Wednesday 15 April 2020

10 Business Ideas in Nigeria That Can Fetch You Money Online in 2020


There are many business ideas you can develop online and make money ranging from information marketing, affiliate marketing, selling e-books, blogging, etc. It depends on how good you are at the niche and your area of interest.

Some niche markets are too competitive and saturated that making money becomes too hard. Consider choosing a niche with less competition and that is profitable, and start from there.
It is good that you learn and get knowledge of your chosen topic. This will help you get enough knowledge and experience in order to reach your goal. Remember that Rome was not built in a day, so will your online business not be easy to build in a flash. You must work and get dedicated! Your lying material will not build your business for you, and your business will not prosper except you show some level of concern and seriousness.
Well, without wasting any time, I have arranged a list of 10 profitable business ideas you can choose from here in Nigeria with the aim of making a living online. These include:


1.      Drop-Shipping

   

Drop-Shipping is one of the latest business ideas in Nigeria. With only your laptop or Smartphone, internet data, and your social media platforms such as Facebook, Twitter, Pinterest, LinkedIn, and more, to serve as your online shop; you can start this business with a very low capital.

You can make millions from drop-shipping, but you need to first identify and know what the people need at the particular time and where and how to source for those items. AliExpress is a good place to start a drop-shipping business in Nigeria.         



2.      Email Marketing                                       

 

Those who run email marketing business offer their subscribers good-quality information to keep them coming back, and also offer their clients first-class services with proven results that would keep them coming back and referring others.

You can join other email marketing companies to help small, medium and large businesses connect with existing customers to promote the sale of goods and services, and so fill their pockets with money. These businesses outsource email marketing services to allow them focus on other areas of business development.


3.      Social Media Marketing

 

Many companies have increasingly made social media their first tool of choice they use to notify, convince, educate, and promote their products and services. If you can create a social media visibility, it will gradually turn to your profitability.

The reason for a growing need of people with social media marketing strategy and development skills is the increase in outsourcing of such services by BIG companies. The outsourcing is for those companies who cannot provide their own social media strategy as a full-service function.
There is room for you in the social media marketing business to make money using Facebook, Twitter, Blogs, Online Forums, LinkedIn, etc. to sell goods and services and offer this to the many individuals and corporate organizations, including SMEs longing to get into the digital marketing world.


4.      Freelance Writing or Ghost Writing for Money



There are many companies such as blogs and media agencies that are ready to pay you big time to write original contents for them. Sometimes these contents fall under advertisements, blogs and websites; and you can get paid for your editing services.

Therefore, you can set yourself up as a freelancer and start part-time or full-time to start earning online. However, you need to consider how much time it will take you if you are thinking of starting full-time. Whatever is your decision, just know that the earning opportunity is great. You can visit www.ng.jobrapido.com or www.ng.jooble.org for writing jobs in Nigeria.



5.      Online Ad Agency

 

This money making system allows you to connect advertisers and publishers by creating a list of publishers and giving offerings to advertisers based on specific packages.

Advertisers are companies promoting their products or services and publishers are owners of websites where these ads can be displayed. You need to be good at communicating with people to help you succeed in this business.



6.      Website Design and maintenance

 

Many prominent people such as politicians, chieftains of corporate organizations and successful business individuals now make use of websites to promote their brands and personality.

As the demand for website designers is increasing, why not learn how to use common design tools and build good websites? With time, you can begin to design professional websites, create web graphics, build web pages, and upload web pages to the server.
You will further need skills of domain name registration and how hosting services work, but as you gain ground, you may add domain name registration and host to your own service.



7.      Affiliate Marketing

 

You can start an affiliate marketing business online with little or no investment. Your duty is to help companies or individuals sell their products and you will earn a commission for your efforts.

You can sell digital products or physical products, depending on your choice. And you can sign on with as many affiliate programs as you can handle and use your affiliate links to promote the products through a web presence or social media. Many Nigerians who have joined the affiliate program are now enjoying the fruits of their labor.
Two popular affiliate programs to join in Nigeria include Jumia.com.ng and Konga.com. 


8.      Selling Photos Online



If you can make excellent photos, you can leverage the opportunity of selling them online and making good money afterward.

There are many photo sharing sites where you can upload your photograph and make money any time somebody downloads the photo. Adobe Stock and Fotolia are good places to start.


9.      Information Marketing

 

The information you can sell online can come in the form of e-books, CDs, DVDs, or short reports. Whatever product type you choose, I want to remind you that the business is internet-based and can put food on the table for the rest of your life. Take for instance, the writers of Amazon kindle books are earning without further efforts, except the initial struggles usually experienced before a book is published.

You can join a team of many Nigerians who have become millionaires through information marketing. You don’t need to write the material with ideas from your head as there are many resources online to help you do that.
If you are thinking of outsourcing your writing, fiverr.com is a good place to consider. You may also decide to buy master resell rights or private label rights books, rewrite and rebrand to your choice and sell.


10. Blogging



Before you can think of starting a blog, examine whether you are capable of writing quality and original content. It is very easy to start a blog if you have passion for writing. All you need is excellent research skill, interest, a laptop, and internet access.

Blogging is time-consuming so you need enough time to be able to research content, write the content and make it to be original, and also promote your blog through different methods. You can see that blogging needs time in order for you to be successful.

You can quickly start up a blog by visiting Blogger, WordPress or Wix and have a quick design and be up and running in just minutes. You may rather choose to set up your blog on a self-hosted server. Google Adsense is one of the easiest ways you can monetize your blog.


Conclusion



The above information can help you start up online in no time. All you need is choose a niche you are familiar with to help you create content easily.
Blogging on a topic you know very well will help you to easily create contents, reply readers’ comments, and answer any questions directed to you.
Feel free to use the comment box to express how this piece of information has helped you in your business or job. See you at the top!