What Print on Demand Gurus Don't Tell You - PART 2

Shimmy Morris
22 Jul 202410:50

Summary

TLDRThis video script debunks common misconceptions about print on demand (POD) businesses, emphasizing their potential beyond mere side hustles. It challenges the idea of an earning cap, clarifies the difference between sales and finding a 'winner' design, and argues against the oversaturation of t-shirts. The speaker advocates for transparency in sales struggles, the importance of design quality over design creation, and the gradual approach to ad spending. The ultimate goal highlighted is organic marketing for sustainable growth and high profit margins, offering a realistic yet optimistic view of the POD industry.

Takeaways

  • πŸ“ˆ Print on demand is a legitimate business with no earning cap, contrary to common misconceptions.
  • πŸ’° The speaker's business operates at a 30% profit margin, which can fluctuate based on various factors.
  • πŸ” Success in print on demand is not about hitting a monthly earning limit but finding and scaling 'winner' designs that consistently sell well.
  • 🚫 Focusing solely on platforms like Redbubble or TeePublic might limit growth, as they may not offer the full potential of the print on demand market.
  • πŸ€” The distinction between getting sales and finding a 'winner' is important; a design needs consistent high sales to be considered a winner.
  • πŸ‘• T-shirts are not oversaturated; there is still a large market for them, despite what some influencers may claim.
  • πŸ“‰ Even successful businesses have bad days and months; it's part of the normal business cycle and not a sign of failure.
  • 🎨 Good design is crucial for success in print on demand, but being a designer is not necessary; understanding design quality is more important.
  • πŸ›οΈ Utilizing resources like Creative Market and Creative Fabrica can help find high-quality designs without needing to create them from scratch.
  • πŸ’‘ Data should drive decisions in print on demand; if a design doesn't perform well despite being liked, it might not be a good fit for the market.
  • πŸš€ Organic marketing is the ultimate goal for print on demand, as it can lead to a large customer base and significant profit without reliance on paid ads.

Q & A

  • How long has the speaker been involved in print on demand business?

    -The speaker has been involved in the print on demand business for 11 years.

  • What is the speaker's perspective on the earning potential of print on demand business?

    -The speaker believes that print on demand is not just a side hustle and has no earning cap, contrary to common misconceptions.

  • What was the speaker's profit margin in the previous month?

    -In the previous month, the speaker's profit margin was just over 10%, which was lower than their usual 30% due to some bumps.

  • What is the average salary in the US, and how does it compare to the speaker's earnings in print on demand?

    -The average salary in the US is $63,750, and the speaker mentions that to replace this with print on demand, one only needs to profit $537.

  • Why does the speaker think focusing solely on platforms like Redbubble or TeePublic might limit growth?

    -The speaker suggests that focusing on these platforms might limit growth because they are often promoted as side hustles, not as legitimate businesses with unlimited earning potential.

  • What is the difference between getting sales and finding a 'winner' according to the speaker?

    -According to the speaker, getting sales does not necessarily mean finding a 'winner'. A design is considered a 'winner' when it consistently sells 10 or more units per day.

  • What is the speaker's opinion on the saturation of the t-shirt market?

    -The speaker disagrees with the notion that the t-shirt market is oversaturated, arguing that the market is massive and there is still plenty of room for growth.

  • Why does the speaker question the transparency of some YouTubers regarding their sales?

    -The speaker questions the transparency because they believe that only showing the best days and months can give a warped perception of the business, as not every day in print on demand is profitable.

  • What is the speaker's stance on the importance of design in print on demand business?

    -The speaker believes that design is the most important element in print on demand, but emphasizes that one does not need to be a designer to succeed, rather they need to understand what makes a good design.

  • How does the speaker view the necessity of a large budget for advertising in print on demand?

    -The speaker refutes the idea that a large budget is necessary for advertising, suggesting that a well-researched approach with a reasonable budget can lead to finding winning designs without wasting money.

  • What is the speaker's ultimate goal for a print on demand business?

    -The speaker's ultimate goal is organic marketing, where a strong brand with a large social media following can generate significant organic traffic and sales without reliance on paid advertising.

