How to Make Money with AI in 2024: 15 Proven Strategies & Top AI Tools

How to Make Money with AI in 2024: 15 Proven Strategies & Top AI Tools

Facebook
Twitter
LinkedIn
How to Make Money with AI in 2024 | Income Intelligence

Table of Contents

A business or freelancer using AI can earn a lot each month. They can do this with low costs. When leveraging AI, businesses can achieve immense profit potential through careful planning. We’ve compiled a list of innovative ways to make money with AI. It uses advanced AI tools, beyond the typical suggestions you may have seen. These opportunities are not just rehashed ChatGPT tips. They are real business and side gig ideas. You can put them in place now to create value and revenue. Our guide shows how AI can boost your finances. It has practical tips for expanding your business or finding new income streams.

AI tools won’t generate income by logging in. They can boost your productivity if you have the right skills. To make money with AI, focus on apps that save time, boost skills, cut costs, and create new opportunities. Using AI in your workflow can boost your efficiency. It will help you work smarter, maximizing profit and growth.
Let’s explore these AI-driven money-making strategies. You’ll soon earn your first income from AI-enhanced activities.

15 innovative methods to generate income using AI technology

We have compiled 15 strategies to help you generate income with AI. All you need is the right AI tool and a bit of creativity. These opportunities are ideal for anyone interested in making legitimate money online. Even if you don’t turn them into a business, mastering these AI apps can boost your productivity.

1. Use AI to optimize and manage paid advertising campaigns.

Digital marketing requires a mix of skills. It also needs a deep knowledge of various platforms, channels, and strategies. It’s a complex field. It involves understanding how these elements work together to create successful campaigns.

AI marketing tools can streamline tasks and develop campaigns. They can also analyze performance and refine strategies using predictive analytics.

AI-Enhanced Social Media Advertising

Advertising on social platforms means running campaigns on Facebook, Instagram, and Twitter. The goal is to connect with specific audiences. AI streamlines this by automating ad delivery and optimizing placement to boost engagement. Tools like Adzooma use AI to analyze ad performance and target them better. Lately and Pencil use data to create engaging ad content. Despite these gains, human creativity and strategy are still key to the best results.

This opportunity is very profitable. Businesses want to connect with their target audience and boost sales. Many small business owners know advertising is important. But, they lack the time to master the required skills and technologies.

Search Advertising with AI

Search advertising involves placing ads in search engine results. It targets users based on their queries. AI simplifies this by automating keyword selection and bid optimization. Tools like WordStream, Acquisio, and Optmyzr use AI. They analyze keywords, optimize bids, and predict ad performance. This improves the efficiency and cost of ad campaigns. Additionally, AI personalizes ads according to user search behavior, increasing relevance. Yet, we must track and adjust the AI tools on an ongoing basis. They need to adapt to changing market trends and search engine updates.

2. Generate income as a CRM and sales consultant.

Sales operations often include repetitive tasks, like lead management and sales tracking. They can waste time better spent on building relationships and closing deals. This is a great chance to start a consulting business that combines AI and CRM solutions. By specializing in this area, you can streamline complex processes. You can also profit from the demand for efficiency.

Set Up and Automate CRM Processes

CRM tools are essential for many businesses. They help them stay organized and engage with customers. Without a well-structured CRM, companies can struggle to manage customer interactions and data. A poorly implemented CRM that has disorganized data can result in significant damage. Businesses often need expert help to navigate complex technology. This is true for eCommerce, sales, and email marketing.

Many businesses are unaware of the AI tools they can use. Those who are often struggle to integrate them into their sales processes. By mastering a specific CRM and an AI tool, you can offer a premium service. Businesses seek expert guidance and tech support.

This is a valuable opportunity. Businesses want to boost sales efficiency. They need a trusted expert to guide them in tech and strategy. Specialize as an integration expert with tools like ActivePieces or Make. They now use AI from OpenAI and Anthropic. You can help companies improve their workflows with AI-driven insights and decisions.

3. Freelance as a photo editor.

Professional photo editing is a detailed, precise process. It requires expertise in various tools and techniques. It includes tasks like color correction, lighting, and removing unwanted elements. These can be time-consuming, depending on the image’s complexity and the detail needed.

