I Tried Selling AI Art in 2024 (ACTUAL RESULTS)

Patryk Marketer
9 Jan 202410:52

TLDRIn 2024, selling AI-generated art on Etsy is not dead, as demonstrated by the success of a new store that focuses on AI art products. The store was built with the help of a friend, Mr. M, and offers a range of products including clip art, digital paper, and AI prompts. The strategy involved identifying popular trends on Etsy and combining the best features from different successful products to create new, unique offerings. The store's sales have been steadily increasing since its launch around the Christmas season, with December showing a significant spike in traffic and revenue. By the end of the first month, the store had generated over $1,200 in revenue, with a conversion rate of 7.4%. The success of the store suggests that there is still a market for AI art on Etsy, especially when the products are cohesive and follow a clear theme.

Takeaways

  • 🎨 Selling AI art on Etsy in 2024 is still viable, with the store showcasing a variety of AI-generated products.
  • πŸ›οΈ The store's product offerings include clip art, digital paper, and AI prompts, which cater to different customer needs.
  • πŸŽ„ The store was launched around the Christmas season, leveraging the popularity of digital paper for gift wrapping.
  • πŸ“ˆ The store's strategy involves selling a mix of digital products under a cohesive theme rather than focusing on a single product type.
  • πŸ” The use of the tool 'Everyb' helped identify hot products and trends on Etsy, guiding the store's product development.
  • πŸš€ By combining popular elements from different successful listings, the store created unique products that appeal to current trends.
  • πŸ“ The process of creating an AI prompt for generating specific designs was demonstrated, involving the use of Mid journey and Photoshop.
  • 🐱 An example of creating a new product was shown by combining the popularity of highland cows, cats, and Christmas themes.
  • πŸ“Š The store's performance was tracked, showing an increase in visitors, orders, and revenue over time, with a peak on December 31st.
  • πŸ’° The store generated a total revenue of $1,200 in December with a conversion rate of 7.4%, netting a profit of $621 after fees.
  • πŸ“ˆ The store's monthly sales have been consistent, averaging around $60 per day, indicating a positive trajectory for future sales.

Q & A

  • What was the initial reaction of the speaker when his friend approached him about building an Etsy store for AI-generated images?

    -The speaker's initial reaction was to refuse his friend's request, but he eventually decided to help him out.

  • What types of products are mentioned as being sold in the AI-generated image store?

    -The store sells clip art, digital paper, and AI prompts.

  • What is the significance of the store being created around the Christmas season?

    -Digital paper is extremely popular during the Christmas season, so creating the store around this time was a good option to start selling.

  • What is the misconception about selling digital products on Etsy that the speaker addresses?

    -The misconception is that building a brand and selling a niche means you have to sell just one type of product. The speaker clarifies that it's okay to sell different types of digital products as long as they have a cohesive theme.

  • How does the speaker use the tool 'everyb' to identify hot products on Etsy?

    -The speaker uses everyb to spy on the store and view data, sorting out the best sellers to see what makes them special and to get ideas for products to sell.

  • What is the process the speaker describes for creating a new AI-generated product based on popular trends?

    -The speaker combines the best features from different popular products, creates a prompt for the AI image generator, and modifies the prompt to get the desired result. The AI-generated image is then post-edited to remove the background.

  • What software does the speaker recommend for non-Photoshop users to remove the background from an image?

    -The speaker recommends using Canva, which has a background remover feature.

  • How many listings does the store have after operating for a month?

    -The store has about 150 listings after operating for a month.

  • What was the store's best-selling day and how much revenue did it generate on that day?

    -The best-selling day was December 31st, and the store made $83 on that day.

  • What is the conversion rate for the store as of the end of December?

    -The conversion rate for the store as of the end of December was 7.4%.

  • What is the speaker's strategy for creating listings that include both digital products and AI prompts?

    -The speaker saves the AI prompts used to create digital products like clip art and digital paper, puts them in a PDF file, and sells them as a prompt guide alongside the digital products.

  • What is the speaker's advice for those interested in learning more about selling AI-generated images on Etsy?

    -The speaker suggests joining his YouTube membership for access to more content, Discord, and weekly meetings.

Outlines

00:00

🎨 AI Art on Etsy: A New Store's Success Story

The video discusses the viability of selling AI-generated art on Etsy in 2024. Contrary to initial skepticism, the host shares the successful results from a new store they helped build, which sells products using AI images, including clip art, digital paper, and AI prompts. The video outlines the process of identifying product types suitable for the store, such as clip art and digital paper, which are popular during the Christmas season. It also touches on the misconception that a branded store must sell only one type of product, explaining that a cohesive theme across different digital products is more important. The host uses the example of a successful Etsy store that sells a variety of digital products with a consistent theme. The video concludes with a teaser to show the store's earnings later on.

