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What Is Chatbot In AI? How To Build An Chatbot And Make Easy Money In 2021? - Make Cash Online
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What is Chatbot in AI? How To Build An Chatbot and Make Easy Money in 2021?

What is chatbot in AI? A chatbot is a computer program that talks to people. And AI is Artificial Intelligence.

Whether it is Siri or the pop-up chatbots on a general website, chatting bots have become an integral part of the internet. These bad boys can communicate with your leads on your behalf but in a human manner, allowing you to engage, qualify and develop an intimate connection with your leads, without talking to them personally.

This trend will only go up from here. So, today I’ll be breaking down what is chatbot in AI and how building one, you can make money by chatbots bots. Excited, well, understandable. So, without further ado, let’s dive right in!

what is chatbot in ai

Who am I?

Aparna Bansal, CEO of make-cash-online and Art of Cool Enterprises Private Limited

My name is Aparna. I am a dreamer who is passionate about every aspect of her life. Variety, adventure, and new things interest me and are what keep me going. Furthermore, I believe that you have to “Be the change you wish to see in the world”.

I avoid the nay-sayers, and the overtly careful. I prefer to forget the critics and believe that we should learn to cast aside our doubts and inhibitions. We are indeed the masters of our own destiny!

This life is our only chance. No one is getting out of here alive. It’s time to live our dreams, take risks, and give it all we can. We only live once.

Today, I want to tell you all about what is chatbot in AI and does it work. It is a really simple way to start making money online. And I’m talking BIG money!

I have always believed in conveying the absolute truth, and so my articles do just that. You will get both good & bad points about the program. Basically everything related to what are chatting bots and whether it is really worth going in that direction when it comes to legitimate work home opportunities.

Let us see how this whole chatbot thing works now, shall we?

What Is My Aim?

My aim is to find you the best possible ways to make money online. I obviously understand that it has to match your interests.

While I shall be telling you about how to make money by chatbots here, you should know that there are literally a thousand ways to get rich online. You have to choose one or two methods and stick to them. Consistency is what is important.

The money comes, that’s for sure, but only after some amount of time and effort has been put in.

So do go through my article on what is chatbot in AI and how to build an chatbot.

If you wish to check out the many common and uncommon ways of making money online, please go through my list below, and click on whatever suits your fancy. Take a look at my ratings for all these methods too.

Let’s make some money together!

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Making Money on YouTube9.5/10
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Making Money on Instagram8.9/10
Build a ChatBot8.8/10
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Chat bot builders like tidio offer free trials. The chatbots that you make on it can be built in hours and can earn you anywhere from $500 to $6000.

The chatbot market is rather untapped right now. So, it is the best time to get into it and make some money before the market gets saturated and other developers eat the biggest piece of the pie.

 GET THE WIN-WIN ADVANTAGE

As the owner of this website, I have tracked down special deals for some products and services mentioned herein. When you use the links on this page to make a purchase, I may also get a small commission, and you will definitely get a great bargain. For example, as an Amazon Associate, I may earn from qualifying purchases. This commission is paid by the product company and has absolutely nothing to do with the price you are being charged. The discount you get is due to my efforts to trace out the best available benefits for you. It’s a win-win situation all around. Full Affiliate Disclaimer.

A Quick Summary

Name of ProgramBuild a ChatBot
WebsiteAny chatbot builder like chatfuel.com or motion.ai or Facebook Messenger.
  PriceNormally FREE. Advanced Pricing plans vary on each chatbot website. Here is the pricing plan of Chatfuel. The basic bot can however be built free of cost.
 OwnersYou
LocatedYour place
  Rating8.8/10
Verdict Building chatting bots is rather new when it comes to making money online and so the market is relatively untapped. With just a few skills and time invested, you can make
a steady paycheck from chatbots.
Review Time40+ hours
Get started today button make-cash-online

What is Chatbot in AI About? Breaking Down Chatting Bots

what is chatbot in ai

Most of you are familiar with Alexa or Siri, but even if these names are new to you, you have surely come across chat windows on websites and pages that pop up once you visit those websites or send them a message. Those are what we call chatbots. 

