Business Growth Ideas

What Kind of Products should I Sell?

There are millions of types of products all over the world you can sell. If you are looking for some ideas, we have listed a few places below we recommend using. There are many ways to sell products such as stocking inventory, pre-selling product, or by using a drop shipping company.

• Stocking Inventory: Stocking inventory means you have purchased or produced the product already and are just waiting to sell it. The advantage to this is quicker shipping. However, you have to spend money upfront to acquire or produce your products.
• Pre-Selling Product: Selling products before you purchase them is a great way of doing business as long as your customers know it will take a little longer to get to them. There are several wholesale websites out there such as: DHgate, Alibaba and Focal Price. Sites like these will sell you products at very low prices and they can either ship to you or directly to your customers.
• Drop Shipping: Drop shipping is when you list another company's products on your website but do not physically stock the product. Once you sell the product, you simply notify the supplier and they will ship the order directly to your customers. The good thing about this is no upfront costs and you don't have to carry any inventory.