How to Make Money Selling GPTs on OpenAI's New Store

Discover the step-by-step guide to monetize your GPT model and explore the possibilities of OpenAI’s Custom ChatGPT Store.

Are you eager to turn your homemade custom GPT into a profitable side hustle? OpenAI’s GPT store provides an enticing opportunity for tech enthusiasts to monetize their unique GPT models. In this comprehensive guide, we will walk you through the process of creating and selling your GPT on OpenAI’s new store. No coding skills are required — all you need is an original idea to start making real profits on the digital storefront. Act quickly, as the ChatGPT store is gaining online attention, and it’s advisable to join before it becomes saturated with AI agent imitations. Let’s dive in and explore the exciting world of personalized AI and the potential it holds for your financial success.

What is OpenAI’s Custom ChatGPT Store?

OpenAI’s GPT store marks the debut of a groundbreaking AI marketplace. Initially slated for late 2023, the store empowers ChatGPT Plus and Enterprise customers to create, share, and monetize their unique GPT models. Leveraging the power of the GPT-4 large language model, this store opens up new possibilities for personalized AI.

Read: How to Create a PowerPoint Presentation Using ChatGPT

Since its launch in November 2022, ChatGPT has been actively used by users to generate income. The new store gives users their first opportunity to make money effortlessly by showcasing their creations on OpenAI’s marketplace. It’s important to note that OpenAI’s GPT-maker faced controversy in November when a security flaw was exposed, allowing users to easily pilfer the build code supporting publicly available custom GPTs. This serves as a cautionary note for those utilizing the builder.

Unlocking Earnings with Your Personal GPT

If you’re eager to monetize your GPT model and start earning, follow these step-by-step instructions:

1. Build Your GPT

The first step in creating and selling your GPT is subscribing to ChatGPT Plus or Enterprise. If you haven’t done so already, sign up for a ChatGPT Plus account priced at $20 per month. Enterprise account holders can also create a custom model, but pricing details must be obtained by contacting sales. After signing up, log in to your account and start creating your GPT.

2. Begin the Creation Process

Navigate to the homepage and select “Create a GPT.” You’ll be directed to a page featuring an open chat with ChatGPT and a configuration menu on the left. On the right, use the site’s “playground” view to preview your chatbot.

3. Define a Specialized Focus

To make your GPT stand out, identify a unique purpose for it. Your creativity sets the bounds, whether it’s for practical applications like SEO assistance and meal planning or unconventional ideas such as BadRecipe GPT — a custom model aimed at generating amusingly bad recipes to deter diners. While OpenAI’s marketplace already boasts thousands of GPTs, exploring an undersaturated niche or infusing a creative twist into a familiar concept is advisable.

4. Title Your GPT

Once you’ve conceptualized your idea, give your GPT a name. This name will serve as the display title for your AI model. Strive for a descriptive and attention-grabbing name that reflects the unique selling point of your GPT.

Read: How To Create HTML5 Games with ChatGPT in Minutes

5. Provide Guidance and Samples

To operationalize your idea effectively, provide explicit instructions for your GPT. You can input custom instructions or select predefined options from the dropdown menu. For optimal outcomes, these guidelines should be thorough, specifying the main function, preferred response style, and language preference for your GPT. Additionally, include examples of text you desire your model to produce. The more context you incorporate at this stage, the more refined the results will be.

6. Validate Your Model

Proceed to test your personalized model by switching to the Preview panel and engaging with your chatbot. Pose challenging questions to assess its capabilities and identify any knowledge gaps. Utilize the responses for troubleshooting and refining the model until you are satisfied with the outcomes. Once everything is in order, it’s time to make your GPT live.

7. Release Your Chatbot

Once you are content with your modifications, choose “Publish” to create your chatbot or “Update” if the model is already live. Confirm the changes to complete the project, and you’ll receive a link to share with others.

8. Share it with the Public

To make your GPT available in the store, review OpenAI’s updated usage policies and GPT brand guidelines. Confirm your builder profile by going to settings > builder profile > enable your name or a verified website. Set your GPT to “Public” to display it on OpenAI’s digital store.

9. Allow the GPT Store to Perform

Once your model is active on OpenAI’s upcoming GPT store, you can effortlessly generate income as users purchase and share your customized creation. It will be searchable on OpenAI’s app marketplace, providing another way to earn passively. However, it’s recommended to actively promote the app to increase its visibility and fully capitalize on its revenue-generating potential.

10. Generate Content with Your GPT

In addition to making your app publicly accessible, there’s an extra opportunity for income through your personalized GPT. Depending on your model’s purpose, utilize it to create impactful and profitable content, including marketing copy, social media posts, and e-books. For a more exclusive approach, consider charging users for personalized responses, particularly effective if your chatbot incorporates OpenAI’s text-to-image creator DALL-E to generate custom images. While this method is more challenging than app store monetization, it can yield significant returns, especially for unique ideas.

Read: How to Connect ChatGPT to Google Drive for AI-Assisted File Management

Conclusion

OpenAI’s Custom ChatGPT Store presents an exciting opportunity for tech enthusiasts to monetize their GPT models. Following the step-by-step guide outlined in this article, you can create, share, and sell your unique AI creation within OpenAI’s marketplace. Remember to explore undersaturated niches, provide clear instructions, and actively promote your GPT to maximize its potential for generating revenue. Embrace the world of personalized AI and unleash your creativity to start making money selling GPTs on OpenAI’s new store.

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Additional Information: The GPT store is scheduled to empower users to create, share, and monetize their unique GPT models. It offers an opportunity for passive income through the sale and sharing of custom AI creations. The marketplace is expected to attract significant attention.