9 Tip BEFORE You Start Print on Demand - My Thoughts After $1,000,000+

Alek
26 May 202314:17

Summary

TLDRThis video script shares the journey of building a successful print-on-demand business from scratch to a multi-million dollar venture. The speaker offers nine key tips, emphasizing the importance of momentum, focusing on one product, limiting color options to avoid choice overload, choosing the right print provider, understanding storefront context, leveraging organic SEO and ads for traffic, utilizing PayPal credit for cashback, growing an email list for increased profit, and embracing AI tools to boost efficiency. The speaker also stresses the necessity of patience and learning the skills required for business success, likening it to earning a pay raise through hard work and dedication.

Takeaways

  • πŸš€ Start with Momentum: The importance of building momentum by taking action instead of just consuming information.
  • πŸ”‘ First Steps Matter: Sign up for necessary accounts to kickstart the business and avoid procrastination.
  • 🎨 Focus on One Product: Initially, concentrate on perfecting one product rather than spreading efforts across multiple products.
  • πŸ“ˆ Scale with Success: Once a product reaches a significant sales milestone, consider repurposing the design onto other products.
  • πŸ›‘ Avoid Choice Overload: Limit color options to prevent customer confusion and simplify inventory management.
  • 🏭 Choose the Right Print Provider: Select a provider that aligns with your business needs for quality, pricing, and reliability.
  • 🏷️ Understand Storefront Context: Tailor product listings to fit the platform's audience and expectations.
  • 🌐 Drive Traffic Strategically: Utilize both organic SEO and paid advertising to increase visibility and sales.
  • πŸ’³ Utilize Business Credit: A credit card like PayPal's can offer cashback benefits, aiding in business growth.
  • πŸ“§ Grow an Email List: Email marketing is crucial for increased profits and customer retention.
  • πŸ€– Embrace AI Technology: Leverage AI tools to boost productivity and efficiency in various aspects of the business.
  • πŸ”§ Learn and Earn: Acquiring new skills is essential; be prepared to learn before earning substantial income.

Q & A

  • What is the main topic discussed in the video script?

    -The main topic is the speaker's experience and tips for success in the print on demand business, going from zero to a multiple seven-figure business.

  • What was the speaker's initial challenge when starting out in the print on demand business?

    -The speaker's initial challenge was building and maintaining momentum, as they spent months watching videos and learning without actually growing their business.

  • Why is it suggested to sign up for all associated accounts early on in the business?

    -Signing up for all associated accounts early on helps to build momentum by taking the first steps towards starting the business, even though it's a small step.

  • What is the speaker's advice regarding the focus on product design in the early stages of the business?

    -The speaker advises to focus on one product and not to repurpose designs across multiple products until the business can generate about ten thousand dollars a month from one product.

  • Why is repurposing designs considered a waste of time in the early stages of the business?

    -Repurposing designs is considered a waste of time early on because the first designs may not be good enough to sell well across various products, and it's more effective to focus on one product to build sales momentum.

  • What is the significance of focusing on one product to reach a certain sales threshold?

    -Focusing on one product allows the entrepreneur to master selling that product and ensures that the designs are effective before expanding to other products.

  • What mistake did the speaker make regarding customer options in the early stages of their business?

    -The speaker offered too many color options for customers, which led to choice overload and confusion, making it difficult for customers to make a decision.

  • Why is it recommended to limit color options for products?

    -Limiting color options prevents choice overload, makes it easier for customers to decide, and ensures that print providers can maintain stock reliability.

  • What is the importance of choosing the right print provider for a print on demand business?

    -Choosing the right print provider is crucial as it affects product quality, production time, stock reliability, and overall customer satisfaction.

  • What is the speaker's advice on storefront context when listing products?

    -The speaker advises that product listings need to be relevant to the storefront they are posted on, as different platforms have different aesthetics and customer expectations.

  • Why is it suggested to focus on organic SEO or paid ads for traffic?

