Gaming enthusiasts, listen up! Not too long ago, people used to dismiss gaming as a mere pastime, considering it a time and money sink.
But times have changed, and with the gaming industry set to hit a staggering $334.00 billion mark by 2023, turning your favorite hobby into a lucrative side hustle is entirely possible.
If you’re a gaming enthusiast and you don’t know where to start in the world of gaming-related income, you’ve come to the right place. We’ve compiled seven of the best ways for you to transform your gaming skills into money-making opportunities.
Different ways to make money through gaming
From passive income to game tutoring, here are our picks for the best seven ways to make money from your love of gaming.
Earn Passive Income While You Play
If you don’t want to make extra effort, let us introduce you to Honeygain – an innovative app that allows you to earn free money by sharing unused internet bandwidth.
When you install the app on your phone or laptop, you become part of a global network that helps businesses and researchers gather publicly available online data and insights.
The best part? The Honeygain app runs quietly in the background while you immerse yourself in gaming, effortlessly earning money. You can even participate in contests via Honeygain’s social media channels to boost your earnings and refer friends to earn an extra 10% of their earnings.
This is a good option for those with unlimited or underutilized internet plans to put their idle bandwidth to good use and make some easy money.
Stream Your Gaming Online
In today’s digital age, content creation is one of the most lucrative jobs. Just take a look at the massive following enjoyed by popular video game content creators. While building a devoted following on social media may take some time, everyone has to start somewhere.
Experiment with creating various types of content – short reels for TikTok or YouTube, longer videos for YouTube, or start streaming on platforms like Twitch.
Develop New Games
Becoming a game developer requires technical skills like coding, design, and storytelling. However, it can be a profitable side hustle if you’re willing to invest in it.
What do game developers do? They transform a game from an idea in someone’s notebook into a playable game. They do this by coding visual elements and programming features and collaborating with quality testers to test iterations of the game until it’s ready for market.
Become a Gaming Influencer
Gaming influencers like PewDiePie and Markiplier are well-known figures in the gaming industry, with hundreds of thousands of followers across various social media platforms. They have the power to set trends, critique games, and cultivate a community.
If you become a gaming influencer, you can monetize your influence as a gaming influencer by collaborating with sponsors, producing branded content, or recommending gaming products like headphones, monitors, or in-game features.
Test Video Game Quality
One of the biggest disappointments in recent gaming history was the release of Cyberpunk 2077. Everyone anticipated the game, but it stumbled upon release due to technical errors and glitches.
Game developers could have avoided this mess with better quality assurance testing. If you have a keen eye for detail and are willing to invest your time, becoming a video game quality assurance tester could be a lucrative endeavor.
Teach Others How to Game
Believe it or not, many gamers are eager to learn from others. With the rise of eSports and professional gaming competitions, there’s a demand for gaming lessons.
Some parents even see eSports as a viable career option for their children and are prepared to pay for lessons. If you’ve mastered a game or two, seek out individuals who want to learn from you!
Become a Game Affiliate
You’ve probably heard of affiliate marketing, right? It involves earning a commission when someone makes a purchase through your affiliate link. The same principle applies to becoming a game affiliate.
In gaming affiliate marketing, you promote programs of gaming companies, and when someone downloads or plays the game through your affiliate link, you earn money. You can promote your links on platforms like Pinterest, your own website or blog, and your social media accounts.
Key Factors for Monetizing Your Gaming Hobby
As with any career path, certain qualities are essential for success. Here are some aspects to consider when turning your gaming passion into profit:
As Dwayne ‘The Rock’ Johnson once said – “Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.”
Set a schedule for streaming, content creation, or practice. Success doesn’t happen overnight, so be patient and consistent; your audience will notice and appreciate it.
Know Your Audience
Understand the needs and interests of your followers. Engage with your audience by responding to comments, answering questions, showing your personality, and otherwise interacting with them.
Invest in Quality Equipment
Buying expensive tools before your side hustle takes off isn’t necessary. Once you gain momentum, you should consider investing in high-quality tools like a camera, microphone, and computer.
Collaborate with Others
Collaborating with fellow gamers can expand your audience and reach. Whether collaborating on content or hosting a gaming tournament, it can attract more viewers.
Start Your Money-Making Journey
In conclusion, gaming offers various avenues for making money, depending on your skills and passions. Don’t hesitate to be bold, experiment, and start building your wealth today. After all, whoever said gaming was a waste of time?