Reselling is one of the best businesses to begin as you don’t have to develop a product idea or manufacture a new product. Just promote an existing business, product, or brand you like and earn money for it! Reselling needs no investment, and anyone can start it. Due to this reason, it is one of the most cost-effective businesses. To help you start, we have curated the list of the best reselling business ideas in India. You can choose the idea you like and start your reselling business.
What is a Reselling Business?
On this page:
- What is a Reselling Business?
- List of Top15 Reselling Business Ideas in India
- 1. Drop Shipping
- 2. Clothing Reseller
- 3. Antique Dealer
- 4. Fine Art Reseller
- 5. Designer Clothing Boutique Reseller
- 6. Luxury Handbags Reseller
- 7. Estate Sales
- 8. Jewellery Reseller
- 9. Distributor
- 10. Broker Resale Business
- 11. Business Broker
- 12. Import-Export Sales
- 13. Resell Services
- 14. Subscription Boxes
- 15. Refurbished Technology
- 16. Furniture Reselling
- 17. Vehicle Reselling
- 18. Shoes Reselling
- 19. Books Reselling
- 20. Musical Instruments Reselling
- 21. Comic Books Reselling
- 22. Tickets Reselling
- 23. Home Décor Reselling
- 24. Domain Reselling
- 25. LEGO Reselling
- How Much can you Earn From Reselling Business in India?
A reseller is a middleman between the manufacturer and the customer. A reseller usually purchases the product from the manufacturer, adds its profit margin, and sells it to the customer at a higher rate. However, not all reselling businesses require you to purchase the product. For example, drop shipping does not require having inventory. Another way of becoming a reseller is to join Affiliate Marketing platforms, where you will be paid a fixed commission for every product you promote. A reseller can promote the product or service on their website, blog, or social media pages, to gain traffic and earn money. The more people purchase the product, the more they will earn.
Benefits of Becoming a Reseller:
- You don’t have to create a new product for your business
- You can resell products or services in any niche
- You can start your business with no investment
- You don’t need an inventory
- You can work from anywhere, anytime
- You can earn a high amount of commission
List of Top15 Reselling Business Ideas in India
1. Drop Shipping
Drop shipping is a reselling business model where you can sell products through your website or online store. You don’t need a warehouse to start this business. Choose a niche, build your online store, add your profit margin and sell the products. When the order is placed, the manufacturer will deliver the product. Your income will be the difference between the cost of buying from the manufacturer & retail costs.
2. Clothing Reseller
It is a proven money-making system where you can purchase wholesale clothing from retailers, add your profit margin and then sell it on your online store. You can sell T-shirts, jeans, caps, sarees, sweaters, etc. Typically, your earnings will be 50% + retail price, depending upon the item and designer. Clothing trends always change. Due to this reason, there will always be a demand for new inventory. You can also specialize in particular clothing. For example, men’s clothing or women’s clothing. You can easily resell clothes through reselling apps like EarnKaro, Meesho, and Glowroad.
3. Antique Dealer
You can become an antique dealer and make a handsome amount of money. You can purchase antiques at flea markets, thrift shops, or estate sales. You can resell these products online at a price you set. The key to being successful is to specialize in a niche. For example, specializing in American furniture. Antique dealers with a lot of knowledge about the product they are promoting tend to earn more than others. You can promote furniture, glassware, and jewellery as an antique promoter.
4. Fine Art Reseller
You can become an art reseller if you have enough money to invest in art. You would need immense knowledge of art for this type of business. You can purchase art and resell it. Art’s value tends to grow over time. Hence, the resale value will be huge. Another way to do this is to open an art reselling gallery. You can showcase the artist’s work and resell it for a higher price.
5. Designer Clothing Boutique Reseller
You can also sell designer luxury clothing by purchasing them at thrift stores and garage sales and reselling them online. Another way is to offer to sell last year’s styles. You can resell them at sites such as eBay and Poshmark. You have to stay up to date with fashion to promote the right product to your customers. Once listed, you can promote these items on your social media platforms.
6. Luxury Handbags Reseller
Handbag reselling is easy because bags have a fixed size. The pricing structure is also standard. Moreover, there is a huge demand for luxury bags. You can offer refurbished or customized options and earn more income. You can sell travel and school bags for men and women in your fashion store. For example, selling briefcases, wallets, belts and hats for men.
