Apart from having unique designs, neck lanyards also serve a lot of purposes. They can carry IDs, mobile phones, cameras, keys, USB, and even water bottles. These functions make lanyards more interesting to the masses. If you are a budding entrepreneur, neck lanyards can be your stepping stone in creating a large scale business of your own.
There are two ways to start a business on neck lanyards. First, if you have enough capital, you can purchase all the needed equipment to manufacture them. Laces are often bought in bulk order from suppliers of raw material. They come in long rolls of polyester, tubular or woven fabric. Printing comes in two forms –silk screen and digital. The process for silk screen printing just needs squeegee, ink, net and a lot of practice. This is done manually so every application should be thorough. The machine for heat press and digital sublimation costs a lot and require regular maintenance. If you’re going to purchase one, then be sure to entrust it to someone knowledgeable on how to conduct the heat printing procedure.
Second, the most recommended way to do a start up business on lanyards is to find a reputable supplier. It is ideal for entrepreneurs who do not have immense capital to start from. Suppliers like The Lanyard Authority can do all the production procedure and provide the final product at a lower price. This way, you can buy bulk orders and enjoy huge amount of discount. Subsequently, you can sell these lanyards to your clients at a slightly higher price. Profit earned through this process can be substantial, if you tap on the right market.
Getting the right client can be easy because lanyards have a lot of functions. First, you can benefit from huge, company sponsored events. Neck lanyards are used to hold identification cards for event marshals, ushers, security, organizers and passes for VIP access. Such events usually require simple and low cost type of lanyards since it’s for one time use. There are events that are constantly being planned so you have a wide pool of options.
In line with this, neck lanyards can also be offered as promotional materials. Whether it’s for a movie, a new product launch or any other marketing occasion coming up, lanyards can be a good item to give away to the audience. It costs less compared to the usual promotional items like t-shirts and umbrellas. You can also tap into schools and organizations as clients. Lanyards give them a sense of identity and ‘group’ pride by having their logos or names printed on the lace. You can sell to them individually, matching the current market price.
If all else fail, then you can always make the market come to you by designing innovative lanyard designs. Some unique concepts include reversible and velvet lace. You can also follow the latest trends and launch your own products. Facebook, EBay and Integra are good places to start selling your lanyards.
Starting a new business can be tricky, but once you have a loyal group of clients, you can finally have regular orders. Profits can be huge once you have established your name among your clients. The Lanyard Authority can help you achieve this startup business. They offer all sorts of lanyard types for every occasion, at a wholesale price. They offer dye sublimated, woven, polyester and tubular types of laces. They are also equipped with the best machines to embed full color designs to the material. With just one call, you can get a free quote on the prospective lanyard design you have in mind.