Welcome to my blog today I want to show you 7 legitimate and highly profitable online businesses you can kick-start and most importantly rely on as a major source of income in Nigeria
the article is perfect for you and everyone out there who is not an earning a significant amount of money on the Internet
the fact is digital entrepreneurship is relatively new in some parts of the world and it’s already turning ordinary people like you and I into millionaires
so the obvious fact is there are a lot of opportunities waiting for you online to take advantage of them,
fortunately all it takes to create any of these legitimate online businessesit’s simply the willingness and the commitment to learn something new
You should put in a significant amount of effort to make it successful
Here’s the list of Businesses you can start today
- Affiliate Marketing
- Digital Publishing
- Mobile Marketing
- Web Development
The first online business opportunity that is 100% percent legitimate on my list is affiliate marketing, this is the easiest the quickest and the best way for anyone to create a profitable online business
what is affiliate marketing?
Affiliate marketing is simply promoting other people’s products and getting a commission for every sale that you make.
it’s my most recommended online business model to get started with online
Personally my largely successful online business was built on the foundation of affiliate marketing so there are several platforms on the internet where you can go and register as an affilaite and then start promoting
digital products and for every sale you make they pay you is certain percentage.
some of these platforms are
when you learn and master affiliate marketing you can apply the strategies to earn from any of these markets places and there is no limit to the amount of money you can make.
digital publishing it’s right on top of my list because it does not require any technicality neither does it require a
huge startup capital basically anyone with an internet connection and a laptop can kick-start digital publishing
what is digital publishing?
digital publishing is all about creating and selling information products and some of the information product you can create and sell include ebooks, the videos could be how to design a website using WordPress how to make money from affiliate marketing
An information product can be in the form of a video training how to do stuffs or how to do a certain thing. You just teach them from A to Z
Here the list of digital products you can create and sell
- Membership Programs
interestingly most of the successful digital marketers out there globally started off selling information products
it’s one of the easiest form of online business you can kick-start with minimal capital and that is because it involves just your knowledge or expert knowledge you have that you can turn into an information product
You can decide to create an e-book on how to lose weight in 7 days without going to the gym
So it could just be on anything that you are successful doing or you have good enough information about
Unlike the traditional method of publishing a book offline and start selling it to people which is actually very difficult and it requires a lot of money
with digital publishing you can write a complete ebook in a few hours or a few days and selling thousands of copies
It does not require any imaginable amount of efforts so that is what digital publishing is all about, you can even go on to write an e-book on how to make a certain kind of recipe.
these information are high in demand online so for every information you know you need to understand that there are other group of people who are desperately in need of it.
so you can create an information product to give value to this people and they give you
money in exchange
So that’s what digital publishing is all about
The next legitimate online business you can start is called mobile marketing
what is mobile marketing?
mobile marketing is the interactive multi-channel promotion of products and services through mobile phones and
mobile devices It simply means selling through mobile phones
there are various opportunities in the mobile marketing space and they are
- Bulk SMS
- Mobile App Development
the most popular one is called bulk SMS. bulk SMS requires you to send customized messages to people’s mobile phone
when you get a message from your bank first it comes as a customized message that is bulk SMS services being used there
So you as an individual you can set up a Bulk sms platform and you can be getting the Bulk sms let’s take for instance for 1 naira and you can choose to sell to users of your platform for soon 5 naira
So if someone comes to your website and buys 1000 unit of Bulk sms you’ve made 1,000 naira in profitand in today’s world a lot of people are using the Bulk SMS services: banks, churches, corporate organizations, NGOs etc
There are a lot of opportunities in mobile marketing and it’s really hot in demand
Ringtone or call back tune
the second type of mobile marketing business you can do here in Nigeria is Ringtone or call back tone, people are
making millions of Dollars from this ring tone business set up
so you can start setting up ringtones for churches, musicians, companies and anybody that needs it for one purpose or the other
In case you don’t know, for every ringtone that is being downloaded by any mobile phone user, the owner of that ring tone earns a certain amount of money and the mobile operator through which the person used for the subscription also earns a certain amountof money
So a ringtone business is also highly lucrative, but your focus should be on selling these services to people
the third mobile marketing business you can do is short code and I believe you’ve received a text message on your phone that came from a number like 3111 or 30312
so these short numbers 5 digit numbers are called short code. this short code could could have a 10-50 naira tarriff
what is the tariff ?
