How to make Money using Open AI’s GPT Store?

Himanshi Singh Last Updated : 30 Sep, 2024
5 min read

Introduction

Get ready to witness a milestone in artificial intelligence as OpenAI launches GPT Store. It has been the buzz of the town since OpenAI announced it in a recent email to developers. The excitement in the tech community is palpable, with developers and AI enthusiasts eagerly awaiting this momentous occasion to explore opportunities and make money using Open AI’s GPT Store.

What is Open AI’s GPT Store?

The GPT Store is a game-changer for ChatGPT Plus subscribers at $20 per month, offers a chance to earn through OpenAI’s GPT Store. It revolutionizes AI interaction and democratizes AI tool creation, making it accessible to all, regardless of programming background. This bold step reshapes the AI landscape, empowering a diverse range of people to make money using Open AI’s GPT Store and harness AI for innovative purposes.

Also Read: Unlocking GPT Store’s Featured Custom GPTs

Building Your Own Custom GPTs: A Step-by-Step Guide

If you’re a ChatGPT+ subscriber, the journey to creating your custom GPT is now more accessible than ever. Here’s how you can start exploring opportunities to make money using Open AI’s GPT Store:

Craft Your Builder Profile

  • Go to settings and select ‘Builder profile’.
  • Update your information to enable the creation of publicly shared GPTs.
Accessing Your GPTs

Accessing Your GPTs

  • Click on your name to open the menu.
  • Choose ‘My GPTs’ to view and manage your creations.

Describe Your Creation

  • Interact with ChatGPT conversationally to outline your envisioned GPT.
  • This step involves detailing the purpose and function of your GPT.

Also Read: 30+ Custom GPTs to Simplify Your Work

Customize Knowledge, Capabilities, and Actions

  • Visit the ‘configure’ area suggested by ChatGPT for initial guidelines.
  • Customize your GPT by uploading relevant files, choosing models (like Browsing, Code Interpreter, DALL-E), and integrating APIs.
Customize Knowledge, Capabilities, and Actions

Save and Publish

  • Finalize your GPT, save your progress, and choose to share or keep your GPT public using the drop-down menu.

Note: Be sure to carefully examine the latest usage policies and GPT brand guidelines to guarantee that your GPT adheres to all compliance standards.

How to Access GPT Store?

To access the new GPT store, visit chat.openai.com and click the ‘Explore GPTs’ option. The store features daily top picks, community-favorite GPTs, and those developed by OpenAI. You can navigate the store by searching for specific GPT names or functions in the navigation bar. Alternatively, explore categories such as Writing, Productivity, Research & Analysis, Programming, Education, and Lifestyle.

Access to the GPT store requires a monthly subscription to ChatGPT Plus, priced at $20. Subscribers gain entry to the store and enjoy benefits like general access during peak times when the free version may be at capacity. Additionally, premium users receive early access to new models and generally experience quicker response times across all available models.

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Key Features of the GPT Store

The GPT Store is poised to be to ChatGPT what the App Store is to iPhone apps – a central, user-friendly hub for discovering, using, and profiting from various applications. This move mirrors the transformative impact of app stores in the mobile domain, now being replicated in the AI space.

The GPT Store’s debut is not just about technological advancement; it’s a potential economic game changer for AI developers and enthusiasts. By allowing users to share and monetize their custom GPTs, OpenAI is creating an AI App Store, opening a brand new distribution platform for AI creators. 

Revenue-Sharing Model

A significant aspect of the GPT Store is its revenue-sharing model based on community usage. This innovative approach allows creators to profit from their custom GPTs, fostering an environment of creativity and entrepreneurship within the AI community.

Leaderboard and Spotlight Features

The GPT Store will feature a leaderboard highlighting the top GPTs, promoting healthy competition among creators. Additionally, OpenAI plans to spotlight ‘the most useful and delightful’ creations in various categories, ensuring that quality and innovation are recognized and celebrated.

Privacy and Control

Addressing privacy concerns, the GPT Store guarantees that chats are not shared with the GPT builder. Moreover, users have the flexibility to keep their GPTs private and internal, offering control over how their creations are used and accessed.

Conclusion

As OpenAI’s GPT Store makes its grand debut, we’re not just seeing a new product launch; we’re entering a thrilling era where creativity meets cutting-edge AI technology. This platform is more than a marketplace; it’s a canvas for your imagination, where you can create custom GPTs that could change how we interact with technology.

Whether you’re a developer, an AI hobbyist, or someone with a knack for innovation, the GPT Store is your playground. And now, we want to hear from you! Have you designed a unique custom GPT? Share your story with us in the comments section. Tell us about the functionality of your GPT and how it’s pushing the boundaries of AI. Your experiences and creations could inspire others and spark a vibrant conversation in our community. Additionally, if you’re curious about how does OpenAI makes money, feel free to ask! We’re here to provide insights and answer your questions.”

So, let’s start sharing. Dive into this new AI adventure with us, and let’s explore the vast potential of OpenAI’s GPT Store together. Your creativity could be the next big thing in AI!

Frequently Asked Questions

Q1. How to Make Money using Open AI’s GPT Store?

A. To make money using OpenAI’s GPT Store, you can explore opportunities such as creating and selling applications, services, or content that leverage the capabilities of GPT models. OpenAI may provide a platform for developers to monetize their contributions.

Q2. What is Open AI’s GPT Store? 

A. OpenAI’s GPT Store refers to a platform or marketplace where developers can showcase and sell their applications, services, or content that utilize OpenAI’s GPT models.

Q3. What is a GPT store?

A. A GPT store is a marketplace where developers can offer applications, services, or content built on OpenAI’s GPT models for sale or distribution.

Q4. Is there a GPT marketplace?

A. Yes, there is a GPT marketplace known as the GPT Store, where developers can list and sell their applications, services, or content that leverage OpenAI’s GPT models.

I’m a data lover who enjoys finding hidden patterns and turning them into useful insights. As the Manager - Content and Growth at Analytics Vidhya, I help data enthusiasts learn, share, and grow together.

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Responses From Readers

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Lawrence Ip
Lawrence Ip

Fantastic article, Himanshi! Your insights into the opportunities presented by Open AI's GPT Store are not only enlightening but also incredibly timely. I wholeheartedly agree with your perspective on how ChatGPT Plus subscribers can leverage this platform for creative and financial growth. The steps you outlined for crafting a builder profile, customizing GPT models, and the overall process of monetization are particularly useful. Your ability to distill complex information into an accessible format is commendable. Looking forward to more of your work in this exciting field!

Issah Ayamba
Issah Ayamba

I want to learn English very well

Gertrude Ochowa
Gertrude Ochowa

This is good information. I am reading it for the first time.

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