Before we jump right into the list of products, let’s define and explain what a private label is – for those who may not know about this business model.
What is a Private Label?
A private label is a business model where you work with an original equipment manufacturer (OEM) and tell him to produce your products with specific details. Then the manufacturer puts your brand name and logo on the product label.
Many companies in the world operate the private label model because it makes it easier for them to set up a business or division.
In this business model, you don’t have to purchase equipment, you don’t have to spend a long time developing your product, and you avoid the stress of manufacturing yourself. The private label business is similar to outsourcing.
The following are ten private label products that are in demand.
1. Water Bottle
This is a great product to start with many designs and suppliers available. There is a massive demand for this product because people are now conscious of how plastic is destroying the environment.
Water bottles can be marketed with an emotional appeal to get people to stop hurting the environment, and instead use a water bottle to refill when tasty.
2. Essential Oils
Essential oils are branded as high-end products, but a few people do not know that these oils are not so expensive. Essential oils can be used for body fragrances, candles, and bathtubs.
With this product, your target market is people who are looking to relax and relieve stress. It’s solely up to you to decide which products you want to focus on.
3. Phone Accessories
Phone accessories include phone cases, chains, protective covers, USB ports, chargers, and more! If you choose phone accessories, your focus should be on packaging and marketing.
Bags are available in different categories – for women, kids, outdoor, laptops, etc. Start with one category and gradually expand your line of products to cover different types.
Private label cosmetics is a great niche to make good money. Whether it’s lipstick or make-up, there’s a ready market for cosmetics. If you choose this niche, ensure that your manufacturers use non-allergenic materials for production.
6. Reusable Bags
Reusable packaging of this nature are bags made of cloth. Just like the water bottle mentioned above, your reusable bag should carry a message that tells people to help reduce global plastic wastes.
The clothing niche is vast, and it is advisable to start small. You can start with men shirts, women tops, or any other category, and expand as you make profits.
If you choose the furniture niche, focus on furniture that is not so expensive and easy to build, especially furniture made of plastic that families need to use immediately.
If you have a passion for children’s toys, you will excel in this niche. You will focus your marketing efforts on parents, kindergartens and nursery homes. It is advisable to sell big toys to avoid getting into trouble if a baby ever swallows a small toy.
If you find a good supplement manufacturer, and you have a good marketing strategy in place, you could see a very high ROI in the shortest time possible. This niche is viable because people want to be live longer and be in good health.
The above private label products are the current in-demand products you can invest in and get a good ROI today.
Do you wish to have your own private label products? Do you wish to sell your own products with your own brand?
Get in touch with Ori Bionature to find out more.