7 Digital Products You Can Make Using AI ($34,901/Month)

Alek
9 Mar 202315:36

TLDRIn this video, the host introduces seven lucrative digital products that can be created with the aid of AI, potentially generating over $34,901 per month. The products range from pattern designs using AI image generation tools like Midjourney, to digital wedding resources, real estate guides, logo design shops, business cards, resume templates, and product mock-ups. The host emphasizes the high profit margins and relative untapped market for these niche products. Each idea is briefly explained, highlighting how AI can streamline the design process, from generating seamless patterns to crafting minimalist wedding invitation templates. The video also touches on the use of tools like Canva and Chat GPT for text generation and design assistance, while noting the manual work required to finalize the products. The host promises full-length tutorials for each idea in the coming weeks and encourages viewers to subscribe for updates.

Takeaways

  • 🌟 **Creating Digital Patterns**: Using AI, specifically Mid-Journey AI, to generate seamless patterns that can be sold as digital downloads on platforms like Etsy.
  • 💍 **Selling Wedding Resources**: Leveraging AI tools like Mid-Journey and Canva to create and sell wedding invitation templates and other wedding-related digital resources on Etsy.
  • 📚 **Generating Guides**: Utilizing AI, such as Chat GPT, to generate content for guides in various industries, like real estate, and then formatting these into visually appealing templates.
  • 🏢 **Opening a Logo Design Shop**: Employing AI to design logos and using platforms like Etsy to sell logo packs, targeting simplicity and affordability to appeal to a broad customer base.
  • 📇 **Creating Business Cards**: Using AI for initial design inspiration and then recreating and formatting these into editable templates in Canva for business card sales.
  • 📝 **Developing Resume Templates**: AI assists in generating sections and text for ATS-friendly resume templates, offering a range of designs from simple text to more creative options.
  • 🎨 **Selling Product Mock-ups**: AI is used to envision product mock-ups on various backgrounds, which are then refined in a photo editing tool to create sellable mock-up designs.
  • 💰 **Profit Margins**: Digital products offer a high profit margin, often around 91%, and with AI assistance, these can be created with minimal manual work involved.
  • 📈 **Market Demand**: There is a high demand for digital products, particularly on platforms like Etsy, where niche markets are still relatively untapped.
  • 🚀 **AI Efficiency**: AI tools can significantly reduce the time and effort required to create digital products, with AI handling a large portion of the design and content creation process.
  • 🔧 **Technical Skills**: While AI streamlines the creation process, some manual work and technical skills are still necessary for refining AI-generated designs and turning them into sellable products.

Q & A

  • What are the seven digital products that can be created using AI as mentioned in the transcript?

    -The seven digital products are: 1) Generating patterns, 2) Selling wedding resources, 3) Generating guides, 4) Opening a logo design shop, 5) Creating business cards, 6) Creating resume templates, and 7) Selling product mock-ups.

  • How much profit margin can one expect from selling digital products?

    -One can expect to keep a roughly 91% profit margin from selling digital products.

  • What is the significance of using AI in creating seamless pattern designs?

    -AI can generate the patterns automatically, reducing the manual effort required. This allows for quick creation of unique designs that can be sold as digital downloads.

  • How does one use AI to generate a minimalist wedding invitation template?

    -One can use a combination of mid-journey (an image generation AI) and Canva. First, generate an image using mid-journey with a prompt for a minimalist wedding invitation. Then, use tools like Photopea to clean up the image and Canva to add text boxes for a customizable template.

  • What is the potential income from selling real estate buyer and seller guides on Etsy?

    -The shop 'Real Estate Templates Company' has done over 40,000 sales, likely bringing in around $244,000 based on their average price.

  • How can AI assist in creating a logo design shop?

    -AI, specifically mid-journey, can create logos for various businesses. Users can input prompts to generate logo ideas, which can then be refined and used as a basis for selling logo packs.

  • What is the process of creating business cards using AI?

