Print On Demand In 2024? Beginners MUST Watch This!

print on demand is becoming one of the most popular and best ways to make money online and now in 2024 there are things that you need to be doing that are crucial for the success of your print on demand shop and so in this video today I'm going to give you a bunch of different things that I wish I knew and that I feel you should know as a beginner who's brand new and starting out in print on demand if you're new to my channel hi I'm MAC I post videos talking about e-commerce passive income different ways to make money on online all things Etsy and of course print on demand and so that's what we're talking about in today's video and if you're not already subscribed to the channel I would love to have you as a part of our community here on YouTube so don't forget to subscribe follow me on my socials for lots of different types of updates and let's get right into it so I'm going to be very blunt and honest in this video and I'm going to tell you exactly how I feel about certain things so hopefully that's okay with you but I've been doing print on demand for almost four years now just shy of four years and I've I've learned a lot and there's things that I wish like somebody could have just shooken me and told me and things change with these types of business models every year so my first one is probably the most basic but it's true not expect instant Success Print on demand is not a get-rich quick scheme you need to go into it with that mindset and know that this can be a long-term business model that's an asset for you and that can completely change your life but it's going to take time so very first and honestly most important thing I feel I have to say if you are new and you are getting started in print on demand now obviously if you're starting out with a lot of capital and maybe experience in e-commerce before or selling online before you might have more of a chance of having success early on if you have money for ads if you already understand your Niche your target audience or if you have help so things to keep in mind here now I'm somebody that had success what is considered very quickly in the space back in 2020 6 months I was absolutely killing it so it's possible in a span of time but I don't want you to think that investing your time in a print on demand is going to be an instant return especially if you're doing it on the side or if you have to like learn everything on your own so please keep that in mind go into it with the idea of what this business model can be verse the instant gratification right that mindset right there is what will pull you and make you a successful print on demand seller versus someone that just gives up so next thing I want to talk about is starting on e-commerce marketplace now this is a little bit controversial depending on who you ask in the printre community and where their success has come from but personally if I am a beginner and I'm starting out again I'm going to do exactly what I did and I'm going to start out on an e-commerce Marketplace so an e-commerce Marketplace is essentially a place where there's multiple products so think of Amazon Etsy that's a marketplace right it's somewhere that you can go and type something in and search through a marketplace now if you're using something like Shopify and you're creating a online store on Shopify that is a website host so Shopify Wix all these different sites that you can set up your store through that's a website host so Shopify is your own website with your own domain for selling on an e-commerce Marketplace like Etsy and opening up an Etsy Shop which is within Etsy right when you're starting out something like Etsy it's going to be very beginner friendly and it's going to be forgiving so you're going to have a little bit of help when it comes to customer service when it comes to order fulfillment the walking through setting up your store your tax stuffff like there's more of help when it comes to selling on a Marketplace like Etsy but the number one thing is that when you're selling on a Marketplace the more money you make the more money the marketplace makes so they're going to organically push your listings there's already people buyers coming to that marketplace with an intent to make a purchase so it's less marketing vers selling on your own e-commerce store so on your Shopify store you're going to be responsible for all of that traffic coming in you're not posting it somewhere where there's already active buyers that's something to keep in mind and what I feel is so valuable to know about selling on a Marketplace but do that information what you will I know there is like a lot of mixed things on that but me personally I was able to scale Etsy store in 6 months and I would do it all over again have done it all over again so it's like something that I feel you should do as a beginner but if you already have an audience let's say like maybe you are um an influencer or a content creator and you already have an audience or a brand that you want to bring online that's a little bit different because you have an email list you have people can Target and it'll make the marketing easier but if you're just starting out and you don't have that I I definitely would start on a Marketplace next thing is understanding your profit margins and how the money side works so this is a huge thing that when I first started I did not understand and I think it's so important and I know a lot of spellers when they get started have the same issue that I ran into and it's something that I talked about in my course and in my guide because it's so valuable to understand how you're paying the print provider how you're getting paid how you're making money and that there's a profit margin involved profit versus Revenue so if you've never sold anything before you're not going to know this but your revenue is how much money that your item is making but your profit is how much that you are actually taking after paying your print provider paying your Etsy fees or your Shopify fees and your shipping so if you're selling a product for $40 but that product cost is 20 you're only profiting the $20 and what I really want to mention right now is how the print on demand payment process works because a lot of people don't realize that you have to pay the print provider before you get paid so you can set it up to pay you every day but if you want to fulfill your orders quickly and efficiently you're going to have to upfront that money to a print provider before you get paid so that involves a credit card or loading money onto a your printf or printful wallet so you're going to have to have some money that is going into this business model not a lot of people talk about this because yes you can get started with a print on demand business for extremely low cost and you can set up a printify account for free you can set up an Etsy account for free with your free listings link but when it comes to getting your first order you know you are going to have to upfront that money unless you want to make the customer wait a little bit longer it is up to you like you can let's say you set up your Etsy account to pay you every day and your order comes in on a Monday you receive that money on a Tuesday and then you put the order in on Wednesday that's fine if you if you want to do it that way but that's something to keep in mind and I've always run it with credit cards and having a card that is specifically for that Etsy shop so like I know where the money is going and then I can pay it off immediately at the end of two weeks or however much time and then I can really gauge on my profit a lot of these print on demand suppliers have profit margin calculators so that's really important to keep in mind when you're doing your pricing and if you have more questions about this I recommend going to your actual print providers site that you're going to use and watching their tutorials and reading about it cuz it could work work differently you are going to have to use a credit card or load money or pay per the order as it gets in but something that I really want to mention about that is I don't want you to get nervous about that if you don't have a credit card you don't need one it's like when you're first starting out you don't you you will eventually but like when you're first starting out I don't want to scare anyone I'm just being real you will have to like load a little bit