Ever feel like there’s just not enough time in the day to juggle your side hustle and everything else? Well, ChatGPT might just be the assistant you’ve been looking for.
By now, you’ve probably heard of ChatGPT. It’s an AI-powered language model that can help streamline your side hustle tasks, making everything from idea generation to content creation and marketing a breeze.
ChatGPT chats with you like a real person, using advanced natural language processing. It’s easy to use and can seriously boost your productivity.
In this week’s newsletter, we’re diving into how ChatGPT can help you grow and succeed with your side hustle. We’ll cover everything from creating killer content and crafting marketing strategies to researching new ideas. Plus, we’ve got some prompts you can try out yourself.
This week’s newsletter brings you:
- Trends: Is ChatGPT really that helpful? We bring you all the latest data!
- Strategies: This week we explore all the different ways you can use ChatGPT to grow your side hustle.
- Tool of the Week: Well, this one’s pretty obvious…our tool of the week is, of course, ChatGPT!
Trends
Let’s start by taking a look at some interesting statistics on ChatGPT!
ChatGPT versus other tech platforms
ChatGPT crossed 1 million users in just 5 days of launch, setting the record for the fastest-growing platform by gaining 100 million users by January.
ChatGPT reached 1 billion visits in February and 1.6 billion visits in March 2023. Pretty amazing stuff if you ask us!
ChatGPT users by age
Most ChatGPT users (a whopping 64.5%!) are between 18 and 34 years old. Seems like young adults are really digging AI for their side hustles!
ChatGPT users by gender
How people view ChatGPT’s writing
According to the research done by Tooltester, GPT-4 wrote content that convinced people to be human written. Readers said the content was 16.4% more human-like compared to GPT 3.5.
Almost 53% of the audience believed ChatGPT generated content in the field of finance, health, technology, travel, entertainment, etc., to be created by humans or edited by humans.
The table above shows the percentage of readers that thinks ChatGPT written text to be Human written.
Writing and code generation
Chat GPT has an accuracy of 85+ %, which is a good percentage, and it can even write flawless code snippets, making it a valuable tool for software engineering!
This matters because it can help to make intelligent people even more intelligent, rather than replacing them.
Strategies
You’ve probably heard lots of people singing ChatGPT praises…while naysayers are worried that we’ll all soon be out of our jobs…but the fact is, ChatGPT is here to stay!
So let’s dive into the nitty gritty and explore all the potential ways you could use ChatGPT to grow your side hustle.
Brainstorming ideas and market research
One of the most powerful ways to use ChatGPT to grow your side hustle is by generating new ideas and conducting market research. ChatGPT can help you come up with innovative product or service ideas, as well as provide insights about your target market and competitors.
To generate new ideas, simply prompt ChatGPT with questions related to your niche or industry. For example, you can ask ChatGPT “What are some unique product ideas for a sustainable fashion brand?” or “What are some creative ways to monetize a photography hobby?” ChatGPT will then use its natural language processing capabilities to generate responses based on the context and your preferences.
For market research, ChatGPT can help you analyze customer feedback, social media data, and industry trends to gain insights about your target market and competition. You can ask ChatGPT questions like “What are some common pain points among fitness enthusiasts?” or “What are some emerging trends in the vegan food industry?”
Here are some examples of prompts to use with ChatGPT:
- “What are some product ideas for a [insert niche or industry] business?”
- “What are some ways to improve [insert product or service] for [insert target audience]?”
- “What are some pain points for [insert target audience] and how can I solve them?”
- “What are some emerging trends in the [insert industry] market?”
- “What are some common questions customers have about [insert product or service]?”
ChatGPT’s ability to generate unique and creative ideas, as well as provide valuable market insights, can give you a significant competitive advantage.
By leveraging its tools and capabilities, you can better understand your target audience and create products or services that meet their needs and preferences. So don’t hesitate to try out ChatGPT for your side hustle idea generation and market research needs!
Content creation
Content creation is a crucial aspect of growing any side hustle, and ChatGPT can be an excellent tool to help you generate engaging and high-quality content, including blog posts, social media updates, and email newsletters.
To use ChatGPT for content creation, start by giving it a prompt related to your topic or niche. You can also provide some keywords or phrases to help ChatGPT understand what you’re looking for. Here are some popular prompts to get you started:
- “Write a blog post about [insert topic or keyword].”
- “Suggest some social media updates related to [insert topic or keyword].”
- “Help me come up with an email newsletter topic for [insert audience or niche].”
- “Provide some insights on [insert industry or trend].”
- “What are some tips for [insert skill or activity]?”
Once you’ve given ChatGPT a prompt, it will generate a response. You can then refine or edit the response to make it more suitable for your needs.
One of the best things about using ChatGPT for content creation is that it can help you save time and come up with fresh ideas that you may not have thought of on your own.
It can also help you overcome writer’s block or come up with new angles for your content. Just remember to keep your prompts specific and clear to ensure that ChatGPT provides the best possible response.
Email marketing
ChatGPT can be a powerful tool for email marketing, allowing you to generate content quickly and easily. Here are some tips for using ChatGPT for email marketing:
- Use ChatGPT to generate subject lines: A compelling subject line is essential for getting your emails opened. You can use ChatGPT to generate subject lines by inputting prompts like “What are some attention-grabbing subject lines for my email campaign?” or “How can I make my subject lines more compelling?”
