Are you crazy about healthy living? Then you aren’t the only one! The health market keeps growing year after year. Sports brands and even healthy restaurants are seeing huge spikes in their revenue. You can ride this wave and make good money selling all kinds of health products on the side. In this article, we tell you more about how to start selling health products and what you can’t forget.
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Find the booming products
From supplements to at home gym equipment, there are a lot of products on the market. To make sure you focus on the right demographic, it’s a good idea to take a look at Google Trends or the search volume of certain products.
You can sell those products through your own webshop, but that might be a bit costly. Luckily, you can easily become an Amazon seller, for example. You can even focus on merely reselling: take a look at products that are always sold-out on Amazon – home gym equipment during the pandemic for instance – and try to buy those in local stores, to resell them for a profit. There’s all kinds of ways you can make money online.
Don’t forget to take care of your practicalities
Selling products online is easy – almost too easy. In just a few clicks, you can take care of everything. But don’t forget that every business needs to be registered and needs to pay taxes. When you start your side hustle, don’t forget to look at all the practicalities, so you don’t run into trouble with the law.
If you don’t know anything about taxes, we recommend you to hire an accountant to take care of that for you. Believe us: you’ll sleep better knowing that your taxes are handled!
If you choose to sell products through your own website, it might also be handy to hire a marketing agency. They’ll put you on the map through a SEO strategy, great ads and good psychology tricks.
Another practicality lots of entrepreneurs forget is having a collection agency (Dutch: incassobureau) on speed dial. Unfortunately, every entrepreneur will sooner or later have to deal with debtors who can’t be reached and/or don’t pay their bills. In that case, it’s handy to have a partner you can trust who goes out of his way to get your money back. A collection agency can even hire a bailiff or take your case to appeal (Dutch: hoger beroep), if needed. Handy, right?
Good luck with your side hustle!