Ai Based Chatbot

Business Idea: Start An Ai Based Chatbot in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$66.8K
Avg Startup Costs
$16.8K
Score
74
Market Size
Avg Revenue
Min Revenue
$7K/month
Max Revenue
$150K/month
Avg Days To Build
90 days

An AI-based chatbot is an automated program that helps add convenience for customers by simulating a natural human conversation. Chatbots interpret and process users’ words or phrases and gives an instant pre-set answer.

In today's competitive environment, businesses digitize and automate to become more efficient. Therefore, the demand for AI-based applications is high than ever before.

Therefore, starting an AI-Chatbots building application can be profitable.

Revenue & Profitability

How much do AI-based chatbots make?

Startup Costs

How much does it cost to start an AI-based chatbot?

  • It can cost as low as $99 to start an AI-based chatbot.
  • It can cost as high as $750,000 to start an AI-based chatbot.

Learn more about the costs of an AI-based chatbot.

Examples Of Successful Ai Based Chatbots

Successful AI-based chatbot businesses and case studies

Enterprise Bot CEO Pranay Jain discusses how he grew his AI chatbot platform to reach over $2 million in annual revenue, with plans to double that this year, and shares advice for aspiring founders on keeping a positive attitude and never stop learning.

$150K Monthly Revenue
$100K Startup Costs
Read by 6,772 founders

TxtCart, an AI-powered SMS marketing company for Shopify stores, has driven over $50M in revenue for clients by leveraging a 20X ROI on SMS strategies, while growing to a $1M ARR and aiming for $3Mβ€”all while remaining bootstrapped.

$85K Monthly Revenue
$30K Startup Costs
Read by 8,300 founders

See full list of successful AI-based chatbots.