In eCommerce, Print-on-Demand (POD) is a business model in which products are acquired, produced, and shipped only when your customers have placed an order. The whole print-on-demand selling process includes three main steps:
- Create a print on demand store, design, and set up items.
- Printing of the item via a third-party manufacturer.
- Shipping the final product to your customers.
Print on Demand Dropship allows you to start a business with no investment needed and also almost no risk involved by printing only a small quantity of custom merchandise with no inventory and sending them directly to your customers. This means your customers will make a purchase from your business and the order goes directly to the manufacturer, which totally eliminates the need for order fulfillment and space for inventory.
PRINT ON DEMAND DROPSHIP BENEFITS
- No inventory is needed
Buying items in bulk and stocking them for an unguaranteed future sale involves many potential risks and the biggest one of which is probably losses. However, it is undeniable that inventory was needed to sell goods. We use ‘was’, because for Print on Demand Dropship, there is no inventory needed, which also means that there is no risk losing any money.
- Online store
A digital store could guarantee business owners to expand their customer base global. Thanks to online dropship platforms like Shopbase, Woocommerce, eBay, Amazon, Etsy, etc., you could sell merchandise featuring your designs anywhere and everywhere, anytime on your own POD dropship store or sell on marketplace. Also, since the need for warehouse rent and printing facilities was eliminated, you could invest that money on something else such as marketing.
- No potential losses
Another huge benefit of a POD business is the items are only manufactured when the customers have actually made a purchase; therefore, this saves business owners from potential losses when being compared to other traditional business types. Also, this allows them to be freely creative with the product designs as the risks and costs of warehousing are now completely eliminated.