- A lady who uses the social media platform, TiTok has disclosed how she made over N66 million in three months without lifting a finger
- According to Heather in her TikTok video, she uses the e-Commerce site, Esty for her on-demand-printing business
- She said the business allows her the time and she does not have to be physically involved in the packaging and delivery
A TikTok user and an entrepreneur has displayed a side business that earned her about N66 million in three months.
Heather runs the account itsheatherstudio on the social media site, stating that one of the keys to her breakthrough has been print-on-demand via Etsy. This American e-Commerce platform focuses on vintage items and craft supplies.
In a video, she stated the advantage of using print-on-demand.
Flexible process without physical activitity
According to her, the process allows sellers on Etsy to sell products without printing, packaging or delivering the items.
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Sellers can create and advertise custom-made designs on things like shirts, hats or mugs, but they don't need to create any physical inventory.
Immediately after the order is placed, a third-party supplier takes care of the product's printing and delivery.
Heather explained that the strategy allows her to earn thousands of dollars in a month without leaving the comfort of her home or putting in any physical labour to fulfil orders.
Sellers who use a print-on-demand fulfilment model can also spend a lot of time advertising their brand on social media and refining their designs.
Huge market cap for print-on-demand
According to recent data, the system has become a major part of e-commerce as the market hit $44.9 billion last year.
Also, apart from removing much of the hands-on work of selling on the Etsy platform, the business also removes much of the financial risk of building out an Etsy shop.
The start-up costs are minimal since the seller does not need to buy or maintain inventory.
Sellers can also outsource shipping and order fulfilment to third-party, and this will eat into the seller's earnings.
Heather said that her profit is usually 30 per cent, which means she made about $30,00 of the $100,000 revenue in three months.
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