Inflation is real, and one of the many ways to beat it is to explore ways to boost our income. And thanks to technology, doing that is a lot easier these days. In this guide, we’ll learn how to use ChatGPT to make money.
ChatGPT, a powerful AI language model, offers numerous opportunities for individuals looking for new ways to earn money online. So, keep reading, as I’ve listed numerous ways how to use ChatGPT to make money!
How to Use ChatGPT to Make Money on Your Couch
You’re here if you want to learn how to make money while relaxing on your couch. Well, who wouldn’t want that, anyway? We now live in the digital world, and we should use it to our advantage.
Let’s start with ChatGPT, and I’ll be writing more articles on other tools that can help us earn money.
1. Write Faster and Earn More Money
Speaking of writing, ChatGPT can revolutionize your freelance writing game. ChatGPT can help you write articles, craft compelling blog posts, generate creative content for social media, write marketing materials, and copywriting for websites.
While it shouldn’t replace your personal creativity, you can leverage its speed and brainstorming abilities. But, if you have a talent for writing, consider this. According to ZipRecruiter, freelance writers can earn an average annual salary of $48,412, with many writers earning over $1,000 per week.
ChatGPT is able to dramatically reduce the time it takes you to research and write quality content.
By utilizing ChatGPT for tasks such as topic generation, outlining, research, and even first drafts, you can significantly boost your writing output. And that increased output means the potential for increased income.
Freelance writing platforms like Upwork, Fiverr, and Freelancer connect you with clients looking for writing services. This makes it easier to find paying gigs and begin using ChatGPT for some (or all) of the process, right now—take on more projects, complete them faster, and earn more money.
Content Marketing with ChatGPT
You can also use ChatGPT to improve and expand your affiliate marketing website. The bot is able to find and recommend products based on keyword criteria and will also give you the specific links to include in your content.
By using ChatGPT to create blog posts, generate content for email blasts, and write convincing social media posts, you will attract new users to your site, driving up your earnings.
Make Your Articles Sound More Human
When creating articles and other written content for sale, be careful. The output from ChatGPT can sometimes sound very robotic. It usually lacks context and can read as dry and monotone, which will turn many readers off.
Before using your ChatGPT-generated content, you should spend some time revising it to ensure it is lively and nuanced. You also want to make sure that your work isn’t mistaken for AI-generated content because if so, it may end up blacklisted by search engines.
Make it engaging for humans by doing these things:
- Keep things simple and clear.
- Use a direct style that speaks to people.
- Break up your ideas into short, digestible paragraphs, making it easier for readers to follow along.
- Avoid long, complex sentences that can confuse or overwhelm. Instead, aim for clarity and flow.
And, of course, include your personal experience or insights, making your content more enjoyable and relatable.
2. Publish and Sell Books 
Still in the writing industry, let’s talk about eBooks. The writing, research, and organization needed for creating quality, publishable eBooks is extremely challenging. This makes ChatGPT a critical tool that can speed the whole process along dramatically.
From brainstorming topics that are currently trending to researching specific niches, creating detailed outlines, and crafting rough drafts of content, ChatGPT will make your eBooks look professionally produced.
Earn Passive Income by Selling Your eBooks on Amazon
Selling eBooks is another way of building new revenue streams for writers. AI-written books have experienced a huge boom in sales since ChatGPT entered the market, making it even more important to take advantage of these trends.
This popularity of AI-generated books has caused Amazon Kindle sales to explode. For a quick overview of some of the more common niches where this is happening, try entering search terms into Amazon for children’s ebooks, sci-fi novellas, and motivational guides.
To increase your chances of sales, publish short chapters that can be uploaded all at once or serialize the eBook to keep users engaged and more likely to purchase the full version after reading several free chapters.
How to Utilize KDP to Make Money
If you’re curious about how to use ChatGPT to make money through eBook publishing, the Amazon Kindle Direct Publishing Platform (KDP) might be just what you’re looking for. KDP has two different royalty options, 70% or 35%, with a few key distinctions, which should help to increase your earnings.
For writers publishing using the KDP select platform, the royalty payments come directly from page views. Additionally, KDP Select allows eBooks to be shared across many international platforms simultaneously.
