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Make Money With ChatGPT In 5+ Simple Ways

Olivia
April 03, 2024
17 min read

With the release of ChatGPT in recent years, there are new ways to create income in both passive and active ways. Let’s discover how to turn ChatGPT into a money-making tool with our guide on: “Make Money With ChatGPT In 5+ Simple Ways”.

5 easy ways to make money with ChatGPT

1. Building new websites

One effective way to make money with ChatGPT is to create a website; the best part is you don’t need to know how to code. ChatGPT can assist you in turning your ideas into tangible products by providing step-by-step instructions on using frameworks, toolchains, and programming languages. 

GPT builds websites
GPT builds websites

Take the example of Ihor Stefurak, a Ukrainian entrepreneur who, with zero programming knowledge, used ChatGPT to build a Chrome extension and earned $1000 within 24 hours of its launch – quite impressive, isn’t it?

Ihor Stefurak used ChatGPT
Ihor Stefurak used ChatGPT

There are two main types of websites that ChatGPT can help you build, including HTML websites and other kinds of websites:

Making an HTML website

To earn money, you can create an essential HTML website with a specific purpose using ChatGPT. Once your site is live, you can monetize it by running Google ads. Here is a list of actions you need to conduct to establish an HTML website using ChatGPT:

  • Step 1: Conceptualization: Begin by brainstorming a specific and practical idea for your website. Examples include a percentage calculator, word counter, or random number generator. The goal is to offer a simple and valuable service through your site.
  • Step 2: Research and Validation: Use tools that measure search volumes and trends to validate the interest in your chosen concept. You want to ensure there is a substantial audience looking for the service you plan to provide. Higher search volumes indicate greater potential for success.
  • Step 3: Keyword Analysis: Conduct keyword analysis related to your chosen concept. Identify relevant keywords that potential users might search for. This step is crucial for optimizing your site’s content for search engines.
  • Step 4: Content Creation with ChatGPT: Utilize ChatGPT to generate content for your website, including informative articles, blog posts, and clear explanations of how your service works. This will enhance the overall quality and appeal of your site.
  • Step 5: Assemble an HTML Website: At this step, you can develop a basic HTML website incorporating the generated content. You don’t need advanced coding skills; simple HTML code will suffice. Ensure your website has a clean and user-friendly design.

Next, provide ChatGPT with instructions, like those below, to generate the code needed for your HTML website:

ChatGPT creates an HTML website
ChatGPT creates an HTML website
  • Step 6: Monetization through Google Ads: Sign up for Google AdSense, a program that allows you to display ads on your website. Once approved, integrate the ad code into your HTML pages. Google will then serve targeted ads on your site, and you earn money when visitors interact with the ads.
  • Step 7: Traffic Generation: Implement strategies to drive traffic to your website. This can include sharing your content on social media, optimizing for search engines, and engaging in online communities related to your website’s niche.
  • Step 8: Analytics and Optimization: Use Google Analytics or other tracking tools to monitor the performance of your website. Analyze user behavior, traffic sources, and ad performance. Optimize your site based on these insights to improve user experience and maximize earnings.

Following these steps, you can create a monetized HTML website using ChatGPT and Google ads. Remember to regularly update and refine your content to stay relevant and attract a steady flow of visitors.

Making other types of website

Building a more complex website is currently easier with platforms like Wix or Hostinger than ChatGPT, especially if you lack coding skills and prior website-building experience. 

Once your website is live, you can leverage ChatGPT for various income-generating tasks. ChatGPT can assist with the below tasks for creating either passive or active income, including:

  • Creating article titles for your website.
  • Drafting emails to potential product partners.
  • Building content clusters around specific topics.
  • Crafting author bios, about us pages, slogans, etc.
  • Writing product descriptions for your online store.

Remember, well-written and helpful content improves your site’s ranking and visibility. While ChatGPT ensures competent copy, it’s advisable to edit generated content. For instance, here are some blog article ideas generated with ChatGPT, saving hours of brainstorming.

ChatGPT writes content
ChatGPT writes content

Moreover, using ChatGPT allows you to establish a comprehensive website quickly, unlike the weeks or months it might take otherwise. Monetization options include:

  • Writing sponsored product reviews or engaging in affiliate partnerships.
  • Selling physical or digital products through e-commerce.
  • Using Google AdSense or incorporating advertisements.
  • Offering services like digital PR.

2. Forming a Youtube Channel

ChatGPT can assist in crafting video scripts for YouTube or other platforms. It helps generate video ideas, write scripts, and formulate titles and descriptions. This presents an excellent opportunity to generate income through advertising revenue over time.

As you probably know, YouTube channels can earn money through the YouTube Partner Program. Google, the owner of YouTube, provides a page explaining the various ways to make money through the program and the associated earning thresholds.

