The global supplement industry was worth a whopping $124.8 billion in 2018! And with more than two-thirds of Americans taking a dietary supplement, it’s easy to see how such a seemingly inconspicuous industry can rake in the big bucks.
Even crazier? The supplement industry is expected to grow to an impressive $278.02 billion by 2024. Supplements are a big deal and they’re only getting bigger from here. This is why so many people have started selling supplements, especially online.
With so many people jumping on the bandwagon you might wonder if it’s even possible for you to carve out your own space and make money. Well we have good news so let’s jump in.
Is It Profitable to Sell Private Label Supplements Online?
What are private label supplements? Private Label Products are the products that are manufactured and sold by one company under the brand of another company.
But we can’t talk about how to sell supplements online until we first settle the debate of whether or not it’s even profitable. Quora.com gives us some great insight!
According to Shawn Barrington, “The short answer is that if you know how and what supplements to sell online, it can be extremely profitable. Selling on Amazon is one of the easiest and quickest ways to start selling supplements online and a great place to start.
However, to really make the most money selling supplements online you need to know what supplements are in high demand and how to tap into the customers looking for your products. Whether that is through paid ads, email marketing, organic rankings, or with a brand ambassador.”
Top-selling supplements on Amazon are making as much as $100K a month! But you don’t have to stop there. Amazon is only one platform to sell your supplement. A complete online selling strategy includes much more than just listing your supplement on Amazon.
Stop thinking about starting an online supplement business and get started already!
7 Steps to Start Selling Supplements Online
1. Research Popular Supplements
Research top supplements and sellers on Amazon, eBay, and Google. Tools like Jungle Scout and Google Trends are a great way to zero in on growing trends and opportunities for success.
2. Create a Logo/Brand
Create a logo/brand that stands out and represents you. The internet is full of products in every niche. Therefore, if you want to make your product stand out, you have to do something very creative and unique which catches the potential clients’ and customers’ eyes.
3. Design a Label that can Stand Out
Every individual wants the product they use to be something different. Therefore, you need to create a professional as well as a stylish label so that it catches the attention of the fitness individuals as most of the individuals who are fitness freaks look for modernity and uniqueness in the products they use.
4. Create a Website & Accounts to Sell on Marketplaces
You need to have a website of your supplements so that the customers can visit your website and provide deals to the customers to buy your products. There are many eCommerce platforms that are easy to set up and simple to use which allow you complete control over the buying process. Amazon and eBay are great marketplaces to sell supplements online.
5. Promote Your Supplements
Pay for ads, join social media groups/forums, and start marketing your brand and products. There are many forums that allow the posting of promotional messages in the profiles. You can gain traffic from these forums to your websites. Instead of just trying to sell people make sure that you’re helpful. Answer questions and become an involved part of the community.
6. Start Curating an Audience
Focus on reviews and generating email lists. Always make sure that you get real testimonials if you want your supplements business to be a success. You can create backlinks of the testimonials from major health and fitness websites to your website which provides a positive image of your product in the minds of the visitors.
Collaboration is a great way to make build a new business or to increase profits on an existing business. You can collaborate directly offline with different organizations as well as fitness companies including gyms and offer your products to their gym members to increase sales and make a profit in the coming time. You can even send proposals online and then move ahead by collaborating with different companies and organizations.
7. Add New Products as You Grow
As you grow add new products and always look for ways to grow. Vox nutrition has tons of private label supplements and the help you to build your own brand.
Why Use Vox Nutrition To Private Label Supplements
At Vox Nutrition we can help you get started building your business. As a one-stop-shop private label supplement manufacturer, we keep over 100+ vitamin supplements in stock and ready for you to label and start selling. With a full team of in-house, designers on staff, we can help you design your own label and get started selling faster than any company out there.
Benefits of Vox Nutrition
- FDA Registered & CGMP manufacturing Facility
- 100+ Industry-leading Supplement Formulas
- In-House Design & Labeling Department
- Choose From Different Bottle sizes, Colors, & Capsule Counts
- Low MOQ’s
- Variety of Fulfillment Options
Selling supplements online can be very profitable with the right partner. Vox Nutrition can help you build your own brand and make more money online and help you grow your business.
