How to Buy and Sell AI Prompts with Promptbase (ChatGPT, Midjourney, Stable Diffusion)

AI Art Academy: Midjourney + Stable Diffusion
20 Jun 202313:29

TLDRThe video from A.I. Art Academy introduces viewers to Promptbase, a marketplace for buying and selling AI art prompts. It explains how creators can generate income by selling prompts, which are the textual instructions used to generate AI art, without the need to sell physical art pieces. The video outlines the process of getting started on Promptbase, from market research to listing prompts, and highlights the potential for passive income. It also discusses the benefits of becoming a 'prompt engineer', a specialized role focused on crafting prompts for consistent AI art outputs. The host shares insights on the current market, the importance of good prompts, and strategies for success, including the potential to sell custom prompts at higher prices.

Takeaways

  • 🎨 **AI Art Prompts as Income**: Creators are making thousands by selling AI art prompts on Promptbase, offering a new way to generate passive income.
  • 📈 **Marketplace for Prompts**: Promptbase is a leading marketplace for buying and selling AI art prompts, which are the textual instructions used to generate art.
  • 💡 **Value of Good Prompts**: High-quality prompts are valuable because they can consistently produce better AI art results, saving time for content creators and artists.
  • 🌟 **Profitable Prompts**: Top sellers like Mr. Dan have made significant sales, indicating the potential profitability of selling prompts, even after Promptbase's 20% fee.
  • 🔍 **Market Research**: Before selling, it's crucial to research trends and successful niches to gauge interest and competition in the prompt market.
  • 🚀 **Getting Started**: To sell on Promptbase, sign up for a free account, decide on a prompt, create a compelling product name and description, and set a price within the platform's guidelines.
  • 💰 **Pricing Strategy**: Start with lower prices to establish a customer base before considering price increases, as competition is less fierce on Promptbase compared to platforms like Etsy.
  • 📝 **Customization and Listing**: Prompts should have blank sections for buyers to add their own keywords, and listings should include proof of concept with unedited images demonstrating the prompt's effectiveness.
  • 📈 **Prompt Engineer Role**: After making 25 sales, sellers can become 'Prompt Engineers' offering custom orders at their own rates, potentially earning more than standard prompt sales.
  • 🛍️ **Buying Prompts**: Buying prompts can be beneficial for those who struggle to create effective prompts, allowing them to access a structured collection and use them for various purposes, including reselling on platforms like Etsy.
  • ✅ **Custom Orders**: For those needing specific AI art styles, hiring a prompt engineer for custom orders can provide tailored prompts, which can then be used to create and sell unique art pieces.

Q & A

  • What is the main topic of the video script?

    -The main topic of the video script is about buying and selling AI prompts on Promptbase for platforms like Midjourney, ChatGPT, and Stable Diffusion.

  • How can selling prompts on Promptbase help content creators and artists?

    -Selling prompts on Promptbase can help content creators and artists by providing them with a template to create art variations, without the need to perfect each individual art piece.

  • What is the advantage of selling prompts over selling actual AI art?

    -The advantage of selling prompts is that it allows the seller to create a template once and sell it multiple times, rather than creating and selling each individual art piece.

  • What is Promptbase and how does it function?

    -Promptbase is a marketplace for buying and selling AI art prompts. It allows sellers to list prompts that can be used to create art on various AI platforms, and buyers can purchase these prompts to create their own art.

  • How does Promptbase differ from selling AI art on Etsy?

    -Promptbase focuses on selling the prompts used to create AI art, not the art itself. This can help sellers avoid copyright issues and competition in popular niches, and it allows for a different revenue stream.

  • What are the benefits of Promptbase for sellers?

    -Benefits for sellers on Promptbase include a passive income opportunity, less competition compared to platforms like Etsy, and the ability to become a Prompt Engineer for custom orders, which can lead to higher earnings.

  • What is the process to start selling on Promptbase?

