7 Digital Products You Can Make Using AI ($34,901/Month)

Alek
9 Mar 202315:36

TLDRThis video outlines seven digital products that can be created using AI, with the potential to earn over $34,000 per month. Ideas include generating patterns, selling wedding resources, creating guides, logo design, business cards, resume templates, and product mock-ups. The video promises tutorials on these concepts, highlighting the use of AI tools like mid-journey for design and Chat GPT for content creation, to streamline the process and tap into profitable niche markets.

Takeaways

  • 😲 AI can be used to create digital products that can generate significant monthly income.
  • 🎨 Generating patterns using AI tools like mid-journey can be a profitable niche with relatively low competition.
  • 💒 Selling digital wedding resources on platforms like Etsy can be highly lucrative due to high demand and simple designs.
  • 📚 AI can assist in creating guides and templates for various industries, automating much of the content generation.
  • 🏷 AI can generate logo designs, which can then be sold as packs on platforms like Etsy, with potential for high profit margins.
  • 💼 Business card designs created with AI can be a valuable upsell for logo design services or sold standalone.
  • 📄 Resume templates are a consistently profitable digital product, with AI aiding in the creation of ATS-friendly designs.
  • 🎭 Product mock-ups are essential for digital product sales and AI can be used to create unique mock-up designs.
  • 🔗 AI tools like mid-journey and Canva can be combined to create a variety of digital products with minimal manual work.
  • 💹 The profit margins for digital products can be as high as 91%, making them an attractive business opportunity.

Q & A

  • What are the seven digital products mentioned in the video that can be created using AI?

    -The seven digital products mentioned are: 1) Generating patterns, 2) Selling wedding resources, 3) Generating guides, 4) Opening a logo design shop, 5) Creating business cards, 6) Creating resume templates, and 7) Selling product mock-ups.

  • How much profit margin can one expect from digital products?

    -Digital products generally offer a profit margin of around 91%.

  • What is the potential monthly income from these digital products?

    -Some of these products can make over thirty-four thousand dollars a month.

  • How does using AI tools like mid-journey help in creating seamless pattern designs?

    -AI tools like mid-journey can generate images based on prompts, which can then be turned into seamless pattern designs using software like photopea.

  • What is the process of creating wedding invitation templates using AI?

    -The process involves using AI tools like mid-journey to generate designs, then refining and turning them into templates using platforms like Canva.

  • How can AI assist in generating guides for industries like real estate?

    -AI can be used to generate content for guides by providing information and text that can be formatted into templates using tools like Canva.

  • What is the role of AI in creating logo designs for a shop?

    -AI can generate logo concepts based on prompts, which can then be refined and turned into logo packs that can be sold.

  • How does AI help in creating business card templates?

    -AI can suggest designs for business cards, which are then recreated in a template format in Canva for customers to customize.

  • What is the potential profit from selling resume templates on platforms like Etsy?

    -Some shops have made hundreds of thousands of dollars from selling resume templates, indicating high profitability.

  • How can AI be utilized to create product mock-ups?

    -AI can generate images of products in various contexts, which can be edited in tools like photopea to create professional mock-ups.

  • What are the monthly costs associated with using AI tools for these digital products?

    -The monthly costs can vary but typically include subscriptions to AI tools like mid-journey and design platforms like Canva, ranging from $30 to $43 per month.

  • What is the difficulty level of using AI to create these digital products?

    -The difficulty level varies from 4 out of 10 for creating resume templates to 8 out of 10 for generating guides, depending on the complexity of the product and the user's familiarity with the tools.

Outlines

00:00

💡 Introduction to Digital Products and AI Tools

The narrator introduces seven digital products that can be created using AI tools, some of which can generate over $34,000 per month. These products offer a 91% profit margin and are nearly passive, as many niches remain untapped. The first idea presented involves generating seamless patterns using AI tools like MidJourney, where AI simplifies the creation of designs that can be sold on platforms like Etsy.

05:01

🎨 Creating Wedding Resources with AI

The second idea involves selling wedding resources such as invitation templates, a product that has generated up to $1.6 million for some shops. Using AI tools like MidJourney and Canva, wedding resources can be designed quickly. AI handles the majority of the design work, but some manual effort is needed to refine templates for sale. Despite the technical challenges, this niche shows high demand and profitability.

10:02

🏠 Generating Guides for Real Estate and Other Niches

This section explains how real estate buyer and seller guides can be created and sold as digital products. Shops offering these guides have made hundreds of thousands of dollars. AI, such as ChatGPT, helps generate the content needed for these guides, making the process easier. By leveraging industry knowledge, creators can offer tailored resources across various sectors, including Airbnb checklists and recipe templates.

15:03

🎨 Opening a Logo Design Shop with AI Assistance

The narrator discusses the profitability of logo design shops, particularly on Etsy. Using AI tools like MidJourney and ChatGPT, creators can quickly generate logos, saving time and effort compared to traditional design methods. While AI handles most of the work, creators still need to learn how to craft prompts and make final design adjustments. The process is scalable and lucrative, as many customers are unaware of the power of AI for logo design.

💼 Adding Business Card Designs to Your Offerings

This section highlights the opportunity to create and sell business card designs alongside logos. AI tools can generate business card templates, and the creator can finalize the design in Canva. Although the process requires some manual work, it is relatively quick and easy. Business cards are often sold as an upsell to logo design services, providing an additional revenue stream.

