I Made $3,995/Week With Basic Canva Clip Art - here’s how…

Wholesale Ted
1 Jan 202413:30
EducationalLearning
32 Likes 10 Comments

TLDRThe video script details a successful challenge of creating a passive income stream through an Etsy store selling print-on-demand products, using basic clip art from Canva. The creator shares her strategy of identifying popular products, applying the 'cross idea formula' to find niche markets, and utilizing tools like Printify and Canva to design and sell unique T-shirts. She emphasizes the importance of product differentiation, profit margin calculation, and optimizing listings for Etsy's algorithm. The video also offers tips on using Etsy ads for increased sales and provides resources for further learning.

Takeaways
  • 🚀 Embarking on a six-month challenge to create passive income by selling basic clip art on Etsy.
  • 🔥 Starting with a new store despite skepticism about Etsy's saturation, achieving $200 to $4,000 weekly profit.
  • 📈 Utilizing the cross idea formula to select clip art from Canva that appeals to buyers and is easy to sell.
  • 🛍️ Leveraging print-on-demand services like Printify to handle production, packaging, and shipping, keeping the profit margin.
  • 🔍 Researching popular products on Printify's Bestsellers page to identify high-demand items like T-shirts.
  • 💡 Using Etsy's algorithm to find popular products with simple graphics and spotting trends for inspiration.
  • 🚫 Avoiding direct copying of existing products, instead creating unique items using the cross idea method.
  • 🎨 Designing T-shirt graphics with Canva, combining clip art with text and other visual elements.
  • 🌐 Downloading free resources and using tools like Photopea for additional design effects like distressed textures.
  • 📊 Setting product prices with the help of a profit calculator to ensure a 30-40% profit margin.
  • 📈 Optimizing Etsy listings with SEO-friendly titles, descriptions, and high-quality images for better visibility and sales.
Q & A

  • What was the main challenge the speaker set for themselves?

    -The main challenge was to create a new source of passive income within six months by starting a store on Etsy and selling basic clip art from Canva on print-on-demand products.

  • What was the initial skepticism about the speaker's challenge?

    -The initial skepticism was that Etsy is too saturated to make money with a new store.

  • How much was the speaker's store earning at the beginning?

    -At the beginning, the store was making about $200 a week.

  • What is the current weekly income of the speaker's Etsy store?

    -The store is currently earning between $3,000 to $4,000 a week passively.

  • What is the 'cross idea formula' mentioned in the script?

    -The 'cross idea formula' is a method used to choose basic clip art from Canva that will be easy to sell, and then upload it onto print-on-demand products to be sold for a profit.

  • How does Printify contribute to the speaker's business model?

    -Printify provides blank products that the speaker can resell. They handle the printing, packaging, and shipping of the products when an item is sold, allowing the speaker to earn a profit from the difference.

  • What is the most popular print-on-demand product according to the script?

    -T-shirts are the number one top-selling print-on-demand product of all time.

  • What mistake does the speaker advise against when trying to sell on Etsy?

    -The speaker advises against copying existing popular products because it's difficult to compete with established stores with many positive reviews.

  • How did the speaker use the cross idea formula to create a new product idea?

    -The speaker combined popular niches, such as funny T-shirts and animals, to create a unique product idea that wasn't already being sold on Etsy, like a funny parrot T-shirt with a double entendre.

  • What tool did the speaker use to design their T-shirt?

    -The speaker used Canva, a drag-and-drop graphic design app, to create their T-shirt design.

  • How does the speaker optimize their product listings on Etsy?

    -The speaker optimizes listings by including relevant keywords in the title, having an appealing product photo, and using Etsy's recommendation algorithm to their advantage.

  • What is the role of Etsy ads in the speaker's sales strategy?

    -Etsy ads help recommend the speaker's products in search results to people searching for similar items, and if the return on investment (ROI) is good, it can significantly boost sales and profits.

Outlines
00:00
🚀 Starting a New Etsy Store: The Challenge

The speaker shares their experience of starting a new store on Etsy, aiming to create a passive income source by selling basic clip art on print-on-demand products. Despite skepticism about Etsy's saturation, the store's earnings grew from $200 to $3,000-$4,000 a week. The process involves selecting popular products, using the cross idea formula to pick clip art that sells well, and listing them on Etsy for profit. The speaker emphasizes the importance of selling products that customers want and using print-on-demand services like Printify to handle production and shipping, keeping the profit margin.

