5 High Margin Products to Sell Online

3. Car Covers

Average Profit Margin: 68%

Another high-margin product to profit from is covers. Covers have an average profit margin of 68%, according to AMZ Scout. These covers help keep your cars clean despite all kinds of weather. They are lightweight, can easily be folded, and can easily be shipped whilst keeping costs low.

The market value for car covers was $798.6 billion in 2022, growing at a CAGR of 2.5% during the forecast period. Future Market Insights predicts that this market value will reach $1 trillion by 2032. This demand is proportionate to the growing demand for cars around the world.