The act of buying goods at a cheaper price in order to resell them has been gaining a lot of supporters. This practice is quite popular because it does not require great efforts to develop a brand and does not need to develop any innovative products. If you want to know some tips on how to earn extra income online and which are the best sites to resell products, then follow this reading!
Check out some ways to replicate this popular business model:
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A very common way is retail arbitration, which is when a CNPJ buys goods from another CNPJ retailer and resells them to final consumers for a higher price.
However, another way to get into the world of reselling is to purchase products wholesale from a distributor and build your profit margins, as it is a reduced wholesale value.
The best websites
Currently the best place to get cheap wholesale merchandise is on the internet, more specifically in the B2B marketplace. Several sites are developed to connect retail CNPJs with resale stores and are quite easy to find online.
Check out the main websites and apps where you can find what you're looking for for your business:
- AliExpress.com;
- Wish;
- Shopee;
- Shein;
- Salehoo;
- Faire;
- Tundra;
- TradeGala;
- Boutsy.
But be careful, most of the sellers present on these platforms impose a minimum purchase quantity, in order to keep prices low.
Which product should I resell?
You can feel free to choose whether you want something more niche or resale of more diversified products. So, check now what are the best types of goods that adapt very well to this business model.
- Electronics
Even though most electronics prices are not that attractive, there is a variety huge range of products that can be resold, such as headphones, chargers and even sound. Furthermore, the good thing about this niche is that it is always evolving, so you will always have news in your store.
- Fashion
Buying clothes in person allows the consumer to try on and see if the piece fits or not. However, many people are choosing to buy clothes online because it is so easy to find exactly what they are looking for. In addition, clothing retailers work with very affordable prices, which makes resale profits very high, consequently, these factors make this niche one of the most sought after by resellers.
- Beauty products
There is a high adherence of young people to the beauty trends that appear on social networks, so this market has been on the rise in recent years. These products, for the most part, can be purchased very cheaply, so they can be sold profitably. And it has several subniches, as well as makeup, moisturizers and perfumes.
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