Best Selling Online Products
When we speak of the best selling products, it is important to remember that not all of these can fetch you large amounts of money. By studying most online shopping trends and auction sites, you will find that books and DVDs are probably the bestsellers, but the chance to make a lot of money through these is virtually impossible.
The reason for this is that the buyer may have limited choices of these products when he is searching for it online, so he would rather go to a bookstore or a music store and pick out a new item of his choice. He ends up spending a few extra dollars but for him it is worth it. Why then, are these items still the most selling products online? Simply because they are easy to sell and ship. And no matter how illogical it is to carry out Internet shopping sometimes, there will always be a buyer. The volumes are extremely large doubtlessly, but the revenues are minimal.
List of Top Selling Online Products
Here are some of the most popular items that regularly change hands over the Internet. The buyers get these things to sell online cheaper than they would in the market, but the disadvantage is that there are no assurances about the quality and the state of the item in question.
- Books and magazines
- Computer hardware products
- Computer software
- Apparel and designer clothes
- Video games and toys
- Cosmetics and health products
- Consumer electronics
- Music DVDs and CDs
- Jewelry items
- Office supplies and equipment
- Home decorating items and linen
- Flowers
- Sporting goods and items
- Shoes and footwear
- Small electronic appliances
- Tools and garden items
- Gifts and other items
Some Statistics
Here are some interesting points and numbers.
- Total sales of all online trading was close to $3 billion for the previous year.
- Books, music, software and videos comprised about 26% of this total. This roughly means that these items fetched around $710 million.
- Travel reservations, car bookings, airline tickets and hotel reservations comprised 21% of this total. Total sales were around $580 million.
- Computer related hardware and software, consumer electronics and office supplies sold about $450 million, and comprised 16% of total sales.
- Shoes, clothes, home decorations and jewelry got sold for around $350 million and comprised about 13% of total sales.
- Food and beverages and health products constituted about 8% of total sales, and their overall transactions were around $220 million.
- Sporting goods, video games and toys comprised 7% of the total and were sold for about $200 million.
- Other items like furniture, tools and small appliances were sold for about $95 million, and this made up approximately 3% of total online sales.
Marketing the top selling products is not a difficult task, and the Internet is a great place for people to spread positive word of mouth. If even a single person is satisfied with what you are offering, and offers his/her approval, it will benefit you greatly. With a little bit of analysis, you can achieve success at a fairly rapid rate.
From a buyers point of view, all these top selling products are easily available and you can purchase them at your convenience. The Internet has truly changed the face of trade, and it has made the process easier for many people. So the next time you are in need of buying something, do give these products a second thought.