AI photo enhancers like Topaz Photo AI, Photoshop, and Luminar can speed up editing. These tools enhance colors, adjust lighting, and remove unwanted elements. They also use AI upscaling to enhance low-quality images. This lets you edit more photos faster while keeping high standards. Bulk editing lets you apply the same styles to many images in a short amount of time.

Collaborate with photographers.

Photographers often seek skilled image editors to manage their high-volume photo editing needs. This collaboration lets photographers focus on what they love: shooting and client work. It leaves the editing to professionals who can enhance the final images in a short amount of time.

Basic AI prompts won’t meet photographers’ needs. They need editors who can adapt to different styles for various clients. To keep getting work from photographers, I must master AI photo editing. Many AI tools are easy to use and adaptable. But starting with Adobe Lightroom is strongly advised. Its AI features are easy to use. They also manage intricate details. So, it’s ideal for honing your skills.

Edit product photos for e-commerce.

Editing product photos is a great opportunity. There is a high demand for quality images in eCommerce. It’s a competitive market. Captivating product photos are essential for grabbing attention and boosting sales. This type of editing requires a distinct skill set. But, AI tools can help. They can remove or replace backgrounds and enhance image quality. Photographers and graphic designers can use these tools. They will boost productivity and help them handle more clients. Even if you’re new to the field, it’s a great time to learn and take advantage of this growing market.

4. Offer consulting services as a data scientist.

Machine learning tools like ChatGPT are invaluable for data science and research. They excel at finding patterns in data. The ChatGPT Data Analyst plugin is essential. It simplifies data workflows. It has a Python interpreter for quick file conversion between TSV, YAML, CSV, and JSON. It can also make visualizations, run stats, and generate SQL tables and schemas from the file. It also detects errors in data files, identifying missing data or irregular characters. This efficiency cuts the time and effort needed for complex data tasks.

The real advantage of using AI here is its ability to run tasks in its Python environment. It can then export the results for use outside the platform. It allows data professionals to automate their workflows with reusable solutions. This, in turn, helps them complete tasks with a high level of efficiency. It may not seem glamorous. But, it’s a great way to earn money. You can use AI for data management and automation. It’s exciting and lucrative.

Data Analytics lets you fine-tune automated processes and scripts for your field. Focus on GIS/location data, technical SEO, and business intelligence. Also, consider medical, scientific, and eCommerce product databases. It will help you build a strong niche and streamline your work.

5. Offer AI chatbot solutions to businesses.

Customer service is vital for any people-focused business. But managing the high volume of inquiries can be overwhelming. AI chatbots are effective. They handle routine inquiries and free up time for complex customer needs.

AI chatbots provide 24/7 support. They handle customer inquiries and reduce business workloads. They can address common questions, assist with troubleshooting, and handle sales and bookings. This lets your clients focus on more complex issues.

There is a big opportunity in AI customer support software. Many businesses want to use it but lack the expertise to tool it. If you’re comfortable with AI, you can set up chatbots on various platforms. This involves three tasks. First, integrate the chatbot into websites. Second, create a knowledge base. Finally, train the AI to meet specific client needs. Tools like Chatbase, Tidio, Botsonic, and Botsify are great for building custom chatbots. They offer white-label options ideal for agencies and freelancers.

6. Develop apps with AI coding tools.

Creating a SaaS product requires an idea, design, coding, testing, and a launch. It can take months or even years to complete, depending on its complexity.

AI coding assistants like Copilot can speed up development. They suggest code in real time, automate tasks, and help debug. It’s impressive. You can add a comment, and Copilot generates the code step by step as you navigate.

This allows you to develop your product faster with fewer errors. Start by building a simple MVP (smallest viable product) and begin selling it to those who need it. Keeping your initial product straightforward maximizes the benefits of using AI. Indie dev Louis Pereira found success with AudioPen, an AI audio note-maker app. It inspired him. It became popular.

