How to SUCCESSFULLY Sell Etsy AI Art in 2024 (A to Z)
TLDRThis video provides a comprehensive guide on successfully selling AI-generated art on Etsy in 2024. The presenter shares real-world results from a friend's store, which started a month ago and has already generated $568 in revenue, mostly profit, after accounting for AI software subscriptions and Etsy fees. The video offers a disclaimer that not everyone will achieve high earnings but provides a framework for those interested. It covers various digital products that can be sold, such as clipart, digital paper, coloring books, and sticker designs, with a focus on clipart due to its popularity and ease of creation. The presenter discusses using AI tools like Midjourney and DALL-E 3 for image creation and Everb, a Chrome extension, for market research on Etsy. The strategy involves creating small bundles of 10-15 images to attract traffic and larger bundles of 100+ items for higher profits. The video concludes with a recommendation to join the presenter's YouTube membership for additional resources and community support.
Takeaways
- 💰 A friend's store selling AI images generated $37 in revenue recently and has been growing steadily, indicating the potential profitability of AI art on Etsy.
- 📈 The store's revenue has increased from $10 per day to around $50, showing a positive trend over the last month.
- 🚫 The speaker cautions that most people won't make a significant amount of money, and success like earning $30,000 per month is rare and requires substantial effort.
- 🎨 The most popular and easiest product to start with on Etsy is clipart, which are sets of images like objects, humans, animals, or florals.
- 🌟 Other products that sell well include digital paper, coloring books, and sticker designs, all of which can be created using AI.
- 🛍️ The strategy involves creating small bundles of 10-15 images to attract traffic and larger bundles of 100+ items to generate significant sales.
- 🎄 Etsy shoppers often buy items for opportunities, holidays, seasons, and occasions, which should influence the themes and styles of AI art created.
- 🔍 Using tools like Everb, a Chrome extension, can provide analytics to help identify popular trends and best-selling products on Etsy.
- 🖼️ Midjourney and DALL-E 3 are two AI image generators mentioned, with the former being more versatile and the latter offering a specific style and the ability to add text.
- 📝 The process of creating AI art involves using commands to describe and imagine the desired image, then modifying and upscaling the image for better quality.
- 🧩 Combining popular themes and objects, like pink Santas and gnomes, can create unique and appealing clipart bundles that stand out on the platform.
- ✅ Canva is recommended as an easy-to-use alternative to Photoshop for tasks like background removal and image upscaling, making the process more accessible to beginners.
Q & A
What is the average monthly revenue generated by the AI image store mentioned in the transcript?
-The store generated around $568 over the course of the last 30 days.
What are the main costs to consider when selling digital products on Etsy?
-The main costs to consider are the subscription fees for the AI software and the fees on Etsy.
What is the most popular and easiest product to start selling on Etsy according to the transcript?
-Clipart is the most popular and easiest product to start selling on Etsy.
What are the two AI image generators mentioned in the transcript?
-The two AI image generators mentioned are Mid Journey and DALL-E 3.
How does the speaker suggest finding successful designs to sell on Etsy?
-The speaker suggests using data from Etsy and a tool called Everb, a Chrome extension, to analyze product analytics and come up with ideas.
What is the recommended approach for creating and selling clipart on Etsy?
-The recommended approach is to create small bundles of 10-15 images with similar themes to bring traffic to the store, and then combine these into larger bundles to generate more sales.
Why should sellers avoid creating large bundles with too many clipart images?
-Creating large bundles with too many clipart images and selling them for a low price can devalue the product and is not an effective strategy for generating revenue.
What is the significance of the 'cuteness' factor when selling on Etsy?
-Cuteness is significant because it tends to sell well on Etsy, as it appeals to the platform's audience.
How can sellers upscale their images without using expensive software?
-Sellers can use Canva's built-in background removal and image upscaling features to increase the size and DPI of their images without additional cost.
What is the role of small bundles in the overall sales strategy on Etsy?
-Small bundles serve as traffic bringers to the store, attracting customers who might then purchase larger, more expensive bundles.
Why is it important to join a community or membership for those interested in selling AI-generated images on Etsy?
-Joining a community or membership provides access to monthly prompts, dropshipping products, weekly meetings, and other resources that can help sellers stay informed and improve their strategies.
