A programmer is a creator. You know, you can create applications (be it web or mobile). Why don’t you create an app and make money out of it? If things work in your favour, you may even be able to make it a full time business.
Making money from an app is a passive income model. You create an app as a product. People download your products (or subscribe to your Software as a service (SaaS), and as long as they keep using it, you’ve an income opportunity.
Based on your skills & expertise, you’ve different opportunities to create an app. For example, you’re a PHP developer with good experience in WordPress CMS platform and Magento shopping cart platform.
5.Programming Contests & Bounties
Do you like to try a fun way of making money coding online? I am speaking about bounty programs and contests! Unlike other methods we discussed so far, this is not a sure shot way to make money programming. But its definitely fun and explores the skills in you.
A bounty program usually rewards you when you find a security issue /bug and report it with proof (how to reproduce the bug). All big companies like Microsoft, Intel, Facebook, Github, and many thousands of other companies run bounty programs related to security.
For example, Github offers 30,000 US Dollars as bounty rewards for anyone who submits a valid critical security issue. They have various bounty rewards, the simple ones starting from 500 USD. Just like Github, many other companies have bounty rewards in different categories.
The problem with bounty programs is that, you cannot ensure a steady flow of revenue. Just as the name ‘bounty’, you hit a jackpot when you actually find a critical vulnerability. If you cannot claim any valid security issue, you don’t get a penny!
If you’re good at developing games, you can make passive income. Games are a combination of good designs, 3d models, and programming. If you lack any skills, form a team (2 or 3 persons) to compliment your skills.
Upload your games in Google Play Store or iOS App store or other popular game marketplaces.
You can monetize games using in-app advertisements and in-app purchases.
Making money from advertisements is an easy to follow route, but often not producing great returns (unless you get millions of downloads).
The best strategy to make high returns (money) is to adopt in-app purchases. Design your game strategically that forces players to make purchases to win the game.
7.Go Local – Get Projects
As an expert web developer or programmer, you can always make extra money by taking consultation projects. Do you know you’ll get many projects from the local area you reside in?
For example, you’re a mobile app developer living in London, United Kingdom. Many startups and small businesses would be searching locally (in London) for app developers who can help with mobile application development.
If you list yourself in local directories, you’ll get reach to those who search local developers. Google My Business is a great option to get projects locally. I’ll show how.
If you’re not familiar with Google My Business, it is the Google maps based results we get when we make a query in Google. A result screenshot for the query “web developers near london” is shown below.
If you can setup an office address in your home or some co-working space near your place, you can also list in Google My Business. Once you get listed in Google My Business platform, you can improve the listing to rank higher for search keywords related to your niche.
I’ll show you some interesting data about keywords. Let’s find out how many people search with the keywords “web developer” and “mobile app developer” from the London area.
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