You can make money with Virtual Reality. But how?
Let’s find out in the article below.
How to Make Money with Virtual Reality?
- Careers, Jobs & Working
- Training & Education
- Start Your Own Company or Business
- Generate Income by Publishing Apps
- Publish eBook or Digital Book
- Event Management
- Rent the VR Equipment
- Stocks or Investment
- Video Content Creator
- Speaker at Seminars, Forum, or Webinars
- Novelist, Screenwriter, or Scriptwriter
- Social Media Influencers
How to Generate Income With It?
Despite its small size, virtual reality has some potential for making some extra cash.
Careers, Jobs & Working
If you want to get paid for your VR skills, competencies, and knowledge, then getting hired might be the quickest way to do so.
It could be a full-time position or a part-time one. You may earn a monthly paycheck or a weekly one. You can also advance in your professional life by following the right path or succession plan.
Training & Education
You can also use the academic path to earn some extra cash with virtual reality.
You can teach any subject related to VR including mathematics, computer graphics, animations, programming, video games, multimedia, or even the virtual reality subject itself (VR).
You can check out some examples of universities that offer VR classes here.
Start Your Own Company or Business
If you’re brave enough to take risks, you may want to start your own business related to the VR field.
For example, if your business is successful and attractive, then maybe some big companies will buy your business from you and they can make you a millionaire or billionaire.
Generate Income by Publishing Apps
You can also create your own apps such as games, tools, or utilities. Then publish or sell them online through a store like the Apple App Store or Google Play.
If you don’t wish to be bound by the company’s rules, you may choose to become a freelance worker who is hired for specific tasks. Therefore, your commitment is based on the task deliverables.
If the task involves developing software for VR apps, you may require some programming skills such as Unity 3D, Unreal Engine 4, or mobile application development tools.
Publish eBook or Digital Book
If you have good skills and expertise in virtual reality, then perhaps you could share them with others through a digital medium.
You can publish your own eBooks or digital books that you can sell online, such as through ClickBank or Amazon Kindle Store.
If you don’t have the resources to create your own product or eBook, you can sign up for an affiliate program.
You don’t need to spend any time promoting other people’s books or eBooks. Instead, you just need to sell their books or eBooks through Amazon.com.
You can also create videos for YouTube. Your video could be a review of the latest VR gadgets, new VR headsets, “how to” tutorials, or a walkthrough of the game.
Once you’ve reached the YouTube requirements (such as having at least 1,000 followers on your account), you can begin to monetize your videos.
If you’re someone who wants to write articles, perhaps blogging could be a good source of income for you in VR.
You can earn money by advertising on your own website. Whenever visitors come to your website or click on the advertisements, you can earn some money.
If you have any kind of VR equipment, maybe there’s a way you could use it for a VR party or an event.
Rent the VR Equipment
Maybe you could rent your VR equipment for a day or week at a time.
You can rent out any of these items, including VR headsets, handheld controllers, motion tracking systems, or even your own VR studio.
Some may prefer to try it out first before buying it. Others may rarely use it and want to start using it when an event or occasion comes up.
If you’re serious about gaming, you may be interested in becoming a Twitch broadcaster. You would broadcast yourself online while you play a video game.
Popular platforms for doing this are Twitch and YouTube.
Video Content Creator
You can also produce your own videos in VR, either in the 3D 360-degree or 2D 180-degree formats. Some of the subjects include virtual tourism or documentaries.
After which, you can upload it to channels that can support viewing on platforms such as YouTube or the Oculus TV.
Speaker at Seminars, Forums, or Webinars
If you’re someone in the VR industry or if you’ve got lots of VR expertise, you may want to consider becoming a speaker or a member of panels for events like conferences, workshops, or webinars
As a speaker, if you’ve paid for your presentation, you might be given an honorarium by the organization sponsoring the event.
If you have some good images or photos related to virtual realities, you may want to sell them as digital items to sites like Pixabay or Shutterstock.
Novelist, Screenwriter, or Scriptwriter
If you’re an artist who has a creative and imaginative mindset, you may want to create something amazing using VR.
If you’re interested in writing novels, screenplays, or scripts, then you can write them because they’ll appreciate it more than if you just wrote something out of curiosity.
Social Media Influencers
You could choose to be an influencer who specializes in virtual reality or a niche within the virtual reality space.
You can build up followers from social media platforms such as YouTube, TikTok, and Instagram. Usually, you earn revenue through sponsorships or by placing products in your videos.
VR is still a niche market, but there are some things you can do to make some extra cash with it.
You could be hired by companies to help improve their virtual reality (VR) experiences.
You can also earn some extra cash by creating your own VR apps, eBook, or digital book.
You can also earn money by becoming a freelancer, blogger, photographer, video producer, etc.
I hope this article helped you understand how to make money with virtual reality. Feel free to comment below if you have any questions.