I Tried Selling A.I. Art for 30 days - Realistic Results

Selling AI Generated Art on Etsy

In this video, the speaker discusses their experience selling AI-generated art on Etsy using a software called Med Journey. They cover what AI art is, the pros and cons of selling it on Etsy, and their strategy for success.

What is AI Art?

• AI art is generated using software that utilizes artificial intelligence to create images.

• The speaker uses Med Journey to generate high-quality images quickly and easily.

• To use Med Journey, you need Discord and a paid plan if you want to resell the art.

• The initial cost for Med Journey is $10 per month.

Pros of Selling AI Generated Art on Etsy

• Unlimited potential for creating and selling digital products with no limit to how many images you can create.

• High profit margins with minimal fees (Etsy fees plus ad fees).

• Completely passive income stream with little customer service required.

• No return policy for digital products means fewer complaints from customers.

Cons of Selling AI Generated Art on Etsy

• Creating bundles of art can take time depending on quality and file size.

Using Everb to Find Popular Items on Etsy

The speaker discusses using a tool called Everb to find popular items on Etsy. They explain that the tool allows you to see how many sales each store is making and how they used this information to create similar but unique products.

Using Everb

• Everb is a tool that allows you to see how many sales each store is making on Etsy.

• The speaker used Everb to find popular items and stores selling AI-generated art.

• They created similar but unique products based on what was already selling well, such as creating a bundle of pink mushrooms when red mushrooms were already popular.

Results from One Month of Selling on Etsy

The speaker shares their results from one month of selling on Etsy, including revenue generated, conversion rates, and traffic sources.

Sales Results

• In one month, the speaker's store generated $487 in revenue with 216 orders and a 9.1% conversion rate.

• Most traffic came from the Etsy app suggesting their listings based on similarity to other popular items or searches within Etsy.

Traffic Sources

• Traffic sources included visits brought directly by the seller, search within Etsy, and external traffic from Google or other search engines.

• Social media accounted for only three visits while ads accounted for 324 visits.

Introduction to Etsy Store

The speaker recommends running ads on Etsy and goes over the orders, conversion rate, and revenue of their store. They also discuss fees and profit.

Orders and Listings

• Slow growth in orders due to few listings at the start.

• Added more listings around March 10th which increased sales.

• Days have been up and down but constantly growing.

Conversion Rate

• Consistent conversion rate between 6% to 11%.

• Currently at a relatively high 10%.

Revenue

• Revenue has been slow but constantly growing every day.

• Yesterday was the first day of $50 in revenue.

• Breakdown may not be accurate due to different time zones.

Fees and Profit

Sales and Fees

• Generated $489 in sales so far.

• Paid $156 in fees for listing, transaction, and processing fees.

Marketing Fees

• Spent $123 on Etsy ads.

• Spent $0.67 on offsite ads.

• No sales tax or subscription fees.

Actual Profit

• Made a profit of $207.74 selling AI generator on a brand new account with only 23 listings so far.

• No shipping fees as everything is automatically set up.

Conclusion

The speaker plans to snowball their store by adding more listings every day. They recommend checking out their YouTube videos for more information about passive income through dropshipping businesses on Facebook and eBay.

Snowballing Store

• Plans to build up store by adding more listings every day.

Other Passive Income Opportunities

• Runs Facebook Drop Shipping and eBay dropshipping businesses that are relatively passive.

AI Art on Etsy

In this section, the speaker talks about their experience with selling AI-generated art on Etsy.

Results of Selling AI Art on Etsy

• The speaker shares that they have been selling AI-generated art on Etsy for a month and have made a couple of hundred dollars.

• They also mention that they have another store that has been running for two months and has seen similar results.

Conclusion

• The speaker is excited to see their business growing and hopes the audience enjoyed hearing about their experience.