Have you been searching around the net try to find answers of how to make money online in Nigeria? Worry no more because today, am going to show couple of ways you can make money online in Nigeria.
There are amazing opportunities of how to make money in Nigeria without scamming anyone. Great measure of hardwork, focus,persistence and knowledge are required if you thrive in any of the business I will be listing here.
Not all online businesses are legal or legitimate and many Nigerian Youths have fallen unfortunately fallen prey.
Below are some listed ways inwhich you can legitimately use to make money online in Nigeria.
How To Make Money Online In Nigeria 2020
- Affiliate Marketing
If you’ve got a good presence on social media or perhaps you even have a blog or website, you can start bringing in money immediately by promoting all sorts of companies, products, services and offers online. You can even apply to affiliate programs of some notable brands in Nigeria such as Konga and Jumia Affiliate Program and other available Affiliate programs.
- Create An Online Store With Drop Shipping
Do you think you can now have an online store without actually having one?Drop shipping is the new way people make money online without spending a dime!
Drop shipping simply is a business model where instead of purchasing a large amount of inventory (goods or products), you simply partner with a drop shipping supplier (manufacturer) and list their merchandise for sale online i.e. websites, Instagram or Facebook.
Once you receive an order you forward it to the supplier for fulfilment (supply to a customer), the supplier will ship (or transport) the product directly from their warehouse to your customer, and charge you only for the price of the shipped item.
You send your drop shipper the orders that come in, paying the wholesale price for each order.
Whatever prize you sold for the customers will be deducted from the wholesale prize and that’s your profit.
Assuming a customer orders a tuxedo suit that you sell at N50,000 and the wholesale price from the drop shipper is N28,000, your profit is N22,000. The merchant will charge you shipping fees through which is just a token compared to what you’ll make from the business.
- Start a YouTube Channel
Another way to make money online in Nigeria is through running a successful YouTube channel.What do you have to do? Choose a topic you are interested in or passionate about or both.
Start creating captivating videos on those topics. Your videos must be clean and neat so as to attract the viewers. No one wants to waste their data watching a lifeless soul on their YouTube, so make it really very exciting.
To start with, tell your friends and family to subscribe to your channel so you can start having views.
Okay, it’s that easy, I agree. So, I have gone the extra mile to research how you can really build subscribers fast on YouTube and start getting paid.
After creating ‘out of this world!’ videos, start announcing! Yes, announce your new videos to your social media to connect and start getting viewers and subscribers gradually.
Once you have followed through this process, repeat it until you start making money online through YouTube. Now, looking forward to seeing your YouTube channel at the top.
- Write for website
Companies and bloggers are always looking for professionals to write for their websites and blogs in exchange for some money.If you love to write, why not start taking advantage of this demand.
You do not have to be the best writer in the world to start offering writing services. With a burning passion for writing, you can always learn on the job.
Also, there are lots of tools available these days to make writing easy. Grammarly, for example, is one tool I find very useful when it comes to writing error-free articles.
You could consult Google for a list of tools that can help you write better.
- Become a Virtual Tutor
Another way to make money online is by teaching others what you know. You can become a virtual tutor and engage in one-on-one tutoring sessions or even host Webinars to help people directly with any number of topics. Nigerian websites like Tutors NG allows users to monetize their knowledge by creating online learning materials for others in need of specific knowledge.
Freelancing is a model that allows you to work on a project-by-project basis, without being permanently committed by a specific employer. You would have the benefit of being able to choose your clients as well as flexible working hours. The flexibility makes it a popular means to make money as a student or as an intentional way of life.
The skills that are popular with freelancing are:
- Graphics Design: you can design logos, brochures, business cards, etc.
- Web Design / Development: you design and/or develop web sites or apps.
- Social Media management: you can manage the social media profile/accounts for small businesses
- Blogging: you can write articles or blog posts for others.
There are several freelancing websites out there. The popular ones include:
- Hubstaff Talent
There is no doubt that blogging is still the number one opportunity to make money online in Nigeria. This is the best and hottest online business in Nigeria currently and anyone can do it.
Blogging is all about sharing information. It could be about anything. From news, politics, sports, animals, jokes, local stories, anything at all. You can start a blog about anything.
Once you start a blog, you get traffic to your blog. Then you can use Google AdSense, affiliate marketing and other methods to make money from your blog.
The good thing about blogging is that if you work hard and build your blog, you will be making money while you sleep. You will wake up and see dollars in your AdSense account. Even while you play, travel or eat, your blog is making money.
It can make you rich. It can make you a millionaire. But the challenge is doing things right and building your audience. Not to worry, we have a solution for you. If you are interested in blogging you should read this: 10 Words You Will Meet On Your Blogging Journey As A Student
Create and Sell Ebooks
Electronic books shortened as ebooks can create a regular streams of income for you if you venture into it. If you are really keen to improve your financial situation, I will recommend you start creating ebooks.
On the positive side, ebooks are easy to create and sell online. One of the greatest advantage of creating ebook to sell is that you do have overhead cost. You also do not have to look for a printing publisher to sell it for you.
How do you earn money selling ebook?
There are two ways to do this and these ways are simple –
(i) create ebooks and sell on your own website;
(ii) Create ebooks and sell on other peoples’ website;
(iii) Create ebooks and call on affiliates to sell for you; and
(iv) Sell ebooks for others.
One good thing about the ebook model is that you can combine all the variuos ways mentioned above.
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