An importing business is a great business model. The profit margins are large, the start up can be simple and, if you’re hard-working and determined, you can be earning the big bucks. So many people succeed with an importing business, in fact, that you may wonder why more aren’t doing it.
So why aren’t more people doing it?
Because people know how to set the business up; they know what platform to set the business up onto and they know how much they can earn. What they don’t know?
Nobody seems to know what they should be selling.
So many people want to start an importing business, but have no clue what to import. Now, we can’t start up your business for you – but we can give you some help.
To answer this question, we’ve created a list of 50 great ideas for products you can source outside of the country and sell over here! (We also have a few tips for researching and finding which products you want to sell.) When you’ve finished reading these ideas, we have a few posts that you may also find helpful:
- 12 Unmissable Tips For Sourcing High Quality Products For Your E-Commerce Store; for ensuring that your goods are of a high quality and will sell after you’ve got your initial idea.)
- Making Sure Your Goods Can Get Into The UK; this is a useful read for making sure that the product you decide to import will actually be able to get into the UK – and not cost you an arm and a leg in Duties.
- Your Supplier Shipping Goods To A UK Port May NOT Be The Bargain It Appears; when you import goods, the delivery service changes. Instead of your typical post service, you start needing to take use of freight services, such as air and sea freight. When using these methods of transportation, there are Incoterms splitting duties and responsibilities. This posts helps you to understand the shipping process, but it also helps you to avoid one of the largest traps in shipping.
50 Ideas For Products To Import To Sell In The UK
There’s a lot of money to be made importing goods that are for use around the home. They’ll always be in demand, they’re easily marketed and there’s a good profit margin. Although this is an expansive category and the possibilities are endless, we’ve curated a few ideas to start you off!
- Cutlery & Utensils
- Glasses (Pint glasses, wine glasses, shot glasses)
- Novelty cutlery. You know all those cool cups and mugs? Well, they’re all imported!
- Cooking tools
- Storage solutions; desk organisers, lunch boxes, laundry bags etc.
- Jewellery boxes and holders
- Toilet Brushes
- Glass Jars
The good thing about the increasing population? More parents need to buy goods for their kids! Goods for children and babies are always going to be a thriving market –
- Kids’ Clothing (Onesies, pyjamas)
- DIY sets
- Pushchairs and Buggies
- Baby bottle
- Bouncy castles
- Playground equipment
Clothing & Apparel
Although an admittedly difficult business to break into, clothing and apparel can be bought for extremely cheap prices – and sold off at a great margin.
- Costume jewellery (rings, necklaces, bracelets)
These items are for leisure and hobbies. Some may be more suited to a niche; if you can identify and work with the markets, however, you can strike gold. If you aren’t familiar with the target audience and marketing to them would be a challenge, it would generally be a better idea to avoid these products however.
- Pool Floats
- Mermaid Blankets – very in right now!
- Phone cases
- Tennis balls
- Sporting goods
Tips for finding a good product to sell:
These product ideas are merely the first step; you’ll need to decide which product is going to be the best one for your business. There are many ways that you can do this, but we’ve shared a few of the methods that we’d recommend.
- Hot Products and Bestsellers. On sites like eBay and Amazon, there are often widgets telling you what the best-selling products are – this helps you to identify what goods are selling well and whether there’s a market demand for your product.
- Product Specifications. There are certain product qualities that help to determine whether or not a product is a worthwhile business investment.StartUpBros summarized a few key factors perfectly in their post Step By Step Guide On How To Find A Profitable Product To Sell:
– Small and light enough to be easily picked up,
– Specific, niche products (usually)
– Selling to consumers for $10-200
– Consistent stream of buyers
– Selling for twice as much as your buy price
Items you should be careful with:
We wouldn’t typically say there are items you “shouldn’t” import – just items that you’ll have to be extra careful when importing. Here are a few to be wary of:
- ‘Hoverboards’. Balance boards – AKA Segways – are a dangerous product to import. UK Customs are hot on these and for good reason; imported hoverboards have been known to catch fire. If you do import them, regardless of your supplier’s compliance and testing certificates, your goods will be stringently inspected by Customs. This item is high up on our “steer clear” list.
- Rechargable Electronics. Electronics with lithium batteries need to be safe for Trading Standards to allow them into the country. Most manufacturers are able to develop electronic goods to a high enough standard to get into the country, pass Custom’s tests and resell in the UK, however, make sure you have the test reports to prove their safety.
- Drugs/Supplements. (No, not just the illegal type.) Maybe you stumble across some new organic vitamins that a Chinese supplier is selling unbelievably cheaply and you just know you could make a massive profit off. This could be OK but make sure you know EXACTLY what documents Port Health in the UK need. If your goods are being imported as Organic, they won’t be allowed in until an official certificate from the country of origin, proving their organic credentials, is stamped by the UK authorities.
These are just a few products that, as a first time importer, we would recommend you either steer clear of or understand what’s required – some of these products are just far more trouble than they’re worth!
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We hope that you found this post helpful and that you managed to gain some inspiration from it! If you liked it, don’t forget to follow us on social media and share!