I haven’t been capable of cease utilizing Midjourney since its launch. There’s simply one thing about turning my concepts into tangible artwork that’s so addicting. However these days, I’ve been pondering:
Can I flip my concepts into cash with Midjourney?
On the floor, promoting AI-generated artwork would possibly appear to be simple cash. You kind in just a few phrases, let the machine work its magic, then put the picture up on the market. However the actuality is rather more difficult. There’s quite a lot of issues to contemplate, together with how and the place you’ll make your cash.
Even then, earnings could begin slowly. However with persistence, Midjourney can develop into a viable revenue stream. On this article, I’ll be speaking about a number of the methods I’ve discovered to monetize your concepts and prompts, and — most significantly — how a lot cash you must anticipate.
How Can You Make Cash With Midjourney Artwork
Midjourney As A Service
Midjourney has an accessible worth, which suggests nearly anybody could make AI artwork. Nonetheless, solely a choose few are adequate to promote their companies as a Midjourney artist. In case you’re one in every of them, you can also make financial institution with this technique.
However first, the place?
The simplest technique is thru service marketplaces reminiscent of Upwork and Fiverr. It’s also possible to use social media platforms like Instagram and Twitter to promote your work.
I additionally discovered luck simply by posting my private creations within the official Midjourney subreddit. That is an insanely simple technique to construct your popularity throughout the neighborhood.
As soon as individuals develop into conscious of your abilities, they’re more likely to search you out, even in case you’re not promoting your service.
It’s also possible to make your personal platform to promote AI artwork. Nonetheless, I counsel choosing a distinct segment and constructing a portfolio first. This is able to assist broaden your viewers to incorporate individuals who aren’t in search of Midjourney artists particularly. Take Ulises for instance.
This design studio focuses on structure and inside design. Doing so helps set up their experience in the subject material and builds belief with potential clients.
So, how a lot cash are you able to make with this technique?
The very best factor about that is that you just set your personal worth! Simply just be sure you can stroll the speak. There are additionally different elements to contemplate, such because the complexity of the challenge and the area of interest, however these are the same old costs for marketplaces:
- Fiverr. Begins at round $15 per process. Skilled companies can attain upwards of $250, relying on the use case. (Median: $15 to $20)
- Upwork. $5 to $250 per hour, relying in your experience and area of interest. (Median: $20 per hour)
Print On Demand
After getting a portfolio of your Midjourney artwork, you may also promote prints and merchandise on-line. There are numerous print-on-demand companies that make it simple to promote your artwork with out worrying about stock and achievement.
Print-on-demand is among the most worthwhile companies on the market, and it’s solely rising in popularity by the second. There are numerous print-on-demand platforms on the market, however I counsel utilizing websites reminiscent of Redbubble, Printify, Etsy, and Teelaunch due to their loyal person base.
Aside from creating, tweaking, and promoting your Midjourney paintings, that is largely passive revenue — which makes it an superior and worthwhile aspect gig for busy individuals. All it takes is an hour of your day in alternate for revenue.
So, how a lot cash are you able to make with this technique?
Your income closely rely upon what you’re promoting. These are the usual product costs for Midjourney-based merchandise on Redbubble and Etsy:
- Mugs: $5 to $20
- Shirts: $15 to $40
- Stickers: $1 to $3
- Posters: $12 to $30
- Pillow Instances: $5 to $15
- Cellphone Instances: $12 to $25
- Postcards and Greeting Playing cards: $0.5 to $3
Promoting NFTs
NFTs are a comparatively new technique to personal and promote digital artwork, however they’re nonetheless fairly controversial. Many cite points reminiscent of environmental considerations and lack of utility as the first explanation why individuals shouldn’t purchase or promote NFTs. There’s additionally an absence of regulation throughout the house, which makes them vulnerable to fraud and market manipulation.
Nonetheless, in case you do your due diligence in analysis, promoting your Midjourney artwork as NFTs may be efficient and high-value. Platforms reminiscent of OpenSea and Rarible nonetheless have a powerful neighborhood.
This comes with some downsides although, together with the complexity of minting and selling your NFTs. Your gross sales additionally rests in your popularity within the NFT & Cryptocurrency house, which is notoriously exhausting to penetrate.
