Do you want to make money online and don’t know how or where to start? You’re welcome to the right place. Today, I’m going to give you some ideas to make money online.
The internet came with a lot of opportunities. You don’t have to wait around to be offered a job before making money. And you sure don’t have to beg for a loan from a bank or people to start a business when the internet has given you a more accessible alternative. Whether you aspire to be a six-figure social media influencer or you want to supplement your regular income with some internet gigs, there are a lot of options for you to explore. This piece will teach you the following:
- How to make money online in Nigeria
- Make money online from home
- Online money-making sites
How to make money online in Nigeria
As a Nigerian, you know that things are hard. There are very few available jobs in the surging labour market. According to Statista, the unemployment rate in Nigeria has reached 33 percent in 2022. Don’t be a part of the statistics, so you must seriously consider shifting your focus online. Here are the top 10 ways of making money online in Nigeria:
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If you’re looking for a way to make money online without spending a dime, freelancing should be your first option. Freelancing is all about selling your skills to potential clients online. There are verified freelancing sites to start from. Some of them are Upwork, Fiverr, Freelancer etc. Please choose one or more of them. Create a convincing profile selling your skills and wait for clients to come calling. There are plenty of skills you can sell online. You can be a writer, programmer, graphic designer, typist, proofreader, web designer, voice-over artist etc. You can make a lot of money from gigs you’ll get from freelancing. All you need is a smartphone, laptop and internet connection.
Affiliate marketing is becoming an acceptable way of making money online in Nigeria. It is very reliable. Affiliate marketing is all about recommending products to people online. If they buy from you, you will receive a commission. If you’re good at networking or making sales, you should consider this option. Instead of wasting money on Ponzi schemes, why not invest in affiliate marketing? Find an affiliate network and join. Then pick a product and promote them on your blog (If you have one) and social media accounts.
Blogging is still the hottest online business in Nigeria. It is an information-sharing platform. You can post anything or any topic of your interest as long as your audience enjoys reading them. Once you start a blog and get traffic, you can begin making money via Google AdSense, affiliate marketing, and selling your products and services. The wonderful thing about blogging is that you can make money while you sleep, eat, travel or relax on a beach. Blogging has made millionaires and billionaires in Nigeria. See our guide on how to start a blog that makes money for you.
Buy and sell cryptocurrency
Trading in cryptocurrency is fast rising in Nigeria. Many businesses are gradually accepting cryptocurrency as a form of payment. Study and understand the market. Buy when the value is low and sell when it rises. For more effortless transactions, you can join Binance, an online platform that has made Bitcoin trading very easy. Bitcoin is the number one cryptocurrency, with an estimated $94 billion worth of Bitcoin market. It is never too late to trade in Bitcoin.
Being a social media influencer is a lucrative business. Companies are using Instagram influencers to advertise their products. You can become one of them by growing a large following on Instagram. Nigerians now spend their time on Facebook, Twitter, Instagram, and other social media platforms. Become an influencer on any of these platforms, and you will see companies offering you money to advertise their products.
Social media marketing
You can directly sell your products and services on social media, apart from becoming an influencer. If you spend a lot of time on social media platforms like Facebook, Twitter, or Instagram, you can always make money. Affiliate marketing, sponsored ads, etc., are various ways to do it.
Create a YouTube Channel
You can make money as a YouTube vlogger. Create a YouTube channel. Make videos with your phone or a regular camera and upload them on your channel. You can make videos on anything. Just make sure the content is what people are looking for. Your content must be entertaining and educative. Build your brand on YouTube. Once you start getting extensive views, monetize your channel by adding Google AdSense, affiliate marketing, and just selling your products or services to your subscribers.
Start an e-commerce business
An e-commerce business can make you a billionaire. It is all about buying and selling products online. You can create your online store and sell your products. If you don’t have products, you can contract with other businesses to sell their products on your online store. Dropshipping is one of the ways of doing it. You only need to create an online shop and copy inventories for leading manufacturers worldwide. The inventories will be forwarded to the manufacturer or supplier once someone wants to buy from your store. They will ship the goods to the buyer, get the money, and you get your percentage.
Sell products on online stores
You can sell your products on Jumia, Konga or any other reliable online store in Nigeria. Amazon is gradually opening up to Nigerian businesses. You can take advantage of that by going through the Amazon agents in Nigeria. Jumia and Konga are the most visited e-commerce websites in Nigeria. The best part is you can sell your products on these platforms without stepping out of your house.
Create an online video course
This is one of the fastest and cheapest ways of making money online in Nigeria. It takes a lot of effort, but it can make you rich. You can create a video course on popular skills like copywriting, make-up, Graphics design, Web development, Business management, etc. Millions of people are willing to learn new skills every day. Teach them some of these skills by creating a video course and selling it to them online.
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How to make money online from home
You can make money from home through the following:
- Selling ebooks
- Selling video courses
- Uploading videos on your YouTube channel
- Affiliate marketing
- Social media marketing
- Selling products on online stores like Jumia, Konga and Amazon.
- Doing online surveys for companies
- Developing apps
- Social media influencer
- Test websites and apps
- Sell photographs online. NFT is the new goldmine
- Forex trading
- Website design
- Content writing
- Graphic design
- Digital marketing services like SEO and social media management
Online money-making sites
These are online platforms where Africans, particularly Nigerians, can make money. They are:
As you can see, making money online as a Nigerian is possible. Learn and improve your skills. Work hard. Be consistent, and very soon, you will smile with a fat bank account without stepping out of your house.