Every business should consider creating a ChatGPT plugin
ChatGPT currently have 100 million monthly active users. Many of them are using ChatGPT & its plugins instead of Google search. Business should create their own ChatGPT plugins to
- Find new customers
- Generate more revenue
- Stay ahead of the competition in the post AI world
Here are 3 reasons why now is a good time to create a ChatGPT plugin for your own business
ChatGPT plugins is the new app store
Many people made fun of Apple iPhone when it was first announced and one of the main reason is its lack of apps
ChatGPT realized that and add 3rd party plugin mere months after the initial launch. ChatGPT plugin launched plugins from well-known tech companies like Expedia, Zapier, Instacart. Since then, the store has added more than 700 plugins
With Google's Bard plugin support coming soon, LLM plugins are being compared to the early day of the mobile app store. What does it mean for your business
Huge source of traffic
100 millions monthly active users represent a significant source of traffic for plugins, especially the early ones
For example, a user posted on Reddit the state for their plugin about indoor plants in 2 weeks
- The logo were seen 160,000 times
- 2000 users installed it
- 50 requests per day
Granted, plugins are only available for ChatGPT plus users right now. But if history is of any indication, OpenAI will likely let the remaining users access to plugin in the near future. Why?
Because developers can charge users to use their plugin and OpenAI can get a cut of every transaction
It's still early
Early birds get the worms
So do developers who are quick to adopt an up and coming platform
My guess is ChatGPT plugin store will implement rating and reviews soon. So early plugins will have a sizeable leads in customers review
It's still too early to tell how the LLM plugin industry will play out. But there are significant growth opportunity for businesses to create a ChatGPT plugin. Especially the ones that are already doing it
About Trung Vu
Trung Vu, a former software engineer, founded Hoss in 2019 to enhance developer experiences, swiftly attracting Silicon Valley backers and a $1.6 million seed round. In 2021, his venture was acquired by Niantic Labs, of Pokemon Go fame, to bolster their Lightship platform.
Post-acquisition, Trung leads engineering teams at Niantic and invests in promising AI startups. An AI enthusiast even before ChatGPT's rise, he equates its potential to electricity. Through AI Growth Pad, his education platform, Trung teaches entrepreneurs to leverage AI for growth, embodying his commitment to ethical, transformative technology.
