This Brand NEW Etsy Shop Made $27,000 Last Month With These Cases (AI Side Hustle)
TLDRThe video script discusses the lucrative potential of selling phone cases, debunking the myth of high competition in the market. It highlights the success of a new Etsy store, Summer Legacy, which earns nearly $27,000 a month by selling phone cases with trending designs. The key to success is not creating a new product but enhancing existing best-selling products with unique designs. The video also introduces the use of AI for design creation and automation for a passive income stream. Furthermore, it emphasizes the benefits of print-on-demand services like Gelato, which allow for global reach and personalized products. The script concludes with strategies for driving traffic to one's own website using AI-built websites and TikTok videos, ultimately advising on diversifying income sources.
Takeaways
- 🚀 A new Etsy store selling phone cases has achieved $10,000 monthly revenue in just six months with only three listings.
- 💡 The success of these stores demonstrates that selling competitive products like phone cases can still be profitable with the right strategy.
- 🎨 The key to success is not creating a new product, but selling a proven product and adding a trending design to it.
- 🤖 AI can be utilized to enhance and improve designs, creating unique products that stand out in competitive markets.
- 📈 Using tools like Everb Chrome extension can provide valuable insights into product analytics and sales data.
- 📦 Print-on-demand (POD) services like Gelato eliminate the need for inventory and shipping, making the business model more passive.
- 🌍 Gelato's global printing partners ensure lower shipping costs and faster delivery times, improving customer satisfaction.
- 🖼️ AI tools like Mid Journey can generate complex designs, such as scrapbook collages or 3D-style patterns, without the need for manual design skills.
- 📈 The profit margin for selling phone cases can be as high as 74%, allowing for flexibility in pricing and promotions.
- 🎁 Offering personalization options for products can increase sales and differentiate your offerings from competitors.
- 🚀 Building your own website and driving traffic through platforms like TikTok can create additional income streams beyond Etsy.
Q & A
How much revenue is the new Etsy store generating with phone cases?
-The new Etsy store is generating $10,000 a month selling phone cases.
How long has the Etsy store been operating?
-The Etsy store has only been operating for about six months.
What is the secret to the success of the Etsy store mentioned in the script?
-The secret to their success is not inventing a new product but selling a product that is already proven to sell and adding a trending design to it.
What is the strategy for creating better designs than the competition?
-The strategy is not to copy other people's designs but to think about how to make the designs even better using AI.
How does the speaker plan to set up automations for the phone case business?
-The speaker plans to set up automations so that they never have to handle the printing or shipping to customers, making the business as passive as possible.
What is the revenue of the phone case product listed on the Etsy store called Summer Legacy?
-The phone case product on Summer Legacy is making $6,700 a month.
What is the significance of the listing age in product research?
-The listing age is significant because it shows that even though the product was created a month ago, it's already making a substantial amount of revenue, proving that a new listing can break into the market and make sales.
What is the recommended print-on-demand provider mentioned in the script?
-The recommended print-on-demand provider mentioned is Gelato.
How much profit can be made from selling phone cases with Gelato?
-The profit from selling phone cases with Gelato can be as high as $28 per unit, with a 74% profit margin.
How does the speaker plan to create designs for the phone cases?
-The speaker plans to use Mid Journey to create the designs by generating images based on prompts and reference images.
What is the additional strategy the speaker suggests to increase profits by 25% to 35%?
-The additional strategy is to add personalization options for the phone cases, which can increase profits without increasing any costs.
Outlines
🚀 Success in Competitive Markets with Phone Cases
The paragraph discusses the success of a new Etsy store that has managed to generate $10,000 a month selling phone cases, despite the market being considered highly competitive. The store achieved this in just six months with only three listings. The key to their success is not creating a new product, but selling a product that is already proven to sell and adding a trending design. The speaker aims to debunk the myth of competitiveness in selling common items like phone cases and t-shirts by highlighting the success of another store, Summer Legacy, which started a month ago and is already making almost $27,000 a month. The speaker emphasizes the importance of using AI to create unique and better designs and setting up automations to handle printing and shipping, making the process as passive as possible.
