How to earn money from programming? Must know these top 5 strategies.

Hey! if you are a programmer and want to know how to earn money from programming, then you have clicked on the right page. Here are the five major strategies along with the links that can pay off your work.

  1. Monetize your apps
  2. Freelancing
  3. Be an online educator
  4. Create an online course
  5. Become an influencer.

It’s usual to go for technical interviews & write exams for getting a formal job in a company, it may or may not be satisfactory for everybody. Whether you are an employee or a learner doesn’t stop you from trying out any of these ways for earning more money. If you’re determined, then destiny is waiting for you.

programming , how to earn money

There are plenty of routes through which you can earn money or monetize your mobile app. Below are several strategies elaborating on this topic.

sell your source code

If your hobby is to make android or ios apps so the most common way of monetization is to launch either a free or paid version of your app. For instance, you can upload them to the google play store. In addition to this, you may also sell software or other source codes on the following sites.

a) b) c) d) etc.

The free app with in-app purchases & subscriptions

Under this approach, the app developer may restrict certain features in the free app to influence the free app user to buy some features or upgrade to the paid app. In other words, if the user would like to advance further in the app, say get extra lives in a gaming app or enjoy certain premium features in an editing or dating app, then they will pay-to-play.

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monetize the free app with in-app advertising

This app monetization strategy is unexceptional. This method provides the developer a valuable source of revenue for apps that want to remain free in the app store. However, if you’re going to be running ads in your mobile app, you have to be familiar with the industry’s terminology and how to approach advertising monetization to earn money.

There are three types of ad revenue: “Cost per Thousand Impressions (CPM)“, “Cost per Action (CPA)“, and “Cost per Click (CPC)“. In addition to this, the popular ad formats are Banner ads, Interstitial ads, Video ads, rewarding video ads, etc.

A study by OpenX also found that 77% of users would watch an ad of the 30-second if they were rewarded with a discount from a retailer.

The paid app model

In some cases, developers can make their apps accessible only in the paid version. Usually, these apps are highly productive. If you go through this route, the apps you create must offer enough value or unique functionality that meets the user’s needs. Otherwise, building up the user base to earn money from your app is quite tough at times.

The partnership model

If your app gets popular in a niche market, then you may look for a partnership with the companies in that space or approach the other app developers for sponsorship opportunities to get their brand in front of your app users. The larger the user base will be, the more is the opportunity of monetization through brand sponsorship or partnership.

See also  Seven Steps to Become a Web Developer.

2. Freelancing

Essentially, a freelance job is one where a person works for themselves, unlike for a company. As freelancers do take on contract work for companies, organizations, or individuals they are eventually self-employed.

It is most efficient to start with the skill that you already excelled in. If you have ever been paid to do a particular work, chances are that you’re pretty good at it. That’s a skill you can start a freelance business with.

Along with registering and building your profile on freelancing platforms, you can also connect with clients via social media platforms. It doesn’t matter if the job was full-time or part-time, as long as you are being paid. Though freelancing as a side hustle is a great place to start.

Once you land a job, the next step is to make sure that you deliver the project just as the client has asked. Following are the few most popular freelancing sites where you can work as a freelancer.

a) Upwork b)Toptal c) Guru d)Freelancer e)Fiverr f)Peopleperhour

3. Be an online educator

Another smart way of making money from your coding skills is to post long or short tutorial videos. For which becoming a Youtuber is a good idea. Apart from generating income it also helps in creating a huge specific customer reach. Apart from this, you can create profiles on learning platforms such as Udemy, Spayee, etc. There’s a vast range of programming aspirants who won’t hesitate to pay for a competent educator.

4. Create an online coarse

If you’re a pro in putting words together to make a teachable curriculum, then it’s probably time you put an ebook up for sale. Both beginners and pros opt for such helpful material. The more will be its need the more is its reach. So whenever you write such books or make any learning materials related to programming, you should better market or advertise them to your target audience via various social media platforms.

See also  Must-Read Books for a Software Engineer.

The best buyers for your books are Amazon, eBay, or Bookfinder. However, to reach a much larger audience, in the beginning, ebooks are a better option.

5. Become an Influencer

If communicating through writing becomes your love, you can start writing blog posts on topics such as “how to solve coding problems”, and other related content. Though earning money from your blog can take a certain period of time, it’s worth giving it a try. Along with earning directly, blogging or posting about your programming can also help you to reach your desired business partner. Making an Instagram profile is a good idea. After gaining a certain amount of popularity you can even charge for promotion or advertisements of other brands or pages.

In addition to Instagram, you can opt for other platforms such as Facebook, Twitter, telegram, etc as well. However, the way you dedicate yourself to it matters the most.

You can also check 10 cool and easy python projects.

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