There are many reasons that you should consider making money online. As a student, you can make extra money to take care of yourself while in school. If you are looking for a job, you can become your own boss on the internet. If you want to become rich, you can do it on the internet. The possibility is endless.
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.
2. AFFILIATE MARKETING
This is a very good and reliable way to make money online. If you are good with marketing or you are a good sales person, you should consider this. If you have charisma and you are the type of person that is good with conversation, you should seriously think about affiliate marketing.
Affiliate marketing is all about recommending products to to people online, if they buy through you, you get a commission. It is that easy. All you need to do is find an affiliate network and join. Then pick products to promote. You can promote them on your Facebook, Instagram, any other social media or blog. .
So let’s imagine you promote a product that is worth N10, 000 with a commission of 20%. Now you have about 5000 friends on Facebook, 5000 on Twitter, 5000 on Instagram and some via your blog, WhatsApp and other social media networks. You promote the product to them and about 2000 of them purchase through your link. That means your total sales will be N10, 000 X 2000 = N20 million. And your commission which is 20% will be N4 million!.
The truth is a lot of people buy products online these days. You can key into it and make money via affiliate marketing. The most popular affiliate networks are: Commission Junction, Impact Radius, Linkshare, Jumia Affiliate and Konga Affiliate.
3. YOUTUBE VIDEOS
If you love making videos on your Phone or with a camera, you can make money uploading those videos on YouTube. YouTube is a video sharing platform. It can make you rich and it can also make you a star!.
You can make videos about anything. You can talk about anything. Just upload them to YouTube and share across your social network. Build your brand. As you get views, use Google AdSense, affiliate marketing and other methods to make money from your videos.
Am sure you have heard of Mark Angel comedy and Emmanuela who became YouTube stars and millionaire. That is the power of Youtube.
Freelancing is all about applying your skills online to make money. If you are looking at how to make money online in Nigeria without spending a dime, then this should be a good option.
All you need is your skills and talent. You could be a writer, programmer, graphic designer, typist, proof reader, any skill at all. Just register with a freelancing website. And you will find people that are looking for people with your skill. Apply and you may get the work.
As a freelancer, you work from the comfort of your home. All you need is your computer and internet. It is a very big industry worth billions of dollars.
If you are skilled, you should consider this. You can actually do it full time and you will be making far more than the average salary in Nigeria.
The most popular Freelancing websites are Upwork, Fiverr, Freelancer, and Guru.
5. ECOMMERCE BUSINESS
eCommerce business is a business that can make you a billionaire. The richest man Jeff Bezos is into eCommerce business. Am sure you have heard of Amazon, he owns that.
eCommerce is about buying and selling products online. You can create your own online store and sell products online. You could be the next richest person in your city.
If you do not have money to build a warehouse and store products, you can still do this business without having the products. There is something called dropshipping. All you have to do is create an online shop. Copy inventories for leading manufacturers around the world. When someone comes to your online store to buy, it will be forwarded to the manufacturer or supplier, they will ship the goods to the buyer, get the money and you keep your percentage. You do nothing!
6. SOCIAL MEDIA MARKETING
Social Media marketing is all about helping businesses, individuals or organizations find their audience on social media. The truth is, most Nigerians now spend their time on Facebook, Twitter, Instagram and other social media platforms. This has open up a new opportunities for businesses to reach people and make more sales.
To be a social media marketer, you need to understand the algorithm of your target social media platform and how you can use it to convert for businesses or individuals.
As more businesses embrace the internet, social media marketing will keep shinning as one of the best ways to make money online in Nigeria.
7. SOCIAL MEDIA NETWORKS
If you spend a lot of time on social media platforms. Why not make some money off it? Whether it is Facebook, Twitter or Instagram, you can always make money. There are many ways to do this. You can use Affiliate marketing, sponsored contents and more. Using social media platforms to make money online in Nigeria is cool since we all spend most of our time there anyway!