05:01

πŸš€ Combining Popular Trends to Create Unique AI Art

The speaker details the process of creating unique AI-generated art by combining popular elements from existing successful products on Etsy. They identify hot-selling products and analyze what makes them special. Using a tool like Mid journey, they create a prompt to generate an image of a cat with a pink Christmas hat, based on the popular highland cow theme. The video demonstrates how to refine AI prompts to achieve the desired result and how to remove the background of the generated image using tools like Photoshop or Canva. The host also explains how they created two listings simultaneously by selling the AI-generated cat images as clip art and the prompts used to create them as a PDF file. The video concludes with the store's sales performance over the first month, showing a steady increase in revenue and orders.

10:03

πŸ“ˆ Etsy Store's Sales Trajectory and Future Outlook

The video concludes with an analysis of the store's sales trajectory, highlighting the potential for increased sales, especially given the focus on seasonal products. The host mentions the use of ads to boost sales, suggesting this as a topic for a future video. They invite viewers to join their YouTube membership for more content, participate in Discord discussions, and attend weekly meetings. The video ends on a positive note, with the host expressing hope that viewers found the content enjoyable and saying their goodbyes.

Mindmap

Keywords

πŸ’‘AI Art

AI Art refers to artwork that is created with the assistance of artificial intelligence. In the context of the video, AI Art is the main focus, as the store sells products that utilize AI-generated images, which include clip art, digital paper, and AI prompts. This represents a modern approach to art and design, leveraging technology to produce unique and creative products.

πŸ’‘Etsy

Etsy is an online marketplace that focuses on handmade or vintage items and craft supplies. In the video, the creator discusses the viability of selling AI-generated art on Etsy, highlighting the platform's potential for niche products and the importance of branding and product variety.

πŸ’‘Clip Art

Clip art refers to ready-made images that can be used in various design projects. In the video, clip art is one of the product types sold in the AI-generated art store on Etsy. These images, often of objects, animals, or sometimes humans, are used to create stickers and digital products.

πŸ’‘Digital Paper

Digital paper is a type of digital product that customers can purchase, print out, and use for various purposes, such as wrapping gifts. The video mentions that digital paper is particularly popular during the Christmas season, and the store in question capitalized on this trend by selling AI-generated digital paper.

πŸ’‘AI Prompts

AI prompts are specific instructions or descriptions given to an AI image generator to produce a desired output. In the context of the video, AI prompts are sold as a product because they can help users of AI image-generating software, like Mid Journey, to achieve specific results without having to come up with the prompts themselves.

πŸ’‘Everyb

Everyb is a tool mentioned in the video that allows users to spy on Etsy stores and view their sales data. It is used to identify hot products and trends on the platform, which can inform the types of AI-generated products the store should sell.

πŸ’‘Branding

Branding in the context of the video refers to the process of creating a unique name, image, or design for a store or product in order to distinguish it from others. The video emphasizes the importance of branding for an Etsy store, suggesting that it can help attract customers and increase sales.

πŸ’‘Cohesive Theme

A cohesive theme means that all the products in a store share a similar style or concept, creating a unified and consistent shopping experience. The video suggests that while a store can sell different types of digital products, they should maintain a cohesive theme to appeal to customers.

πŸ’‘Mid Journey

Mid Journey is an AI image generator software mentioned in the video. Users can input prompts into Mid Journey to generate images that match those descriptions. It is used to create the AI art sold in the store and is a key tool in the process of making AI-generated products.

πŸ’‘Canva

Canva is a graphic design platform used in the video to remove the background from AI-generated images, making them ready for use in design projects. It is presented as an alternative to Photoshop for those who may not be as proficient in photo editing.

πŸ’‘Seasonal Products

Seasonal products are items that are in higher demand during certain times of the year, such as Christmas. The video discusses how focusing on seasonal products, like Christmas-themed digital paper, can increase sales during those peak times.

Highlights

The video discusses the viability of selling AI art on Etsy in 2024.

A brand new store was built to sell AI-generated images, including clip art, digital paper, and AI prompts.

The store's success was measured in terms of sales and revenue generated.

The store utilized a mix of product types to appeal to a broader audience.

Digital paper was identified as a particularly popular product, especially during the Christmas season.

AI prompts were also sold, providing customers with creative starting points for their own AI image generation.

The store's branding strategy focused on a cohesive theme across different product types.

The use of the tool 'everyb' allowed the store to spy on competitors and identify top sellers.

Combining the best features from different popular products created unique offerings for the store.

A specific AI prompt was used to generate a cat image with a Christmas theme, showcasing the customization process.

Photoshop and Canva were mentioned as tools for editing and removing backgrounds from AI-generated images.

The store generated $66 in revenue from 17 orders in a single day.

Since its launch, the store has seen a steady increase in traffic and sales, especially with a focus on seasonal products.

The store's best-selling day resulted in $83 of revenue.

The actual profit after fees for the store was $621.

The store has about 150 listings, which include a combination of clip art, digital paper, and prompts.

The video suggests that running ads could be a topic for future content to further increase sales.