5 Low Cost Products With High Profit Margins To Sell Online

In this article, we will take a look at 5 low cost products with high profit margins to sell online. If you want to read our detailed analysis, you can go directly to 15 Low Cost Products With High Profit Margins To Sell Online.

5. Phone Accessories

Compound Annual Growth Rate (2023-2030): 6.8%

Industry Net Margins (2022): 3.82%

Number of Mentions: 4

Phone accessories, especially power banks, cables, and headphones are some of the most prominent low cost products with high margins to sell online. The consumer electronics industry reported an average industry net margin of 3.82% in 2022. According to a report by Grandview Research, the global mobile accessories market was valued at $88.07 billion in 2022 and is expected to grow to $148.81 billion by 2030 at a compound annual growth rate (CAGR) of 6.8%.