Teespring is awesome when it comes to selling custom-made t-shirts but how exactly do sellers get paid on Teespring? By now you should be aware that the Teespring platform remits a certain percentage of profit from the actual price of a product.
The profit goes straight into the pay-out section of the seller’s account on Teespring. To get paid on Teespring, a seller must first set up either PayPal or Payoneer account. Then link the third payment account to their Teespring account. Once that is set, withdrawal of money from a Teespring account can be done.
There have been instances of sellers getting stuck or confused during withdrawals on Teespring. In this article, We at Daniel’s Hustle will be taking a look at how sellers on the Teespring platform can collect their earnings.
Acceptable Payment Methods
The third-party payment giant Payoneer is accepted as one of the means to get paid on Teespring. Upon processing, pay-outs should be received within 24 – 48 hours.
PayPal is another payment method the platform utilizes. As with Payoneer, upon completion of the request process, pay-outs should be received within 24 – 48 hours. Users are advised to ensure that the PayPal account is fully functional and verified before they begin requesting pay-outs from Teespring.
Also, keep in mind that PayPal has a “Receiving Limit” which may result in the delay of payment from Teespring. To forestall further delays, provide additional account information to PayPal once you hit a certain payout threshold. Also, different countries have different receiving limits so sellers should be aware of this information by contacting PayPal.
Adding Payment Method on Teespring
The two acceptable payment platforms on Teespring are PayPal or Payoneer. For convenience, sellers are allowed to use both payment methods to request payment from Teespring. Simply make a choice of which platform to use or combine both.
With your PayPal or Payoneer ready, you can then head on to connect it to Teespring. The process of connection is easy, simple, and straightforward:
- Login to your Teespring
- Click on your email address located in the upper right corner.
- Next, click on the Settings options from the drop-down menu.
- Under the Connected Accounts section, choose your desire payment methods, either PayPal or Payoneer.
- In conclusion, enter your preferred payment method.
With the simple steps above, your accounts should be connected and you can request payments. Keep in mind that the user must verify the payment method in order to successfully connect the Payment account to Teespring.
Get Paid on Teespring
Getting payment on the Teespring platform is not hard although it takes a bit of processing. Whenever a seller request payment, the platform will thoroughly go through the details pertaining to the account. Teespring will check the balance on the account as well as the overall data before approving a payment request.
Also, upon setup of the preferred mode of payment, Teespring will verify whether the connected account is legit or not. For this reason, users are advised to completely set their payment method details correctly on Teespring.
After confirmation, the entire process of payment should be no more than 7 working days. The process is the same for new and old-time sellers as the platform strives to ensure the security of payments. A request for pay-out on Teespring can occur within 24 to 48 hours of dispatch of the product to buyers.
If a seller’s account has a minimum balance of less than $100, then a request for pay-out can happen every 3 days. This ensures sellers don’t have to wait for long before getting their earnings from Teespring.
Applying For Payment on Teespring
The main idea of going on the platform is to earn money. After a sale is made on Teespring, buyers make payments to the platform. The seller has to then request for payment of profits from the platform. Thankfully, the process is an easy one.
To get paid on Teespring, a seller should follow the processes listed below:
- Login to your Teespring account.
- Click on your Email address at the top-right corner.
- Next, click on the Home option from the drop-down menu.
- Select the Pay-outs option from the left side menu.
- A pop-up screen displays all your pay-out history as well as the total current pay-out amount available.
- Click on the Start pay-out option.
- Then choose your payment option.
- To finalize payment, click on the Request Pay-out button.
Next is to wait and allow time for Teespring to verify and confirm your pay-out request. As previously stated, payment takes up to 7 working days to process. Upon verification of a pay-out request, Teespring sends a confirmation pay-out email to the seller. After this, Teespring sends the requested pay-out amount to the preferred payment option account.
Just like with everything on earth, delays do happen. In such instances that a Teespring pay-out confirmation email doesn’t show up, kindly contact the Teespring customer support team at [email protected]. You are sure to get a response in less than 24 hours; alternatively, you can ask questions and get answers from the Teespring knowledge base.
Experiencing Longer Pay-out Time!
Teespring normally finalizes payment within 7 working days of applying. But public holidays or technical issues can prolong the payment process. Asides from these, we’ve seen sellers often complain of delays in payment as well.
If you fall into this category, then there are several reasons Teespring takes a little longer to pay you:
New Seller
Teespring policies state that an account can be eligible for pay-out only after 30 days from opening time to pay-out time. This policy affects new sellers who have made sales in less than 30 days. This is because verification of accounts takes place before a seller can get paid on Teespring. And this takes longer for accounts less than 30 days old.
