Make $28,510/mo with this A.i Online Business

Alek
19 Aug 202312:49

TLDRThe video script discusses the successful growth of an online store selling Tumblr artwork, which has reached over $280,000 in profit in less than a year. It highlights the potential of AI in creating digital and physical products for online sales, specifically focusing on the Etsy platform. The video provides a step-by-step guide on using AI for designing tumbler wraps and selling them through Etsy and Printify, emphasizing the importance of quality designs, effective listing strategies, and the dedication required to achieve significant financial success.

Takeaways

  • πŸš€ Starting an online store from scratch can lead to significant financial success, as demonstrated by a store reaching over $2 million in sales.
  • πŸ›οΈ The success blueprint for selling products, whether digital, physical, handmade, or AI-generated, remains consistent across different types of goods.
  • 🎨 Tumblr artwork has proven to be a profitable niche, with one shop making over $280,000 in profit in less than a year.
  • πŸ”‘ The key to the shop's success was utilizing AI to create designs, which reduced the time spent on manual design work.
  • 🌐 The shop's designs, while appearing complex, were actually AI-generated, as evidenced by minor imperfections in the artwork.
  • πŸ’° By pricing their items between $2.97 and $7, the shop made a daily profit ranging from $800 to $2,000, projecting a first-year profit of $300,000 to $700,000.
  • πŸ” One shop's success was highlighted by being in the top 100 shops on Marketplace Pulse, with over 15,000 sales in 30 days, even with lower-priced items.
  • πŸ–ŒοΈ AI can be used to create seamless, wrap-around designs for products like tumblers, which can be sold as digital downloads or physical products through print-on-demand services.
  • 🎨 Midjourney, a text-to-image AI service, can be utilized to generate high-quality, customizable designs for various products, streamlining the design process.
  • 🌐 Etsy is a valuable platform for selling digital designs, offering free traffic and a large customer base interested in such products.
  • πŸ’Ό The process of selling AI-generated designs involves creating a mock-up, optimizing listing details such as titles and tags, and understanding the effort required to achieve significant sales results.

Q & A

  • What is the main lesson the speaker has learned from growing an online store?

    -The main lesson is that the blueprint for success is the same regardless of the type of product being sold, and some products can lead to financial goals faster than others.

  • What is the potential product the video is analyzing?

    -The potential product is Tumblr artwork, which has been sold successfully on an online store, generating over $280,000 in profit in less than a year.

  • How does the speaker suggest using AI to replicate the success of the analyzed shop?

    -The speaker suggests using AI to automate and wrap applicated the design process, allowing for the creation of numerous designs without being stuck at the computer.

  • What are the characteristics of the Tumblr artwork niche?

    -The Tumblr artwork niche is sellable on Etsy, can be sold as a digital or physical product, and its designs can be automated using AI.

  • How much profit does the analyzed shop make daily based on its sales and base prices?

    -The shop makes anywhere from $800 to $2,000 in profit each day, with base prices ranging from $2.97 to $7 for different packs.

  • What is the significance of the shop called Tara Sparks in the video?

    -Tara Sparks is an example of a shop that has been successful by selling Tumblr wraps or artwork, with an average of 243 sales per day and over 94,000 sales in 344 days.

  • How does the speaker suggest generating multiple design ideas efficiently?

    -The speaker suggests using a text field to input a prompt and then generating multiple images based on that prompt, which can be upscaled or edited as needed.

  • What is the role of the AI tool Mid-Journey in the process?

    -Mid-Journey is a text-to-image AI tool that helps create perfectly fitting designs for tumblers, allowing for the generation of high-quality, seamless wrap-around designs.

  • How does the speaker recommend fixing errors in AI-generated images?

    -The speaker recommends using a free alternative to Photoshop called Photopea, which has a healing tool to edit and correct graphical errors in the images.

  • What platform does the speaker recommend for selling the designs?

    -The speaker recommends Etsy for selling the designs due to its large monthly visitor traffic, which provides free exposure for the products.

  • What are the three elements needed to get listings in front of customers on Etsy?

    -The three elements needed are a mock-up for the listing image, the title with relevant keywords, and tags copied from top organic listings in the same niche.

  • What is the additional step for those who plan to drop ship physical tumblers?

    -For those planning to drop ship physical tumblers, they need to use a print-on-demand company like Printify, which allows uploading the artwork directly to the tumbler and integrates with Etsy for direct publishing and shipping.

Outlines

00:00

πŸš€ Growing an Online Store with AI Artwork

The speaker discusses their journey in growing an online store to over two million dollars in sales, starting from scratch. They emphasize that the key to success is identifying products that can quickly achieve financial goals. The video focuses on the success of a shop selling Tumblr artwork, which has made over $280,000 in profit in less than a year. The speaker explains that the niche meets several criteria: it's sellable on Etsy, can be offered as digital or physical products, and can be automated using AI. They highlight the shop 'Tara Sparks' as an example, which has made an average of 243 sales per day, with base prices ranging from $2.97 to $7, leading to daily profits between $800 to $2,000. The speaker notes that the designs, while complex, appear to be AI-generated due to small imperfections. They also mention another successful shop in the top 100 on Marketplace Pulse, which has made around $28,000 in profit in the last 30 days despite lower prices. The speaker suggests using AI to replicate this success and mentions a tool called Allura to aid in design creation.

