In today’s digital age, our smartphones have become indispensable tools that we use for everything from communication to entertainment. But did you know that your phone can also be a powerful tool for making money?
In this article, we will explore some of the best ways to make money with your phone, from investment apps to selling photos and videos on stock photography websites. We’ll also look at other options like social media and freelance work.
Whether you’re looking to supplement your income or turn your phone into a full-fledged business, there are countless opportunities to earn money using your smartphone. Read on.
How to Make Money With Your Phone
1. Social Media Management
Being a social media manager is one of the best ways to earn money on your phone. Businesses need someone to handle their online presence and help them create content to reach their target audience. You will be in charge of their social media platforms like Facebook, Instagram, TikTok and the rest. To do this effectively, you will need to have these apps on your phone and other social media management tools. You can decide to handle social media pages for more than one business to help you earn more.
2. Investment Apps
There are tons of investment apps like Cowrywise you can earn income from. Investment apps allow you to invest in stocks, mutual funds, ETFs, and other assets through your phone. While investing may seem risky, it can provide long-term returns if done correctly. Investing in stocks or mutual funds can be a great way to grow your money over time, but it requires patience because it’s not a get-rich-quick scheme. It’s important to research before investing and diversify your portfolio to reduce risk. Many investment apps also provide resources to help you make informed investment decisions. But note that investing means you should already earn some money to be able to invest at least the minimum amount.
>> Learn more about Investing for beginners.
3. Freelance Apps
Freelance apps serve as a middleman to connect freelancers with clients. Apps like Upwork, Freelancer, and Fiverr offer unlimited freelance jobs like writing, customer service, design, marketing, etc. All you need to do is set up a solid profile and submit proposals. Although these apps are incredibly competitive, you must submit high-quality work and communicate well with your clients. However, the downside is that you may need a laptop to make your job easier, as some jobs may be harder to do with just your mobile phone.
>> Learn more about How To Make Money On Fiverr
4. E-commerce store
Setting up an E-commerce store means selling goods and services to people online. You can manage your store, fulfil orders, and communicate with customers. You can create a professional website to boost your business’s reputation; everything can be done with your phone. The rise of e-commerce platforms like Jumia, Jiji, Flutterwave store, and Shopify has made E-commerce easier and more exciting.
5. Social Media Influencing
If you have a strong social media presence with a considerable following, you can use it to make money. Social media influencing has become a trendy way for businesses to increase their visibility and sales. You can earn money through brand partnerships and sponsored posts. Your role as an influencer is to create and share high-quality content that connects with your audience and matches the values of the brand you’re working with, especially on visual-based platforms like Instagram, TikTok, and YouTube. You can collaborate with brands to promote their products and services and receive monetary compensation or other rewards.
6. Online Tutoring
Online tutoring means teaching students virtually using video platforms. You can use your phone to connect with students. You can conduct remote lessons and communicate virtually with your students through your phone. This is an excellent way to earn money because online certification courses are in demand for ease and convenience. Some platforms help you with tools and resources to help you manage the process, like lesson plans and communication channels. You can teach various subjects or programs ranging from academic to professional, like City Tutors, Compass Tutors, Prep Class, etc. To succeed as an online tutor, you need to be patient, communicate properly, have teaching skills, have a strong grasp of the subject, and be open to various teaching styles.
7. Virtual Assistance
The demand for virtual assistants has grown over time due to the shift towards remote work and digital communication. Virtual assistants provide remote administrative support to businesses and individuals. You can assist with email, social media management, data entry, scheduling, customer support, and more as a virtual assistant. You can work as a freelancer and use your phone to communicate with clients through messaging apps or phone calls. The advantage of being a virtual assistant is that you can work from anywhere, set your own schedule, and choose your preferred tasks. It’s a flexible and convenient way to earn money through your phone.
8. Affiliate Marketing
Affiliate marketing is online marketing that promotes products or services others offer in exchange for a commission. You can market the products by sharing their links on your blog, social media channels, or website. You get paid a commission whenever someone clicks on your unique affiliate link and buys a product or service. To succeed in this type of marketing, it’s important to select the products you want to promote carefully, have a strong online presence, and create engaging content that appeals to your audience.
9. Delivery Services
With the rise of delivery apps, earning money on your phone as a delivery person has become more accessible. Delivery apps such as Chowdeck, Glovo, and SendErrand offer an opportunity for people to make money by delivering food, groceries, and other items to customers. You can use your phone to accept delivery requests and communicate with customers as a delivery person. The apps provide you with all the necessary information about the delivery. Many apps offer incentives and bonuses for completing a certain number of deliveries. While delivery work can be flexible and easy to get started, it can also be physically demanding and require good time management skills.
10. Selling Photos
If you have a passion for photography, you can make money with phone photography. Phone photographers have become popular over the years as they narrow down rather than generalise. There are now food photographers, product photographers, etc. You can now take and sell high-quality photos on platforms like Shutterstock, and iStock, among others, and earn a commission as long as the picture remains on the website and people purchase them. You can also go the NFT route, upload your photos on an NFT marketplace like Opensea and monetize your digital work. However, this comes with some technicalities, and you need to do your research before starting.
Your smartphone can be a powerful tool for making money. By exploring the various options available, such as outlined above you can start earning money from the convenience of your phone.
And when you start making the money, put your money to work too. Start saving and investing on Cowrywise. 👇🏼👇🏽👇🏾👇🏿