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- Business Idea #380, $4K/Mo with An AI-powered Quiz Generator
Business Idea #380, $4K/Mo with An AI-powered Quiz Generator
Adaeze Eluba & Scott Max
April 29, 2025
Welcome to Business Idea #380
Grab your coffee, it’s a 2-min skim or an 8-minute read to your possible path to a 1m$ Business!
In today’s letter, we’ll cover:
An Offer You Can’t Refuse 🔥
Business Idea: An AI-powered Quiz Generator 📰
Case Study: How Questgen got to $4,000/month 🚀
Maxcareers: 5 New Marketing Jobs & Internship positions 💼
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Business Idea #380: An AI-powered Quiz Generator 📰
📝 Summary
Imagine building an AI-powered tool that practically prints money by helping people generate quizzes effortlessly.
Questgen is doing just that, attracting over 150,000 users and making money through a subscription model. This smart idea shows just how much potential there is in the online education space!
🛠️ Tools Required
Hosting & Domain: Bluehost
Website Builder: WordPress
Subscription Management: MemberPress
AI for Quiz Generation: OpenAI API
Advertising Platform: Google Ads
💸 Startup Costs
I'd recommend budgeting around $1500 to get this rolling. Here’s a possible breakdown: hosting and a domain from Bluehost costs $24 for the first year, and setting up a WordPress site with MemberPress costs around $179 for the basic plan. Access to the OpenAI API could vary but you can likely start with around a $100 budget for initial testing, and I'd suggest allocating around $500 for initial Google Ads campaigns to get some visibility.
🧠 Knowledge Required
To succeed, you'll need digital marketing knowledge. Our course covers:
Module 1: Making Your Website → Set up a professional site with WordPress.
Module 5: Search Engine Advertising (SEM) → Learn the fundamentals of PPC marketing.
Other:
How to Use the OpenAI API → A Beginner's Guide
Edtech Development → Complete Guide for building educational apps
Case Study Analysis - An AI-powered Quiz Generator: Questgen
What does this online business do? 🚀
Questgen is a smart online tool that uses AI to make creating quizzes easy and fast.
With Questgen, users can turn text from documents and web pages into various types of quiz questions.
The platform is powerful enough to create up to 150 quizzes using 100,000 words in just one click.
With more than 150,000 users and millions of quizzes created, Questgen is a successful business, and we’ll reveal what makes it so successful.
You’ll discover how the business makes money and opportunities it can explore for future growth.
Let’s get to it.
How does this online business make money? 💻
Questgen makes money mainly through a subscription model, which includes a free Basic plan and a paid Pro plan.
The Basic plan allows new users to try out the service without any cost, providing them with 20 free runs to create quizzes.
It gives them a chance to see the value of the platform before deciding to pay for it.
For those who want to use Questgen more, the Pro plan is available for $15 per month or $100 if paid annually.
This plan is designed for users who need to generate quizzes without any limits.
By having both a free plan and a reasonably priced subscription, Questgen attracts a wide variety of users.
What has this business done well?🔥
Here are the commendable strategies responsible for this business’s success as an online business;
Clear Use Cases to Help Users 🧑🏫📚
Questgen does a great job of showing the different ways its platform can be used.
It highlights how users can benefit from its quiz-making tools.
By providing specific examples, Questgen makes it easy for potential customers to see how the service fits their needs.
Comprehensive and Helpful Features ⚙️🔧
Questgen comes with a variety of features that support different types of quizzes.
The platform also accepts various inputs, such as text, PDFs, and videos.
This means users can upload materials in the way that works best for them, making the platform suitable for many different users.
This flexibility helps save a lot of time and is highly valuable to users.
Optimized Website Content for Conversions 🌐📈
Questgen's website is designed to help visitors understand the benefits of using the platform.
The "How it Works" section makes it simple for users to know how to get started.
This layout keeps users engaged and encourages conversion.
Engaging Visuals and Effective Copy 🖼️ ✍️
The Questgen website uses appealing visuals and clear writing to explain its offers.
Simple graphics help break down complicated ideas, making it easier for users to grasp the information.
Attractive visuals and informative text promote the unique features of the platform, guiding users smoothly through their journey.
Niche Relevance 🎯🏫
Questgen focuses specifically on quiz generation, making it highly relevant for its audience.
By specializing in this area, Questgen can tailor its features and messaging to better reach its target audience.
This focus helps establish the platform as an expert, building trust among users who need specialized solutions.
What this business could improve?🔥🔥🔥
This online venture can position itself for long-term growth and success by exploring the following ideas;
1. Improve SEO for Better Organic Traffic 📈🔍
Questgen’s low organic traffic limits its online visibility and growth potential.
To help with this, a solid SEO plan is very important.
First, Questgen should find out what keywords potential users are searching for and use these keywords naturally in website content, headings, and meta descriptions.
Next, it’s essential to optimize on-page elements like title tags and alt text for images to help search engines understand the content.
Creating helpful blog posts can also bring in traffic and establish Questgen as a trusted source.
Finally, getting backlinks from trustworthy websites can increase Questgen’s authority and improve its search rankings.
Implement PPC Advertising Campaigns 💰📊
Along with boosting organic traffic through SEO, Questgen should look into pay-per-click (PPC) advertising.
This can involve using Google Ads to show up in search results when users look for quiz-making tools.
By writing great ads that highlight unique features, Questgen can attract users who might not know about the platform yet.
Enhance Social Media Presence 📱🤝
Questgen's social media presence is currently weak, which makes it hard to engage with users and build a community.
To improve this, Questgen should develop a content strategy that connects with its target audience.
Questgen could also host live Q&A sessions or webinars to talk directly to users.
Leverage Email Marketing 📧🎯
Email marketing is another valuable strategy for Questgen.
Building an email list by offering incentives can help capture leads.
Sending regular newsletters with updates about the platform and educational resources can keep users engaged.
The Takeaway, What We Learned 🎓
Showcase Your Use Cases: Clearly demonstrate how your products or services benefit customers. This helps them see the value you offer.
Offer Comprehensive Features: Similar to Questgen's versatile features, make your offering easy to use and adaptable to various customer needs.
Guide Users to Take Action: Just as Questgen's website simplifies getting started, ensure your website clearly explains your offering and makes the next step obvious for visitors.
Use Engaging Visuals and Clear Language: Following Questgen's example, use clear language and visuals to effectively explain your business and keep your audience interested.
Focus on a Specific Niche: Specializing in a specific area allows you to meet the needs of your target audience better and establish trust as an expert.
And there you have it, the fascinating case study of Questgen! This business makes quiz creation easy with its powerful AI capabilities while attracting a loyal user base.
If this has got your entrepreneurial gears turning and you're thinking, "Hey, I could build something like that!", then the FREE course at Max Business School is a great place to kick off your adventure.
New jobs to check out on MaxCareers.com 💼
If you’re not quite ready to start your own business. Take a look at the jobs below. Why not learn and practice your digital marketing skills AND get paid for it?
Before You Go 👋
Thank you for reading.
Remember, if you know someone who might like this newsletter, sharing is caring.
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Bye for now,
Scott Max