How to Build Print on Demand Marketplace – A Complete Guide

How to Build Print on Demand Marketplace – A Complete Guide

Mar 8th, 2022

Of course, you know this already!

Marketplaces are steadily growing. Traditional marketplace models, whether it’s Amazon, eBay, Facebook Marketplace, or even your own, drives in more visibility and sales.

However, traditional marketplaces lack the ability to sell customizable products.

Here’s a major issue that even veterans face.

You bet your cash on high volumes of products to fulfill the demand. And by any chance, if the designs of your products do not sell, you are left with a humongous stock and no money.

Now, we want you to look at a bigger picture beyond a traditional marketplace. How about you enable customization to let your customers to create and buy personalized products on demand!

You can invite other businesses to collaborate with you, and in a way, earn commissions. Additionally, with print on demand, you can have unlimited product options without having to worry about operating costs.

If that sounds interesting, this blog is for you! It covers all the aspects of print on demand technology, marketplace, and how to build print on demand marketplace.

Here’s an outline of the topics this post covers:

Why Print on Demand + Marketplace is a Combo That Can Never Go Wrong

Print on Demand and marketplace are two concepts that are being widely adopted in the eCommerce space. Let’s get into some serious number business to understand in depth.

Marketplace in Numbers

More and more customers have started buying from online marketplaces. 62.5% of all global online spending occurred via marketplace in 2020.

Savvy industry players, in order to cater to this shift in buying habits, are building their own digital marketplaces.

Did you know in the last 7 years, more than half online marketplaces have been launched? This clearly implies that there has never been a better time to build your own marketplace to remain competitive.

online marketplaces

(The rise of online marketplaces)

Print on Demand in Numbers

Unlike traditional business structure, Print on Demand enables you to create uniquely designed print products without having to physically hold any inventory.

It opens doors to generating high profits by eliminating operating expenses. And that’s why there is no wonder why this model is becoming so popular.

With over 12% growth in the last four years, the industry is showing no signs of slowing.

print on demand model

(The growing popularity of print on demand model)

By combining both these profitable business models, you can have your own marketplace platform and achieve what you have set to achieve – repeat business and high profit!

Get an in-depth understanding of how you can get started with print marketplace development. Share with us your business requirements, and we will get back to you!

 

How Print on Demand Marketplace Works

It’s time to get a practical approach to things.

The most basic way to understand this Print on Demand marketplace is to consider it as a centralized platform. Here, you invite other businesses, or artists/designers.

Whether you choose to have a B2B marketplace or a C2C marketplace, depends on your business requirements.

In both of these, each business entity – a vendor or an artist, will have their independent branded stores. From here, they can manage their orders, customers, products, designs, payments, etc.

The vendors coming to your store will either have their existing catalog or will use your inventory. If they purchase your inventory, you get a commission on each item sold.

As far as shipping and printing infrastructure is concerned, your vendors can have their own infrastructure or you can do it for them. You can also invite your suppliers, and printers to smoothly manage all operations.

How Print on Demand Marketplace Works

If you look at the image, your print marketplace works as a centralized system, where hundreds of other business entities be it vendors, or resellers who have their individual stores.

Vendors can either upload their existing products on the print marketplace, or leverage your catalog. They also have access to a Product Design Tool to create and sell customizable products to end-customers.

Know more about print on demand marketplace development by clicking the link below.

 

The following sections of the post covers all the information you need to know about print marketplace development. Features, product customization, monetization model – continue reading!

Choosing What Products to Sell

There are plenty of options when it comes to choosing customized products. The biggest decision you will make is to have either a vertical marketplace or a horizontal marketplace.

Amazon, Alixpress, these are horizontal marketplaces where you get products of almost all categories. It is like a one stop shop where you sell multiple product categories like gifts under one roof.

On the other hand, vertical marketplaces are the ones that deal with specific categories. For instance, Etsy, it deals with a very narrow segment – handmade and vintage goods.

