When you’re first starting out in the Print on Demand industry, it’s easy to get overwhelmed by the new vocabulary and concepts. But starting your own business doesn’t have to be hard! Here is a cheat sheet explaining the most common industry terms so you can start selling smiles sooner.
Try to see if you can guess the definitions of these words. Click the (+) to see if you're right.
A printing process where products are only created once an order has been placed. This system allows for single or large quantity orders.
With POD, the retailer doesn’t have to store any inventory, so they never have to throw away unsold products.
Less waste = more sustainability!
A retail model in which a POD company fulfills and ships orders directly to the customer.
Drop Shipping frees you, the retailer, up to focus on growing your business!
The platform where you choose to create your online store, like Shopify or Etsy.
These websites help facilitate the commercial part of owning a business: Discovering products, adding them to a cart, and purchasing them.
You don’t have to choose just one! With multichannel selling, you can sell your products on multiple platforms.
The connection between Printed Mint and an eCommerce platform.
Integrating your page allows orders from your eCommerce store to automatically sync to your Printed Mint account for fulfillment.
How much money you earn after subtracting the cost of the product itself from your selling price.
Formula: selling price (-) product price = profit margin
Look out for our future blog posts where we dig into both print and design terms!