Six Product Ideas Found Using Chat GPT
At the end, I’m going to narrow these down to the very best using chat GPT but also my own calculations. If you’ve never used this, I am going to drop a link to chat GPT below. If you find value in any of these ideas or the process we go through, please drop a much-appreciated like on this.
Choosing Top Niches
The top niches for selling private label products online are home and kitchen and pet products.
Innovative Home and Kitchen Products
For home and kitchen, we focus on storage and organization. Specifically, we look at cabinet organizers and pantry organizers.
Pantry Organizers
We find that over the door pantry organizers are popular and profitable. These products have low competition and high sales numbers.
Cabinet Organizers
Under sink organizers are another profitable niche within the cabinet organizers category. These products are new and selling extremely well.
Newest Garage Storage Products
For garage storage, we look at wall-mounted storage systems. Tool racks and under-the-sink organizers are popular products in this category.
Tool Racks
Tool racks, especially cordless tool organizers, are in high demand and selling well on Amazon. These products have low competition and good sales numbers.
Most Profitable Pet Products
In the pet products category, we focus on pet toys and interactive pet toys. Automatic ball launchers are a popular product within interactive pet toys.
Automatic Ball Launchers
Automatic ball launchers are in demand, but some products have low quality. Finding high-quality products with good sales numbers is key in this niche.
Narrowing Down Product Ideas
By analyzing customer reviews and feedback, we narrow down the best product ideas in each niche. We focus on products with visual features that can be easily improved.
Profit Calculations
We calculate the potential profit margin for each product idea and prioritize those with a profit margin above 40%. The wall mounted tool rack and over-the-door pantry organizer are the top choices.
Conclusion
The best product ideas found using chat GPT are the wall mounted tool rack and over-the-door pantry organizer. These products have high profit potential and low competition.
If you are using AI in your business, share how in the comments below. Also, if you have any video ideas for me, feel free to suggest them. Thank you for reading!