Irrespective of the category you choose, if you are wondering what are some trending customizable products that you can sell, then here’s something that will help you.

Trending Product Categories

No Debate Here – These Categories Take the Foremost Position

After going through tons of articles from Shopify, Oberlo, Printify, etc. here are some categories we think are the most popular.

It includes apparel, accessories, gifts, stationery, and custom art prints. The demand for products like tees, hoodies, pants, etc. will always remain high, undoubtedly.

Products like custom wall prints, art posters, engraved jewelry, etc. are also among the fastest growing segments. An in-depth market analysis will help you pick the right options for your business.

Even if you have an existing catalog, keeping an eye on the latest trends will help you stay ahead of the curve.

Any Exciting Trend That You Need to Know?

Two of the most popular trends are eco-friendly products and all over prints.

More and more customers are looking for buying sustainable products including clothing, bags, bottles, recycled packaging, greeting cards, and such.

eco-friendly products

Idea in Action: Printify has an entire section dedicated to eco-friendly products. They sell custom printed sustainable travel mugs, apparel, bottles, etc. They even use sustainable printing methods like Direct to garment to promote environmentally friendly eCommerce.

Another trend that has hit the world of personalized apparel is all-over printing. It is a kind of print that covers the entire apparel, both front and back side. Such kind of print design can have either tiny patterns, images covered everywhere, or just a single design.

All Over Print Tank Tops

Idea in Action: Yizzam is a US-based sublimation printing company that specializes in t-shirts and tank tops. Their print designs range from vintage to retro to modern art patterns.

Take your printing business a step ahead by integrating a fully-functional and feature-rich product design tool.

Let your customers add their ideas and create products they love! Click the link below to learn more about all the features that make customization successful.

 

Integrate Product Design Tool with Your Platform

Marketplace owners often get caught in the vicious cycle of not being able to attract more customers because there are no sellers, and vice versa.

There are various marketing techniques that will help you get sellers and buyers on your marketplace.

However, when it comes to retaining customers, and building a loyal customer base, you need to have a solid USP. With Design Tool, you can offer uniqueness of personalized products to users.

Whether it’s adding a fandom meme, favorite quote, or personal picture, there are endless ways end-customers can add a personal touch.

Integrate Product Design Tool with Your Platform

By integrating a Product Design Tool on your platform, you can offer such uniqueness. Here, each vendor on your platform has access to the tool.

They can enable a ‘Design Your Own’ option on their stores to sell customizable products. There are two ways to enable customization.

One is to offer design-ready templates. Not every end-customer who comes on your marketplace might have the time or need to design a product from scratch.

Instead, they can choose from a pre-loaded template library, make modifications in color, text, background, etc. as required.

On the other hand, those shoppers who really wish to design their products from scratch, can benefit from several other features like clipart, artwork, quotes, and so on.

Want to know how the tool works as per your industry? Share your business details with us, and we will give you a personalized tour of our product.

 

Must Have Features in Your Print on Demand Marketplace

What features do you need to build a print on demand marketplace? This section talks about everything you need to know.

Quick Onboarding for Other Stakeholders

Your marketplace needs to have a user-friendly and quick on-boarding process. With a straight-forward sign-up, you can enable vendors, artists, printers, etc. to register and create their account on your marketplace. This is also probably the first interaction sellers will have with your marketplace. Hence, it is important to deliver a smooth onboarding experience.

Approve /Reject Requests & Role Based Access

You also get the ability to approve or reject any request. Further, by leveraging notifications, you can send real-time updates to the vendors regarding their registration status. Once you approve it, vendors can have their individual backend portal. Further, admin can also define user roles and assign privileges to members of an access group.

Independent Branded Stores

Each business joining your print on demand marketplace will require a dedicated store to showcase their offerings. With Brush Your Ideas’ ready Web to Print Store, you can easily enable them to build fully customized and responsive stores. Using various in-built themes, theme editor, and page layouts, they can design unique stores. Their web stores can also feature customer reviews, recommended products, and such to help end-customers make better purchase decisions.

