How to SUCCESSFULLY Sell Etsy AI Art in 2024 (A to Z)
TLDRThis video provides a detailed guide on how to successfully sell AI-generated art on Etsy. It shares the results of a friend's store, which made over $500 in its first month. The video explains that while most people won't make thousands each month, it's possible with hard work and the right strategy. It covers the types of digital products that can be sold, such as clip art, digital paper, coloring books, and sticker designs. The focus is on using AI tools like Midjourney and DALL-E 3 to create images and Everb, a Chrome extension, to research popular themes and trends on Etsy. The presenter demonstrates how to refine AI-generated images using prompts and describes a strategy of creating small and large bundles of clip art to drive traffic and sales. The video concludes with a reminder that success requires effort and offers additional resources for those interested in pursuing this business opportunity.
Takeaways
- 🎨 **AI Art Sales Potential**: AI-generated art can be profitable on platforms like Etsy, with realistic monthly earnings ranging from $500 to $600 for a new store.
- 💰 **Profit Margins**: Digital products like AI art have high profit margins, with costs mainly including AI software subscriptions and Etsy fees.
- 🚀 **Growth Over Time**: AI art stores can experience a growth in revenue over time, with an initial slow start followed by an increase in daily earnings.
- 📈 **Traffic Analysis**: Utilize tools like Everb to analyze product trends and popularity on Etsy, helping to inform what to sell.
- 🎄 **Seasonal Themes**: Creating art that aligns with current events, holidays, or seasons can increase sales, as seen with Christmas-themed clip art.
- 🛍️ **Product Types**: Popular products to sell include clip art, digital paper, coloring books, and sticker designs, which can be created using AI.
- 🤖 **AI Tools**: Midjourney and DALL-E 3 are two AI image generators mentioned, each with different capabilities and styles.
- 🔍 **Research Method**: Combine popular themes and objects to create new and unique AI art products that appeal to current trends.
- 🌟 **Cuteness Factor**: On Etsy, cute designs tend to sell well, so consider the aesthetic appeal when creating AI art.
- 📝 **Prompt Modification**: When using AI to create images, modify prompts to include specific details like color or theme to achieve desired results.
- 🛠️ **Image Editing**: Tools like Photoshop or Canva can be used to refine AI-generated images, including background removal and image upscaling.
- 💡 **Bundle Strategy**: Create small bundles of AI art to attract traffic to the store and larger bundles for higher-profit sales.
Q & A
What is the realistic revenue one can expect from selling AI images on Etsy?
-A new store that started a month ago generated $37 in revenue in a day and $568 over the last 30 days, which is mostly profit after subtracting AI software subscription fees and Etsy fees.
What are the subscription fees for the AI softwares mentioned in the transcript?
-The transcript does not specify the exact subscription fees for the AI softwares, but it mentions that these fees need to be subtracted from the revenue to calculate the profit.
How did the store's revenue progress over time?
-The store initially made around $10 per day, but by December, it increased to $50-$70 per day, indicating a growth in revenue over time.
What is the most popular and easiest product to start selling on Etsy according to the video?
-Clipart is the most popular and easiest product to start selling on Etsy, as it involves creating a set of images that can be an object, a human, an animal, or something floral.
What are the two AI image generators mentioned in the transcript?
-The two AI image generators mentioned are Mid Journey and Chad GPT 4, which includes built-in DALL-E 3.
What are the differences between Mid Journey and DALL-E 3?
-Mid Journey is available to everyone and can create a wide variety of images but cannot put text into images. DALL-E 3 has a more specific style, is more accurate, and allows text to be included in images, but it's only available to premium subscribers of Chat GPT and has a waiting list.
How does one find out what sells on Etsy?
-One can use data from Etsy and tools like Everb, a Chrome extension, to see analytics about each product and use this data to come up with ideas for what sells.
What is the strategy for creating and selling clipart on Etsy?
-The strategy involves creating small bundles of 10-20 images with similar themes to bring traffic to the store, and then combining these into larger bundles of 100 or more items to generate sales.
Why should one not create large bundles with many clipart images?
-Creating large bundles with many clipart images and selling them for a low price is not effective. Instead, small bundles should be used to attract traffic, and larger, more comprehensive bundles should be the primary source of revenue.
What is the recommended approach to scaling up an image while maintaining quality?
-The transcript suggests using Canva for background removal and upscaling the image by increasing its size. However, it acknowledges that this method may not be perfect and could result in a blur between pixels. For better quality, one might need to use specialized software for image scaling.
