How to Make Money with ChatGPT
ChatGPT is undoubtedly one of the most interesting and powerful marketing tools ever developed.
Whether you’re interested in blogging, content marketing, influencer marketing, or any kind of written content, knowing how to make money with ChatGPT can streamline your creative process and boost your revenue.
However, if you’re new to the world of making money online, you may be unsure of where to start.
We want to help you get the most out of ChatGPT, so we’ve created this guide.
In it, we’ve included:
- The details of what ChatGPT is and what it’s doing.
- A simple guide for creating monetizable written content from scratch.
- An overview of RevenueEngine’s Chrome browser extension and how to use it in tandem with ChatGPT to maximize your revenue stream.
Before you can dive in, you’ll want to get your bearings. Let’s start with a quick overview of how ChatGPT functions so you can use it like a professional.
A Brief Overview of ChatGPT
ChatGPT is a large language model (LLM). To oversimplify, an LLM is an algorithm that analyzes the meaning of a user’s input (called a prompt) and generates words, sentences, and paragraphs to satisfy the prompt's intent.
The responses that ChatGPT comes up with result from training on large data sets. The process looks like this:
- ChatGPT is shown many examples of human-generated writing (known as a data set).
- Chat GPT learns to mimic these human writing samples and create samples of its own.
- Human operators spend time creating inputs and then judging ChatGPT's output for accuracy and relevance.
- Over time and through much trial and error, the model sharpens its understanding of the meaning of every word and sentence in its data set.
For now, anyone interested in making money with ChatGPT needs to understand its strengths and weaknesses.
What ChatGPT Does Best
Today’s versions of ChatGPT excel at:
- Judging the intent of detailed prompts, especially within the first 4-5 messages.
- Producing well-structured and adequately written content about any subject within its data set.
- Learning from impromptu data sets (for example, a PDF that the prompter uploads) and generating useful responses, especially within the first 4-5 messages.
- Modifying outputs based on precise directions.
These strengths make ChatGPT a perfect helper for anyone interested in creating or editing written content, generating image prompts for other AI tools, and summarizing information from other sources.
How to Make Money with ChatGPT In 4 Steps
If you’re brand new to creating content, you can follow these 4 steps to create high-quality monetizable written content starting today:
Step 1: Brainstorming
Start with a subject you’re interested in and ask ChatGPT to generate some article ideas based on that subject.
Simple, ever-green articles that generate tons of revenue include:
- Product Reviews
- Brand and Product Comparisons
- Tutorials and in-depth Explainers
Make sure that whatever subject you choose, there’s plenty of ways to reference real-life product examples. This will be important later when it comes time to monetize.
Step 2: Research
ChatGPT is great at taking complex or wide-ranging subjects and distilling them into simple, bite-sized information.
You can ask ChatGPT to directly explain products and brands to you. But remember that its information is limited by its dataset, which is only updated every so often.
You can also ask ChatGPT to recommend resources and other websites that will help you research on your own.
Step 3: Writing
Once you’re happy with your research, you can ask ChatGPT to start writing.
At this stage, it’s useful to start a brand new chat. Start by pasting your research into the chat, then prompt ChatGPT to create the article you had in mind.
Remember to be specific: detail exactly what you’re looking for in terms of:
- Length
- Style
- Tone
- Intro
- Body
- Conclusion
- Any other details you think are relevant.
Step 4: Monetization
Monetization is the most important aspect to study if you’re learning how to make money with ChatGPT.
You’ll want to find affiliate programs related to the brands and products mentioned in your piece. Then, you’ll need to apply to each affiliate program individually. Once you’ve got your affiliate links, you can start the process of inserting those links into your piece.
Since monetization is the name of the game, it’s useful to have some shortcuts. That’s where Revenue Engine can make this step considerably easier.
How to Make Money with ChatGPT Easier Using RevenueEngine’s Chrome Browser Extension
Every step of the creation and monetization process can be made simpler with RevenueEngine’s Chrome browser extension.
Completing Steps 1 through 4 in Minutes
The extension automatically collects information like product summaries and affiliate links from eligible websites.
That means all you need to do is find a product you want to create an article about, select them into a list using the extension, and then prompt the built-in AI article generator. The AI will turn those product summaries into monetizable written content.
Within minutes, you can go from a list of eligible products to a full-fledged comparison or review list.
Best of all, the affiliate links you need to monetize your content are automatically embedded into your piece.
Saving Time on Monetizing Your Content
Monetizing content is often the most difficult and time-consuming process. There’s even a risk that you could go through the trouble of writing an entire article and then fail to locate a suitable affiliate marketing program to promote your piece.
All of that can be avoided with RevenueEngine’s Chrome browser extension.
Our extension gives you automatic access to thousands of affiliate programs you don't have to apply to. That means you can refocus your efforts on what interests you most: creating quality content and making money using AI.
Try RevenueEngine’s Free Chrome Browser Extension Today
Learning how to make money with Chat GPT is a powerful option for anyone interested in opening a new revenue stream and achieving their financial goals.
Once you understand Chat GPT's inner workings, you’ll know how to get the most out of it. Everything from brainstorming article ideas to researching and writing can be simplified.
For those looking to take their revenue stream to the next level, RevenueEngine’s free Chrome browser extension can streamline your creative process and instantly access thousands of affiliate programs.
All you have to do is sign up for RevenueEngine and then add our browser extension to Chrome. Then, you’re ready to get started creating articles with monetized links already embedded within minutes.