energies on it. You will have a huge global target market regardless of which category and style of knives you choose to dropship.
Here are some interesting stats about or relating to knives:
Anglers and Hunters Spend Nearly $65 Billion Annually
30 Million people fished in 2006 (16 and older)
Anglers spent $42 Billion
12.5 Million people hunted in 2006
Hunters spent $22.9 Billion
Source: U.S. Department of the Interior, Fish & Wildlife Service, and U.S. Department of Commerce, U.S. Census Bureau. 2006 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation
35.6 Million Households Own Pocket Knives; 24.8 Million Own Hunting Knives
35,595,000 Million U.S. Households own an outdoor or pocket knife
Of all outdoor and pocket knife owners - 68.8% are men, 31.2% are women
Of total U.S. population - 22.97% of pocket knife owners are men, 9.72% are women
24,775,000 Million U.S. Households own a hunting knife
Hunting knife owners are 60.46% men, 39.54% women
Of all hunting knife owners - 13.84% are men, 8.77% are women
Source: 2008 Doublebase Mediamark Research & Intelligence
Assisted-opening and One-hand-opening Knives are 80% of All Knives Sold
Courts in California, Texas, Illinois and Michigan have expressly ruled that assisted-openers are not switchblades
90% of all hunters and fishermen use knives, often the same knives they carry every day
80% of new knife sales in past five years were one-hand openers and assisted-openers
Multi-tools with one or more knife blades are considered one-hand-openers for purposes of this study. They are generally banned as carry-ons by airlines and school districts with zero-tolerance policies.
Source: 2007 Report – The AKTI State of the Sporting Knife Industry (unpublished data)
30-40 Million Public Safety, Non-Issue Military, Construction, Recreational Users
Source: Estimate of total calculated by AKTI as range due to overlapping hobbies and job functions. 2008 Proprietary Report prepared for AKTI member company from data supplied by New York Times, Wall Street Journal, CNN Money, Bureau of Labor Statistics, U.S. Census Bureau, Congressional Budget Office, nmma.org, usdoj.gov, undercurrent.org, outdoorindustryfoundation.org, National Garden Association and other sources deemed reliable but unnamed per confidentiality agreements with AKTI.
- 900,000 active law enforcement officers employed (2006) - 90% own at least three knives
- 2.1 Million EMTs, firefighters, security guards (2006) - 90% own knives or multi-tools
- 2.2 Million active and reserve military servicemen/women - 90% own at least two knives
- 7.7 Million construction employees (2008) - 60% own at least two knives, 35% own multi-tools
- 17.7 Million campers (2005) - 70% own knives, 20% own multi-tools
- 6.9 Million boaters/sailors (2007) - 40% own knives, 30% own multi-tools
- 4 Million Boy Scouts and volunteer/leaders (2007) - 75% own knives
- 140 Million hikers, bikers, landscapers, gardeners (2008) - 20% own knives
Obviously, this is indeed a hungry niche, which means there is a tremendous demand for its products and ideal for anyone who wants to earn a comfortable living working from home in ecommerce.
Knife dropshippers are making money with a home business and you can, too, so get started today!