Made $10k/Month!! Etsy Newbie | I Found An AI Digital Product For Passive Income.

Mr. Endatah
21 May 202406:00

TLDRDiscover how a new Etsy seller made $10k/month selling AI-generated digital products with low competition. Launched 11 months ago, the store has already earned over $1,160k. Learn the step-by-step process to start a similar business using AI, including identifying top-selling products, creating effective prompts, and using alternative AI platforms for image generation. Tips for Etsy product visibility and leveraging competitor strategies are also provided for quick success.

Takeaways

  • 💰 A new Etsy seller made an impressive $10,100 in monthly revenue by selling a simple digital product with minimal competition.
  • 🚀 The store was launched just 11 months ago and has already made over $11,600 in total revenue.
  • 🤖 The video outlines a step-by-step process to start a similar business using AI to create digital products.
  • 🎨 Clipper designs, which are PNG files with a transparent background, have generated over $40,000 in a short period for the seller.
  • 🔍 Two methods are presented to identify products that consistently generate monthly sales, with the second method being preferred for its efficiency.
  • 📊 Using a tool like Allora to gain insights into product performance can help identify top-selling products quickly.
  • 📝 The script suggests creating various prompts to generate results similar to the best-selling products in the store.
  • 🔑 The video creator has prepared 100 prompts based on top-selling digital products to simplify the process for viewers.
  • 🖼️ Three alternative AI platforms are tested for image generation: Lexica, CERAI, and Magic Media, with varying results in terms of style and quality.
  • 📚 A tip is given to upscale low-resolution images using Reminy from Google Play Store to improve print quality.
  • 🛍️ Etsy's limitation of uploading only five design files per product is overcome by using a Google Drive folder with a PDF page containing clickable download buttons.
  • 🔑 For product visibility, it's recommended to use top search keywords and to refresh product descriptions using Char GPT, then tweak them to resonate with the product.
  • 📈 Lastly, copying tasks from competitors can increase visibility when people search for similar products on Etsy.

Q & A

  • What is the main topic of the video transcript?

    -The main topic of the video transcript is about a new Etsy seller who has generated significant monthly revenue by selling AI-generated digital products with minimal competition.

  • How much revenue did the new Etsy seller make in 11 months?

    -The new Etsy seller made over $11,600 in total revenue in 11 months.

  • What is the purpose of using AI in creating digital products for Etsy?

    -The purpose of using AI is to create unique and appealing digital products that can generate sales quickly, with minimal effort and competition.

  • What are the two methods mentioned to identify products that consistently generate monthly sales?

    -The two methods are: 1) Navigating to the review section and sorting by most recent to identify products with the highest number of repeated sales, and 2) Utilizing a tool like 'Allora' to gain insight into product performance and identify top-performing products.

  • How does the speaker suggest generating prompts for AI to create similar designs to the best-selling products?

    -The speaker suggests two methods: 1) Describing the product image of a competitor and dividing the prompt into sections, then asking AI to generate additional prompts, and 2) Using a pre-created package of 100 prompts based on the top-selling digital products.

  • What is the issue with the AI-generated images when it comes to printing?

    -The issue with AI-generated images is that they can be pixelated when printed due to the AI platform exporting low-resolution results.

  • How can the resolution of AI-generated images be improved for better print quality?

    -The resolution can be improved by using an app like 'Reminy' from Google Play Store, which allows you to enhance the image quality.

  • What is the recommended method for uploading multiple design files to Etsy, given the platform's limitation of five design files per product?

    -The recommended method is to gather all designs in a Google Drive folder and use the link to create a PDF page with clickable download buttons, directing customers to the folder containing all designs.

  • How can one quickly increase the visibility of their Etsy product?

    -One can quickly increase product visibility by using top search keywords when naming the product, similar to what successful sellers have done.

  • What is the speaker's advice on writing product descriptions for Etsy?

    -The speaker advises not to write product descriptions from scratch but to copy those of competitors and ask AI to refresh them, then manually tweak some words to make it resonate with your product.

  • How can one effectively copy tasks from a competitor on Etsy?

    -To copy tasks effectively, one should return to 'Allora', select the product they want to copy tasks from, and follow the steps provided to see the tasks using that product.

Outlines

00:00

💰 Launching a Profitable Digital Product Business

The video script introduces a new S6 seller who has achieved significant monthly revenue by selling a simple digital product with low competition. Launched only 11 months ago, the store has already made over $1,160k in total revenue. The video promises to reveal a step-by-step process for creating a similar fast-selling digital product with the aid of AI. The product in focus is a 'Clipper design,' a type of digital file with a transparent background that has generated substantial sales in a short period. The script outlines two methods for identifying top-selling products, with a preference for the second method that utilizes a tool called 'Allora' to gain insights into product performance. The viewer is guided on how to create effective prompts for AI image generation and is offered a package of 100 prompts based on top-selling Clipper designs to start a similar business.

