I Tried Selling AI Art For 30 Days (Realistic Results)

Mark on Business
21 Jun 202307:46

TLDRThe video documents a month-long experiment where the creator opened an Etsy shop to sell AI-generated artwork in digital format. Despite facing initial suspension of the shop, underestimated value of products, and manual labor-intensive processes, the creator managed to upload 75 listings using three key tools to streamline the workflow. However, after a month, the endeavor resulted in a net loss of $15, with only $27 made. The creator plans to pivot to a print-on-demand business, continue listing regularly, and expand the variety of art offered to reach a broader audience, with the goal of making the business profitable by the end of the year.

Takeaways

  • ๐ŸŽจ The creator opened an Etsy shop to sell AI-generated artwork in digital format.
  • ๐Ÿ“ˆ Despite using three tools to upload 75 listings quickly, the shop faced harsh realities in selling printable wall art.
  • ๐Ÿ’ธ The shop was suspended immediately after opening but was reactivated three weeks later.
  • ๐Ÿ“‰ The initial products, pop art posters, did not sell as expected based on prior success in another Etsy shop.
  • ๐Ÿ”„ The creator underestimated the manual effort required for upscaling and mock-up creation, which was time-consuming.
  • ๐Ÿ› ๏ธ After researching, three tools were found to streamline the process: Topaz AI for upscaling, Mockcity.com for mock-ups, and XnConvert for resizing.
  • ๐Ÿ“Œ The shop's first sale came after expanding the offerings to include abstract art, contemporary art, and oil paintings.
  • ๐Ÿ“‰ Even after sales began, the total revenue was low, and after accounting for costs, the venture was at a loss.
  • ๐Ÿ” The creator realized that offering art in digital format might not be ideal and decided to switch to a print-on-demand model.
  • โฐ Regularly uploading new listings is crucial for maintaining momentum, even when sales are slow.
  • ๐Ÿ“ˆ The decision was made to run Etsy ads, which eventually led to some orders.
  • ๐Ÿš€ The goal is to turn the shop into a profitable business by the end of the year, with plans to expand offerings and improve strategies.

Q & A

  • What was the purpose of the speaker's Etsy shop?

    -The speaker opened an Etsy shop to sell AI-generated artwork in digital format.

  • How much did the speaker pay per month for the AI tool used to create the artwork?

    -The speaker paid ten dollars a month for the text-to-image AI tool called mid-journey.

  • What was the speaker's initial mistake after opening the shop?

    -The speaker's initial mistake was not preparing products and listings during the shop's suspension period.

  • What was the speaker's second mistake regarding the products offered?

    -The speaker's second mistake was overestimating the value and potential sales of their first products, which were pop art posters.

  • What motivated the speaker to continue creating and listing new art after the initial lack of sales?

    -The speaker was motivated to continue after receiving their first order for three dollars.

  • What were the three tools that helped the speaker upload 75 listings in just a couple of days?

    -The three tools were Topaz AI for upscaling images, an online mock-up generator called mockcity.com, and a free tool called XnConvert for resizing images into different aspect ratios.

  • Why did the speaker decide to switch from selling digital art to a print-on-demand business model?

    -The speaker decided to switch because offering physical products would allow them to target a larger audience and potentially generate more sales.

  • What was the total revenue made by the speaker in the first 30 days of selling AI art?

    -The speaker made $27 in 30 days, but after deducting fees, they were at a $15 loss.

  • What was the main challenge the speaker faced with the Etsy shop suspension?

    -The main challenge was the unexpected suspension of the shop without a given reason, which led to a delay in starting to list products.

  • How did the speaker attempt to attract buyers to the shop?

    -The speaker set up summer sale discounts and eventually started running Etsy ads for one dollar a day to attract buyers.

  • What was the speaker's goal for the Etsy shop in the long term?

    -The speaker's goal was to turn the shop into a profitable business by the end of the year and a stable source of income.

  • What lesson did the speaker learn about the importance of regularly uploading new listings?

    -The speaker learned that regular uploads are crucial for maintaining momentum, even when there are no immediate sales, as stopping can lead to a loss of progress.

Outlines

00:00

๐ŸŽจ Launching an AI Art Etsy Shop: Initial Challenges and Tools

The video begins with the creator's experience of launching an Etsy shop to sell AI-generated artwork in digital format. They discuss the initial suspension of the shop and the appeal process, emphasizing the importance of being proactive during such periods. The creator details their journey with Mid-Journey AI for generating art, the cost implications, and the decision to sell digital files to avoid physical printing and shipping. They recount their initial optimism about selling pop art posters, which did not meet expectations, leading to a pivot towards abstract art, contemporary art, and oil paintings. The narrative highlights the motivational impact of the first sale and the financial reality of being at a loss after covering costs. The creator also shares their struggles with manual processes for upscaling art and creating mock-ups, and how they found tools to streamline their workflow, including Topaz AI for upscaling and an online mock-up generator called Mock City.