    -To start selling on Promptbase, one needs to sign up for a free account, conduct market research, create a product name and description, set a price within the platform's guidelines, and then list the prompt for sale.

  • What is the role of a Prompt Engineer on Promptbase?

    -A Prompt Engineer on Promptbase is a professional skilled at crafting text prompts that produce consistent outputs for AI. They can take custom orders and set their own rates, potentially earning more than regular sellers.

  • How can buyers benefit from purchasing prompts on Promptbase?

    -Buyers can benefit from purchasing prompts on Promptbase by gaining access to a structured lookbook of prompts, which can help them create their own art more efficiently and effectively.

  • What are the potential earnings for a seller on Promptbase?

    -The potential earnings for a seller on Promptbase can vary, but the script mentions an example of a seller, Mr. Dan, who has made over $6000 to $7500 in sales, with Promptbase taking a 20% fee.

  • How does Promptbase encourage sellers to improve and specialize?

    -Promptbase encourages sellers to improve and specialize by offering perks such as higher listing prices, the ability to submit multiple listings at once, earning badges for certain categories, and the opportunity to become a Prompt Engineer after making 25 sales.

Outlines

00:00

🎨 A.I. Art and Prompt Sales: The New Passive Income Stream

The video introduces the concept of making money through A.I. art prompts. It discusses how an A.I. art creator has made thousands of dollars by selling a single prompt on Promptbase, a marketplace for A.I. art prompts. The video encourages viewers to explore this new way of making passive income without the need to sell physical art or deal with platforms like Etsy. It also highlights the rise of A.I. art tools like Mid Journey and Dall-E and how they are being used to create and sell art online. The importance of good prompts for A.I. art creation is emphasized, and the potential profitability of selling such prompts is discussed.

05:03

📈 Market Research and Selling A.I. Art Prompts on Promptbase

This paragraph delves into the process of selling prompts on Promptbase. It explains that, unlike selling completed art, selling prompts involves providing a template for creating art. The video outlines the steps for getting started on Promptbase, including signing up, choosing a platform like Midjourney, and creating a product name and description. It also discusses the importance of pricing and how to structure the prompt for sale. The video provides an example of a Lego Star Wars prompt and explains the process of uploading images to prove the prompt's effectiveness. It also touches on the benefits of becoming a 'prompt engineer', a professional skilled in crafting text prompts for A.I. to produce consistent outputs, and how this role can lead to higher earnings.

10:03

🛍️ Buying Prompts for A.I. Art Creation and Custom Orders

The final paragraph discusses the benefits of buying prompts on Promptbase for those who struggle to create their own. It describes how the marketplace offers a structured way to find and purchase prompts, which can then be used to create unique art pieces for sale, such as on Etsy. The video also covers how to buy custom prompts from prompt engineers, who can create tailored prompts for specific needs, like custom logos. It concludes by emphasizing the potential of Promptbase for both buying and selling prompts, and how it represents a sustainable way to profit from A.I. art with minimal ongoing effort.

Mindmap

Keywords

💡A.I. Art

A.I. Art refers to artwork created using artificial intelligence tools. It is a rapidly growing field where A.I. algorithms generate visual art based on textual prompts provided by the user. In the video, A.I. Art is central as it discusses how creators are leveraging A.I. to produce and sell unique pieces or prompts for creating art, which is a new avenue for artists and hobbyists to monetize their work.

💡Promptbase

Promptbase is an online marketplace specifically designed for buying and selling A.I. art prompts. It acts as a platform where sellers can offer their crafted prompts, and buyers can purchase these to create their own A.I. generated art. The video emphasizes Promptbase as a key platform for monetizing A.I. art prompts, highlighting its growing importance in the digital art economy.

💡Midjourney

Midjourney is an A.I. art creation tool that exploded in popularity at the end of 2022, as mentioned in the video. It is one of the platforms that creators use to generate art from prompts. The tool is significant in the context of the video as it is the primary source for creating the art that prompts are sold for, and it is also where the demand for high-quality prompts is coming from.

