If you want to start a business, this article is for you. This article will introduce you to the topmost profitable wholesale products that you can use to start your business. Before we do that, let us look at the tips for selecting a wholesale platform.
Tips for Selecting a Wholesale Platform
Quality
The first thing you should consider for a wholesale platform is the quality of the products they are selling. You certainly need to make your customers happy and giving them poor quality products is the last thing you should do.
You will soon close your business if you sell poor quality products to your customers. They will not come back. Spare yourself that and research for the platforms that do not compromise on the quality of their products.
Variety
There are many varieties of wholesale platforms. And even though this point is a basic one, buyers often miss out here. Let's say there is a wholesale platform that majors in women fashion, and sell a few phone accessories.
You can shop for men's fashion with them, but you will be missing out if you buy phone accessories from them.
Price
You need to get the best value for your money. And this happens when you are offered the best price for an item. One thing that you should have in mind is that not always does the price equal the quality.
You should never go for the higher product, thinking that they are of impeccable quality. They sometimes do, but you should be able to get substantiated claims on that.
Shipping
Another point to keep in mind while selecting a wholesale platform is shipping. This has to do with the duration it will take for you to receive the products you ordered, the amount you are paying for shipping, and lastly, on how the company ships those products.
10 Ideas of Wholesale Products to Sell from Home
Jewelry
One of the most profitable products to sell is jewelry. This means any type of jewelry. You can pay attention to wholesale fashion jewelry. The benefit of this is that they do not occupy more space.
Then the fact that such products are unisex means you will have a steady demand from both men and women. The fact that they are light makes shipping even convenient.
Men's Bow Ties
In the past few years, the demand for men's bow ties has been on a steady rise. This is one of the products that will never get out of style, literally.
It looks classy, and its wearers stand out of the crowd. The good thing is that this product is durable and will not cause problems while shipping.
Shapewear
Shapewear is shaping up to be one of the best evergreen niches to pursue—for the third year in a row, this product category has made our list. By 2022, the shapewear market is expected to skyrocket to about $5.6 billion in sales.
What started as an undergarment has evolved into a piece of everyday wear. Though shapewear is still popular within the lingerie industry where it first emerged, the shapewear niche offers women a variety of different styles that can either be worn under clothing with different cuts or as a top.
Backpacks
Backpacks have been a popular item to sell. But recently, the data shows they’re a clear frontrunner as one of the best products to sell online—in particular, this backpack has been surging in sales recently.
As Google Trends shows below, search demand has grown year over year with consistent spikes around August. Statista estimates that backpack sales will rise from USD 19.1 billion in 2020.
Smartwatches
Around 1.2 billion watches are sold each year globally. And the number keeps rising. Last year we saw the rise of minimalist watches. In 2020, smartwatches will likely continue trending upward.
December tends to be the peak month for watch sales, but it would be wise to include a relevant summer accessory to ensure higher profits year-round. Facebook and Instagram tend to be the most popular channels for growing a watch store.
Infant and Baby Carrier
One recent product trending with new parents is the baby carrier. Since strollers are big and bulky, some parents are opting for smaller, compact harnesses to carry their newborn for a few hours.
Athleisure
In fashion, trends are the only constant. However, athleisure is one fashion trend that has some staying power. No wonder, then, that it’s a trending item that’s made our list two years in a row.
Athleisure is active wear worn as an everyday look rather than for athletic purposes like going to the gym. Within this category, you can sell everything from sweatshirts, sweatpants, leggings, sports bras, tank tops, headbands, capris, and shoes—all in countless colors and styles.
Depending on how you position your brand, there could be an opportunity to expand into other product verticals, such as fashion accessories and jewelry or fitness accessories like yoga mats.
Bluetooth Speakers
Bluetooth speakers can be used with Television and gaming. It is still uncommon, but a significant section of the population would be excited to have them for their home theatres. With a little marketing, you can succeed in Bluetooth speakers wholesale.
Skincare Products
Skincare products, beauty, and detox products are other products you would consider for your store. We single out Korean skincare products as they command the market. South Korea is among the leading exporters of cosmetics, with the revenue expected to hit over $13 billion in 2020.
Keto Supplements
A few decades ago, the Atkins diet was all anyone could talk about. And today? The Keto diet is all the rage. If you haven’t heard of it, the Keto or Ketogenic diet involves people cutting down on their carb intake to almost nothing.
The rationale behind this? When you consume fewer carbs, your body starts burning and breaking down those stubborn fats instead. It isn’t just the Keto diet that’s popular — Keto-related products are equally high in demand.
FAQs
Which are the best wholesale suppliers in China?
There are so many credible wholesale suppliers in China. Some of them include:
- Nihaojewelry
- Chinabrands
- Dhgate
- Made in China
- Global Sources
What factors should I look at when looking for suppliers?
- Online magazines
- Visit social media
- Attend trade shows
Conclusion
Now that we have known which products are more profitable currently, find the niche you want to pursue and go for it. Make sure you conduct adequate research on the suppliers before making the purchase.
Get a supplier who is reliable and can assure you of a constant supply of goods.
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