4 Ways You Can Profit from 3D Printing

The introduction of 3D printing technology has dramatically changed many manufacturing processes. At the same time, it’s created many new opportunities for entrepreneurs.

The additive manufacturing process, or building objects by adding layers, allows complex, customized shapes to be made with precision and at a low cost. 3D printing is a great solution, whether you’re making artistic pieces, manufacturing goods, or providing a service.

Here are some ways you can make money with a 3D printer.

Offer 3D Printing Services

If you don’t already own one, you will need to select a 3D printer that meets your budget and produces quality output, while offering versatility and user-friendly operation. After you buy a printer, you can expect a period of learning and experimentation before you are able to get full use from it, for instance learning design software.

When you’ve gained some expertise, you could provide a 3D printing service similar via online printing networks like 3D Hubs or MakeXYZ. These networks allow you to list your printer and services and accept orders from people who need their own designs printed. Most of these networks are turnkey solutions that include invoicing and shipping functions.

This is a good money-making concept if you don’t want to worry about maintaining inventory or making large shipments.

Print and Sell Products

There also are many e-commerce platforms that let you establish a store and begin making and selling a range of 3D-printed products of your own. It’s easy to create your online store through sites like Shapeways, which is exclusively for 3D printed products.

You could also sell your products through popular outlets like Amazon, eBay, or Etsy, or launch your own original website. Most web hosting companies now offer a selection of e-commerce platforms you can quickly install. All you need to do is create one item for photo listings and print additional pieces as orders come in.

There’s little financial risk beyond your own time and a good supply of the printing filament. If you’re willing to advertise and ship your product to customers, you could develop a steady cash flow. This is a business you could start right from the comfort of your home.

There’s always a market for toys, jewelry, figurines, and similar items. You just need to come up with a few appealing or useful product ideas, and start selling them on the internet.

Rapid Prototyping

Prototyping could be a good option if you understand how to network and promote your skills. You can find a lot of business through referrals by connecting with people on social media or industry forums who can put you in touch with new clients. If you can deliver products to specifications, you can make money prototyping.

Many businesses, engineers, and inventors will have ideas that need to be put into physical form before they can be tested and produced. Others may want finished items copied for presentations and sales. Traditionally, prototyping is a long and expensive process before the final product design is perfected and may require several iterations.

This creates window of opportunity. Making changes and reproducing prototypes on a 3D printer is fast and cheap compared to other methods. You clients will save precious time and money if you can create their prototypes as a service.

Hold 3D Printing Training Courses

As 3D printers become more affordable and more common, you could hold training sessions to teach others on the tips and techniques they should know to get started. Many people will pay for instruction that helps them develop their own skills faster.

You can not only make some extra money, but have fun working with people who share your passion for 3D printing. You also get the satisfaction of helping people build self-confidence by sharing your knowledge of proper techniques, safety, and trouble shooting.

Depending on your own schedule and resources, you could hold a series of classroom sessions or operate as a private tutor using your own printer for demonstrations.

Final Thoughts

In summary, 3D printing technology continues to evolve and expand. You can take advantage of this to start your own business, whether by offering 3D services or training, or creating and selling your own line of original products. Your 3D printer could be a source of income as well as a fascinating and rewarding hobby.

About the Author

Lisa Michaels is a freelance writer, editor and a striving content marketing consultant from Portland. Being self-employed, she does her best to stay on top of the current trends in the business world. Feel free to connect with her on Twitter @LisaBMichaels.