    -Focusing on organic SEO or paid ads helps to drive traffic to the product listings, which is essential for sales. The choice between the two depends on the budget and the number of designs available for different interest groups.

  • What is the benefit of opening a PayPal credit card for business purposes?

    -The PayPal credit card offers cash back on all spending, which can provide significant tax-free cashback, helping to increase business profits.

  • Why is growing an email list considered important for an online business?

    -Growing an email list is important as it can greatly increase profits and provide a significant return on investment, making the transition from platforms like eBay or Etsy to Shopify smoother.

  • What potential benefits does the speaker see in leveraging AI for business purposes?

    -The speaker sees AI as a tool that can potentially increase output and efficiency in various areas of the business, from design creation to other operational aspects.

  • What mindset did the speaker adopt to learn the skills needed for a successful business?

    -The speaker adopted a mindset of learning and working for free initially, similar to getting a job and working for a pay raise, by posting a large number of listings before critiquing their performance or worrying about earnings.

  • Why is implementation considered the key difference between success and failure in the business?

    -Implementation is key because the process of building a business is simple and low-risk, but it requires consistent action, patience, and the ability to handle the mundane tasks involved in growing a business.

Outlines

00:00

πŸš€ Building Momentum in Print on Demand Business

The speaker shares their journey from starting with no capital to achieving significant success in the print on demand industry. They highlight the importance of building momentum by taking action rather than just consuming information. The first step suggested is to sign up for necessary accounts to kickstart the business. The speaker also advises against spending too much time on repurposed designs early on and instead focuses on one product until a steady income is achieved. The example of a successful shop, 'otz shirts', is given to illustrate effective repurposing of designs. The summary emphasizes the need for action, focus, and learning from successful strategies.

05:01

πŸ›  Choosing the Right Print Provider and Storefront Strategy

This paragraph discusses the critical role of selecting a print provider in the print on demand business, emphasizing the differences in quality control, production time, and stock reliability among various providers. The speaker recommends Printify and suggests choosing a provider based on factors like production time and inventory management. They also touch on the importance of understanding storefront context, tailoring product listings to fit the platform's audience, and the strategies for driving traffic through organic SEO or paid ads. The speaker's experience with three holiday seasons is shared to provide insight into the process of scaling a business using a combination of organic growth and targeted advertising.

10:01

πŸ’³ Financial Strategies for Business Growth

The speaker introduces financial strategies that have contributed to their business growth, such as utilizing the PayPal credit card for cashback rewards and the importance of understanding credit management to avoid debt. They also stress the value of growing an email list for increased profits and a smoother transition from platform-based selling to an independent Shopify store. The use of AI in design creation and business operations is advocated as a means to enhance output and efficiency. The paragraph concludes with a reflection on the necessity of patience and perseverance in business, drawing a parallel to the process of earning a pay raise through learning and proving one's skills in a job.

Mindmap

Keywords

πŸ’‘Print on Demand

Print on Demand (POD) is a business model where products are only produced when a customer orders them, reducing the need for inventory and upfront costs. In the video, the speaker discusses their success in the POD business, which has allowed them to generate significant profits without the financial risks associated with traditional inventory-based businesses.

πŸ’‘Momentum

Momentum, in the context of the video, refers to the continuous forward movement or progress in building a business. The speaker emphasizes the importance of maintaining momentum to overcome initial challenges and questions that might hinder the growth of a business, suggesting that taking action and making progress is more beneficial than endless planning or learning.

πŸ’‘Multiple Six Figures

The term 'multiple six figures' denotes an income level ranging from $100,000 to $999,999. The speaker uses this phrase to describe the substantial profits they have made in their print on demand business, indicating a high level of financial success.

πŸ’‘Baby Steps

Baby steps are small, incremental actions that, when taken consistently, can lead to significant progress over time. The video mentions taking baby steps as a strategy for building momentum, such as signing up for necessary accounts, which individually may seem minor but collectively contribute to the growth of the business.

