Beginners Guide: Ideas for Products to Sell

2 Sep

Are you struggling to find a product to sell on your freewebstore store, or wondering which is the best route to go down? Don’t worry you’re not alone. It’s a hurdle many budding entrepreneurs are faced with.

Here, we’ve prepared a quick blog to highlight a few different options available to you, that will help to provide you with a few ideas.

Wholesale Marketplace

Wholesalers act as ‘the bridge’ between the manufacturer and the retail market. Sites such as ‘Alibaba’ and our recommendation DHgate are great for inspiration and to scope out possible products, providing a vast range of items.

Buying through wholesalers has its advantages:

  • Low cost in bulk
  • A wide choice of products to choose

Along with disadvantages:

  • Storage space – to qualify for cheaper rates, you’ll be required to purchase in bulk. This could be a problem if you’re working from home or a small office.

If storage space is a problem, drop shipping is the solution!

You’ll have no warehouse to run, no storage costs and reduce your level of commitment. However, this can be a problem when it comes to customer communication, as you’ll have to go back and forth between the company and the customer.

Read this article on how to find suitable drop shippers.

Opportunity Spotting in your Local Area

It may be worth having a walk around your local area and look for different ideas that could provide an opportunity online.

Have you got a cupcake shop around the corner that is ALWAYS busy but there’s no online presence in your local area? Bingo! There could be a gap in the market for you to exploit online!

Alternatively, if going global appeals to you more, keep your eye out on new trends.

Social Media

Sites such as Instagram and Pinterest are great for providing visual inspiration and providing product ideas. Look at different products that have been trending in recent months. If you’ve got an interest in a particular commodity, follow the industry leaders – use the ‘power of the #HashTag’ to search for ideas and inspiration.

Now you can use your new found inspiration and get started on your eCommerce journey here.

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