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Print on Demand for Beginners
Jul 23, 2024
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Print on Demand for Beginners
Introduction
Speaker:
Established millionaire businessman with 35+ years of experience
Goal:
Provide a step-by-step guide to starting print on demand (POD)
Promise:
Practical advice, no grand promises
What is Print on Demand?
Definition:
Pay for products only after customers order them
**Benefits: **
Risk-free way of starting a business
Low initial investment
Can be run from a laptop
Ideal for passive income
Market Stats:
Current market: ~$6 billion
Expected rise by 2031: $40 billion
Getting Started with POD
Five Things You Need:
Winning product
Great design
Place to sell
Great supplier
Paying customers
Choosing a Product Category
Focus:
Master one product category first
Avoid:
Seasonal items like cards/calendars; low-margin items like mugs, phone cases, stationery
Recommended:
Clothing, wall art
Example Stats:
Wall Art: $49.99 price point; $32.32 total cost; 25% profit margin
Picking a Niche
Attach to customer interests (e.g., humor, hobbies)
Trademark Check:
Avoid legal issues by checking trademarks
Avoid Originality Trap:
Copy elements that work (fonts, colors, quotes) rather than creating from scratch
Creating Designs
Methods:
Canva:
Free, easy-to-use tool
Buying Templates:
Can find designs using Google search by image
AI Tools (Mid Journey):
Costs $10/month but generates high-quality designs
Professional Designers:
Can be found on Upwork, Fiverr
Choosing a POD Website
Important Factors:
Quality:
Pick higher-quality suppliers to avoid long-term issues
Personal Recommendation:
Gelato for its global reach and quality
First Steps:
Upload designs and set up products (e.g., T-shirts)
Selling Platforms: Etsy vs Shopify
Etsy:
Advantages:
Largest audience
Easier organic reach
Free traffic
Disadvantages:
Higher competition, no customer email list
Shopify:
Advantages:
Customer data collection
Less direct competition
Disadvantages:
Requires more marketing effort
Beginner Strategy:
Start with Etsy:
Test market, gather data
Transition to Shopify:
Once products are validated
Hacks for Selling on Etsy
Attractive Mockups:
Use mockup tools on your POD site
Effective Keywords:
Copy high-performing keywords from similar products
Premium Branding:
Make your shop look professional and trustworthy
Running Paid Ads and Organic Marketing
Initial Focus:
Organic marketing through social media (short-form content)
Paid Ads:
Use after achieving some organic success
Common Mistakes and Misconceptions
Focus on Profit, Not Revenue:
Revenue figures can be misleading
Avoiding Competition:
Compete on value rather than price
Valuing Your Time:
Ensure your hourly earnings make sense
Final Thoughts
Market Saturation:
Not a real issue if you're willing to put in the work
Side Hustles Arenβt Dead:
Hard work and consistency are key
Next Steps:
Listing 1000 products on Etsy as a testing ground
Follow up video: Seven real stories of successful students with unique side hustles
Call to Action
Subscribe:
For more videos on growing your wealth
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