Print on demand is proving to be a popular option too. Graphic designers are turning to the business model to sell their designs on clothing and other products to monetize their art better. With their unique designs, they can create a consistent and established brand for their business.
Print on demand is similar to dropshipping in the sense that you don’t need to carry inventory or ship out products to customers yourself. There are two slight differences, though. First, you can add branded labels on packages. Second, shipping costs are excessive, making it difficult to create a sustainable business unless you charge higher prices or sell higher quantities.
The best way to make money with your print on demand business? Free marketing channels. Your best bet would be to promote your products for free on Instagram, Pinterest, or with Instagram influencers who convert their audiences well.
You can get a complete overview of print of demand vs dropshipping by watching us get into a healthy debate with Wholesale Ted about the pros and cons of each business model.