Launching anÌýonline business might seem like anÌýoverwhelming endeavour. Where doÌýyou source products? Store them? What about shipping? Oh, andÌýtheÌýstartup costs… The fear ofÌýaÌýrisky upfront investment isÌýenough toÌýmake anyÌýaspiring entrepreneur get aÌýbad case ofÌýcold feet.
But what ifÌýweÌýtold you that you could start aÌýbusiness without spending aÌýlot ofÌýmoney onÌý
Sounds too good toÌýbeÌýtrue, right? But we’re here toÌýtell you: it’s not! With
This blog post covers theÌýbasics f´Ç°ùÌýstarting out selling
What ±õ²õÌýPrint-on-Demand?
InÌýaÌýnutshell, here’s how itÌýworks:
- You come upÌýwith aÌýdesign toÌýprint onÌýyour products.
- You set upÌýanÌýonline store andÌýconnect itÌýtoÌýaÌý
print-on-demand service. - AÌýcustomer places anÌýorder inÌýyour store.
- The
print-on-demand service prints your design onÌýtheÌýitem theÌýcustomer ordered andÌýships itÌýtoÌýthem.
AsÌýyou can see, you don’t have toÌýdeal with inventory ´Ç°ùÌý
The great thing about
You can choose products andÌýupload your design onÌýaÌý
Pros andÌýCons ofÌýHaving aÌýPrint-on-Demand Store
Not sure ifÌýaÌý
Pros ofÌýhaving aÌý
- Less stress: You don’t have toÌýstore andÌýmanage stock, package orders, deal with suppliers ´Ç°ùÌýshipping companies.
- Mostly
hands-off: Once you set upÌýaÌýstore, you don’t have toÌýinvest aÌýlot ofÌýtime inÌýkeeping your business running. - NoÌýdead stock: AsÌýorders are printed after anÌýorder isÌýplaced, you don’t risk having aÌýpile ofÌýdead stock (that you’ve already paid for!) lying around.
Cons ofÌýhaving aÌý
- More expensive compared toÌýbuying items inÌýbulk: Since products are made toÌýorder, your profit margins are lower.
- NoÌýcontrol over packaging andÌýshipping: Since you don’t manage shipping, it’s harder toÌýcustomize your packaging andÌýcontrol theÌýprice ofÌýshipping, ´Ç°ùÌýhow long itÌýwill take f´Ç°ùÌýyour items toÌýreach your customers.
- NoÌýpersonal oversight/quality control: You don’t see theÌýproduct before it’s shipped toÌýyour customers. However, you can order test batches toÌýcheck theÌýquality ofÌýitems offered byÌýaÌý
print-on-demand company before you commit toÌýtheir services.
±õ²õÌýPrint-on-Demand Right For You?
The specifics ofÌýaÌý
- Beginners who would like toÌýopen anÌýonline store, but don’t have time toÌýsource products andÌýdeal with inventory andÌýshipping.
- Influencers, artists, musicians, ´Ç°ùÌýanyone else with aÌýfollowing who want toÌýsell their merchandise.
- People who’d like toÌýsell their own designs ´Ç°ùÌýwhose business model involves sourcing designs from other artists.
- Businesses andÌýnonprofits that want toÌýsell branded merchandise.
- Aspiring entrepreneurs that can’t afford toÌýmake risky investments upÌýfront.
- Businesses that want toÌýtest new products while staying onÌýaÌýbudget.
Branded merchandise isÌýaÌýpopular way toÌýlet your followers support you (Image: Pip The Beach Cat)
What Product You Can Sell inÌýaÌýPrint-on-Demand Store
The most common products are:
- Clothes f´Ç°ùÌýadults andÌýkids. For example,
t-shirts, shirts, hoodies, caps, leggings, etc. - Accessories such asÌýtote bags, phone cases, umbrellas, jewelry, face masks, etc.
- Home decor, f´Ç°ùÌýinstance, wall art, throw pillows, towels, stationery
- Drinkware, say coffee mugs andÌýwater bottles
- Product catalogs f´Ç°ùÌýmailing.
There are various products you can customize andÌýsell
How toÌýSet UpÌýaÌýPrint-on-Demand Store
1.ÌýChoose What toÌýSell
The choice andÌýtheÌýrange ofÌýproducts depends onÌýwhat kind ofÌýstore you’re thinking ofÌýstarting. For example, ifÌýyou’re dreaming about designing your own apparel line, you can sell all kinds ofÌýclothes andÌýaccessories with various custom prints inÌýyour store.
2.ÌýCreate Your Design
Design can beÌýasÌýsimple ´Ç°ùÌýelaborate asÌýyou want. ItÌýcan beÌýaÌýprint, ´Ç°ùÌýaÌýstylized tagline ´Ç°ùÌýslogan. It’s best toÌýavoid using prints found online asÌýyou risk violating someone else’s copyright. Also because you want your product toÌýbeÌýoriginal.
