I Tried Selling AI Art in 2024 (ACTUAL RESULTS)
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.
- 🛍️ The store's product offerings include clip art, digital paper, and AI prompts, which cater to different customer needs.
- 🎄 The store was launched around the Christmas season, leveraging the popularity of digital paper for gift wrapping.
- 📈 The store's strategy involves selling a mix of digital products under a cohesive theme rather than focusing on a single product type.
- 🔍 The use of the tool 'Everyb' helped identify hot products and trends on Etsy, guiding the store's product development.
- 🚀 By combining popular elements from different successful listings, the store created unique products that appeal to current trends.
- 📝 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.
- 📊 The store's performance was tracked, showing an increase in visitors, orders, and revenue over time, with a peak on December 31st.
- 💰 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.
- 📈 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
🎨 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.
🚀 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.
📈 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
AI Art
Etsy
Clip Art
Digital Paper
AI Prompts
Everyb
Branding
Cohesive Theme
Mid Journey
Canva
Seasonal Products
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.