πŸ’‘Repurpose

Repurposing, in the context of the video, means using the same design or product in different ways or on different platforms to maximize its potential for sales. The speaker advises against early repurposing due to the potential waste of time and resources but highlights it as a successful strategy once a design has proven to be profitable.

πŸ’‘Choice Overload

Choice overload occurs when consumers are presented with so many options that they struggle to make a decision, potentially leading to no purchase at all. The video script warns against offering too many color options for products, as it can confuse customers and reduce sales.

πŸ’‘Print Provider

A print provider is a company that handles the printing and shipping of products in a print on demand business model. The speaker discusses the importance of choosing the right print provider for factors such as quality control, production time, and stock reliability, which are crucial for the success of the business.

πŸ’‘Storefront Context

Storefront context refers to the appropriate presentation of products that aligns with the platform or marketplace where they are being sold. The video emphasizes the need to tailor product listings to the specific context of the storefront, such as Etsy or eBay, to maximize sales and appeal to the target audience.

πŸ’‘SEO (Search Engine Optimization)

SEO is the process of improving the visibility of a website or a product listing in search engine results. The speaker mentions organic SEO as one of the methods to drive traffic to the product listings, which involves creating content and optimizing it to rank higher in search results.

πŸ’‘Email List

An email list is a collection of subscriber emails used for marketing purposes, such as sending updates, promotions, or newsletters. The video script highlights the importance of growing an email list for increasing profits and facilitating the transition from marketplace platforms like eBay or Etsy to a standalone Shopify store.

πŸ’‘AI (Artificial Intelligence)

AI in the video refers to the use of artificial intelligence tools to assist in various aspects of the business, such as design creation. The speaker sees AI as a valuable tool that can potentially increase output and efficiency, despite some controversy and debate over its use in the creative industry.

πŸ’‘Implementation

Implementation refers to the act of putting a plan or idea into effect. The video concludes by emphasizing that successful business growth is not about the idea itself but about the consistent and diligent implementation of that idea, comparing the process to learning and proving oneself in a job before receiving a pay raise.

Highlights

The speaker shares their journey from starting print on demand business with no capital to generating over a million dollars in profit.

Nine tips are provided to help others start their own online business and increase their chances of success.

Emphasis on building and maintaining momentum as a crucial step in the early stages of business growth.

The importance of overcoming initial questions and concerns by taking action and moving in the right direction is highlighted.

A strategy for starting with a business plan and focusing on one product to build momentum is suggested.

The speaker advises against repurposing designs in the early stages and instead recommends focusing on one product.

The success of a shop called 'otz shirts' is used as an example of effective repurposing of designs across different products.

Limiting color options to avoid customer choice overload and simplify the selling process is recommended.

The impact of choosing the right print provider on the success of a print on demand business is discussed.

The speaker shares their experience with different print providers and the importance of quality control and stock reliability.

Understanding storefront context and tailoring product listings to fit the platform is emphasized for better sales.

Different strategies for organic SEO and paid advertising are compared in terms of design requirements and budget.

The benefits of using the organic method to refine designs before investing in paid ads are explained.

The use of PayPal credit card for cashback and its potential benefits for business expenses is mentioned.

The importance of growing an email list for increased profit and easier transition to Shopify is discussed.

The potential of AI tools in enhancing business output and addressing controversial issues in the creative industry is explored.

A comparison between learning in a job and learning in business, emphasizing the need to work for free initially to gain skills.

The mindset of posting a large number of listings before critiquing or worrying about earnings is shared as a learning strategy.

The speaker addresses common frustrations and emphasizes the importance of implementation and persistence in business success.

