7 Digital Products You Can Make Using AI ($34,901/Month)
Summary
TLDRIn this video, the creator explores seven digital product ideas that can be generated using AI tools like MidJourney, Canva, PhotoP, and ChatGPT. These products, which range from wedding invitation templates to logo and resume designs, are designed for easy automation, offering high-profit potential with minimal manual work. The video highlights how AI can handle most of the design and content creation, allowing creators to focus on refining and marketing their products. With examples from Etsy shops, the creator illustrates the income potential and provides insight into the tools required to build these passive income streams.
Takeaways
- 😀 AI tools offer a wide range of opportunities for creating profitable digital products with minimal overhead and passive income potential.
- 😀 Generating seamless patterns using AI tools like MidJourney is a simple way to create digital products that can be sold on platforms like Etsy, offering high-profit margins with minimal effort.
- 😀 Wedding resources, such as invitation templates, are in high demand on Etsy, and AI tools like MidJourney and Canva can automate the design process to create high-quality digital products.
- 😀 AI can assist in creating guides for industries such as real estate or Airbnb, with tools like ChatGPT helping to generate content and Canva or Word being used to format and design the final product.
- 😀 Logo design can be a highly profitable digital product, with AI tools like MidJourney providing quick and creative designs, saving time and allowing for a variety of logo packs to sell online.
- 😀 Business card design can be easily automated using AI tools for inspiration and Canva for template creation, allowing for quick creation and the possibility of upselling business cards alongside logo designs.
- 😀 Simple resume templates can be a profitable digital product, with AI tools like ChatGPT and MidJourney helping to create ATS-friendly and visually appealing resumes with minimal manual work.
- 😀 Product mock-ups, such as mug or poster mock-ups, are an easy-to-create digital product using AI tools, allowing sellers to display their digital items in a professional and marketable way.
- 😀 AI tools reduce the time and skill required for creating digital products, automating tasks like content generation, design, and formatting, leading to significant savings in effort and cost.
- 😀 Even though AI handles a large portion of the work, creators still need to invest time in mastering the tools, removing unwanted AI-generated elements (e.g., text), and refining designs for a polished final product.
Q & A
What are the seven digital products that can be created using AI tools?
-The seven digital products mentioned are: 1) Seamless pattern designs, 2) Wedding resources (e.g., invitations), 3) Guides (e.g., real estate, Airbnb), 4) Logo designs, 5) Business card templates, 6) Resume templates, and 7) Product mock-ups.
How much can digital product sellers make per month, according to the transcript?
-Some of the digital product ideas mentioned in the transcript can generate up to $34,000 a month, depending on the product and sales volume.
How does the use of AI impact the profitability of these digital products?
-AI helps to automate much of the creative and design work, reducing the time and effort required to produce these digital products. This leads to higher profit margins, with around 91% profit for digital products and lower overhead costs.
What is the estimated cost to run an AI-powered digital product business?
-The cost for using AI tools like MidJourney and Canva is approximately $30 per month for MidJourney and $13 per month for Canva, totaling around $1.43 per day for running the business.
What is the potential profit from selling seamless pattern designs?
-While the profit potential from selling seamless patterns is lower compared to other products, shops like Sweet Shop Design, which sell patterns for around $1.95 each, have earned around $70,000 in total sales.
How can MidJourney be used to create wedding invitation templates?
-MidJourney can generate minimalist wedding invitation designs based on prompts, and then these designs can be customized in tools like PhotoP and Canva by adding text boxes and adjusting elements for sale as templates.
What role does ChatGPT play in creating guides and templates?
-ChatGPT helps generate the text content for various guides (e.g., real estate buyer guides) by suggesting key sections and even writing portions of the text, making it easier to create informative and well-structured guides.
How do logo design shops generate revenue?
-Logo design shops on platforms like Etsy generate revenue by selling logo packs. These packs are priced between $10 and $130, with high-sales shops earning hundreds of thousands of dollars.
What is the difficulty level in creating business card templates using AI?
-The difficulty level for creating business card templates is rated as 4 out of 10, as the process involves taking AI-generated designs from MidJourney, customizing them in Canva, and adding text boxes, but the design process is relatively easy.
What are product mock-ups, and how can AI help create them?
-Product mock-ups are digital representations used to showcase a product in a real-world context, such as a mug on a table. AI tools like MidJourney can generate mock-up designs, and PhotoP can be used to refine and customize them for selling.
What is the biggest advantage of selling resume templates online?
-The biggest advantage is the passive income generated by selling simple, ATS-friendly resume templates. With low maintenance, these templates continue to sell over time, making them a highly profitable digital product.
How much can a shop selling resume templates earn, based on the example provided?
-Shops selling resume templates, such as 'Get Landed,' have made over $723,000 in lifetime sales, with recent sales adding another $6,613 in just two weeks.
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