7. Estate Sales
When someone passes away, their family members sell their belongings. It is an extremely overwhelming task. As an estate agent, you can take care of it. You can sell these belongings at a higher rate. In this reselling business, you can charge for setting up garage sales, arrange for appraisals, and place advertisements. For this type of business, you would need a large warehouse.
8. Jewellery Reseller
Many people like to adorn themselves with jewelry. You can resell jewelry items such as jewelry sets, necklaces, earrings, bracelets, rings, bangles, nose pins, pendants, etc. To promote jewelry products, you can either join a direct sales company or purchase used jewelry and resell it. To succeed in jewelry reselling, you must stay up to date with jewelry fashion trends. This way, you can make a significant amount of money. Now you might be thinking about where we can resell them. Don’t worry. We have already covered some of the best jewelry reselling apps where you can easily resell them.
One of the online reselling business ideas is to become a distributor. A distributor purchases a product from the manufacturer and sells it to a particular market. As a distributor, you can negotiate the price of the product and can even get a discount. To be a successful distributor, it is important to have a thorough understanding of the market.
10. Broker Resale Business
A broker sells items wholesale. The price charged by a broker covers the administrative and shipping charges. The best way to work in the broker resale business is to partner with a local or online broker in your niche. You can find a drop shipper who will ship the products for you. It will take time to develop trust. Once you are established, you can gain more business.
11. Business Broker
You can become a business broker by matching business owners with entrepreneurs who want to purchase the business. You can negotiate sales deals as a business broker and help lawyers and accountants file the paperwork. Your earnings will be consulting fees, listing charges, and commission.
12. Import-Export Sales
You can work as an import-export reseller. To get started, you can research the trending products in the countries you are interested in working in and then source a supplier. Another way is to join organizations like the National Association of Importers and Exporters.
13. Resell Services
One of the best online reseller business ideas is to resell services. For example, you can become a booking agent for musicians, entertainers, and models. You can also become an ad or web content provider for freelance services such as graphic design, web development, and writing.
14. Subscription Boxes
Subscription boxes are mostly renewed. For example, snack foods, beauty products, books, or DVDs. You can also resell themed subscription boxes such as bird-watching, camping, or gardening. It is a money-making reselling business because you can charge more than the purchase and shipping cost by including it in your monthly pricing.
15. Refurbished Technology
You can sell refurbished electronic devices such as mobiles, laptops, and desktops and earn money online through reselling. To resell these products, you can use websites like Amazon, Gobol, eBay, Greendust, Snapdeal Refurbished, and Electronics bazaar.
16. Furniture Reselling
Furniture reselling involves buying used furniture from thrift stores, yard sales, or online and reselling them for a profit. To earn money from furniture reselling, you will need to find pieces you think you can sell for a profit. Once you have found quality furniture pieces, you will need to clean, repair, and stage them to make them look as attractive as possible. Finally, you will need to find buyers for the furniture pieces. You can list the items for sale online or in local classifieds or hold your own garage sale. You can easily make a profit by selling furniture pieces for a higher price than what you paid for them.
17. Vehicle Reselling
Vehicle reselling is a great way to make money. It can include vintage cars, bikes, scooters, or bicycles. Vehicle reselling can be lucrative since many collectors and enthusiasts pay good money for these historical automobiles. You can arrange vehicles to resell through auctions. Once you have found a vehicle, you want to purchase, inspect it for any damages and repair any necessary parts. You can then advertise your newly acquired vehicle online or in local newspapers. When you have found a buyer, negotiate a price and finalize the transaction. You can make a good profit from vehicle reselling with the right resources and knowledge.
18. Shoes Reselling
Shoes reselling can be done by anyone with enough knowledge of the footwear industry. You can easily resell sneakers, designer shoes, or other footwear products. To get started, you’ll need to source a good supply of shoes, understand current trends, and have a good marketing plan. You’ll need to research what shoes are in demand and what price points are attractive to buyers. Once you have a good selection of shoes, you’ll need to create an online store or list them on a market platform. You’ll also need to promote your shoes to potential buyers through social media, blogs, and other platforms. Shoes reselling is an exploding business and can help you create a successful business in no time.