    -Using mid-journey, one can generate a business card design. Then, the image is taken into Canva where text boxes are added to replace text areas, making it a customizable template for customers.

  • Why are resume templates considered profitable and passive products?

    -Resume templates are profitable due to their high demand and relatively low cost to produce. They are passive because once created, they can be sold repeatedly with little to no additional work.

  • How can AI be utilized to create product mock-ups?

    -AI can imagine a product, like a mug, on a specific type of background. The generated image can then be refined using a tool like Photopea to create a clean mock-up that can be sold.

  • What is the approximate monthly cost of running a business that uses AI for creating digital products?

    -The monthly costs can vary based on the specific tools and services used, but examples given include $30 for mid-journey and $13 for Canva, totaling approximately $43 per month.

  • What is the difficulty score of using AI to create digital products, and why?

    -The difficulty score ranges from 4 to 8 out of 10, depending on the product. The score reflects the learning curve associated with using tools like Photoshop or Photopea, as well as the challenge of crafting effective AI prompts.

  • How does the use of AI in creating digital products impact the potential for sales and uniqueness?

    -AI enhances the potential for sales by allowing for rapid creation of a large volume of unique products. It also reduces the barrier to entry for those without extensive design skills, making it possible to generate innovative designs that can stand out in the market.

Outlines

00:00

🌟 Digital Product Ideas with AI Tools

The video introduces seven different digital products that can be created using AI tools, which have the potential to earn over $34,000 a month. The speaker plans to cover these ideas quickly and provide full-length tutorials in the future. The digital products mentioned range from pattern designs to wedding resources, and the video emphasizes the high profit margins and passive income potential of these products. The speaker also discusses the untapped niches and how AI can be used to create seamless patterns, wedding invitation templates, and more, with examples provided from successful Etsy shops.

05:01

🎨 AI-Generated Design Products on Etsy

The paragraph discusses the use of AI to create and sell design products on Etsy. It covers how AI can help in generating patterns, wedding invitation templates, and logos by using tools like mid-journey and Canva. The video provides a step-by-step guide on how to use these tools, including how to remove unwanted elements and add text boxes to create templates. The potential earnings from these products are highlighted, with examples of successful shops and their sales figures. The costs and difficulties associated with using AI for these products are also outlined.

10:02

📚 AI-Assisted Guide Creation and Logo Design

This section of the video script explores the idea of using AI to create guides and logo designs for various industries. It mentions the use of chat GPT to generate content for real estate buyer guides and other informational packets. The video also covers the process of creating logo designs using mid-journey AI, emphasizing the importance of crafting effective prompts. The potential profits from selling logos on platforms like Etsy are highlighted, along with the costs and learning curves associated with using the necessary tools.

15:03

💼 Business Card and Resume Template Designs with AI

The speaker presents the idea of creating and selling business card and resume templates with the help of AI. They discuss using mid-Journey AI to generate design ideas and Canva to create editable templates for customers. The video provides an overview of the process, from generating the initial design with AI to recreating the business card in Canva with text boxes and additional elements. The profitability of these products is discussed, with examples of successful Etsy shops and their sales figures. The costs of using AI tools and the difficulty level of creating these templates are also considered.

🖼️ AI-Generated Product Mock-ups for E-commerce

The final paragraph of the video script focuses on the concept of selling product mock-ups, which are essential for displaying digital products in an appealing way on e-commerce platforms. The speaker demonstrates how to use mid-Journey AI to create mock-up designs and then refine them using a free Photoshop alternative called Photopea. The potential profit from selling mock-ups is highlighted, with examples of successful shops and their estimated earnings. The video also touches on the creative possibilities offered by AI tools and invites viewers to subscribe for upcoming tutorials on the discussed topics.

Mindmap

Keywords

💡Digital Products

Digital products are items that are distributed in a digital format, such as software, e-books, templates, and designs. In the context of the video, these are products that can be created using AI tools and sold online, often with high profit margins and minimal ongoing effort. The video discusses various types of digital products that can be made profitable, such as patterns, wedding resources, and logo designs.

