Recently AI has clearly shown us how important it is to actively be up to date, as it can save you an immense amount of time.
The world we live in has changed drastically, and everyone that wants to be a part of it has to adjust to it. Artificial Intelligence has continuously impacted our lives for the past two decades and has become an integral part of modern society.
People have lately been focused on utilizing ChatGPT to boost their financial income. However, some of them have already been working in a field where an AI-generating tool such as ChatGPT truly affected their efficiency and productivity.
On the other hand, others have been highly engaged as soon as they got their hands on it, and most are highly impressed with its effectiveness. But, ChatGPT is just an example, as there have been AI-generating tools in fields such as SEO, content writing, grammar checkers, etc., for a while now.
In this article, we will discuss several ways to make money with AI and provide tips to give you ideas.
Starting a writing business
AI writing tools have become increasingly popular, and businesses are looking for content creators who can use these tools to create high-quality content. One way to make money with these writing tools is to use them effectively to enhance your writing, for example:
- Blog Writing
- Article Writing
- Content Writing
- Writing Agency
Combined with AI writing tools, these fields can easily make you money. When I say quickly, I mean you can only dedicate two (2) to three (3) hours a day for a considerable amount of time to successfully launch a blogging website. Always take into consideration that every field requires patience and dedication, the time and effort you put in will highly impact the outcome.
You can also improve already existing content or copywriting for other businesses. In addition, I find these tools highly efficient when it comes to writing video scripts for content creators. They can generate many ideas for your video ideas, and scripts or even help you choose your niche if you’re just about to start.
I have always considered a side hustle, a business that requires part-time or less attention and expects to profit in exchange. This is not true, and there is no quick way to make money, especially when it comes to blogging, as this requires a lot of patience, and you can only reap
the fruits after months of hard work.
Selling Wedding Resources
There is a website named WildBloomPrintables, and they have estimated 1.6 Million dollars from selling these digital download wedding resources. Their template reviews get hundreds of views, and the designs are very simple.
There are other shops as well that have similar designs, and interestingly enough, they are in very high demand. For example, TwistStationery made it to the top 100 sellers with 13,964 sales in the last 30 days on Etsy, which amounts to 30,000 dollars.
To be a part of this market, requiring your prompting ideas and creativity, can be possible by using mid-journey combined with Canva. For example, you can literary ask mid-journey to provide you with some wedding templates, then if you’re somewhat decent at using Canva, you can add text boxes to make it possible for the customers to use them as templates.
This is again within the Etsy platform. You can create different types of guides for different shops where you can sell these digital guides for a decent $5.99 up to $20.00. These buyer and seller guys can be painful if the niche you’re writing about is unknown to you.
There is a ShopRShop that has all kinds of products that you can be involved in. In this case, you can use ChatGPT, and even if you’re unfamiliar with the niche you’d like to be involved in, you can ask ChatGPT to provide you with the information that you should put in these guides. You should always do the fact-checking and see yourself if you think that guide would have been helpful for yourself, especially if you’re unfamiliar with the topic, as this gives you a perspective of your customer.
But you still have to take the text and incorporate it into Canva.
Opening a logo design shop can be very beneficial, as shops like this charge $10.00 per logo pack on Etsy. Some of these shops make an insane amount of money; for example Logolane has 13,167 sales that range from $39.00 to $130, making 1.2 million dollars profit.
You can use mid-journey to generate logos, this means you have to be very good at prompts and have great knowledge of how to use mid-journey. Learning the AI language will take time, allowing you to navigate it properly and generate your very ideas.
The downside is that mid-journey makes logos with an unknown language printed on them, and you will have to use photoshop to erase the text and put something new that would benefit your sales.
Selling Business Cards
The shop that we just talked about, Logolane, charges 50.00 dollars for business card designs. There are other shops that sell business card designs for a considerable price as well.
You can easily monetize this using mid-journey as well. After you create your business card, you will have to take the image to Canva and replace the areas to your taste. Always use your creativity, especially if this means that you’re feeling like business cards should be different, as this may be the next million-dollar idea.
Sites like Etsy are the go-to shops for people that are looking to use AI to generate images and their creativity. This platform offers both customers and sellers a great space and alternatives.
Offering AI Consulting Services
This is more for people that have already been really involved in Artificial Intelligence topic for a while, as they might have a deep understanding of this technology, its business operations, and the ability to identify the unique needs of each client.
AI consulting services require a strong network of contacts in the industry. Building relationships with clients, industry leaders, and other AI consultants will always come in handy.
Choose a niche and specialize in it, and differentiate yourself from your competitors. Besides this, you will find this niche to be helpful as you will become an expert in that area and attract more clients that need your specific expertise.
The future correlation with Artificial Intelligence is evident; therefore, providing AI Consulting services will become necessary for small and large businesses. This field can be lucrative, but it requires specialized knowledge and experience.
Developing AI Apps
Another way to make money with AI is by developing applications for artificial intelligence for a wide range of industries, such as retail, finance, healthcare, and such.
There is such a wide market for bots that could possibly be very beneficial to different industries. For example, chatbots are already very useful in customer service as they can automate responses to common questions; this can help businesses reduce the number of support tickets they receive and improve their customer satisfaction.
Similarly, AI-powered fraud detection systems can be used in finance to identify fraudulent transactions and prevent financial losses. Even if you don’t have experience in application development but have ideas, you can hire someone from Fiverr with the skills and ability to bring your vision to life. Then, you can attract customers and generate revenue with the proper application or chatbot.
Providing SEO services
Let’s say you’re very interested in SEO and you have been actively learning about it. This is a great skill to learn as monetizing it can be very easy, but what makes SEO annoying is that you need SEO toolsets to perform better.
The downside to this is that you will have to convince your client that you’re good at what you’re doing, and in this case, you need to have numbers to back up your claim. But, in my opinion, this is one of the best ways to make money, as digital marketing is the future, and the earlier you start with it, the further you’ll go.
In conclusion, there are countless ways to make money with Artificial Intelligence, but most of us expect it to be easy and fast. Unfortunately, there is only one easy way to make money using these AI tools. I highly recommend using the “Free AI Content Detector” to provide services in Fiverr for small content writing companies to detect AI-generated content. Just copy + paste the text and let them know the percentage of their AI score.
All jokes aside, there are plenty of ways to make money with AI, but they still require a decent amount of time and persistence.