I Tried The Easiest AI Side Hustle For 30 Days
TLDRThe video script details an experiment where the creator attempts to sell AI-generated art patterns on Etsy for 30 days. They use mid-journey for pattern generation, focusing on designs that can be repeated seamlessly. Despite the high competition and saturation in the market, the creator manages to generate over 800 patterns and overcomes challenges like Etsy's file limitations and low profit margins. However, after incurring various costs and struggling with sales, the net income turns out to be negative, leading to a conclusion that selling AI patterns is more challenging than anticipated due to market saturation and the need for extensive advertising and customer convincing.
Takeaways
- 🎨 The journey of selling AI art patterns involves generating, uploading, advertising, and understanding market demand.
- 🖌️ Choosing the right AI art generator is crucial; 'mid-journey' was selected for its features.
- 🍆 A specific example given was generating a watercolor eggplant pattern that can be seamlessly repeated.
- 📈 The goal is to produce patterns that can be used in various products like scrapbooks, cards, and phone cases.
- 🔄 Seamless repetition is achieved by adding the '--tile' command in 'mid-journey'.
- 🛍️ Etsy is identified as a suitable platform for selling patterns due to its focus on arts and crafts.
- 🔍 Market research is conducted using Etsy's search suggestions and a free keyword research tool.
- 📊 The patterns are typically sold as 300 DPI images with dimensions of 3600 by 3600 pixels.
- 🚀 Upscaling AI patterns to meet Etsy's resolution requirements is necessary, using a tool like 'gigapixel AI'.
- 📋 The digital product listing on Etsy must include uploading the patterns, pricing, and using relevant keywords in the title and tags.
- 💡 Despite the effort and investment, the market can be saturated, and success in selling AI patterns is not guaranteed.
Q & A
What is the main objective of the speaker in the video?
-The speaker aims to sell AI-generated art patterns on Etsy for a period of 30 days, following the entire process from creation to advertising, to see how much money can be made from this endeavor.
Why did the speaker choose Mid-Journey as the AI art generator?
-The speaker chose Mid-Journey because of its features that allow for the generation of patterns that can be seamlessly repeated, which is essential for creating various products such as scrapbooks, cards, notebook covers, and print-on-demand items.
What is the significance of generating seamless, repeating patterns?
-Seamless, repeating patterns are significant because they can be used to create a variety of products, including scrapbooks, cards, notebook covers, packaging, and print-on-demand products like phone cases, pillows, and mugs. This makes them a potentially great product to sell due to the high demand.
How does the speaker plan to determine what patterns to sell on Etsy?
-The speaker plans to use Etsy's search suggestions and a free Etsy keyword research tool to find popular niches with less competition. They have discovered certain types of flowers, materials, and food are popular choices.
What resolution and DPI does the speaker aim to achieve for the AI patterns?
-The speaker aims to achieve a resolution of 6144 by 6144 pixels and a DPI of 300, which is the standard for patterns sold on Etsy. This is a significant upgrade from Mid-Journey's maximum output of 72 DPI and 1024 by 1024 pixels.
How does the speaker intend to upscale the AI-generated patterns?
-The speaker intends to use a paid AI image upscaler called Gigapixel AI, which can convert images to 300 DPI and upscale them up to six times the original resolution.
What is the speaker's strategy for selling the AI patterns on Etsy?
-The speaker plans to sell the AI patterns in packs of eight and will upload all the patterns into a folder on Google Drive. They will then share the link to this folder in a PDF document uploaded to Etsy as part of the digital product listing.
How does the speaker plan to price the AI pattern packs?
-The speaker plans to use e-rank's profit calculator, taking into account Etsy's fees and a 50% discount on all listings, to determine the final sale price of $2.49 per pack.
What challenges did the speaker face during the 30-day challenge?
-The speaker faced challenges such as intense competition on Etsy, difficulty in getting new listings to rank well in the search algorithm, and the need for multiple sales to cover costs and generate profit, given the low average price per pack.
What was the speaker's final outcome after the 30-day challenge?
-The speaker sold only two AI patterns, earning a total revenue of $7.47. However, after accounting for the costs of Mid-Journey subscription, ads, and Etsy fees, the net income was a loss of $61.79.
