I Tried Selling AI Art Ornaments For 30 Days

Jensen Tung
25 Dec 202308:58

TLDRIn this video, the creator embarks on a 30-day challenge to sell AI-generated Christmas ornaments, using Leonardo AI to produce images and Printful for on-demand manufacturing and shipping. The journey includes designing unique flat wooden ornaments, listing on Etsy, and navigating the complexities of holiday sales. Despite early challenges with no initial sales and unexpected costs like VAT and off-site ad fees, the venture picks up in December, leading to a few sales. The creator emphasizes the importance of starting early for holiday products and being aware of all costs involved. In the end, after covering expenses and fees, the net income from selling three ornaments is a modest $35.10, offering a valuable lesson in online entrepreneurship and the unpredictability of holiday markets.

Takeaways

  • ๐ŸŽจ **Use an AI Art Generator**: Utilize Leonardo AI to create high-quality images for free.
  • ๐Ÿ› ๏ธ **Custom Product Manufacturing**: Employ a print-on-demand service like Printful to handle printing, packaging, and shipping.
  • ๐Ÿ“ **Design Customization**: Customize the ornaments using Printful's design maker, adjusting size, position, and adding text.
  • ๐Ÿ›๏ธ **Sell on Online Marketplaces**: Choose platforms like Etsy that focus on arts and crafts and are popular for holiday shopping.
  • ๐Ÿ” **Keyword Research**: Use Etsy's search suggestions and keyword research tools to find good keywords for your product listings.
  • ๐Ÿ’ฐ **Pricing Strategy**: Price your ornaments competitively, aiming for a 30% profit margin, and be aware of additional costs like VAT and shipping.
  • ๐Ÿ“ˆ **Advertising**: Consider using Etsy ads to boost visibility, but be mindful of the associated fees.
  • ๐Ÿ“… **Timing is Key**: Start selling holiday products months in advance to allow time for sales to pick up as the holiday approaches.
  • ๐ŸŽ **Personalization Options**: Allow customers to personalize the text on the ornaments to increase the product's value.
  • ๐Ÿ” **Cost Awareness**: Be very aware of all costs involved, including off-site ads fees and VAT, which can significantly impact profits.
  • ๐Ÿ“‰ **Refund Policy**: Have a clear refund policy in place and be prepared to handle customer complaints and returns professionally.

Q & A

  • What is the main subject of the video?

    -The main subject of the video is the journey of trying to sell AI-generated Christmas ornaments for 30 days, covering the process from art generation to manufacturing, advertising, and the financial outcome.

  • Which AI art generator was used in the video?

    -Leonardo AI was used to generate high-quality images for free.

  • What type of ornaments does the creator plan to sell?

    -The creator plans to sell flat wooden ornaments with AI art and text printed on them in various fun shapes.

  • How does the print-on-demand service, Printful, assist in the selling process?

    -Printful handles all of the printing, packaging, and shipping for the custom products. They only charge when a sale is made, and there is no upfront cost.

  • On which online marketplace does the creator plan to sell the ornaments?

    -The creator plans to sell the ornaments on Etsy, an online marketplace that focuses on arts and crafts.

  • What are the six important elements that need to be edited before publishing a listing on Etsy?

    -The six important elements are photos, title, tags, pricing, shipping, and personalization options.

  • What is the average price range for ornaments on Etsy?

    -Ornaments on Etsy sell for around $10 to $20 on average.

  • What additional costs did the creator not account for in their pricing?

    -The creator did not account for the off-site ads fee and the VAT (Value Added Tax) charged by the UK government.

  • How did the creator handle a situation where a customer requested a refund due to a damaged ornament?

    -The creator contacted Printful's support team, who issued a replacement at no cost, thus avoiding a negative review and resolving the issue.

  • What was the final net income for the 30-day challenge after all expenses?

    -The final net income for the challenge was $35.10.

  • What are the creator's final takeaways for selling holiday products?

    -The creator advises starting sales months early and being very aware of all costs, including fees and taxes that may impact profits.

  • What was the total revenue earned from selling the AI Christmas ornaments?

    -The total revenue earned from selling the AI Christmas ornaments was $668.

Outlines

00:00

๐ŸŽจ Journey of Selling AI-Generated Christmas Ornaments

The speaker embarks on a 30-day challenge to sell AI-generated Christmas ornaments. They choose Leonardo AI for creating high-quality images and plan to sell flat wooden ornaments with AI art and text on Etsy. The process involves using Printful for on-demand printing, which handles manufacturing, packaging, and shipping. The speaker outlines steps for listing on Etsy, including product design, keyword optimization, pricing strategy, and personalization options. Despite the initial lack of sales, the speaker remains hopeful for a successful holiday season.

