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ChatGPT is creating new opportunities for entrepreneurs to make money. Discover business ideas to consider, plus tips to help you start a new ChatGPT business.
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Natural language processing tools like ChatGPT are generating both excitement and anxiety in the business world. ChatGPT’s ability to create convincingly human-like language is leading some business owners to celebrate potential gains in efficiency, while others worry the technology will render entire industries obsolete.
But when it comes to AI, a human touch is still necessary.
“You need to be aware of what, as a human, you are injecting into a concept that’s unique to you,” Maryam Haghighi, director of data science at the Bank of Canada, says on the Shopify Masters podcast. “What creative, innovative part are you bringing to the picture that cannot easily be replaced by a machine?”
Entrepreneurs who combine human intelligence with the power of AI tools can position themselves for success in this changing business landscape. These business ideas can help you start making money with ChatGPT now.
Table of contents
AI technology is changing what businesses need, who they employ, and how they pursue their long-term goals—all of which create new business opportunities for entrepreneurs. Here are ChatGPT business ideasto help you capitalize on emerging market trends in today’s rapidly changing business world:
Content marketing is a digital marketing tactic that involves creating and publishing content to reach new customers and build their trust. Many businesses regularly create and publish blogs or articles relevant to their target audience’s interests as part of a broader content marketing strategy.
You can start a successful business helping clients develop and refine their content marketing strategies using ChatGPT to quickly create high-quality content around specific subjects or keywords. As the ChatGPT content marketing expert, you’re responsible for developing ChatGPT prompts, managing the content creation process, and ensuring that AI-generated content meets client needs. You can also help businesses develop content calendars and support the publication process.
Use ChatGPT to help business owners develop strategies and create email campaign content. You can edit content, design emails, assist with content distribution, and help your clients identify key performance indicators (KPIs) to measure success.
ChatGPT can create high-quality social media posts and ads, but that doesn’t mean businesses no longer need a human touch.
Companies need human specialists to develop a social media strategy, create ChatGPT prompts, perform quality control, schedule content for publication, respond to messages, and ensure the content displays as intended.
If you have editing skills and a strong grasp of social media platforms, you can offer management services to small businesses and individual clients who want to outsource their social media marketing activities. You can also upgrade to ChatGPT Plus to generate images for posts with DALL-E.
Search engine optimization (SEO) enhances a website’s content and structure to improve its visibility and ranking in search engine results. You can use ChatGPT to provide SEO strategy and implementation services.
ChatGPT can help you set goals, conduct keyword research, generate content, and analyze search engine data to identify the latest trends in search.
Doing business involves a lot of communication. Prompt and personal replies can help brands build relationships and boost customer satisfaction.
Use ChatGPT to create personalized messages and help companies provide helpful, thorough responses to texts, emails, and comments on social media platforms.
ChatGPT can help you create static web content for a website’s homepage, About page, and product pages—particularly ecommerce product descriptions.
Ecommerce business owners need a persuasive, keyword-optimized product description for every item in their store. Those that sell in multiple marketplaces may need many versions to satisfy various requirements and target specific audience subsets. This can be a lot of work for business owners—and a promising new business idea for entrepreneurs.
For example, you might ask ChatGPT to create a product description for a monogrammed towel with the keyword “luxury gift” and create additional versions targeting specific groups, such as men between 25 and 45.
Because ChatGPT can generate content quickly, you can also help businesses efficiently update their content based on seasonal shopping needs or emerging trends. For example, you might ask ChatGPT to create two descriptions positioning the towel as a Valentine’s Day and Mother’s Day gift, respectively.
ChatGPT can translate content into multiple languages, enabling businesses selling in other countries or multilingual markets to engage customers in their preferred language. If you have proficiency in multiple languages, consider starting a ChatGPT translation business, using the tool to translate content and review translations for accuracy and idiomatic usage.
Grow your translation business by hiring editors who know languages you don’t speak. If you only speak one language, that doesn’t mean you’re out of the translation game. English speakers can market themselves as experts in editing and proofreading content that AI tools translate into English.
ChatGPT can make mistakes, and many businesses also need help adapting AI content to reflect their unique brand voice. If you have a talent and passion for writing, you can earn money with a ChatGPT editing business. Instead of focusing on a particular marketing tactic (such as creating product descriptions or sales copy), position yourself as an expert in revising content generated by AI tools and ensuring error-free, brand-aligned copy.
Start a business helping companies use ChatGPT to save time, reach new clients, and improve the customer experience. As a ChatGPT consultant, you learn about your client’s business model, immediate needs, and long-term goals. You then use your AI expertise to identify ways the business can use ChatGPT to support its workflows.
You can also assist in implementation and offer ChatGPT training to employees.
Starting a ChatGPT business requires relatively little upfront financial investment and planning, meaning you can take your new business to market quickly. Here are a few simple tips to help you plan, launch, and operate a successful business using ChatGPT:
Successful entrepreneurs plan ahead, even when startup costs are low. Creating a business plan can help you clarify your goals, define your unique value propositions, and manage your finances. Take this time to understand the competition and how to price your services.
Defining your target audience can help you refine your marketing strategy and guide your customer acquisition efforts. Depending on your business model, you might target small businesses, large firms, or even private individuals.
In addition to reviewing the market and competitor research, ask yourself how emerging technology is changing the target audience for your products or services. For example,
large companies may look to ChatGPT businesses to perform tasks historically done by employees.
At the same time, ChatGPT can potentially reduce the cost of services like message response and social media management, making them affordable for micro-businesses and individuals.
Once you’re up and running, market your business to grow your client base. Use an ecommerce platform to develop an online presence for your company and employ strategies like social media marketing, email marketing, and digital advertising to attract more clients.
You might also consider starting a referral program, a marketing strategy encouraging your current customers to spread the word about your business. Referral programs can be particularly effective in B2B spaces where business owners tend to know each other. Recommendations can go a long way when choosing a service provider.
Let Shopify Magic write product descriptions for you
Ever wished a product description could just write itself? With Shopify Magic—Shopify’s artificial intelligence tools designed for commerce—it can. Create product descriptions in seconds and get your products in front of shoppers faster than ever.
Here are nine ChatGPT business examples to consider:
1. Content marketing
2. Email marketing
3. Social media management
4. Search engine optimization
5. Message response
6. Product description
7. Translation
8. ChatGPT editing
9. ChatGPT consulting
Yes. You can make money using ChatGPT to create content or offer your services as a ChatGPT editor or consultant.
Here’s how to start a ChatGPT business:
1. Conduct market research.
2. Define your unique value proposition.
3. Create a business plan.
4. Identify your target audiences.
5. Launch your business website.
6. Market your business.
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