What alternative approach did the speaker consider to improve sales?
-The speaker considered evolving the business model by using the AI patterns to create and sell their own print-on-demand products, such as mugs, which could potentially lead to higher sales and profits per sale.
Outlines
🎨 Exploring AI Art Patterns for Profit
The speaker embarks on a 30-day challenge to sell AI-generated art patterns, focusing on Mid-Journey as their chosen AI art generator. The goal is to create patterns that can be used in various products like scrapbooks, cards, and phone cases. The speaker plans to sell these patterns on Etsy, using the platform's search suggestions and a free keyword research tool to identify popular niches with less competition. They discuss the technical requirements for the patterns, such as the 300 DPI resolution and the need to upscale images using Gigapixel AI. The speaker also outlines the essential elements of a digital product listing on Etsy, including uploading patterns, pricing strategy, and utilizing SEO techniques with the help of an ebook on best practices for using AI in marketing.
📈 Etsy Sales Challenge and Learnings
The speaker shares their experience halfway through the 30-day Etsy sales challenge, noting the lack of sales and the potential reasons behind it, such as competition and lack of reviews. They consider evolving the business model by using the AI patterns to create and sell print-on-demand products. By the end of the challenge, the speaker sold only two AI patterns, resulting in a net income loss. They reflect on the difficulties of selling AI patterns on Etsy due to market saturation and the need for convincing multiple customers to make a profit. The speaker concludes with a suggestion to try selling AI mugs for the next challenge.
Mindmap
Keywords
💡AI art patterns
💡Mid-Journey
💡Etsy
💡300 DPI resolution
💡Gigapixel AI
💡Digital product listing
💡e-rank
💡SEO and keyword research
💡Etsy ads
💡Saturated market
💡Print-on-demand products
Highlights
The individual plans to sell AI-generated art patterns on Etsy, aiming to replicate the success of others who have reportedly made substantial income from similar endeavors.
The chosen AI art generator is 'mid-journey' for its features, and the first pattern created is a watercolor eggplant design.
The goal is to create pattern art that can be seamlessly repeated, which is popular for various applications like scrapbooks, cards, notebook covers, and print-on-demand products.
The individual plans to use Etsy's search suggestions and a free keyword research tool to identify popular niches with less competition for the patterns.
The AI-generated eggplant art meets the seamless repetition requirement, making it a suitable pattern for the intended market.
Etsy is chosen as the marketplace for selling the patterns due to its focus on arts and crafts and popularity among pattern shoppers.
The individual encounters a challenge with the AI generator's maximum output resolution and decides to use a paid image upscaler called 'gigapixel AI' to meet Etsy's requirements.
Patterns are typically sold as 300 DPI images measuring 3600 by 3600 pixels on Etsy, and the individual opts to upscale to 6144 pixels for a premium product.
To circumvent Etsy's limit of five digital files per listing, the individual plans to upload all AI patterns to a Google Drive folder and provide the link in the product description.
The individual designs thumbnails and full previews for the listings using Photoshop, emphasizing the importance of visual appeal in digital product listings.
Pricing strategies are discussed, with the individual aiming for a final sale price of $2.49 after accounting for Etsy's fees and a 50% discount.
The individual plans to use popular keywords related to digital paper and AI patterns to optimize the product listings for search and attract potential buyers.
A free ebook is mentioned, offering best practices for using AI in SEO and keyword research, and the individual emphasizes the need to fact-check findings from AI tools.
The individual has created over 100 new listings and over 800 individual AI patterns in the first week, showcasing a high level of dedication and effort.
Despite the efforts, there were no sales initially, and the individual considers the possibility of evolving the business model by using the AI patterns to create and sell print-on-demand products.
The individual concludes that selling AI patterns is challenging due to market saturation and the need to convince multiple customers to make a profit.
In the end, the individual sold only two AI patterns, earning a total revenue of $7.47, but incurred expenses that resulted in a net loss.
The individual suggests selling AI mugs for the next 30 days as a potential new venture, indicating a willingness to adapt and explore different avenues for success.
Transcripts
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