What do they have in common?
They all made their fortunes as forward-thinking fashion designers.
But theres another name to add to that list: Elaine Heney.
Image courtesy Elaine Heney
Never heard of her?
Dont worry; youre not alone.
No Interest Til Almost 2027?
Earning Power
Heney is something of a serial entrepreneur.
Shes sold mobile apps in the iTunes app store,private label products on Amazon, and now T-shirts.
Amazon lets you set your own price for each shirt.
The suggested price is $19.99, which earns you around $8 in profit.
Each shirt is eligible for free Prime shipping, as well.
I applied in November 2016, and Merch approved me in late January 2017.
Your Merch account works in tiers.
At first, it will only allow you to have 10 designs.
Once you sell your first 10 shirts, youll level up to 25 designs.
Once you sell 25 shirts, Merch will bump you up to the 100-design level, and so on.
While you wait to be approved, you’re free to get started in a couple of ways.
Read more about this processhere.
And thats an important point to make: Amazon didnt invent this business model.
Print-on-demand companies have been around for years.
The biggest difference between Amazon and these other marketplaces is the traffic volume and its not even close.
All those extra shoppers on Amazon add up to a lot more free exposure and potential sales.
3.Seasonal topics: Valentines Day, Christmas, Halloween, Fathers Day, etc.
Ill second the trending topic idea.
Heney said anything under 100,000 in Clothing is probably making consistent sales.
She hires freelancers onUpworkfor her more complex designs involving images.
(When ordering in bulk, you could get designs done for as little as $4 each.)
Surprisingly, sometimes the simplest designs sell best.
Once you apply for an invitation, it’s possible for you to download a template directly from Amazon.
Pick up to five colors you want your shirt to be available in.
(Amazon suggests the most popular colors to help.)
Amazon will show you the estimated royalty at each price point you punch in in.
Your shirt will go through an approval process before it goes live on Amazon.
On average, the approval process takes about 12 hours, but it can sometimes take a few days.
Its also clear that this is a bit of a numbers game to bring in a full-time income.
Nick Loper helps people earn money outside of their day jobs.
Hes an author, online entrepreneur, and life-long student in the game of business.
It sounds appealing right?
Check it out here!
