To make money with a laser engraver, you can provide laser engraving services to clients or sell engraved products. Some of these offerings include custom gifts and items, badges, trophies and badges, and more. You can also make money borrowing laser engravers.
Here is a detailed discussion on how to make money with a laser engraver:
1. Provide laser engraving service
The first way to make money with a laser engraver is to provide laser engraving services to customers. Customers will bring in items they want laser engraved, so it's your job to etch their designs onto the object.
How do I charge for this service?
When pricing laser engraving services, you should consider factors such as the time it takes to complete the engraving job, the difficulty of using certain materials, and your profit margin (ie, how much profit you want to make). Aim for a 30%-50% profit on each engraving job.
2. Sell engraving products
Another way to make money with a atomstack laser engraver is by selling engraved products. For example, you can create and sell custom gifts such as
metal business card
engraved ring box
People love monogrammed items, so it's a good idea to make an item with someone's name engraved on it with a simple design. You can also use laser engraving for badges, plaques and trophies.
3. Lend a laser engraver
Finally, you can earn money by lending your laser engraving machine to other people who may need it for work. You can rent the machine for a certain period of time or charge for the hours of work done. The hourly rate is usually the most profitable option because it allows you to charge more for longer jobs.
I earn commissions on purchases made through some of the links in this post. You don't need to pay extra. View my full disclosure here.
How do you find potential customers?
A great way to find potential clients is to reach out to those around you. Start with family members, neighbors, and local small businesses. You may find your target market through word of mouth.
Ask small business owners in your area if they need marketing products for special events. They might sponsor a local sports team and need engraved gear or medals.
Where can I sell laser engraved products?
In fact, there are plenty of places to sell them. This is the best way.
Selling via eCommerce
If you're looking for ease of use, the Etsy marketplace is a great place to sell your work. Create an online store to sell everything from jewelry to art to home decor. You can also accept payments using PayPal.
Another popular option is eBay. It has become one of the largest online marketplaces with millions of active buyers and sellers. You can list everything from electronics to clothing to collectibles. I don't have any experience selling on eBay, but if they're still around after all these years it must mean something.
If you're looking to make money selling goods online, Amazon.com is a great place to start. With more than 200 million customers worldwide, Amazon is the largest e-commerce marketplace in the world. Since Amazon sells so much, it makes sense that they also offer a lot.
One such service is Fulfillment by Amazon (FBA). The service allows you to store inventory in Amazon's warehouses and ship orders directly to customers. This means you can order in bulk without having to keep huge inventories in the basement. Sounds good right? !
Sell via social media pages
There are several other ways to sell items on Facebook. You can list items on Facebook Marketplace, which is similar to eBay. You can also use Facebook groups to sell items. Finally, you can use Facebook Ads to promote your listing.
If you're looking for a place to sell engravings, Instagram is a great place to go. It has over 1 billion monthly active users, so you should expect to find plenty of buyers. Additionally, Instagram allows you to upload photos and videos directly into your posts. This makes it easy to share images with your followers.
While the online selling industry is growing, there is still a huge market for in-person selling. Old-fashioned options like flea markets and brick-and-mortar pop-up stores are still good options.
Sell through your own online store
An often overlooked way to sell is through your own website. Writing blog posts featuring your custom designs is an excellent way to not only sell merchandise but also help your future customers with tips and information.
Is Laser Engraving a Good Side?
Yes, laser engraving can be a great side hustle. It has low overhead and gives you the flexibility to work on your own schedule.
A laser engraving business can easily be scaled up to bring in additional income on a seasonal basis. For example, you can add new product lines as trends change or the upcoming holiday season.