Top Products to Sell from Home: 6 Hot Ideas for 2024
Many people who are looking for flexibility and independence opt to start their own online business. One of the best ways to make money from the comfort of home is selling products online. Selecting the right item is crucial if you want your business to be successful.
In this article, we will show you how to find a profitable product, and we’ll even provide examples of trending things to sell from home.
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Popular Product Categories to Sell from Home
There's a wealth of ideas for available products to sell online. You can sell home-made products, resell branded items, or even create your own brand. To make the product selection process easy, check out the categories below. These items are known to be in high demand for buyers. The top ones include:
Clothing and Accessories: These everyday products generate consistent sales. They are particularly popular with women, who typically shop online for these types of products one to four times a month.
Beauty and Self-Care: Numerous buyers tend to pay close attention to wellness and beauty products, many of whom prioritize brand and value quality over price. Brand recognition is relevant for a purchase in this category.
Homegoods: From special occasion gifts to everyday necessities, there is established demand for houseware products. For example, among the most popular houseware products are DIY kits. The vast abundance of suppliers of these items allows for competitive pricing when purchasing inventory.
Sports and Fitness Equipment: Considering the trend toward healthier living, sports equipment is a very lucrative niche. Most of these products are lightweight, relatively cheap to ship, and can be personalized in order to differentiate them from those of competitors.
Toys and Children's Products: Parents buy products for their children to enrich their development and also for entertainment. Additionally, when you purchase inventory using a wholesale approach, this results in ample markup to take advantage of year-round demand for these items.
Pet Supplies: Pet owners tend to be on the lookout for premium products frequently, ensuring stable sales for quality offerings. Both brand and seller loyalty are quite high in this category, making it very lucrative for online stores.
While these categories offer profitable opportunities, it's also important to identify the most promising individual product ideas within each. Here are tips for finding the most viable products to sell from home.
How to Sell Products from Home on Amazon
There are many, many avenues for launching an online business, including setting up your own website, or featuring products on social media platforms, and selling through online marketplaces. Each of these has its own specific nuances, but the core approach for selling products anywhere online remains the same.
Let’s explore how to sell products from home through Amazon as an example. As one of the biggest e-commerce players, Amazon is often the top pick for beginners. Here’s why newcomers tend to favor Amazon:
No website needed: Just upload your products to Amazon, and save time and money on building and promoting your own website.
Huge customer base: Amazon provides access to more than 300 million registered users, which means high visibility and global selling potential for sellers.
Convenient services: Amazon provides advertising, product storage, fulfillment, and after-sale service, thus reducing operations and saving sellers time.
Regardless of which platform you choose, the success of your venture heavily relies on the products you decide to sell. That’s why conducting thorough research is a crucial factor in order to identify profitable opportunities.
For Amazon sellers, this task is made easier with specialized analytical tools to determine the best-performing products. Consider utilizing the AMZScout Product Database for in-depth analysis with the latest data on millions of Amazon products.
Find Profitable Product Ideas Using the AMZScout Product Database
To come up with a list of new and promising products to sell online, just follow these steps:
1. Go to the AMZScout Product Database. Enter your email address to start a free trial.
2. Use filters to narrow down your search. Among the 16 filters available, here are some key ones:
Category: Specify your preferred category, focusing on popular ones with high markups.
Price: Set a range of $30 to $60 to ensure good returns.
Estimated Sales: Aim for products that generate at least 300 sales/month for steady demand.
Number of Sellers: To ensure that the product is not from a private label and can be resold by others, aim for items that have at least two sellers on the listing, and a maximum of 20 to avoid intense competition.
Seller Type: Exclude Amazon as a seller to avoid strong competition as well.
Rating: If you’re reselling products, aim for 4.5-5-star rated items for customer satisfaction. If you’re selling under your own brand, consider products rated 2-4.5 to identify areas for improvement.
3. View your results. Click "Find Products" to receive a list of products you may want to consider selling.
Now you'll be able to see your estimated monthly revenue and product score, helping you decide whether to create your brand with an item or if it's better for reselling. This evaluation will help determine if an item is a suitable match for your business.
With AMZScout's Product Database, you can find the best ideas for products that fit your criteria easily and quickly. This will save you time on research and provide the most up-to-date results.
Setting Up Your Business
Once you identify the products you want to sell, you can proceed with the following steps to start selling your products online:
1. Register your Amazon account. Choose between the Individual plan (where you pay $0.99/sale) and the Professional plan (you pay $39.99/month), which is better for higher order volumes. After providing your personal and billing information, you’ll get an Amazon's approval call to verify your business ID and credit card.
