Wondering if it’s worth it to import from overseas? Check out our list of the most profitable items to import from overseas so you can start making money now!
No matter what type of business you’re starting, research is a major part of the process, and the import business is no exception. Not only do you have to research the import regulations that govern your shipments, including ISF filings, getting a customs bond, inspection rules, and more.
However, you also have to research the products you’re going to import. You don’t want to choose goods that aren’t going to sell well, so here’s a list of products that are profitable to import from overseas.
Homeware Items to Import from Overseas
This category is huge, which is why it is atop the list of most profitable products to import from overseas. There will always be a demand for household products like home decor, kitchen utensils, bathroom necessities (shower curtains, toothbrush holders, etc.), and storage solutions.
This means you’re able to easily pivot from one product to another if demand stalls for the original one you choose. Plus, there are so many items in this category that you can also expand your offerings as your business grows. This means you can make more money to spend on marketing and advertising as your business expands as well!
As long as people are having kids, there will be a market for kids’ products such as toys, clothes, playground equipment, strollers, and more. You can usually find good wholesale prices on kids’ products, which means you have the potential of making a nice profit once you import them.
Just be aware that some kids’ products aren’t allowed in the U.S. because they are made in countries with lower safety standards. You definitely don’t want to sell an unsafe item to a family with children.
Clothing and Accessories
Clothing and accessories have one of the highest profit margins of any import, but the category can be challenging to break into. The market is fairly saturated, so you’ll need to put in a lot of marketing work to make yourself stand out, but once you do, you can make a lot of money.
Consider specializing in a certain accessory like belts, hats, sunglasses, gloves, or bags to give you more opportunities to differentiate your offerings. Once you establish your company, you can expand to include other items.
This is another relatively large category that encompasses everything from sporting goods to musical instruments, to board games. Before you get started selling any items in this category, you’ll want to research the demand and your audience. While this is good practice for selling anything, it’s even more important for products in this category.
For instance, you don’t want to market hunting equipment to people who are against hunting. The profit margins for items in this category vary widely based on the niche you choose, but if you source your products carefully and your marketing is solid, you can reap some excellent profits.
Import from Overseas and Make Money!
The keys to choosing the right products to import for your business center on finding a good, reliable source for your products and marketing to the right audience. No matter what you choose to sell, if you don’t do these things well, your business will struggle. However, if you choose products in these four categories to import from overseas, you’re at least one step ahead of everyone else.