What is Print on Demand?
Print on Demand or POD is an ecommerce business model that involves working with a print provider to customize white-label products. You can sell these products on a pre-order basis under your own label or brand. Print on demand is similar to dropshipping in that the products are printed only after a customer place an order.
Print on demand (or POD for short) is a profitable online business model because you don’t need to ship anything yourself, nor do you need to have an inventory. Instead, everything is handled through the printing companies. In other words, the print on demand companies handles order fulfillment for you.
What is a Print on Demand Business?
Print on demand, or POD, is where you work with a third-party supplier and customize white label products by adding your own designs to them. Print on demand services involve products sold on a per-item basis with your own brand name attached or customized design printed on the items you’ve sold through your website.
With print on demand sales, you won’t pay for a product until an order is place and the third-party supplier prints it up. After your customer places an order with you, your print on demand supplier will handle everything from that point on, from printing services to shipping.
How Does Print on Demand Work?
If you are familiar with the concept of e-commerce and dropshipping, Print on Demand will also be very easy for you. In this business model, you just need to contact an e-commerce service platform that works with this business model. You will have to choose the products on this platform you want to design as per your own idea.
Send them the design via message or email and communicate the specifications for the same. Once you receive the visual of the final product, you can list it on your e-commerce store. Whenever a customer orders a product from your store, the order will be directed to the e-commerce platform, and they will ship the product directly to customer’s doorstep.
How to Start a Print on Demand Business?
The idea of starting a (POD) business can sound pretty enticing. There is no need to carry inventory and there are low start-up costs and fast shipping times. If you do not treat it like one, the chances of you succeeding at POD are slim because it’s likely that you will make a lot of mistakes along the way.
That is why, before you start attracting customers to your store, there are certain steps that you need to take to ensure that your POD business is properly set up and ready to sell.
Before getting down, here’s how to start a POD business in easy steps.
- Find a niche then sell
- Decide on what to sell
- Create your online store
- Create designs
- Select a suppliers
- Ensure your POD products’ quality
- Make Sure That You Have a Credit Card
- Work on pricing strategy
- Avoid Copyrights and Check if Your Written Phrase is Trademark
- Check to See if Your Design Can Be Printed onto Another Product
- Upload products then publish your store
- Get Honest Feedback for Any People
- Don’t forget to promote your store
Types of Products?
There are many types of products that can be customize and made to order. From mugs to hats to t-shirts, if you have a favorite product to include on your website, chances are strong that the item can be customize and sold in a POD format. You can come up with sentiments to add to the t-shirts or tote bags or, if you’re an artist, have your artwork added to the custom products, such as t-shirts or glassware.
To provide you with some ideas, here is a list of some top POD products to sell:
- Wall art
- Water bottles
- Phone cases
- Laptop cases
- Book printing
- Tote bags
- And other unique, sure-to-sell products
What is the Best Print on Demand Site?
Print on Demand Vs Dropshipping?
It is a type of dropshipping model. However, print on demand and outright dropshipping different items are only printed up and shipped once each individual order comes in.
Dropshipping models are a bit different. Dropshipping businesses and their dropshipping models have products stocked and ready to go as soon as it’s time for them to be shipped out the door. Once your dropshipping company is contacted with an order, the dropshipping entity will find it in the warehouse, package it up, and ship it out to the customer.
When you compare dropshipping to print on demand, you’ll find dropshipping is often a quicker process than outright print on demand because in the dropshipping model the items are already in finished form and ready to go. POD items have to be print with custom designs prior to shipping.
With both print on demand and the straightforward drop shipping model, the ecommerce owner doesn’t store or hold the inventory. This is the responsibility of a third party who fulfills the order. Dropshipping businesses make it possible for ecommerce business owners to handle the initial sale but hand over the rest of the duties to the dropshipping company.
Can You Make Money with Print on Demand?
Yes, you can make money with print on demand. But you’ll have to put the work on it. You’ll need to do things like test products and advertisements to see what resonates with your audience the most. You’ll also have to test pricing to see what pricing points work best for each product.
Some stores may not earn much at all, while others may earn tons of money. High volume will help you make real money.
How Much Money Can U Make with Print on Demand?
The amount of money you can make with POD is highly based on what kind of products you sell, your target audience, and how well you reach them through marketing. Further, if you make one sale per day, you may profit around $5-$8 per day, assuming the customer buys a single t-shirt. This comes out to approximately $150 to $240 per month in mostly passive income.
If you need to start small business then visit this link