Outlines

00:00

πŸš€ Print on Demand: Beyond the Side Hustle Myth

The speaker dispels the myth that print on demand (POD) is merely a side hustle, emphasizing its potential as a legitimate business with no earning cap. They share their own experience, noting a profit margin of over 10% in a month, which challenges the notion that growth is limited. The speaker criticizes the focus on platforms like Redbubble and TeePublic, which may limit the perception of POD's scalability. They also highlight the importance of distinguishing between a design that merely gets sales and one that is a true 'winner,' which consistently sells well. The paragraph concludes with a critique of the oversaturation myth around t-shirts, arguing that the market is still vast and t-shirts remain a popular product.

05:02

🎨 The Importance of Design in Print on Demand

This paragraph addresses the misconception that one must be a designer to succeed in print on demand. The speaker asserts that understanding good design is more crucial than being able to create it, suggesting that even those without a design background can succeed by recognizing quality designs. They discuss the use of platforms like Creative Market and Creative Fabrica for sourcing designs and emphasize the importance of data in determining a design's success, rather than personal opinion. The speaker also touches on the fallacy that large budgets are required for effective advertising in POD, advocating for a methodical approach to finding winning designs that can be scaled for profit.

10:04

🌐 Organic Marketing: The Ultimate Goal for Print on Demand

The final paragraph discusses the ultimate goal of organic marketing in the print on demand industry. The speaker clarifies that while building a large social media following is ideal, it requires significant time and effort. They argue that once a brand has a strong social presence, it can generate organic traffic and sales, reducing reliance on paid advertising and increasing profit margins. The speaker also points out that a brand with a substantial following adds substantial value, making it an attractive asset for potential buyers. They conclude by sharing their current profit margins and the potential for increased profits through organic growth.

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 emphasizes that POD is not merely a side hustle but a legitimate business with no earning cap, contrary to common misconceptions. The speaker's own business experiences, such as achieving a $2,195 profit in a month, exemplify the potential of POD.

πŸ’‘Profit Margin

Profit margin is the measure of profitability of a business, calculated as the profit earned divided by the revenue. The video discusses the fluctuation in profit margins, with the speaker mentioning a usual 30% margin that dropped to just over 10% due to unforeseen challenges, illustrating the dynamic nature of business finances in the POD industry.

πŸ’‘Side Hustle

A side hustle refers to a secondary source of income outside of one's primary job. The speaker refutes the notion that POD should be confined to a side hustle, arguing that it can be scaled to replace an average salary or even become a primary business, as opposed to being limited to platforms like Redbubble or TeePublic.

πŸ’‘Winners

In the context of the video, 'winners' refers to successful designs in the POD business that consistently generate sales. The speaker distinguishes between getting initial sales and identifying a true 'winner,' which is a design that sells 10 or more units per day, demonstrating the importance of recognizing and focusing on successful products for business growth.

πŸ’‘Saturated Market

A saturated market is one where there is an excess supply of a product or service, leading to intense competition. The video challenges the idea that the T-shirt market is oversaturated, arguing that there is still significant room for growth and sales, as T-shirts are a universally popular product.

πŸ’‘Transparency

Transparency in this video refers to the openness and honesty about the realities of running a POD business, including both successes and failures. The speaker criticizes the lack of transparency from influencers who only show their best days, which can create a distorted view of the business. The speaker advocates for sharing the full spectrum of experiences to provide a realistic perspective.

πŸ’‘Designer

The term 'designer' is discussed in the context of creating visually appealing products for the POD business. The speaker asserts that while being a designer is not a prerequisite for success, understanding good design is crucial. This involves knowing the difference between effective and ineffective designs and sourcing or creating designs that resonate with customers.

πŸ’‘Ads

Ads, or advertising, is a key component of marketing in the POD business. The video dispels the myth that one needs to spend a large amount of money on ads to find successful designs. Instead, the speaker suggests a more measured approach, emphasizing the importance of testing and scaling with well-researched designs to achieve a return on ad spend.

πŸ’‘Organic Marketing

Organic marketing refers to promoting a business through non-paid means, such as social media engagement and search engine optimization. The speaker identifies organic marketing as the ultimate goal for a POD business, as it can lead to a steady stream of free traffic and sales, reducing reliance on paid advertising and increasing profit margins.

