Artificial Intelligence (AI) is a transformative force reshaping industries and societies worldwide.
From automating tasks to revolutionizing decision-making processes, AI’s potential is boundless.
Let’s be clear—no magic AI tool deposits money into your account upon login. However, AI excels at augmenting the productivity of skilled individuals.
Therefore, when exploring ways to profit from AI, it’s essential to focus on AI applications that streamline tasks, enhance skills, reduce expenses, and unlock new avenues of opportunity.
In this post, we’ll discuss how to make money with AI, uncover strategies and tools that capitalize on AI’s disruptive potential.
So, without any further ado, let’s get started.
1 Ways to Make Money With AI
Let us now discuss the various ways to make money with AI.
1.1 Use Print On Demand
You can sell artwork such as customizable mugs, t-shirts, posters, and phone cases on Etsy using the print-on-demand technique.
Print on demand (POD) is a business model where products are printed or manufactured only after an order is received, eliminating the need for inventory management and reducing upfront costs.
You can create your own designs using online design tools like Midjourney or upload your own artwork, logos, or graphics. Alternatively, you can choose from a library of pre-designed templates offered by the platform.
Once the order is placed, the POD platform’s production facility prints the design onto the selected product using digital printing technology.
After passing quality control, the product is packaged and shipped directly to the customer. The POD platform handles all aspects of fulfillment, including shipping and customer service.
Payment is processed upon successful delivery, with revenue disbursed to the seller after deducting any applicable fees.
This model eliminates the need for inventory management and allows for personalized products without upfront costs, making it an attractive option for e-commerce entrepreneurs.
1.2 Restore Old Images
You can offer specialized image restoration services to individuals, families, and archives seeking to revive old photographs.
Using AI-powered tools and software, you can repair cracks, tears, stains, and color fading, restoring images to their original clarity and vibrancy.
You can check Fiverr or Etsy websites and find people providing such services. You can use tools like MyHeritage, VanceAI, and Repairit to repair the photos quickly.
By capitalizing on AI technology to restore old images, you can tap into a growing market for preservation and restoration services, catering to the needs of individuals, organizations, and institutions seeking to safeguard their visual heritage for generations to come.
1.3 Start an Affiliate Blog
Affiliate marketing is the most common technique for making money, and it’s much easier with AI.
You can get started with affiliate marketing by joining as an affiliate for a business or service and promoting their products or services in exchange for a commission on sales or leads generated through the affiliate’s promotional efforts.
You’ll typically receive unique tracking links or codes from the merchants you partner with. You can use these to promote products through various online channels, such as websites, blogs, social media, email newsletters, or online advertising.
You can use ChatGPT or Google Gemini to perform keyword research. Rank Math’s Content AI will also help you write optimized articles for your website with just a few clicks.
When a user clicks on an affiliate link and makes a purchase or completes a desired action, such as signing up for a free trial, you’ll earn a commission on the referral.
Affiliate marketing offers several benefits, including low risk for merchants, cost-effectiveness for affiliates, scalability for both parties and a performance-driven model based on measurable outcomes.
1.4 Create Tools for Small Companies
Starting a business can feel exhausting, especially when you lack patience or guidance.
But what if you could develop your own app instead?
Building your app offers a single venture where you can assess your innovation skills firsthand. Many apps today leverage artificial intelligence tools, providing ample assistance in referencing and refining your app. Additionally, you can monetize your app by offering premium subscriptions for certain services or selling ad space.
You can use tools like tldraw to create tools for small-scale companies.
1.5 Be a Copywriter
According to studies, the global market for copywriting services is expected to grow steadily, with a projected compound annual growth rate (CAGR) of 7.6%. It is anticipated to reach approximately $42.22 billion by 2030.
AI can significantly speed up the content creation process, allowing copywriters to produce high-quality content more quickly and efficiently. By automating repetitive tasks such as research, outlining, and drafting, AI frees up time for copywriters to focus on creativity and strategic thinking.
Tools like Rank Math’s Content AI can help to create amazing, high-quality copies.
You can utilize the AIDA copywriting formula to create your copywriting copy. Refer to our dedicated video tutorial on using the AIDA framework and making money with AI.
1.6 Create Short Videos
You can make money with AI by creating short videos for platforms like YouTube, TikTok, etc.
AI-powered tools like invideo AI assist in generating video content by automating tasks such as video editing, scriptwriting, and voiceover generation.
You can begin by selecting from various professionally designed templates tailored to various purposes. These templates can then be customized with text, images, videos, and music to align with branding and messaging.
Invideo provides options for special effects, animations, and transitions to enhance the video’s visual appeal.
After previewing and finalizing the video, you can easily publish it directly on social media platforms or download it to share across other channels.
1.7 Write Essay as a Service
Providing essay writing services with the assistance of AI is a viable opportunity to monetize expertise and technology.
Websites like EssayPro, EssayService, Trust My Paper, etc offer such services. The platform’s AI-driven algorithm analyzes the client’s requirements and matches them with the most suitable writer from their **** of experienced professionals. Factors such as expertise, academic background, and availability are considered in the matching process.
You can use these platforms to offer a convenient and reliable solution for audiences seeking assistance with their writing assignments while maintaining academic integrity and quality standards.
AI-powered plagiarism detection tools can scan the content for plagiarism and ensure that the final deliverables meet high standards of integrity and authenticity.
1.8 Sell AI Videos on Royalty-Free Sites
To earn money on royalty-free sites like Adobe Stock, Getty Images, Freepik, and 123RF accept AI-generated content. They focus on creating content audiences desire, like images or videos suitable for incorporation into their projects, such as YouTube videos.
Start by signing up as a contributor on platforms like Freepik. These platforms often provide research tools, such as search trends, revealing what users seek. Use this data to guide your content creation efforts effectively.
You can create videos using tools like Pika and make money based on the search trends.
2 Conclusion
The opportunities to make money with AI are vast and continually expanding.
The potential for financial gain in the AI space is significant, from leveraging AI-powered tools to streamline processes and enhance productivity to offering AI-driven services and solutions.
Whether through creating AI-powered products, offering AI-driven services, or monetizing AI-generated content, the possibilities to make money with AI are limited only by one’s imagination and entrepreneurial spirit.
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