With a smart B2B marketing strategy and clever selling, you can pave your way into the wholesale industry. Using popular and time-proven niches can help you succeed in the competitive wholesale market.
A wholesale business can be accessed and run even from your home. Thanks to digitalization, you now have direct access to hundreds of global wholesale products. You can source or buy wholesale goods to resell from virtually any place.
Let us go through some of the wholesale goods that have high demand and could offer promising returns:
- Books & Magazines – Books have a universal appeal. There is no place or country without book lovers. Books are also one of the easiest things to sell online. You do not essentially need a huge capital amount to get started. You may choose any of the reputed online book wholesalers and know in detail about the MOQ or minimum order quantities before you decide on purchasing.
- Grocery Items – Most of the food and grocery products are sold wholesale. Shelf-stable products do not need refrigeration for many months. Such wholesale goods can be sold online and via e-commerce sites. Items such as oatmeal, cereals, gift baskets, noodles, candies, gums, ready drink powders, coffee, tea, gourmet products, condiments, sauces, dehydrated foodstuffs, and more.
- Movies & CDs – Millions of people in the world enjoy seeing older classic films and documentaries. You can think of a good and profitable entertainment media business selling CDs and movies. You can sell classic old movies, DVDs, educational CDs, animation movies, music releases, and true-life documentaries.
- Jewelry & Clothing – You can buy wholesale clothing and jewelry products at low costs and get started on your business. You can buy pants, shirts, dresses, and more at less than $7 per unit. You can do some detailed research and be aware of brand selling rules before investing in the wholesale jewelry and clothing business. Products that may sell quickly include hats, socks, belts, underwear, swimwear, imitation jewelry, and leisure clothing to name a few.
E-commerce Business from Home
If you wish to run your business from the comfort of your home, you can easily do so via the online platform. B2B portals such as Alibaba. Several warehousing services help such businesses by storing their inventory.
You should conduct exhaustive groundwork to know about suitable wholesale items that you can sell from your house. You also need to find reliable vendors if you plan on being a wholesaler. You can even become a retailer and buy wholesale goods at cost-effective prices.
Rules & Paperwork Involved
You can find out about the paperwork involved and get a retail or wholesale license. Many online sites help you research home-based businesses through online channels. The websites can provide you with a list of wholesale products that you may purchase.
How does a B2B platform help?
Business-to-business e-commerce is one f the most successful sales models nowadays. A B2B platform is an ideal business model that differs from B2C. B2B e-commerce business is centered around business transactions between a wholesaler and a retailer, or a business setup between a manufacturer and a wholesaler. This may happen via a popular online sales portal.
