This AI Side Hustle Is Still Working ($2,054/Day)

Hustle Ninjas
19 Mar 202408:59

TLDRThe video script discusses leveraging AI for a profitable side hustle, particularly in the realm of digital and physical product sales. It highlights the potential of AI tools like Dolly for creating designs and emphasizes that AI, while powerful, doesn't replace the need for skill. The speaker shares a success story of a shop making significant revenue from a single product and provides a step-by-step guide on creating similar products, optimizing listings on Etsy, and fulfilling orders without direct shipping through print-on-demand services. The video also touches on the importance of product research and email marketing for recurring sales.

Takeaways

  • 🚀 AI can significantly boost side hustles, with one example generating over $10,000/month in profit.
  • 🛠️ AI is a tool that can be leveraged for advantage, but it doesn't guarantee sales without skill or effort.
  • 🎨 There are various AI platforms like Mid Journey, Leonardo, and Dolly that can assist in creating designs for products.
  • 💰 A single product, such as boho abstract flower art, can bring in substantial revenue, with one shop earning over $750,000 in sales.
  • 📈 Success in AI-enhanced businesses can be achieved quickly, as demonstrated by a shop that received its first review only in 2023.
  • 🖼️ AI can generate images in specific styles, such as boho floral, by using platforms like Dolly for design creation.
  • 📐 Images can be optimized for print by adjusting DPI and size using websites like kiddle.com.
  • 🔄 Vectorizing images improves their quality when scaled up, making them suitable for high-resolution printing.
  • 🔍 Researching competitors and their products can provide insights into effective packaging and customer expectations.
  • 💡 Selling digital products involves creating mockups and offering instant downloads, while physical products can be sold through print-on-demand services like Printify.
  • 📧 Setting up email marketing through platforms like Everb can help in achieving recurring sales and building customer relationships.

Q & A

  • How much profit can an AI-powered side hustle generate monthly?

    -The AI-powered side hustle mentioned in the script can generate over $10,000 a month in profit, not just in sales.

  • What is the speaker's perspective on AI in relation to sales?

    -The speaker views AI as another tool in one's arsenal and not a magic solution that automatically generates sales. It can be advantageous for those lacking sales skills, but it doesn't replace the need for skill altogether.

  • What types of products are currently popular with the use of AI?

    -The script does not specify the exact types of products, but it implies that there are several product types that are seeing significant success with the application of AI.

  • How does the speaker plan to demonstrate the creation of AI-enhanced products?

    -The speaker intends to show the audience both the design process for AI-enhanced products and the methods for achieving sales similar to the successful examples they've found.

  • What is the significance of the boho abstract flower art product mentioned in the script?

    -The boho abstract flower art product is significant because it brings in over $88,500 in revenue per month, and the shop selling it has done over $750,000 in total sales, proving the potential profitability of AI-enhanced products.

  • How long did it take for the shop selling the boho abstract flower art to receive its first review?

    -The shop received its first review in 2023, indicating that it took approximately one year for the product to gain traction and receive customer feedback.

  • What AI tool does the speaker choose to use for creating similar designs?

    -The speaker chooses to use Dolly as the AI tool for creating similar designs because it is user-friendly and does not require knowledge of complex prompts.

  • How does the speaker plan to enhance the quality of the AI-generated images?

    -The speaker plans to enhance the quality of the AI-generated images by using a tool on kiddle.com to vectorize and resize the images, thus improving their resolution and making them suitable for larger formats.

  • What are the two main options for selling AI-enhanced products?

    -The two main options for selling AI-enhanced products are selling the digital product (the digital file for download) or selling the physical end product (using print-on-demand services).

  • What is the speaker's advice for optimizing Etsy listings for new sellers?

    -The speaker advises new Etsy sellers to optimize their listings by including extra images that build trust and help the buyer understand the product better, and to offer the downloadable files in multiple formats.

  • What is the speaker's tip for understanding the packaging and delivery of digital products?

    -The speaker suggests buying a similar product from a competitor to understand how the product looks when delivered, what type of files are included, and how it's packaged, as part of product research and development.

Outlines

00:00

🚀 AI in Side Hustles: Profiting Over $10,000 Monthly

This paragraph introduces an AI-based side hustle that generates over $10,000 per month in profit, not just sales. The speaker aims to show the products involved and how to achieve similar sales. They emphasize that AI is not magic for sales but a tool that can be leveraged effectively with skills. The speaker mentions various AI products that are currently popular and plans to demonstrate how to create designs for these products and deliver them to customers without shipping. An example is given of a shop selling boho abstract flower art that has brought in significant revenue within a year, showing that it's not too late to start.