πŸ’‘Social Media Growth

Social media growth is the increase in followers or engagement on platforms like Facebook, Instagram, and Twitter. In the video, the speaker highlights the importance of growing a brand's social media presence as a means to achieve organic sales and enhance the business's value, especially when considering selling the business in the future.

πŸ’‘Customer Service Team

A customer service team is a group responsible for addressing customer inquiries and issues. The video mentions the establishment of a customer service team as part of scaling a POD business, indicating a transition from a small-scale operation to a more structured and professional business model.

Highlights

Print on demand is a legitimate business with no earning cap, contrary to common misconceptions.

The speaker emphasizes the importance of treating print on demand as a business rather than a side hustle.

Last month's earnings were $2,195 with a profit margin of over 10%, debunking the myth of a capped income in print on demand.

The average salary in the US is $63,750, and print on demand can replace it with a profit of just $537, showing its potential.

Many focus solely on platforms like Redbubble or TeePublic, limiting their business growth in print on demand.

The distinction between getting sales and finding a 'winner' in design is crucial for scaling the business.

Designs that consistently sell 10+ units per day are considered 'winners', essential for business growth.

The speaker challenges the notion that t-shirts are oversaturated, arguing the market is still vast.

YouTubers may not be fully transparent about their bad sales days, creating a skewed perception of the business.

The speaker admits to having bad days and months, normalizing the ups and downs in print on demand.

Designs are super important, but one doesn't need to be a designer to succeed in print on demand.

The ability to differentiate between good and bad designs is more accessible than learning to design.

Platforms like Creative Market and Creative Fabrica are used for designs, emphasizing the importance of quality over origin.

Data should dictate design success, not personal bias, as even amazing designers can have unsuccessful designs.

A common misconception is that a huge budget is needed for ads to find what works in print on demand.

The speaker argues that $11,000 is a good amount to start testing designs with ads, contrary to the belief of needing more.

Organic marketing is the ultimate end goal for print on demand, providing a sustainable source of traffic and sales.

Building a brand with a large social media following adds significant value when selling the business.

The potential for profit in print on demand is highlighted, with the possibility of doubling earnings through organic growth.

