Now, before you go look for products to sell, it’s important to distinguish the type of business model you want to follow as a seller on the platform.
Handmade: 6% Dropshipping: 9% Online Arbitrage: 17% Retail Arbitrage: 19% Wholesale: 26% Private Label: 67%
Retail arbitrage
Online arbitrage
This is similar to retail arbitrage, but instead of purchasing products from physical stores, it involves purchasing products from other online platforms.
Dropshipping
When you choose to adopt a dropshipping business model, this would mean that all the products get sent straight from the manufacturer to the customer. This reduces any overhead and rental costs you would normally have if you had to store your products.
Private label
Handmade
Handmade products are usually made by craftsmen and artisans. These products tend to be a little more expensive than mass-produced items, and they typically cater to a niche audience.
Wholesale
This business model refers to both purchasing and selling products in bulk. This allows you to sell items for a cheaper price than they would normally retail for.
Need or demand for the product
When it comes to selling any type of product, you need to make sure you’re targeting a specific customer pain point and can offer a viable solution. Otherwise, customers are less likely to purchase your product. Here are the questions you should ask yourself when it comes to selecting a product to sell:
Product’s branding and marketability
Product’s availability
You need to make sure you can keep up with the demand for your product by having consistent stock volumes. If a product is always unavailable, then it won’t sell, and you would have a harder time building a connection with customers.
Logistics and distribution
Ideally, your product should be shipped out in the easiest and most fuss-free way possible. Smaller products are typically more convenient to package and ship out because they’re more compact and easier to handle.
Clothing and accessories Books Electronics and consumer gadgets Children’s toys and games
Animal or animal-related items Alcoholic beverages or products Tobacco Surveillance equipment Recalled products Plants and seeds Offensive and controversial products Laser products Human body parts and similar items Drugs and drug-related products
Tips for Finding Products to Sell
You can even select specific sub-categories to narrow down your search. Note, however, that this page is largely influenced by recent sales, so the data might be skewed, depending on product trends and sales of discounted items.
Use Pinterest to get inspiration for products
Check out other online marketplaces to see the best-selling items there
This will let you know which items are selling well on other platforms and are most likely to grab customers’ attention. You can check out Alibaba, Shopify, and eBay to see what the best-selling items are. Of course, this shouldn’t be done on a standalone basis. You need to incorporate this with your product and keyword research.
Conduct a thorough product research
Then, once you have your list of keywords, incorporate these into your product names and descriptions. This will help your products rank higher when prospective customers key in related search queries.
