In this article we take a look at the 10 Best Selling Products Online in 2020. Click to skip ahead and jump to the 5 Best Selling Products Online in 2020.
What are the best selling products online in 2020? Whether you are studying products to sell on your online store or searching for your next best-selling product for your dropship store, this list is for you. The online shopping industry has been evolving intensely, thanks to the ongoing digitalization of modern life, consumers from all around the world are provided with the opportunity to make profits through online transactions. For starters, e-commerce is a commercial transaction conducted online. You buy from an online seller, pay them online, and they will deliver your product to your doorstep. On the other hand, other e-commerce providers offer services too: online course and certification, and task-specific jobs.
According to Oberlo, there are 2.05 billion active online shoppers in 2020. In 2019, world-wide e-commerce transactions climbed up to 3.53 trillion US dollars and are expected to reach 4.2 trillion US dollars by the end of 2020. Many e-retail platforms like Amazon (NASDAQ:AMZN) and eBay (NASDAQ: EBay) are taking advantage of the speedy growth of the online shopping industry by developing easy access website and apps as 50% of successful sales are transacted only via a smartphone. The SPDR S&P 500 ETF Trust (SPY) can give you exposure to Amazon shares. If you’ll ask us if this is the best time to search for the 10 best selling products online– yes, we encourage you to build that e-commerce store and start hustling because the online shopping industry is projected to grow to 6.54 trillion US dollars in 2022.
So how did we come up with our top products to sell online in 2020? We gathered the best selling products from e-commerce websites like Shopify (NYSE: SHOP), Oberlo, Amazon, and alike. To give you a more accurate ranking, we used a scoring system through Google Trends. This gives us a detailed value of the most trending item to sell online. A score of 100 is the peak popularity of the item. A value of 50 means that the item is half as popular.
Here is the list of the 10 best selling products Online in 2020:
From sleek bodysuits to comfortable shaping tops and shorts, shapewear has become essential following fitness apparel and accessories. Before, wearing girdles and shapers for women used to be a hassle. Thanks to the developing technology of producing comfy shapewear, it has become a staple with women’s daily fit. There’s an even bigger demand for lingerie that can be used as shapewear!