How can one join the YouTube membership for additional benefits like monthly prompts and Drop Shipping products list?
-The transcript does not provide specific details on how to join the YouTube membership. It only mentions that there is a link down below where viewers can sign up.
What is the recommended approach to creating a successful AI art store on Etsy?
-The recommended approach includes using AI to create images, analyzing what sells on Etsy, creating small and large themed bundles of clipart, and continually working on the store to increase revenue over time.
Outlines
📈 AI Image Sales: Realistic Earnings and Store Growth
The speaker shares the success story of a friend who started an AI image store on Etsy after watching the speaker's YouTube videos. The store, about a month old, made $37 in revenue on the day of speaking and $50 the day before. Over the last 30 days, the store generated $568, which is mostly profit, considering the digital nature of the products. The only costs to consider are the AI software subscription fees and Etsy fees. The speaker also emphasizes that while the friend's earnings are promising for a first month, they are not extraordinary, and most people will not make a significant amount of money. The video aims to show what strategies the friend used on his Etsy account to achieve these results.
🎨 Exploring Popular AI Image Products on Etsy
The speaker discusses the types of AI-generated products that can be sold on Etsy, such as clip art, digital paper, coloring books, and sticker designs. Clip art is highlighted as the most popular and easiest product to start with. The speaker also mentions using AI image generators like Mid Journey and DALL-E 3, with Mid Journey being more versatile but lacking text capabilities, while DALL-E 3 has a more specific style and allows text inclusion. The speaker then demonstrates how to use data from Etsy and a tool called Everb to research and find ideas for AI image designs that sell well, focusing on popular themes and objects like Christmas gnomes and pink Santas.
🛍️ Creating and Selling AI-Generated Clip Art Bundles
The speaker outlines the process of creating AI-generated images, starting with using an existing image as a reference to generate similar styles using Mid Journey. After selecting a preferred style, modifications are made to the prompt to match the desired theme, such as creating a pink Christmas gnome drinking green tea. The image is then downloaded, background removed using Canva, and upscaled to increase its size and DPI. The speaker advises against creating large bundles of clip art due to their low profitability and instead recommends creating small bundles of 10-20 images to attract traffic and larger bundles of 100-500 items to generate sales. The strategy is to use the small bundles as traffic drivers and the larger bundles as the primary source of income.
📚 Final Thoughts and Additional Resources
The speaker concludes by offering further resources for those interested in AI image sales, including a one-hour long YouTube course that provides a step-by-step guide on starting with AI image sales. The speaker also invites viewers to join their YouTube membership for monthly prompts and access to a Discord community for weekly meetings and other benefits. The speaker expresses a dislike for hard selling and encourages viewers to ask questions in the comments if they have any.
Mindmap
Keywords
AI images
Revenue
Digital products
Etsy
Clipart
Mid Journey
DALL-E 3
Everb
Canva
Bundles
Profitability
Highlights
A friend's store, started a month ago, generated $37 in revenue, showing the potential of AI image sales on Etsy.
Over the last 30 days, the store generated $568, mostly profit, after AI software and Etsy fees.
The store's traffic has been growing steadily, especially around December, indicating a successful kick-off.
The presenter clarifies that most people won't make a substantial income, but provides a realistic framework for those interested.
The most popular and easiest product to start with is clipart, which can be created and sold with relative simplicity.
Two AI image generator options mentioned: Mid Journey and Chad GPT 4, each with different accessibility and style capabilities.
Using data from Etsy and the Everb tool can help identify popular themes and objects for potential clipart designs.
Combining themes and objects, such as pink Santas and gnomes, can create unique and appealing clipart bundles.
The presenter offers monthly idea lists and prompts to YouTube members, aiding in the creative process.
Mid Journey is used to recreate and modify images based on prompts, offering a starting point for new designs.
Canva is recommended for non-Photoshop users, featuring background removal and image upscaling tools.
Creating small bundles of 10-20 images acts as traffic drivers, while larger bundles of 100+ items generate more significant sales.
The strategy for success involves offering both small and large clipart bundles to maximize store profits.
Joining a community or membership can provide additional support, ideas, and resources for Etsy sellers.
An in-depth one-hour course is available on YouTube for those looking to start with AI image sales on Etsy.
The presenter emphasizes the importance of creating high-quality, appealing images that resonate with Etsy's audience.
The video concludes with an invitation for viewers to ask questions and engage with the community for further guidance.