How Profitable Is An On Demand Printing Apps Business? (Updated for 2024)
So you want to start an on-demand printing apps business?
And the first question that came to your mind was, “well, are on-demand printing apps businesses actually profitable?”
With a market size of $3B - there’s plenty of business to go around.
Especially considering:
- You could start a on-demand printing apps business with as low as $750,000
- Based on our data, on-demand printing apps businesses generate an average of $3.06M per year
- You could see gross margins as high as 12% with on-demand printing apps businesses
There’s money to be made. Don’t worry.
But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a on-demand printing apps business.
Let’s dive in!
Is an on-demand printing apps business profitable?
Yes, an on-demand printing apps business is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.
For instance, since average revenue is $3.06M per year with an estimated gross margin of 83%, you could expect to recover your investment within 18 months or even less.
But of course, it all comes down to how much you earn compared to the potential revenues of your on-demand printing apps business.
To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.
Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your on-demand printing apps business is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.
Is an on-demand printing apps business worth it?
If you’re wondering if a on-demand printing apps business is worth it, the answer is a big YES. With on-demand printing apps businesses, you have the potential to earn $3.06M per year (this is based on data reported by real founders).
Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.
With a market size of $3B, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.
Of course, you must learn and understand every aspect of running a on-demand printing apps business to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.
You might want to consider reading more specifics about successful on-demand printing apps businesses case studies.
Examples Of Profitable On Demand Printing Apps Businesses
Here are a few examples of profitable on-demand printing apps businesses, and a few more details about them:
1. JetPrint ($8.4M/year)
Inspired by a childhood fascination with CMYK printing, Mark ventured into the print-on-demand industry in China after discovering Printful in 2015. Leveraging his software development background, he launched JetPrint, now generating $700,000 monthly and prominently featured on Shopify.
Is it profitable? Yes
What's the gross margin? 12%
How much money it makes: $8.4M/year
How much did it cost to start: $750K
JetPrint is a Chinese print-on-demand company that offers customizable products to global e-commerce sellers, with watches and balls being their featured products. In a short amount of time, they went from starting with a few thousand US dollars in monthly income to making $700,000, and their app was approved by Shopify and recommended in the Shopify App Store. They attribute their success to service quality, innovation, and accurate audience targeting.
Learn more about starting an on-demand printing apps business:
Where to start?
-> On-demand printing apps business plan
-> How to finance an on-demand printing apps business?
-> How much does it cost to start an on-demand printing apps business?
-> Pros and cons of an on-demand printing apps business
Need inspiration?
-> Other on-demand printing apps business success stories
-> Marketing ideas for an on-demand printing apps business
Other resources
-> On-demand printing apps business tips
How much can you make with an on-demand printing apps business?
With a on-demand printing apps business, you can make an average of $3.06M revenue per year (based on data reported by real businesses).
You can start with an initial investment as low as $750,000. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 18 months.
How much does a on-demand printing apps business make a week?
Based on our data, average weekly revenue for a on-demand printing apps business ranges around $63.8K. As such, you could see monthly revenues of $255K.
To know if your on-demand printing apps business achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.
Learning your weekly profit can also show whether you're hitting your target goal for your on-demand printing apps business.
How much do on-demand printing apps businesses owners make?
The income of an on-demand printing apps business owner can vary depending on various factors such as location, size, competition, and the owner's business skills.
But to give you some idea, the weekly revenue of an established on-demand printing apps business is about $63.8K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.
While the potential for earning a good income as an on-demand printing apps business owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.
On Demand Printing Apps Business Profit Margins
Generally speaking, an on-demand printing apps business can expect profit margin of around 83%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of an on-demand printing apps business, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.
However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, on-demand printing apps business owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, on-demand printing apps business owners can ensure long-term sustainability and profitability for their business.
On-demand printing apps business owner salary
The salary of an on-demand printing apps business owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established on-demand printing apps business, in a prime position, might see an average weekly salary around the ballpark of $52.9K.
But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.
Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.
Conclusion
In a nutshell, based on many of our examples, a on-demand printing apps business may be a promising business to start - but the success of your on-demand printing apps business mostly depends on your effort and your approach.
If you focus on these, you'll have a much higher chance of a profitable on-demand printing apps business.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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