Revolutionize Your Finances: The Power of AI in Generating Wealth

 

No one denies AI helps you achieve more income, but it depends on your business type. Before AI, people blindly started a business and consumed their energies to be successful and later on, defeated and rejected the idea. But what AI brings to create a successful business. The answer lies in the power of human intelligence that is available to you. Before the AI, you only achieved this by paying money to people. But the biggest bottleneck is the quality of the intelligence. Ok, we have the power of human intelligence with no cost, but how will we create money? It depends on the type of business you want to start.

For example:

1. Selling popular but similar products.
2. Selling products to a fixed group of people.
3. Create your products and services on other people’s resources.
4. Selling products offline with Internet power

Popular but similar

It is the poorest way to build your business. In this type of business model, you always beg for human intelligence. It is similar to selling fruits, vegetables, and daily necessities. Depending on your fan following or marketing campaigns, you can accumulate wealth. But it is never a successful startup, and after creating a little revenue, it suddenly collapses because some others also start this kind of business.

Sell to a fixed group of people.

In this type of model, first, you will create the customer base. For example, you will create content around your products, like creating short videos or doing other content marketing. Each time you produce the content, you have a different sales ratio. But in this model, you always have a fixed consumer group who are interested in your products. Whether you are selling raw materials, finished goods, or promoting services. The business model required strong awareness of KOP, who operate a traffic and attract fans. Some niche products can attract numerous customers based on interest or relationships. In this business category, your customers and products must be fixed and must keep same quality. However, it is difficult to achieve and requires intelligence and time.

Create your products and services on other people’s resources.

It is the most famous type of business model, like Uber and BNB. Both create a business model on other people’s resources and earn fees to share with others. If you are interested in this business model, you need to make sure that when creating the platform, you are dealing with poor information, poor traffic, and poor resources. You are required to collect more information and must have increased traffic acquisition capabilities.

Selling products offline with Internet power

This business model is divided into three stages. For example, first, create a product that is completely free and attracts numerous users. Secondly, you have diverted your customer to some other similar products. Finally, you will generate revenue from advertising.

In other words, first, seize top consumer traffic, build barriers around a theme, and create customer scenarios. Repeatedly increase their potential and complete the business loop. It is just like the TV, where people watch the program freely and also watch advertisements. The people who create TV programs make money by selling ad time. It is also similar to YouTube creators who gather like-minded people, and Google inserts the advertisement in between the videos and makes money.