Transcripts

play00:00

I started doing print on demand back

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when I was completely broke and over the

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past couple of years I've been able to

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do well over a million dollars and

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generate multiple six figures in profit

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my journey has not been easy but there's

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been a lot that I've learned along the

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way that might help you if you're

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looking to start your own online

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business today I'm giving you the nine

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tips that helped me go from literally

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zero to grow what's approaching a

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multiple seven figure business if you

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implement these tips early on I promise

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that you'll at least have a better

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chance of succeeding and getting what

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you want so without further Ado let's

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get into tip number one which is

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building and keeping momentum

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when I first started out I would spend

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months watching videos just like these

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feeling like I was making progress

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because I was learning when in reality

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those were months that I could have

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spent growing my business my problem

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wasn't that I didn't have enough time

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money or information it was that I

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didn't have any momentum momentum takes

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challenging things which are just

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basically things that you don't

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understand yet and makes them feel way

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easier before you even get started

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you'll have a thousand questions and

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concerns that'll hold you back but you

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have to start moving in the right

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direction before you can start answering

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those questions build out a business

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plan worry about a logo and all these

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tedious little things as silly as it

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sounds the easiest way to get started

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building momentum is to sign up for all

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of your accounts it'll take you less

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than an hour and you only have to do it

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once sign up for a new Gmail account and

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then use that email address to sign up

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for all of the associated accounts I've

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got this linked down below so you can

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follow each link super easily if you

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want otherwise you can just visit each

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website on your own it is a baby step

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but if you can take enough baby steps

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they'll eventually compound enough to

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build enough momentum to carry you to

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the things that will actually make you

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money now this is going to upset some

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people but especially early on it's a

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huge waste of time to be repurposing

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your designs now don't get me wrong this

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is a lucrative and good strategy but the

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first designs and products that you make

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aren't going to be good if you upload

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your very first designs to t-shirts

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hoodies sweatshirts and mugs you're

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probably just wasting time uploading

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your designs to all of those products

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and wasting money on all the listings

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you still should post your bad designs

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but instead you should pick one product

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and make that your entire Focus this is

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one thing that I actually did get right

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when I first started out I just picked

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one product and kept trying with it

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until I could get it to sell I would

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just go to the best sellers page on

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printify and focus on Strictly one of

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these products until you can get to the

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point where you're making about ten

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thousand dollars a month once you can

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hit ten thousand dollars a month it

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means that you have designs that can

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sell then you can take those designs and

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do what this shop called otz shirts has

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done this is a great example of

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repurposing done well I've talked about

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this shop before and he's done around

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2.8 million dollars from selling the

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apparel now the owner of this shop does

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something really clever

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he takes his best designs from his

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apparel shop and uploads them onto mugs

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in his second shop

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so what he's done is gone from 2.88

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million to 3.68 Million by repurposing

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the same designs onto mugs and this has

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worked super well because he has great

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designs so whether you're selling on

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eBay Etsy or Shopify start with one

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product make that your entire Focus

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until you can get it to about ten

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thousand dollars a month and then worry

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about repurposing those designs onto

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other products doing this made me

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successful a lot faster because I was

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able to master selling one product but

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one thing I definitely didn't do right

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was offering way too many options for

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the customer I get it it's tempting to

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want to sell all of the wonderful color

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options to sell to your customers the

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more color options the more sales you

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get right no instead of your customers

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excitement over all of the color options

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that you offer they'll just get Choice

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overload you want a customer to see the

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blue option and buy it posting four

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shades of blue will just confuse them

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and make it hard for them to pick their

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favorite so you have to decide for them

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they'll tell themselves that they'll

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just buy it later once they've made up

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their mind and they'll never come back

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and on top of giving your customers

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Choice overload the print providers that

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offer a ton of color options have a hard

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time keeping them all in stock and if

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it's out of stock and someone still

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orders it that order gets sent to

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another print facility if they have it

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in stock or you'll have to deal with the

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customer and ask them if they want a

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different color both of those situations

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are not optimal the easiest fix to this

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is simply to offer less than 12 colors

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if you offer more than 12 fewer people

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who see your listing are actually going

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to buy and the easiest way for you to

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pick what colors to sell is to first

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pick which print provider you want to

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use now from The Profit that you take

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home to your customer satisfaction

