How to SUCCESSFULLY Sell Etsy AI Art in 2024 (A to Z)
TLDRThe video provides a detailed guide on how to successfully sell AI-generated art on Etsy in 2024. It shares real-world results from a friend's store, which started a month ago and is already generating a steady income. The speaker emphasizes that while significant earnings are possible, it requires hard work and strategic planning. The video outlines various digital products that can be sold, such as clipart, digital paper, coloring books, and sticker designs, and explains how to use AI tools like Midjourney and DALL-E 3 to create these products. It also discusses the importance of using data from Etsy and tools like Everb to research popular themes and create designs that sell. The speaker advises on creating small bundles of 10-15 images to attract traffic and larger bundles for higher profits. The video concludes with a reminder that success on Etsy involves continuous work and offers additional resources for those interested in a deeper dive into the process.
Takeaways
- 🎨 **AI Art Success**: A friend's store, started a month ago, generated $37 in revenue and $568 in the last 30 days, mostly profit, after selling AI images.
- 💰 **Profitability Reality**: Most people won't make a substantial income, but it's possible with effort. The speaker isn't making $30,000 a month from AI images.
- 🚀 **Growth Over Time**: The store's traffic and sales increased significantly around December, showing a growth pattern from $10 to around $50 per day.
- 🛍️ **Product Types**: Popular products to sell include clip art, digital paper, coloring books, and sticker designs, with clip art being the easiest to start with.
- 🤖 **AI Tools**: Midjourney and DALL-E 3 are the AI image generators mentioned, with DALL-E 3 being more accurate but less accessible.
- 🔍 **Market Research**: Use tools like Everb to analyze what's selling on Etsy, focusing on themes and objects that are popular for occasions and seasons.
- 🎄 **Seasonal Themes**: Christmas themes are currently popular, indicating the importance of timing and relevance to market trends.
- 💡 **Idea Generation**: Combine popular themes and objects to create new, unique designs that appeal to the Etsy audience.
- 🖼️ **Image Creation**: Use AI to create images and then edit them in tools like Canva for background removal and upscaling without needing advanced skills or expensive software.
- 📈 **Bundle Strategy**: Create small bundles of 10-20 images to attract traffic and larger bundles for higher sales, focusing on quality over quantity.
- 📊 **Monetization**: Small bundles drive traffic, while large bundles of 100+ items are the primary money makers, often priced around $20-$50.
Q & A
What is the realistic revenue one can expect from selling AI images on Etsy as a new store?
-A new store can expect to generate around $50 a day, which amounts to approximately $1,500 a month, considering the example of a friend's store mentioned in the transcript.
What are the costs associated with selling AI images on Etsy?
-The costs include subscription fees for the AI software used to create the images and the fees charged by Etsy on each sale.
How does the AI image generation process work with Midjourney?
-With Midjourney, you can upload an image and the platform analyzes it to create a similar image. It provides multiple options, allowing you to choose the style you prefer.
What is the role of the Chrome extension 'Everb' in the product research process?
-Everb is a Chrome extension that provides analytics about each product on Etsy, which can be used to come up with ideas for what might sell well.
What is the significance of creating small bundles of clipart images?
-Small bundles of 10 to 15 images are used to bring traffic to the store, while larger bundles of 100 or more items are the true money makers, generating significant sales.
How does one determine what AI images to create for sale on Etsy?
-One can use data from Etsy and tools like Everb to identify popular themes and objects, then combine these to create new and potentially popular AI images.
What is the recommended approach to scaling up AI-generated images for better quality?
-Using a tool like Canva, which has a built-in background removal and image upscaling feature, can be an easy and cost-effective alternative to more expensive photo editing software.
Why is it not recommended to create a single large bundle of 140 clipart images for a low price?
-Creating a large bundle of 140 clipart images for a low price is not recommended because it does not generate significant revenue. Instead, smaller bundles should be created to attract traffic, and larger bundles should be sold at higher prices to generate more profit.
What are the two AI image generator options mentioned in the transcript?
-The two AI image generator options mentioned are Midjourney and DALL-E 3, which includes the built-in DALL-E software.
How can one ensure their AI images are appealing to potential customers on Etsy?
