Since its release in November 2022, millions of businesses around the world have used ChatGPT, finding inventive ways to both save time and improve their bottom line with its impressive capabilities. Now, everyone wants to learn how to make money with ChatGPT.
You can make money using ChatGPT in a variety of ways, from building out your website's sponsored content to writing and selling an eBook on Amazon. There are specific prompts for ChatGPT that will help with these tasks and make them a little easier to achieve.
In this guide, we go through some of the different ways you can make money with ChatGPT, as well as some additional ways you can utilize the chatbot and other AI tools to help you obtain a higher income.
How to Make Money With ChatGPT
There are a variety of different ways you can use ChatGPT to help you make money, and turn tasks that would have previously taken hours into five-minute jobs. Here are some ways you can make money with ChatGPT covered in this article:
- Building an HTML Website With ChatGPT
- Building Out Other Websites With ChatGPT
- Writing and selling an eBook with ChatGPT
- Creating a Chrome Extension With ChatGPT
- Creating a YouTube Channel With ChatGPT
We’ll level with you here – if you find any source telling you that you can quickly make money out of ChatGPT, then unfortunately, it’s too good to be true.
ChatGPT isn’t going to spit out a winning business idea for you in seconds or build you an app from scratch. Even if it could, you’d have to develop it for weeks, months, or maybe even years to make some money. You’re not going to start making money right away, and you're going to have to put in a little effort. But that's not to say it isn't game-changing.
What ChatGPT can do is significantly reduce the time it takes to make money online across a variety of different means and fill skills gaps (like basic coding skills) that may be stopping you from making money via a given means. Plus, AI tools are great at supporting you if you already pursuing a way to make money (such as trading or building a website).
Building an HTML website with ChatGPT
You can make money out of a simple, single-purpose HTML website that you can code using ChatGPT. Once you put the site live, all you have to do is run Google ads on the site, and it’ll be monetized for you.
First up, you need to come up with a simple, single-purpose idea. This could be anything from a percentage calculator to a word counter or a random number generator. You can use tools that measure search volumes or search trends to check if your idea has a significant amount of traffic and whether it's worthwhile pursuing. The higher the search volume, the better.
Then, send ChatGPT some instructions like the ones we entered below to get it to return the code you need to build an HTML website:
Then, you can ask ChatGPT for instructions on how to get your website live. From there, you can leave your site to see how it does, or build it out to include more content – which might help it rank higher in the long run. Remember, if you get stuck at any point, simply ask the chatbot for more information.
Building a website with ChatGPT
First off, we’ll cut to the chase – building a more complex website than the one we mentioned just above is actually much easier with a provider like Wix or Hostinger than it is with ChatGPT at the moment, if you’re not a coding whizz with some prior website-building experience. This might not be the case for long, but right now it is.
However, once you get your website up and running, you can start using ChatGPT for almost every other job you’ll need to complete in order to actually make money out of your website. You can get ChatGPT to quickly:
- Generate article titles for your website
- Draft emails to product manufacturers you’d like to partner with
- Generate article copy for different websites
- Create content clusters around specific topics
- Write author bios, about us pages, slogans, etc.
- Write product descriptions for your online store
Remember, the more helpful and well-written the content on your site is, the better it’ll rank and the more people will see it. ChatGPT will ensure your copy is at a competent level, but we'd still suggest editing it after it generates it for you. Here's some article ideas we generated for a food blog using ChatGPT, which would have otherwise taken hours to brainstorm.
ChatGPT means you can build out a fully-fledged website in days, rather than weeks or even months. Of course, you’ll still have to work out how to monetize it – and you could do this by:
- Writing sponsored product reviews/affiliate partnerships
- Selling physical or digital products/ecommerce
- Using Google Adsense/advertisements
- Selling a service that you can offer (e.g. digital PR)
However, it’s important to remember that, if you want to run Adsense on your site, you’re following Google’s guidelines and providing genuinely useful content – which, as we've said, means some editing will likely be in order.
Writing and selling an eBook with ChatGPT
ChatGPT is good at lots of things – and one of those things is writing stories. To generate a book quickly and efficiently, break it down into blocks. ChatGPT may function better if you ask it to write a single paragraph at a time, rather than an entire book at once.
You can also elicit longer responses by simply typing “continue” when ChatGPT stops, giving you more control over how long you want your eBook to be. Alternatively, you could ask the chatbot to write a short story or children’s book aimed at a younger audience.
Remember to make your chapter prompts as detailed as possible, and give ChatGPT as much to work with as you can. This will enrich your story and ensure that it stays on the right track. We provided quite a basic prompt below, and even then, ChatGPT churned out a detailed story.
After your eBook is written, you can sell your book through Amazon’s Kindle Direct Publishing (KDP) program which allows anyone to sell and market a book.