05:01

🎨 Designing with AI and Selling Digital Products on Etsy

The speaker discusses using AI, specifically Dolly, to create designs similar to a boho floral style canvas. They explain the process of refining the AI-generated images and converting them into high-quality vector formats using kiddle.com. The focus then shifts to selling strategies on Etsy, emphasizing the importance of optimizing listings with detailed images to build buyer trust. Tips are given on creating mockups, listing the digital product for sale, and providing multiple file formats. The speaker also suggests buying a competitor's product to understand the market better. Finally, they mention using printify for physical product sales and recommend setting up email marketing for recurring sales, concluding with encouragement for new sellers to try new strategies for better results.

Mindmap

Keywords

💡AI side hustle

The term 'AI side hustle' refers to a secondary income-generating activity that utilizes artificial intelligence tools to create and sell products. In the context of the video, it highlights how leveraging AI can lead to significant monthly profits, not just from sales but also from the efficient use of AI in the business process.

💡Profit

Profit in a business context is the amount of money remaining after all the expenses have been deducted from the total sales. The video emphasizes the importance of not just making sales but ensuring that the business is profitable, meaning the revenue exceeds the costs.

💡Design

In the context of the video, 'design' refers to the creation of visual content or artwork that can be used for products like canvas prints. Design is a crucial aspect of the AI side hustle, as it involves using AI tools to generate or enhance the artwork, which is then used to produce the final product for sale.

💡Sales

Sales in a commercial context refer to the act of selling products or services to customers in exchange for money. The video discusses the importance of sales in generating income from an AI side hustle, and how AI can be utilized to boost sales through efficient design and marketing.

💡Digital product

A digital product is an intangible item that can be delivered electronically, such as digital files, e-books, or digital art. In the video, the focus is on selling digital art files, which customers can download after purchasing, without the need for physical shipping.

💡Physical end product

A physical end product refers to a tangible item that a customer can touch and use. In contrast to digital products, physical products require manufacturing and shipping. The video discusses the process of selling physical products through print-on-demand services, which handle the production and delivery of the items.

💡Etsy listing

An Etsy listing is an online advertisement or post on the Etsy platform where sellers showcase their products for sale. It includes details about the product, pricing, images, and other relevant information to attract potential buyers. The video provides tips on how to optimize an Etsy listing to increase sales and customer trust.

💡Mockup

A mockup is a visual representation or prototype of a design, often used in graphic design and product presentation. In the context of the video, mockups are used to showcase how the digital designs would look when printed on physical products like canvases, helping customers visualize the final product.

💡Print-on-demand

Print-on-demand is a business model and service where products are printed and shipped only after a customer has placed an order. This model eliminates the need for upfront production and inventory storage, as the seller does not have to physically hold the products before they are sold.

💡Everb email

Everb email is a tool for setting up email marketing campaigns, which allows businesses to collect email addresses from customers and send them targeted marketing messages. In the video, it is recommended as a way to create recurring sales by building an email list and engaging with customers through regular updates and promotions.

Highlights

AI side hustle is generating over $10,000 a month in profit, not just sales.

AI is a tool that can be leveraged for sales, but it doesn't magically make sales without skills.

AI is being used to create and sell various product types with significant success.

A shop selling boho abstract flower art generated over $88,500 in monthly revenue.

The shop's average order value is $51, with total sales exceeding $750,000.

The shop received its first review only in 2023, indicating rapid sales growth.

Using AI, such as Dolly, can create new images in a specific style without complex prompts.

Dolly can generate images similar to a given example by simply describing the desired style.

Kiddle.com can be used to convert images to vector format for higher quality scaling.

Digital products can be sold as instant downloads, avoiding the need for physical shipping.

Mockups can be created using AI to enhance the presentation of digital products.

Photoshop can be used to adjust and fit images onto mockups for a more realistic appearance.

Optimizing Etsy listings with extra images can build buyer trust and answer questions upfront.

Physical products can be sold through print-on-demand services like Printify, which handle printing and shipping.

Setting up email marketing through services like Everb can help increase recurring sales.

Buying a competitor's product can provide insights into packaging and customer experience.

New shops can achieve significant sales within their first year, proving it's not too late to start.

The definition of insanity is doing the same things over and over and expecting different results, encouraging new approaches.

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