-One should aim for 'cuteness' in the images, as it is mentioned that cuteness sells well on Etsy. Additionally, creating images that align with popular themes and trends can increase their appeal.
What is the recommended strategy for selling AI art on Etsy?
-The recommended strategy includes creating multiple small bundles to attract traffic and then combining these into larger bundles that are sold at higher prices to generate more revenue.
What additional resources does the speaker offer to help with selling AI art on Etsy?
-The speaker offers a YouTube membership that includes a list of monthly prompts and drop shipping products, access to a Discord community, and weekly voice chat meetings.
Outlines
📈 AI Image Sales Success: A Case Study
The first paragraph introduces the topic of selling AI-generated images on Etsy, using a friend's store as a case study. The store, about a month old, has generated $37 in revenue on the day of speaking and $568 over the past 30 days. This is mostly profit, considering digital products are being sold. Subscription fees for AI software and Etsy fees are the only costs to consider. The speaker also emphasizes that while it's possible to make money, most people will not earn a substantial amount, and success requires work and effort. The paragraph concludes with a disclaimer about the realistic expectations of earnings and a teaser for the strategies that will be discussed in the video.
🎨 Exploring Popular AI Image Products on Etsy
The second paragraph delves into the types of products that can be sold using AI images on Etsy. It highlights clip art as the most popular and easiest product to start with, providing examples of successful sales. The paragraph also discusses other products like digital paper, coloring books, and sticker designs. The speaker then introduces the use of the AI image generator Midjourney and the tool Everb, a Chrome extension for analyzing Etsy product analytics to inform design ideas. The process of using data to find what sells is outlined, with a focus on combining popular themes and objects to create new, marketable AI image products.
🛍️ Creating and Selling AI-Generated Clip Art
The third paragraph outlines the process of creating AI-generated clip art images. It describes using an existing image as a reference to generate similar styles using Midjourney. The speaker then details the steps to modify the generated image to fit the desired theme, such as changing a Santa Claus to a pink Christmas gnome and adding the detail of drinking green tea. After selecting the best style, the image is downloaded and prepared for sale. The paragraph also touches on the use of Canva for background removal and image upscaling, emphasizing a cost-effective method suitable for Etsy sales, despite potential quality trade-offs. The strategy of creating small and large bundles for different purposes—traffic generation and sales—is also explained.
📚 Final Thoughts and Community Engagement
The final paragraph wraps up the video with a summary of the discussed strategy for selling AI-generated images on Etsy. It emphasizes creating small bundles to attract traffic and larger bundles for higher sales. The speaker also mentions offering a comprehensive, hour-long course on YouTube for more in-depth guidance. There's an invitation to join the speaker's YouTube membership for additional benefits like monthly prompts and access to a Discord community. The video concludes with an open invitation for questions and well wishes for the viewers.
Mindmap
Keywords
💡AI Images
💡Revenue
💡Digital Products
💡Clipart
💡Midjourney
💡DALL-E 3
💡Etsy
💡Everb
💡Canva
💡Bundles
💡Transparency
Highlights
A friend's store started selling AI images and generated $37 in revenue in a month.
The store's revenue grew from $10 per day to around $50 after a month.
Digital products sales are mostly profit, excluding AI software subscription fees and Etsy fees.
Most people will not make a substantial income from selling digital products on Etsy.
There are success stories like a seller generating $30,000 a month from selling Tumblr wraps.
The framework for selling AI images on Etsy is provided, but success depends on individual effort.
Clipart is an easy and popular product to start selling on Etsy.
Midjourney and Chad GPT 4 are two AI image generators available for creating products.
Everb is a Chrome extension used for analyzing Etsy product analytics to generate ideas.
Combining popular themes and objects can create new, unique AI images that sell well.
Canva is an alternative to Photoshop for editing images, with a built-in background remover and image upscaling feature.
Creating small bundles of 10-15 images brings traffic to the store, while larger bundles generate more sales.
The strategy is to sell small bundles for traffic and larger bundles for profit.
An example store successfully uses $1 small bundles to drive traffic and larger bundles for higher sales.
AI-generated images on Etsy are profitable with the right strategy of small and large bundle sales.
Joining a community or membership can provide additional support and monthly prompts for sellers.
An in-depth video course is available on YouTube for a step-by-step guide on selling AI images on Etsy.