Transcripts

play00:00

I've been doing print on demand for 11

play00:03

years now I've had my fair share of wins

play00:06

and fails for that matter and in part

play00:09

one I mentioned certain things I noticed

play00:12

a lot of people are talking about and

play00:15

how they were all just lies not true

play00:18

welcome to part two of more lies and

play00:22

Hidden Truths that no one ever mentions

play00:26

time to expose everything again first

play00:30

things first print on demand isn't just

play00:32

a side hustle it's like any other

play00:35

legitimate business and should be

play00:37

treated like it there isn't an earning

play00:39

cap on print on demand it's not like you

play00:42

hit $500 a month and it's like right box

play00:46

ticked side hustle acquired no more

play00:49

growth possible this doesn't happen like

play00:52

that just last month we did

play00:56

$2,195 usually we operate at around a

play00:59

30% price profit margin last month

play01:01

wasn't as good we hit a few bumps and

play01:03

ended up with just over a 10% profit

play01:05

margin but considering the average

play01:07

salary in the US is

play01:10

$63,750 that means we only need to

play01:14

profit

play01:15

$537 to replace the average salary not

play01:19

impossible at all on the flip side for

play01:22

so many it is and always will be a side

play01:26

hustle because they focus solely on red

play01:29

bubble or te public and that might not

play01:32

be your fault it could be just what

play01:34

you're being told to do too many

play01:36

YouTubers are promoting those kind of

play01:39

platforms where yes print on demand

play01:42

would only ever be a side hustle or in

play01:45

all honesty it wouldn't even tick that

play01:48

box you're not earning 500 bucks on teic

play01:51

or Redbubble another confusing point is

play01:54

not distinguishing between getting sales

play01:58

and finding a winner just because a

play02:00

design gets sales it doesn't mean it's a

play02:03

winner we have so many designs that got

play02:05

three to five sales when we ran traffic

play02:08

to them of course we thought they were

play02:11

winners but only once we saw a design do

play02:14

10 plus sales a day and climb

play02:17

consistently did we really notice the

play02:19

difference between getting sales and

play02:22

actually finding a winner you want to

play02:25

base your decisions on the winners not

play02:28

the designs getting a couple of sales at

play02:32

the end of the day we want to scale this

play02:34

business and we can only really do that

play02:38

with winners one of the most annoying

play02:41

things I see is when people say t-shirts

play02:45

are over saturated come on now be

play02:47

original I genuinely wonder if those

play02:50

people are saying it to keep the

play02:52

competition at Bay like if there's a

play02:55

YouTuber getting 100,000 views telling

play02:58

you not to sell the most popular product

play03:00

could there be an ulterior motive there

play03:03

I don't know could he be trying to Ward

play03:05

you off who knows I have no idea but if

play03:09

they're genuinely trying to help you why

play03:11

are they bashing t-shirts what I do know

play03:15

is t-shirts are not oversaturated the

play03:18

market is flipping massive and the space

play03:21

for selling T-shirts is bigger than ever

play03:24

before sure you can make good money

play03:26

selling canvases or mugs or something

play03:29

else but I don't understand why people

play03:32

want to risk trying to sell a way less

play03:36

popular product rather than just sell

play03:39

what is proven to work we all wear

play03:42

t-shirts we all have a whole bunch of

play03:44

them in our wardrobe it makes sense to

play03:46

sell them and following on from that

play03:48

YouTubers not being fully transparent

play03:52

well we all have bad days and bad months

play03:55

with our sales do you see that no not

play03:58

really we're in a world now where people

play04:01

have to constantly impress you won't see

play04:04

big influencers or teachers showing

play04:07

their worst days but this ends up giving

play04:10

a warped perception of the business not

play04:14

every day in pod is good in fact last

play04:17

month like I said earlier we had a 10%

play04:20

profit margin or just over which meant

play04:23

there were some really bad terrible days

play04:27

in the month it happens it it's normal

play04:30

if you have a bad day don't just assume

play04:32

you're doing something wrong and why is

play04:35

no one else struggling everyone has

play04:37

struggles whether they show it or not I

play04:40

recently just came out with a video

play04:42

detailing the entire of last month the

play04:44

sales the issues that we had the reason

play04:47

why it was around a 10 to 12% profit

play04:49

margin and I like making those videos

play04:52

because it allows you to see reality

play04:54

with print on demand rather than always

play04:56

just see this amazing realistic view of

play05:01

print on demand here's a really common

play05:04

one we've all heard I he too many people

play05:07

saying if you're not a designer you

play05:10

shouldn't bother and on the flip side I

play05:13

hear so many people saying nah designs

play05:16

aren't that important well designs are

play05:20

super important probably the most

play05:22

important element and you don't need to

play05:24

be a designer to succeed now I'm saying

play05:26

that you might not need to be a designer

play05:28

but you do need to understand the

play05:30

difference between a good design and a

play05:33

bad design which is much easier to learn

play05:36

than actually learning how to design

play05:39

once you know that finding designs is

play05:42

really not that complicated we use

play05:44

creative market and creative Fabrica for

