WATCH This Before You Start Selling A.I Art on Etsy

Patryk Marketer
18 Aug 202309:31

TLDRThe video discusses the realities of selling AI-generated art on Etsy, a platform that has seen an increase in such listings. The speaker, who has been selling AI art since March, addresses the issue of market saturation but encourages viewers not to see it as a barrier. They share their experiences with overcoming saturation through quality listings, building a reputation, and offering unique products that stand out. The video also emphasizes that success on Etsy is a long-term game, similar to building a business, and that patience and consistent effort are key. The speaker advises on creating relevant and high-quality listings that cater to current trends and seasons, such as back-to-school or Halloween themes. They also touch on the challenges of seasonality in sales and suggest that having a stable job while pursuing this venture can be advantageous. The video concludes with a call to action to join their Discord community for further support and discussion.

Takeaways

  • 🎨 **AI Art on Etsy is a New Genre**: The speaker started selling AI art on Etsy in March and has observed an increase in people doing the same since then.
  • 📈 **Saturation is a Concern**: There's a growing number of AI-generated listings on Etsy, which can be a problem, but the speaker views it as a natural part of a capitalist, free-market system.
  • 🚀 **Overcoming Saturation**: The speaker suggests that having many listings, building a reputation, and offering high-quality products can help overcome saturation.
  • 🌟 **Quality and Presentation Matter**: To stand out, focus on the quality of your product and how you present it, which can lead to repeat customers and better visibility.
  • 📚 **Long-Term Game**: Selling AI art on Etsy is not a get-rich-quick scheme; it's a long-term endeavor that requires patience and consistent effort.
  • 📉 **Seasonality Affects Sales**: Be prepared for fluctuating income due to the seasonal nature of the business, which is a common challenge for entrepreneurs.
  • 💼 **Treat it Like a Business**: Approach AI art sales as a serious business, invest time and effort, and consider using stable income to hire help and scale up.
  • 🤝 **Community Support**: Joining a like-minded community, such as a Discord group, can provide support and insights into the AI art market on Etsy.
  • 📈 **Success Stories**: There are examples of new stores succeeding in selling AI-generated content by focusing on quality, theme, and presentation.
  • 📅 **Relevance to Current Trends**: Create products that align with current trends and seasons, such as back-to-school or Halloween themes, to attract customers.
  • ⛔ **Avoid Irrelevant Listings**: Many sellers fail because they create listings that are not relevant to what customers are looking for, contributing to market saturation.

Q & A

  • What is the main challenge the speaker identifies when selling AI art on Etsy?

    -The main challenge identified is saturation. The speaker notes that when they started, there was less competition, but as more people have begun selling AI-generated content, the market has become saturated.

  • What does the speaker suggest is a key factor in overcoming saturation in the market?

    -The speaker suggests that the quality of the product and how you stand out from the rest are key factors in overcoming saturation. This includes having a unique presentation, offering a variety of listings, and building a reputation.

  • How does the speaker describe the nature of selling AI art on Etsy in terms of time and effort?

    -The speaker describes it as a long-term game, not a quick fix like dropshipping. It requires building a reputation, consistent sales, and a loyal customer base over time.

  • What is the speaker's advice for dealing with the seasonality of the business?

    -The speaker advises having a regular job alongside the AI art business to handle the seasonality. They suggest using a stable income to invest in the business, such as hiring a virtual assistant to create AI art.

  • Why does the speaker believe that some people may not be suited for the seasonality of running an AI art business?

    -The speaker believes that the unpredictability of income and the fluctuating nature of sales can be difficult for some people to handle, which is why they recommend having a regular job for stability.

  • What is the speaker's perspective on the role of AI in creating art for sale?

    -The speaker emphasizes that while AI can assist in creating art, it is not a substitute for quality and relevance. They stress the importance of understanding what people are looking for and creating listings that meet those needs.

  • How does the speaker describe their own journey with selling AI art on Etsy?

    -The speaker describes their journey as one with initial success, followed by a period of struggle with saturation, and then a breakthrough where they managed to overcome these challenges through quality listings and building a reputation.

  • What is the significance of the example store that the speaker mentions in the script?

    -The example store, which is only four months old, is significant because it demonstrates that with hard work, a unique presentation, and a focus on quality, it is possible to succeed even in a saturated market.

  • What is the speaker's view on the importance of themes and relevance in AI art listings?

    -The speaker views themes and relevance as crucial. They argue that creating art that aligns with current events or seasons, such as back-to-school or Halloween themes, is more likely to attract customers than random or unrelated artwork.

  • Why does the speaker suggest that some sellers may not be successful in selling AI art?

    -The speaker suggests that some sellers may not be successful because they are creating low-quality listings, failing to offer relevant products, and not standing out from the competition.

  • What advice does the speaker give for those interested in joining a community of like-minded individuals?

    -The speaker advises interested individuals to join their Discord community through the YouTube membership, which provides access to like-minded people and additional benefits.

Outlines

00:00

🎨 Navigating Saturation in AI Art on Etsy

The speaker discusses their experiences selling AI-generated art on Etsy, noting the increased saturation in the market since they began in March. Despite the saturation, they emphasize that it's not a significant obstacle. They share their breakthrough, which involved having numerous listings, building a reputation, and receiving recurring purchases. The speaker also stresses the importance of product quality and standing out from the competition as key to overcoming saturation.

