Working for 20 minutes a day, earning crores of rupees a year, this is a job that no one wants. Francisco Rivera, 26 years old, from Orlando, Florida, USA, earns like this. Rivera, who used to work part-time at an online tutoring company, was looking for another job after her income dropped post-Covid. The 26-year-old fills his pocket by selling printed-on-demand candles.
Rivera opted for a print-on-demand approach where designs are prepared, listed on e-commerce websites and sold on demand. Instead of the t-shirt and mug that many followed, Rivera’s winning strategy was to design candles. According to estimates from the e-commerce website, sales of $4,62,000 were made last year. That means a turnover of Rs 3.8 crore every year. Rivera estimates a 30-50 percent profit on sales. According to this, this 26-year-old man is a millionaire.
Rivera’s experience is that he must work from 20 minutes to two hours a day. Most of the time is spent finding movement patterns and designing candle labels. The rest of the time, Rivera said, he focuses on his music career. Rivera says print-on-demand is a low-risk business model. The cost of an e-commerce app and design costs are included. The challenge is to copy the designs. Paid 55,000 dollars in fees to the e-commerce website last year. But candles are a new category in this print-on-demand space. The entrepreneur also says that it was estimated that there would be good potential.
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2024-04-18 11:41:00
