Hi everyone - huge update today!
ChatGPT Ads just hit a major milestone. Here's what you need to know:
The numbers:
- $100M+ in annualized ad revenue, just 6 weeks after launching the ad pilot
- Less than 20% of eligible US free and Go tier users are seeing ads daily
- Around 85% of Free and Go users are eligible to see ads, meaning current revenue is a fraction of what's coming
- 600+ advertisers are now on the platform
What's coming next:
- Self-serve advertiser access is on track to launch in April
- Geographic expansion into Canada, Australia, and New Zealand is being explored
- OpenAI hired Dave Dugan (former Meta ad exec) to lead ad sales
- The ads manager dashboard is rolling out for campaign management and real-time optimization
What this means for us:
- The moment self-serve opens, every Google and Meta advertiser starts testing. CPMs will rise, and competition will increase fast
- Right now, fewer than 7% of ads are rated "low relevance" by users, which means the ad experience is performing well, and OpenAI will keep scaling it
- Reporting is still basic (weekly CSV of clicks and impressions - I expect this to change), so the advertisers who figure out performance tracking independently will have a major advantage
The early mover window is real, and it'll close faster than most expect.
FutureProof will be sharing the best practices & tools to help you create winning ChatGPT ads as soon as we have them!