💡AI Tools

AI tools refer to software applications that utilize artificial intelligence to automate or enhance certain tasks. In the video, AI tools like Mid-Journey and Canva are mentioned as instrumental in creating digital products with less manual effort, thus increasing efficiency and reducing the time required to produce items for sale.

💡Profit Margin

Profit margin is a financial metric that shows how much profit a company makes for every dollar of revenue. The video highlights that digital products have a roughly 91% profit margin, indicating that they are highly lucrative once set up.

💡Seamless Patterns

Seamless patterns are designs that can be repeated to cover a surface without any visible breaks or gaps. In the video, it is mentioned that these patterns are used for creating printable papers and other products. The creation of such patterns is facilitated by AI, specifically through image generation AI like Mid-Journey.

💡Etsy

Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. The video uses Etsy as a reference to demonstrate the sales potential of digital products, as it allows sellers to list their creations and track sales history.

💡Wedding Resources

Wedding resources refer to various templates and designs that can be used for wedding invitations, save-the-date cards, and other wedding-related materials. The video suggests that these are in high demand and can be created using AI to generate designs, which can then be formatted and sold as digital downloads.

💡Logo Design

Logo design involves creating visual symbols or icons that represent a company or brand. The video discusses how AI can be used to generate logo concepts, which can then be refined and sold as part of a logo pack. This process can be highly profitable, as logos are a fundamental part of branding.

💡Business Cards

Business cards are small cards printed with one's name, occupation, company, and contact information. In the video, it is suggested that AI can help in designing business cards by generating initial concepts, which can then be turned into templates for customers to customize and use.

💡Resume Templates

Resume templates are pre-designed formats that help job seekers structure their resumes in a professional manner. The video mentions that creating and selling resume templates on platforms like Etsy can be a profitable venture, especially when using AI to generate innovative and ATS-friendly designs.

💡Product Mock-ups

Product mock-ups are visual representations of how a product might look in a real-world setting. They are used by sellers to showcase their products in a more appealing way. The video describes how AI can be used to create mock-up images for products like mugs and posters, which can then be sold to other sellers.

💡Mid-Journey

Mid-Journey is an image generation AI mentioned in the video that can create images based on given prompts. It is used to generate various designs for digital products, such as patterns and logos, which can then be refined and sold. The tool is highlighted for its ability to produce high-quality images that can be the basis for digital products.

Highlights

AI can be used to create seven different types of digital products with the potential to earn over $34,901/month.

Using AI tools, one can generate seamless patterns for digital download, which are popular for printable papers.

AI image generation tools like Mid-Journey can be utilized to create unique and seamless pattern designs.

Photope, a free Photoshop alternative, can be used to manipulate and define AI-generated images as new patterns.

Etsy can be a lucrative platform for selling AI-created digital products, such as wedding resources and invitation templates.

Combining AI with platforms like Canva can automate the creation of wedding invitation templates, reducing manual labor.

AI can assist in generating guides for industries like real estate, Airbnb, and more, by providing structured content.

Chat GPT can be used to generate sections of text for guides, making the process of creating informative content more efficient.

AI can be employed to design logos for businesses, which can be sold as logo packs on platforms like Etsy.

Mid-Journey is particularly effective for creating logo designs, which can then be refined using tools like Photope.

Business cards can be designed using AI, offering an additional revenue stream for digital product creators.

Resume templates are a profitable niche for digital product sales, with AI assisting in generating sections and ATS-friendly text.

Product mock-ups, essential for e-commerce, can also be created using AI, offering a new avenue for digital product designers.

AI tools can significantly reduce the time and effort required to create digital products, increasing profitability.

The use of AI in digital product creation allows for a high profit margin and relatively untapped niche markets.

Learning to use tools like Photoshop or Photope, although challenging, can greatly enhance the quality of AI-generated products.

AI can handle a significant portion of the design work, but some manual adjustments are still necessary to perfect the final product.

The speaker plans to release full-length tutorials on how to create these digital products using AI in the coming weeks.