However, this can only be accomplished with enrollment lasting for a minimum of ninety days. If this sounds like a good strategy for getting your product noticed, just take a little time learning about what KDP has to offer and consider incorporating the chatbot to support your publishing success.
3. Develop Websites and Chrome Extensions
For the techier side of things, using ChatGPT for writing programming code is another fantastic way to generate income. Instead of struggling with technical details, the chatbot will do all the heavy lifting.
Just input specifics for the application or website that you’re envisioning, along with the tools and frameworks you’re using. Then, ask ChatGPT for the code.
Create a Basic Web Presence Using ChatGPT
If you don’t want to spend time coding or tweaking your website, consider taking advantage of the numerous app and website builders out there.
The good thing about ChatGPT is that it integrates with many platforms. So, with just a few prompts, you can generate website designs and imagery that make your business stand out from the crowd.
Create and Sell Useful Chrome Extensions
Many programmers are creating side gigs, even getting rich, by creating and selling extensions for the Google Chrome Browser. With nearly 200,000 different Chrome extensions on the market already and many being added daily, you’re only limited by your imagination when coming up with an idea.
Use ChatGPT to assist with writing and deploying code for your product, making this challenging side gig significantly easier. If ChatGPT outputs a bugged version of the code, just prompt it again for debugging help.
And once the product is perfected, you’re able to share it on the simplified Google Chrome Store and see what your new revenue stream looks like.
While some experience can come in handy when interpreting code outputs from ChatGPT, you will not need any specialized skills, and may be able to quickly create new ways of earning money right from your home office.
4. Monetize AI-Assisted Chatbots
It might surprise you to know just how big a demand there is for well-designed, functional chatbots. This demand only increased after ChatGPT came on the scene.
Educational institutions, businesses, and even private app users want to create personalized AI using their own specialized data sets. With ChatGPT, creating a functional and compelling bot can now be done by almost anyone, even with no prior programming experience.
Just like the example mentioned above, simply enter instructions detailing the functions that the chatbot will perform and what languages, tools, and frameworks it needs to be compatible with.
Then, sit back as ChatGPT outputs functional and engaging code to support your innovative project. Chatbots can then be integrated into a variety of platforms such as mobile apps, websites, and even popular messaging apps.
After generating a bot that’s customized to your (or your customer’s) needs, the process of monetizing can be accomplished in many ways. You can offer direct sales of the finished product to other users or you can integrate it directly into your own website or app and charge subscription fees.
Or, try something unique, like offering to train clients on building their own personalized bots. Offering group training seminars would maximize your earning potential. With some practice and the incredible abilities provided by ChatGPT, new income streams could be a possibility.
5. Explore Promising Business Ideas and Opportunities
Finding viable business opportunities can be hard. That’s why so many entrepreneurial-minded individuals are beginning to embrace the powerful abilities of ChatGPT. The bot excels at finding, exploring, and outlining possibilities.
Describe your particular goals and talents, then sit back as ChatGPT provides you with several new ways you could begin earning money immediately.
If the goal is just to make a little extra money with a side gig, be specific about that in your prompt, as well as any specific restrictions on time investment.
Or, if what you’re after is becoming richer than most people earning full-time wages, simply phrase it that way when initiating the discussion.
6. Monetize YouTube using ChatGPT
If you have always dreamed about making money on YouTube but have struggled finding interesting ideas or had issues structuring compelling content, using ChatGPT could completely revolutionize the way you approach your platform.
You may find yourself suddenly uploading much more high-quality video, attracting more viewers. That, in turn, translates into new sources of income.
With just a few prompts, the chatbot will effortlessly brainstorm topics, generate effective titles, craft detailed outlines and even write high-quality scripts. This includes humorous asides and thoughtful questions that will help you connect with your audience on a much more personal level.
You can even enter information regarding preferred lengths and the tone of the content to ensure everything perfectly matches your target audience.
Faceless Channels for Passive Income
What if you are an introvert who isn’t comfortable creating visual content with their own face? Well then this next suggestion might really excite you. By exploring what’s become known as “faceless” channels, you can easily build a base of supporters.
