10+ Best & Profitable Reseller Business Ideas [2023]

Looking for the best reseller business ideas to start in 2023? Check out this guide for 10+ profitable reseller business ideas you can use to jump-start your venture and start earning money today. Get the insider tips and tricks you need to get start your own successful business now!
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

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Hey there, aspiring entrepreneur! Have you been dreaming about starting your own business, but not quite sure where to begin? Or maybe you're already in the game, looking for a fresh new venture that's both profitable and exciting? Well, you've stumbled upon the right place. Welcome to the world of reselling, a booming industry that's ripe with opportunities for the taking.

Reselling, in a nutshell, is all about buying products at a low cost and selling them at a profit. It's a simple concept, but with countless possibilities. And the best part? You don't need a hefty investment to get started. All you need is a keen eye for good deals, a dash of creativity, and a whole lot of hustle.

As we step into 2023, the reselling landscape is more diverse and promising than ever. From vintage clothing to digital products, there's a niche for everyone. And in this article, we're going to explore the top 10+ best and profitable reseller business ideas that you can dive into this year. So, buckle up and get ready for a thrilling entrepreneurial journey. Let's turn that dream into reality, shall we?

Web Hosting

Web hosting is a service that allows businesses and individuals to store and serve websites and web applications on the internet. It is an essential part of running any internet business, as without it, no websites could be accessed by the public. There are many advantages to starting a web hosting business, some of which include:

  • High demand: As more people use the internet for a variety of tasks, there is ever increasing demand for web hosting services.
  • Relatively low cost: Setting up a web hosting business is generally less expensive than launching other businesses.
  • Scalability: The nature of web hosting makes it relatively easy to scale up or down depending on customer needs.
  • Flexible pricing models: Web hosts can offer customers a variety of different pricing models, such as flat rate or pay-as-you-go plans.
image of a Web Hosting

Apparel

Apparel is clothing and accessory items such as shirts, dresses, hats, and jewelry that can be sold to customers. It makes a great business idea for entrepreneurs looking to make money by selling fashionable products.

  • Apparel comes in a wide variety of styles, colors, and sizes which makes it appealing to a large group of customers.
  • Because apparel products are often affordable, this business idea has broad appeal across multiple price points.
  • It is relatively easy to get started in the apparel business as there are many suppliers and manufacturers available to source merchandise.
  • The fashion industry is constantly changing and evolving so there is always something new and exciting for customers to shop for.
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Examples of successful businesses:

Reseller business is a term used for companies investing in sales of products acquired from a supplier. They typically purchase the products in bulk and then resell them for a higher price. Here is a list of some successful companies in the reseller business industry:

  • Amazon
  • Ebay
  • AliExpress
  • Walmart
  • Best Buy
  • Newegg
  • Jet
  • Costco
  • Overstock.com

Software

Software is a type of computer program designed to help the user carry out specific tasks. Good software solutions can increase efficiency, improve customer relations, and save time and money for businesses. There are many ways a software solution can be a successful business idea:

  • Increased customer satisfaction by streamlining processes
  • Reduction in labor costs due to automation and integration
  • Better data management and analysis capabilities
  • More accurate customer tracking for targeted marketing campaigns
  • Time saved by reducing manual tasks such as data entry

Jewelry

Jewelry is a decorative accessory worn for personal adornment, such as rings, necklaces, earrings, bracelets and watches. Jewelry could be made from materials that range from precious metals and gems to glass and plastic. It is used to signify important occasions and milestones. Making jewelry could be a great business idea as it has the potential to create items of beauty and value.

  • Jewelry could be attractive and well-crafted
  • It could bring joy to the person wearing it
  • It has the potential to become an heirloom
  • It can also serve as a status symbol
  • It could potentially increase in value over time

Event Planning

Event planning is the process of organizing a special event, such as a wedding, birthday party, corporate gathering, or music festival. It involves researching and sourcing venues and vendors, developing budgets, and coordinating logistics. Event planners take charge of the entirety of the event from start to finish, including planning and delegation of tasks to other vendors or members of the event staff.

  • Organizing special events
  • Researching and sourcing venues and vendors
  • Developing budgets
  • Coordinating logistics
  • Planning and delegation of tasks

Home Goods

Home Goods is a business concept that provides customers with high quality, stylish home products. From furniture, to decor items, to kitchenware, to accessories, there are many items that can be found in a Home Goods store. Home Goods makes for an excellent business idea because:

  • It provides customers with products of a variety of styles and tastes.
  • It offers a wide selection of items at competitive prices.
  • It can be tailored to fit the needs and wants of any customer.
  • It is a way to update the look and feel of one's home without having to break the bank.

Custom Products

Custom Products are items that are tailored to the individual customer’s desires and needs. This can include custom apparel, furniture, stationary, or any other type of product. A business that specializes in Custom Products can be a great opportunity as it allows customers to express themselves and have something completely unique. Some benefits of starting a Custom Products business include:

  • The ability to customize products to your customer’s exact specifications.
  • The ability to target specific customer segments.
  • A higher rate of customer satisfaction as customers will get exactly what they asked for.
  • The ability to differentiate your products from other companies due to the unique nature of your business.

Artwork

An artwork is any piece of work that can be made with a creative intention. It includes paintings, drawings, sculptures, and photographs, as well as all other forms of visual expression. Artwork can be made for sale in the form of prints or originals for display purposes. It can also be used to decorate a home or business, making artworks a great business idea.

  • Artwork can be used to decorate a home or business
  • Prints of artwork can also be sold
  • Originals can also be sold
  • Artwork can be a great source of income
  • It appeals to people's emotions and creativity

Furniture

Furniture is an important part of any home and often has a large impact on the overall look and feel of any space. As such, it can be a great business idea. Here are some reasons why:

  • Furniture is highly customizable, meaning no two pieces will ever be exactly the same and you can create unique solutions for every customer
  • It's durable - customers will often invest in quality furniture that will last them many years
  • It's always in demand - people will always be looking to buy furniture for their homes, so it's a product that's sure to fly
  • You can easily scale your furniture business, from smaller bespoke pieces to larger production lines, depending on the size of your business

Printing Services

Printing Services is a business that provides printing services for all sorts of printed materials, such as business cards, leaflets and brochures. A Printing Services business is a great idea because it offers a variety of services and products, it is relatively low cost to start up and customers often think highly of companies that provide quality printed materials. Additionally, there is a high demand for printing services from businesses of all sizes.

  • Offers a variety of services and products
  • Low cost to start up
  • Highly appreciated by customers
  • High demand from businesses of all sizes

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.