05:02

๐Ÿ“‰ Challenges and Learnings in Holiday Product Sales

The speaker discusses the difficulties faced while selling holiday products, including the late start of sales and unexpected costs such as off-site ads fees and VAT. They also mention a refund situation due to a damaged product and the importance of being aware of all costs involved in the sales process. The speaker shares their final earnings after accounting for various fees and expenses, revealing a net income of $35.10. They conclude with lessons learned, emphasizing the need to start early and be mindful of costs when selling holiday products.

Mindmap

Keywords

๐Ÿ’กAI Art Generator

An AI art generator is a software or platform that uses artificial intelligence to create visual artwork. In the video, the creator uses Leonardo AI to generate high-quality images for the ornaments, which is a crucial step in the process of designing AI Christmas ornaments.

๐Ÿ’กPrintful

Printful is a print-on-demand service that allows users to create custom products without the need for upfront payment or inventory. It handles printing, packaging, and shipping, making it an essential tool for the video's subject who uses it to manufacture and sell the AI-generated ornaments.

๐Ÿ’กEtsy

Etsy is an online marketplace focused on handmade, vintage items, and craft supplies. It is popular for shopping for unique and personalized holiday gifts. The video's subject plans to sell the AI-generated ornaments on Etsy, leveraging its audience of craft and holiday shoppers.

๐Ÿ’กMockups

Mockups are digital representations of how a product will look in a particular setting or context. The video mentions using mockups provided by Printful and Photoshop to create a thumbnail image for the ornament listings, which is important for attracting potential buyers on Etsy.

๐Ÿ’กKeywords and Tags

Keywords and tags are words or phrases used to describe a product and improve its visibility in search results. The video emphasizes the importance of using popular and relevant keywords for the ornaments to increase their chances of being discovered on Etsy.

๐Ÿ’กProfit Margin

Profit margin is the percentage of revenue that represents a company's profit. The video's subject aims for a 30% profit margin on the ornaments, which is a key financial goal in the context of pricing and selling the products.

๐Ÿ’กPersonalization

Personalization refers to the ability to customize a product to meet individual customer preferences. In the video, the subject allows customers to personalize the text on the ornaments, adding value and appeal to the product.

๐Ÿ’กOff-site Ads Fee

An off-site ads fee is a charge for advertising a product on platforms outside of the primary sales channel. The video discusses an unexpected 15% fee for off-site ads on Etsy, which impacts the profitability of the ornaments.

๐Ÿ’กVAT (Value Added Tax)

VAT is a type of tax charged on the sale of goods and services, and it's 20% in the UK. The video's subject was not initially aware of this tax, which was applied to sales to the UK, significantly affecting the profit margin of the ornaments.

๐Ÿ’กRefunds and Replacements

Refunds and replacements are part of customer service when products are returned or exchanged due to dissatisfaction or damage. The video describes a situation where a customer requested a refund for a damaged ornament, which the subject had to handle carefully to maintain a good reputation on Etsy.

๐Ÿ’กSales Tax and Transaction Fees

Sales tax is a tax imposed on the sale of goods and services, while transaction fees are charges for processing payments. The video outlines various costs associated with selling the ornaments, including sales tax, transaction fees, and others, which all contribute to the final net income.

Highlights

Launching an AI art ornament selling challenge for 30 days, documenting from creation to sales.

Using Leonardo AI for generating free high-quality Christmas-themed images.

Choosing Printful, a print on demand service, for manufacturing and shipping without upfront costs.

Integration with Etsy to sell ornaments made easy through Printful's platform.

Leveraging Etsy's platform for visibility, focusing on keywords and SEO for product listing.

Designing personalized text options for ornaments to enhance customer value.

Utilizing both Etsy and offsite ads to increase sales as Christmas approaches.

Facing unexpected charges from VAT and off-site ads fees, impacting profit margins.

Addressing customer issues promptly with Printful's no-cost replacement for damaged products.

Evaluating the challenge's effectiveness with a total of three sales by the end.

Discussing the importance of starting holiday product sales early to maximize visibility.

Highlighting the challenges of holiday product sales, including the limited selling window.

Realizing the financial impact of additional fees and pricing strategy errors.

Concluding the challenge with modest earnings, stressing lessons learned in cost management.

Planning to apply the insights gained from this challenge to future holiday sales.