05:03
🎨 Designing Products with Canva and Cross Idea Formula

The speaker explains the process of creating designs for print-on-demand products using Canva, a graphic design app with a vast library of clip art and other design elements. They detail how to use the cross idea formula to find unsaturated product ideas by combining popular niches with unique clip art. The example given involves creating a funny parrot T-shirt design with a double entendre, using feedback from chat GPT about parrots' behavior. The speaker also discusses the legal aspects of using Canva's clip art for commercial purposes and the steps to export high-quality print-ready files.

10:05
📈 Optimizing Profit Margins and Listing on Etsy

The speaker discusses strategies for optimizing profit margins, using a profit calculator to set product prices that meet the desired profit goals while accounting for Etsy's transaction fees. They explain the importance of listing optimization for Etsy's algorithm to recommend products to potential customers. The speaker also talks about the use of high-quality product photos and the benefits of Etsy ads for driving sales. By sharing their success with ads, where a small investment leads to significant returns, the speaker demonstrates how to effectively run a profitable Etsy store.

Mindmap
Keywords
💡Passive Income
Passive income refers to earnings that are generated with minimal effort and maintenance over time. In the context of the video, the creator challenges the notion that it's impossible to generate passive income through a new Etsy store by selling print-on-demand products. The video details a strategy of using basic clip art from Canva and selling it on products to earn $3,000 to $4,000 a week without active involvement in the sales process.
💡Etsy
Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. In the video, the creator uses Etsy as the marketplace to sell print-on-demand products, leveraging its algorithm to showcase recently purchased items and gain visibility for their new store.
💡Print-on-Demand
Print-on-demand is a business model where products are manufactured and shipped only when an order is received, reducing the need for inventory and upfront costs. In the video, the creator uses a print-on-demand service to produce and ship products featuring their designs, which are uploaded onto blank products provided by the service.
💡Canva
Canva is a graphic design platform with a user-friendly interface, offering a wide range of design templates and elements for creating visual content. In the video, the creator uses Canva to design their T-shirt graphics, selecting from millions of clip art and other design elements available in the Canva library.
💡Cross Idea Formula
The cross idea formula is a creative strategy used to generate unique product ideas by combining elements from different popular niches. In the video, the creator applies this formula to identify a niche (animals) and a popular concept (double entendre) to create a new product (a funny Parrot T-shirt with a double meaning) that is not already saturated in the market.
💡Profit Margin
Profit margin is a financial metric that represents the percentage of revenue that exceeds the cost of producing the goods or services sold. In the video, the creator emphasizes the importance of maintaining a healthy profit margin by using a profit calculator to determine the product pricing that would yield a 30% to 40% profit.
💡Product Listing Optimization
Product listing optimization is the process of enhancing the visibility and attractiveness of a product listing to improve its ranking in search results and increase the likelihood of sales. In the video, the creator discusses the importance of optimizing Etsy listings with relevant keywords and high-quality images to get the products recommended by Etsy's algorithm.
💡Etsy Ads
Etsy Ads is a paid advertising service offered by Etsy that allows sellers to promote their products within the platform's search results. In the video, the creator uses Etsy Ads to boost the visibility of their products, resulting in a high return on investment by carefully monitoring the ads' performance and adjusting the budget accordingly.
💡Free Distressed Texture
💡Placeit
Placeit is a platform that provides templates and scenes for creating product mockups, which can be used to generate high-quality images for e-commerce listings. In the video, the creator uses Placeit to transform their design into an appealing product photo that can be used to attract customers on Etsy.
Highlights

The challenge of creating a new passive income source on Etsy by selling basic clip art on print-on-demand products.

Debunking the myth that Etsy is too saturated to make money with a new store.

Achieving $200 a week to $3,000-$4,000 a week in passive income within four months.

Using the cross idea formula to select clip art from Canva that will be easy to sell.

The process of uploading selected clip art onto print-on-demand products and listing them for profit on Etsy.

Choosing a popular product to sell as the first step in the process.

Utilizing Printify as a platform to resell blank products with uploaded designs.

T-shirts being the number one top-selling print-on-demand product.

Avoiding the mistake of copying popular designs and instead creating unique product ideas using the cross idea formula.

Combining popular niches with clever ideas to create new product designs.

The importance of data in creating popular and viral products that stand out as a new store.

Downloading the free print-on-demand ebook for more tips on creating standout products.

Setting up a free Etsy and Printify account for new store creation.

Creating a cross idea image using clip art in Canva and uploading it onto a Printify product.

The legal use of Canva's clip art for commercial purposes when combined with other visual elements.

Using chat GPT to come up with ideas for double entendre in product designs.

Adding a distressed texture to product designs for a vintage look using Photopea.

Optimizing Etsy listings with keywords and amazing product photos for better recommendations and sales.

Utilizing Etsy ads for increased sales with a high return on investment.

Transcripts

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