Outlines
📈 Success Stories with AI Images on Etsy
The speaker shares a success story of a friend who started an AI image store on Etsy after watching the speaker's YouTube videos. The account is about a month old and has already generated $37 in revenue, with a daily increase from $10 to $50. The speaker emphasizes that while this is a promising start, it's not an extraordinary amount and most people won't achieve such high earnings. The revenue is mostly profit, with the only costs being the AI software subscription and Etsy fees. The speaker also mentions a lady on YouTube who sells Tumblr wraps and earns $30,000 per month, proving that it's possible to make money with images on Etsy. However, it requires significant work and effort. The speaker then introduces the topic of the video, which is 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 products that can be sold using AI images on Etsy, highlighting clipart as the most popular and easiest to start with. Clipart is a set of images, often featuring objects, humans, animals, or florals. The speaker shares examples of successful sales, such as a lady reading a coffee, which sold 11 times. Other products mentioned include digital paper, coloring books, and sticker designs. The speaker also references a video about the top 10 different products that can be sold on Etsy using AI. The focus is on clipart creation using AI, and the speaker outlines two options for creating objects with AI: Mid Journey and Chad GPT 4 with built-in DALL-E 3. The differences between the two are explained, including accessibility and style variety.
🛍️ Using Data to Find Successful AI Image Designs
The speaker explains how to use data from Etsy and a tool called Everb, a Chrome extension, to conduct product research and find successful AI image designs. The process involves searching for 'clipart' on Etsy to get a sense of what's popular, noting recurring themes like animals, gifts, and Santas. The speaker suggests combining themes and objects to create new designs, such as a pink gnome inspired by the popularity of pink Santas and gnomes. The speaker demonstrates how to use Mid Journey to create a similar image by uploading a reference image and modifying the prompt to match the desired design. The result is a pink gnome drinking tea in a watercolor theme, which is then downloaded and prepared for sale.
📚 Creating and Selling Bundles of AI Clipart on Etsy
The speaker advises on how to prepare AI-generated images for sale, including removing the background and upscaling the image using Canva. The speaker emphasizes the importance of creating small bundles of 10-20 images to attract traffic and larger bundles of 100 or more images to generate sales. The strategy is to use the small bundles as traffic drivers and the large bundles as the primary source of revenue. The speaker also discusses the common mistake of creating very large bundles and selling them for low prices, which is not recommended. Instead, the focus should be on creating smaller, themed bundles and combining them into larger, more expensive bundles to sell on the store. The speaker provides a link to a more in-depth video course and invites viewers to join a community for further support and monthly prompts.
👋 Closing Remarks and Invitation for Questions
The speaker concludes the video by inviting viewers to ask any questions they may have in the comments section and wishes them the best. The speaker also reminds viewers to take care and signs off, indicating the end of the video.
Mindmap
Keywords
💡AI images
💡Etsy
💡Revenue
💡Digital products
💡Subscription fees for AI software
💡Clipart
💡Midjourney
💡DALL-E 3
💡Everb
💡Canva
💡Bundles
Highlights
A friend's store, started a month ago, generated $37 in revenue and has been growing steadily, reaching around $50 a day.
Digital products sold on Etsy are mostly profit, with costs limited to AI software subscriptions and Etsy fees.
The account's growth spiked around December, indicating the importance of timing and seasonal trends in sales.
A disclaimer that most people will not make a significant amount of money, with a realistic monthly income of $500-$600 for beginners.
The potential to earn more with continued effort and store development, but it requires substantial work.
The simplicity of selling AI images on Etsy, where one needs to choose an image type and post it on the platform.
Popular products to sell include clip art, digital paper, coloring books, and sticker designs, with clip art being the easiest to start with.
Two options for creating AI images are Mid Journey and Chad GPT 4, each with different styles and capabilities.
Using data from Etsy and tools like Everb to research popular themes and objects for creating new designs.
Combining popular themes and objects, such as pink Santas and Christmas gnomes, to create unique and appealing clip art bundles.
A YouTube membership offering monthly lists of ideas, prompts, and dropshipping products, along with access to a Discord community.
Using Mid Journey's command feature to recreate and modify images based on existing popular styles.
The importance of image quality and using tools like Photoshop or Canva for editing, including background removal and image upscaling.
Creating small bundles of 10-20 images to attract traffic to the store, and larger bundles of 100-500 items as the primary money-makers.
The strategy of offering a 'whole store' bundle or large themed bundles for higher prices to generate significant sales.
An hour-long free course on YouTube that provides a step-by-step guide on starting and succeeding with AI image sales on Etsy.
Joining a community and staying informed about trends and strategies is crucial for success in selling AI art on Etsy.