Amazon sells more than 250 million dollars worth of product every year. What does this mean for you? There's lots of opportunity to make a profit.
And one of the best ways to do this is by becoming a 3rd party FBA seller. But how do you know what to sell on Amazon?
Don't stress about it. We've created this article outlining the top 3 product categories you should choose from. Check them out below.
1. Electronic Goods
People love their electronic devices. Tech gadgets are in high demand right now, so this is a great a category for you to focus on.
There are multiple reasons this is a good idea. First, there are always new products on the market. Every time there's a new iPhone or Samsung phone release, that means there's a demand for accessories to go with it. The same thing applies to laptops, TVs, and cameras.
The other great thing about the electronics industry is that there are so many options. You have so many areas to choose from. And there are tons of manufacturers to work with.
You read that right: books are incredibly popular and profitable Amazon product category. Amazon started as an online bookstore, and even with countless disruptions like Kindles and iPhones, paper books are still insanely popular.
Also great? The margins on books. They're super cheap to purchase wholesale, and you can sell them at a much higher price.
What does this mean for you as a seller? Awesome revenue. And isn't that the whole reason you're selling?
There's also a ton of variation in this industry, allowing you to pick a niche and dominate it. Whether you want to focus on young adult romances, baby board books, or non-fiction for adults, there's a demand.
The trick is finding which has the least competition and best margins. When you find this competition, you'll be set up for amazing success.
3. Baby Gear
It's a fact: the population continues to grow. And when that happens, it means there's a huge demand for baby gear. In fact, it costs $12,000 to raise a baby just during their first year of life.
So whether you want to sell toys, clothes, diapers, or food, there's a big market who's ready to buy. It's also a great niche because babies are continuously growing, needing new clothes, new toys, and other new products.
A great strategy is to market to first-time parents because they tend to spend the most money.
What to Sell on Amazon: The Best Product Categories
Looking to become a 3rd party FBA seller? Now you know what to sell on Amazon to achieve the most success.
Next, it's time to decide what works best for you. Do some research and you'll come to the right decision.
And if you're looking for additional tips and training, you're in the right place. Our team of experts is ready to help you out.
Simply contact our team today and we'll answer your questions.