Exactly what is the amount of money to be made with monogramming? A simple three-letter monogram, easily creatable with the assistance of most digitizing/editing/lettering software, can be made in less then 10 minutes, and can sell for $12-20, or even more depending on the market. Monogramming is a unique service, which offers personalization to items, and because of the individuality the prices of the monograms are continuously high making it a great way to profit.