of money so regardless if you want to wait for that money to come in then load the money and pay the order totally up to you something else though that's good is you're not paying anything until you get an order so no orders like no sales means no money spent if you list 10 different products on Etsy and you don't get any sales you're not paying the print provider you only have to pay them per order so it's not something that like you're just like losing money out of right that's the beauty of this business model is there's no inventory now leading off of that I want to talk about expanding your product line so if you're selling on Etsy or your website you can offer multiple different types of products and some sometimes people get confused about this because they assume that like they have to have a one product store but if you have a niche specific store so let's say you create a store all around dog moms you can have multiple different types of products with designs that are for dog moms right so you can have slippers you can have blankets you can have T-shirts sweatshirts you can have digital products you can have a dog mom planner or you know what I mean like you can incorporate a tons of different types of products on your store and I highly recommend that you do so the next thing is making sure that we are doing are researching and that we are optimizing our listings and products it is so important to understand who you are selling to this is one of my favorite things to say if youve followed my channel for a while or on social media you've probably heard me say this I also talked a lot about this in my printify um Amplified panel so if you want to see that I'll link that too but knowing who you're selling to is so important it is what is going to bring you from here to here in your Niche once you understand your buyer you understand what types of colors they like what kind of vibe they like what kind of products they want to buy and overall you are saving yourself time and money your time's everything so if you spend all this time just like throwing random designs and products up on your store and none of it sells you just wasted a bunch of time but if you would put more time into researching you would have less products and more sales because those products you did the research to know somebody wants to buy it so it's really really valuable to do that and take the time to do that I know it's not fun I personally love to just get right into designing and throwing my designs on different products but like trust me do the research and that leads to optimization which is huge having optimized listings on Etsy again going to bring you from here to like way up here if your listings are optimized with correct SEO keywords tags and titles your photos your mockups are looking beautiful you have a nice curated easyto read description your price is right cuz you did your price research you know how the shipping time works with your products if you have a beautifully curated and optimized listing you are going to get way ahead of other sellers that just simply don't and again it's more time that you're going to have to take to create that but it is worth it the payoff is worth it now I know I did mention some ways that you can optimize a listing so let me just give you some insight on that if you want better mockup photos I highly recommend using placeit.net I have been using them for years literally 10 out of 10 is an AI type of mockup generator you put your design on and it does it immediately and you can download and I will have a link for you below and that is a monthly or yearly price for unlimited downloads so you can download as many as you want and it's really really great and for keywords in your tags and titles and for profit margins you can use the other site that I absolutely love which is everb they are a Chrome extension that's going to sync with Etsy and they're going to show you all the firework that you need to check out your competitor's listings to see how much they're making how many sales they're getting what types of keywords they're using in their tags and titles you can see what is trending you can see how many people have searched for the terms that you're going to put in so checking that competition in your SEO which is huge and you can use the profit calculator as well so that will be linked for you of course and those are just two of my favorite tools that really do help me to optimize my listings the last one that I want to talk to you about today is designing designing is what's going to make or break your print on demand store you could have the most beautifully curated listings mockup photos SEO Research store right but if your design suck nobody's going to buy them who wants to buy that right something about print on demand that's so interesting is we don't really have a reason for our customers to buy something you compare it to something like Drop Shipping right Drop Shipping a lot of the times the most successful products they're solving a problem and where print on demand falls into that is a lot of the products are not solving a problem they're curated towards people and we don't really have a reason to buy them but but we want to interest people with our designs to buy them and so that is why designs are so crucial and it's something that if I'm being completely honest with you if you're not a great designer I recommend two things I recommend buying pre-made plr designs that you have the rights to use that are curated for your Niche or hiring a designer or using AI I love using KD AI I have some tutorials about that which I'll link for you now also like I mentioned hiring a designer yes we do want to keep our costs low when we're first starting out print on Demand right but this could actually pay off in the end you can use websites like Fiverr or upwork and you can hire designers that will create your vision they'll make it come to life and obviously you'll have to pay them but depending on your price range there are lots of different options on these sites to find the perfect designer for you and lastly if you are someone that wants to purchase plr pre-made designs you can use a website like creative fabria which I talk about a lot on my channel and I'll have them linked L below with a link for 10 free downloads so that's 10 designs that you can download right now that are already created for you and um use them for free also if you do want to teach yourself designing when you're getting started focus on text based designs or personalized designs overall I just want to be honest with you that designing is so huge so really be honest with yourself too if you're first starting out all right so those are my tips for print on demand 2024 no BS just me being honest um with you so let me know what you thought of this video let me know if it was helpful to you in any way if there's anything that you suggest if you're maybe a little bit more advanced in print on demand and you watch this what could you share with other online sellers I am working on a paid community that is going to be like a mentorship community so if you're interested in that please let me know in the comment section I really would like to launch it within the next month and it's going to be like I'm going to be in there answering all the questions and then we're also going to have the opportunity to like chat with one another and really have a community something that I've been wanting to do for a long time time but honestly I've been a little nervous to do it because I get so many questions all the time and it gets overwhelming so having like one place to do that I think would be really really cool I would be able to get to know so many of you guys so please let me know if that's something that would interest you I hope this video was helpful to you and I will see you in the next one

Channel: Money With Mak

Views: 48,021

Keywords: print on demand business, print on demand 2024 course, print on demand 2024 etsy, how to make money online 2024, how to make money online, online business, online business ideas, online business without investment, online business ideas 2024, beginner online business, beginner online business ideas, beginner friendly business model, beginner print on demand, get rich online 2024, get rich online business, get money online, get money online fast and easy

Id: hitQk0CBl40

Length: 14min 16sec (856 seconds)

Published: Sat Feb 17 2024