POD mode, that is, Print On Demand is a new customized service model. It allows consumers to print personalized patterns, text, etc. on a variety of products, such as T-shirts, hoodies, sportswear and other goods, so as to form characteristics or unique personality goods, it is the biggest difference with the traditional inventory model is actually on-demand production and personalized customization.
Then, which model is more suitable for small partners to open cross-border e-commerce business?
EZEJ Technology here suggests that small partners, starting with the pod model cross-border e-commerce has more advantages, the following EZEJ technology is here for you to introduce in detail, the advantages and disadvantages between the POD model and the traditional inventory model.
First, let's look at the characteristics of POD mode:
No upfront costs: No need to buy the product in advance, you only pay the customer when they buy your product.
No inventory: Since there is no inventory to begin with, you don't have to think about inventory management, which means you don't have to pay for warehousing or inventory management.
Risk reduction: Lower upfront costs and no slow-moving inventory will reduce your risk of losing money.
Unique product offering: By being able to customize products with your own design, you will be able to produce unique product offerings that set you apart from other competitors.
Scalability: Compared to the regular business model, print on demand allows you to easily scale your business, and production and distribution are handled by print on demand suppliers who have the facilities and expertise needed to support your growing business.
Cross-border business: Print on demand enables you to easily deliver products to other countries at an optimized cost and seamless process.
What are the advantages and disadvantages of the traditional inventory model?
Advantages:
Fast order fulfillment: Since inventory is pre-prepared and ready to ship, when an order arrives, it can be processed immediately, including packaging and shipping, and faster order fulfillment can improve customer satisfaction.
Bulk purchase discount: When buying products in bulk, you can enjoy more competitive prices offered by suppliers, which reduces the cost per unit and improves the profit margin of the product.
Complete control of inventory: Having inventory means you can more easily track your current inventory, know which products are about to sell out, when and how much to replenish, and stay on top of the situation and respond quickly in the event of unexpected disruptions, production delays, or other emergencies in your supply chain.
Better quality control: In addition to quantity, you can closely monitor the quality of your products to ensure that every product delivered to your customers is in good condition.
Disadvantage:
Higher upfront costs: Buying and keeping inventory requires a lot of money. Not only do you need to pay for product purchases, but you also need to bear the warehousing and labor costs to maintain your inventory, which can increase further if you can't fully sell your inventory.
Higher risk: The more you pay for inventory, the higher the financial risk if you can't effectively market and sell it. The continuous injection of capital to replenish inventory is also a major challenge and can affect the success of the entire business.
Complex process: Inventory management is a complex process that requires a lot of time and effort. From accurate inventory tracking and effective inventory rotation to product retention and maintenance, careful planning is required to ensure smooth business operations.
Limited product selection and customization: Often, traditional inventory models limit further customization of products and options to increase competitiveness.
Comparison of POD with traditional inventory:
From the above introduction, we can see that the biggest difference between POD model and traditional inventory model lies in the order of production and sale, one is to sell, reproduce, and the other is to produce and then sell. From this part, it is obvious that the POD model is more controllable than the traditional inventory model, and can test more styles at a lower cost. Quickly in the e-commerce to start.
Of course, because of the different order of production and sale, the disadvantage of the POD model is quite obvious compared with the traditional inventory model, that is, the speed of order delivery is two to three days behind, but for most cross-border newcomers, or inexperienced cross-border sellers, although the time limit is important, but the control of the cost of testing is obviously more important.
EZEJ technology here suggests that you must fully understand the rules of the major cross-border platforms, and then find the points that can break through, such as whether the goods can be pre-sold, the requirements of the delivery time is how much, if not met whether there is a penalty, so as to develop your own inventory strategy, EZEJ technology not only provides a POD on-demand customized model, It also promises to send a piece of the world, the fastest 48 hours for you to ship, to provide you with a small single fast anti-pattern flexible supply chain, fully help your cross-border e-commerce journey.
Comparison of domestic POD suppliers and foreign POD suppliers:
POD model in addition to the cost is controllable, you can test the new model without cost, but also provide personalized customization services, that is, the traditional POD model, you can provide the function of online design to consumers, let each other design their own special goods, and this kind of customized goods, the major platforms are quite tolerant on the time. It can perfectly solve the problem of timeliness compared with the traditional inventory model, but it is important to note that the traditional POD model has its own advantages and disadvantages, whether it is to choose domestic suppliers or foreign suppliers.
The biggest advantage of domestic suppliers is that relying on the domestic production chain can greatly reduce the cost of your customized goods, but the disadvantages are also obvious. Compared with foreign suppliers who are already abroad, the timeliness of your goods will inevitably be affected. Of course, in the case of customized products, the timeliness of comparison is not only the timeliness of transportation, but also the timeliness of production. At this point, foreign suppliers because of the production chain, not only the price is more expensive, the cost is higher, the profit is greatly reduced, but also in the process of customization of goods, greatly delay the time, EZEJ technology suggests that cross-border e-commerce is so popular in the country, one of the most important profit points is relying on the advantages of the domestic production chain, whether it is cost, Or the production speed, are far more advantageous than foreign countries, the combination of the two, the advantage of foreign POD suppliers, often will be smoothen, it is recommended that you choose a domestic efficient POD custom supply platform to ensure your cross-border advantages.
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After reading this article, I believe that many small partners have a certain understanding of the pros and cons of POD and traditional inventory models, and must have a judgment in their hearts. EZEJ Technology here wishes you all partners to travel abroad, sweep the world, deliver personalized goods to all parts of the world, and establish your own e-commerce “ The Silk Road ” .
