One of the nice perks of selling private label products is that if you’re successful you won’t need to keep looking for products — you just need to make sure you have inventory of your products that really sell.
With a private label product, manufacturers use one of their own stock products and slap your brand name on. But creating a private label brand isn’t the only option if you want to sell your own product.
Another option is to design and create your own custom product by having a manufacturer produce an item according to your specs. Many of the manufacturers you’ll find on Alibaba are ready and able to do this.
Retail arbitrage involves buying a product and then reselling it for a profit. With this approach, you won’t be creating a brand or your own products. You’ll be buying and selling products from a variety of different brands.
Another option is to sell used items. While Amazon does have a popular trade-in program, that’s more for earning free Amazon gift cards and not a legitimate business. To start a real business, one of the most common approaches is to sell used books.