Want to know how to get paid on Printful? If yes, it’s your great day. You can get paid on Printful in a lot of ways as the platform’s partner and it takes a few clicks to initiate profits withdrawal on the platform. Read this article till the end to learn how to get paid on Printful.
- Printful Payments: Costs to Keep in Mind
- Printful Payments: How to Calculate Your Profits
- Printful Payments: What Happens When You Get an Order
- Printful Payments: How Payments Work on Your eCommerce Store
- Printful Payments: How Payments Work With Printful
- Printful Payments: Why You Should Consider Printful
- Printful Payments: How to Speed the Payment Process
To know everything about getting paid on Printful? Peruse this article till the end.
1. Printful Payments: Costs to Keep in Mind
To get paid on Printful, subtract your expenses from the amount you earn on the platform. Before you set the price for an item, factor in the shipping, tax, and other important fees. Charge a shipping fee that will be enough to fulfill an item to a customer but don’t offshoot the fees to avoid cart abandonment.
You can even increase your item fee and make shipping free (with this strategy, ensure the cost of the goods covers your profit and delivery fees).
Don’t forget, Printful may require you pay tax on all orders—the amount depends on your target customers’ location. That said, you may consider adding an extra fee on the product’s price to cover the tax levy. Lastly, remember to add the cost of advertisement, ecommerce platform usage charges, and designs to your good’ price.
2. Printful Payments: How to Calculate Your Profits
To receive your earnings on Printful, know how to calculate your profits. Check the price of an item you intend to sell from the supplier. Decide how much gain you desire to make on each product.
For example, if an item costs $12.00 and you intend to make 20% profit—you buy at $12.00 and resell the same good at $14.40 to gain $2.40 (20 times $12.00 divided by 100). If you sell 20 pieces of the item a day, you make a whopping profit of $48.
You can repeat the same calculation for different products you sell and understand how much profit you stand to make a month selling on Printful. Don’t forget, you can increase your profit margin by augmenting your gain percentage.
3. Printful Payments: What Happens When You Get an Order
To earn profits and get paid on Printful, familiarize yourself with what happens when you get an order. Printful fulfills your orders automatically. However, you have to first set your primary billing method. Printful uses two fulfilling methods: Warehousing and print-on-demand models.
Choose the method that works best for you. To make the shipping even faster, ensure your product’s design follows Printful’s content and printing guidelines.
4. Printful Payments: How Payments Work on Your eCommerce Store
To withdraw your funds on Printful, find out how payments work on your ecommerce store. Printful creates a Wallet for you automatically when you sign-up. The platform processes your payment faster with the Printful Wallet. You pay the fulfillment costs each time you receive an order and product fees directly from your Printful Wallet. Note that if you do not have sufficient balance in your Printful Wallet to cover the fulfillment costs, the platform fails to initiate your order fulfillment.
To add money to your Printful Wallet, login to your account and open Billing in the admin section. Select Printful Wallet and click Add money. Indicate how much to deposit and select how to deposit it—either through PayPal or credit card. Don’t forget, if you do not set your primary payment method and your Printful Wallet is empty, your orders show up as failed and will never be successful until you add your primary billing method.
5. Printful Payments: How Payments Work With Printful
To get paid on Printful, grasp how payments work with the platform. Check below to know how the platform pays sellers:
- Printful wallet. Use Printful wallet to easily get paid. Provide your banking details during the sign-up process. After the platform verifies your bank account, expect your money into your bank account automatically every week.
- Direct deposit. This payment method is direct and simple to use. The platform directly pays your earnings into your bank account automatically.
- PayPal. Printful also pays you via PayPal. Link your PayPal account to your Printful account and receive your earnings weekly or monthly.
- Check. Another alternative to get paid by Printful is via check. Provide your email address and expect the check biweekly.
Explore any if the four alternatives and choose the best option for you.
6. Printful Payments: Why You Should Consider Printful
Why should you consider selling on Printful in the first place? The reason is not farfetched. First, you don’t need to make any upfront payment to sell on Printful. Once you have a computer and access to the internet, you’re ready to sell and make decent revenue on the platform. What’s more? You don’t have to worry about storing, printing, or shipping whatever it is you sell. With that, you have time to promote your store so you can drive sales and generate more revenue. Trust Printful for top-notch products and high quality services.
Also, Printful uses latest machines to print high-quality products so that your final products come out great and build to last.
>>> GET SMARTER: How to Add Products on Shopify
7. Printful Payments: How to Speed the Payment Process
To get paid quickly on Printful, know how to speed the payment process. First things first! Add your desired payment method before you initiate a withdrawal. Choose either PayPal, check, direct payment, or Printful Wallet. Login to your account and navigate to the “Billing” section. Click on “Payment Methods” and add your banking method—or any other payment option you desire. Next, click on “Withdraw.”
Recap
Getting paid on Printful is simple and straightforward. Know the expenses to make as you sell on the platform, how to determine and calculate your profits, and familiarize yourself with what happens when you get an order.
Also, discover how payments work on your ecommerce store and know how payments work with Printful. Understand why you should consider Printful and find out how to speed the payment process.
