Making money online is not new any longer, but the truth remains that a few are still unaware of the various ways you can make money online.
Online businesses you can venture into is vast, and I’ve broken them down in this post. what kind of business can i do as a corper, how to make money after nysc, opportunities for corpers
This article will highlight the secrets of making money online in Nigeria without paying money to start as well as making money online with as low as 1000 naira.
Let’s get started right away…
Here are my best and latest online money-making opportunities in Nigeria.
1. Start a Youtube Channel
Starting a youtube channel is the easiest way of making money online in Nigeria and needs absolutely no startup investment.
Youtube gets an amazing 5 billion views per day which prove it’s power on the internet. There’s no doubt how much money people are making online via this platform. In fact, one man named Felix Kjellberg, the owner of PewDiePie earned 12 million dollars back in 2015 by running a single Youtube channel.
Making money on YouTube is one of the easiest online money-making opportunities that you can find anywhere. This is mainly because the platform allows people with basic computer knowledge to leverage on their creative abilities to create content that can attract viewers and followers.
With increasing followership, your YouTube channel can then be monetized. Your earning potential really won’t be determined solely by the number of subscribers and views you have, but also by the level of engagement you generate, the niche you provide content to, and the revenue channels you explore.
2. Start a Blog
Being a blogger is one of the easiest ways to make money from home. Unlike many other jobs that require a lot of time, blogging is quite different because you don’t need to work from an office space, you can blog right from your comfort zone at home.
Fortunately, blogging comes with multiple revenue streams such as:
- Selling e-books on your blog
- Selling online courses
- Offer paid freelance services
- Make money from affiliate marketing
- Display Google ads on your blog (Advertise products and brands)
- Sell Ads space on your blog
- Start an e-commerce store (sell products on your blog)
- You can also create a paid private forum and sell premium content like tutorials and products
Blogging allows you to work at any time you like and doesn’t take the whole day. It’s flexible also.
But, you have to take note that nothing good comes easy, so blogging takes time and skill for you to start making money. If you have a day job, don’t quit. You can create your blog and work on a part-time basis.
Immediately you notice it’s paying you more than your comfortable limit, just QUIT your current job and face it full-time because the returns on investment would not be comparable by then.
Suitable for: This online money making opportunity is best for folks who love to write and share knowledge.
3. Start Affiliate Marketing
This one is a type of performance-based marketing in which businesses rewards a certain percentage of commission for each product bought by the customers who were referred by the affiliate marketing effort.
There are quite a few paying affiliate programs in Nigeria to help you get started with affiliate marketing and earn money in Naira.
Suitable for: This online money making opportunity is best for people who have the persuasion skill and like to talk and write.
4. Create Niche Websites
Niche websites is a small website focused on one particular topic which shares all information relevant to the topic that is both useful and interesting for the target audience.
It can be any small-scale web property that makes money. Generally, a niche website should have these characteristics:
- It has a low number of content pages (Usually 20 or less)
- It is narrowly focused around a very specific topic or audience like website design
- It primarily relies on a single source of income
- It gets traffic from one place (usually Google search)
For instance, you can create a website around the niche of real estate. The goal can be to schedule property visits by intending home-owners. Or you can also create a website that centers around paid music streaming and purchase.
After deciding the niche you wish to enter you should now create content aligned to that niche and drive traffic to the website. The more traffic you have on your site, the more your monetization opportunities increase.
Some niche website monetization opportunities include:
- You can display Google ads on your niche website
- You can also display private ads on your website. For instance, if you run a real estate niche website with very high traffic, you can get realtors to advertise their services and home offerings on your website.
- Alternatively, you can make money from writing sponsored posts and product reviews for companies. his works best for people who run high traffic technology websites
- A lot of people sell digital products like e-books, templates, webinars (paid video tutorials), podcasts, etc.
- Affiliate marketing is your surest bet. You can easily advertise your custom affiliate links to platforms like Amazon and begin to make money by promoting the links in blog posts on your niche website.
Suitable for: This online money making opportunity is best for people who have an interest in certain topics. e.g football, phones, dogs etc.
5. Publish a Kindle eBook
Do you have impressive writing skills? Are you a storyteller and are able to build a large following of people who would be willing to pay money for your stories?
If you are looking for means to monetize this skill, then you should consider publishing ebooks online.
You see, what the big publishing houses do with big offices for editors, writers, administrative staff… and then big printing presses… then distribution centers to get their books out to bookstores around the country… all to hopefully get books in the hands of readers…
If that’s not a massive business opportunity for writers and publishers, I don’t know what is. Publishing an ebook on Kindle is one of these simple, lucrative but rare ways to generate consistent passive income online.
Did you know that Amazon is the biggest rival to Google than any other search engine like Yahoo and Bing?
More and more shoppers try to search for a product on Amazon than other traditional search engines.
When people want in-depth information on a specific topic, they go and search for eBooks on Amazon so as to get useful recommended books.
First, What is An Ebook?
Ebooks are…wel…books that are delivered, downloaded and sometimes, read onlineYou can write them yourself (or employ writers) use publicly knowledgeable content, and create your ebooks from many sources. And just about any subject can be covered like travel guides, how-to manuals, mystery, romance, science fiction, self-help, technology, blah blah blah.
Also, you won’t have to rely on an editor or publisher telling you whether a book will be published. And you won’t have to rely on a bookstore to put your book on its shelves. You’re in complete control of the entire process.
In fact, you’re going to handle everything yourself, including marketing and selling. And that means you get to keep all the profits. Amazing right?
But then, writing does not come too easy to many.
Suitable for: This online money making opportunity is best for people who have in-depth knowledge on certain topics and want to share or people who love to do research and guide.
6. Create a Membership Site
A membership site is a membership website with exclusive contents made available to a certain number of signed-up users.
These type of websites provides a place for registered members to interact with one another and there is a certain monthly access fee attached with it.
7. Start Copywriting
Copywriting is an essential element of effective online marketing. Copywriting is the art and science of strategically delivering words (whether written or spoken) that get people to take some form of action. Copywriters are some of the highest-paid writers in the world.
Suitable for: This online money-making opportunity is best for people who have a passion for writing.
8. Teach your Native Language Online
Most of the people in today’s globalization world are trying to learn new languages, and there are many new reasons for doing so.
Some people want to improve their employability, some want to study or live overseas, some want to grow their business or just want to improve their travel experience.
To get started, you can contact me if you will like to develop this kind of platform for you.
Suitable for: This online money making opportunity is best for people who love to teach and have a gift of imparting knowledge.
9. Become an online tutor
Due to the growth of the busy lifestyle of many people nowadays, people prefer to take online courses rather than physical training.
The rise in technology and the internet has made the experience of online coaching extremely realistic. As a result, the demand for online tutorial websites like NairaSkills is growing really fast. So if you like to help others learn, the online tutorials could be the earning ticket for you. I can also create this kind of website if you hire me.
Suitable for: This online money making opportunity is best for people who love to teach and have a gift of imparting knowledge
10. Do URL Shortening
I am sure you have heard of URL/link shortening.
You can make money shrinking URLs and ensuring they get clicked.
He has used this platform to make money online passively on his website.
Suitable for: This online money making opportunity is best for people who have a blog or massive social followers.