You can create aÌýunique print f´Ç°ùÌýyour products, ´Ç°ùÌýhire aÌýdesigner.
The first option isÌýbetter ifÌýyou have design skills ´Ç°ùÌýifÌýyou’re ready toÌýedit
Some
Designing aÌýbackpack via Printful’s
Hiring aÌýdesigner toÌýcreate aÌýcustom print will likely cost you more than making itÌýyourself ´Ç°ùÌýwith aÌýgraphic design service. AtÌýtheÌýsame time, itÌýcan help ensure you’ll get aÌýquality print noÌýmatter how elaborate you want theÌýdesign toÌýbe. ToÌýhire aÌýfreelance designer, you can always check out websites like ´Ç°ùÌý.
3.ÌýSet UpÌýanÌýOnline Store
Now that you know what you’re going toÌýsell, you need aÌýplace toÌýsell it! Setting upÌýanÌýonline store might sound like aÌýchallenge ifÌýyou’ve never dealt with building aÌýwebsite andÌýhave zero coding experience. However, f´Ç°ùÌýtheÌý
When setting upÌýyour online store, make sure toÌýprovide relevant information about your brand, contact information, asÌýwell asÌýTerms andÌýConditions, Return andÌýRefund Policy. This way your new website will look more trustworthy toÌýpotential customers.
AnÌýexample ofÌýaÌýwebsite you can quickly set upÌýwith ºÚÁÏÃÅ
More: How toÌýBuild anÌýEcommerce Website: The Easiest Way That Requires NoÌýExperience
4.ÌýChoose aÌýPrint-on-Demand Service andÌýConnect itÌýtoÌýyour Store
ToÌýstart selling
Here’s what you need toÌýconsider when choosing aÌý
- Price. When comparing prices, make sure toÌýcheck out anyÌýadditional charges ´Ç°ùÌýhidden fees that might beÌýinÌýtheÌýmix (reviews are your friend!).
- Potential profit margin. AÌý10ÌýtoÌý20Ìýpercent profit margin isÌýaverage f´Ç°ùÌýtheÌý
print-on-demand industry. Determine how much you are willing toÌýcharge your customers f´Ç°ùÌýcustom products, andÌýmake sure that your cost ofÌýgoods sold doesn’t compromise your ability toÌýbecome profitable. - AÌýrange ofÌýcustomizable products. Each
print-on-demand company has aÌýselection ofÌýitems that you can customize with your designs. Make sure they offer theÌýspecific products you’d like toÌýsell inÌýyour store. For example, ifÌýyou want toÌýsellt-shirts, don’t hire aÌýprint-on-demand service that specializes inÌýceramics. - Multiple stores per account. IfÌýyou’re going toÌýhave several stores (say, f´Ç°ùÌýdifferent target audiences), look f´Ç°ùÌýservices that allow you toÌýhave multiple stores managed byÌýone account.
- Branding options. Find out ifÌýaÌýsupplier puts their brand onÌýproducts ´Ç°ùÌýpackaging before you commit toÌýthem. Check ifÌýthere are anyÌýlimitations inÌýyour branding options ´Ç°ùÌýdesigns.
- Seamless integration with aÌýstore. Choose aÌýprovider that integrates easily with your ecommerce platform.
- Fulfillment andÌýshipping. ToÌýprevent customer complaints onÌýdelayed delivery, choose aÌý
print-on-demand service that ships from theÌýsame country ´Ç°ùÌýgeographical area that you want toÌýsell in. Keep inÌýmind that theÌýfurther your items have toÌýtravel, theÌýhigher theÌýshipping costs. - The merchant policies. Check how andÌýwhen you get paid from sales fulfilled byÌýtheÌý
print-on-demand service. Some ofÌýthem don’t pay out until after their return period has ended, which could beÌýupÌýtoÌýaÌýmonth.
WeÌýknow you don’t want toÌýoffer bad quality items toÌýyour customers. That’s why it’s incredibly important toÌýcompare several services byÌýordering test batches. This way, you’ll beÌýable toÌýcompare theÌýquality ofÌýproducts andÌýprinting methods andÌýchoose theÌýbest service f´Ç°ùÌýyour specific design needs.
After you decide onÌýaÌýservice, it’s time toÌýsync itÌýtoÌýyour online store. IfÌýyou have anÌýºÚÁÏÃÅ store, you can easily . This
Start Your Print-on-Demand Business Today
You might beÌýinterested inÌýstarting aÌýbrand new business, finding aÌýnew way toÌýtest new inventory f´Ç°ùÌýanÌýexisting store, ´Ç°ùÌýgetting your company’s name out there with branded merchandise. NoÌýmatter what you’re looking for,
SoÌýwhat doÌýyou have inÌýmind f´Ç°ùÌýyour store? Maybe you want customized
Share your ideas inÌýour comment section. OrÌýelse you can use itÌýtoÌýgive advice toÌýfellow merchants, ´Ç°ùÌýask anyÌýquestions about starting aÌý
Ìý
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