Introduction
Nowadays, the latest trend in the market is not only to integrate chatbots into their businesses but also to monetize them.
Do you know the chatbots market is expected to reach $9.4 billion in 2024? There is no doubt that chatbots play an essential role in the business sector.
And chatbots enhance traffic, user experience, and ROI.
Today, anyone can make significant money by reselling AI chatbots, selling digital products, and leveraging AI bots.
It can benefit a company's revenue or serve as passive income for individuals.
Chatbot reselling is the sale of a chatbot from one company to another as a white-label offering.
How do you Make Money by Selling Chatbots?
Developing and selling chatbots can generate significant revenue. Selling your chatbot to a firm or business, offering it for free, and receiving a commission on any sales is one way to monetize your Chatbot.
Many firms are eager to purchase chatbots to automate sales, support, and marketing activities.
More and more companies are using internal and corporate chatbots. Because they reduce costs and support marketing and customer service, they also free staff from routine, dull duties to focus on more exciting and vital work.
Now is the ideal time to recognize the need for chatbots, as you can provide the supply. Selling platforms for creating chatbots or reselling AI bots is proving highly profitable.
Therefore, this is your chance if you're a sales professional who wants to be a part of the future.
Today, monetizing a chatbot through affiliate marketing, e-commerce, lead generation, advertising, and partnerships is simple.
Businesses are prepared to acquire as they become fully aware of this. Experience the power of partnership today! Join Our Partner Program NOW!
How to Resell AI Chatbots?
To become a reseller, you will need a solid understanding of chatbot technology, sales and marketing skills, and the ability to deliver excellent customer service. Here are some steps you can take.
Business Analysis Research
Pick a sector that interests you and is familiar to you. It will be much simpler to respond to their real demands if you put yourself in their and their client's shoes.
Your bot will probably be useless if it does not provide real-world solutions.
Make sure you thoroughly investigate the business you are selling your chatbot to, and start generating revenue from AI bot reselling.
Conduct thorough research, especially if you plan to build the bot for free and earn commissions from sales.
Depending on the company's performance, the contract, the percentages, rewards, and other factors, this might be a fantastic victory or a tremendous loss for you.
Contact your Potential Customers
Recall that selling your bot is a business transaction just like any other.
If you successfully wow your potential customer, they are more likely to evaluate your offers and buy your bot.
Cite statistics and real ROI (Return On Investment).
What are their benefits? What real-world solution will your bot offer to address their issue?
How will it increase their revenue or lower their expenses? What will it cost them, exactly?
Local companies are an excellent place to start if you're a novice, as it's easy to identify and present your concept to them.
Examining the business's finances and reputation is one approach to determining its needs.
Use social media, the phone, email, or walk-ins to contact various companies.
Be sure to pay attention to their requirements and understand the type of support their company needs.
Businesses will spend money on items that are valuable to them.
Demonstrate Your Chatbot
After reaching out, if a customer shows interest, your next move should be to introduce them to your bot. To assist you in illustrating the value the bot can offer to their firm. You may draw a picture of the conversation it will have.
Personalize this as much as possible so they understand how you might benefit their business. Throughout your pitch, you may discuss several advantages of chatbots.
Bots simplify the automation of sales. They may interact with website visitors, gather lead data, qualify leads, and link those leads with salespeople.
During this phase, you must act professionally and clearly, as it determines whether they will understand your offer.
Show a bot in action on your website or a website you made for a different customer. And start making money with AI bots.
Create your Digital Product Bot
Build a strong bot that responds to your client's unique business demands by collaborating with them on it. They could be more interested if they enjoy your first bot and notice a profit.
To get started, you may construct a bot for a particular page on their website or for brand-new visitors.
The first time building a bot for a company, the procedure can take some time.
Market your Chatbot as a New Digital Product
Before closing the deal, the price strategy should have been chosen. Remember that you have several business models to choose from. These consist of
- Charging a one-time, fixed cost for the bot
- Obtaining recurrent income for continuous support, updates, new features, etc.
- Receiving a commission on leads or sales that are produced.
Alternatively, follow the above procedures but offer your bot for free rather than sell it. You may request commissions on those transactions if your bot is used to generate leads or sales.
This is how you will make money by reselling AI bots. Businesses use efficient lead-generation techniques (such as chatbots) to gather information from potential clients so they can sell to them.
But never finalize a contract with which you are uneasy. Ensure the firm is reliable and pays you out if it asks you to build the bot for free in exchange for a commission on leads or sales earned.
Sign a contract specifying the duration. If you have, work with a knowledgeable attorney. Many other companies need your bot.
So, before selling your bot, be patient and consider alternative offers if the deal isn't right. You may build other Chatbots with your money, sell them, and earn more.