play05:47

a huge portion of our designs even

play05:49

though I've been drawing since I could

play05:51

pick up a pencil I still bu designs as

play05:54

it's so much faster and they're

play05:57

perfectly good to use being being able

play06:00

to differentiate between a good design

play06:02

and a bad design allows you to go out

play06:05

there find and buy designs but make sure

play06:08

that you are only buying good designs

play06:11

and above all else no matter if you

play06:13

think the design is good or you think

play06:14

the design is bad whatever the data

play06:17

shows is what people want so for example

play06:20

if you think you have an amazing design

play06:22

and you run a whole bunch of traffic to

play06:24

it and it does terribly it gets no sales

play06:26

the results are poor the design probably

play06:29

wasn't good enough or it just didn't

play06:32

land very well or people weren't ready

play06:34

at that time to buy it so this is the

play06:37

crazy thing you can be an amazing

play06:39

designer and still have so many designs

play06:42

not do well okay on to the next one and

play06:46

this is a common misconception and I see

play06:49

it in the comments of videos a lot that

play06:51

is you need a huge amount of money to

play06:54

sync into ads just to find what works

play06:58

again this is not true you need money

play07:02

yes there's no denying that I would say

play07:05

you know $11,000 is a good amount which

play07:08

if you put that into perspective most

play07:10

businesses someone starts would cost

play07:13

that amount anyway or sorry it would

play07:16

cost way more than that now with those

play07:18

ads it's a matter of slowly testing lots

play07:21

of well researched designs to find

play07:24

Winners that way you can then scale and

play07:27

at which point you know you're getting a

play07:29

return so you're not really throwing

play07:30

money at Facebook hoping something

play07:33

catches on anyone that tells me they

play07:35

spent thousands and thousands on ads and

play07:38

got nothing it just blows my mind like

play07:41

did it not occur at any point that

play07:43

something was wrong maybe you should

play07:45

have paused the ads maybe you should

play07:47

analyze and see what's going on like

play07:50

there are many signs to say if an ad is

play07:53

not doing well now I know that was

play07:55

really harsh and I'm not having a go at

play07:57

anyone but I just know there's a huge

play08:00

amount of people that have a few bad

play08:02

experiences that end up scarring the

play08:05

people who haven't even tried and then

play08:07

they don't want to give it a go because

play08:09

of everything that they see all I want

play08:11

to say with ads it's important to know

play08:13

that it's a slow start to find Winners

play08:16

you don't have to SN two3 $4,000 into

play08:19

ads to try and find a winner and I want

play08:22

to give you one last hidden truth this

play08:25

will really open your eyes into the

play08:27

potential of print on demand before I do

play08:30

though can you smash that subscribe

play08:32

button if you've liked this video or any

play08:34

of my content for that matter okay here

play08:38

goes organic marketing is the ultimate

play08:40

end goal for print on demand there I

play08:43

said it easy right just build a fan page

play08:46

of 10 million people and then you'll be

play08:49

rich oh if only whilst this isn't

play08:53

exactly false you've got to put a huge

play08:57

huge amount of time and effort into

play08:59

growing a brand and it's socials to get

play09:03

to the point where you're able to get a

play09:05

serious amount of traffic organic

play09:08

traffic that is and then that lead to

play09:11

free sales but when you do it is the

play09:13

ultimate goal the reason why I say it's

play09:16

the ultimate goal even over selling the

play09:18

business is because let's say you sell

play09:21

the business right you get a whole huge

play09:23

lump sum of money that's great if you

play09:25

build up the socials to millions and

play09:27

millions and millions then you're able

play09:30

to get so many organic sales without you

play09:32

having to do that much work and then at

play09:34

that point you'll have a customer

play09:36

service team handling all of that stuff

play09:38

you'll have people in place to handle

play09:40

various different things and you won't

play09:41

have to rely on Facebook ads and that's

play09:44

why I think it's a pretty awesome end

play09:47

goal and then on top of that when you do

play09:49

come to sell the business you're not

play09:50

just selling a brand you're selling a

play09:53

brand with a huge following which will

play09:56

add so much value to that business here

play09:59

is a perfect example we profit $17 to

play10:03

$20 per t-shirt it's quite a lot I know

play10:07

once you factor ads into it we end up

play10:10

with nearer $10 and this is still great

play10:14

however with enough time once our brand

play10:16

socials have properly grown we'll be

play10:19

getting free traffic and making pretty

play10:22

much double on every sale and this is

play10:25

mainly because we don't have to rely on

play10:26

that paid traffic so our profit margin

play10:28

is just drastically go through the roof

play10:30

and that should be the end goal there's

play10:32

still so many more lies and Hidden

play10:34

Truths within print on demand I could go

play10:36

on for hours and hours and if you could

play10:38

think of any let me know in the comments

play10:39

down below and of course if I have upset

play10:41

anyone or triggered anyone that wasn't

play10:44

the goal I'm just trying to bring a more

play10:46

transparent view into the world of print

play10:49

on demand

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