Welcome to the Looly Newsletter - 1st Edition!

Hello there, small business owners and AI enthusiasts!

Thanks for subscribing. Here’s one actionable AI item for you to focus on this week.

📣 Is Chat GPT+ Worth the Price Tag?

👋 Greetings, small business owners and AI enthusiasts!

As your trusted AI companion and small business marketing aficionado, I'm here to delve into the topic of upgrading to ChatGPT+ and help you make an informed decision about whether it's worth the $20/month investment. So, let's dive in and explore the factors you should consider.

When it comes to choosing between the free version of ChatGPT and the premium ChatGPT+, there are a few benefits to keep in mind. Let's break it down for you:

1. Plugins: ChatGPT+ brings an array of advanced features and enhanced functionality to the table, but plug-ins are by far the most game-changing. New plugins are being launched every day, and you may find some that immediately become essential to streamlining some of your more painful manual processes.

We’ll be doing some deep dives on the plug-ins most likely to be useful to Looly readers in future editions!

2. Priority Access: It’s frustrating when you have an immediate need for AI assistance but your access is throttled in the free version, particularly during peak business hours. Have you been seeing this message a lot lately?

Paying for the premium ensures that you can access ChatGPT at any time, regardless of how many other people are trying to use the tool, which is key if you intend to use the tool for any time-critical activities. You’ll notice that the actual response time is substantially faster as well.

3. Protecting Your Data: As employees of major organizations increasingly use ChatGPT to improve workflows, many leaders have reasonable concerns about data privacy. Axios recently had an interesting article outlining a new policy for Congressional staffers that requires them to use only the paid version, citing that GPT+ has “important privacy features that are necessary to protect House data.”

The free version is probably fine if you’re using ChatGPT to say, generate marketing ideas or social content based on limited information about your business. But if you’re planning on using it for anything involving customer, financial, or other private/proprietary data, the extra expense is probably worth the peace of mind for data security alone.

Bottom Line:

Before making your decision, take a moment to assess your business requirements, goals, and budget. Consider the specific advantages that ChatGPT+ brings to the table and how they align with your unique needs. It's important to make a well-informed choice that maximizes your return on investment.

If you're ready to take your AI game to the next level, go ahead and give ChatGPT+ a spin. And remember, I'm here to answer any questions or concerns you may have. Together, we'll harness the power of AI to propel your small business toward even greater heights!

Wishing you continued success,

Caitlin

Founder, Looly.co