The rise of AI is like watching a child grow up in fast-forward. Every day, it seems there are leaps and bounds made in AI, from facial detection and recognition to self-driving cars.
One of the latest additions to this field is ChatGPT, a chatbot that can answer questions and even hold conversations with users. Just 2 months after its launch, ChatGPT garnered 100 million monthly active users in the month of January alone. Its success is a clear sign that AI has the potential to revolutionize our relationship with technology.
One of the most fascinating aspects of AI is its ability to create content with unprecedented speed and accuracy. That's where advanced AI language models like ChatGPT and DALLE2 come in. They can generate text and images that are almost indistinguishable from those created by humans.
In fact, it's so smart that it can even be used to make money. That's right – with a little bit of know-how and some creative thinking, you can use ChatGPT to earn extra money. While you can’t make money on the platform itself, you can harness the power of ChatGPT to create and monetize content.
Here are 13 ways you can make money with ChatGPT!
1. Offer copywriting services
ChatGPT can generate high-quality copy for websites, headlines, and more. With its AI language model and quick turnaround times, you can use ChatGPT to come up with content that’s both interesting and accurate. All the AI needs is a brief summary of what you want to write, and it will generate some compelling content for you.
Maybe one of your clients is a new yogurt company and needs help coming up with a good headline for a press release – ChatGPT can help you out. Interestingly, tests show that traffic to content can vary by as much as 500%, all because of a headline.
Good short-form copy is to-the-point, eye-catching, and clever, and sometimes it can take a long time to perfect it. ChatGPT can cut down on time and effort, and provide that creative spark when you need it.
2. Start an email marketing business
ChatGPT can help you leverage its AI capabilities to generate high-quality email copy. Whether it’s crafting creative subject lines or writing compelling body copy, ChatGPT can provide the perfect mix of data-driven insights and human touch that will make your emails stand out in a crowded inbox.
You can also use ChatGPT to automate the email creation process. All you need to do is provide it with some basic information, such as the topic of your email and a few keywords. Then, it will generate an email that’s both professional-looking and engaging.
This example for a jewelry brand integrates some clever jewelry-related lingo and focuses on promoting a new product line to existing customers. Other emails could target new customers or talk about new trends.
Email marketing is expected to reach a revenue of 17.9 billion U.S. dollars by 2027 – so the demand isn’t dying down anytime soon!
3. Offer a social media management service
Social media has continued to dominate people’s lives and businesses, so it only makes sense that you can make money managing other people’s social media accounts. With the help of ChatGPT, you can take on clients who need assistance with their Twitter and Facebook profiles as well as Instagram and Pinterest posts.
Whether you want to offer your services to local businesses or even work freelance, ChatGPT can help you get started. You can charge a fee for each post or offer a package deal for ongoing management. Some of the ways ChatGPT can help include answering questions about each social media platform, giving tips on strategy, and more.
4. Start up a blog
Bloggers have become the new go-to resource for advice and entertainment. But, did you know that ChatGPT can do all the blogging for you? With the platform, you can create your own blog and start monetizing it. You can post about anything from lifestyle to business topics and generate income through affiliate programs or sponsored posts.
Start using ChatGPT to generate ideas for blog posts or even create the content itself. Interested in travel blogging? Get ChatGPT to help come up with a cool URL and some blog post titles people will want to read about.
With an endless list of topics at your disposal, you’ll never run out of interesting ideas to flesh out your blog!
5. Write e-books
The e-book market continues to grow, and there’s no better time than now to get involved. ChatGPT can help you create your own digital books on a variety of topics. You can use the platform to come up with ideas for titles that people may want to read and then publish them online or through Kindle Direct Publishing. After it's published, you can start earning royalties from each sale.
ChatGPT can help you most when it comes to writing the e-book itself: brainstorming topics and titles, creating structural outlines, researching data and facts to include in the book, and more.
When asked to come up with a structure for an e-book on balcony gardening, ChatGPT provides a detailed breakdown of each chapter with useful subheadings. Soon enough, you’ll have enough material to write a series or even try your hand at fiction books.
6. Write video/podcast scripts
If you have an idea for a video or podcast show, ChatGPT can help you turn it into reality. Whether it’s on YouTube or Spotify, it seems like everyone has their own podcast or channel nowadays.
Writing scripts for videos or podcasts can be a great side hustle for any Canadian. With ChatGPT, you can use the platform to come up with interesting topics and write engaging dialogue that will hold people’s attention. You can then sell your scripts to video production companies or podcast networks and make money from each sale. Or, if you’re starting your own podcast altogether, try implementing sponsorships and advertisements when people watch or listen to your shows.