A chatbot is artificial intelligence (AI) software that can simulate a conversation (or a chat) with a user in natural language through messaging applications, websites, mobile apps, or the telephone. Chatting bots are a way for your business to automate conversational experience to simplify human interaction with computers. Using chatbots, computers can understand and respond to human input through spoken or written language.

While they might seem trivial to you, at first sight, a free online chatbot has great utility to it, which is made evident by its increasing use today. It can help simplify/streamline your work by providing a good way for customer service, by giving virtual assistance, by functioning 24/7 unlike us, and so on.

How To Build an Chatbot? Getting Started

how to build an chatbot

Chatbots are inherently passive since they are computer programs that function on their own. So such a venture does not require too many regular updates unless your client demands regular updates. 

Now for creating chatbots: creating a free online chatbot from scratch is no easy task since it requires extensive knowledge about AI and coding. However, fortunately, there are websites that allow you to make them easily without the need for such expertise. Chatfuel is a company that lets you create a FREE chatbot. Additionally, you can also make your own chat bot with Facebook Messenger and motion.ai.

Another important consideration when you are in this phase of planning is how exactly you want to modify your chatting bots (more on earning later). This must be considered now because depending on what your plan is, you will have to orient and direct your chatbot accordingly, it is not simply a blind game. They have a wide range of utilities; from affiliate marketing to advertisement. The demand for chatbots is continuously increasing in the market and according to this trend, the potential uses of chatbots, and thus ways of earning from them are bound to increase. 

The next step is to know your industry and what sector you aim to serve. You must be certain of these considerations beforehand, you must be aware of the industry and audience you want to target since that is how you’ll make money by chatbots.

how to build an chatbot

If you aren’t sure yet as to how to build an chatbot, you can take a break from the process and explore the use of chatting bots in various industries and learn more about their functionality, earning, etc until you come to the decision of what direction you want to pursue.

You can carry out your research and exploration using the websites mentioned above, especially tidio. If you want them for your own business, then this problem becomes rather straightforward. 

Well, now you think you have gotten down to the bottom of what is chatbot in AI, haven’t you? But you are probably missing out on the simplest of things to complete, that is what will your chatbot conversation look like? You must have the conversation and dialogues of your chatting bots mapped out properly and appropriately depending on the intended use. The following are some questions to consider when working on this:

  • What is the bot’s goal? Answer questions? Collect leads? Collect survey answers?
  • What is the bot’s tone? Formal? Informal?
  • How old is the user who will be interacting with the bot?
  • What questions they are likely to ask? How much do they already know about the topic?
  • Should you or should you not use emojis or GIFs? Would that be appropriate?

Make sure the bot targets your audience and does so in a clean and professional tone. Double-check basic things like grammar and spelling, such errors give a very bad impression, especially for a business!

A Sneak Peek Inside Chatting Bots

ChatFuel is one of the chatbot websites that lets you create a chatbot for FREE. Here is the webpage of ChatFuel:

Join now button make-cash-online

How to Make Money by Chatbots? Tips You Need To Know!

How to Make Money by Chatbots

The best way to make a passive income off your chatbots is to ensure that you generate enough interest in your bot. You can cash in on this traffic and you will not have to try too hard to keep your audience engaged, as the bot will handle everything without any assistance. 

You can make money by chatbots in a variety of ways including by creating and selling chatbots, affiliate marketing, advertising, or offering the chatbot for free but receiving a commission on generated leads, survey information, landing page conversions, etc.

  • Affiliate marketing: To earn a good affiliate income, you can develop a chatting bots that feeds actionable information to the visitors, thereby, using the affiliate links to direct them to the landing page associated with it. Of course, email marketing is an essential marketing channel. And there are ample email marketing software for affiliate marketers, but using chatbots as a monetizing strategy is another way to never miss an opportunity for earning an additional affiliate income.
  • Selling chatbots: you can make and sell chatbots to clients. For example, in business a lot of companies buy chatbots for customer service. They are also capable of generating leads and sales, assisting developers, and sort of queries related to accounting issues. Other than making one and selling as per the customer’s need, you also get paid for regular updates, new features, and further adaption of the chatbot to new needs of the business. 
  • Commission on sales and leads: Alternatively, instead of selling, you can give away your chatbot for free and ask for a specific cut based on commission on sales and leads. With an efficient chatbot and good margins, the income you can get is substantial!
  • Landing Pages conversion: You can conveniently place the landing page in conversational messages as a link, and then users can follow that link to a landing page. However, you have to be careful about the way you integrate these links into the conversation to ensure that customers do not find it spammy. Providing excellent service should always be your main focus.
  • Affiliate Marketing: whenever someone interacts with the bot, requesting specific items, you just refer them to affiliate links and you get commission if they make the purchase. 
  • Surveys: some bots can even carry out surveys. These bots can collect a lot of information about web users. This information can be very useful to some corporations, and they can readily pay for it, which can obviously bring good income. For instance, if you get data about financial behavior among clients, you can sell it to financial firms for cash.
  • Advertisements: if your chatbot is embedded in a landing page, you can place ads around it and earn from ad views or clicks. 
  • FAQs: chatbot can also answer questions a company has in its FAQ component on their eCommerce website. For example: order status, order location, delay, estimated date of delivery, etc. 