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choosing the right print provider will

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make or break your business now with

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print on demand you'll work with a

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company like printify who provides you

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with white label products like these

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you simply pick one of the products and

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upload some kind of design to it whether

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that be text an image or an AI design

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and then you'll list it for sale in your

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storefront with a nice mock-up on

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printify when you choose the product

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that you're selling you're presented

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with many different print provider

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options this is because printify doesn't

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print and ship any of the items instead

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they'll just connect you with one of

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these print providers who can now each

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of these print providers can offer

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different prices colors sizes and they

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operate differently from one another

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since each print provider is independent

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they are not created equal things like

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quality control average production time

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and stock reliability also play a huge

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role in your business on paper these two

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centers might look very similar the

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dream Junction just being a little bit

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more expensive the thing is come

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Christmas time and you'll be looking at

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poor stock reliability and production

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times of seven plus days with the dream

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Junction before the orders even ship out

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mobster digital maintains a one to three

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day production time year round and they

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keep great inventory for selling apparel

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I only use Monster Digital this also

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limits my size and color options making

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it easier for me to decide when I'm

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going to sell now I can tell you that

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because I've been through three holiday

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seasons already but if you're selling a

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different product or in a different

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region of the world then I'll leave some

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more recommendations down below or you

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could chat with a printify specialist by

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clicking on Snappy in the bottom left

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corner of a printify page and you can

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ask them which print provider is best

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for you if you're curious about other

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print-on-demand companies I've already

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done a quality and cost comparison video

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and for the reasons that I give in that

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video I only use printify now everything

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that I've mentioned up until this point

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doesn't matter at all if you don't

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understand storefront context the best

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way I can explain this is you don't go

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to LinkedIn to watch Tick Tock videos

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hopefully your product listings need to

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be relevant to the storefront that your

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posting them on and there's two ways

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that you can do this so I searched eBay

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and Etsy for the exact same thing and

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just by looking at these funny t-shirts

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you should be able to see a noticeable

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difference

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good Etsy shops have images that bring

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the designs to life and make each shirt

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look hand crafted and eBay Shoppers just

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don't care that much

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a good Etsy image kind of looks out of

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place on eBay and we'll talk about

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Shopify and private websites in a second

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all of the platforms work and there's no

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right or wrong way but delivering your

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designs in a way that fits the

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storefront will generate you the most

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amount of sales now the second factor is

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getting traffic you're either going to

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be doing organic SEO which includes

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making content if you're into that or by

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paying for traffic with ads this

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determines your budget and also changes

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how many designs you'll need to make for

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each interest to do well and organic you

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have to post a lot of designs per

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interest so 25 fishing shirts 25

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skydiving shirts and so on this is the

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cheapest way I cover an easy way to do

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this in my design tutorial you could

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post a thousand designs to eBay or Etsy

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for two hundred dollars and that allows

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you to Target 40 different interest

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groups with 25 designs each doing that

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also makes you way better at designing

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if you're paying for ads you don't want

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to have as many designs per interest

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group because then you're just paying to

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promote your good and bad listings

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instead of just letting organic search

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filter them out for you you'll want to

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know which designs are good before you

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start paying for ads and to do that you

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can either buy designs or you can use

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the organic method and then just run ads

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to the products that start selling and

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not all the other products the organic

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strategy allows you to get better at

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making designs without losing money on

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running ads it's slower and I know most

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of you won't want to do it but it works

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as you start posting those first

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thousand products some of them will

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start to sell and you'll start making

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back the money that you're spending

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posting the products now where this

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really gets unlocked is some of your

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designs will start selling regularly

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when that happens you can take those

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best-selling designs and use them to

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start a Shopify store you already have

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designs that sell and you know who your

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previous customers are for those

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products and you can run ads to a

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Shopify store with those winning

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products and you may or may not be able

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to use your previous customer data to

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run targeted ads to people with similar

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interests hopefully you can see how this

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is the cheapest and safest way to scale

