SIDE HUSTLE SCHOOL EPISODE 073 FLORIDA MAN EARNS $100,000 SELLING T SHIRTS WITH NO INVENTORY


FLORIDA MAN EARNS $100,000 SELLING T-SHIRTS WITH NO INVENTORY

There’s more than one way to make a lot of money designing and selling t-shirts without actually keeping them on hand. In today’s story, an app designer earns six-figures with a print-on-demand service.



Link to the Podcast: https://sidehustleschool.com/episode/sell-t-shirts-teespring-facebook-ads/
 
What It’s About
A man in Florida starts using an e-commerce platform called Teespring to sell shirts with his designs creating a six-figure side income.
BUSINESS MODEL
MANUFACTURING
SKILLS REQUIRED
DESIGN & RESEARCH
COMPLEXITY
LOW
PROFIT POTENTIAL
HIGH

Words of Wisdom
After discarding screenprinting as an option for selling his shirts, a new technology and platform called Teespring came along that allowed him to create shirts with as few as ten orders without carrying any inventory at all.
There was just one problem: he had no email list or other potential base of customers. He did, however, have the power of observation. Having watched other people use online ads to target people based on specific demographics and occupations, he decided to try growing his customer base through specific advertising. After lots of trial and error, he finally found something that worked and focused on that.

Fun Fact
Once Benny found an ad formula that worked, he doubled down. By the end of the year, he’d been paid $152,996.34 by Teespring. That’s his share of the money earned from selling his designs.
However, even though he doesn’t stock inventory or pay employees, he does have advertising costs. Without spending money on advertising, no one would know his shirts. That year he spent $51,024.98 on Facebook ads alone. (!)
Minus the Facebook ad spend, that’s a profit of $101,971.36! After building apps and trying other ventures, it was the first time he’d ever hit six figures online in one year.


This is an attempt to bring Chris’s ideas from the podcast to youtubeFull Credit to CHRIS GUILLEBEAU’s

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