📄 Creating and Selling Resume Templates

Resume templates are a highly profitable and passive digital product. The narrator references shops that have generated hundreds of thousands of dollars in sales. AI can assist in creating these templates by generating content sections and filler text that are applicant tracking system (ATS) friendly. By leveraging AI, creators have nearly unlimited design possibilities, but they still need to build out templates manually.

🖼️ Selling Product Mockups with AI

The final idea focuses on creating product mockups, which are used by digital product sellers to showcase their items. AI tools like MidJourney can generate mockup images, which are then refined and edited in tools like PhotoP. The demand for mockups, especially for items like mugs and posters, is high, and the narrator outlines a simple process for creating them with minimal effort. This business can be lucrative with little upfront work.

📢 Conclusion and Call to Action

The video concludes with a recap of the various AI-powered business ideas discussed, encouraging viewers to like, comment, and subscribe for more in-depth tutorials. The narrator highlights how AI can simplify the creation of digital products and invites viewers to request specific tutorials from the video.

Mindmap

Keywords

💡AI

AI, or Artificial Intelligence, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the context of the video, AI is utilized to create digital products, demonstrating its capability to generate designs, patterns, and content that can be monetized. The video discusses using AI tools like mid-journey for image generation and Chat GPT for text generation to assist in creating various digital products.

💡Digital Products

Digital products are intangible goods that can be distributed electronically. The video focuses on how to create and sell digital products using AI, such as patterns, wedding resources, and logo designs. These products are typically delivered online and can include templates, guides, and designs that customers can download and use for various purposes.

💡Profit Margin

Profit margin is a measure of a company's profitability, calculated as the percentage of sales that result in profit. The video mentions that digital products have a roughly 91% profit margin, indicating that a significant portion of the sales revenue turns into profit after accounting for the cost of goods sold. This highlights the potential financial benefits of selling digital products.

💡Seamless Patterns

Seamless patterns are repeating designs that can be tiled without visible seams, making them suitable for various applications like printable papers or digital backgrounds. In the video, the speaker discusses using AI to generate seamless patterns that can be sold as digital downloads, exemplifying the creative potential of AI in design.

💡Etsy

Etsy is an e-commerce website focused on handmade, vintage items, and craft supplies. The video uses Etsy as a reference to showcase the sales history and market demand for digital products like patterns and wedding resources. It demonstrates how AI can be leveraged to create products that cater to the Etsy demographic.

💡Mid-journey

Mid-journey is mentioned as an image generation AI tool in the video. Users input prompts, and the AI generates images based on those descriptions. It's highlighted as a tool that can significantly streamline the process of creating digital products by automating the design aspect, such as generating patterns or logos.

💡Canva

Canva is a graphic design platform used to create visual content. The video describes using Canva in conjunction with AI-generated images to finalize designs for digital products like wedding invitations or logo templates. It serves as a tool to edit and format AI outputs into professional templates.

💡Passive Income

Passive income refers to earnings that come with little to no effort after an initial work investment. The video emphasizes the potential for passive income from digital products, as once these products are created and listed, they can continue to generate sales with minimal ongoing work.

💡Mock-ups

Mock-ups are digital representations used to display how a product might look in a real-world setting. In the video, the creator discusses using AI to generate mock-ups, such as images of a mug on various backgrounds, which can then be sold as digital products. This demonstrates AI's role in creating visually appealing and realistic product presentations.

💡Resume Templates

Resume templates are pre-designed formats that help job seekers create professional resumes. The video mentions using AI to generate creative and ATS (Applicant Tracking System) friendly resume templates, which can be sold as digital products. This illustrates how AI can assist in creating customized and effective job application materials.

Highlights

Seven digital products can be created using AI tools, potentially earning over $34,000 per month.

Digital products offer a profit margin of around 91% and are almost completely passive.

The market for these digital products is relatively untapped.

Idea one involves generating patterns using AI, which can be sold as digital downloads.

Sweet Shop Design sells digital patterns and has made around $70,000 from approximately 35,000 sales.

Shop Papers by Helen has made around $14,000 in passive income from 37 listings.

Mid-journey AI can generate images based on prompts, which can be used to create patterns.

Photopep can be used to define images as new patterns and manipulate their size.

Idea two is selling wedding resources, which is popular among the Etsy demographic.

A Wild Bloom Principles has likely made close to $1.6 million from selling digital wedding resources.

Wedding invitation templates are in high demand and receive hundreds of reviews.

AI can be used to automate the design process for wedding resources using mid-journey and Canva.

Chat GPT can assist in determining what text boxes should be included in a template.

Idea three is generating guides, such as real estate buyer and seller guides.

Real estate templates company has done over 40,000 sales, likely earning around $244,000.

Chat GPT can generate content for guides and provide a structure for the information.

Idea four is opening a logo design shop, which can be very profitable.

Logos can be created using AI, and mid-journey can generate logos for almost anything.

Idea five involves creating business cards, which can be an upsell to a logo design.

Business cards are a profitable niche, with some shops making thousands of dollars from sales.

Idea six is creating resume templates, which is both profitable and passive.

Resume templates can be made ATS friendly and visually appealing using AI.

Idea seven is selling product mock-ups, which are essential for displaying digital products.

Mock-ups can be created using AI and then refined in a free Photoshop alternative like Photopep.