If you create a helpful bot that provides affiliate links on a page with ads and generates leads, you can increase your income. However, do not be spammy. Otherwise, you will deter your traffic. Make sure the conversation is human-like, and that actually helps the user is your goal before making money from them. All of the methods mentioned above can be used together, and even creatively!

Check Out These YouTube Videos On How To Build An Chatbot and Make Easy Money

How To Make Money by Chatbots? My Final Assessment

What I Do Like Thumbs Up

  • Fast Customer Service
  • Constantly available
  • Conversational Marketing
  • Can manage customer requests
  • Gathers customer insight
  • Increase sales
  • Save money/resources

What I Don’t Like

  • Maintenance and updates required
  • Initial cost
  • They can’t fit every business model
Get started today button make-cash-online

What I Think About Chatting Bots

make money by chatbots

Making chatbots includes what kind of market you are targeting. Then you can create one accordingly and monetize it and make extra income with it. The chatbot service, however, is expensive and varies greatly, from free to $500 or even more. 

This business is also scalable: Once you have built a chatbot and it helps you create a passive income, you can go ahead and create another chatbot to create a similar outcome. You can also create a bot for a specific sector and sell it to hundreds of companies in that sector.

You don’t need to worry about not knowing the technical parts of making one (though if you know or hold some interest in this area, you can learn and make a whole career out of it). Making a chatbot is now easy with the services available.

chatting bots

Overall, there are various ways in which you make money by chatbots. The good news is that their demand and need are growing and will continue to do so, so entering the business now is perfect.  Since you don’t need to invest too much money to test a chatbot, the risk of giving this passive income stream a try is pretty low. However, creating a profitable chatbot requires a lot of time, patience, skill, A/B testing, and more. You may not have a profitable chatbot for months, depending on how the idea is executed. 

Chatbots are a great business opportunity whose potential has not been exploited to the fullest. If you start now and make the right decisions, it can be a great opportunity to create multiple streams of passive income. So don’t wait and start now!

No matter what you decide upon, always remember that you might start out making some extra cash on the side – and later, with enough hard work and persistence, make a comfortable living out of it. The important thing is that you keep trying since investing your time and effort is what internet marketing is all about.

Only in persistence shall you find success.

That’s a quote by me so please take it with a grain of salt 😋

Chatting Bots ARE For…

  • It is for people who can deal with clients and suppliers in a confident way.
  • It is for people who loves e-commerce
  • It is for people who are great at spotting trends, opportunities, and adapt quickly.
  • It is for people who wish to attain financial freedom and spend more time counting their earnings than worrying about it.

Chatting Bots ARE NOT For…

  • It’s not for those wanting to get rich quick.
  • It’s not for people who have no time.
  • It’s not for those who are not willing to put in the work it takes.

Final Verdict About Chatting Bots

What is Chatbot in AI & Can I Make Money by Chatbots?

  • There is NO chatting bots SCAM.
  • Chat bots are great for gaining exposure and getting your first paycheck online
  • It is definitely in the TOP FEW legitimate work home opportunities

Are There Any Good Alternatives?

Chatting bots are a great way to make money online home depending upon your situation and the business model that you choose. However, there is another thing that I’d like to talk about. Have you ever heard of Affiliate Marketing? Why does everyone online seem to be doing affiliate marketing? What is it really about?

Well, let’s take a moment to understand the concept of affiliate marketing, shall we?