05:03

🚀 Long-Term Strategy and Seasonality in AI Art Sales

The speaker addresses the long-term nature of the AI art business on Etsy, contrasting it with the quick results expected from dropshipping. They share their own journey, which had its ups and downs, and now shows promising results. The speaker advises treating the business as a long-term endeavor, similar to building a traditional business that requires time to establish. They also touch on the challenges of seasonality in sales, explaining the unpredictability of income and the need for persistence and commitment. The speaker suggests using a stable income from a regular job to invest in the business and to manage the seasonality effectively.

Mindmap

Keywords

💡AI Art

AI Art refers to artwork that is created using artificial intelligence algorithms and tools. In the context of the video, the creator discusses the process of selling AI-generated art on the online marketplace Etsy, which is a new and emerging genre in the art world. The video emphasizes the importance of quality and uniqueness in AI art to stand out in a saturated market.

💡Etsy

Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. The video script discusses the experience of selling AI art on Etsy, highlighting the challenges and strategies for success in a competitive environment. The platform is portrayed as a venue where saturation and competition are common but can be overcome with high-quality listings and a strong brand identity.

💡Saturation

In the context of the video, saturation refers to the oversupply of similar products in a market, leading to increased competition and potentially lower sales. The speaker addresses the issue of saturation in the AI art market on Etsy, explaining that while it is a challenge, it can be mitigated by creating high-quality, unique products and building a strong reputation.

💡Content Creator

A content creator is an individual who generates original content, often for online platforms such as YouTube. In the script, the speaker identifies as a content creator who has been documenting their journey of selling AI art on Etsy. This role is significant as it allows the speaker to share insights, experiences, and lessons learned with their audience.

💡Discord

Discord is a communication platform that allows users to create communities around various topics. The video script mentions joining a Discord community for like-minded individuals interested in AI art and Etsy sales. It serves as a space for discussion, collaboration, and support among members who share similar interests.

💡Quality

Quality, in the context of the video, refers to the standard or level of excellence of the AI art being sold. The speaker emphasizes that high-quality products are crucial to stand out in a saturated market and attract customers. Quality is portrayed as a key differentiator that can lead to recurring purchases and a strong store reputation.

💡Long-term Game

The term 'long-term game' is used to describe an approach that focuses on sustainable and lasting success rather than immediate gains. The speaker suggests that selling AI art on Etsy is not a get-rich-quick scheme but requires patience, consistent effort, and a long-term perspective to build a successful business.

💡Seasonality

Seasonality refers to the time of the year when demand for certain products is higher. In the script, the speaker talks about the impact of seasonality on sales, noting that it can lead to fluctuations in income. The speaker advises on creating relevant products for different seasons, such as back-to-school or Halloween themes, to capitalize on seasonal demand.

💡Reputation

Reputation in the context of the video refers to the standing or esteem of a seller on the Etsy platform, often built through consistent, positive customer experiences. The speaker mentions that a strong reputation can lead to recurring purchases and a competitive advantage in a saturated market.

💡Virtual Assistant

A virtual assistant is an individual who provides administrative or creative support from a remote location. The video script suggests hiring a virtual assistant to help with creating AI art, which can be a cost-effective way to expand operations and manage the workload, especially when starting out in the AI art business.

💡Entrepreneurship

Entrepreneurship is the process of designing, launching, and running a new business. The video discusses the challenges and realities of entrepreneurship, particularly in the context of selling AI art on Etsy. The speaker shares their personal experiences and emphasizes the importance of commitment, effort, and treating the venture as a long-term business.

Highlights

The video discusses the truths and experiences of selling AI art on Etsy, a new genre that has gained popularity this year.

The presenter has been selling AI art on Etsy since March and documents their journey on YouTube.

Saturation is identified as a significant issue in the market for AI art on Etsy.

The presenter emphasizes that saturation is a natural part of capitalism and a challenge to be overcome.

Having many listings and building a reputation can help mitigate the effects of market saturation.

Quality of the product and standing out from the competition are key to success in a saturated market.

The presenter shares that AI art on Etsy is a long-term game, unlike dropshipping, and requires patience and persistence.

The importance of creating relevant and high-quality listings that cater to current trends is highlighted.

Seasonality is a factor in the business, with varying sales throughout the year.

The presenter suggests using a stable income from a regular job to invest in and grow an Etsy AI art business.

Hiring virtual assistants to create AI art can be a strategic move for those with a stable income.

The presenter shares an example of a successful store that is only four months old, emphasizing the importance of effort and presentation.

Creating listings that are not relevant to current trends or customer needs contributes to market saturation.

The presenter advises against relying solely on AI for creating products and the importance of understanding customer preferences.

The video stresses the reality that not everyone can handle the seasonality and unpredictability of running a business.

The presenter encourages viewers to treat the Etsy AI art business as a long-term endeavor and to commit to it fully.

The importance of being honest about the challenges and being prepared for a long journey in the AI art market on Etsy is emphasized.