If you are looking for information on how to sell online and make some extra money selling products online, there are few things you must know in order to get the most out of your time and effort. We need to know which items to sell online and where to sell products online. Let us take a look at the different methods for finding the best products to sell online and how to maximize the most of our profits
Which Items To Sell & How To Sell Online
Before we can actually make money selling products online, we need to know which items to sell. Not every product is going to yield the most profit and some products will sell a lot better than others. In order to get the most out of our time and effort, we must choose the right products that people are in fact actively looking for and will give us a good profit margin.
Whether you are looking to create a website with drop shipping products or selling a product on Ebay and Amazon, if no one is looking for what you are selling, you aren’t going to make any sales. Knowing how to sell online is going to come down to selling the right product in the right niche and then getting people to know you exist. When selling products online there are a few things to consider which make up a good product to sell.
A good product will be:
- Easy to use
- Not very technical
- Can’t be found offline
- High priced ($200-300)
- Yield decent profit margins (at least 30%)
- & the ability to sell lots
A Bad product will be:
- Cheap in price & in quality
- Noone is actively looking for it (they aren’t searching for it in Google)
- Too much competition (Amazon, Ebay, Etc.)
- Can be found offline in retail stores (Walmart, etc.)
- Low margins (anything below 30% is too low)
These are just a few components which make up good items to sell online. When doing your basic research, make sure to keep these factors in mind before deciding on a product to sell. Also remember that it is a process of trial and error. The more you keep selling and the different product that you sell online, the more you will understand what makes a good product and what makes a bad product.
Wholesale Products To Sell
One of the best ways to make money selling products online is buy wholesale products and selling them at retail price. If you buy products at wholesale and sell them on your online store, ebay or Amazon, you can easily make a good profit each month without having to even see the product (drop shipping). Most of the time, wholesale product to sell online are no different then selling any other product online. It needs to meet the same criteria above. In reality, the only way anyone would sell a product online and even make a decent profit is to get the product at wholesale pricing and then drop shipping the product and selling it at a retail price. Unless you are looking for wholesale product to sell and warehouse those products (which I do not recommend unless you already have experience), drop shipping is by far the easiest and most lucrative way to sell product online.
Drop ship Products To Sell
Drop shipping products is the process of getting wholesale pricing for a product from a supplier and then selling the product as if it were your own at retail price. The supplier ships out the product for you to your customer and charge you for the wholesale cost. You charge the customer for the retail price and you profit the leftover. When looking for drop ship product to sell you need to find suppliers who are willing to drop ship for you. Many companies will drop ship for you but not every company will. Do your research and don’t be afraid to pick up the phone and make some calls.
The Pros To Drop shipping:
- Easy to do
- Easy to learn
- No risk
- No Warehousing & you never see the product
- Very little investment
- No technical knowledge needed
- Easy to scale
- Passive income streams
I always suggest that people look into dropshipping when looking to sell products online. Warehousing and creating your own brand will come later on in your career selling products online. First, learn to dropship and then move on from there.
Some Of The Best Products To Sell Online
Some of the best products to sell online are typically not a product that you would normally think of. It takes some research and also knowing what makes a good product to sell. Many times, we simply don’t know how a product will perform until we do it. But there are a few things that we can do in order to ensure that we have the best chances of selling the best products online. First, do your keyword research to ensure that people are searching Google for the product you are looking to sell. Second, make sure that you can compete online. If there are tons of competitors, it might not be worth it to get involved in that niche.
Where To Sell Online For FREE
I always suggest creating your own online store and selling product online there. It is very easy to do and you don’t need any technical experience. All you need to do is to have a product to sell and an idea of who is looking for that product you are selling. I go over creating your online store and much more in my FREE Live Webinar.
I highly suggest that if you want to learn exactly how to sell products online and more about selling products online, click here to sign up for the FREE LIVE WEBINAR.