Alright, here comes the article you have been waiting to read. It talks about how to make money online in Nigeria. with these top 20 online businesses, you can start earning good extra cash with little capital investment.
If you are looking for ways to make extra income or to have your dream financial breakthrough, the internet is the best place to begin.
In recent times brick and mortar businesses have become outdated, this means that even when you have a physical business you that run, you might be thrown out of business if you fail to take it to the world through the power of the internet.
There are a lot of reasons you should start thinking about making money online. One of the beautiful aspects of this business is that you have no boss. you are in control of your time. Even as a student, you can still find enough time to engage in some of these businesses to take care of yourself in school.
With the power of the internet, you may not need to job-hunt. You can be in the comfort of your home and make millions silently. You will work when you want. The possibilities that the internet provides is endless.
Need to know how to make money online in Nigeria? Below are the top 20 things you can do within the comfort of your home and smile to the bank regularly.
Blogging is unarguably one of the best ways you can make money online in Nigeria. With blogger.com or even WordPress that makes it easy for anyone to build a website in minutes, anyone can go into blogging.
Blogging is about sharing relevant information that people want to know about. It can be anything from gossip, politics, to even animals. And then gradually you can start to monetize through relevant ads.
2. Affiliate Programs
This is one of the most reliable ways you can make money online. If you are a good salesperson, you can make millions from affiliate marketing while you sleep.
In affiliate marketing, all you need to do is to recommend products to people with good reasons why they should buy such a product. You get a commission for any purchase done through you; you will receive a commission. It is as simple as that. You only need to choose an affiliate program; either Jumia or any affiliate program, the social media platform as a tool, and a little talent for convincing people and you are in the money.
Do you have any skills that you need to sell to people? Freelancing is selling your skills online to get paid. If you are looking for how to make money online in Nigeria with little capital investment, this is the best place to begin.
In freelancing, you need your talent, a computer, and an active data connection. You could be a web developer, graphic designer, writer, proofreader, etc. Just sign up with a freelance agent or website, preach your skills and people will buy your services as long as you are credible.
This is one business that you can make millions from the comfort of your bedroom. I am sure you have heard of Jeff Bezos. Today, he is the richest man in the world, and he is into e-commerce.
e-commerce business is all about buying and selling things online. If you can build your e-store, and buy directly from the manufacturers, you could be smiling to the bank every day.
5. Digital Marketing.
Digital marketing or social media marketing is more of a consultancy service. In this business, you only to help businesses to reach their audience on the various social media platforms. Companies are ready to pay you millions to help them reach their target clients or audience, as long you know what you are doing.
6. Become a Social Media Influencer
Influencer marketing is a popular marketing strategy that everyone talks about. It has become one of the most lucrative marketing phenomena, and anyone can do it and make a living out of it.
In all the major industries across Nigeria, the number of influencers increases by the day. Also, different brands use it to reach their potential clients and customers.
If you have a large social media following, you could be the next wealthiest person in your nieghbourhood. All you have to do is to become an authority in a particular niche, it could be fashion or anything. And soon brands may begin to contact you to help them reach their target audience in that niche.
7. Create Courses Online
Creating an online course is one of the best ways to make money online. Creating and selling courses online can make you rich, however, it involves a lot of work.
An online course is simply something you can design to teach people certain skills online and get paid. For example, if you are an expert in web development, you can create a video course about the step-by-step processes of developing a website. Whenever anyone buys your course, you make money.
8. Forex Trading and Binary Options
You can make a lot of money trading forex. However, this requires a certain level of skill. As long as there are different currencies in the world, forex trading will still be a big source of side income.
9. Do YouTube Video Blogging.
If you have a passion for making videos and you are not shy to use your camera, you will make a lot of money by doing YouTube Video blogging. You can earn a lot of money through the ads shown on your videos. The more views you get on your videos the more money you make.
10. Trade Cryptocurrencies
Although the business of cryptocurrency is a volatile one, it is still one of the most lucrative investments you can make online to generate extra cash for yourself. However, you must understand the market. Buy your Bitcoin or any other Cryptocurrencies when the price is low and sell when the price is high. It is relatively effortless. You need to monitor the market and trade at the right time.
After Bitcoin and other cryptocurrencies were introduced some years back, many businesses have accepted the Cryptocurrency as a payment method. There are speculations that soon, cryptocurrency will replace the paper money we use today. But we do not know how true that is, what we know is that it will help you make a lot of money with little investment
11. Become an Expert in Search Engine Optimization.
Search Engine Optimization is one of the lucrative services you can offer. Platforms that engage in content marketing understand the usefulness of SEO and they are ready to pay huge amounts of money to rank the content they provide.
12. Engage in Market Research
Participating in any market research is also a sure way of earning extra cash even as a student. Market research usually requires students because they constitute the largest demographic for the establishment of most businesses. Businesses usually invite students to get their thoughts about the products they intend to sell to the general public.
13. Become a Virtual Assistant
If you are looking for how to make money online in Nigeria, becoming a virtual assistant is one of the ways you can earn extra cash. It involves assisting someone online to perform certain tasks. This can earn you a good amount of money if you play your part well.
14. Publish and Sell a Kindle eBook
A kindle eBook is one sure way of generating passive income consistently. Many shoppers visit Amazon daily to search for products, therefore, publishing a Kindle eBook on Amazon is sure to earn you some cash.
15. Build and Sell Website on Flippa.com
Flippa is an online platform where you can buy and sell different websites. This type of business is suitable for people who have an in-depth knowledge of website development.
16. Buy and Resell things on eBay
This is the most popular platform to buy and sell things on the internet. You can buy and resell anything for a higher price on eBay, from clothes, books to even cars.
17. Sell Hand-made and Crafted Items
In Nigeria, there are a lot of craftspeople who make a comfortable living with their arts and crafts. Arts and crafts are usually beautiful items that people admire and love to own. If you are good at arts and crafts, you can make beautiful items or buy them and resell on platforms like Etsy.
Though it takes a lot of time and effort to stamp your reputation, it is one of the best strategies you can employ to start making extra cash for yourself online. All you need to do is to have the ability to recognize what the market demands at every point and be ready to provide it.
18. Become a Member of Leapforce
Though Leapforce is a company based in the United States, it offers anyone from anywhere the opportunity to work at home (online) and make extra cash.
19. Do Freelance Photography and sell Photos
This business is suitable for those who have a passion for photography. You can take beautiful photos and sell them in photo market places like Pixabay. All you need for this business is a good camera and photography skills. Your success in this business depends on your ability to take stunning photos of various beautiful objects.
20. Build a Forum Website
A forum website where you post exclusive content for a specific set of people who sign up. It also provides an avenue for registered users to interact. You can set a membership fee which will be paid monthly.
21. Do Bulk SMS Marketing
You may have received unsolicited text messages and emails in the past from someone or companies you do not know. That was done through bulk SMS marketing. They have your email address or mobile number on their list.
The sender was paid by someone or a company to distribute the messages to advertise a product or a service. I know you have found most of these messages to be very useful. You too can take advantage of that and create your platform where people can send bulk SMS and emails.
Have you been looking for how to make money online in Nigeria? There you have it; the top 20 lucrative things you can do to make money online. I hope you will start one today and start generating a comfortable side income online? Good luck!