2. Find a reliable supplier. When you’re looking for a trustworthy supplier, be sure to verify their business licenses, certificates, and reviews. Consider Alibaba for its competitive pricing and wide selection, and ensure that suppliers accept Delivery Duty Paid (DDP) to save on customs fees.
3. List your products. To list products on Amazon, you can join an existing listing if the product is already being sold, or create a new one with detailed information and high-quality photos. Use tools like AMZScout's AI Listing Builder to help you generate engaging titles, bullet points, and descriptions quickly, thanks to its AI capabilities.
4. Select a fulfillment method. When listing products, sellers must choose between FBM (Fulfilled by Merchant) and FBA (Fulfilled by Amazon). FBM offers greater control of your inventory, but can be more challenging if you’re managing a high volume of orders. While there are added fees with the FBA method, it also provides enhanced search visibility, Prime eligibility, and increased chances to win Buy Box, often leading to more sales.
Selling on Amazon offers a convenient way to make money without leaving the comfort of your home. You can handle everything from sourcing products to managing orders right from your computer. With Amazon's FBA option, you don't even need to worry about order management. It's a hassle-free way to run a business and earn a profit.
6 Examples of Products to Sell from Home
Now let’s take a look at several popular product niches for selling from home. We've identified these items based on analytical data from the AMZScout toolkit. Please note that trends can change over time, so it’s best to use the tools to see the most up-to-date information.
Here are a few examples of hot products that are currently in demand:
Women’s Oversized Striped Sweatshirt
This item is a perfect everyday essential, especially for women who often shop for clothes. The estimated monthly sales numbers for this product can be as high as 4,354, which may convert to solid profits of around $147,000/month. While this item has only 12 reviews, you can improve your listing to garner more reviews and attention than your competitors.
Fermented Soybean Serum
The demand for skincare products is rapidly increasing, particularly for Korean cosmetics, which are known for their innovative formulations and natural ingredients. The Mixsoon brand is famous for its high-quality products, boasting a loyal customer base. Their brand recognition can reduce the complexities associated with marketing and advertising, making it very cost-effective for sellers. The high demand for this serum, which can be used every day, translates to an estimated profit of $21,119/month.
Tumbler with Handle and Straw
This home goods product is flying off the shelves, thanks to the viral fame of the Stanley brand on TikTok, making social media platforms key sources for discovering trending products. This item is also lightweight and durable, which cuts down on shipping costs and transit damage. Its customizable features are tailor-made for private labeling, giving your brand an edge and boosting sales.
Rechargeable Hand Warmers
Given the increasing demand for outdoor winter sports, hand warmers have become very popular. The most in-demand hand warmers are those that are rechargeable, estimated to generate profits of $47,578/month. Emphasizing their affordability, functionality, and innovation can effectively attract customers. Keep in mind that this item may also be seasonal, so careful inventory management is crucial.
Scratching Cactus for Cats
Cats are one of the most popular pets in the world, so their owners make up a very promising customer base. This is a popular product with customers, garnering 736 reviews. This item experiences stable demand and has a high net margin of 60%. You can potentially make $21,477/month. By changing its design or improving its functionality, you can justify a higher price.
Interactive Toy Digital Pet
This toy is among 15 collectible items within its series. It is in high demand due to its innovativeness, and is estimated to have an earning potential of $674,081/month. Due to its small size, it’s also ideal for shipping. However, fierce competition among sellers is possible.
To stand out, consider implementing various strategies, such as:
Offering fast and free delivery through Prime services.
Providing discounts or setting up competitive pricing.
Bundling products together for added value.
Optimizing your listings for improved search engine visibility.
Writing compelling product descriptions to attract more customers.
Remember, trends can change over time, so continue to research profitable product ideas. To save time on having to monitor trends and analyze extensive data constantly, you can refer to clear weekly reports with new product ideas and a monthly list of top-selling Amazon items, based on accurate market research. These resources are available when you sign up for the AMZScout Annual or Lifetime Bundle, helping you stay updated on the best products to sell.
Conclusion
Selling products from home can be both easy and profitable. It all depends on leveraging the right platform and the product you decide to sell. While Amazon offers excellent opportunities for success, using the AMZScout tools can facilitate thorough product research. This enables sellers to identify emerging trends and effectively meet customer demands.