What is Affiliate Marketing?

So, let’s say that you just got into the online money-making scene and exploring your avenues? Well, let us tell you about the easiest way to make a paycheck online and that is affiliate marketing.

You basically get paid to promote the product of others. So, no skills, product, or even a brick-and-mortar setup is required. You just need your laptop and an internet connection. Could it be easier? Affiliate marketing has given us some millionaires and they call it the best business strategy in today’s online world. Check out the Top 5 of them:

Others like Bob Proctor, and Zig Ziglar, and Russel Brunson, and Dean Holland, and Brian Clark, and Ian Fernando, and Zac Johnson are all internet gurus who worked towards being the greatest today.

Imagine Working Anywhere, Anytime, and Making Money While You Sleep! That’s unbeatable, trust me.

And the money is GOOD. It’s not a side hustle we are talking about here. You can quit worrying about finances or losing your job. You would probably be spending more time counting your money and thinking of ways to spend it!

If you wish to understand a bit more about Affiliate Marketing, please check out the infographics in the short articles below!

As Always

Take action button

As an internet marketer, building chatbots is a fine channel that you can utilize to make money online. If you have come this far in my chatbot in AI article, please remember that only by taking positive action can you truly know what a program is like. I took the same plunge, a while before you, and I would not have been where I am today, had it not been for some wonderful programs that earn you good money.

Taking action is what counts for making money online. Only that can change your life.

Believe me, internet and social media marketing is a great way to go! It may take time to build up your system, but just like any good business, it cannot be built overnight.

The important thing is that you must join a program that is good, and learn exactly how to start making money online.

I Believe In Action

If you are still unimpressed with the chatting bots, I suggest you do not take it up. Part of the deal is that you have to be completely convinced for it to be of value. The reason for that is that it is going to be you who has to implement the system. And if you are not sure, then you may not work on it like it is required.

Let me tell you about this other awesome money-making opportunity.

Pull Open the Curtains

wealthy affiliate

My top recommended money-making system is a program called Wealthy Affiliate. It’s actually my #1 suggested program. According to my research, it is the easiest way to make money online.

Long ago, I took action by investing in and starting with a training course called Wealthy Affiliate. It is the ULTIMATE foundation course for learning affiliate marketing and getting your online business set up. It takes work, but if you work, so does the system. Completely GENUINE and easily the best training you can get online. And did I forget to mention, it is FREE to join, and not even a Credit Card is required.

Aparna premium Wealthy Affiliate member banner

I always talk about getting into a system that teaches you as well as helps you get set up with a workable system that can earn you money. Well, that is exactly what Wealthy Affiliate is. It helps you to learn and put into practice what they teach side-by-side. By the time you finish the training course, you also have a website fully ready to make you money. Now that’s what I call a proper “money-making program”.

Wealthy Affiliate is not really a resource or a tool. It is a platform that trains you to become an affiliate marketer and also helps you side-by-side to set up a full-fledged business, while they take care of all the resources and tools that you need along the way. Find out what is Wealthy Affiliate about, and give it a go for FREE. It is, in fact, the best way to make money online.

Sign Up For Wealthy Affiliate

Wealthy Affiliate is totally FREE. Not even a credit card is required. They give you time to understand the Premium level of the program fully for 7 days, without spending anything. In addition, you get a website free along with hosting, security, SSL, and other benefits. Even after the 7 days free Premium trial is over, you can continue with the free website. Please go to the Wealthy Affiliate login here.

If you wish to upgrade to Premium later, you can do that as it obviously gives better tools & functionality within the platform. Or you can continue to learn and build your website, without paying anything at all.

You can check out my reviews or Signup for Wealthy Affiliate by clicking below:

If you have any contributions to make, or questions to ask, you can put them down in the comments below. I would love to hear from you.

Never miss out on our future posts. Follow us for new ways to make money online by clicking here.

Good luck with your dreams. Remember, the best way to make your dreams come true, is to wake up and follow them.

Regards,

Aparna Bansal Signature logo

FAQs

What are chatbots used for?

Chatbots, also called chatterbots, is a form of artificial intelligence (AI) used in messaging apps. This tool helps add convenience for customers—they are automated programs that interact with customers like a human would and cost little to nothing to engage with.
To know more about what is chatbot in ai and how to make money by chatbots, check out the article above!