05:01

🔍 Enhancing Etsy Product Visibility and Quality

The second paragraph delves into strategies for increasing product visibility on Etsy, emphasizing the importance of using top search keywords in product naming, similar to a successful seller's approach. It suggests leveraging AI, specifically Char GPT, to refresh a competitor's product description and then customizing it to fit one's own product. The script also discusses the effective method of copying tasks from a competitor's successful product listing. To ensure high-quality uploads, the video recommends using a free alternative to Journey for image generation and testing different platforms for the best results. It addresses the issue of low-resolution images by suggesting the use of an app called 'Reminy' for upscaling and 'Cana background removal' for preparing the product for Etsy. The script concludes with a tip on creating a PDF page with a clickable download button for customers to access all design files, overcoming Etsy's limitation on the number of design files per product.

Mindmap

Keywords

💡Etsy

Etsy is an e-commerce website focused on handmade or vintage items and craft supplies. In the video, Etsy is the platform where the seller successfully generates revenue by selling digital products. The script mentions that the store was launched 11 months ago and has already made over $1,160k in total revenue, showcasing the potential of this marketplace for digital product sales.

💡Digital Product

A digital product refers to goods that are intangible and delivered electronically, such as software, e-books, digital art, and clipart. In the context of the video, the digital product is a 'Clipper design' with a transparent background, which has been sold successfully to generate significant revenue.

💡AI

AI, or Artificial Intelligence, is the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The video discusses using AI to create digital products, specifically mentioning the use of AI platforms to generate clipart designs that can be sold on Etsy.

💡Clipper Design

Clipper design refers to a type of digital design that typically has a transparent background, allowing it to be easily layered or placed over other images. The video script mentions that the seller has generated over 40K sales in a short period by selling these types of designs on Etsy.

💡Monthly Revenue

Monthly revenue is the total income generated from business operations over the course of a month. The video highlights that the new seller has generated an impressive $10k in monthly revenue, emphasizing the profitability of the digital product business model discussed.

💡Product Performance

Product performance refers to how well a product is selling or its success in the market. The script describes using a tool like 'Allora' to analyze the monthly sales figures of products in a shop, helping to identify which ones are performing well and thus worth selling.

💡Image Generation Platform

An image generation platform is a service or software that allows users to create images based on prompts or descriptions. The video mentions using such platforms to generate clipart designs by inputting prompts and adjusting settings to achieve the desired outcome.

💡Upscale

To upscale an image means to increase its resolution while maintaining or improving its quality. The script discusses using an app called 'Reminy' to upscale AI-generated images to avoid pixelation when printed, which is crucial for high-quality product presentation.

💡Search Keywords

Search keywords are specific words or phrases used to optimize a product listing for search engines, making it easier for potential customers to find the product. The video suggests using top search keywords when naming products on Etsy to increase visibility and sales.

💡Etsy Product Listing

An Etsy product listing is the page where a seller presents their product for sale, including images, descriptions, and pricing information. The script explains how to work around Etsy's limitation of uploading only five design files per product by using a Google Drive folder and a PDF with clickable download buttons.

💡Background Removal

Background removal is the process of editing an image to remove its background, typically leaving only the subject of the image. The video mentions using 'Cana background removal' to prepare clipart designs for upload to Etsy, ensuring that the designs have a transparent background.

Highlights

A new Etsy seller made an impressive $10k in monthly revenue selling a simple digital product with minimal competition.

The store was launched 11 months ago and has already made over $1,160k in total revenue.

The video will reveal a step-by-step process to start a similar business using AI for creating digital products.

Clipper designs, which are PNG files with a transparent background, have generated over $40k in a short period.

Two methods are presented to identify products that consistently generate monthly sales.

The first method involves sorting Etsy reviews by most recent to find products with repeated sales.

The second, preferred method uses a tool like 'Alorva' to gain insights into product performance.

Alorva's shop analyzer feature helps identify top-performing products by observing monthly sales figures.

Creating prompts for AI to generate designs similar to the best sellers is the next step.

A method to generate additional prompts using Char GPT is described, with instructions for structuring them.

100 AI-generated prompts based on top-selling digital products are provided for viewers to start their business.

A free tool, 'Lexica', is tested for generating images, but results are disappointing.

CERAI offers 500 tokens per month and a wide range of styles, providing impressive outcomes.

Magic media allows generating more variations from preferred images and adjusting the scale.

City dreams offers unlimited styles and provides results similar to Midjourney.

AI-generated images can be pixelated; 'Reminy' from Google Play Store is used to upscale them.

To remove the white background from products before importing to Etsy, 'Cana background removal' is recommended.

Etsy's limitation of uploading only five design files per product is overcome by using a Google Drive folder and PDF with clickable download buttons.

Using top search keywords when naming products increases visibility and sales.

Copying and refreshing a competitor's product description with Char GPT can save time and ensure relevance.

Copying tasks from a competitor using 'Alorva' can increase the chances of being seen in searches.

Uploading high-quality products is key to success on Etsy.