Mobile Money Maker Information

How To Make Money With Your Smart Phone

You might have purchased a smart phone so you could show off the device to your friends, but that new toy is actually a potential profit center, capable of making money for you. You already know that it can surf the web, scan bar code, and edit documents. Now start thinking about how it can also generate revenue. Here are three ideas to get you started:

Smart Phone money Maker #1: Scan items for resale. People who are just getting started in on-line selling (whether on eBay, Amazon.com, Half.com, or some other site) are also asking where they can find low-cost inventory to resell on-line. The truth is that potential inventory is everywhere, and the primary challenge is determining whether it is low-cost. Fortunately, smart phones have a number of applications that scan bar codes to compare prices; various third-party developers have created such programs (e.g., ShopSavvy and Barcode Scanner) and a few major on-line retailers have developed such applications (e.g., Amazon's android application and Google's "Goggles" application). Go to a store and scan bar codes of sale items using your show-off device (i.e., your smart phone). The scanning applications will instantly show you prices on-line. If the in-store price is substantially lower than the lowest on-line price, there is a good chance that you can buy the item, resell it on-line, and make a profit. Presto: Your smart phone is a profit center.

Smart Phone Money Maker #2: Telecommute. Smart phones aren't just for on-line entrepreneurs; you can also use them to do traditional work. If you have an employer who is gracious enough to let you work from home, a smartphone will let you turn work-from-home into work-from-anywhere. You can respond to client e-mails from the barber shop or Denny's. You can revise a report while waiting at the DMV. You get the idea: Many tasks that telecommuters used to perform at home can now be performed on the go via a smart phone. Don't do this if your employer objects. Otherwise, though, this is one more way to turn your show off device into a profit center.

Smart Phone Money Maker #3: Freelance. If a smart phone makes your traditional work flexible, imagine how it will transform your already flexible freelance work. If you do freelance work on-line (e.g., on elance.com or one of its many capable competitors) or off-line, a smart phone is a valuable productivity tool. If you are stuck in line at the post office, get on your show-off device and bid on a few freelance proposals. If you need to do research for a client, don't bother to check out library books and carry them home; instead, go to a library or bookstore and photograph the pages you need. Bettery yet, use an OCR application (like Alchemy Clip) to convert your photographed text to copy-and-pasteable text. With a smart phone, you can carry your freelance business in your pocket, transforming it into a mobile profit center.

Some devices are simply intended to show off one's technical savvy, but then there are legitimately useful devices like smart phones; if you use your smart phone right, it will make money for you and, potentially, become a major profit center.