Use print-on-demand to expand your side hustle
Looking to explore other revenue streams to make your side hustle more profitable? Print-on-demand is one the best ways (and it’s super low risk) to elevate your side hustle and increase passive income.
Let’s break down the benefits of print-on-demand for people with side hustles.
Quick & simple set-up
Print-on-demand businesses are easy to set up. Check out this blog to read the 5 easy steps to create a print-on-demand business.
With print-on-demand, you can set up an online store with a low investment, making it low risk.
Traditional businesses require a large upfront investment which makes starting a typical business high risk. Your upfront investments include e-commerce platform costs (usually between CAD$20-30 per month) and product sample costs (Slaite sample products are as low as CAD$12.55).
If you’re outsourcing your designs, that can also add to your investment but compared to traditional business investments, your upfront investment is thousands of dollars less.
And, with a free to use service (ahem, Slaite), no minimum orders, no inventory costs and no warehousing fees, you save even more money than a typical retail business.
Full creative control
With print-on-demand, you can design your custom products with your own creative artwork.
Hot tip: A print-on-demand drop-shipping business varies from a typical drop-shipping business because with print-on-demand, you have much more control over your product customization. With drop-shipping alone, you are usually limited by the products already available by the supplier.
Print-on-demand providers are typically experts in custom printing (Slaite has over 20 years experience) and can replicate your beautiful designs into a final product.
Not only are we experts but our technology helps save you money. Using Direct to Film printing decoration keeps costs down when compared to screen printing decoration.
If being eco-conscious is something that’s important to you, print-on-demand drop-shipping will certainly align with your goals. Instead of ordering bulk inventory that may never be used, print-on-demand produces orders on-demand so there are no wasted textiles.
Room to grow
With print-on-demand drop-shipping, you can scale way up because you rely on outsourcing production and shipping to experts and their equipment.
Typical businesses have to be careful about growing too fast and not be able to keep up with demand. With a print-on-demand side hustle, you are less restricted to exponentially grow your business.
If you’re hosting your store on an e-commerce platform like Shopify, your store is basically open 24 hours a day, 7 days a week. Orders can be placed and processed immediately.
Shopify even has automated emails that are sent on your behalf during each phase of the customer’s journey. So all you have to do is create your store and the rest is virtually on autopilot.