Hot Selling Wholesale Items

Grills, flame-throwers, microwaves, ovens...

...or if you want something that overheats try hover boards.

Seriously, anything that is hot selling for one vendor maybe unsuitable for another who is working with a different demographic.

If anyone is really onto a hot thing they are not really going to share it openly unless there is so much business out there that they feel another competitor will only help their cause.

It is probably best to look at what trends are growing that you can get involved in if that is what you desire.

I'll give you an example of something that went under the radar of many observers last Christmas at one of the major shopping centres near me.

A friend was working a pop-up store near this business that was also a temporary lessee.

There was this guy who brought in some rechargeable ride on animals that would seat a couple of people or a Mom and a couple of kids.

They were hiring out rides for 30 minutes for just $10.

They had a waiting list of people wanting to book all day and the centre was trading at least 10-12 hours per day in the lead-up to Xmas.

The guy started with 8 ride-ons and doubled their number after the first two weeks.

The landed cost for each ride-on was $600 and they were paying something like $2500 per week for the temporary rental of the space.

The whole operation was run by two people.

Here is the estimated returns given they had the rides running pretty much all the time.

Starting revenue was $160 per hour with the 8 rides.

10 hours a day = $1600

7 day weeks - $11200 per week for first two weeks.

$22,400 per week for the weeks when they had 16 hire-ables.

Over 8 week period prior to Xmas.

First 2 weeks total estimated revenue $22,400

Last 6 weeks total revenue $100,800.

Total conservative revenue $134,400

Total cost of product $9600

Total lease cost $20,000

Even allowing for some temporary staff....but this was run by two Chinese people...a husband and wife... say allow $8000 for some casual labour and allow say another $5000 for other hidden costs.

Total costs including leasing space, buying product and some labour hire = $42600.

Total revenue = $134,400

Profit before tax = $91,800 for eight weeks work.

This is my toned down breakdown of the operation because the adjacent tenant told me their revenue was closer to 200K. with extended trading hours.

Another friend of mine brought in fibre-optic Christmas trees when they first came out and put them in all the major shopping centres with casual staff. They were making $120K profit per container that they landed.

Another time they made it big on clothing - socks - but that was again before there was anyone selling "cheap" product or much competition in that market.

These guys are now profiting by bringing in product that they personalise on-site whilst the shopper does their grocery shopping.

One guy I know brings in a product that requires a "customisation" to make it fit the customer's requirements.

The customisations are added by computerised equipment and have huge mark-ups so although they sell a cheap product once they add the customisations they make a large profit.

One common trait between all these business people is they are not afraid to enter into expensive traffic areas and put products in front of prospects and sell the products to them.

From an online sense there are people that do the same.

You need to be able to recognise where those opportunities are.

They needn't be costly items or place in costly locations but they must meet the demand that you need to uncover.

When you uncover that demand and discover the solution that the market wants then...

$$---sssshhhh!

Best regards,

Ozi

Go to Shopzilla or Bizrate and scroll to the bottom of the page. There, you will find a link to what the most popular searches are, which should give you a pretty good idea of what the hot products are. You might also want to look at eBay trending collections.

Thank you a really appreciate it the advice, I tried my hand at selling cell phone cases but unfortunately the market is over saturated. I am thinking about getting a Tax ID are you guys familiar with getting a Tax ID to buy Wholesale in NJ? How do you go about doing it and are there any legalities to be afraid of?

Like many government organizations, New Jersey makes this process very confusing. After searching for the answer for far too long, the best advice I could find for obtaining a sales tax resale certificate in New Jersey was here - https://www.etsy.com/forums_thread.p...ead_id=6174071

You should find good and sellable products based on certain criteria including product ranking, ROI, product category, etc.

as for selling at wholesale through help of any like alibaba or amazon ebay . all products are sellable but get the most used or searched itmes in area .. in a view wholesale bathroom supplies , baby and kids products and other wholesale related to men and women fashion can be a good option for anyone