Is POD Dropshipping profitable in 2020?

We have discussed both Print on Demand (POD) and Dropshipping in recent articles. But how about POD dropshipping? What is it and how we can create a profitable POD dropshipping business in 2020?

Those topics are exactly what we are going to talk about today. In this article, we would like to introduce another dropshipping option for beginners who want to start a highly lucrative store this year.

What is Print on Demand (POD)?

You may have heard the term a lot. In short, it refers to selling printed products with your custom design as per order. The products are diverse from a shirt, a mug, phone cover to fine art, and home decor items. This industry has flourished for such a long time, even before the emergence of e-commerce. However, e-commerce has made it easier for you to start a POD business with zero capital.

POD Dropshipping: Pros & Cons

POD Dropshipping does have its own pros and cons. Viewing two sides of this e-commerce model will give you a closer look and help you get prepared for scenarios that may happen to you.

First, let’s see what the advantages that POD Dropshipping model has.

Pros of POD Dropshipping

You have the chance to sell your own custom products

Nothing is more attractive than the feeling of selling your own merchandise. It was impossible for designers to do that in the past few years as they had to find trustworthy suppliers then communicate with them to have your design printed on the products. However, today, with the support of POD services such as Printful, TeeSpring, and Zazzle, designers are allowed to sell their own designs on a variety of products from clothing, accessories to decor items.

Custom Packaging

Adding your logo on the product packaging will increase brand awareness among your customers, which will help you build a sustainable brand name for your store later. You can start promoting some designs on your platform and then added your logo with them. Many dropshipers did that and earned thousands of bucks a month by offering artists a platform where they could sell their designs. Surely, they will have a commission on each sale at their end.

POD Dropshipping can be your side business

You can have a different daily job and at the same time manage your POD dropshipping store as a side business. As POD Dropshipping has a lower barrier to entry, and you can have a lot of room to play with varied designs and products.

Automatic processing

One great thing about POD Dropshipping is that you can make the whole process automatic from advertisements to designing, You just spend a fixed amount a month to test out a new design. If the design fails to convert, you can try another idea.

Cons of POD Dropshipping

To be successful with your POD dropshipping store, creativity, resilience, and hard work are three core factors. However, there are still some disadvantages that you need to solve:

High Costs

As in POD dropshipping, you sell products that are printed with the ordered design and quantity but not in bulk, those products will be very costly. The solution to this problem is that you can go around to compare the prices of different POD dropshipping platforms. After that, you will be able to choose the best option with the lowest price for your store.

Another option to reduce costs is to cut your own profits. This solution will lower your profit on each product but will encourage customers to choose your store rather than others in the same field, which surely benefits in the long run.

Strong design skills are required

One disadvantage of a POD dropshipping business is that you will need strong design skills to produce attractive, perfectly designed products. If you want to have a standout brand on the market, unique and fine designs are what will drive your customers to your store.

Demands Creativity

Apart from strong design skills, another drawback of POD Dropshipping is that you will not find a winning product easily. One product can be sold out well at one moment but can become old-fashion the next day. So, your job is to keep working on new designs all the time. This can cost you more money since you will need a good designer to do that for you.

Tough Competition

Since POD dropshipping is easy to start, it is popping up everywhere. Everyone is jumping into the business, which means you will have less chance to stand out. Therefore, you will need great creativity to make it a successful business.

Conclusion

To sum up, POD Dropshipping business is easy to start. You need zero capital but hard work and dedication to be successful with this model. Though it has some disadvantages, POD Dropshipping is quite profitable and its advantages are much more compared to the drawbacks.

Now is the time of e-commerce, and POD dropshipping is a part of the trend. It will be regretful if you don’t grab the chance to build a great earned investment.

Don’t be afraid to try since even if you fail, it will cost you really little. Instead, the knowledge and experiences you gain are extremely valuable, which later on will help you to get closer to success. So, are you ready to start your own POD dropshipping business today?