So, how a lot cash are you able to make with this technique?
NFTs are recognized to be extraordinarily risky, so that you shouldn’t anticipate constant income. Nonetheless, you’ll be able to anticipate round $150 per NFT in OpenSea and Nifty when the costs are transformed from ETH.
As Inventory Photographs
The inventory photograph business is a multi-billion greenback market that you may make the most of with Midjourney. Much like print-on-demand, this technique can also be largely passive. No want for advertising and marketing, you simply want to make use of the correct key phrases so individuals can discover your property.
The right market for Midjourney inventory pictures is Adobe Inventory. Its direct integration with Adobe merchandise reminiscent of Photoshop, Premiere, and Illustrator makes your property accessible to graphic designers and content material creators all over the place. They’re additionally very inclusive of AI artwork, so long as they’re correctly labeled.
It’s vital to notice that not all inventory web sites enable AI artwork, like Shutterstock and Getty Photographs. So be sure to learn their phrases and agreements first earlier than you add to keep away from getting banned.
So, how a lot cash are you able to make with this technique?
Adobe Inventory has a 33% royalty price, which is a share of the web worth of the license. Which means your earnings rely upon the asset kind and the client’s subscription plan. To be extra particular, right here’s an estimate of what you’ll earn with them:
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Licensee’s Adobe Inventory Plan |
Your Earnings Per Obtain |
Supply Your Midjourney Experience
There’s plenty of methods you’ll be able to monetize your Midjourney experience, however I’ll be specializing in these three:
Promote Prompts
You don’t even have to straight promote Midjourney artworks. Some patrons search top quality prompts due to its potential. PromptBase is the most well-liked market for prompts, with greater than 11,000 potential patrons as of December 2022.
So, how a lot cash are you able to make with this technique?
The price of prompts in PromptBase hovers round $1.99 to $9.99.
Make A Promptbook
There’s a rising demand for immediate engineering due to AI’s stubbornness.
Mastering Midjourney takes quite a lot of time and observe, one thing that some individuals can’t afford. Creating and promoting a promptbook may very well be tiresome at first however, as soon as it’s on Amazon or some other market, you’ll be able to anticipate a gentle stream of revenue with little to no effort.
So, how a lot cash are you able to make with this technique?
- Digital Copy: $5.99 to $12.99.
- Paperback: $12.99 to $39.99.
- Hardbound: $14.99 to $49.99
Create Midjourney Programs
In case you’re assured in your abilities, you may also create newbie and intermediate programs to point out the way you’re absolutely using Midjourney. That is presumably the toughest technique of all of them, nevertheless it’s additionally probably the most rewarding. You’ll want to create a lesson plan, content material, and even workout routines in some instances.
However all the time hold these two issues in thoughts: Individuals are prepared to pay for data and phrase will get round. When you’ve established your popularity as an knowledgeable Midjourney instructor, you’re all the time going to have a buyer. A few of them even tip effectively. Very well.
So, how a lot cash are you able to make with this technique?
In Udemy, Midjourney programs normally vary from $49.99 to $79.99 with out promos and referral hyperlinks. As for the income share, you’ll be able to obtain 97% of all income if the customer used a referral hyperlink or 37% if the customer bought your course by looking the Udemy market.
The Backside Line
There’s some huge cash to be made in Midjourney. You simply have to know the place to look.
However you’ll be able to’t get there with no respectable portfolio. Midjourney isn’t a get-rich-quick scheme. My greatest recommendation is to create as many Midjourney artworks as you’ll be able to and curate them. Promote your artwork all over the place, particularly on Twitter, Instagram, and Reddit. Be part of contests in case you can.
When you’re well-known within the Midjourney house, I promise you that the cash will come, regardless of which technique you choose above. You simply must get actually good at utilizing it after which tailor it in a route that folks will wish to pay for.
Oh, and yet another factor: Costs listed below are largely estimates from publicly obtainable data. You even have to contemplate different elements reminiscent of outliers and platform royalties (and the time value you are placing into all of this!).
When you’re absolutely conscious of all these, you’re all set to earn a living with Midjourney. Good luck!
