Deciding what product to sell online can be quite challenging. There are lots of factors to consider like the profitability of a product, the level of competition, buyer demand, possibility of expansion and a host of others. Still, some products have proven to be very profitable with the right marketing strategy.
Here are great products you can sell online from home.
Handmade products are great items to sell online. The global handicrafts market has skyrocketed due to an increasing interest in art and culture. The global handicrafts market reached a value of US$ 526.5 Billion in 2017 and market value is projected to reach approximately US$ 984.8 Billion by 2023, expanding at a CAGR of more than 11% during 2018-2023.
You could easily create products in this niche, and sell without leaving the comfort of your home. This niche includes a wide range of products from simple gift cards, jewelry, kids stuffed toys and even home décor. Consider taking advantage of online sites such as Etsy and ArtFire to market your products.
You could also create a blog where you talk about how these things are made. This will help you connect with more potential consumers online and expand your business. Some handmade products you can sell online include;
A lot of people prefer the personal feel of having a handmade or customized jewelry. If you are a lover of handcrafts and can make unique accessories and jewelry, then you can get your products online where millions of prospective consumers are waiting to buy.
Personalized home décor is also a great sales idea for an online entrepreneur. Home décor such as handmade and customized pillows, posters, centerpieces and mugs are a lot easier to sell online as you will be cutting down on renting a physical shop and can also reach millions of customers at once.
Custom made dolls also fall in the category of handmade products you can effortlessly sell from home. You can take advantage of platforms like Etsy to advertise your products and reach a wider audience.
Clothing is a great product niche for anyone looking for products to start selling from home. In fact, the value of the global fashion industry is estimated at 3 trillion dollars, 2 percent of the world’s Gross Domestic Product (GDP)! A large number of online stores sell at least one type of clothing or the other. You can choose from a wide variety of niche opportunities and save overhead costs through digital marketing.
Here are a few clothing items you can choose from;
Women’s clothing have a great record of online sales and this is not dwindling. You can have a women’s clothing line that include dresses, jeans, tops, beachwear and even formal wears.
This niche covers formal and informal wears for kids such as boys’ tuxedos and suits or girls’ flowery dresses and party wears. Ensure that you deliver quality products to provide you with a competitive edge in the online marketplace.
Another niche you could specialize in is men’s or women’s shoes or a combination of both. You could also add kiddies’ shoes to your line of products. You can source these from handcraft stores or opt to make them yourself.
Consider venturing into sales of branded wears from home. The dropshipping system is a great way to order in bulk from wholesalers without keep any physical inventory in this niche. Take advantage of social media platforms like Instagram, Facebook to showcase your products. You can also leverage big online selling platforms like Amazon to put your product before millions of people from the get go.
Body structure is a big topic especially among women. For this reason, many women are looking to shapewears to enhance their physical appearance. Shapewears are one of the fast selling products to sell from home. The niche includes girdles, body suits and shapers.
Men’s clothing especially plaid shirts and jeans are very easy products to sell from home. They are fast selling products that can boost your online business with good digital marketing.
The niche covers smart watches, minimalist watches and kids’ watches. These are all great products that are very lucrative.
The global digital health market which makes up just one segment of the $3.7 trillion wellness market is worth $368 billion and projected to reach $418 billion by 2020. Sellers in this industry in recent years put their products in front of customers using strategies like subscription and the multi-item box products.
Some in-demand products in this market include:
Organic Food and natural products are quite easy to sell online. The beauty of this business is that you can help people eat healthy and still make profit.
Another great health and wellness product to sell from home is tea, especially green tea. You can also add tantalizing tea snacks like Apple Crumble or Almond Chocolate Torte.
Keto food and recipe books are great products to sell online. You can get creative with keto food, then make your ideas available for sale online.
The beauty industry is very diverse and goes beyond just makeup, body lotions and perfume. This industry also caters for toothpaste, nose clippers and even feminine cleaning products. The global cosmetic products market alone was valued at USD 532.43 billion in 2017, and is expected to reach a market value of USD 805.61 billion by 2023.
Beauty products provide very lucrative niches for online sales especially when it includes organic products. You can venture into beauty and personal care items like skin care, hair care and make up products. You can also decide to have a YouTube page especially for make up products. On YouTube, you can upload videos of your products and how to use them to expand your coverage.
Some products to consider:
A natural skin care line is a good idea when thinking of what to sell online. Products that help to tone, tackle blemishes or provide solutions to general skin care problems sell well online. These could be serums, body butters, scrubs, toners, cleansers, moisturizers and so on.
This is also another niche that makes for a great online product. You can have a quality haircare line for men and women, even children.
This niche covers beard oils, Dude wipes and men’s salon products. You can have your own line of products, easily sell these from home and expand your market online.
Make up products like eyeshadows, foundations, fake lashes, eye makeup removers make for great products to easily sell from home. You can reach out to more people on social media platforms like Instagram and Facebook to build a customer base.
Another thriving market to consider selling in is the Tech, Electronics and Digital Products market. The revenue in the Consumer Electronics segment will amount to US$331,405m in 2019 and is expected to show an annual growth rate (CAGR 2019-2023) of 6.7%, resulting in a market volume of US$429,407m by 2023 (Statista).
There are several tech and digital products you can sell online. Profitable digital products you can sell from home include;
Phone accessories like earphones, chargers, ear pods are products that have high profitability and can be easily sold online.
Take full advantage of this unsaturated market and make money selling solar chargers from home. They are even more popular with the rise in environmental awareness and green energy.
A large number of internet users owns PCs and often times, they need accessories for their PCs. Thanks to the digital age, computers and computer accessories are amazing products to sell from home due to a rising demand.
If you’re a gamer at heart, you can make money selling board games such as Monopoly, Catan and Chess online. You can make your digital games for download in Playstore.
From simple digital cameras to more sophisticated ones like the 360degree cameras, these products can easily be sold on the internet for good profit.
This is very useful for people who are always on the move. You can sell online smart backpacks with features like batteries, USB ports for charging gadgets while on the move.
We live in an age where pets have their own social media pages and are treated like royalty. People are spending lots of money on their pets. In the USA alone, pet care sales amounted to 17.07 billion U.S. dollars in 2017 and reached 18.26 billion U.S. dollars in 2018.
Pet care products provide a number of niches that are lucrative for online businesses. Some pet care products you can sell from home include;
As an online seller, you can reach a large number of pet owners without leaving the comfort of your home. You can choose to be a reseller or look into formulating your line of pet food.
Through life streaming, you can provide animal care services to pet owners. You can have a YouTube channel where you upload information on how to care for pets and other animals and make profit from sharing such information.
You can include pet accessories into your pet supplies line and expand your business. This can include supplies like collars, beds, leashes and kennels.
There is a wide range of products that anyone can sell from home and be successful. However, you must focus on building your own brand and creating a touch of uniqueness to stand out as an online seller.