33. How to Hit Your $10K/Monthly Goal Using AI with Patrick

In this episode of the Etsy Seller Podcast, host Cody McGuffie interviews Patrick, an experienced e-commerce seller who has transitioned to selling on Etsy. Patrick shares his journey from selling on platforms like eBay and Facebook Marketplace to exploring the unique world of Etsy. He discusses how he uses Everbee, an Etsy business tool, to conduct product research and find winning products. Patrick emphasizes the importance of browsing casually on Etsy to discover popular listings and gain insights into trending niches. He also highlights the significance of staying on the path and maintaining clarity in order to achieve success as an entrepreneur. With his goal of making $10,000 in profit per month, Patrick shares his strategies for creating unique digital products and standing out in a competitive marketplace.The Etsy Seller Podcast is hosted by Cody McGuffie, CEO and founder of EverBee. In each weekly episode of this podcast, you’ll hear from experienced Etsy Sellers on how they run their Etsy business, how they got their first sales on Etsy, how they market their Etsy shops and so much more.EverBee is a Etsy product analytics tool that helps Etsy sellers find best selling products and keywords so they can sell more on Etsy. It helps Etsy sellers speed up product research and product discovery so they can get their first Etsy sales and grow their business.Sign up for EverBee for free at the link - https://everbee.ioGuest BIO:Patrick is an experienced e-commerce entrepreneur who has ventured into various online marketplaces, including eBay and Facebook Marketplace. With a background in dropshipping and a passion for exploring different platforms, Patrick recently transitioned to the world of Etsy. He has been documenting his journey on his YouTube channel, sharing his experiences and insights with aspiring Etsy sellers.Patrick's approach to Etsy is unique, as he combines his expertise in product research with the use of AI tools like Everbee. By analyzing popular listings and identifying trends, Patrick creates digital products, such as clip art and patterns, that cater to the demands of the market. He understands the importance of standing out in a crowded marketplace and experiments with different techniques, such as changing background colors or adding unique elements to his designs.While Patrick's Etsy venture is currently a part-time endeavor, he has ambitious goals for his shop. His aim is to generate a monthly profit of at least $10,000, leveraging his knowledge of product research and strategic listing volume. Patrick recognizes the challenges of entrepreneurship but remains committed to staying on the path and overcoming obstacles to achieve his goals.Through his YouTube channel and his dedication to learning and adapting, Patrick aims to inspire and educate others in the e-commerce space. He emphasizes the importance of clarity in setting goals and staying focused, even during challenging times. With his passion for exploring new opportunities and his drive to succeed, Patrick is a valuable resource for anyone looking to navigate the world of online selling.Timestamps with key takeaways:(05:03) Etsy and dropshipping dynamics.(07:30) Ecommerce and dropshipping services.(13:57) Control over product research.(18:00) High demand, low competition tags.(24:06) Adding objects to digital images.(30:09) Identifying a pursued product.(33:28) Real money in ecommerce.(39:14) Lack of clarity and motivation.(43:14) Copycats and Competition.(46:09) Inventing and selling products.(50:06) Etsy journey and perseverance.(53:07) Using AI to write emails.Entities mentioned:Product researchEtsyeBayFacebook MarketplaceDropshippingHandmadeDigital productsAIEverbeeKeyword searchNichesDemandSalesRevenueListingsClarityGoalsProfitCompetitionSeasonalProcessSystematizingVolumeValidationReal estate