Are you a game player, a developer, a coder, or a designer, wondering how you can make money online? Here is a list just for you on how to make money on Steam.
A Guide On How to Make Money On Steam
Making some extra money from doing nothing? I don’t think there is anyone who wouldn’t want to make some extra cash. The internet has become a great source of platforms that offer users the chance to make money without doing much. In this comprehensive guide, I will show you just how to make money on Steam.
If you are a video game player, Steam offers you opportunities to make money for doing what you still would have done. Therefore, if you were wondering how you can make some extra cash, Steam is an awesome platform for that.
Steam Trading Cards might be just that magic ticket that you never knew can put some extra dollars int your wallet.
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However, before we can learn how to make money on Steam market place, let’s look at what it all entails.
What is Steam?
Steam is one of the largest video game digital distribution software which was created by Valve Corporation. The platform was launched in 2003 with the aim of enabling Valve to offer updates for their games automatically.
However, over the years, Steam has expanded to contain games from third-parties.
Therefore, the platform not only offers an opportunity to make money for game players but even game designers, developers, and coders can also earn from Steam.
Currently, more than 18% of all PC game purchases, are made through Steam, and it has sold more than $4.3 billion games.
Therefore, if you wish to earn something extra when playing games or developing them, Steam is the place.
But How Does Steam Work
As you spend some time playing certain games, Steam, on the other hand, drops trading cards into your inventory. These cards are basically some digital pictures which independently serves no purpose. However, a complete set of these cards can be made into a badge.
Since by playing the games, can only help you obtain half of the cards required to make a set, then it makes it necessary to purchase the missing ones from someone else.
This requirement has brought about a market through which digital cards that possess no monetary value are sold or bought for real money.
Ways to Make Money On Steam
There are two major avenues you can follow to make money through Steam. One is trading items on the Steam Market, and the second one is to develop a game and try to sell it through Steam Direct.
Apps That Give Free Steam Codes
There are numerous apps and websites that will let you earn points when you perform certain activities. When you gather enough of these points, you can then redeem then as Steam Codes if you don’t want to withdraw as cash.
The following are apps that you can join to earn Steam Cash for free:
Get Free Amazon Gift Cards
Good news! There are plenty of ways to get Steam cards. You just need to get Amazon gift cards.
Want more good news? It’s pretty easy to get free Amazon gift cards these days. Here are some of my favorite apps that will give you a combined $35 in free Amazon gift cards.
Then, you take the free Amazon gift cards and buy a Steam card through Amazon.
- Swagbucks: Get $5 free signing up and continually earn credits by taking surveys
- Survey Junkie: You can earn points by taking surveys and then redeem your points for cash
- Ibotta: Ibotta is a cashback app that will give you Amazon gift cards as credit, you simply need to scan receipts after making a purchase
- InboxDollars: Get $5 free when you sign up
- Drop: Get $5 free simply by signing up
- Opinion Outpost: Get $10 free when you sign up
Here is a summary of all your options for Amazon gift cards with signup bonuses. You earn all the money upfront so you are good to go from there.
You can then use these apps to continually earn more Amazon credits.
Now, go out and buy your Steam card.
With PrizeRebel online surveys site, you are required to complete their free surveys, and get paid. The site has a large pool of over 8 million people and has paid over $17 million to its users.
After you complete the surveys, you will earn points that you can redeem later after you reach a certain threshold.
The points you earn in the PrizeRebel website can be redeemed in various ways, including Steam wallet codes, Amazon gift cards, and Walmart gift cards, among others.
The Steam wallet codes can be used to purchase items and games, in the Steam Market.
Another great application that you can use to earn Steam codes is GrabPoints. The app works in almost the same way as PrizeRebel, although it contains some extra features. Here, you are paid to take surveys, watch TV, download apps, and test them, among other activities.
Every activity you undertake will earn you points that you can later redeem after you hit a set threshold. You can convert the points into Steam wallet cards or withdraw as cash through PayPal.
Rakuten is one of the best ways to get free Steam cards. Rakuten is a cashback app that gives you cashback every time you shop online. You can earn either cash or gift cards for making routine purchases at places like Amazon, eBay, Walmart and so many more. So every time you buy a new game, you’ll earn money.
That’s not all. Rakuten will give you a free $10 Walmart gift card simply by signing up.
You can then use that gift card to buy a Steam card via Walmart.com.
Boom! Now you have free Steam codes.
eBonus.gg pays you to complete some easy online tasks on your laptop or smartphone. The platform may require you to watch videos, or their live stream and give your opinion, among other activities.
When you complete these activities, they pay you in the form of coins which are redeemable to cash or gift cards. After the accumulation of coins to the set threshold, you can convert them to buy games, codes, or skins.
Steam codes are one option you can use to receive your payment.
