Giftware is huge market in the dropship and wholesale world that encompasses a variety of products and ranges. This may include high value products like electronics and furniture, or small value items such as imitation jewellery, home accessories and homeware. These products are small and thus can be easily shipped across the world by dropshippers and wholesalers. This is especially true for the giftware world that is undertaken by wholesale dropshippers due to their quick rate of sale and popularity with a wide section of their clientele.
Giftware in the UK in this sector includes products such as table lamps, tripod lamps, wall accessories, clocks and alarms, and other small accessories that don’t require much storage space in warehouses. Warehouse space is a valuable commodity and wholesale dropshippers aim to maximise it by having the most value per square foot. This is similar to how brick and mortar retailers function and even e-commerce merchants with an outsourced warehouse or storage centre. Giftware wholesale dropshippers can host a huge number of small products. These have a small value on their own in terms of cost price and selling price, but together they’re valuable assets that can accrue a lot of value.
Giftware is a seasonable range of products and thus wholesale dropshippers, whether they have an offline (brick and mortar) presence or not, have to manage their stock levels accordingly. Thus, Christmas giftware products and indeed halloween giftware had to be planned months in advance in anticipation of increases sales and profits during a particular market quarter. This means that wholesale dropshippers increase shipments from their manufacturing partners and pass on those products to the consumers and retailers depending on their target market.
Having a product niche as giftware dropshippers and wholesalers is important due to the nature of giftware as a whole. There are a lot of product options and variety in terms of size, quality, quantity and designs. This means that this must be differentiated among the market and targeted to a different niche. Giftware can be very popular among retailers and consumers alike and thus makes for a popular product for wholesale dropshippers