In today’s episode we share how you can start making a full-time income by selling T-shirts online on a new platform called Teespring!
Making money on Teespring – Episode Highlights:
- How Benny Hsu segued from an app business to making full time income by selling T-shirts on Teespring.
- Where to find designers for your T-shirts, and how much should it cost?
- How to get traffic to your Teespring campaigns without breaking any sweat (or the bank)!
- How to find and tap into the hottest trends and themes that already work on Teespring .
- How to get started right now!
Today’s Guest: App developer & T-shirt Entrepreneur!
I first met Benny Hsu at the 2013 New Media Expo in Las Vegas. Back then, he was the latest and hottest app developer success story. I’ve just interviewed him as a cover story for the Inspiring Innovation magazine, and we became good friends.
Benny’s story became a mini-legend. After all, he went from working at his family’s restaurant, to developing apps. Then, his first app, ‘Photo365’, generated over $31,000 in sales in under 30 days!
Benny went on and created more apps, mostly following his “365” theme. None of them was as successful as the first one, and last I spoke with him he was dabbling with app re-skinning.
From App Re-Skinning To Selling T-Shirts On Teespring
App re-skinning is an easy way for anyone to get into the app development game. By buying one ready-made app and only changing its graphics, you create tens if not hundreds of apps… fast.
With each app generating a few tens, or even hundreds, of dollars every month, the more apps you re-skin – the more money you make.
The problem is that as app re-skinning is just changing the graphical design of an app. You’re not adding any value to the end user. That makes it too easy for competition to grow… and that’s exactly what happened.
Competition in the re-skinning world grew quickly, and exponentially. Today, using app re-skinning as a business model to generate a full-time income has become hard.
Seeing where the market was going, Benny resolved to pivot. He had a business re-birth, and created something completely new.
Making A Full Time Income By Selling T-Shirts Online
It all started with an interview Benny was listening to. Some guy was making a six-figure monthly income by selling T-shirts. What interested Benny was that he was using a new platform called ‘Teespring’.
You should know that Benny has been thinking of selling t-shirts ever since he read the 4 Hour Work Week. He just never had an option to make it happen; The set-up costs were always too high, the profit margins too low.
But listening to that interview, Benny knew that Teespring will change everything.
What Is Teespring
Teespring is for apparel what Kickstarter is for startups. It allows anyone to create a t-shirt design, and set up a fundraising campaign to get it made.
When a campaign meets its sales goals, Teespring handles everything. They take care of the charging, producing, manufacturing and shipping of the t-shirts to all the buyers. All the designer has to do – is to collects the profits.
If not enough people agree to buy the shirt, the campaign failes. In such case, the customers doesn’t pay a penny, the t-shirts are not made, and nobody loses any money.
This new model removes all the old risks of manufacturing first, validating later. With Teespring, you confirm the market wants it, before you make it. And when they want it – you don’t need to worry about producing it. Teespring takes care of it for you!
Launching A Successful Teespring Campaign
As you will hear in today’s episode, Bennie’s start with the platform was far from perfect. In fact, his first 21 campaigns failed to get funded(!).
But perseverance paid off… big time. Campaign 22 was a hit, and Benny has cracked the code. Once he had his first win, Benny repeated what worked and ditched what didn’t. He was quickly making a full time income selling T-shirts online!
Listen to today’s episode to learn:
- How Benny managed his experiments
- What stats did Benny measure to determine what designs he should pursue
- How Benny kept his experimenting costs to the bare minimum.
It is extremely possible that you can sell your first hundred T-shirts online before New Year’s! But if will happen ONLY if you don’t miss out, listen to today’s episode, and then… take action!
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I’ll be taking a short holiday until 2015. I want to wish you happy holidays, Merry Xmas, happy Hanukkah, and a fantastic and exciting new year!
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