I Tried Selling AI Art in 2024 (ACTUAL RESULTS)
TLDRThe video script discusses the viability of selling AI-generated art on Etsy in 2024, debunking the notion that it's a dead market. It follows the journey of a new Etsy store, set up with the help of the speaker, focusing on AI-generated images including clip art, digital paper, and AI prompts. The store's strategy involves selling a variety of digital products under a cohesive theme and leveraging seasonal trends. The results after the first month show promising revenue and growth, with the store generating $1,200 in December and maintaining a steady income in January, highlighting the potential of AI art in the digital marketplace.
Takeaways
- 🚀 The video discusses the viability of selling AI-generated art on Etsy in 2024, debunking the notion that it's dead.
- 🤖 The store in focus sells AI-generated products like clip art, digital paper, and AI prompts, thriving despite initial skepticism.
- 📈 The store's success was measured by its sales and revenue, reaching $1,200 in December with a steady increase in visitors and orders.
- 🎨 The strategy involved selling a variety of digital products under a cohesive theme, not just one type of product.
- 🛍️ The store capitalized on the Christmas season to sell digital paper, a popular product during that time.
- 🔍 Research was conducted using tools like Everyb to identify hot products and trends on Etsy.
- 🎯 The video describes the process of creating a unique product by combining popular elements from existing successful listings.
- 📝 The importance of tailoring AI prompts to generate specific designs was emphasized, using software like Mid Journey.
- 🖼️ The video provides a practical example of creating a prompt for a cat with a Christmas theme, and how to refine it for better results.
- 💡 The use of Canva for background removal was suggested as an accessible alternative to Photoshop for those not proficient in photo editing.
- 📊 The store's growth trajectory and sales strategy, including the use of seasonal products and ads, were discussed as contributing factors to its success.
Q & A
What was the initial reaction of the speaker when their friend, Mr. M, asked for help in building an Etsy store selling AI-generated images?
-The speaker's initial reaction was to refuse Mr. M's request due to their laziness, but eventually decided to help after Mr. M reached out again.
What types of products can be sold on Etsy using AI-generated images?
-Products that can be sold using AI-generated images on Etsy include clip art, digital paper, and AI prompts for image generators like Mid Journey.
What is the importance of selling a cohesive theme of products on Etsy, even if they are not all the same type?
-Selling a cohesive theme of products on Etsy is important because it helps maintain a consistent brand image and provides a better shopping experience for customers, even if the products are of different types.
How did the speaker and Mr. M identify hot products on Etsy to emulate?
-They used a tool called Everyb to spy on Etsy stores and gather data on the best-selling products within the clip art and digital paper niches.
What was the strategy behind combining the best features of different popular products to create a new product?
-The strategy was to identify the unique and popular elements of successful products and merge them to create a novel item that could appeal to a broader customer base.
How did the speaker use the Mid Journey AI image generator to create a specific design?
-The speaker uploaded an image of a design they wanted to replicate, used the 'describe' command to generate a prompt based on the image, and then modified the prompt to achieve the desired result, such as creating a cat with a pink Christmas hat.
What alternative method did the speaker suggest for removing backgrounds from images, especially for those who are not Photoshop-savvy?
-The speaker suggested using Canva, which can automatically remove backgrounds from images with a simple BG remover tool.
How many listings did the store have, and what types of products were included in those listings?
-The store had about 150 listings, which included clip art, digital paper, and AI prompts.
What was the revenue generated by the store in December, and what was the best-selling day?
-The store generated a revenue of $1,200 in December, with the best-selling day being December 31st, when they made $83.
What was the overall trend in sales for the store after the initial month of listing products?
-The overall trend in sales for the store was an upward trajectory, especially since they focused on seasonal products and maintained a consistent $60 range in daily revenue.
How did the speaker and Mr. M plan to continue growing the store's sales?
-The plan to continue growing the store's sales included listing products every day using the strategies shown, focusing on seasonal products, and potentially running ads, which will be discussed in future content.
Outlines
🚀 Launching an AI Art Etsy Store
The video begins with the creator discussing the viability of selling AI-generated art on Etsy in 2024. Despite initial skepticism, the creator decides to help a friend, referred to as Mr. M, to establish an Etsy store focused on AI-generated images. The store's offerings include clip art, digital paper, and AI prompts. The creator shares insights on the types of digital products popular on Etsy, such as clip art for stickers and digital paper for gift wrapping, especially during the Christmas season. The video emphasizes the importance of product diversity within a niche and the success of a store selling a mix of digital products with a cohesive theme.
🎨 Combining Trends to Create Unique Products
In this paragraph, the creator and Mr. M focus on identifying hot products on Etsy and combining the best features to create unique items. They notice the popularity of highland cows, Christmas themes, and pink color in certain listings. The creator describes the process of using an AI image generator, specifically Mid Journey, to create a prompt for a cat with a similar design to the popular highland cow, but with a twist. The video also provides a tutorial on how to remove the background of an image using Canva, an alternative to Photoshop for those not as skilled in photo editing. The creator plans to sell the AI-generated cat images as clip art and the AI prompt for creating similar designs in a PDF file.
📈 Etsy Store Performance and Future Outlook
The video concludes with a review of the AI art Etsy store's performance during its first month. The store generated $1,200 in revenue with a stable conversion rate of 7.4% and 3,46 orders. The creator highlights the increase in traffic and sales, particularly noting the best-selling day of $83 on December 31st. The store's success is attributed to a combination of clip art, digital paper, and AI prompts, with about 150 listings in total. The creator mentions the potential for more sales due to the focus on seasonal products and hints at the possibility of discussing advertising strategies in a future video. The audience is encouraged to join the creator's YouTube membership for more content and updates.
Mindmap
Keywords
💡AI art
💡Etsy store
💡Clip art
💡Digital paper
💡AI prompts
💡Mid Journey
💡Sales strategy
💡Product diversification
💡Canva
💡Revenue generation
💡Seasonal products
Highlights
The video discusses the viability of selling AI-generated art on Etsy in 2024, contrary to popular belief.
The presenter helps a friend, referred to as Mr. M, to build a brand new Etsy store focused on AI-generated images.
The store sells a variety of products including clip art, digital paper, and AI prompts.
The presenter initially hesitates to help due to laziness but eventually agrees to assist Mr. M.
The store's product lineup was carefully curated to include popular items like clip art and digital paper, especially during the Christmas season.
The misconception about selling digital products on Etsy is that one must sell only one type of product, but the presenter found this not to be the case.
The presenter's strategy involves selling a mix of digital products as long as they share a cohesive theme.
An example of a successful Etsy store is given, showing it sold 2,000 units in a month with a variety of products.
The video details the process of identifying 'hot' products on Etsy using the tool 'everyb'.
The presenter and Mr. M combined popular elements from different products to create a new, unique offering.
The use of AI image generator software like Mid Journey is discussed, along with the process of creating a prompt for a specific design.
The presenter demonstrates how to modify an AI-generated prompt to achieve the desired result.
A method for removing backgrounds from images using Canva is explained, which is accessible for those not proficient in Photoshop.
The store generated $66 on the day of recording with 17 orders, and $18 with 7 orders the following day.
Since its launch in November, the store's traffic and revenue have significantly increased, with December showing 4,689 visitors and $1,200 in revenue.
The store focuses on seasonal products and has about 150 listings, including clip art, digital paper, and prompts.
The video concludes with the store on an upward trajectory of sales, with a total profit of $621 after fees.