No-code platforms like Bubble and Directual are great for building low-code apps. You can use ChatGPT for guidance and troubleshooting. It will help you learn and create a useful app. If your app solves a specific problem, it can earn you recurring revenue. You can do this by growing a loyal subscriber base. With the rising demand for niche SaaS products, this is a lucrative opportunity. AI can boost productivity and speed up your product launch. So, it can help both new and experienced developers. AI and determination will amaze you with what you can achieve.

Freelance Coding If you are a great coder but don’t want to build your own AI app or startup, you can freelance. Freelancing lets you choose your expertise. A top way to boost your earnings is to package your coding skills into marketable services.

As a coding freelancer, you can select the tech stack and types of applications you
prefer to build. For instance, you could specialize in using React. You would develop front-end web apps for small businesses. After a few projects, you’ll be more efficient. You might then create a plugin to simplify implementation for future clients.

7. Oversee Social Media Brands

Many business owners find social media management overwhelming. It requires deep knowledge of the platforms, content creation, and community engagement. They prefer to run their businesses, not manage social media.

AI social media tools help small businesses manage their brand channels. They simplify creating and scheduling posts. These tools can handle inbox chats and analyze post performance. They enhance all aspects of social media management. They help you manage many brands with greater efficiency. This boosts your productivity and client base while helping them meet their goals. For a seamless experience, try tools like Ocoya to simplify your workflow.

Businesses and influencers must create compelling social media videos. But video editing can be hard due to the skills and time it demands. Tasks like trimming, adding effects, and syncing audio are tough. They often have a steep learning curve, making them hard for many. Before AI, these tasks were often outsourced to pros for high-quality results.

AI video editing tools speed up video creation. They help you make high-quality social media videos in a short amount of time. They can also shorten long content, like podcasts and hour-long videos, into clips for YouTube Shorts and Instagram Reels. Try using tools like FlexClip to see how AI simplifies various editing tasks.

8. Offer freelance music and audio editing services.

With the creator economy thriving, there are countless opportunities to get involved. AI tools provide many ways to monetize audio services. Use them to support YouTubers, podcasters, or musicians.

Create music and background tracks.

Not everyone has the skill to create music for videos, games, or other media. It’s a specialized task. AI tools like AIVA and Mubert can help. They can generate custom tracks in seconds, in various styles and moods. They help you experiment with musical ideas. They speed up composition. This makes music production more accessible. With these AI tools, you can start a music service business. You can reach a wider audience on platforms like Fiverr.

Audio editing for podcasters aims to perfect sound quality. This delivers a professional and engaging listening experience. AI tools like Descript and Resound simplify this. They have automatic transcription, voice cloning, and advanced audio enhancement. These tools can remove background noise, balance audio, and improve clarity. This lets podcasters focus on creativity and content.

Descript offers voice cloning, precise transcriptions, and simple audio editing. It helps creators produce content with greater efficiency. Transcriptions improve accessibility and SEO for podcasts and YouTube channels. Voice cloning lets creators make content without long recording sessions and editing. These AI tools let you help others achieve great results in their projects or businesses.

9. Provide AI translation services.

As businesses expand globally, the demand for translation services is growing. Human translation, however, can be costly and time-consuming, particularly for extensive text collections. AI translation tools are faster. They provide a solid base for human translators to refine. This saves time and resources.

If you speak many languages, you can improve translation. Use AI with human translators for a more accurate service. Use AI for initial translations. Then, refine them with your language skills. This gives clients a balanced approach. They want translations that are a combination of automated and manual processes. Tools like Copy.ai can streamline your workflow. Also, it’s good to know popular WordPress translation plugins.

10. Provide a range of SEO services.

SEO is about making a website more visible on search engines. It requires expertise in algorithms, content, and optimization techniques. Many businesses find it hard to do without full-time or contract help. It is a complex task.

AI SEO tools like Semrush, SurferSEO, and Ahrefs simplify complex SEO tasks. They handle keyword research, content optimization, link building, and technical SEO. They are not a quick solution. But they save time and improve efficiency. They significantly simplify an SEO specialist’s work.

There is a high demand for SEO services. But, there are few qualified experts. So, this is a great chance for entrepreneurs. AI tools can boost productivity. But, real success comes from testing and experience.