However, you will need to edit your copy before uploading it as ChatGPT is known to hallucinate. You’ll also need a cover image, which you can make on Canva or Book Bolt. Instructions on how to quickly publish your book on Amazon’s KDP platform are provided by the tech giant.
Creating a Chrome extension with ChatGPT
ChatGPT can quite capably write Chrome extension scripts in seconds, as long as you’re clear with your prompt and you’re not asking it to code something incredibly complex. We asked ChatGPT to create a simple Chrome extension, and this is what it came up with:
Of course, ChatGPT probably won't be able to build you a Chrome extension like Honey or Loom. However, it can be used for programming more basic things, like editing the recipes you find on Google. But think imaginatively – SearchEngineJournal, for instance, used ChatGPT to create a Chrome extension that identifies SEO elements on a page. It's actually quite competent in this context.
ChatGPT will also be able to provide you with instructions on how to prime your Chrome extension to be uploaded as well as how to actually upload your Chrome extension to the Chrome Web Store.
It used to be really simple to make money out of Chrome extensions. Google used to let developers charge money and sifted off a 5% transaction fee. Unfortunately, however, that program depreciated a couple of years ago, so developers have to find alternative ways to make money via extensions.
Luckily, there are still other ways you can make money via Chrome extensions. For example, you could create a free extension, ask for an email address to download it, and then use that list to send out recommendations for related products. You could also create your own landing page for the extension and then take payment via a third-party provider rather than Google itself.
Creating a YouTube Channel with ChatGPT
As you’re probably already aware, YouTube channels can make money if they’re part of the YouTube Partner Program.
Google (which owns YouTube) has a page that explains the different ways you can make money via this Program, and the different thresholds for earning.
ChatGPT can actually help you with almost all of the stages of creating a YouTube Channel and populating it with content, such as:
- Finding the niche you want to create content about
- Brainstorming a relevant and catchy channel name
- Coming up with ideas for videos you could make
- Writing the scripts for the videos you’re making
You can use other AI tools to help you make the video content to go along with your scripts. If you focus on making informative, interesting content that gives people a reason to come back, then you’re going to have a better chance at making money on the platform.
Improving Your Job Prospects Using ChatGPT
You can also use ChatGPT to your advantage in work settings in a number of different ways, which can indirectly make you money by improving your chances in the job market.
- Use ChatGPT to Refine Your Resume
- Leverage Your ChatGPT Skills to Secure Better Jobs
- Use ChatGPT to Brainstorm Business Ideas/obtain advice
Use ChatGPT to refine your resume
Of course, aside from setting up your own project, another way to make more money is to get a higher-paying job. If you’re on the hunt for one of those, you can use ChatGPT to refine your resume. It can make suggestions relating to the structure of your resume.
If this sounds like something you might be interested in, head over to our page that runs through the best ChatGPT prompts, as there’s a whole section dedicated to prompts that can help you refine your resume, and practice answering interview questions.
Leverage your ChatGPT Skills to secure better jobs
It feels like there are only two types of business nowadays: those already letting their employees use AI to save valuable time, and those that want to, but aren’t quite sure excatly how it can be help. There are very few businesses out there that see no way AI tools could help them in their day-to-day operations.
The key takeaway from this is that businesses are looking for employees who know how to get the best out of ChatGPT, Bard, and other AI tools.
So, actually using the tools in your day-to-day life to achieve tasks, taking an AI training course, or gaining some other experience using the tools will signal to any prospective employers that you’re a future-proof hire.
Use ChatGPT to brainstorm business ideas
If you’re an entrepreneur and you’ve got a business idea, you could use ChatGPT to help you with background research on your business. For example, you could ask ChatGPT:
- If another business has tried this before, and whether it was successful
- Whether there are any legal requirements or issues with your idea
- What your strategy should be for launching your idea
Granted, you’ll probably get more useful advice from people who have experience starting and growing businesses, but if you’re heading over to Google to answer some of the above questions, you may find turning to ChatGPT saves tiy a little bit of time.
How to Make Money With Other Chatbots and AI Tools
There are ways to make money with ChatGPT alternatives – as well as other AI tools – via affiliate programs. ChatGPT doesn’t have an affiliate program itself, but many of its competitors do.
You will need your own website or blog, but if you’re already creating content for free, this could be a way to monetize your site. Alternatively, you could use a website builder with AI capabilities to quickly design a website for you.
ChatSonic, for example, has an affiliate program through which partners can earn up to 30% of a sale for every paid customer they refer. Jasper AI, which is a generative AI tool geared towards small and medium-sized businesses, also runs an affiliate program. Anyword, on the other hand, will pay you up to $1,149 for a single conversion.
Other AI tools, like Quillbot, have similar affiliate programs within which partners can earn different amounts of commission depending on the plans that users buy.
If you’d like to capitalize on the number of individuals and businesses currently looking for AI tools, then this could be a way forward – even if it doesn’t involve ChatGPT.