Summary of "10 Best Products to Sell Online | Business Ideas 2025 | Social Seller Academy"
The video "10 Best Products to Sell Online | Business Ideas 2025 | Social Seller Academy" by Lakshit Sethia focuses on how to select profitable e-commerce products for 2025 using a practical, criteria-driven approach. It offers detailed financial strategies, market analyses, and business trends relevant to aspiring online sellers.
Main Financial Strategies and Product Selection Criteria:
Lakshit Sethia outlines eight key criteria to select profitable e-commerce products that ensure sustainable business growth and profitability from day one:
- 3X to 6X Profit Margin
- Minimum selling price should be at least 3 times the cost price to cover expenses and generate profit.
- Avoid low-margin products that sell but don’t yield profits.
- Small Product Size to Minimize Shipping Costs
- Shipping costs can erode margins significantly, especially for bulky or heavy products.
- Small, high-value products are ideal.
- Universal Size / Minimal Variants
- Products with multiple size or variant options increase return rates and inventory complexity.
- Choose products with universal fit or no size variants (e.g., home decor).
- High Repeat Purchase Rate
- Products that customers buy repeatedly reduce customer acquisition costs over time.
- Examples: apparel, cosmetics, consumables.
- Profitability for Resellers/Affiliates
- The product should allow commissions so resellers and affiliates can profit and help scale sales.
- Ticket size must be sufficient to allow reseller margins.
- High and Growing Demand
- Use tools like Google Trends to verify increasing demand.
- Large market size is crucial for sustained sales.
- Strong Emotional or Storyline Behind the Product
- A compelling story or emotional connection helps in branding and customer loyalty.
- Storylines can be emotional, awareness-driven, surprising, or interesting.
- Show-Off Value
- Products that customers want to showcase on social media (Instagram, etc.) help organic marketing.
- Packaging and presentation can enhance this value.
- Brand-Building Potential
- Choose products that allow long-term brand creation rather than one-off sales.
- Avoid products like first-copy or generic items that cannot be branded easily.
Top 10 Recommended Products for 2025:
Lakshit shares a list of 10 product categories that meet these criteria and have strong market potential:
- Accessories and Jewellery
- Small, high-value, easy to brand, and silver jewellery acts as an asset.
- Includes watches, glasses, hats, belts, clutch bags.
- Kitchenware
- Growing fast in India with demand for innovative, useful products.
- Easy to source from local suppliers (e.g., Surat).
- Organizers
- Products that help organize jewelry, files, shoes, clothes.
- Solves space management problems, high demand.
- Smart Gadgets
- Trending rapidly with many resellers.
- Small size, high margin, and no variant issues.
- Kurtis and Suits
- Large market in India, especially from manufacturing hubs like Surat and Jaipur.
- High volume and repeat demand.
- Handicraft Products
- Indian handicrafts and idols have high export potential.
- Sourced from places like Moradabad, Meerut, Jaipur.
- Print-On-Demand (POD) Products
- Customizable products like T-shirts, phone covers, photo frames.
- High demand, but quality control is critical.
- T-Shirts and Cassettes (Cossets)
- High organic demand; examples include brands like Bewakoof.com.
- Murals and God Idols
- Strong organic demand and social media engagement.
- Popular religious idols like Lord Ram have huge sales.
- Healthy Snacks (and Healthy Drinks)
- Rapidly growing sector due to rising health consciousness.
- High repeat purchase, good margins, easy branding.
- Lakshit is personally building a brand in this category.
Methodology / Step-by-Step Guide to Product Selection:
- Define product criteria based on margin, size, demand, repeat purchase, reseller profitability, and branding potential.
- Use market tools like Google Trends to validate demand.
- Evaluate product variants and shipping costs.
- Ensure the product has an emotional or unique story for branding.
- Analyze reseller/affiliate potential for scaling.
- Select products from proven high-demand categories.
- Test products via MVP (minimum viable product) testing and exhibitions.
- Develop branding and packaging that enhance show-off value.
- Build long-term brand strategy around selected product.
Additional Business Insights:
- E-commerce businesses often incur losses initially; selecting products profitable from day one is crucial.
- Shipping costs and return rates are major profit killers.
- Repeat customers reduce overall customer acquisition costs.
Category
Business and Finance