WATCH This Before You Start Selling A.I Art on Etsy
TLDRThe video discusses the realities of selling AI-generated art on Etsy, a platform that has seen a surge in such listings. The speaker, who has been in the business since March, addresses the issue of market saturation but encourages viewers not to see it as an insurmountable obstacle. They share their personal journey and strategies for overcoming saturation, such as building a reputation, increasing listing quality, and standing out from competitors. The video emphasizes that selling AI art on Etsy is a long-term endeavor, not a get-rich-quick scheme, and suggests that creators focus on quality and relevance to their audience. It also touches on the importance of understanding seasonality in sales and advises viewers to approach the business with patience and a long-term perspective.
Takeaways
- ๐จ **Market Saturation**: Selling AI art on Etsy has become more saturated since it's a new genre, but quality and uniqueness can help stand out.
- ๐ **Long-term Commitment**: It's a long-term game with potential for growth over time, similar to building a traditional business.
- ๐ก **Quality Over Quantity**: Having many listings isn't enough; the quality of the product and how it's presented is crucial for success.
- ๐ **Relevance is Key**: Create listings that are relevant to current trends and what the target audience is looking for.
- ๐ **Stand Out**: To fight saturation, it's important to have a unique presentation and theme that differentiates your store.
- ๐ **Seasonality Impact**: Be prepared for the ups and downs of seasonality in sales; it's not a consistent monthly income like a regular job.
- ๐ **Start Small**: Consider starting as a side business while maintaining a stable income from a regular job to support the venture.
- ๐ค **Community Support**: Joining a like-minded community like Discord can provide support and insights into the AI art market on Etsy.
- ๐ **Research and Adapt**: Look for relevant keywords and understand what people are currently interested in to create appealing products.
- ๐ **Handle Fluctuations**: Accept that there will be bad days and months; it's part of running a business and requires resilience.
- ๐ผ **Treat it Like a Business**: Invest time and effort as you would in any business, and be prepared for a slow start with potential for significant growth later.
Q & A
What is the main challenge the speaker identifies with selling AI art on Etsy?
-The main challenge identified is saturation. The speaker explains that when they started, there was less competition, but as more people began selling AI-generated art, the market became saturated.
How does the speaker suggest overcoming saturation in the AI art market on Etsy?
-The speaker suggests focusing on the quality of the product, standing out from the rest with better presentation, and offering a variety of listings that appeal to customers.
What is the speaker's perspective on the long-term nature of selling AI art on Etsy?
-The speaker views it as a long-term game, similar to building a business. They believe that while there may be initial struggles, over time, with consistent effort and quality listings, the business can grow and become successful.
Why does the speaker emphasize the importance of creating relevant listings?
-The speaker emphasizes this because irrelevant or low-quality listings do not sell well. They stress the importance of understanding what the target audience is looking for and creating listings that cater to current trends and seasons.
What is the speaker's advice for those who are just starting out with AI art on Etsy?
-The speaker advises new sellers to focus on quality, create relevant and themed listings, and not to be discouraged by initial slow sales. They also suggest treating the venture as a long-term business and possibly using a stable income from a regular job to invest in the business.
How does the speaker describe their own experience with seasonality in the AI art market?
-The speaker describes their experience as having great months and really bad ones, with more bad months than good ones. However, when the good months come, they are very profitable. They stress that not everyone can handle this uncertainty and seasonality.
What is the speaker's opinion on the portrayal of entrepreneurship on social media platforms?
-The speaker believes that entrepreneurship is often glorified on social media platforms like YouTube and TikTok, which can lead to unrealistic expectations. They suggest that starting an AI art business on Etsy is not as easy as it may seem and requires time, effort, and patience.
What is the role of a virtual assistant in the speaker's AI art business strategy?
-The speaker uses a virtual assistant to help create AI art. They suggest that having a stable income from a regular job can be used to hire and train a virtual assistant, which can then contribute to the creation of AI art for the Etsy store.
Why does the speaker recommend joining their Discord community?
-The speaker recommends joining their Discord community to surround oneself with like-minded individuals. This can provide support, shared experiences, and insights into the AI art market on Etsy.
What is the significance of the speaker's mention of a store that is doing well despite being only a few months old?
-The mention of the successful store serves as an example of how focusing on quality, presentation, and standing out from the competition can lead to success, even in a saturated market.
What are the key factors the speaker believes contribute to an AI art store's success on Etsy?
-The key factors include the quality of the product, the ability to stand out from the competition, having a specific theme, and creating listings that are relevant to current trends and seasons.
Outlines
๐จ Exploring AI Art on Etsy: Challenges and Insights
The speaker discusses their experiences selling AI-generated art on Etsy, a platform that has seen a surge in this new genre. They've been involved since March and document their journey on YouTube. They address the issue of market saturation, noting that while it's a concern, it's not insurmountable. The speaker emphasizes the importance of product quality and standing out from the competition. They also stress that success on Etsy is a long-term endeavor, not a quick win like dropshipping. They share their strategy of building a reputation and increasing listings to overcome saturation. Lastly, they highlight the importance of understanding the target audience and creating relevant, high-quality products.
๐ Standing Out in a Saturated Market: Effort and Presentation Matter
The speaker elaborates on the success factors for a store that's performing exceptionally well despite being new to the AI art scene on Etsy. They attribute this success to the store owner's hard work, unique presentation, and themed listings that differentiate it from competitors. The speaker criticizes sellers who create low-quality listings and fail to offer relevant products, which contributes to market saturation. They advise focusing on what the target audience is looking for, such as back-to-school or Halloween themes, and creating products that resonate with those interests. The speaker also touches on the challenges of seasonality in running a business, contrasting the unpredictability of income with the stability of a regular job. They suggest using a stable income to invest in learning and growing a business, such as hiring a virtual assistant to create AI art. The speaker concludes by encouraging honesty, commitment, and treating the venture as a long-term business.
Mindmap
Keywords
๐กAI Art
๐กEtsy
๐กSaturation
๐กDiscord
๐กCapitalism
๐กReputation
๐กSeasonality
๐กLong-term Game
๐กPresentation
๐กRelevant Listings
๐กEntrepreneurship
Highlights
Selling AI art on Etsy is a new genre that has gained popularity in recent times.
The speaker has been selling AI art on Etsy since March and documents their journey on YouTube.
Saturation is a significant issue in the AI art market on Etsy, but it can be overcome with quality and uniqueness.
Having a large number of listings and a strong reputation can help mitigate the effects of market saturation.
The speaker emphasizes the importance of product quality and standing out from the competition.
AI art on Etsy is a long-term game and not a get-rich-quick scheme.
Consistent effort and building a reputation are key to success in this market.
An example of a successful store is highlighted, emphasizing the importance of presentation and theme.
Creating relevant and high-quality listings is crucial for standing out in a saturated market.
Seasonality is a challenge in the AI art business, and not everyone can handle the fluctuations in income.
The speaker suggests using a stable income from a regular job to invest in and grow an AI art business on the side.
Hiring and training a virtual assistant to create AI art can be a strategic move for business growth.
The speaker shares their personal commitment and belief in the long-term potential of AI art on Etsy.
The importance of treating the AI art business as a long-term investment is stressed.
The video offers a realistic and honest perspective on the challenges and potential of selling AI art on Etsy.
The speaker encourages viewers to join their Discord community for like-minded individuals and further support.
The video concludes with an invitation to subscribe for more content and join the YouTube membership for additional benefits.