If you are looking to get into the CBD industry, you may want to sell oils online. Check out these tips for selling CBD oil online.
With the popularity of CBD products on the rise, the opportunities to capitalize on the CBD market are huge. If you're looking to break into the CBD market, the easiest way to do so is to start selling online.
But selling CBD products like CBD oil online isn't quite the same as selling other products. So what do you need to know before you start selling CBD oil online?
1) Where Will You be Getting Your Product?
Unless you're making your CBD products, you'll need to find a reputable supplier for your online CBD business. Because this industry is currently exploding, there are plenty of wholesalers to choose from. Choosing the right one is the key to your business's success.
Unfortunately, there are a lot of businesses out there peddling inferior products. Do your research to ensure that the wholesaler you choose is manufacturing a high-quality product. Make sure that your wholesaler is testing their product for quality regularly, that their production methods are top of the line, and that they're using natural ingredients.
CBD products manufactured by high-quality companies are completely safe. Though some studies have highlighted concerns about the health impacts of CBD oil, those studies are not telling the whole truth. As long as you choose a top of the line wholesaler, your product will be safe and effective.
2) What Products are Right for Your Business?
There are a lot of different CBD products out there. An essential part of launching your online CBD business is knowing what products are available and which kinds you want to sell.
Do you want to sell full spectrum CBD or CBD isolate products? Do you want to sell tinctures, capsules, edibles, oils, topicals, or all of the above? The answers to these questions will determine which wholesalers you work with and how you set up your online store.
Make sure to research all the CBD products on the market before deciding what's right for you and your online store.
3) What Are the Legal Implications?
When selling CBD oil online as well as other CBD products, it's important to understand the legal issues in play. While CBD products are technically legal on a federal level, there are important distinctions you'll need to keep in mind.
CBD products that are low or zero THC, which means that the product contains less than 0.3% THC, can be legally sold to all 50 states. So, when you're researching your product and your wholesalers, make sure you're getting products that contain less than 0.3% THC.
With that said, some states are tougher than others when it comes to CBD products. Each state can ban CBD products via state laws. Make sure you keep up on the latest legislation about CBD products.
Start Selling CBD Oil Online
Once you've done all the necessary research, the last step to selling CBD oil online is setting up the actual online store. Products like Square and PayPal offer packages that include a basic website with an online store. These services process orders and payments, which leaves you responsible only for shipping the actual product.
If you have more questions about setting up an online store, check out the technology section of our website where our experts share all their industry secrets.
