The 3D printing industry has been growing at a frantic pace over the last few years as different industries continue to commercially adopt the technology. According to Wohlers Associates, the 3D printing market grew 28.6 per cent in 2012 and by 2020, sales of 3D printing services and products worldwide could equal $6 billion. A lot of companies and individuals have been raking in 3D printer profits. So, if you have been considering starting your own business, this could be a golden opportunity for you. The revolution has just begun and you can capitalize on the situation by being a relatively early entrant. Of course, you need capital investment. But at the same time, you can expect good returns on your investment.
Here are some ways you can make 3D printer profits.
Selling customized products
3D printers so far have produced different products such as smartphone cases, guns, guitars, violins and toys and all of them have been accepted well in the market. You can either design the same products or other customized products from your home for different customers.
Selling 3D designs online
To sell 3D designs online, you ideally need to first have a certain level of design aptitude. The market for customized 3D products is evolving fast and giving rise to new demands almost every day. You can either provide niche 3D designs such as aerospace equipment designs or medical equipment designs or new toy designs. Either way, you will go into a lucrative market. All that the initiative needs are a website, contacts, and relentless promotion.
Financially investing in 3D companies
This makes sense mainly because 3D printing is experiencing a revolution and the only way to go for the industry is upwards. Though 3D printing has been around for a long time, companies and individuals have only recently been commercially focusing on it. So, you can consider this a new and profitable investment option and consider buying stocks of 3D printing companies. While buying 3D printing stocks is generally a good idea, buying start-up stocks is probably a smarter move because the stock prices will be less compared to that of established 3D printing companies.
Providing printer repair services
3D printers, of course, are going to need doctors at different stages. The demand for 3D printing technicians is going to grow exponentially shortly. Note that you need to have niche skills and experience to service such printers. The best way to get started is to launch a website and an online support forum. While you solve problems of both customers and non-customers online, both your presence and credibility will grow.
Selling printer parts and software
Both companies and individuals are now buying 3D printers and they are going to need printing parts, materials and software. So, you can sell printing materials such as PLA Filaments, Graphene and ABS or software such as CAD tools. You can also provide getting started guides and user's guides along with the software. Remember that Amazon also has opened a 3D supplies section after reviewing the high demand for 3D printing supplies. So, the initiative does make good business sense.
Generally, when shopping for the best 3D Printing filament, there are numerous features of materials you ought to consider. Whereas it can be quite challenging figuring out whether you need a PLA, PVA or ABS 3D printer filament. For best quality printing you have to make sure your are buying the right one.
Himel chakma