What is an example of a chatbot?

For example, you can order through Domino’s Pizza Bot by Slack, Messenger, Apple Watch, Mobile App, Twitter (by Pizza Emoji), Smart Home Assistants, and more. Don’t be afraid to be fun: More often than not, companies are afraid to be too simple or fun.
To know more about what is chatbot in ai and how to make money by chatbots, check out the article above!

Is Alexa a chatbot?

Alexa is officially a chatbot. Yesterday, Amazon began rolling out a new feature on iOS that enables users to type their requests to Alexa and see responses on the screen.
To know more about what is chatbot in AI and how to make money by chatbots, check out the article above!

How do I start a chatbot?

Choose a chatbot builder that is easy to use.
Select a chatbot builder that offers plenty of features.
Choose a chatbot that has endorsements from notable marketers.
Choose a chatbot company that won’t go out of business anytime soon.
To know more about what is chatbot in AI and how to make money by chatbots, check out the article above!

How do chatbots make money?

One reason most dropshippers fail is that they are using the wrong platform to market their Chatbots can be used to make money with affiliate marketing. When a user interacts with the chatbot and inquires about where to find specific items, you can refer the user to an affiliate link, and if they make a purchase, you can earn an affiliate commission
To know more about what is chatbot in AI and how to make money by chatbots, check out the article above!

How long does it take to create a chatbot?

The time required to build a chatbot for your business can range from a few hours to a maximum of 2–3 weeks, depending on the complexity of the project or function that you wish to automate and the option you choose to build a bot.
To know more about what is chatbot in AI and how to make money by chatbots, check out the article above!

What skills do you need to build a chatbot?

Chatbot developers must have several skill sets. They need to have a deep knowledge of technologies and programming languages through which they can easily work on developing Chatbot. Chatbot developers must have good knowledge of Machine Learning, Artificial Intelligence, and NLP.
To know more about what is chatbot in AI and how to make money by chatbots, check out the article above!

I am a compulsive chips-eating monster and a book-worm, thrown into one. Love the sea & the mountains alike, though what really makes me happy is the rain. My new interest is playing the piano, & am seriously contemplating learning to fly a plane next. And, did I forget to mention, I'm gonna be your the-girl-next-door-easygoing-namedropping-millionaire by the coming year. Wish me luck! Together we could be unstoppable; so hit the SignUp button, if you care to be awesome.

10 Comments

  • manuel

    Chat bots is really the future as I have seen this popping up on a lot of websites. I have not thought of chat bots been used on a messenger but from what was said in the post it sure sounds like a really good idea. This is a skill I really want to learn as I would like to incorporate it into my own business and maybe also look for those that need the service. I have always thought about making use of Udemy to learn this but I think I would look out your suggestion and see how different it is. Is it free to learn using that website or do we pay for it?

  • Rohit

    Chatobots are great when you can automate your responses and cut down on sundry activities. Chatbots takes most of the time consumption in answering FAQs and repetitive questions. Thanks for pointing out this trending opportunity where one is bound to make money. The charge in making one chatbot besides the maintenance fee is quite lucrative to really jump into it for e full time career.

    Fully agree that this is the time to go for it as this has great potential but has still not caught on. Anybody and everbody would lone to have a chatbot on their website as it directly multiplies the reach.

  • Joy

    Hello there! Chat bots have been on the rise since a couple of years and have already faced a wide adoption. They are bringing a new way for businesses to communicate with the world and most importantly with their customers by the help of exploding popularity of messaging apps, the accelerated development of all kinds of sensors and wearables and of course with the rise of emerging technologies and Artificial Intelligence (AI).

    Moreover, shoppers may not find what they are looking for due to navigation issues when they are on your site, they may have registration, payment, checkout and delivery questions or there may be a lack of information about a product.

  • Gomer

    I’ve been seeing chat bots embedded is some website that I visit and I wonder if it would do me good with my own website. Sometimes, I am thinking of choosing or deciding between the employment of an opt-in form and an autoresponder or just use chat bots that lead people to using Messenger. 

    I’d like to know if, do the website owners know that you visit their website by you merely seeing the chat bot? Or, it will only give them the hint you have visited the site only when you click and started using the chat bot?

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