05:03

🎨 Utilizing AI for Seamless Tumbler Designs

The speaker delves into the process of creating seamless, wrap-around designs for tumblers using AI. They demonstrate how to use a text-to-image AI tool called mid-journey to generate high-quality images and seamless designs. The speaker provides a step-by-step guide on how to use the tool, including how to upscale images and ensure seamlessness by adding the '--tile' parameter to the prompt. They also explain how to create multiple designs efficiently by using a single prompt with variations. The speaker then discusses the ability to apply different artistic styles to the AI-generated images and mentions the importance of selecting only the best designs for sale. They also address common AI errors and provide a solution using a free alternative to Photoshop called Photopea for image editing. The speaker concludes by emphasizing the ease of selling these designs on Etsy, which attracts significant monthly traffic, and mentions their affiliate link for Printify, a print-on-demand service.

10:03

πŸ›οΈ Building Listings and Selling AI Artwork

The speaker concludes the video by discussing the final steps in selling AI-generated artwork. They stress the importance of creating compelling mock-ups to attract customers and suggest finding templates on various platforms. The speaker demonstrates how to use Photopea to edit a mock-up by replacing smart objects with the AI-generated designs. They also discuss the necessity of crafting effective listing details, such as titles and tags, by studying successful competitors' listings on Etsy. The speaker advises using the Allura plugin to copy relevant tags and suggests modifying successful titles to create unique listings. They acknowledge that achieving similar success to the highlighted shops requires significant effort and dedication, encouraging viewers to invest time and work into refining their listings and growing their business.

Mindmap

Keywords

πŸ’‘Online Store

An online store refers to a virtual marketplace where goods and services are sold directly to consumers over the internet. In the context of the video, the speaker has successfully grown an online store from scratch to a significant revenue generator, emphasizing the potential of digital entrepreneurship.

πŸ’‘Digital Products

Digital products are intangible goods that are delivered electronically, such as e-books, software, digital art, or online courses. The video highlights that regardless of the type of product being sold, the fundamental strategies for success in an online store remain the same.

πŸ’‘Etsy

Etsy is an e-commerce platform focused on handmade or vintage items and craft supplies. It is one of the platforms mentioned in the video where the speaker has had success selling their products, emphasizing its suitability for selling digital and physical goods.

πŸ’‘Print on Demand

Print on demand is a service that allows sellers to offer custom products without having to hold inventory. The products are only created and shipped when an order is received. This concept is used in the video to describe how physical products, like Tumblers, can be sold alongside digital designs.

πŸ’‘AI Generated Product

An AI generated product is one that is created or designed with the assistance of artificial intelligence. In the video, the speaker discusses the use of AI to create Tumblr artwork, which can then be sold as digital downloads or printed on physical items.

πŸ’‘Tumbler Artwork

Tumbler artwork refers to the visual designs applied to Tumblers, which are insulated cups or containers. In the video, the speaker analyzes a shop that has made a profit by selling Tumblr artwork, both as digital downloads and as printed designs on physical Tumblers.

πŸ’‘Mid-Journey

In the context of the video, Mid-Journey refers to a text-to-image AI service that can generate designs based on textual descriptions. This tool is used to create the Tumblr artwork, streamlining the design process and allowing for the creation of a large number of unique designs.

πŸ’‘Seamless Design

A seamless design is one that can be tiled or repeated without any visible breaks or borders. In the context of the video, the speaker discusses making their Tumblr designs seamless so that when printed on a cylindrical object like a Tumbler, the design continues uninterrupted around the entire surface.

πŸ’‘Dropshipping

Dropshipping is a retail fulfillment method where a store does not keep the products it sells in stock. Instead, when an item is sold, the store purchases the item from a third party and has it shipped directly to the customer. The video mentions dropshipping as a method for selling physical Tumblers alongside digital downloads.

πŸ’‘Earnings

Earnings refer to the income or profit that a business or individual makes from its operations. In the video, the speaker provides examples of how much certain online stores have earned by selling digital and physical products, emphasizing the potential financial success of such ventures.

πŸ’‘Marketplace Pulse

Marketplace Pulse is a platform that provides analytics and insights for e-commerce marketplaces, such as Etsy. It helps sellers track their performance and compare it with others in the market. In the video, the speaker uses Marketplace Pulse to identify successful shops and their sales figures.

Highlights

The speaker has grown an online store to over two million dollars in sales, starting from scratch.

The key to success is finding products that can reach financial goals faster.

A shop selling Tumblr artwork has made over $280,000 in profit in less than a year.

The Tumblr artwork niche is sellable on Etsy and can be sold as digital or physical products.

AI can be used to automate and wrap the designs, allowing for hands-off creation.

Tara Sparks, a shop selling Tumblr wraps, has averaged 243 sales per day since opening in September 2022.

The base prices of Tara Sparks' designs range from $2.97 to $7, with daily profits between $800 to $2,000.

The designs appear complex but are made using AI, with small imperfections noticeable upon close inspection.

Another shop in the top 100 on Marketplace Pulse has made over 15,000 sales in the last 30 days with lower-priced AI designs.

These shops are now at a full-time income level, not just side hustles.

AI can be used to generate designs, making the process of creating designs for selling much easier and faster.

Mid-journey is a text-to-image AI that can create designs for tumbler wraps.

The process of using Mid-journey is explained, including how to make seamless wrap-around designs.

A method for queuing up multiple design prompts using a single template is described.

Different styles can be applied to the AI-generated designs, such as hand-drawn, watercolor, or anime.

Errors in AI-generated images can be fixed using photo editing tools like Photopea.

Selling on Etsy is recommended due to the platform's high traffic, and a link is provided for 40 free listings.

Printify is suggested for print-on-demand tumblers, integrating directly with Etsy.

The importance of high-quality mock-ups and listing details for attracting customers is emphasized.

The process of creating a mock-up and optimizing listing details for SEO is outlined.

Success in this business model requires significant effort and high-quality listings, similar to other businesses.