Faceless YouTube channels offer the ultimate privacy and allow you to produce creative and interesting content without the worry that usually comes with online marketing strategies. This removes you from the equation completely.
7. Become a Social Media Content Creation Expert
The social media space can seem really daunting when it comes to getting noticed in an already crowded environment.
For beginners just starting their journey, as well as more seasoned influencers and online entrepreneurs trying to grow a brand, knowing how to use ChatGPT to make money on social media may be just the opportunity you need.
With simple commands, you can ask the chatbot to generate any type of written content you want.
Witty Twitter posts with attention-grabbing hashtags, long-form Instagram captions promoting special events, even engaging product descriptions for companies wanting to generate more sales—the possibilities truly are endless, and it won’t cost a penny to experiment.
If this sounds appealing, you should consider offering it as a service. So many online marketing departments are beginning to incorporate this game-changing tool in 2024.
8. Utilize ChatGPT to Build Online Courses
Are you a recognized expert in a specialized field? Have you wanted to find ways to earn extra money, teaching your knowledge and experience to a new audience but don’t want to deal with setting up an online university?
Using ChatGPT to create, market, and share educational content may be an untapped resource you could utilize. The platform assists you every step of the way:
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Ask ChatGPT to research trending keywords and brainstorm topic titles to ensure your work gets noticed in searches.
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Then, prompt it for high-quality lecture outlines for an entire course.
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Finally, have it generate several initial chapters so you can evaluate if those match your overall approach.
By combining these incredible features, you’ll be producing the high-quality, professional, audience-specific online courses that many companies are hungry for. It might even revolutionize how you teach from this day forward.
And, of course, consider sharing your programs across one of the many respected platforms already used by millions of online consumers. Udemy, Skillshare, Thinkific, Gumroad, and Kajabi are just a handful of the better-known online marketplaces where education courses are bought and sold every day.
9. Generate Art and Logos Using ChatGPT
Are you a talented designer or artist with a keen understanding of online trends? Creating and selling artwork and professional logos is an interesting way to tap into the gig economy, using the same tool you use to make eBooks.
ChatGPT recently added image generation, based on OpenAI’s Dall-E3 software, to the core programming. By entering keywords or image prompts into the AI’s window, it outputs new work almost instantly in multiple formats.
You will not have to worry about learning complicated photo editing software. ChatGPT gives you another opportunity to generate passive income using art creation tools.
Many print-on-demand services accept image submissions and handle payment transactions and even ship products for you.
FAQs
How to use AI tools to make passive income?
There are numerous ways you can utilize AI tools for creating streams of passive income: publishing eBooks and sharing affiliate links through your content, utilizing AI-generated art on print-on-demand websites, or offering access to specially curated keywords to prompt better image outputs. There are many approaches and with ChatGPT’s evolving programming, the opportunities only increase.
How to make money with ChatGPT in 2024?
By offering services that are needed across different platforms and crafting unique and attention-grabbing written content for social media influencers and bloggers. You can also consider designing functional websites using intuitive website builders or finding topics and generating engaging outlines for courses that you publish on online learning platforms.
How can I use a chatbot to make money?
The interest in uniquely customized bots exploded in 2024, and you can take advantage of this by building bots to support the specific goals of other users.
Sell those directly to clients for instant income and set up an easy-to-use training website that instructs users on designing personal bots. You can also use the generated bots directly to streamline your business.
Conclusion
So let’s get real. It might seem like everyone’s afraid about how Artificial Intelligence (AI) will ruin all aspects of work and take our jobs. However, I hope I have shown you how to use ChatGPT to make money.
In short, instead of getting scared that it will replace our jobs, let’s learn how to use such a tool to enhance our skills.
ChatGPT can easily support you every step of the way as you explore any idea you have to generate new and more lucrative income opportunities. Learning how to use ChatGPT to make money across multiple marketplaces opens up tons of possibilities.
Explore these suggestions further and remember to be specific with the bot about the kind of information you are looking for. You will be amazed by the exciting ideas that ChatGPT generates that might match your particular skills and passions.
