Though it has been growing in popularity over the last several years, the ability to generate passive income via a side business or side gig exploded during the pandemic. As more people found themselves facing both job and financial insecurity, the shift towards entrepreneurism and the appeal of generating additional streams of income served as the tipping point for many.
Despite its name lending itself to thoughts of easy money, generating passive income requires both hard work and a little savvy. Especially in today’s competitive e-commerce climate where generating website traffic, optimizing your website, and delivering the highest quality products and reliable delivery is paramount. The payoffs can be huge though! When done properly, e-commerce businesses that generate passive streams of income generally have lower costs of entry, higher profit margins, and are easier to scale than traditional brick and mortar retail businesses.
Print on-demand businesses offer an incredible opportunity to generate passive income stream as they lessen the upfront investment and risk by enabling you to launch and conduct your e-commerce business without having to pay for or carry inventory!
If you are an artist, writer, creator, designer, or entrepreneur, an on-demand print e-commerce business is a great way to monetize your creativity and generate income without incurring a lot of cost. While there is an upfront time investment in terms of establishing (or growing) your e-commerce website and engaging in online campaigns (social, organic SEO, and the like) to drive traffic to your website, the financial investment is quite low as you can partner with a third party, on-demand printer. The print partner then prints your orders, on-demand, alleviating the need to carry inventory, and ships your printed product direct to your customers, via white label shipping, alleviating the cost and headaches associated with shipping and customer service. It’s a win-win!
With on-demand print businesses, you only pay for products after you sell them and your third-party printer prints and ships direct, so there’s no need for you to forecast sales, buy in bulk, or carry inventory. Print on-demand e-commerce stores are effective in generating passive income because:
If you’re interested in launching an e-commerce store to generate passive income, StickersAndPosters.com is the perfect partner! We specialize in the on-demand printing of custom stickers, posters, and gift wrapping paper and our cutting-edge technology seamlessly integrates with e-Commerce platforms and websites, allowing end customers to order directly from your site. Once the order is placed, we take over with on-demand printing and white label drop-shipping. No minimum orders for your customers, no inventory for you, and no limits to creativity!
Contact us to learn more and get started, today!