Today, we going to be talking about two different businesses: Dropshipping, Print-on-Demand. But a lot of people confuse them. What's Dropshipping and Print-on-Demand? and what are the sides of the contrast?
1. What is the Difference Between Them?
Print on Demand (POD)
POD is clear of its name, this model allows you to create products (like t-shirts, hoodies, books, and more items) only after your customers' requests.
There are a lot of Print on Demand platforms like Redbubble, Spreadshirt, Zazzle, TeePublic, and more.
The great for this business is that they will set up your store and you don't need to customize it. Just create creative designs and upload them to your store for free!
Dropshipping
Dropshipping is a simple process that required you to set up your own store and let the rest for suppliers who take care of your orders and shipping directly to your customers.
The better thing about Dropshipping is that you don't need to have stock for products. when you get orders from customers, then the suppliers will send the products to these customers.
Some of the Dropshipping suppliers are Printify, Printful, Printaura, gooten, Customcat, Teelaunch, and so on.
Also, there are such as Oberlo and Aliexpress, but in these companies, you can sell the finished products through your website and you will get a commission per sale.
2. How does the Process work for each of them?
Print on Demand (POD)
✔ You can select the print on demand platform you want, simply upload your custom designs and choose the products you want to add to your own store for free.
✔ Creative artwork on your design can attract customers to your store. If they like your work, they will buy from you.
✔ You just create designs and the rest of the work including printing, packing, shipping. And the company itself cares about all these.
✔ After you generate sales, you will get a profit margin that depends on each platform and its rules.
Dropshipping
✔ Most sellers, set up their shop on popular e-commerce platforms like Shopify and Woocommerce, which have a lot of visitors daily.
✔ Choose your favorite dropshipping company, which takes care of all.
✔ Once a buyer places an order in your store, you will contact the company to ship directly their products. 🚚
3. What Do You Need to Start Selling?
Print on Demand (POD)
✔ You need simply your email to sign up on a "print on demand" platform also your design. It's super easy!
✔ Once you upload the first design you can customize your store with simple steps like avatar, cover image, and information about yourself.
✔ With one design you can put it on a lot of products like t-shirt, hats, sweatshirts, stickers, mugs, phone cases, greeting cards, postcards, notebooks, and more than thousands.
✔ Once you get sales you will need to set up your payout, how you will get paid your earning, simply via your Paypal, Payoneer, or bank account if available for you.
Dropshipping
✔ You need a domain name for your store. There a lot of domain providers (like Namecheap, GoDaddy, etc), you can buy one from them.
✔ Once you get the domain name next step to open your store super easy whether on Shopify or WordPress website with the WooCommerce plugin. These two platforms have great customizable templates for your website.
✔ After choosing your dropshipping partner, then you can upload your artworks and select the products that you want to see on your shop to sell. once you get sales your partner takes care of the printing, shipping to your customers.
4. How Much Money Can I Earn from them?
Print on Demand (POD)
✔ In print on demand business after getting sales you will get profit margin fix or varies, depends on each platform.
✔ Examples of platforms with a customizable profit margin:
Threadless, Zazzle, Teespring, Redbubble.
✔ And examples of platforms with a fixed profit margin:
Merch by Amazon, TeePublic, Society6, Design By Humans, Teefury.
✔ At first, the fixed profit margin appears to be quite low, but when you get more sales, you won't even bother with that margin because you are making more money!
Dropshipping
✔ For dropshipping, almost all platforms allow you to determine the profit margin you want.
✔ You can set up your design's price manually as you want. But make sure you determine a serious price, not high because it can be expensive for many customers. Also not low, because there are expenses you will have to pay, including domain name, periodically app subscriptions, plugins, and so on.
✔ You should do some research, ask on dropshipping forums, analyze, and choose your relevant price for your products in your store.
✅ Advantages
Print on Demand
☑ Easy setup with no experience in web development.
☑ You can start without any costs.
☑ You will not need to have stock for your products.
☑ Many platforms have a lot of engagement that can help you if you have creative designs that customers can see on their homepage.
☑ You can open a lot of shops on many print-on-demand platforms. Just create a design and simply upload it to them
☑ Opening multiple stores and more designs that can be useful in expanding your business easily
☑ You can create your brand with no money or risk.
☑ Different markets are a great way to increase your access to the global market.
Dropshipping
☑ It has a great and satisfactory profit margin.
☑ Also in dropshipping, you don't need any stock for products.
☑ Possibilities to fully customize your store's website.
☑ There are many features that can help you in marketing your store including product reviews, promotional codes, analytics capture, and so on.
☑ You have also the benefit to sell other products in your own store.
☑ You can access the global market.
☑ You can decide where to manufacture and ship your products.
❎Disadvantages
Print on Demand
☑ The profit margin in the beginning quite low.
☑ Easy use is also a disadvantage because a lot of people can enter this business, which means there are many designs out there.
☑ late payments, you will be paid only once each month, of course after you get sales.
☑ There are no enough possibilities to track your customers.
Dropshipping
☑ You need some costs to pay periodically including domain name, hosting, plugins, apps, the platform itself, and so on.
☑ You need to have money in your bank account to track orders to be able to order from the supplier who will take care of the shipping of products to your customers.
☑ Expensive for newbies to start with this business.
We hope you enjoyed reading our article! 😊
Finally, if your beginner and you want to start in the Print On Demand business, check our article below to know what is print on demand and how it works.✌
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