11. Provide writing services using AI tools.

Content creation is key for digital marketing. But it takes a lot of time and energy. It involves everything from brainstorming to publishing and analyzing results. Depending on the topic and scope, this process can take hours or even months. AI tools, like ChatGPT and Jasper AI, are now popular. They help speed up content production but have some limits. For those who can master these tools, they can speed up content creation.

Freelance Writing with AI is a chance for writers to earn online. They can do this through ghostwriting and freelance projects. Businesses want skilled writers to create high-quality blogs. This will boost their online presence. Platforms like LinkedIn, Fiverr, and Upwork are popular for finding writers. They can help brands stand out in competitive niches. Freelance writing is a popular way to earn money online. It has low entry barriers and minimal startup costs. Adding AI to your writing workflow can boost efficiency and improve content quality. It is an excellent addition to your freelance toolkit.

AI content writers can assist with many tasks. They can craft social media posts and produce detailed blogs and reports. Relying solely on AI to create all content for clients can damage your reputation. Incorporating AI throughout the writing process can enhance effectiveness. This approach is a boon for content creators and digital marketers. Businesses want new, engaging content. It improves search rankings and attracts audiences. It also builds authority. You have the potential to help businesses achieve these goals.

Copywriting with AI

Copywriting is a high-stakes, profitable field. But, it’s not for everyone, even with AI help. But, it’s possible to develop the needed skills and leverage AI in a way that maximizes its potential. Freelancers using AI can create great newsletters and sales-driven landing pages. Their work can boost revenue. Mastering cold email strategies with AI can also unlock valuable business opportunities. Companies are focusing more on personalized communication. So, copywriters skilled in using AI are well positioned to meet this demand.

Copywriting and content writing can be profitable careers or side gigs. You can succeed in online writing. Use AI tools well. Improve and stay professional. Recommended tools include Jasper, HoppyCopy, and Writesonic, but many others are also available. A unique niche to explore is helping people with their resumes and cover letters. You can use platforms like Resume.io to do this.

12. Start an AI-Enhanced Affiliate Marketing Business

Affiliate marketing is a way to earn commissions by promoting products. It has long been a profitable strategy for bloggers. Yet, the competition is fierce, and standing out can be difficult. AI can help with product selection, video creation, and email marketing. It can also automate internal links. It can provide an edge. With an affiliate website and an AI writer, you can leverage these tools to enhance your efforts. WordPress is a great platform for building your site. It has many plugins to support your affiliate marketing and streamline operations.

You would create high-quality reviews, comparisons, and how-to articles. They should highlight products your audience will value. Building a strong audience and SEO presence takes time, but it’s achievable in the right niches. With the current interest in AI, starting with AI chatbots could be a smart move. They are popular and help people save time. Affiliate marketing is profitable. But, it’s best to start it as a side hustle. With consistent effort, the right content can drive traffic. It can turn your website into a profitable income source.

13. Produce and Sell AI-Created Art

AI art is revolutionizing the industry, creating new opportunities and marketplaces. Artists invest a significant amount of time in developing and creating each piece. Yet, AI design tools now enable anyone to generate artwork in minutes. Platforms like ChatGPT’s DALL-E 3 allow for quick iteration. They can produce unique pieces faster than ever. It’s not easy. To create sought-after AI art, you must master prompt engineering. This is vital in a competitive market. Master this and find your niche. You can then succeed in selling AI art.

AI-Generated Stickers Use AI tools like Midjourney, Stable Diffusion, or DALL-E 3. They can create stunning images for physical stickers. These generators can create unique images from your descriptions. They work for both characters and animals. After creating the artwork, use a background remover, such as Adobe’s tool, to isolate the image. Then, print your designs using a service like Custom Stickers. Start selling your creations.

Use AI to create art for posters, tapestries, and decor. It can design stunning pieces for you. T-shirts may have printing limits. But, other formats can handle complex, colorful designs. Develop a sales strategy that will effectively market your creations.

Pro tip: Use AI art with a print-on-demand service like Printify. You can sell on your own site or on Etsy. This approach can yield higher profits than selling digital files alone. Be original and avoid using copyrighted content—create your own unique designs. This niche is competitive, especially with AI now. But a strong idea and good marketing can help you succeed.

