Selling AI Products is Hard

PLUS: Furry Bread, Marketing Mega Prompt and ...

Read time: 3.5 minutes

🗞️ In today’s issue:

  • The Big Story: Selling AI Products is Hard

  • Prompt Tutorial: How to Market your Business Effectively

  • AI Tools: 4 Tools to Make you Money

  • Images of the Day: Furry Bread

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In Brief:

  • A surge of digital-first companies, driven by advancements in Generative AI, can quickly create AI products. However, selling these globally involves multiple tools and complexities.

  • MOR platforms are starting to simplify the process by handling the complexities of global transactions. They manage payments, refunds, chargebacks, and customer support, ensuring compliance with international tax regulations.

  • The new wave of digital-first, AI-enabled companies would benefit from new platform companies catering to their specific needs, much like Shopify and Stripe did for direct-to-consumer (D2C) e-commerce.

"Just as merchants who started their businesses on Shopify went from startups to household names, we imagine the same will happen for this next-generation of digital, AI-enabled, default global companies. These companies will need simpler platforms, whether they be point solutions or Merchant of Record ones, to reach their global customer base."

Sumeet Singh



Summary: Selling AI products worldwide remains challenging due to the complexity of catering to different regulations, currencies, and languages.


Merchant of Record (MOR) platforms are emerging as a solution, allowing companies to concentrate on product development while the MOR handles transactions, refunds, and global tax regulations.

What's Next: Just like the rise of household names that started businesses on platforms like Shopify, the next generation of digital, AI-enabled, global companies will also need simplified platforms, such as MOR ones, to reach their global customer base.


📻 In Other AI News

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[PROMPT] TUTORIAL
How to Market Effectively with this Mega Prompt

This prompt is a roadmap for businesses to use digital strategies better to attract more customers.

It advises improving online activities, like making your website more discoverable, enhancing your social media presence, and creating engaging emails.

Importantly, it also guides you in measuring your progress and staying up-to-date with the latest online marketing trends.


The Prompt:
Copy, Paste and Customize [example] inputs

"I'm running a business in the [Your industry] industry, specifically focusing on [Your specific product or service]. Our target audience is primarily [Describe your target audience: their demographics, interests, etc.].

Currently, we are using [Describe your current marketing methods: SEO, content marketing, social media, email marketing, etc.], and we've seen some success with [Describe the most successful aspect of your current marketing strategy]. However, we want to improve our overall marketing effectiveness and better attract and retain our customers.

Considering our industry, product/service, and target audience, could you provide detailed strategies on how to improve our digital marketing efforts, including SEO, content marketing, social media, and email marketing?

In particular, how can we [Specify areas you want to focus on, such as improving website traffic, increasing engagement on social media, boosting email open rates, etc.]?

Additionally, how should we track and measure the effectiveness of our digital marketing strategies? Lastly, could you provide any tips on staying updated with the latest digital marketing trends relevant to our industry and target audience?"

PromptBox

Tool: ChatGPT-4

Images of the Day

Midjourney + Pain
The prompt is “Furry Bread” and we’re disgusted

SkullRiderz69

SkullRiderz69


To recreate:
Don’t.


That’s a Wrap

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