Print on demand: A unique eCommerce business idea any start-up can implement

Start-ups are changing the world around us for better. In fact, the consumerization of technology has turned out to be a bliss for innovative people with an aptitude for business.

As the internet has developed as a global market, it is helping people unleash the entrepreneur in them. There is a flood of eCommerce websites and apps and the number of buyers is also increasing.

As a result, more businesses are relying on website makers and mobile app builders to enter the online market that is profitable and full of new opportunities.

Evidently, there is scope of growth and success for any idea that is unique, viable and appealing in the contemporary day and age. Today, we are here to share a similar idea.

If you are an entrepreneurial soul on the lookout of a unique business idea that is both, affordable and profitable, you are at the right place. Stay tuned with us till the end and know all about it.

Print on demand business: An introduction

Print on demand, as the name suggests, is a business model where you earn by selling custom-designed products that you print on demand. You may be manufacturing the products yourself, or getting it from third party vendors.

In fact, you could also be catering to people who want to sell merchandize and apparel but do not have the means to design or print it. Evidently, the canvas and field-play area in this business is huge.

You can print a range of things like book covers, journals, notebooks, calendars, diaries, notebooks, coffee table books, t-shirts and other apparel, accessories, fridge magnets, nameplates, office stationery, towels, mugs, stickers, and what not!

Basically, anything and everything that people want their thoughts to be engraved on! It is a unique, profitable and popular idea that is still raw. Besides, it has a huge scope of creativity and a huge consumer base.

Example: Printify

To help you understand the concept better, we will elaborate it with a commercial example.

While there are many examples to choose from, we are discussing about just one today. Printify is a leading name in the print on demand business scenario that operates in many locations.

It also enables people to design their own products like t-shirts, mugs, hoodies, accessories, and more. It follows a dropshipping business model and uses a vendor network to source and print products from partners around the world.

Some other popular names include, Printful, SPOD, Lulu Xpress, T-Pop, and more. You can explore the market and get inspired by your competitors as well.

Suggested Read: Set up your own dropshipping business for mobile app users

Benefits of starting a print on demand business

Print on demand is a great start-up business idea because it has a huge scope of growth and is easy to navigate through. Keep reading and discover some of the outstanding benefits it has to offer:

#1: Easy to set-up and manage

Print on demand business is really effortless to set up. Once the legalities and other technical and logistical aspects have been addressed, you can proceed to set up a source of inventory.

Else, you can always outsource it and by it from wholesalers. The designing part can all be done using some software and there is not even much workforce required.

With a range of affordable services available in the market, you can also easily manage the printing and delivery part. Above all, it is really affordable and easy to manage and you can scale your resources as the business grows.  

#2: Lower overheads and expenses

As discussed above, the print on demand business requires a limited about of resources and workforce. This helps you reduce costs on investment and overheads, thereby making it an affordable and viable idea.

Besides, there is always some time window between the order and delivery process. You can always use that time to procure inventory and properties based on the volume of the demand.

This helps you reduce wastage and eliminates the need of hoarding products. However, you can scale your profit margins in an unlimited manner, based on your market demand and clientele.

#3: Faster TAT and output

With handy digital tools and superfast technology, it has become easier to create unique designs, patters, etc. This enables you to ensure a faster TAT (turnaround time).

Clearly, you can ensure faster delivery to your clients as compared to many other industries and niches (Not flowers and chocolates of course!). You can take individual or bulk orders as per your capability and caliber and deliver accordingly.

As the processing and delivery time is less, the profits pour in on time. You do not have to wait for ages to get the output.

#4: Wide consumer base

As a print on demand service provider, you can cater to a large number of audiences. This may include individuals, institutions, organizations, companies and even corporate giants.

Besides, people of all ages and references actually love personalized items. It has also been an evergreen gifting idea. Hence, the print on demand business has a lot of scope of growth.

You can develop a system where people submit their online demands and choose from a range of pre-designed or customized templates. This can enable you to address a wide range of demands.

#5: Easy branding add-on

As you are printing yourself, there is always a huge scope of branding. For instance, if you get an order of a thousand customized t-shirts, you can add one for free as a gift with your brand emblem.

Else, you can simply add a little personalized brand touch to every product you make. In the course, you also interact with a lot of brand owners, service providers, individuals, etc.

Hence, you can use this wide spectrum to propagate your brand name across different verticals. You can also scale your brand to growth as your business and consumer-base expands.

Cater to the mobile-friendly buyers with ease

As we all know, any online business today, is incomplete without a website and app. While you can use WordPress and WooCommerce to set up your eCommerce website, you can build the app with AppMySite.

The AI-powered free Android app maker is the ultimate app building solution for new age businesses. It enables you to take your business to app within minutes.

AppMySite enables you to build premium native Android and iOS apps without coding for free! So, what are you waiting for? Start your mobile-friendly start-up business now and reach infinite number of buyers!