GiftHulk is another awesome online application that allows you to make quick money. The activities that will earn you money include playing games, watching videos, and other simple tasks. When you are through with these tasks, you will receive payment in the form of points, which they refer to as Hulk Coins.
Also, you have an option to withdraw them as cash via PayPal.
Therefore, if you wanted to learn how to make money on Steam, I believe now you know. All these methods will help you earn something from this vast marketplace.
See Related: 8+ Epic Ways to Get Pay to Play Games
Make Use of Steam Market
For the game players, this is how you can make money through Steam. The steam Market offers you a platform where you can trade items you earn when playing games.
These items may include trading cards, as well as in-game items.
The major shortfall with this method is that you don’t receive actual cash that you can withdraw from your account. The money that you earn when you sell your items goes direct to your Steam Wallet.
How to Trade And Sell Items On Steam Market
The easiest and most effective way for you to understand how to make money through Steam is to use the Steam Market. By playing games on Steam, you earn trading cards and items, which you can save and sell later on the Steam Market. The proceeds from your sale of items and trading cards are then credited in your Steam Wallet.
Although the money you make from these sales cannot be withdrawn from the Steam Wallet, it can be used to buy games or other items from the Steam Market.
The process of making money here involves first saving the cards you earn and selling them later.
In every game you play, you typically receive three cards. The cards vary in value, with some valued at only some few cents while others are worth more than a few dollars.
Earning these cards is automatic, and it’s dependent on the time you spend while playing the game. The first card comes after only 15 minutes of gameplay while the second one comes after you’ve played for two hours.
Also, some games will drop some in-game items which are tradable in the Steam Market. The popular games will offer more valuable items than the less popular ones.
As soon as you accumulate enough items, you can list them in the Steam Market for sale. The sales are automatic when a user opts to purchase your items.
See Related: 8 Ways to Get Paid to Play Games
Distribution of Original Games On Steam Direct
The only way for you to make actual money on Steam is to distribute original games on Steam Direct. Through this method, you will get paid depending on the revenue from your game sales. This will include even the in-game purchases.
However, unlike selling items in the Steam Market, distribution of games in on Steam Direct may require a bit of investment. First, you will have to invest both your time and energy to develop the game before you can earn. Secondly, you will have t invest some $100 to get your game added to Steam.
This, therefore, means that it will require more input to earn through Steam Direct than in Steam Market.
However, Steam Direct has the advantage of getting you more money and money that you can withdraw into your account, unlike Steam Market. Steam Direct, therefore, offers more potential for higher profits
Apart from adding more effort and investment, Steam Direct have also changed the rules and guidelines governing the distribution of games.
They currently offer stricter rules for acceptable content. This, however, should not limit you from earning with them.
If you make great and acceptable games that people will love, there is immense potential for you to make money online with Steam.
How Much Can I Make On Steam Direct?
Here, there is no definite answer to that question as your revenue will depend on the number of game copies you sell. For example, if you sell 1,000 copies at a price of $1, it means you have $1,000. The higher the number of game copies you sell, the better for you.
However, you should also note that you will not receive the whole amount out of your sales. Steam usually take 30% of your total sales as their commission.
Therefore, if you have sold $1,000, you will receive 30% less from this amount which will be $700.
One thing you should also note is that the initial $100 deposit is non-refundable until you surpass a payout limit of $1,000 by Steam.
See Related: Get Paid to Search the Internet
How to Increase Your Sales On Steam Direct?
The only way to increase your revenue in Stream Direct is if you sell more games. Therefore, you should find ways of increasing the number of copies you sell.
The first thing that can help you sell more is to ensure that you release a game that is fun to play. If players love the game, you can be sure to have more sales. Also, you should ensure that you attract positive reviews since it will increase the chances of your game being successful.
If you have negative reviews, most people won’t be willing to purchase your game, which will translate to less money. Positive reviews make people who have not tried the game, to want to try.
Another thing is to ensure that you include a game trailer and quality screenshots. Most people want to have a glimpse of how the game is like before they can play or purchase.
Therefore, it’s wise to have quality features that will attract game players.
Game Designing And Coding
Independent game developers in most cases are looking for designers and coders who have skills to help them develop the games they sell in Steam Direct. Therefore, if you are a freelancer developer or coder, you can make money indirectly through Steam Direct.
You will mostly get these opportunities by participating in discussions or browsing through Steam forums.
Also, you may find staunch gamers who are ready to pay you good money to create original artwork for them. They use this artwork for their profiles on Steam, as well as in-game content.
This is a great way of earning Steam money indirectly.
See Related: Proven Ways to Get Paid to Chat
Conclusion On How to Make Money On Steam
Although you don’t receive actual cash on Steam Market, Steam Direct can help you make a substantial amount of money. I hope this guide on how to make money on Steam gives you in-depth information on this great method to make money online.
Do you think Steam wallet is a great side hustle to earn extra cash? Drop your thoughts in the below comments section.
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