Applying First- time for Payment
Sellers requesting pay-out on Teespring for the first time will get their payment late too. Teespring verifies the account and payment method to protect both the platform as well as the sellers’ earnings. Remain calm and wait for a pay-out confirmation email from Teespring.
Multiple Pending Pay-out Request
To get paid on Teespring might be delayed if a seller requests multiple pay-outs at a single time. It is best to complete a pay-out request first before putting in for another request.
Multiple requests at the same time can slow down the process of payment. So, it’s best for sellers to not request pay-outs simultaneously.
Fraudulent tactics
If a seller utilizes shady antics to get sales, it may lead to a delay when such sellers requests to get paid on Teespring. One common example is a seller linking multiple Teespring accounts to a single payment method.
Another dubious practice is if a seller unnecessarily inflates the price of merchandise than usual. This can lead to flagging of the account on rounds of suspicious behaviors. Practices like this will alert the platform and cause trouble for them during the verification of accounts. This can therefore cause unnecessary delays in the pay-out process.
Can I increase my Pay-out time on Teespring?
Certainly, it is possible to speed up the payment time of your Teespring account. A seller can increase how they get paid on Teespring by implementing some improvements on their accounts:
Implement Two-factor Authentication
To speed up the process of getting paid on Teespring, a user can implement two factor authentication. Another benefit of doing this is that it makes an account legit and earns the trust of Teespring.
Build up Sales History
For sellers who have been conducting business on Teespring for quite some time, the pay-out process can only improve. Constant pay-out from an account will get a faster pay-out than others when requested. This is because the platform considers a robust sales history as well as a pay-out when processing requests.
Maintain Pricing Discounts
Teespring offers pricing discounts on products if a seller can make repeated sales every month. Irrespective of your sales history, so long a seller has an excellent monthly product sale ratio. Then the seller gets faster payment on Teespring. In a nutshell, focus on your listing sales, and your pay-out request processing will improve.
Optimize the Sales Process to Increase Pay-Out Amount
Create Trendy Shirt designs
This has to be the most important step you need to take if you intend to make money from Teespring. Custom-designed shirts that resonate well with your target audience will ultimately determine the success or failure of your campaign. One way to create in-vogue designs is to keep in mind that you aren’t the only one offering to sell T-shirts online, as such creating an appealing and interesting design that stands out and hooks your potential client is imperative.
Market your merchandise
If you implement the social media route, find the right fit for your merchandise which is virtual on all the platforms. Join groups, open a page, develop a mailing list, use trending hashtags or create Forums. Once this is set, get active by commenting, liking tagging, and creating posts. Some groups or forums won’t allow you to post, in such instances seek permission from the moderators.
Another method is to partner with the right influencer. This gives you a wider reach of the target audience who are already an audience of the influencer. Take care when selecting an influencer to work with. Never select influencers on the basis of a number of followers rather use the number of average engagements per post. This gives you an idea of the influencer has active followership instead of bot followers.
Utilize retargeting
Why settle for a customer to be a one-time buyer when you can continuously remarket to them. Sellers can get sales on Teespring to increase by retargeting.
Teespring re-target customers who have made visits to your campaigns previously. The platform utilizes advertising systems such as Google AdWords to help market designers custom-made shirts on websites that has the attention of your potential customers.
Create Storefront
Storefronts are customizable with logos and can also include images. Sellers can also make use of their storefront to offer discounts to customers who buy large quantities. The Teespring platform also provides options that are beneficial to custom design shirt sellers, especially when they are new. For example, new sellers can take advantage of the available pricing discounts. This provides sellers a great avenue to increase their profit margin.
A pricing discount is applicable to products launched within a specific month. Applying pricing discounts of various tiers is dependent on the number of items a seller is able to sell. And there is no limit to the discount amount attainable.
Provide Varieties
Having a single line of design can be detrimental to your business as potential clients get bored easily. Therefore, provide many choices for your customers so that they have lots of designs to pick from. Have your styles offered in many colors and elegant choices to fulfill the interest of your potential consumers.
Conclusion
Teespring is an awesome platform to earn money by selling custom-made merchandise to a global audience. It is free to use and only relies on the ingenuity and creativity of designs to attract buyers.
Also, it needs a well-coordinated marketing strategy to help boost sales of products. In terms of pricing, the platform allows sellers to choose their rates but it must be reasonable. To get paid on Teespring, a user simply connects any of the accepted third-party payment methods. This is easy and simple to accomplish and the platform makes payment in 7 days.
