Starting a business is an aim that everybody should have. You may need to start a business as a side hustle or even as your full source of income. However, starting a business might not be simple as it may sound. You will need to have a good business idea and draft your business plan well to beat the competition.
Alternatively, you can venture into less competitive but profitable ventures like 3D printing. This is a worthy investment, and the only reason why it’s not popular is that technology has not reached everyone – so quick, dive in now before the rest of the world catches on!
If you already have a 3D printer, you can start making money with it, and if you don’t have one, you can consider buying one. A top quality machine which would be best for running a 3D printing business will cost you from $1000 upwards. But remember, high-end machines will have a better quality making it easy for your business to grow. This article will give you some ideas on how to make money using your 3D printer.
Ways To Make Money With a 3D Printer
Print Things You Can Sell
If you have a 3D printer and some designing skills, the best way to make money with it is by printing things to sell to your customers. You can decide to sell your items using a store or even do it online.
There are different sites where you can sell your printed items, including eBay and Amazon. But you should know that although 3D printing is a less flooded market, you need to have creative designs and an excellent color selection to capture a large number of customers.
When printing items for your first time, don’t print in large numbers to avoid losses. For any new thing, you can print one or two and then take pictures to post. From there, you can start printing the item according to the orders you get. If the market doesn’t respond as you expected, change the design and colors.
Leasing Your 3D Printer
It’s not a must for you to know about prototypes creation to make money with 3D printing. You can buy a 3D printer and lease it to your friends who have all that it takes, but they have no money to buy a printer. This way, you will make passive income as you do other things. A 3D printer will be costly, and not everyone can afford it. If you can, why don’t you buy one and rent it and watch your investment grow?
However, you should ensure safety first. Don’t lease your machine to people who have any criminal records to be sure your device won’t be damaged or lost. You can also ask the person you are renting the printer to bring their identification documents so that you know where to get them in case of anything.
Offering 3D Printing Training
Have you been in the 3D printing industry for long, and you consider yourself an expert? If the answer is yes, then offering 3D printing training could be another source of income. With a 3D printer, it will be easier for you and the learner as you will do it practically.
The training may take weeks or months, depending on how you will structure it. The good thing with offering training is that apart from making money, it will also be easier for you to get a worker when searching for one.
Start A 3D Printing Service
This is where you do the printing for other people who do not have the printer but can create their prototypes. You can even do this online where you receive orders from your clients and print them at the comfort of your home office.
But when offering delivery service, you need to check the distance between you and the customer so that you do not incur too high a cost for shipping. Many people will not be willing to pay for the delivery, and this is why you need to consider the shipping cost before accepting any order.
If your question was how to make money with 3D printing? Then the above tips have got you sorted. With increased competition in the business sector, it’s always good to go for the less flooded ideas. 3D printing is one of the well-paying businesses but with less competition. Apart from the above ideas, there are many other ways to make money through 3D printing. Keep learning and enjoying your 3D printer.