7. Start a cover letter/resume writing business
Resume and cover letter writing is an art. People also want their resume to stand out from the crowd, so offering these writing services is a fantastic way to make some extra money.
And not only are the unemployed looking for jobs but so are people who are employed! In 2021, a survey found that 43% of Canadian workers were considering looking for a new job in 2022. With ChatGPT’s help, you can tailor resumes and cover letters for a wide range of clients – all while getting paid for it!
8. Create online courses
Do you want to monetize your knowledge? With ChatGPT, you can create online courses and start teaching people all over the world. Whether it’s a tutorial on a specific topic or an in-depth look at a subject, ChatGPT can help you figure out how to craft a course.
If you’re particularly good at cooking, for example, you can use ChatGPT to come up with a course on the basics of cooking and then create video tutorials and downloadable PDFs for people who sign up.
Masterclass and Udemy are two fantastic platforms on which you can charge for these courses or have people sign up for subscription packages that give them access to all of your content.
9. Create computer games
If you’re tech-savvy and have an interest in video games, then using ChatGPT to create computer games can be an excellent side hustle. You can use the platform to find ideas for game designs that will appeal to your target audience. Designing something as complex as a game can be tedious, but ChatGPT can spit out tons of great ideas and help you design the premise for your game.
Then, you can develop the game with coding or use user-friendly development software like Unity or Unreal Engine. Once it’s complete, you can upload it online and make money through in-app purchases or advertisements.
10. Develop marketing campaigns
Ad campaigns are essential for businesses to reach their target market and generate sales. While we’ve touched upon some aspects of marketing campaigns, such as copywriting, blogging, and email marketing, you can use ChatGPT to design an entire campaign for you.
Think content calendars, audience research, creating buyer personas, finding optimized keywords for SEO purposes, analyzing customer feedback, and curating sales pages – you can do all with ChatGPT. Business owners of every size are always on the lookout for marketers and freelancers that will take the reins for their marketing campaigns.
This buyer persona is an excellent start to formulating a smart marketing campaign for the right target audience.
11. Generate music lyrics
Music is a powerful form of entertainment. But other than the melody, beat, and overall vibe of the song, you might want lyrics to go with it. As the years have gone by, studies have shown that simpler songs reach higher chart positions – and what better way to be successful than to get to the top of the charts?
Simple means ChatGPT is more than capable of brainstorming ideas for songs that will appeal to listeners. It can craft catchy lyrics that are unique and memorable for every genre imaginable – rap, pop, hip hop, metal, and more. Of course, it won’t be able to help you with the music itself, but once your song is ready to go, you can sell it or license it out so other artists can record it.
12. Write code to make simple tools
ChatGPT doesn't just have a way with words – it can also help you write code. It’s a little-known fact that you can use ChatGPT to create simple tools such as a password generator or a basic website builder.
These tools are incredibly helpful and in demand, so people are always looking for them online. By writing the code yourself with the help of ChatGPT, you’ll be able to offer these services for a fee – and because they don’t require much work, you can make some money without too much effort.
13. Become a tutor
Perhaps you have a degree in psychology or math, or are naturally gifted at teaching young children the basics. These skills and knowledge might come in handy, but you might need some help and resources when it comes to lesson planning.
ChatGPT can help create lesson plans and tailor them to the student's needs. Plus, it can provide guidance on how to structure your lessons and what topics to focus on. From there, you can take things a step further and formulate video tutorials or exam prep materials using ChatGPT.
This outline for a psychology class on the theories of dreaming kicks off the class with an exciting “ask the class” activity and ends by talking about assessment criteria. ChatGPT is a great way to ensure nothing is missed.
FAQs About Making Money with ChatGPT
Curious about the nuances of ChatGPT before you get started? Take a look at some frequently asked questions below.
ChatGPT offers numerous ways to make money. These include social media management, blogging, creating e-books, copywriting, and more. If you’re ready to start up your side hustle, you can find clients on freelancing platforms such as Fiverr or Upwork and start making money!
Yes, ChatGPT is free to use. Those who are interested in the updated version of ChatGPT powered by GPT-4 can pay a monthly subscription for ChatGPT Plus.
ChatGPT creates unique and original text using natural language processing and machine learning algorithms. The downside is that some of this produced content can be factually incorrect, or it may unintentionally produce similar content to what exists on the web. Although ChatGPT is generally plagiarism-free, always check and put your own spin on things to make sure!