Online Businesses That Pay In Nigeria

By Demilade Adebayo / October 20, 2019

What will you do if you were locked in a room with high-speed internet, you can’t contact the police or anybody who could bust you out thanks to the encrypted codes on your internet server.

Your kidnappers have given you 2 months to make money using a system in the room. Failure to do as told will lead to a consequence. So it’s just and the internet, mano a mano. What are you going to do?

I stumbled upon thanks question a few months back on my Instagram and out of curiosity I slipped into the comments to see what ideas my fellow Nigerians had in mind. Now I have to say I was impressed with what I saw because there were more lucrative business ideas than people expressing their love for Cybercrime.

And in this post I will be going through some of the best ideas, explain how it works and show you how beneficiary it can be when applied the right way.

Let’s check them out…

 

Affiliate Marketing

Affiliate marketing was the first thing that caught my eye and how won’t it? With the right content and affiliate program, you could make a very huge amount of passive income in less than a month. Now as you may already know, affiliate marketing doesn’t just ball down to the popular programs we all are familiar with. Am talking about, jumia, Betnaija, Payporte, amazon, you name them.

A blog post which talks about building blogs, content based on blogging will always be sure to have an affiliate program which directs individuals to hosting websites or website the gives you the best domain names because as you know. Someone is building a website as we speak and your dream domain name could be taken at any time.

My point here is that affiliate marketing is extremely broad and when applied the correctly all you’ll have to do is sit back and relax as you’d be getting paid for every click made on your affiliate link.

If you are having troubles making money using affiliate programs on your site, you definitely have to check out one of my previous articles

Why You Aren’t Making Any Money Through Affiliate Marketing.

 

Dropshipping

Dropshipping is one option I’d gladly consider if I were to find myself in the type of scenario listed above. Why well because dropshipping is simply an amazing strategy, it pays well and it is very easy, well that is if you know what exactly you are doing. Allow to break down how this works.

Dropshipping is just like owning a store of your own. Only to an extent way better. Why you ask? Dropshipping requires no inventory or stock. All you have to do is drag the item from your preferred distributor’s store and drop it in yours. You’ll have to market the product and for every sale you make the distributor will be the one to ship and handle the products.

You, on the other hand, will get a commission for helping with the sales. It won’t be plenty though but imagine doing this for hundreds of products monthly. People have dropped their day job to focus on dropshipping due to how accurate and stress-free it is. And if you play your cards right you could join the list of dropshippers who made their millions through dropshipping

 

 

Digital Marketing

Surely there has to be something like a skill or attribute you possess which can be rendered as service for money online. It doesn’t have to be a physical product even, an e-book could even do the trick. Something based on cooking, writing, dance or even ideas which can make life better for whosoever is buying it.

Theses are digital products you could sell online and people will buy because they are eager to learn something new and you possess whatever it is can are able to do that they can’t.

Some examples of digital products in high demand online include…

E-books: I recently saw a Youtube advertisement that had a guy speaking 7 different languages ‘Ikenna Obi’ you got that right he’s Nigerian and speaks Chinese, French, Spanish, Russia and even dutch. And after displaying all of those, he recommended a book he wrote which was to make speaking foreign languages easy for beginners.

I, as an enthusiast to literally everything, clicked on the ebook and below I saw a lot of comments. Turns out people were intrigued and decided to buy the book. And as you can imagine those comments were very positive.

Pictures And Videos: People buy pictures? well, yes they do and more than you think. And by videos, I mean good content containing things people would pay money to see. Such includes video tutorials or short clips that could change lives.

You could check out more about digital marketing in our Article

Digital Products And How To Sell Them Online

 

E-Commerce

If you know a bit about dropshipping and how it all works then this is what comes next for high achievers. Unlike dropshipping where you don’t own a product and earn a commission whenever you sell one. Full-time E-commerce is different and will require a lot of capital, but hey it pays fast and your profits will much more than dropshippers earn.

Here you’ll be buying goods online in bunks and selling them within or outside the country. You’ll need a warehouse depending on the amount and size of goods you’ll be shipping. This time of business is capital intensive but it also pays the most as you’ll be able to sell products such as Phones, Cars, and various products all at a higher price compared to the amount you got them.

You could then open a website which you could use to advertise your product just it’s done when dropshipping. The only difference here is that you’ll be the one in charge of the packaging and delivery. That could cost you a bit but take a look at the bright side, You’ll be gaining all the profit.

 

Copywriting

Copywriting is simply the act of writing for the purpose of sale. It can also be called persuasive writing and you’ll need to have knowledge of sales before embarking on this one. Copywriting is a very essential and profitable skill which can get you tons of cash online.

This is because people, brands, organizations, blogs and firm are constantly looking for people who are able to persuade individuals to their platform using written words. Here’s a little instance.

I bet you’ve gone across a site where a certain product is talked about and described in a way that makes you want to order it, or perhaps find out more about the platform. That was written by a copywriter and it is estimated that they earn. up to 15 dollars and above on freelancing site and more on personal firms.

 

Buy And Sell Domain Names

If you check out my article on how to create a WordPress website then I am sure you know what a domain name is and how it works. But now the question is going through your mind “how do people sell domain names” well it’s easy and people do it. Imagine you want to start a business on recycling.

You have everything down except for a website, on reaching your domain you realize every idea domain name you tired such as recycle.com, recyclenow.com, cyclerecycle.com and all sorts of fitting names ave been taken. Now let’s imagine I bought a domain name “Recycle.com” and I put it up for sale on my site. Surly anyone interested will be very delighted to buy it.

Allow me to give you a more practical instance…

Sometimes in February 2018, The owner of Sumome.com “Noah” bought Sumo.com for $1.5m from a domain reseller.

Registering is very cheap, you can buy a new domain name on finddigitaltools.com for just $9.99. Once you’ve acquired the domain name, list the domain for sale on a website like Sedo.com with a higher price.

 

Sell Themes

Back in the early 2000s before the internet became what it is today, only top-notch programmers were able to create and design websites. And as you can imagine, lots of those people were able to make plenty of money during that time.

Now technology has improved and frankly, you don’t need to know anything about programming before you can begin building websites and web templates. All it takes is just putting two and two together and boom you have a website.

Typically WordPress Themes are Unlike static HTML sites, WordPress themes are a set of template files written in PHP, HTML, CSS, and JavaScript. Typically, you would need to have a decent understanding of all these web design languages or hire a web developer to create a custom WordPress theme.

A good start would be to check out ThemeFores, or codecrayon. These are sites where you can create Themes and upload for sale.

 

In a nutshell, you don’t have to limit your means fo income down to the way business was done before the internet. Rather take advantage of it and begin growing or creating your business. Ponder on which of these tips can help you and take action on it. At the end of it all, you could come thank me.

 

 

About the author

    Demilade Adebayo

    Demilade is a young entrepreneur who just can't help but empower the public with information that makes everyday life better and easier for the average person. He is a lover of Music, sports, science, and people... In a Nutshell, he is an awesome lad with a passion for Writing and zeal for success.


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