- Use ChatGPT to write email content: ChatGPT can be used to generate content for your email campaigns. You can input prompts like “What are some key benefits of my product/service?” or “What are some common questions that customers have about my business?” and use the responses to create informative and engaging emails.
- Use ChatGPT to personalize emails: Personalization is key to effective email marketing. You can use ChatGPT to generate personalized content by inputting prompts like “How can I personalize my emails for different segments of my audience?” or “What are some ways to make my emails feel more personal?”
- Use ChatGPT to generate calls-to-action: A clear and compelling call-to-action (CTA) is essential for getting your subscribers to take action. You can use ChatGPT to generate CTAs by inputting prompts like “What are some effective CTAs for my email campaign?” or “How can I make my CTAs more compelling?”
- Use ChatGPT to optimize email content: ChatGPT can also be used to optimize your email content. You can input prompts like “What are some ways to improve the open rate of my emails?” or “How can I increase the click-through rate of my emails?” and use the responses to make changes to your email campaigns.
Using ChatGPT for ad campaigns
ChatGPT can be a useful tool for creating ads on social media by generating ad copy that is engaging, informative, and persuasive. Here are some tips on how to use ChatGPT to create ads on social media:
Use ChatGPT to create ad descriptions
Ad descriptions provide more information about your product/service and can be used to persuade your target audience to take action. You can use ChatGPT to create ad descriptions by inputting prompts like “What are some ways to make my ad description more persuasive?” or “How can I highlight the unique features of my product/service in my ad?”
Incorporate visuals
Visuals are an important component of social media ads. Once you have generated ad copy with ChatGPT, you can pair it with images or videos that are visually appealing and help to convey your message.
Test and refine
After creating your ads with ChatGPT, it is important to test and refine them to ensure they are effective. You can test different versions of your ad copy, headlines, and visuals to see what resonates best with your target audience.
The best part is, ChatGPT can come up with countless different ad angles for you to try, so you can figure out what messaging resonates with your audience quickly and efficiently!
Using ChatGPT to generate more sales
ChatGPT can be a valuable tool for generating more sales for your side hustle by helping you to create engaging content, engage with potential customers, and identify opportunities for growth. Here are some tips for using ChatGPT to generate more sales for your side hustle:
- Create a Chatbot: ChatGPT can also be used to engage with potential customers and answer their questions. You can create a chatbot on your website that uses ChatGPT to respond to common inquiries.
- Use ChatGPT to identify growth opportunities: ChatGPT can also help you identify growth opportunities for your side hustle. Input prompts like “What are some ways to expand my customer base?” or “What are some new products/services that I could offer?” and use the responses to identify new opportunities for growth and expansion.
- Use ChatGPT to personalize your sales pitches: Personalization is key to effective sales pitches. You can use ChatGPT to generate personalized pitches that resonate with each potential customer.
- Use ChatGPT to optimize your sales process: ChatGPT can also be used to optimize your sales process. Input prompts like “What are some ways to improve the conversion rate of my website?” or “How can I make my sales pitches more persuasive?” and use the responses to make changes to your sales process that can lead to more conversions and sales.
Bonus prompts to try out with ChatGPT
These prompts can help you generate even more ideas for growing your side hustle, attracting more customers, and increasing revenue!
- What are some effective marketing strategies for my business?
- What are some ways to differentiate myself from competitors?
- How can I improve my product/service offerings?
- What are some tips for creating engaging social media content?
- How can I improve my website to attract more customers?
- What are some ways to streamline my operations and reduce costs?
- How can I improve my customer service to increase customer retention?
- What are some ways to increase my online visibility?
- How can I leverage partnerships to grow my business?
- What are some ways to create a strong brand identity?
- How can I generate more leads for my business?
- What are some ways to optimize my sales funnel?
- How can I improve my product descriptions to increase sales?
- What are some effective email marketing strategies for my business?
- How can I create effective advertising campaigns?
- What are some ways to improve my SEO and rank higher on search engines?
- How can I use customer feedback to improve my business?
- What are some ways to offer exceptional customer service?
- How can I create a referral program to incentivize word-of-mouth marketing?
- What are some ways to create a sense of urgency to increase sales?
- How can I use video marketing to grow my business?
- What are some ways to improve my pricing strategy?
- How can I create effective sales pitches?
- What are some ways to use storytelling in my marketing?
- How can I use data to make informed business decisions?
- What are some ways to improve my networking skills?
- How can I use social media influencers to promote my business?
- What are some ways to create effective landing pages?
- How can I use content marketing to attract new customers?
- What are some ways to improve my customer experience?
- How can I use webinars to promote my business?
- What are some ways to create effective customer surveys?
- How can I use chatbots to improve my customer service?
- What are some ways to create a customer loyalty program?
- How can I use testimonials to build trust with potential customers?
- What are some ways to use retargeting ads to increase sales?
- How can I use affiliate marketing to grow my business?
- What are some ways to use upselling and cross-selling to increase revenue?
Tool of the Week
Yep, you guessed it, it’s ChatGPT!
Why not check it out now and start having a play with some of the prompts we’ve mentioned in this newsletter?!