14. Start a web design business.

A website is essential for building a brand and driving business. Companies must create and maintain effective sites to succeed. A well-designed website attracts visitors, engages them, and turns them into customers. This creates a demand for skilled professionals with the right tools.

We dedicate ourselves to improving the visual editing experience in WordPress. WordPress’s versatility allows users to build websites for any purpose or niche. Adding Divi as a theme builder makes it even more adaptable for designers.

We strongly recommend trying Divi AI. It adds powerful AI features to WordPress. They are for image editing, content writing, and website creation. If you want to create custom plugins, tools like WPTurbo or CodeWP can help. Even if you don’t prefer it, AI-driven design offers new opportunities. AI can create stunning visuals and write landing page copy. It can also simplify building a site from scratch. Explore AI WordPress plugins and website builders to streamline site creation and management. Check out our guides on using AI to create landing pages and build profitable websites.

15. Use AI for crypto trading.

AI enhances crypto trading by automating transactions, predicting market trends, and analyzing sentiment. AI trading bots can execute trades with speed and precision. But be aware of their limits and risks.

AI tools improve crypto trading. They analyze data to find patterns and make predictions. They automate trades based on set criteria, like price changes and market sentiment. They also use historical data to predict future prices. Yet, it is crucial to recognize the limitations and risks associated with AI. These tools rely on their training data. They may not predict sudden market shifts. So, regular monitoring and adjustments are essential to optimize their performance.

AI Jobs to Consider in 2024

Careers in AI have a bright future. It’s an exciting field for aspiring professionals. Machine learning engineers and data scientists rank among the best jobs on Indeed. The U.S. Bureau of Labor Statistics expects a 23% growth in computer and information research jobs from 2022 to 2032. With the rise of AI like ChatGPT, many wonder about job opportunities and how to get them. This article gives insights into AI careers. It covers the skills and education needed to succeed in this dynamic sector.

This list provides insights into various AI job roles and their average salaries. Also, you may want to watch a video featuring AI pioneer Andrew Ng. He discusses key roles for AI upskilling and integration.

  • Artificial intelligence (AI) engineer
  • Machine learning engineer
  • Data engineer
  • Robotics engineer
  • Software engineer
  • Data scientist

How to get a job in AI

To get a job in AI, know the required skills for your target role. There are common strategies for entering the field. Yet, your approach may differ based on the job type, expertise, and industry.

FAQ

What are the typical AI job requirements?

AI careers often need strong skills in math, programming, and data analysis. Common qualifications include a degree in computer science, engineering, or a related field. Skill in languages like Python or R is also required. Familiarity with machine learning frameworks and data manipulation tools is a plus.

How can I become an AI expert?

Becoming an AI expert involves continuous learning and hands-on experience. Start by learning the basics of AI and machine learning. Use online courses, workshops, or degree programs. Work on projects to apply your knowledge. Join AI communities. Stay updated on the latest industry trends.

Can I make money with bots?

Yes, there are several ways to make money using bots. Many businesses use bots for customer service, social media, and data analysis. You can develop your own bots to provide these services. Or, you can create and sell automated solutions for specific business needs.

What are AI affiliate programs?

AI affiliate programs let you earn commissions by promoting AI products or services. By joining these programs, you can use your online presence to market AI tools and platforms. This includes software, courses, and subscriptions. You will earn money for each sale made through your referral links.

How are educators using artificial intelligence in education?

AI is changing education. It personalizes learning, automates tasks, and boosts engagement. AI tools can adapt to each student’s learning style. They provide real-time feedback. They help educators find where students need more support.

Conclusion

In conclusion, AI has many opportunities. But they need time and effort to develop the necessary skills. There is great potential for growth. You may want to meet AI job requirements, become an expert, or make money with bots and affiliate programs. AI’s impact on education shows its value in many sectors. It can transform them. Stay informed and hone your skills. This will help you succeed in this fast-changing industry.

Facebook
Twitter
LinkedIn
Pinterest
Print

We Build Better APPS

Our expert team partners with you to design, develop, and implement innovative solutions that align with your vision. Whether you’re looking to streamline processes or launch new initiatives, APPS 365 is here to transform your business goals into tangible results.
Scroll to Top