Friday, January 17, 2020

What are the Most Popular Print on Demand Products?

Choosing the right designs for your things might be difficult. You can be picky at times and wanted something more. An opportunity that is taken advantage of entrepreneurs who gave way to the rise of Print on Demand. Customized products are now in the trend. The question is which products do we use POD to our advantage?

What are the most popular Print on Demand Products? 
The most popular product used for Print on Demand business owners is shirts. But aside from shirts, other products can be used and these will surely make good sales for the business. Other products good for POD are pillows, mugs, bags, phone cases, hoodies, stationery items, keychains, and accessories.

Print on Demand vs Regular Dropshipping
Both Print on Demand and Dropshipping are good business ideas and many are already doing this successfully.  To some, they find it easy to manage POD than dropshipping. Others think otherwise. Both businesses source products from suppliers.  

Most of the time, the suppliers are based in China.  The orders are automated and details are sent to suppliers for processing.  They will be the ones to ship the orders to customers. Let us further discuss how they are related and differ from one another. 

Shipping Cost
Since we are talking about products sourced overseas, we are looking into shipping costs. There is a difference in the cost of shipment, too.  In general, the cost of the shipping is measured by the dimensions and weight of the product. 

While it is true that shipping is handled by the supplier on these two business models.  Looking at it, if the shipping costs are greater than the product itself, then it will also affect the returns. 

Variations in Products
Imagination and creativity play a part in both business models. Print on Demand is used to several products that can be sold online. Earlier we mentioned the most popular products used for POD. The same goes for dropshipping. However, dropshipping allows you to sell almost anything without restrictions. You can access thousands of products available in the catalog of suppliers.  

On the contrary, while the print on demand has limitations in the designs and products to be sold, dropshipping also has its reservations because of the niche that will be on-trend in the market.  Don’t get me wrong, both models will require extensive research on winning products. 
Margin
Earlier, we mentioned how shipping affects the cost of the products and pricing. Comparing both models, Print on Demand generally spends more on the overhead costs. This includes labor, shipping, and materials. Hence, making more returns on drop shipping compared to POD.  

The good side is, POD normally produces regular clients we supply to. Unlike dropshipping, it is very rare that you get repeat customers buying the same products to order again after a single transaction. It is likely to cater to bigger business opportunities in POD as it caters to bulk orders unlike in dropshipping.  

Risk in the Business
Talking about risk in the business, since obviously with the explanations given earlier, we can say that Print on Demand requires more risk compared to regular dropshipping. First of all, it is easier to forecast the trend because you can see the trend of products by browsing through a retail website showing thousands of products.  

Also, the costs are higher because you most likely are to target bulk orders in order to maximize the margin of the products from the supplier. 

Whether you choose Print on Demand or Dropshipping as a business model. As an entrepreneur, it is important to weigh your options and choose a reliable partner that will help you bring success to reality.  Considering the market and competition, there are tools designed to increase your profitability and earn more money in return. 

For one, Multi-Drop is one of the reliable sourcing agents that promise to deliver all-in-on service to Shopify and eBay sellers to increase earnings by giving quality products, reliable shipping, and full software integration.  Soon, it will also cater to Print on Demand which is another way to earn money online. 

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