Have you ever wondered about the practical ways to use AI bots to make money? In this article, we’re going to cover several legal, doable, and effective options for earning income.
Using chatbots for affiliate marketing, sponsored advertising, pay-per-click advertising, selling to other businesses, and more.
Keep reading to learn more about the legal ways you can make real income off of your AI bots. We’ll be discussing the above methods and introducing other ways. Stick around to the end to get answers to some frequently asked questions!
Table of Contents
- Earning Money with AI Bots
- Affiliate Marketing
- Sponsored Advertising
- PPC Advertising
- Selling Bots to Businesses
- Selling Bot Survey Results to Companies
- Final Thoughts
Earning Money with AI Bots
There are practical ways to use artificial intelligence bots (chatbots) to earn income that is not spammy or, worse – illegal. The following methods are some of the most common ways chatbot creators and owners make side income, or active income, from their assets.
Remember that these different methods will generate different income levels and fluctuate depending on how proactive and dedicated you are in selling your bot services. To make these processes work, you’ll need to be willing to invest some time and energy. After all, if you expect to earn income, you must treat this like a job.
- Affiliate Marketing
- Sponsored Advertising
- PPC Advertising
- Selling Bots to Businesses
- Selling Bot Survey Results to Companies
Affiliate Marketing
Using your AI bots for affiliate marketing earnings is one of the most practical and popular ways to do so. Here’s how it works in a nutshell. Let’s say you have created a chatbot for a business to use to interact with customers on their website. You can offer the option for the chatbot to present affiliate links to products when conversing with customers.
If the customer clicks on that affiliate link and ends up buying the product, you would get a cut of the profit as a part of the affiliate deal with the company.
Even if the customer doesn’t follow the link and purchase the item at that moment, they will at least be aware of the assistance they can get with the chatbot. Later, they might return, request information from the bot about the product again, and eventually make the purchase.
Sponsored Advertising
Advertisements are another great way to utilize AI bots for cash. Sponsored advertising, particularly, is when a website features ads that blend in with the page and are based on keywords and terms.
You can make money on sponsored ads with a chatbot if you get a company to feature your chatbot on their homepage. Let’s say your bot is embedded on their web page to provide immediate customer assistance. There are ways to have sponsored advertisements pop up around the chat box to expose to customers right away.
Essentially, you will make some passive income from the number of views these sponsored ads get over time.
PPC Advertising
PPC advertisements – also known as pay-per-click advertisements – are another way to earn from AI bot advertising. Similar to sponsored ads, these ads appear around an embedded AI bot on a company’s landing page.
When the customer interacts with your AI bot for assistance, they may click on these advertisements and navigate to product pages.
The part where you earn an income is when customers actually click on the ads. So, aside from companies paying you to use your bot on their site, you can also earn income by setting up advertisement deals.
PPC advertisements can earn anywhere between cents per click and a few dollars per click. It depends on the advertiser’s budget and the amount of active traffic on the business website you’re working with.
Selling Bots to Businesses
Another way that you can make upfront income from your AI bot(s) is to sell them to a company that needs them simply. Businesses are willing to pay good money for high-quality chatbots that can do many of their customer assistance tasks for them in lieu of paying another employee.
It’s useful for both parties involved, as the company can save significant money on their business expenses. And you can make a profit from the creation of your bot in the process. Additionally, you can profit further down the line if the company requests any added bot features from you.
Moreover, you don’t have to stop with just one company. You can actually profit off of multiple companies by creating a bot and then modifying it to each company’s specifications.
This is by far one of the coolest ways to earn income from your AI bots.
Selling Bot Survey Results to Companies
Another extension of selling your AI bots is to sell the services of your AI bots without giving away the bot to someone else. Surveys are a great way to get into this income arena.
Here’s how it works: you use your chatbots to conduct surveys among clients and potential clients of a business. You can discover and gather valuable information in the process, which the businesses involved will pay you good money for.
Sometimes this is set up as an upfront cost where you embed your bot on the company’s landing page, where the surveys will get conducted. Other times it may be set up as a commission-based earning system where you make money each time the surveys occur.
Final Thoughts
If you are getting started learning how to use AI bots to make money, hopefully, our guide to practical methods has been helpful for you. There are plenty of legal and simple ways to make commissions and one-off earnings from your bots after you create them.
You can make passive and active income in this field from affiliate marketing to survey commissions, selling the bots outright, pay-per-click advertisements, and sponsored advertisements. Make sure to consider your options and be diligent with offering your AI bot services to interested companies.
