4 Distinct Ways to Earn Using a Mobile Phone

One can make a reasonable amount of money through surveys. The activity is quite simple. As a registered user, you get to give an opinion to survey companies subcontracted to obtain data for their market research. The registered user will have to create a complete profile to receive relevant survey offers that align with their preferences and interests. Once they complete the survey, they’ll receive compensation for their opinion. Although the pay is not exceptional by any means, it is a way to get some extra dollars while giving feedback on everyday products. 

Investments can take various forms. There are mobile money makers who trade or predict outcomes in a given scenario, like an ongoing football tournament. However, these are extremely high-risk ventures. Such ventures can be classified under gambling and have detrimental impacts on health as they can lead to massive losses and addiction. On that same line of thought, addictions can lead to suicide or substance abuse. Therefore, users should exercise caution and expertise before making investments of this type.

Other safer investment methods are the long-term ones recommended for plans like retirement. Several mobile apps support such programs:

Freelancing is a broad industry, but mobile money makers can draw extra income by offering services or performing small tasks. New technology has bridged the gap between service providers and consumers. Using an app, an individual can profile their services and skills in their neighborhood or city, like errand-running or cleaning services.

Another way to maximize the income-generating use of your mobile device is to perform freelancing micro tasks similar to surveys but of different nature. Some companies require traffic or email creation, and they subcontract websites that contract service providers for these services for a fee. Below are some certified websites to consider:

• Microworkers – the tasks pay about $0.05-1.00 each. The minimum payout is $9.00. The transaction fee varies depending on the chosen cashout method.
• Clickworker – the tasks pay about $0.001-0.05 depending on the complexity of what you have to do. The minimum payout is $5 or $10, depending on the payment method. 

This strategy is one of the most rewarding ones for mobile money-makers. Unlike the abovementioned ways, some people make six figures or more in affiliate programs. The process is very straightforward, even for a beginner, but may require patience. The affiliate has to own a social media account, website, or podcast. With it, they redirect clients to companies they partner with using their distinct affiliate links. Individuals visiting the site or making purchases through these links help you receive a small fixed commission or an agreed percentage for each sale or click.

One advantage of affiliate programs is that the affiliate is not limited to one company. There are two types of affiliates: relatable and unrelatable. Relatable affiliates market products that are directly associated with their niches. For example, if the affiliate hosts a women’s show or writes women’s blogs, they promote female products. Conversely, unrelated affiliates do not necessarily sell products associated with their niche.