Cart is empty 
Find profitable products to sell
When seeking to find profitable products to sell, you should not jump to any product without first doing research and trying to narrow down the chances of the product being a hot seller. There are steps you can follow that will make the process of finding a profitable product more likely.
Firstly, begin by doing product research, seeing what is out, and whether it is selling or in demand. Perhaps, you can create your own product or brand and go into partnership with a manufacturer.
Product Research
The first stage, the product research stage, involves looking at a variety of products and working out which are trending, or the likelihood that the product will be valuable when it hits the market. You can browse social media or use google trends to try find trending products, or use product research tools such as Jungle Scout, FIndNiche, amongst others.
You want to become knowledgeable in the product, understanding how it works, its features, the purchase price, and the price involved with any shipping and posting of the product. Moreover, you want to know who your target market is, as these are the people you will most likely be targeting when it comes time to advertise.
White Label vs Private Label
In terms of finding a profitable product, sometimes you may wish to ask a manufacturer to tailor or create a product specific to you. This is known as a private label product, in which only you will have the right to sell exclusively.
On the other hand, manufacturers create generic products which are available to multiple retailers. These are known as white label products. You could go down the route of purchasing white label products and rebranding them. Through branding creativity, you could create a brand from a generic product, that will become profitable.
Ordering
Once you have figured out which products you would like to rebrand, have manufactured, or already made products that you will sell, contact the salesperson. Ask the salesperson if they can offer any discounts if you were to order a certain amount, and mention that you plan to trade long term.
Build relationships if you can. As much as it is a business, maintaining a good relationship can help you out in the long run.
Conclusion
In finding profitable products to sell, you need to research products first, work out which product will suit your needs, whether you need to have it manufactured, and then work on ordering the products along with building a customer relationship with the manufacturer or supplier. You can then look to deliver your product to retailers or customers who purchase direct from you.
Build relationships if you can. As much as it is a business, maintaining a good relationship can help you out in the long run.
You can read more of our blogs here.