Suggested Reading:
Why Choose BotPenguin's Chatbot Reseller Program?
How to Make Loads of Money by Reselling Chatbots?
Discover the Profitable world of Chatbot Reselling and start earning big in no time.
The Strategy of Lead Generation through Digital Products
Marketers work around the clock to generate high-quality leads. Although chatbot monetization is still in its infancy, marketers are increasingly adopting chatbots as a lead-generating strategy.
When a website visitor asks for assistance or has concerns about a product or service, your chatbot must provide actionable insights or information.
Consider the situation where someone needs specific details on email marketing software. The user encounters a chatbot after failing to locate anything valuable online.
They may use the chatbot to inquire about features and pricing or to compare other email marketing software. The chatbot provides a link to the precise resource the visitor requested.
The chatbot can learn more about the guest as the conversation progresses. For instance, it may inquire about their email address or field of work.
The chatbot might suggest that the visitor talk with a business sales representative.
Digital Products & Affiliate Marketing
Affiliate marketing is an excellent approach to earning a respectable income. The popularity of using chatbots for monetization among affiliate marketers has been growing.
The steps involved in affiliate marketing can be summarized as follows: selecting products likely to attract online search, building a website or landing page to drive traffic, launching marketing campaigns or advertisements, and, finally, generating revenue.
Compared with other marketing channels, affiliate marketing reported average order values and orders per client that were higher than 21% and 31%, respectively, in 2016, according to research.
You can create a chatbot that provides visitors with helpful information and uses affiliate links to direct them to the relevant landing page, generating significant affiliate revenue.
Email marketing is undoubtedly an important marketing medium.
There is also a wealth of email marketing tools available to affiliate marketers, but employing chatbots as a monetization channel is another way to never miss a chance to earn more affiliate commissions.
Join our affiliate program and start earning today!
Chatbots as a Digital Product Service
Chatbots are transforming the technological landscape in B2C and B2B corporate settings. With this AI innovation, businesses can automate processes without incurring additional labor costs. What a fantastic thing!
You can reduce costs on expensive SaaS products by using bot technology. Consequently, your productivity is better, and your ROI is higher.
If we're talking about that, you can create and manage intelligent bots using Microsoft's cloud bot service. Additionally, you may use cloud computing and Microsoft Cognitive Services integration options.
You can select the bot service that best meets your company's requirements. The bot may be used as a platform service or to build a framework.
Intelligent apps can be built using Microsoft's bot framework. However, suppose you don't want to get technical. In that case, you may use one of the existing chat services, such as Facebook Messenger.
Suggested Reading:
Chatbot Reseller Partnership: Earn With Automation [2024]
Place a Chatbot on your Landing Page
For generating high-quality leads and identifying prospective consumers, landing pages are marketers' first choice. Marketers are exploring the use of chatbots to create conversational landing pages.
This research aims to improve the user experience and deliver value to visitors, helping them complete the sales cycle. In addition, everyone carries a mobile device.
Instead of switching between online pages, most choose to ask their questions in the chat room.
The day when a developer could only create a chatbot is long past. Several technologies are available today for building chatbots, enabling intelligent chatbot development.
Conclusion
In summary, a digital product reseller is for anyone, including start-ups, marketing agencies, web development agencies, tech consultants, and software companies. However, remember that your business has a strong network with different industries for promotion.
There is a huge growing demand for chatbot channels for communication both within and outside the company.
By taking advantage of this, you can make loads of money by reselling AI chatbots. You can own a chatbot instead of being a client of another's chatbot.
BotPenguin offers four different types of Partner Programs:
- WhatsApp Whitelabel Partners
- Whitelabel Partners
- Affiliate Partners
- Implementation Partners
If you still have any issues with Chatbots, please let us know by commenting below.
Also, if you are planning to invest in a good chatbot creator, do check out the fantastic features offered by BotPenguin! And start making money with AI bots.
Frequently Asked Questions (FAQs)
How much can one potentially earn by reselling chatbots?
Earnings vary based on factors such as commission rates, pricing, and the number of clients you acquire, but successful resellers can earn a significant income.
How to choose the right Chatbot platform to partner with?
Evaluate chatbot platforms based on factors such as product quality, commission structure, support, and customization options to identify the best fit.
Do you need technical expertise to become a successful reseller of AI chatbots?
While not mandatory, having a basic understanding of chatbot technology can help you better explain the product and its benefits to clients.
How to offer additional services alongside Chatbot Reselling to boost my income?
Yes, you can expand your offerings with complementary services, such as chatbot customization, integration support, or digital marketing services.
What trends should one be aware of in the Chatbot industry to stay competitive?
Keep up to date with advancements in AI, natural language processing, and chatbot platform features to ensure you're offering the latest and most effective solutions to your clients.
