The mobile online gaming industry is on track for multi-billion dollar growth over the next 10 years. We are seeing all of the major tech giants from Google to Microsoft competing for market share. In fact, new cloud technology could render the gaming console completely obsolete. For entrepreneuring gamers, there are plenty of ways to make money in the gaming industry. Right from your phone, you can become a gaming developer, test games, stream your playing or even compete online in paid tournaments. Most commonly, you may want to make money for playing games.
What can you do with your smartphone to make a little money on the side? It is a question that has likely crossed your mind when playing around with your phone. How about online gaming? The millennials have charted the path, making money on Fortnite and Clash of Clans. There is big money to be made in online gaming. Where are the opportunities?
There are different types of games online; Role Playing Games (e.g. Fortnite), Console games (e.g. Call of Duty), casino games (e.g. blackjack) and sports betting (e.g. football). The ease of making money varies from game to game. It is easier to learn blackjack and play well than being a pro in Clash of Clans.
Online casino games are preferred by many because of their variety. There are table games like poker, and games of chance like roulette, which need no skills to play. You can easily register on your phone and get free money bonuses for your first game.
You will never lack a tournament playing online. If you are already good at poker, you can test your skills against pro players from around the world in poker tournaments like the World Series of Poker tournament. The good thing with casino games is that you can play solo 24/7.
Teach Online Games
You would be surprised at the number of people looking for game tutorials hoping to become good players and start making money. If you are already making steady wins with a high win rate, you can easily tout your skills in the game. Set up a YouTube channel and start tutoring people online. With a screen recording app, you can easily take your audience through your moves. The money comes after growing a sizable audience that you can monetize doing product endorsements and brand mentions.
Test Game Apps and Websites
There is always a new game launching. The game will run on an app, and be publicized on the game website. Developers need to ensure that these two platforms are running smoothly, and are willing to pay testers. To become a good tester, you have to develop good communication skills in pointing out the feel of the game, including any user experience issues. This way, companies can ensure that updates are working prior to pushing their digital marketing funnel.
Stream Your Game Online
Twitch is a streaming platform where you can stream your game moves live to a live audience. Your channel can grow quite fast if you are good at your game. Brands are willing to pay for ads, endorsements and sponsorships. Furthermore, you can stream your gaming on YouTube. Many YouTubers are able to grow their channels through live streaming, tutorial videos and collaborations. While building up a community, you can recommend other games, systems or platforms. Additionally, many YouTubers host viewing or watch parties where subscribers interact.
Become an Online Gaming Journalist/Influencer
With competition stiff in the online gaming space, gaming brands need to be visible to pull in clients. You can work with these brands if you have an active social media following. You can be a micro-influencer if you can prove that your active audience is 3,000-10,000 people. Content generation is also a good money maker. It involves doing videos, writing articles, and generating social media posts that are favorable to brands. You can leverage blogging software, digital magazine software, social posting software and many other tools to syndicate your content online. This will increase your reach and ability to negotiate with larger brands.
Become A Customer Service Agent
Many gaming startups are virtual entities, meaning they operate exclusively online. But they must address customer issues like deposit/withdrawal issues. These online customer service jobs are often open to anyone with an internet connection and the requisite skills.
Farming Digital Currencies
Often times, many mobile games require gold, coins or other forms of digital currency. These in-game currencies allow you to level up characters, buy special attributes or access new capabilities. If you are skilled at a particular game, you can spend time playing up to a certain level and then sell the account. Some accounts sell for as much as $1,000. This is a great way to make money from online gaming while having fun. However, you will have to abide by the game’s terms of service.
There are many ways you can make money from the online gaming industry, right from your phone. Phones have become smarter, more powerful and easier to work with. These are opportunities you can exploit as a side-hustle. But they also have the potential to be your main meal if you take the time to perfect your skills and grow a reputation. The best thing about this is that you will be earning from something you love doing.