Personalised Product Market to Hit £24bn by Next Year
New research commissioned by HP shows that the global value of the personalised product market is expected to reach £24 BILLION by 2021, representing an increase of 55% from 2016. The study also found that 70% of online shoppers are willing to pay at least 10% more for a customised product.
A report compiled by InfoTrends and entitled 'Next Generation Personalized Printed Products' suggested that the market for custom printed goods would 'continue to experience strong growth over the coming years'. Deloitte conducted another study and found that 1 in 5 consumers would pay 20% more for a personalised product and that 46% of consumers would be happy to wait longer to get it.
Many other studies into the rapid growth of the customised product market have been carried out and they all point the same way: the growth will continue and increase exponentially. That means more and more print on demand companies are setting up and, if you want to get ahead of the game, you need a total turnkey solution. That solution is the Brick Factory.
The Brick Factory is a powerful, secure and ultra-efficient way to run your print on demand business. All of the state of the art technology that powers the Brick Factory is based in the cloud: you can effectively manage every aspect of your merchandising factory, in real time, from any internet-enabled device, without relying on installed software.
When you use the Brick Factory, your workflow is completely streamlined, resulting in massive time savings that allow you to concentrate more fully on the core needs of your business. Every bit of information you need is instantly available from your personalised factory dashboard, that can be used to access custom workflows that make your life easier.
We invite you to receive a demonstration of the remarkable abilities of the Brick Factory: it will take just an hour of your time, won't cost you a penny and will instantly put you ahead of the competition. Don't miss out: contact us today!