DIFFERENT ONLINE BUSINESSES YOU CAN DO AND MAKE MONEY IN NIGERIA TOP WAYS

 

Top ways to make money online in Nigeria

Here are the best ways to make money online in Nigeria:

1) 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.

2) Social Media marketing

Social media marketing is all about helping businesses, individuals and 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 shining as one of the best ways to make money online in Nigeria

3) Affiliate marketing

This is a very 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 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, many people buy products online these days. You can key into it and make money via affiliate marketing

If you are looking for an online business in Nigeria that pays, then it is a superb choice.

4) Buy and Sell Bitcoin with Binance

Binance is an online platform that has made Bitcoin trading very easy. It is the number one cryptocurrency exchange. As of today, Bitcoin is one of the most lucrative businesses the world over. More and more countries are accepting bitcoin.

The wonderful news is that it is never too late to key into bitcoin. Even if you have never traded before, you can start today and share in the $94 billion worth Bitcoin market.

5. Blogging

Blogging is still the number one opportunity to make money online in Nigeria. This is the best and hottest online business in Nigeria 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 wonderful 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.

6) 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 them 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 millionaires. That is the power of YouTube.

7) Freelancing

Freelancing is all about applying your skills online to make money. If you are looking at ways to make money online in Nigeria without spending a dime, then this should be a suitable option.

All you need is your skills and talent. You could be a writer, programmer, graphic designer, typist, proofreader, any skill at all. Just register with a freelancing website. You will find people that are looking for people with your skills. 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 do it full time and you will be making far more than the average salary in Nigeria.

8) 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!

9) Create an online course

Online course makes it to our list of top ways to make money online in Nigeria. This is because of one factor: It has the potential to make anyone rich, but it takes a lot of effort.

Online courses are all about teaching people skills and strategies online for income. Let’s assume you are good at Graphics design, Web development, Business management and so on. You can create a course and teach it to people around the world. These people will buy your course.

There are many millions of people around the world that are learning online every day. The internet is currently the number one classroom. You can key into it and make money.

There are many platforms that make teaching online easy. Platforms like Teachable, Udemy, Skillshare and more

10) Selling Your Old Textbooks For Amazon Gift Cards

As a student, you have to earn money online fast by selling your old textbooks for Amazon gift cards. Our Textbook can be space consuming and also rarely do we use it for more than a semester. 

Once you have successfully passed that semester and have acquired all the knowledge you need, you can sell in exchange for Amazon gift cards that you can invest in buying new textbooks for the new semester.

Smart right?

You have access to check the worth of your textbook on the website and also, you have visibility on the shipping cost.

11) Network Marketing: Network Marketing is a business model where you refer people to buy a product from a company and you earn a commission when those people equally refer other people to buy you still earn commissions depending on the company's compensation plan. Network Marketing is similar to Affiliate marketing but in network marketing you earn residual income by building a team and there are different incentives attached. If you love working with people to reach a higher goal, Network Marketing may be good for you.