💡Prompt

In the context of A.I. art, a prompt is a set of descriptive words or a phrase that guides the A.I. to generate a specific piece of art. The quality of the art is highly dependent on the quality of the prompt. In the video, prompts are the primary product being sold on Promptbase, and the video discusses how to create and sell these prompts as a source of income.

💡Passive Income

Passive income refers to earnings derived from a source that requires little to no effort to maintain after its initial setup. In the video, the concept of passive income is tied to the idea that once a prompt is created and listed for sale on Promptbase, it can continue to generate revenue for the creator without the need for continuous work, making it an attractive business model.

💡Market Research

Market research is the process of studying the market to understand what products or services are in demand. In the context of the video, it involves looking at trending styles and keywords on platforms like Midjourney to determine what types of prompts are likely to sell well. This step is crucial for creating prompts that will appeal to buyers and generate sales.

💡Product Name and Description

When selling prompts on Promptbase, a product name and description are essential for attracting buyers. The name should be catchy and descriptive, while the description should provide potential customers with reasons to purchase the prompt, such as its versatility, compatibility with different versions of A.I. art tools, and potential uses. The video script provides an example of how to craft these for a Lego Star Wars prompt.

💡Pricing Strategy

Pricing strategy in the context of Promptbase involves setting a price for the prompts that is competitive and attractive to buyers. The video mentions that Promptbase has a set price range, and suggests starting with lower prices to establish a following before potentially increasing the price. This strategy is important for making initial sales and gaining traction in the marketplace.

💡Custom Orders

Custom orders refer to personalized prompts created by prompt engineers based on specific instructions from a buyer. In the video, it is mentioned that once a seller has made a certain number of sales on Promptbase, they become eligible to offer custom orders at their own rates. This provides an opportunity for sellers to earn more by catering to the unique needs of buyers.

💡Prompt Engineer

A prompt engineer is a specialized role focused on crafting text prompts that A.I. uses to produce consistent outputs. In the video, it is discussed as a new and potentially lucrative career path within the A.I. art industry. Prompt engineers are distinguished from artists by their focus on the technical aspects of creating repeatable A.I. art, and they can offer custom orders on platforms like Promptbase.

💡Top Seller Badge

The Top Seller Badge on Promptbase is an achievement awarded to sellers who have made a significant number of sales, indicating a high level of success and reliability. The video script mentions that once a seller reaches their 1,000th sale, they receive this badge, which serves as a visible endorsement on their profile and can attract more buyers to their listings.

Highlights

A.I. art creator made thousands of dollars by selling A.I. prompts on Promptbase.

Promptbase is the number one marketplace for buying and selling A.I. art prompts.

A.I. art allows creators to generate a piece once and sell it indefinitely.

A prompt is the textual description used to generate an A.I. art piece.

High-quality prompts are valuable for content creators and digital artists.

Promptbase allows selling prompts without relying on intellectual property.

Top Midjourney prompt creator, Mr. Dan, made over 1500 sales in six months.

Promptbase takes a 20% fee on sales.

Less competition on Promptbase compared to Etsy makes it easier to start making money.

Market research is crucial for selling prompts on Promptbase.

Promptbase lacks third-party analytics but offers trending pages for market insights.

Selling on Promptbase involves creating a product name, description, and setting a price.

Prompts should have blank sections for buyers to customize.

Promptbase offers a structured marketplace for buying and selling A.I. art prompts.

Prompt engineers are skilled at crafting text prompts for A.I. to produce consistent outputs.

After 25 sales on Promptbase, creators can become prompt engineers for custom orders.

Making 1000 sales on Promptbase earns the creator a top seller badge, attracting more attention.

Buying prompts can be a cost-effective way to produce and sell A.I. art.

Promptbase is an ideal platform for selling art that can be created once and sold multiple times with minimal effort.

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