How to Monetise GPTs in ChatGPT TODAY! (5 Examples)

GPDS Monetization Opportunities

In this section, the speaker discusses various ways to monetize GPT models and explores opportunities beyond the GPD store.

Monetizing with Merchandise Sales

• Sticker Mule offers an example of monetizing GPTs through merchandise sales.

• Users can request custom designs from a GPT model and order stickers based on those designs.

• Sticker Mule has a referral program that allows users to earn credits for referring others.

Setting up a Teespring Store

• Teespring is another platform where GPT owners can set up their own stores.

• Teespring handles production, shipping, and customer service while the owner earns profits.

• Integration with chat GPT and Zapier can create a more advanced custom store experience.

Tip Jars as Revenue Source

• Grimoire GPT demonstrates the potential of tip jars as a revenue source.

• A tip jar linked to Stripe has already generated $43 in donations for Grimoire GPT.

• Stackable monetization techniques like tip jars can supplement revenue from the GPD store.

Using Platforms like Buy Me a Coffee or Patreon

• Buy Me a Coffee provides an easy way to set up tip jar links without technical expertise.

• Over 300,000 creators are using Buy Me a Coffee, earning six figures through donations.

• Patreon offers opportunities for exclusive content subscriptions, suitable for strong brand or community-focused GPTs.

Consultation Calls for Revenue Generation

• The speaker personally experiments with monetizing through consultation calls using their own GPT model called "GPT Idea Evaluator."

• After evaluating ideas, users are offered options to share the model, donate via Buy Me a Coffee, or book consultation calls at $49 per 30-minute session.

• This approach can be applied to various coaching, mentoring, or consulting services.

Conclusion and Potential of GPT Monetization

The speaker concludes that once an audience or user base is built, there are opportunities to monetize GPT models. Tip jars, consultation calls, merchandise sales, and platforms like Buy Me a Coffee or Patreon can all contribute to revenue generation. The potential for monetization in the GPT space is comparable to platforms like YouTube and social media.

Timestamps provided are approximate and may not be exact due to differences in transcription and video length.

Appointment Scheduling Software

In this section, the speaker discusses appointment scheduling software and how to set it up.

Setting Up Event Types

• The speaker mentions using appointment scheduling software that allows users to sign up for free using Google.

• Users can create event types, such as 30-minute or 60-minute meetings.

• The free plan includes one event type.

Integrating with Calendar and Video Conferencing

• Users can integrate their calendar with the appointment scheduling software by going into the "Integrations" section.

• Google Calendar and Google Meet are mentioned as options for scheduling and video conferencing, both of which are free to use.

Customizing Event Details

• Users can edit event types to specify details like duration (30 or 60 minutes) and location.

• A description of the consultation call can be added to provide clarity for people booking appointments.

Setting Available Hours and Collecting Information

• Users can select their available hours to avoid receiving calls at inconvenient times.

• Certain days can be canceled if no calls should be taken on those days.

• Information collection on the booking page can be customized.

• A reminder email can be set up 24 hours before the event.

Upgrading for Payment Collection

• To collect payments, users need to upgrade their plan.

• The "Booking Page Options" allow adding a payment form, which supports services like Stripe or PayPal.

• Payments may incur a small commission fee based on the service used.

Monetizing GPTs with Consultation Calls

This section explores monetizing GPTs through consultation calls.

Collecting Payments for Consultation Calls

• Upgrading the appointment scheduling software allows users to collect payments for consultation calls.

• The speaker mentions paying $12 per month for this feature in their experiment.

Monetizing GPTs with Affiliate Links

This section discusses monetizing GPTs through affiliate links.

Introduction to Affiliate Marketing

• Affiliate marketing is explained as a way to earn commissions by promoting products or services.

• It is highlighted that affiliate marketing is a proven method for making money online.

Promoting Related Products

• The speaker gives an example of a GPT providing dating tips and recommending a service for improving profile pictures.

• Affiliates can promote related products in their content, such as physical products, software, or online courses.

Monetizing GPTs with Sponsorships

This section explores monetizing GPTs through sponsorships.

Leveraging Sponsorships

• Sponsorships are mentioned as a common way to monetize content on platforms like YouTube, TikTok, Instagram, Twitter, and newsletters.

• Content creators receive payment for mentioning or promoting links or products in their content.

Aligning Content with Relevant Products

• To make money with sponsorships, the content should be closely related to the product being promoted.

• Examples include promoting YouTube conferences, coaches, or software for YouTubers using a research assistant GPT.

Conclusion

The speaker concludes by summarizing the five ways to monetize GPTs discussed in the video: appointment scheduling software, consultation calls, affiliate links, sponsorships. They mention that there are more possibilities beyond the OpenAI GPT store and hint at future topics like ads.