ChatGPT is useful for several stages of creating and populating a YouTube Channel such as:

  • Identifying the niche for your content.
  • Generating a relevant and catchy channel name.
  • Brainstorming ideas for videos.
  • Crafting scripts for your videos.

You can utilize other AI tools to create video content based on your scripts. Focusing on producing informative and engaging content increases the likelihood of attracting viewers and making money on the platform.

ChatGPT writes a Youtube script
ChatGPT writes a Youtube script

3. Creating & Selling eBooks

You also can use ChatGPT to make money by creating books and selling eBooks. To efficiently generate a book, break it into blocks and ask ChatGPT to write one paragraph at a time. This method allows for better control over the length and quality of your eBook.

If you want more extended responses, simply type “continue” when ChatGPT stops. You can also ask the chatbot to write a short story or children’s book. Provide detailed chapter prompts to enrich your story and keep it on track. 

After writing, sell your book through Amazon’s Kindle Direct Publishing (KDP) program. Edit your copy before uploading to address hallucinations. Create a cover image using Canva or Book Bolt. Amazon provides instructions on quickly publishing your book through KDP.

ChatGPT writes eBooks
ChatGPT writes eBooks

4. Writing blog & social media content

ChatGPT is a valuable tool for saving time and enhancing creativity in content creation for blogging, self-promotion, and marketing. It helps establish a personal brand, improve website copy, attract potential customers, and earn money using ChatGPT.

However, it’s crucial to rely on something other than ChatGPT for content generation. Dependence can result in generic AI-generated content, causing customers to distrust your authenticity. Use AI to brainstorm ideas and provide content outlines, but ensure a human-led approach with appropriate tweaks for optimal results.

Blog content

A popular avenue for earning with ChatGPT is through crafting blog posts. You can utilize ChatGPT with the following blogging-related tasks to make money:

  • Idea Generation: ChatGPT can help brainstorm ideas for blog posts based on keywords or topics of interest. This feature aids in overcoming writer’s block and ensures a steady flow of content ideas.
  • Content Composition: ChatGPT assists in composing blog posts by generating paragraphs or entire articles. It can provide well-structured content tailored to specific topics or themes.
  • Search Engine Optimization (SEO): ChatGPT can also enhance blog posts for search engines by suggesting relevant keywords, optimizing meta tags, and improving readability. This optimization increases the visibility of your blog posts and attracts more organic traffic over time.

For instance, here is the content for blog article ideas generated with ChatGPT:

ChatGPT writes a post for a blog
ChatGPT writes a post for a blog

Leveraging ChatGPT for blog content creation offers a gradual opportunity to earn passive income. As your blog gains traction and attracts more visitors, you can monetize it through advertising, affiliate marketing, sponsored content, or selling digital products.

Social media management

Additionally, ChatGPT can streamline the management of your social media accounts. It assists in:

  • Content Creation: It assists in crafting engaging social media posts by generating captions, headlines, or even entire posts. This feature saves time and ensures consistency in your social media presence.
  • Hashtag Generation: ChatGPT can suggest relevant hashtags based on the content of your posts and current trends. This improves the discoverability of your posts and increases engagement with your audience.
  • Efficiency Enhancement: ChatGPT enhances the efficiency of handling multiple social media accounts by automating repetitive tasks. It allows you to focus on creating quality content and engaging with your audience rather than getting bogged down by administrative tasks.

ChatGPT creates a daily Instagram post about stock market trends in the example below without updating information. 

ChatGPT generates an Instagram post
ChatGPT generates an Instagram post

5. Implementing Affiliate marketing

Solopreneurs, small business owners, or freelancers can register for affiliate programs and utilize ChatGPT-generated content to promote products. You can use ChatGPT to help generate email marketing campaigns, craft social media posts, and develop other promotional content. 

Subsequently, you can employ the above information/ data to endorse products on platforms like Amazon, Clickbank, or ShareASale. For instance, if you are a content freelancer and want to introduce a new type of newly launched beer, ChatGPT helps you do.

ChatGPT writes a product description
ChatGPT writes a product description

How to use ChatGPT for implementing affiliate marketing:

Follow these guidelines to help you utilize ChatGPT for applying affiliate marketing to your business:

