I Built an AI Art Business in 16 Minutes (Step-by-Step Guide)
TLDRIn this video, the creator shares a step-by-step guide on how to make a profit by selling AI-generated art, following Frankie Shaw's advice. The process involves purchasing high-quality digital art from Etsy, utilizing a print-on-demand service like Printify, and driving sales through targeted advertising on platforms like Pinterest. The focus is on impulse buying, with a strategy that aims to achieve $750 to $1200 in daily sales with a $300 to $400 ad budget.
Takeaways
- 💰 The video outlines a method to potentially make $105 per day by selling AI art and using print-on-demand services.
- 🖼️ AI art can be sourced from platforms like Etsy, specifically focusing on best-selling digital products.
- 🚀 The business model involves buying high-quality digital art and then selling it as physical products through a personal store.
- 🎨 Etsy's 'star seller' filter can be used to find successful products to replicate for a print-on-demand business.
- 📈 The video references advice from Frankie Shaw, who suggests using a budget of $300-$400 in ads for potential sales of $750-$1200 per day.
- 💡 It's important to check the product description on Etsy to ensure the art can be used for commercial purposes and not just personal use.
- 🛍️ Printify is recommended as a print-on-demand service provider for creating physical products from digital art.
- 📊 The video suggests using Pinterest ads for driving traffic to the Shopify store, targeting 18-35 year olds with a focus on art-related interests.
- 📆 The strategy involves starting the ad campaign on a specific date to ensure optimal spending distribution rather than all at once.
- 📈 The video emphasizes the importance of testing and optimizing the ad campaign based on the product's performance.
- 🎯 The approach is based on impulse buying, so the focus is more on the visual appeal of the product rather than extensive copywriting.
Q & A
What is the main topic of the video?
-The main topic of the video is about making money by selling AI art and digital products, specifically focusing on how to create a Gen Z poster business using print-on-demand services and social media advertising.
Who is Frankie Shaw mentioned in the video?
-Frankie Shaw is an individual whose advice on making money through online businesses, such as selling digital art, has proven to be successful for the video creator.
What is the recommended strategy for selecting digital art to sell?
-The recommended strategy is to search for best-selling digital art on Etsy, focusing on products that have a proven track record of sales. It's important to ensure that the art can be used for commercial purposes and not just for personal use.
What is the estimated daily profit mentioned in the video?
-The estimated daily profit mentioned in the video, after accounting for advertising costs, is around $350. This is based on a worst-case scenario calculation of $750 in sales minus $400 in ad costs.
How does the video creator plan to advertise the digital art products?
-The video creator plans to use social media advertising platforms like Facebook, Instagram, and Pinterest to target the 18 to 35 age group, focusing on mobile-only Wi-Fi enabled devices.
What is the print-on-demand service used in the video?
-The print-on-demand service used in the video is Printify, which allows the creator to sell the digital art without having to manage the printing and shipping process themselves.
What was the issue encountered when trying to purchase digital art from Etsy?
-The issue encountered was that after purchasing the digital art, the video creator did not receive the PDF file containing the design and art in their email, which was necessary for creating the physical products.
How does the video creator suggest determining if a digital art product is in demand?
-The video creator suggests checking the number of recent sales of a digital art product on Etsy. If the product has been sold multiple times in the last 24 hours, it indicates that the product is currently in demand.
What is the recommended pricing strategy for the physical products?
-The recommended pricing strategy is to ensure that the physical products are priced high enough to cover the cost of production and still yield a profit. For example, if the cost of the product is $4.66, it should be priced at least $30 to allow for a reasonable profit margin.
What is the significance of the 72-hour processing time mentioned in the video?
-The 72-hour processing time is significant because it indicates the estimated time frame within which the video creator is expected to receive the digital art file after making the purchase on Etsy. However, in the video, the creator expresses frustration because they need the file immediately to proceed with their business plan.
What is the final recommendation for launching the ads?
-The final recommendation for launching the ads is to schedule them to start at the beginning of the next day, rather than at the end of the current day, to avoid spending the entire budget immediately due to time zone differences in how the advertising platform calculates the end of the day.
Outlines
💰 Making Money with AI Art Sales
The speaker introduces a method to make a significant amount of money by selling AI-generated art. They reference advice from Frankie Shaw, who suggested purchasing high-quality digital art from Etsy and selling it through print-on-demand services to start a Gen Z poster business. The speaker emphasizes the potential to make $750 to $1200 per day with an ad budget of $300 to $400. They also mention the importance of selecting art that has proven to sell well on Etsy and the need to ensure the art can be used for commercial purposes.
🛍️ Etsy Art Selection and Printify Setup
The speaker shares their process of selecting art from Etsy, using a trick to find best-selling items by searching for 'best' instead of 'star' sellers. They discuss the importance of checking the item's sales history and the potential demand. The speaker then explains their unsuccessful attempt to purchase an art piece, due to a technical issue with the Etsy store. They pivot to using a hypothetical image for demonstration purposes and walk through the steps of setting up a product on Printify, including pricing strategies and design customization.
🎨 Marketing the Art through Pinterest Ads
The speaker details the process of creating a Pinterest ad campaign to promote the art poster. They explain how to set up the campaign for conversions, targeting the appropriate audience (18 to 35-year-olds interested in art), and selecting the right demographics and locations. The speaker also discusses the importance of mobile-only targeting and the strategy behind choosing specific devices. They provide a step-by-step guide on creating the ad, including selecting an image, crafting a title and description, and linking to the Shopify product page.
📈 Reflecting on the Business Strategy
The speaker concludes by summarizing the business strategy of selling AI-generated art. They reiterate the potential for making $750 to $1200 per day with an ad budget, emphasizing the importance of selecting high-quality art that appeals to the target audience. The speaker acknowledges the advice from Frankie Shaw and shares their positive experience following it. They also mention the use of Printify for the business model and provide an affiliate link for those interested in using the service.
Mindmap
Keywords
💡AI art
💡Frankie Shaw
💡Etsy
💡Print-on-demand
💡Gen Z
💡Shopify
💡Budget
💡Sales
💡Conversions
💡Impulse buys
Highlights
The video outlines a method to make at least $105 per day by selling AI art.
Frankie Shaw's advice has been profitable in the past and is the basis for this method.
High-quality digital art can be bought from Etsy and sold through print-on-demand services.
The business model involves targeting the Gen Z audience with impulse-buy products.
Facebook and Instagram ads can be used to drive sales, with Pinterest being an alternative for advertising.
The video provides a step-by-step guide on how to set up the business, including selecting the right art.
A trick for finding best-selling items on Etsy is shared, focusing on 'star seller' and 'best' filters.
It's important to check the product description to ensure the art can be used for commercial purposes.
The video demonstrates how to use Printify to create a canvas or poster from the digital art.
Pricing strategies are discussed, emphasizing the need to ensure profitability.
The video provides a workaround for when Etsy does not send the art as expected.
A detailed process for setting up a Shopify store and integrating it with Printify is explained.
Pinterest ads are set up with a focus on conversions, targeting the right audience, and using the appropriate devices.
The video emphasizes the importance of starting campaigns with a small budget and scaling up based on performance.
The method described is suitable for those looking to start an online business with minimal upfront investment.
The video concludes by reiterating the effectiveness of Frankie Shaw's advice and the potential profitability of the method.