In these changing times, we are all looking for innovative ways to earn extra money. And as you may already know, eCommerce is a great beginner-friendly side-hustle that can also replace a full-time income.
But the question that many business owners and new entrepreneurs have when it comes to running an eCommerce business is which is better, Dropshipping or Print On Demand?
With only small differences between the two, it can be hard to determine which one will serve your business the best.
For both Dropshipping and Print On Demand, you can build your own fully automated eCommerce business without having to deal with holding inventory, shipping out products, or even manufacturing products.
So, before we get into which one is better, let’s first explain exactly what Dropshipping and Print On Demand is and how they work:
Dropshipping And Print On Demand
Dropshipping is an online business model that involves having an eStore that accepts customer orders but doesn’t keep any merchandise in stock. With a dropshipping eStore, you outsource your products from suppliers.
And when a customer places an order through your eStore, it gets automatically processed through to your supplier. Then, the customer’s order is shipped out by the supplier.
Print On Demand is the same idea but, instead of selling goods through suppliers with pre-made products, you are selling customized designs on a variety of products. When the orders come in, it gets created by suppliers and shipped out by them.
Here is an image to show you visually exactly how Dropshipping and Print On Demand works:
As you can see from the image above, Dropshipping and Print On Demand business models work the same.
But there are some slight differences, as well as advantages and disadvantages that are important to know before starting a Print On Demand or Dropshipping business.
Advantages And Disadvantages Of Print On Demand
As we mentioned earlier, you are able to customize and design your own products with Print On Demand.
This is an advantage because it allows you to stand out against other eCommerces that are doing Dropshipping. So you are able to sell items unique in your eStore that no one else is selling.
And you also can sometimes do customized packaging, making the buyer’s experience from beginning to end different from what they would experience shopping from someone else.
But there are a few disadvantages with Print On Demand, such as experiencing higher shipping costs, higher product costs, and limited product selection.
Another issue could be not having strong design skills to create unique products, but you can outsource it for inexpensive through platforms like Fiverr if you need to.
Advantages And Disadvantages Of Dropshipping
With Dropshipping, an advantage is that there are millions of products to choose from for your eStore and the shipping costs are low.
Another advantage is that sites you use to supply products for your store, like AliExpress, have reviews for all sellers. This makes it easy for you to find good-sellers to supply products to your eStore.
The disadvantage of Dropshipping is that sometimes the shipping can take a long time. But you can overcome this with a few different solutions. Such as offering free shipping, and giving tracking numbers, so that customers are understanding and okay with their orders taking longer to arrive.
So as you can see, there are many different advantages and disadvantages to using Dropshipping or Print On Demand.
But, Which One Is Better?
The great thing is that both Dropshipping and Print On Demand are fully automated business models that don’t require carrying inventory.
Even without any prior experience, you can start a Dropshipping or Print On Demand business. And if you’re thinking you don’t know which one to start, don’t worry because you can do both.
Neither one is better than the other because they both have their advantages and disadvantages. Print On Demand can work alongside Dropshipping as it’s just another form of Dropshipping that can be an extension of your online business.
And even if you have or haven’t started your own Dropshipping or Print On Demand business, we highly recommend becoming a member of iPro Academy Premium!
Even though Print On Demand and Dropshipping are easy businesses to start, it can be overwhelming. But with training, it can prevent you from making any mistakes and provide you with simple strategies to overcome disadvantages, so you’ll be on the fast-track to success.
iPro Academy Premium
iPro Academy Premium is a global E-learning community for online entrepreneurs. It has easy to follow training videos taught by industry professionals that you can do at your own pace.
It’s a place to learn how you can build your own business with result-driven strategies! It doesn’t matter what skill level you are at because there is something for everyone to learn inside iPro Academy.
There are lots of courses so that you can constantly advance your skill set in this ever-changing internet world.
Here are the courses we recommend for learning more about building your own Dropshipping or Print On Demand business:
- eCom Challenge
- Print Profits
- Zero Up
There are also courses on how to scale up your eCommerce business, become a high-performing media buyer, Facebook ads, Google ads, Binge ads, coding, and much more!
So, click the image below to get started on building your own eCommerce business today.
If you want to start your own online business or want to level up your skills, then iPro Academy Premium is for you!
It has all the resources, support, and training that you need to level-up and get results at a greater speed than if you were starting an eCommerce business alone.
Be sure to comment below to let us know what course you plan on taking inside of iPro Academy, and please share this blog with your own network of entrepreneurs.