Business How-To's
29 August 2023
3D printing is a booming industry that has been steadily gaining traction over the past decade. Known for its ability to turn a simple digital design into a tangible product, it has revolutionized a myriad of sectors including manufacturing, medical, and even the culinary world.
However, the opportunity doesn't just lie with large corporations and industry giants - everyday individuals and smaller businesses are also tapping into the 3D printing game, to create unique products that offer substantial financial rewards.
If you've been mulling over how to make money 3D printing, you're in the right place.
Whether you're planning to sell 3D printed items on Amazon or offer local 3D printing services, we've got you covered. Here are seven exciting 3D printing business ideas to kick-start your selling:
Image taken by Allen Zagel
Perhaps the most popular way to jump into making money with your 3D printer. With some basic design or CAD skills, you can easily personalize a number of 3D printed products such as keyrings, door signs, pet collars or anniversary gifts - to name a few. Although there’s definitely demand for these products, usually the profit margin isn’t the highest, so you can end up working a lot of hours for very little return.
Selling 3D printed personalized items comes with both rewards and challenges. Before you dive in, it's crucial to thoroughly research the market, understand the technical requirements, and have a clear plan. But with creativity, diligence, and perseverance, it can be a somewhat profitable and satisfying business to run.
✔️ Creativity & Customization
✔️ Low Start-Up Costs
✔️ On-Demand Production
✔️ Niche Market Opportunities
❌ Time Intensity
❌ Technical Expertise
❌ Competition
❌ Quality Consistency
Image taken by Rhys Oldfield
Not everyone has access to a 3D printer, but many people might need something printed. You could offer to print and ship items for customers who need something specific, but lack the equipment or knowledge to do it themselves. This can be especially useful for other businesses who need prototyping before they go into production, medical devices or architectural scaled models.
Starting a business offering 3D printing services can be a lucrative opportunity due to the wide variety of industries you can serve and the potential for high profit margins. However, the success of such a venture requires a significant initial investment, technical expertise, and the willingness to stay updated with the evolving technology. If you can balance these challenges with the potential rewards, providing 3D printing services could be a rewarding and profitable business to run.
✔️ Broad Market Opportunities
✔️ Low Overhead Costs
✔️ Eco-Friendly
✔️ High Profit Margins
❌ High Initial Investment
❌ Technical Expertise
❌ Evolving Technology
❌ Time-Intensive Projects
You don't necessarily need to print anything to make money in the 3D printing industry. If you're artistically inclined or have a knack for digital design, you can create and sell 3D models. Platforms such as Shapeways, Thingiverse, or CGTrader allow designers to upload and sell their digital files to be used by 3D printer owners around the world.
If you do choose this path without owning a printer, it is a good idea to work alongside someone who can print so you can run test prints. Most sites have a rating system buyers can use to say how well the file printed, too many "less than perfect" ratings and you will see a dramatic drop in sales.
The creation and sale of 3D models present both an exciting opportunity and a unique set of challenges. For those with design skills and a creative mindset, it can be a lucrative way to leverage their abilities and generate passive income. However, it requires careful consideration of the competition, understanding of the market demand, and strategies to protect your intellectual property. With willingness to do thorough research and planning, making money through designing and selling 3D models can be enticing and effective.
✔️ No Physical Inventory
✔️ Creative Freedom
✔️ Global Reach
✔️ Passive Income
❌ Substantial Design Skills
❌ Significant Competition
❌ Intellectual Property Rights
❌ Changing Market Demand
This one we know even more about… have you heard of our Training Suite? As 3D printing continues to make waves across multiple sectors, from manufacturing to medicine, the demand for knowledge in this area has skyrocketed. This trend has created a lucrative opportunity for experts to provide educational 3D printing workshops or tutorials.
There are many ways you could attack this method, depending on your own knowledge level or those around you. You could go niche, focusing on a particular printer, material or print genre - although this could limit how much you’re able to offer and how large your target audience is. Or you could teach the full 3D printing journey from beginner to master. Or even teaching design & CAD skills. Not to mention the options of one-off classes, subscription classes or high-ticket courses within this particular business model.