📈 Profitability and Strategies in Print-on-Demand
This paragraph delves into the profitability of selling phone cases using print-on-demand services like Gelato. The speaker explains the cost structure, including the price of the phone case, shipping, and ETC fees, and calculates a potential profit margin of 74% by selling the cases at $39. The paragraph also highlights the benefits of Gelato's global printing partners, which can offer cheaper local shipping and faster delivery times, leading to better customer reviews. The speaker recommends Gelato for its ability to expand reach and improve customer satisfaction. The paragraph further discusses the design process using AI tools like Mid Journey to create unique phone case designs, emphasizing the importance of not copying others' designs but improving upon them.
🎨 AI-Powered Design Creation for Phone Cases
The focus of this paragraph is on utilizing AI to create distinctive designs for phone cases. The speaker provides a step-by-step guide on how to use Mid Journey to generate designs in the style of a reference image. Two design styles are discussed: a 3D-looking pattern and a scrapbook-style collage. The speaker demonstrates how to create a prompt for AI to generate an image, how to upscale and edit the image, and how to add personalization options to the phone cases. The paragraph emphasizes the potential to increase profits by 25% to 35% by offering personalized phone cases, which can attract more customers and provide a competitive edge over other stores.
🛍️ Marketing and Sales Strategies for Phone Cases
This paragraph covers strategies for marketing and selling phone cases, both on Etsy and through building one's own website. The speaker discusses the benefits of using mockups for product listings to make them more attractive and unique. They also talk about the importance of diversifying income sources by driving traffic to one's own website, in addition to leveraging Etsy's traffic. The paragraph introduces the concept of using short-form videos on platforms like TikTok to organically drive traffic and generate sales without relying solely on Etsy. The speaker provides an example of a successful TikTok video that led to significant interest and potential sales, emphasizing the effectiveness of this marketing strategy.
💡 Final Thoughts and Additional Opportunities
In the final paragraph, the speaker wraps up the discussion by reiterating the potential profitability of selling phone cases, even in competitive markets. They encourage viewers to explore additional opportunities, such as capitalizing on upcoming events like Mother's Day. The speaker also mentions the benefits of using AI website builders for creating an e-commerce website and introduces a platform called Elevate do store, which offers discounts on various tools needed for running a successful print-on-demand shop. The paragraph concludes with a call to action for viewers to check out another video for more product ideas and opportunities.
Mindmap
Keywords
💡Etsy store
💡Competitive products
💡Trending design
💡AI
💡Automation
💡Print on demand
💡Gelato
💡Profit margin
💡Personalization
💡Mockups
💡Traffic sources
Highlights
A new Etsy store is making $10,000 a month selling phone cases with only three listings, proving that success is possible even in competitive markets.
The store 'Summer Legacy' started just a month ago and is already earning almost $27,000 a month with competitive phone cases.
The secret to success is not inventing a new product, but selling a product that is already proven to sell and adding a trending design to it.
A strategy to create better designs is to use AI to enhance and improve upon existing popular designs without directly copying them.
Automations can be set up to handle printing and shipping, making the process as passive as possible for the seller.
The store 'Summer Legacy' has a listing making $6,700 a month, proving that new listings can be successful even in a competitive market.
A scrapbook collage type design is popular among buyers, as evidenced by the success of the store's phone case listings.
The listing title's simplicity with only three keywords indicates that over-optimization is not necessary for success in competitive markets.
Another store is making $7,800 a month with a single listing, showing that high revenue can be achieved with minimal product variety.
Print-on-demand (POD) allows for selling physical products without the need to store, print, or ship the items, making it a low-capital startup option.
Gelato is recommended as a POD provider due to its global printing partners, which can lead to lower shipping costs and faster delivery times for customers.
The profit margin for selling phone cases can reach up to 74%, allowing for flexibility in pricing and the ability to run discounts or ads.
Using AI tools like Midjourney for design creation can greatly enhance product offerings and differentiate from competitors.
Personalization options for phone cases can increase profits by an additional 25% to 35% without increasing costs, and can help stand out in a crowded market.
AI website builders like Hostinger or Wix make it easy to build an e-commerce website without coding experience, providing an alternative to platforms like Etsy.
Driving organic traffic through platforms like TikTok can significantly boost sales, as demonstrated by the high view counts and engagement on phone case videos.
The use of AI in creating designs and mockups, as well as the integration with POD services, represents a new frontier in e-commerce and passive income generation.