Whether you already have a regular job or a business, it is very likely that you are still looking for better opportunities to make money. That’s because a single income source is never enough. The necessity of a better life has created a compulsion for human beings to look for new possibilities. If you belong to this category and are looking for business ideas for 2020, you have come to the right place. In this short article, we present you with a comprehensive list of lifestyle products that you can sell in 2020 and start making money.
You can sell products online in different ways, for instance, you can sell via third party websites such as eBay, Amazon, etc. You can create your own online store and sell the products. You can even refer buyers to various marketplaces and make money by referring buyers. If you don’t want to sell via the third-party marketplace and do not have a lot of money to start your own store, you can try selling via dropshipping. Irrespective of selling methods, you can choose the following products to sell and make money in 2020.
The Best Products to Sell in 2020 to Make Money Online
If you want to do ecommerce and looking for the ideas to make money in 2020, you can try selling these products.
The global cosmetic market was 507.8 billion USD, in 2018. The projection for 2025 is about 758.4 billion USD. You can easily understand the demand for beauty products. If you want to make money by selling beauty products, you have to choose the right products. Some of the high selling beauty products are blackhead removal tools and facial hair removal tools, grooming tools etc. Since these products are used by men and women, they are timeless items to sell and make money. You can also try, hair growth oils, beard oils etc. as the market for these items has a huge size.
According to Businesswire, Global Healthcare Industry in 2019 was 11.9 trillion USD. Imagine how much money is there to make by selling health care products. One of the high selling health care products is posture corrector. Because of the nature of our work and the time we are spending on handheld devices, we are sitting in sedentary positions all day long. No wonder we experience neck pain, back pain, shoulder, hip all the time. Therefore, there is a lot of demands for body posture correctors. On Google, there are 246,000 monthly searches for “back pain.” You can tap the market by selling body support devices, massagers etc. Another product that is in high demand is compression socks, which add pressure to the lower legs and reduce discomfort and swelling in the legs.
Reusable Bags/Eco-Friendly Items
In recent times, there is a growing concern to save the environment. People have understood the damages they have done to the earth. Therefore, a lot of people are using products that can be recycled or reused. You can tap this market by selling reusable bags. People are also interested in eco-friendly items and looking for ways to reduce plastic consumption. One of the eco-friendly items that is selling in the market like hot cake is the bamboo toothbrush.
The demands for streetwear, office wear, athletic wear, fashionable wear, inner wear, plus size clothing is always increasing. People always want to look nice, therefore, they spend a lot of money on clothing.
Accessories for Handheld Devices
The handheld device accessories industry is estimated to reach as much as 121.72 billion USD by 2025. Imagine how much money you can make by selling wireless earphones, phone cases, power banks etc.
A lot of people are also buying smart devices like a smartwatch, fitness trackers, smartphones, tablets, light bulbs etc. You can also try selling these smart devices.