Spreadshirt: My Newest Passive Income Stream & How You Can Earn Too! | |
Spreadshirt: My Newest Passive Income Stream & How You Can Earn Too! Posted: 15 Nov 2014 11:51 AM PST Have you ever heard of print on demand (P.O.D.) affiliate programs? You create a free store, upload images, add them to shirts, buttons, hats, and other merchandise. You set your own markups and that becomes your commission when products are sold. The companies do all the printing and shipping, you just collect your commissions. Well, I just switched from Zazzle to Spreadshirt and increased my earnings by about 300%. My average commission per shirt sold is between $7 and $9. You can see my store here. There are four reasons this payment excites me… First of all, it reminds me of the opportunities available online and I wanted to do this podcast to help give you ideas — especially those of you who are in niches where there are not a lot of monetization options. People LOVE wearing shirts that allow them to express themselves. (Not to mention the selfies they may take, which can mean even more promotion for you!) The key is the sayings and designs. You really have to know what your audience would like. I’ve found people like shirts that…
It’s a lot of trial and error. Some shirts are instant hits for me, others are straight up bombs! The second reason I’m pumped about this is I’m not much of a designer. So the fact that someone like me can open up Photoshop, take my basic knowledge of the program and create a design that sells makes me feel good. I create some designs myself and outsource others. (Don’t worry, you don’t have to know Photoshop or any graphics program to make money. I’ll be talking about five other options. But if you want to learn, my course will make it easier than you’ve ever imagined.) Third, it’s fun! There’s something incredibly rewarding about knowing I can have an idea for a shirt, create something in 10 minutes and put it up for sale immediately. Gotta love the convenience of the Internet! And last but not least…when you have a site with traffic, the income can be very passive. The only direct promotion I’ve done for my shirts was putting a few out on Pinterest. Other than that, I am driving all the traffic to my store from links and images on my site and forum. About 70% of the sales were generated from my direct referrals from the site. The other 30% came from the Spreadshirt marketplace. So people can sell my designs from their stores, and I get to set my own commission. (This is optional if you don’t want others to sell your shirts.) Imagine if I had used social media more (other than Pinterest). I probably would sell a lot more. I admittedly slack in that area, and because of that, my following is not very engaged. But if you do have an engaged social following, there’s a lot of opportunity there. In the podcast, I discuss a YouTube channel I follow and how the owner uses social media to generate more sales for his Spreadshirt store. Check out the podcast below. Here’s the transcript. In This Episode
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