24. Print On-Demand (POD) Online Business.
POD stands for Print on-demand and is perhaps the easiest way to make money online.
The average time it takes to start a business like this is 3 to 5 days. The principle behind this is really simple:
1. You sell unique tshirts that will be created after your customer places an order.
2. You will then take the money from your customer and pay for the order.
3. Your supplier sends the tshirt to your customer.
You get the profit and you don’t even need to invest in stock or maintain a warehouse, it can’t possibly get easier than this.
You can start selling tshirts, hoodies, tote bags and more in absolutely no time. But bear in mind that people buy tshirts based on what’s on them. This is also the hardest part of starting a POD business, as a lot of entrepreneurs are not designers, they are businessmen.
If you want to start right now but don’t have that cool design, you can check our Graphic Design Services page. World renowned designers are waiting for your next big project, and the prices are really fair, starting at only $50.
Or perhaps you already have some incredible designs that you want to print on something. In that case, you can go to our Shop and see for yourself how many different products you can start selling right now.
Print on demand (POD) has become quite a popular term in the modern age. That’s because whether you’re an artist, designer, entrepreneur or just a person bursting with creativity, POD can be a perfect canvas for monetizing your creativity.
Print on demand is a way how you can sell your products online without actually having an inventory. Sounds odd right? This is a process where you work with your supplier regarding the production and delivery. In most of the cases, the suppliers are online market places who have created a platform for POD business.
If you follow the traditional route of selling products, you might end up with lots of unsold products, inventory cost and many other hassles. However, in case of POD, you don’t necessarily pay for the product until you have sold it. So, there goes your inventory cost out of the equation.
So how does the POD business work? It is quite simple, you make a design. It can be for t-shirts, mugs or any other merchandise. Then you upload your design in a marketplace. Do necessary marketing to give exposure to your designs and if any customer likes your designs, they’ll click on buy and that’s pretty much all your work. The rest of the work will be done by your supplier. From production to packaging to delivery, everything will be covered by the respective marketplace.
The POD business is done as a per-order basis, so there is no production until the customer has actually placed an order. Till now, we’ve only covered the gist of the whole POD process, there is actually a lot that happens once you start making your designs and try to sell them. From creating designs to owning a store in a marketplace, a lot actually goes down, so even though there is inventory or production cost, there are still some very important steps that need to be done carefully.
Choosing a business is totally a personal decision. You may find a lot of other possibilities, but coming up with some small business ideas that yield higher profits is little tricky. So, choose your passion from the above list and turn your dream into reality.