The BEST A.I. Passive Income Side Hustle 2024
TLDRThe transcript discusses a successful business model of selling AI-generated digital art downloads online, highlighting the low startup cost and potential for passive income. It introduces the use of AI image generator Mid Journey, emphasizing the importance of market research and the creation of high-quality, sellable images. The video also explores strategies for generating art that appeals to consumer preferences, including using public domain images and refining prompts. Finally, it touches on scaling the business through print-on-demand services and offers resources for further success.
Takeaways
- ๐ A shop selling AI digital download art made over six figures in less than a year.
- ๐ The business model is untapped and suitable for anyone worldwide with just $10 to start.
- ๐ผ๏ธ AI image generator Mid Journey is used to create sellable artwork from text prompts.
- ๐ Successful shops focus on aesthetically pleasing, vintage-style digital paintings.
- ๐ ๏ธ Research is crucial; analyze successful listings and customer reviews to understand market demand.
- ๐ง Mid Journey offers various settings to refine the style and quality of generated images.
- ๐ Use shop analyzer tools like Aura to understand what art sells well in digital markets.
- ๐จ Customize prompts based on successful styles to create artwork that appeals to the target audience.
- ๐ผ๏ธ & ๐ผ๏ธ High-quality mockups enhance the professional appearance of digital art listings.
- ๐ Etsy is a recommended platform for selling digital art due to its large visitor traffic.
- ๐ Scaling the business includes offering physical prints through print-on-demand services like Printify.
Q & A
What is the main topic of the transcript?
-The main topic of the transcript is about using AI digital download art to create a passive income source, specifically through the platform Mid Journey.
How much income has the shop called 'Antique White Art' made in its first year?
-The shop 'Antique White Art' has made over six figures in its first year.
What is the significance of the AI image generator 'Mid Journey' in this business model?
-Mid Journey is significant as it allows users to generate sellable pieces of artwork from text prompts, which simplifies the process of creating digital art for sale.
What is the cost to start this side hustle?
-The cost to start this side hustle is just $10, which is the cheapest plan on Mid Journey that provides commercial rights to the images.
How can one determine what types of images sell well?
-One can determine what types of images sell well by researching successful shops, looking at their reviews section, and analyzing best-selling items and customer preferences.
What is the strategy for using Mid Journey to create artwork that sells?
-The strategy involves tuning Mid Journey to produce images that match the style of best-selling art, using successful prompts from Mid Journey's website, or reverse engineering public domain images to generate similar prompts.
How does the speaker suggest scaling this business to six and seven figures?
-The speaker suggests scaling the business by offering physical prints through print-on-demand services like Printify, in addition to selling digital downloads.
What platform is recommended for selling the digital art?
-Etsy is the recommended platform for selling the digital art due to its large monthly visitor traffic and the potential for high sales.
How does one handle the sale and delivery of digital downloads on Etsy?
-One can upload the digital downloads to a service like Google Drive or Dropbox, then provide a download link in a PDF file that is sent to the customer upon purchase.
What is the importance of using professional mockups in selling digital art?
-Professional mockups are important as they make the artwork look more appealing and high-quality, which has been proven to increase sales in this business model.
What is the recommended approach to creating mockups for the digital art?
-The recommended approach is to use Mid Journey to generate the mockups, and then use a tool like Photopea to edit and apply the artwork design onto the mockup.
Outlines
๐ Launching a Successful AI Art Business
This paragraph introduces a business model that capitalizes on the creation and sale of AI-generated digital art. It highlights the success of a shop that made over six figures in less than a year by selling AI digital download art. The speaker emphasizes the potential of AI tools like Mid Journey to create and sell digital art online as a passive income source. The process involves using text prompts to generate images, which are then packaged and sold online. The speaker also stresses the importance of researching what types of art sell well to avoid wasting time on unprofitable creations.
๐จ Utilizing Mid Journey for Art Creation
The speaker provides a step-by-step guide on how to use Mid Journey, an AI image generator, to create artwork for the digital art business. They explain how to join the platform, generate images using text prompts, and adjust settings for optimal results. The paragraph also discusses strategies for refining prompts based on successful listings, exploring Mid Journey's website for style inspiration, and reverse-engineering public domain images to generate similar art. The goal is to produce high-quality, sellable digital art that aligns with market demands.
๐ผ๏ธ Preparing Artwork for Sale
This paragraph focuses on the final steps of preparing the AI-generated artwork for sale. It covers the process of upscaling images for high quality, resizing them into popular aspect ratios, and creating professional mockups to enhance the artwork's appeal. The speaker mentions using free tools and services like Google Drive or Dropbox for file sharing and emphasizes the importance of offering various aspect ratios to cater to different customer needs. They also provide tips on how to create mockups and edit them using free alternatives to Photoshop.
๐ Scaling the Business Beyond Digital Art
The final paragraph discusses strategies for scaling the AI art business beyond digital downloads. It suggests offering physical prints through print-on-demand services like Printify, which allows for the sale of posters and canvases without the need for the seller to handle printing and shipping. The speaker shares their experience with Printify and provides tips on setting up the service with Etsy. They also mention the benefits of keeping separate shops for digital and physical products and offer resources, coupons, and discounts to help others start and grow their AI art business.
Mindmap
Keywords
๐กAI digital download art
๐กMid Journey
๐กPassive income
๐กText prompt
๐กEtsy
๐กShop analyzer tool
๐กMockups
๐กPrint on demand
๐กDiscord server
๐กPublic domain images
๐กAspect ratios
Highlights
A shop has made over six figures selling AI digital download art within a year of opening.
The AI image generator Mid Journey is used to create sellable artwork from text prompts.
The process of creating and selling AI art can be started from anywhere in the world with just $10.
Antique White Art has made over 600 artwork listings and achieved over 31,000 sales in their first year.
Another shop sold over 377,000 pieces of AI-generated artwork, earning over 1.3 million in four years.
Lexington Prince, a newer shop, made over 14,000 sales in their first 4 months.
Researching what types of images sell is crucial to avoid wasting time on unprofitable artwork.
Shop analyzer tools like Aura can help identify successful listings and art styles.
Mid Journey can be accessed by joining their Discord server and starting with a free account.
The aspect ratio and stylization settings in Mid Journey can be adjusted to produce higher quality images.
Using public domain images as a reference can help generate high-quality, similar AI art.
Upscaling images in Mid Journey improves their quality for selling.
Resizing artwork into popular aspect ratios is necessary for various uses.
Etsy is recommended for selling AI-generated art due to its large monthly visitor traffic.
Professional mockups are essential for selling art and can be created using Mid Journey.
Images are uploaded as digital downloads on platforms like Etsy, with a link provided in a PDF file.
Scaling the business to six and seven figures involves offering physical prints through print-on-demand services like Printify.
Separate shops can be maintained for digital and physical products for better organization.
The presenter provides free resources, coupons, and discounts to help get started with selling AI art.