Definition & Meaning of "print-on-demand"

What is "print-on-demand"?

Print-on-demand is a service that allows for the printing of materials, such as books, posters, or merchandise, only when an order is placed. This approach eliminates the need for large print runs and storage, as items are printed individually as needed. It is particularly useful for self-publishers, small publishers, and businesses with niche markets, offering a cost-effective way to produce customized or limited-run products without upfront investment in inventory.