How I Made $10k/Month with Etsy AI Digital Products as a Newbie

How I Made $10k/Month with Etsy AI Digital Products: A Newbie’s Journey

Etsy AI digital products are revolutionizing online income streams. Have you ever dreamed of making a steady income online with minimal effort? My journey from being an Etsy newbie to earning $10k a month might just inspire you. It all started when I discovered the potential of Etsy AI digital products and how they could transform my online business. This guide will walk you through the step-by-step process of leveraging AI tools to create profitable digital products on Etsy, showing you how Etsy AI digital products can be your key to success.

We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.

The Unexpected Success of a New Etsy Store

I was amazed when I came across an Etsy store that managed to generate $10k in monthly revenue selling a simple digital product. What’s even more impressive is that this store was only 11 months old and had already accumulated over $160k in total revenue. The product in question was a digital design with a transparent background, a format that seems to be gaining traction.

Finding the Right Digital Product to Sell

Before diving into creating a similar product, it’s crucial to identify digital products that consistently generate sales. There are two effective methods for this, with one being my preferred approach.

Method 1: Reviewing Recent Sales Data

The first method involves navigating to the reviews section of existing products and sorting by the most recent. This allows you to identify products with a high number of repeated sales. However, this approach can be time-consuming since you need to sift through reviews to pinpoint successful products.

Method 2: Using Allora for Product Insights

The second, more efficient method involves using Allora to analyze product performance. By accessing Allora’s shop analyzer feature, I input the shop name and navigate to the listing section. This allows me to view the monthly sales figures for each product and easily identify top performers.

Creating Effective Prompts for AI Design

Once you’ve identified a successful product, the next step is to generate similar designs using AI tools. I’ve discovered two methods for creating effective prompts, with the second being more straightforward.

Method 1: Describing Competitor Designs

For the first method, I start by describing a competitor’s product image in detail. I break the description into three sections to keep it manageable and then ask ChatGPT to generate additional prompts based on this description. This method requires a good understanding of the competitor’s design to ensure accurate variations.

Method 2: Utilizing Pre-Made Prompts

To simplify the process, I’ve created a set of 100 prompts based on the top-selling digital products in the store. This package includes 10 prompts for each of the top-selling categories. All you need to do is copy and paste these prompts into an image generation platform to get similar designs.

Testing AI Platforms for Design Creation

To create these designs, I tested three AI platforms, each with its unique features and strengths. Here’s how they performed.

Lexica: A Versatile AI Tool

I started with Lexica, which allows for the generation of 4 to 48 images per week. After pasting the prompt into Lexica, I adjusted the dimensions to a 1×1 ratio. The results were quite good, and I was able to create more variations by selecting the images I liked best.

CER AI: Customization and Variety

Next, I used CER AI, which offered a range of styles and 500 tokens per month. I created a custom size and explored the app’s features. Despite the AI’s broad style options, I chose to stick with the prompt’s original style. The results were impressive, with a wide array of variations available.

City Dreams: Unlimited Style Options

For the third platform, City Dreams, I found results comparable to Midjourney, with the added advantage of unlimited style options. After pasting my prompt, the outcome was fantastic, offering a range of styles to choose from.

Enhancing and Finalizing Your Designs

One issue I encountered was that some images appeared pixelated when zoomed in, which could be a problem for printing. To address this, I used Remini from the Google Play Store to enhance image quality. I adjusted the color settings to maintain consistency and removed the white background using Canva’s background removal tool.

Uploading Your Designs to Etsy

Etsy allows you to upload a maximum of five design files per product. To work around this limitation, I recommend gathering all your designs in a Google Drive folder. Create a PDF with a clickable download button using Canva, so customers can access the entire collection with a single click.

Using Effective Keywords for Visibility

To boost your product’s visibility, ensure you use top search keywords when naming your product. This strategy is similar to what successful sellers do. Additionally, you don’t need to start your product description from scratch. Copy a competitor’s description and use ChatGPT to refresh it, making necessary tweaks to match your product.

Copying Competitor Tags for Success

For tagging, you can copy tags from a competitor’s successful product. Return to Allora, select the product you wish to copy tags from, and use those tags to improve your product’s searchability.

Conclusion: Key Takeaways for Success

In conclusion, creating a successful Etsy store with AI digital products involves careful research, effective prompt creation, and utilizing the right tools. By following these steps and leveraging Etsy AI digital products, you can achieve impressive results and potentially earn a substantial income.

Remember, uploading high-quality products and using strategic keywords are crucial for success on Etsy. I hope this guide helps you on your journey to creating a profitable Etsy store.

FAQ

Is AI allowed on Etsy?

Yes, AI is allowed on Etsy, but there are specific guidelines to follow. Etsy permits the use of AI tools to create digital products, such as designs, illustrations, or other creative works. However, it’s crucial to ensure that the use of AI does not violate Etsy’s policies on intellectual property, originality, and quality. Ensure that your AI-generated products comply with Etsy’s guidelines for handmade and unique items. Always provide clear information about how your products are created, and avoid using AI in a way that misleads customers about the nature of the product.

What is the most purchased digital product on Etsy?

The most purchased digital products on Etsy often include printable planners, digital art prints, and design templates. These products are popular due to their versatility and the immediate value they offer to buyers. Printables such as planner pages, wall art, and educational resources tend to be high in demand because they are easy to download and use. However, trends can shift, so it’s a good idea to research current market trends and see which digital products are performing well on Etsy.

Can you actually make money with Etsy digital products?

Yes, you can make money with Etsy digital products. Many sellers have successfully built profitable businesses by offering digital items such as printables, templates, and designs. The key to success with Etsy digital products lies in creating high-quality, valuable items that meet the needs and preferences of your target audience. Additionally, effective marketing, SEO optimization, and maintaining a strong shop presence are crucial for attracting customers and generating sales.

Is Etsy worth selling digital products?

Yes, Etsy is worth selling digital products for many entrepreneurs. Etsy provides a platform with a large customer base interested in unique and creative digital items. Selling digital products on Etsy allows you to reach a global audience without the overhead costs associated with physical products. Digital products can also be sold repeatedly without additional production costs, making them a scalable option for generating income. However, success on Etsy requires understanding market trends, optimizing your listings, and providing excellent customer service.