  • Step 1: Affiliate Program Registration: Identify relevant affiliate programs that align with your niche or the products you want to promote. 
  • Step 2: Product Selection: Choose products that resonate with your target audience and are likely to generate interest. Consider the uniqueness, quality, and relevance of the products you plan to promote.
  • Step 3: ChatGPT Content Generation: Utilize ChatGPT to generate content that effectively promotes the chosen products. 
ChatGPT Content Generation
ChatGPT Content Generation
  • Step 4: Email Marketing Campaigns: Create email marketing campaigns using ChatGPT-generated content. Craft compelling email copies highlighting the promoted products’ key features and benefits. Include visually appealing elements to capture the attention of your audience.
  • Step 5: Social Media Posts: Develop a social media strategy with ChatGPT-generated content. Craft posts for platforms like Instagram, Facebook, or Twitter, ensuring the content aligns with each platform’s audience and style. Use persuasive language and captivating visuals.
  • Step 6: Other Promotional Content: Explore additional promotional avenues such as blog articles, press releases, or video scripts. ChatGPT can assist in generating diverse content types to suit different marketing channels.
  • Step 7: Product Endorsement: Seamlessly integrate the ChatGPT-generated content into your promotional efforts to endorse the products. Ensure that the content effectively communicates the value proposition and encourages potential customers to take action.
  • Step 8: Affiliate Links and Tracking: Embed affiliate links from affiliate programs into your promotional content. These links allow the platforms to track the traffic and sales generated through your promotional efforts, ensuring you receive the appropriate commissions.
  • Step 9: Monitoring and Adjustments: Keep a close eye on the performance of your affiliate marketing campaigns: track clicks, conversions, and overall engagement. Use analytics tools provided by the affiliate programs to assess the effectiveness of your efforts and make adjustments as needed.

By combining the power of affiliate programs and ChatGPT-generated content, solopreneurs, small business owners, or freelancers can create comprehensive and persuasive promotional campaigns that drive product sales and generate income.

6. Creating Logos and Illustrations

DALL-E 3 is a recent addition to ChatGPT, enhancing its versatility by enabling the creation of AI images. This update significantly expands ChatGPT’s capabilities beyond text generation or content creation.

Here are the key features of creating logos/ illustrations by ChatGPT to make money:

  • Professional Logo Services: Utilizing ChatGPT with DALL-E 3, you can offer professional logo design services to companies and digital firms. This is particularly valuable for individuals who may need to gain expertise in graphic design software such as Adobe Photoshop, Illustrator, or Figma.
  • No Need for Design Mastery: The advantage lies in not needing to master complex design tools. ChatGPT simplifies the process, allowing users to generate visually appealing logos without a steep learning curve. This democratization of design capabilities opens up new opportunities for those with limited design experience.
  • Rapid Idea Generation: Using ChatGPT to create logos is quick and efficient. In a matter of seconds, you can input your concept, and ChatGPT will generate various ideas for logos. This rapid ideation process is crucial for saving time and fostering creativity.
  • Secondary Income Potential: Creating appealing logos with ChatGPT presents a secondary income stream opportunity. Freelancers or individuals looking to monetize their design skills can leverage this capability to offer logo design services without needing extensive design software knowledge.
  • Market Demand for Visual Branding: Visual branding is crucial for businesses, and the demand for unique and eye-catching logos remains high. By tapping into this market with ChatGPT’s image-generation capabilities, you can address the visual branding needs of companies and entrepreneurs.
  • Marketing Your Services: Once you’ve created a portfolio of logos generated with ChatGPT, you can sell your services on freelancing websites, social media, or your website. Highlight the efficiency and uniqueness of your AI-assisted logo design services.
ChatGPT creates logos
ChatGPT creates logos

7. Establishing an AI Chatbot

Since the launch of ChatGPT, the demand for AI-assisted chatbots has surged. Businesses, educational institutions, apps, and individuals are keen on training AI with their custom data to create personalized chatbots. 

Training AI and developing an attractive front end can be a lucrative skill. Stripe, for example, has already implemented a ChatGPT-powered virtual assistant that aids developers by instantly answering questions about technical documentation.

Custom-trained AI Chatbot
Custom-trained AI Chatbot

You don’t have to be a programmer to create an AI chatbot. ChatGPT can guide you through the process. Simply ask it for instructions on building an AI chatbot using Python, and it will provide guidance.

Other Chatbots and AI Tools to Make Money

Even without a ChatGPT affiliate program, you can profit from alternative AI tools and competitors’ affiliate programs. Having a website or blog is essential for participation, but with AI-powered website builders, setting up a site to monetize your content can be quick and easy.

For instance, ChatSonic provides an affiliate program where partners can earn up to 30% of a sale for each referred paid customer. Jasper AI, designed for small and medium-sized businesses, also runs an affiliate program. Anyword offers payment of up to $1,149 for a single conversion.

These chatbots can assist you in generating content to make money, similar to what ChatGPT can offer like creating memes for monetary or generating expert blogs for lecturing. Choose wisely and you can earn money using ChatGPT‘s alternatives to expand your income sources.

FAQs

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Final words

Using ChatGPT to make money by using our suggested 5+ simple ways offers various opportunities, from crafting blog content to managing social media. There are some trending methods like creating jokes with ChatGPT, or generating AI gymnastic advice that can help you earn lots of money, so remember to get updated with the latest method to never fall behind.

Olivia
AI Expert at Avada.ai
Olivia brings her AI research knowledge and background in machine learning/natural language processing to her role at Avada AI. Merging professional expertise in computer science with her passion for AI's impact on technology and human development, she crafts content that engages and educates, driven by a vision of the future shaped by AI technology.
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