Passive Income from Greeting Cards? Sign Me Up
Have you ever considered using your sharp humor to generate extra money? Do you enjoy cute illustrations or heartfelt greetings? Look no further, my friend, since you can earn passive income from greeting cards. Here are three approaches to consider:
Method 1: Submitting to Greeting Card Companies
When you write greeting cards, you could earn passive income by submitting your work to companies that specialize in it. While it may appear straightforward, recognizing your work might be difficult.
Here are the fundamentals:
- Established companies usually offer a decent payout (around $50-$100 per accepted card, with bonuses available).
- Some companies offer royalty percentages for popular cards that sell well over time.
- You don't have to worry about distribution, marketing, or logistics.
- You'll be competing against a lot of other writers for limited spots.
- Most companies have specific themes or styles they're looking for, so it can be tough to find the right fit.
- It can take a while to hear back from companies and even longer for cards to hit the market.
Method 2: Print-On-Demand Services
Print-on-demand services could be the answer if you want more control over your greeting card empire. These services allow you to upload your designs and have them printed and shipped to customers as ordered.
Here's what you should know:
- You can sell cards with your designs and messages and completely own the creative process.
- No need to worry about production or shipping.
- Some services let you sell your designs on other products, like mugs or t-shirts.
- You'll be responsible for marketing and promoting your work.
- Competition can be steep, especially using popular services like Zazzle or Society6.
- Depending on the service, you may not make much per sale.
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Method 3: Handmade or Boutique Cards
Consider crafting your own handmade or boutique cards if you enjoy crafts or prefer a unique approach to greeting cards. Here are some of the reasons why you should:
- You're creating one-of-a-kind products that can stand out in a crowded market.
- You can charge a premium for handmade or small-batch cards.
- There's more room for passion projects and experimentation with styles and themes.
- Handmade cards can be time-consuming and may not be as scalable.
- You'll be responsible for all the production, distribution, and shipping.
- Marketing and reaching a wider audience can be difficult, especially without the backing of a well-known company.
Ultimately, when you write greeting cards, it can be a pleasant and creative pastime you can earn passive income. The strategy you use should be determined by your particular tastes and what you hope to gain from the encounter. Remember that no matter your path, some work will be involved, but the result might be well worth the effort. Lastly, here is a nice article listing 21 companies that will help you earn money with greeting cards.