05:00

๐Ÿ“ˆ Overcoming Obstacles: Scaling Operations and Testing Marketing Strategies

The second paragraph delves into the challenges of scaling the business operationally. The creator discusses the manual effort involved in resizing artwork for different print sizes and finding a solution with a free tool called XnConvert. They share their frustration with the lack of initial sales despite having visitors to the shop and their decision to offer discounts and run Etsy ads. The narrative reveals the slow start with only a few orders and a net loss after accounting for fees. The creator reflects on the experience, considering the potential of physical products and the importance of consistent listing and diversifying the product range. They express determination to continue and aim to turn the venture into a profitable business by the end of the year, inviting viewers to follow their progress.

Mindmap

Keywords

๐Ÿ’กAI Art

AI Art refers to artwork that is created or generated with the assistance of artificial intelligence. In the video, the creator uses AI to produce digital art pieces which are then sold on an online platform. AI Art is significant in this context as it represents the core product being sold and is central to the video's narrative about the challenges and process of commercializing AI-generated artwork.

๐Ÿ’กEtsy Shop

An Etsy Shop is an online storefront on the Etsy platform where individuals can sell handmade, vintage, or unique factory-manufactured items. In the video, the creator opens an Etsy Shop to sell AI-generated artwork. The shop's suspension and subsequent reactivation play a crucial role in the video's storyline, illustrating the challenges faced by new online businesses.

๐Ÿ’กMid-Journey

Mid-Journey is a text-to-image AI tool that generates artwork from textual descriptions. The video's creator uses this tool to produce the AI Art for sale. Mid-Journey is vital as it is the technology that enables the creation of the art pieces, which are the main subject of the video.

๐Ÿ’กDigital Format

Digital Format refers to the method of selling art as digital files that can be printed by the buyer. The video discusses the advantages and disadvantages of selling AI Art in digital format, such as not having to handle physical printing and shipping, but also not being able to charge as much as for physical prints.

๐Ÿ’กCommercial Rights

Commercial Rights in this context refer to the legal permissions to use, sell, and distribute a product, in this case, AI-generated artwork. The creator mentions paying for commercial rights to sell the art, which is essential for operating a legitimate online shop and avoiding copyright infringement.

๐Ÿ’กListing

A Listing on an online marketplace like Etsy refers to an individual product entry available for sale. The video details the process of uploading 75 listings, which involves creating and preparing the AI Art for sale on the platform. Listings are a key aspect of the video as they represent the individual offerings within the shop.

๐Ÿ’กTopaz AI

Topaz AI is a software tool used for upscaling images to improve their resolution without losing quality. The video's creator switches to Topaz AI from another upscaling tool to process multiple images at once for their shop. Topaz AI is significant as it represents one of the tools that the creator uses to enhance the efficiency of their workflow.

๐Ÿ’กMock-ups

Mock-ups are visual representations of how a product, in this case, AI Art, would look when framed or displayed. The video discusses the manual process and eventual automation of placing AI Art into mock-ups to improve the appeal of the listings. Mock-ups are important as they help potential buyers visualize the end product.

๐Ÿ’กPrint-on-Demand

Print-on-Demand is a business model where products are only printed when a customer places an order, eliminating the need for inventory. The creator plans to transition their shop to a print-on-demand business to target a larger audience and potentially increase sales. This model is significant as it represents a strategic shift in the business approach discussed in the video.

๐Ÿ’กEtsy Ads

Etsy Ads are a form of online advertising available on the Etsy platform, which sellers can use to promote their shops or listings. The video's creator runs Etsy Ads at a low budget to try and boost sales, which eventually leads to some orders. Etsy Ads are a key strategy mentioned for driving traffic and sales to the shop.

๐Ÿ’กXnConvert

XnConvert is a free tool used for batch image conversion and resizing. The creator discovers XnConvert to automate the resizing of their AI Art into various aspect ratios required for different print sizes. XnConvert is highlighted as a game-changing tool that significantly improves the efficiency of the listing process.

Highlights

The artist opened an Etsy shop to sell AI-generated artwork in digital format.

Analytics reveal the earnings and challenges of selling AI art over a month.

The shop was initially suspended by Etsy, causing a delay in listing products.

The artist underestimated the time needed to prepare listings while the shop was suspended.

Initial sales were disappointing, leading to a reassessment of product offerings.

The addition of abstract art, contemporary pieces, and oil paintings improved sales.

Investing in tools to upscale and mock-up artwork significantly improved the listing process.

Topaz AI was used for upscaling, despite the added cost.

Automating mock-up creation with scripts and plugins faced technical challenges.

Mockcity.com was discovered as an efficient online mock-up generator.

XnConvert was identified as a tool to automate resizing images for different aspect ratios.

The artist managed to upload 75 listings in five days using these tools.

Despite efforts, initial sales were slow, leading to the implementation of discounts.

Etsy ads were eventually used to boost visibility, resulting in a few orders.

The artist made $27 in 30 days, which was less than the fees and costs incurred.

Reflecting on the experience, the artist believes offering physical products could attract a larger audience.

Consistent listing uploads are crucial, even in the absence of immediate sales.

Expanding the variety of art offered is key to reaching a wider audience.

The goal is to turn the shop into a profitable print-on-demand business by the end of the year.

The artist encourages viewers to subscribe for updates on the journey to profitability.