Selling private label supplements is a great way to make some extra income while feeling good about the products you’re selling. From vitamins to protein bars, the nutraceutical industry offers a wide range of entry points and items for you to sell to friends, family members, and even strangers. Unlike other products with niche marketability, private label supplements have broad appeal, since many people are often instructed to take vitamins or get some extra protein after hitting the gym. In fact, some vitamins, like Vitamin D, have become so widely used that it’s leaving supplement markets booming. Here are three factors you should consider before you get into the private label supplements market.
Sell supplements if you care about health
It’s always easier to go to work when your values match the values of the industry that you’re working in, and that’s certainly the case with private label supplements. Most websites have a broad array of supplements, too, meaning that if you care about specific niches of the health and wellness vertical you can specialize in those. Are you interested in helping people make the most of their trips to the gym? Consider purchasing and selling supplements like protein bars, whey protein powder, and Omega-3 fish oil. Perhaps you just want to offer holistic ways to treat common ailments by stocking up on Vitamin C and echinacea for a homeopathic remedy for cold symptoms. Whatever niche interests you, if health is a focus of your life, you’re sure to find ways to align your values with your business in the supplemental industry.
Sell supplements when you’re looking for some extra money
One reason you may want to sell private label supplements is as a side gig to make some extra money. For example, if you already work part time, are a stay-at-home mother or father, or are considering enrolling in accredited online and continuing education degree programs, it may be useful to find a simple sales job that you can work on from the comfort of your own home and on your own schedule. Selling private label supplements is one such way to generate extra income, since the overhead cost is generally fairly low, and the product keeps very well over long periods of time. Additionally, many people already use vitamins and protein powders as part of their daily routine, so switching from their current product to supporting your business shouldn’t be too hard of a sell. Once you can get some sales in with these individuals, you can begin to create testimonials for your products, helping to spread the word of your new business.
Take on private label supplements if you’re a good marketer
If you’ve got some serious marketing skills or social media prowess, you may also want to sell supplements. Many private label supplements manufacturers carry stock formulas that you can brand with your own business name and marketing assets. This means if you’re a savvy salesman or marketer, you can really differentiate your business from the competition. If you’re able to anticipate and adapt to the needs of the nutraceutical market as it shifts, you’ll be able to make strong sales. The important thing to remember about the nutritional formula and supplements business is that your customers will often be repeat buyers, since you are selling a product that fits into their daily routine and lifestyle. Having strong marketing to attract quality customers is one way to ensure that you have repeat business.
The nutraceutical industry is booming, and one way to reap the rewards of its high profits is by entering into the private label supplements market. If you care about helping others lead healthy lifestyles and are a good salesman looking for extra money, there’s no reason you shouldn’t dip your toes into the private label supplement industry.