Offering 3D printing workshops or tutorials can be an inspiring and profitable business. It capitalizes on a growing market, allows for flexible working conditions, and offers the chance to share your passion with others. However, it also requires a considerable time investment, technical knowledge, and possibly significant equipment costs. It's crucial to thoroughly research and plan before starting, to ensure that you're prepared for both the challenges and opportunities that lie ahead.
✔️ Growing Demand
✔️ Share Your Passion
✔️ Flexible Format
✔️ Potential for Good Profit
❌ Time-Intensive
❌ Technical Knowledge
❌ Market Saturation
❌ Equipment Costs
3D printing technology has revolutionized the process of producing replacement parts. Even with the internet being the vast access point it is, with many classic items being discontinued, it can be near impossible to find these rare parts. Whether it's a unique component for a machine or a tailor-made replacement part, 3D printing allows for precision and customization on a scale that was previously unimaginable.
The market for custom 3D printed parts presents a unique opportunity for entrepreneurs who have the technical skills and creativity to meet the demand for personalized components. However, it's essential to consider the high initial costs, technical expertise needed, and the time required to create custom parts. With careful planning and strategic decisions, creating and selling custom 3D printed parts can be an enjoyable and profitable option.
✔️ Demand for Customisation
✔️ Profit Margins
✔️ Innovation and Creativity
✔️ Low Stock Requirements
❌ High Initial Investment
❌ Technical Expertise
❌ Time-Consuming
❌ Quality Control
The integration of technology and art has opened up a world of opportunities for artists, one of which is 3D printed art. This unique blend of creativity and technology allows artists to create intricate sculptures, jewelry, and other artworks that were previously unimaginable.
Selling 3D printed art can be an exciting and lucrative venture for artists who are comfortable with technology and willing to invest the time and money required. The potential for creativity and personalization, along with the unique value proposition, can make it a rewarding business. With perhaps less planning and strategy possible, this venture can be less predictable but also more profitable.
✔️ Infinite Creativity
✔️ Unique Value Proposition
✔️ Personalisation
✔️ Low Production Cost
❌ High Upfront Investment
❌ Technical Expertise
❌ Time-Consuming
❌ Market Acceptance
Image taken by Roy Steiner
Functional solution-based products, as the name suggests, are goods specifically designed to solve a problem or meet a need. These items offer more than aesthetic or novelty value; they serve a practical purpose in the consumer's life.
As with all these potential money-making methods, selling solution-based 3D printed products comes with some challenges, but it is definitely the most under tapped source of profit with a 3D printer currently. Having the ability to reach potential customers and effectively comprehend the benefits of your product is a skill in itself so this might not be for everyone, you can’t just be nifty with a 3D printer - if anything that’s the least of your worries and could actually be outsourced!
✔️ High Market Demand
✔️ Customer Loyalty
✔️ Premium Pricing
✔️ Innovation and Creativity
❌ Research and Development
❌ Similar Competition
❌ Patent Issues
❌ Product Lifespan
If you’re interested in learning more about making money selling functional solution-based products click here to enter our free business basecamp - there’s a vault of useful training on how to sell 3D prints.
Although we can’t specify exactly how much a 3D printing business makes, all of these examples, as you can see, offer a vast and versatile range of opportunities for profit. It's a realm that encourages creativity, innovation, and practical solutions, making it an ideal venture for those looking to transform their 3D printer into a thriving business.
Whether you're selling 3D printed products or offering educational services, remember to continuously explore, innovate, and adapt to the evolving needs of your target market.
So, go ahead unleash the potential and make money with a 3D printer — it might just be your ticket to a rewarding entrepreneurial journey.
If you’ have any feedback on these ideas for 3D printing business let us know below.
Looking for some examples of 3D printed items that sell?
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Ed Tyson
Having successfully scaled multiple ecommerce businesses on a variety of platforms & been featured in online 3D printing publications, he's now looking to help you increase sales of your 3D printed products and identify higher-margin product opportunities to build your wealth.
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