Pull Inventory & Mass Product Upload

For those sellers who do not have their own inventory, the pull inventory feature comes in handy. As the name suggests, they can pull your existing inventory to their stores and sell it to their customers. In such a scenario, you can charge them a fee to avail this benefit. Secondly, for sellers who have their products, they can easily upload all their products in a go using the mass upload feature.

Advanced Dashboard & Reporting

Both you and vendors need to be able to see everything that’s happening in order to manage operations, and take further decisions. A dashboard can be dynamic based on your business requirements. However, at minimum, a dashboard needs to offer information like number of vendors, pending requests, catalog, customers, analytics and reporting, payment information, and such.

Payment & Commission Module

Payment module is an important feature that helps admin and vendors alike. It lets one manage all transactions whether it’s between a vendor and admin or vendor and end-customers seamlessly. Further, the commission module gives admins the ability to set commission for products, printing, shipping, etc.

Payment And Commission Module

Get started with print marketplace development with us. Start selling personalized products using the Design Tool integrated with your marketplace.

 

Decide Your Monetization Model

An important factor that leads to high income is choosing the right monetization model. In this section, we will talk about two of the most common monetization models you can leverage for your print on demand marketplace.

Commission Based Model

In this revenue model, you charge a user a fee for each transaction. And that’s actually the biggest advantage of this model is that with each transaction, you can monetize.

As the marketplace owner, you can charge a fixed fee to either the vendor or the end-customer or both. The commission percentage entirely depends on your industry.

The biggest challenge with the commission model is to offer more value to the users. You will need to offer both vendors and buyers some uniqueness in order for them to do business with you. In such a case, having the ability of product customization can be beneficial!

Listing Based Model

Listing is quite similar to the commission-based model. The only difference is that in the latter vendors pay you a fee only when they sell an item while in listing, you can charge vendors to list their products on the platform.

While listing fee is a great option if you have a wide customer base, the biggest challenge is the price. There are chances sellers might go away owing to high listing fees.

With listings, it’s hard to get enough revenue. It is always advisable to have commission as your primary model and listing fee as your secondary revenue model.

Promote Your Print on Demand Marketplace

Gaining traction in the online market has become more challenging than ever before. And the nature of the marketplace model makes it even more difficult. You have to take care of both vendors and buyers.

Have a look at a few strategies that will help you market your platform and bring in more vendors and customers.

  • Join online communities like a Facebook or a LinkedIn group. Connect with relevant people, take part in discussions, etc. Gradually, you can pitch in your platform, and get potential vendors for your marketplace.
  • Hangout on platforms where potential buyers are. You can create some interesting pre-launch content like a sneak-peek video and share it on social media.
  • You can also take advantage of email marketing. You can inform users about your marketplace, list its benefits, talk about the features, etc.

Ready to Get Started?

Print marketplace that enables end-customers to create custom designs on demand; it is one of the fastest growing models in the eCommerce industry. We can help you successfully build a print on demand marketplace as per your needs.

For more than 15 years, we have been enabling businesses in the print and eCommerce industries to leverage web to print technology to build, manage, and grow their business. We have a skilled and experienced team of developers, designers, and industry specialists who can help you build custom and secure marketplaces.

In order to get a detailed overview of print on demand marketplace development, and what features you need as per your business logic, let’s get in touch! Share your requirements with us, and we will get back to you!

 
All product and company names are trademarks™, registered® or copyright© trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Yesha Bhatt

Yesha Bhatt

Yesha Bhatt is a literature major who strongly believes in the mighty power of words. She recently made the jump from being a student to a professional by joining Biztech as a Content Writer. Her aim is to make tech easier for our readers to understand while she herself takes a journey into this mystic would of bits. Apart from writing and binge-reading, she is passionate about women's issues and history and mostly hangs around on Twitter making sensible points about women's issues and Indian politics.

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