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your business

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now tip number seven is just to open a

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PayPal credit card before Dave Ramsey

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puts me on his Blacklist I do not

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recommend opening up a credit card until

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you understand how badly credit card

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debt can screw you if you're not careful

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you'll end up paying like 20 more on

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everything that you buy a 100 purchase

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becomes a hundred and twenty dollars

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worth of debt very quickly but if you're

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a careful and competent individual I'd

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highly recommend the PayPal credit card

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you can use it with printify and it

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gives you three percent back on all the

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money that you spend so when I spend

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about half a million this year I'll get

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about fifteen thousand dollars of

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tax-free cashback that I can use on

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whatever I want I've used the AmEx and

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the sapphire cards and the business

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cards and this one is so much better

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it's just straight cash back and you

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actually get more rewards by using it

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now number seven is something that I

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wish I could have started sooner because

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I easily could be making an extra five

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to ten thousand dollars a month and

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that's just by growing an email list

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it not only increases your profit but it

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also makes that jump from eBay or Etsy

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to Shopify a lot easier when I was first

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starting out I wasn't entirely sure that

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I was going to be able to make it so I

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didn't have that long-term thinking now

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I saw this article covering return on

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investment for email marketing and top

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performers in retail in e-commerce can

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make forty five dollars per dollar spent

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that's a four thousand five hundred

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percent return for collecting an email

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address obviously this is probably a

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high-end return but still I recently

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started doing this and Allura makes it

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super easy to do so hopefully I'll be

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able to have a discount code down below

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this video number eight is something

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that I wasn't able to do when I got

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started because it wasn't an option but

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you're leaving time and money on the

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table if you're not leveraging AI

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I see people saying AI steals from

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artists people saying that it's just you

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being lazy but regardless there's AI

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tools coming out for everything that you

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can think of not just making designs

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plus there's AI coming out to fix all

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the controversial issues like Adobe

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Firefox where creators can choose if

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their art is used by the AI or not even

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from what I've been able to do with my

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existing business outside of creating

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designs and the things that we talk

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about on this channel there's potential

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to 10x your output in all kinds of areas

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if you look for it tip number nine is

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the one that nobody wants to hear which

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is why I've saved it for last to

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hopefully Salvage this video's

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performance I gotta get that ad Revenue

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you know

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I saw this comment on a video yesterday

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and he said that he's coming up on two

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months with 40 items posted 250 views no

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sales and what a waste of time this was

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and that comment actually reminded me of

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myself back when I was working my first

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job at Noodles and Company it was a

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minimum wage job I was making seven

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dollars an hour and I vividly remember

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getting my first paycheck deposited into

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my account and just thinking I need to

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make more money the thing that I didn't

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realize about getting a pay raise was

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you had to learn the entire new position

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learn all of the skills associated with

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that position and work a couple months

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in that position before you ever even

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got the pay raise now I went through

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this process anyway because I didn't

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have another option and what ended up

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happening I ended up getting the pay

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raise now I'm really grateful that it

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was structured that way besides

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initially getting hired I was only paid

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for the skills that I had business is

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the exact exact same way because you'll

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only get paid for the skills that you

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already have starting a business is like

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getting a job except you have to show up

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learn all of the skills and work for

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free before you ever even get hired and

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a lot of people don't want to do that I

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was able to take that same lesson I

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learned at Noodles and look at what

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successful shops were already doing I

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saw that they had huge amounts of

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listings in their stores so I decided

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that I would post 4 000 listings to my

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shop before I would even critique myself

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or worry about how much money I was

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making this mindset allowed me to learn

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the fundamental skills that I needed to

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work the position before I made the

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money once I learned everything the

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money started coming when I get comments

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about click bait or people saying that

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it doesn't work the process is extremely

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simple it's cheap and low risk it takes

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way longer than you think it will and

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most importantly it's extremely boring

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to do the implementation is the only

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difference between us the process will

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work if you do

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[Music]

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foreign

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[Music]

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