19. Books Reselling
Different types of books, like fiction, non-fiction, biographies, autobiographies, and many others, can be resold for hefty prices. Limited editions or author-signed books can fetch you a good amount of money. You can find valuable books in stores, libraries, or online. To be successful in this business, you need to be able to source your books for the best prices, know what kind of books are in demand, and create an effective marketing strategy to reach potential buyers. You also need to understand the market, accurately evaluate the condition of the books you buy, and offer competitive prices.
20. Musical Instruments Reselling
The music industry is an ever-expanding phenomenon. Different instruments related to famous artists and musicians are bought and sold daily. Instruments related to particular records, concerts, or those signed/played by musicians are always fan favourites. You can sell anything – guitars, keyboards, drums, etc. Musical instruments can be found online, in person, or at an auction. However, you need to have a good knowledge of the market or be in touch with a learned industry professional to aptly evaluate and price your products and sell them for a profit.
21. Comic Books Reselling
Comic books can be sourced through online retailers, garage sales, flea markets, and comic book stores. Comic books have a huge market, and vintage comics, limited editions, and signed comics fetch the highest price. Once you’ve amassed a collection of comic books, you can begin to research and identify which comic books are valuable and worth reselling. You can also look into comic book subscription services and box sets that offer a selection of comics for a fixed price.
22. Tickets Reselling
People love attending events that they are passionate about. However, there may be situations when tickets get sold out or become rather expensive. Ticket resellers take advantage of situations like these by being aware of upcoming events and ticket releases. They buy early-bird tickets at the lowest prices and later sell the passes to the fans at a high margin. This is a lucrative business as most early-bird tickets come cheaply and get heavily marked up as the event closes. You can purchase from online ticketing platforms like BookMyShow and Paytm Insider and sell on social media or through your offline network.
23. Home Décor Reselling
You can purchase home décor items from wholesalers at discounted prices and then resell them at a higher price to consumers. You can also source unique, vintage, or antique items from flea markets, thrift stores, and estate sales and resell them for a profit. Additionally, you can create your designs and produce them in-house or through a third-party manufacturer. You can also use online marketplaces like Etsy and eBay sell your products.
24. Domain Reselling
Domain reselling is buying domain names from a registrar and then selling them to another person or organization. You can do this through various methods, such as through an auction, direct sales, or a marketplace. By reselling domains, you can make money from the sale of those domains and the renewal fees associated with them. This can be a lucrative business for those willing to spend time and effort building a portfolio of domains to resell.
25. LEGO Reselling
Earning money from LEGO reselling involves buying used LEGO sets or individual LEGO pieces at a discounted rate and then reselling them at a higher price. You can do this through online platforms such as eBay, Bricklink, local classifieds, and thrift stores. Reselling LEGO sets or pieces can be a successful business since the demand for LEGO sets is always high, and you can often negotiate prices. To maximize profits, resellers should research the current market value of their LEGO sets or pieces and pay careful attention to shipping costs. Several LEGO limited edition products can be sold at multiple times the profit.
How Much can you Earn From Reselling Business in India?
As per the report of Glassdoor, an average reseller earns somewhere around ₹10,000 /month. Whereas it has been recorded above this many times in the past. In reselling, 10% is considered a good profit margin, 20% is considered above the average margin, and 5% is considered a low-profit margin.
In addition to this, we would also recommend you check our latest blog, where we have listed the top grocery reselling apps in India. Do have a look and let us know if you find it helpful.
Reselling a business is a great way to start your online business. You don’t have to develop a product idea or worry about investments. As a reseller, you can earn as much money as you want by promoting the product you like. You can start a reselling business in any niche using the above ideas. It can be fitness and weight loss, health, pets, clothing, luxury handbags, etc.
Here are the steps to start a successful reselling business:
1. Scan your Industry
2. Identify Your Target Audience
3. Competition Study
5. Start your Business
6. Market your Business
it is totally legal to resell items as a business, so anyone can start reselling business but will be bound to follow strict reselling guidelines.
yes, reselling is worth it as, according to glassdoor.co.in, an average reseller earns around ₹16,500/month. In addition to this, it provides flexibility and earning potential at the same time.
resellers are bound to pay sales tax to the state government, where they are selling the product physically.
1. Some of the items that you can not resell are:
2. Event Tickets
3. Software and digital media
4. recalled products
5. Prescription medications
and other products that are been probated by brands
Yes, reselling is one of the best side hustle ideas in India. Through this, we can earn while sitting at home, and the fun part is we can promote any product of our choice.