With Merchr, gaining and maintaining a source of revenue, all whilst growing your own brand sounds like a good deal right? Whether you already have a strong following or not, have built up brand recognition, or just have some great designs and ideas up your sleeve, selling your own merchandise is an effective way to make money. Selling your own merchandise can be your sole income, a major contributor to your income or can be a nice side-hustling passive income that continues to flow in with minimal work.
Don’t just take our word for it… meet Ted.
During the pandemic, Ted found himself to be without a source of income with his savings dwindling down fast. He needed to do something, quick! That’s when Ted found Merchr. Having good graphic design skills and being quite witty himself, Ted decided to design and sell his own collection of merchandise. He created designs and wrote funny memes and quotes for t-shirts, hoodies, and tote bags which he uploaded to his own online store. Ted found himself to be appealing to those who followed him on social media and soon found great success in the selling of his merch.
Ted enjoyed that he could set his own selling price. The designs that he took extra care and time to do, he would set at higher price and his pieces that were a big hit with being funny, he would set at a lower price as he believed everyone should have one! Over a two-year period, Ted made over £100,000 from selling his merchandise online. When Ted went back to his full-time job, he decided to continue making his passive income through the selling of his merchandise and now makes about £2,500 monthly.
What Ted also loved about Merchr was the fact he had to take no risks. With Merchr holding all the inventory and only printing on demand, even when the order is just one item, Ted did not have to bear the uncertainty of ordering and storing his own stock. Ted only paid the product cost once his customer had ordered and paid and did not have to worry about shipping it to his customer himself.
The opportunity of making a passive income has become very popular in recent years due to the changing environment and changing consumer behaviours. Having a continuous stream of income allows for Merchr users like Ted to generate more disposable income for themselves or contribute toward their essentials such as bills and rent. Merchr has made merchandising this once complicated and risky process of selling your own merch, an easy, quick and risk-free activity.
For more about how you can create or expand your own merchandise and how Merchr can work for you, read our merchandising strategy here.