5 High Margin Products to Sell Online

1. Watch Accessories

Average Profit Margin: 80%

Another popular high-margin product to keep a lookout for is watch accessories. Popular throughout the year, Statista notes that revenues in the accessories-market amounted to $551.10 billion in 2023. It is expected to grow annually at a CAGR of 4.24% from 2023-2026. Out of this market, 33.1% of the total revenue is expected to be generated through online sales.

Watch bands, bracelets, and similar accessories can generate as much as 80% margins from sales. Popular watch bands include Apple’s black sport band and the Milanese loop. These bands are fairly cheap to make but are sold at high markups. For instance, one technology firm reports that Apple’s entry-level sports band costs only $2.05 to make, excluding packaging and shipping. However, it retails for $49.

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