A tariff is the amont of money deducted from a person’s account balance whenever the customer responds to the short code
the amount of a time that is deducted from their phone is what I mean by tariff
so a lot of people I mean are making millions of naira from this short code in Nigeria
Big Brother Nigeria which is very popular in Nigeria get most of their money through shortcode
Whenever a person votes they have to pay 30 naira and over 4 million people vote every week
so you can you see how people are creatively making money online and you can start offering these services to individuals, companies coperate organizations etc
this is very hot in demand skill right now in Nigeria
so mobile app development involves you creating mobile applications for businesses, individuals and organizations
the mobile revolution is on globally as people are always with their mobile phones
in fact the fastest way to reach anyone in the world today is true their mobile phone
so because of the the ease of reach and also for customers experience businesses are focusing on building mobile apps instead of leaving all they have to offer through their web sites
For Instance GT Bank, access bank etc all have their mobile apps because that is what people can easily use to utilize
Companies like uber, provide their services through their mobile app
Restaurant also have mobile app which you can use to order for food
so mobile app is really hot in demand interestingly you don’t even need to be a programmer to start making money from mobile application
you just need to bewell-informed because there are a few platforms out there which we call dragand drop mobile app builders
they don’t need you to understand programming you, don’t need to write a single line of the code you just have to know these websites or platforms go there and they have done for you assets which you can use to build any kind of mobile application
so you can sign up on those websites and then start submitting proposals to prospective people who needs these services and when they pay you, just go to the platform and within a few minutes you would have finished creating a mobile app that we charge millions of naira
So can you see how amazing it is
Another highly profitable online business you can start right here in nigeria is called ecommerce
what is ecommerce?
e-commerce is all about buying and selling physical products on the Internet
when e-commerce is mentioned for most people what comes to your mind is the likes of Jumia, Konga,Amazon etc
but the most interesting thing about e-commerce you need to know is that it is not limited to only the big players
there are individuals who are making millions of naira from this online business model on a monthly basis and unlike the traditional way of selling things with a boutique or shops etc are not needed when it comes
All you need to do is
Identify hot selling products and if you understand ecommerce business model they are ways to identify hot selling products online
you should be able to identify platforms (websites) where you can import these products to Nigeria very cheap so you can make a lot of profits
how to sell these products:
You need to have a medium of selling your products and they are basically two means of selling when it comes to e-commerce.
you can either have an ecom store similar to jumia or use a sales funnel.
but you need to know that ecommerce is highly profitable and it’s also a very easy online business model you can kick start anywhere in the world
For example take a man that owns a shop or boutique in lagos or Abuja, his prospective clients would be limited to his immediate geographical region
but when you take that same business online you can reach a larger number of people.
According to statistics now there are over one hundred and fourteen million Nigerians on the internet
so imagine the large amount of people you can put those same products in front of when you take the business online.
so while a person is struggling to make 1-20 sales maybe weekly
That same business will have more than 20 sales daily because it’s been exposed to millions of people within the shortest possible time.
when you do e-commerce online there are courier companies that enables you to deliver these products you’re selling nationwide
so you can sell to anybody in any States when they order for your stuffs online you take the products the courier company and the courier company takes it to them so delivering your products is very easy.
I know for most people when they hear about the term blogging what comes to mindis Linda IKEJI who’s one of the most successful blogger in Nigeria and even in Africa generally
what is blogging
blogging is all about consistently putting out valuable information on a site that is called a
blog and you can blog about events, experience, news, gossip,entertainment etc you can
blog about any topic you are an expert in
so blogging is all about consistently putting out valuable content on your blog and you have to be consistent because
that is what will continually attract people to visit your blog
okay so blogging is a fun online business especially when you’re blogging about the topic or something you are passionate about and trust me this is also one of the simplest form of online business anybody can kick start
All you need is
- A laptop and of course
- An internet connection
- A constant flow of contents
there are many ways you can make money from blogging
- Affiliate Marketing
- Product Creation
Ads which is adverts and that is the model Linda Ikeji runs for her blog. when your blog’s gets very popular and it becomes what is called a high traffic blog (a blog where he large number of people visits on daily basis)then you can start selling advert spots.
when you go to a blog those banners you see on the top and by the sides are ad placements.
different companies or political parties pay you to advertise their stuff to our audience and that is only possible when your blog becomes an authority blog or a high-traffic blog and for you to become a high-traffic blog you need to consistently put out valuable information so it can always attract people to visit and keep visiting your blog
Affiliate marketing so for example if you are blogging on health as a niche or as a topic you can start promoting
supplements to your audience because that is a typical product that will be most appealing to your audience and of
course when you have a blog you need to be building an email list (the email addresses of your blog visitors)
so when you have an email list of the blog readers you can always occasionally recommend products that is related to what you are blogging about to them which of course is a Affiliate marketing because when they buy you earn
a commission from every sale that you make.
the third way to make money from blogging is product creation For example if you are a relationship blogger and you’ve built a very good audience with your blog readers.
When you have become an authority when it comes to relationship you can now write an e-book on how to live happily married or how win his heart etc. that is related to relationship then of course the audience of your blog already know that when it comes to this topic you are an authority
so they are going to buy whatever products you put out that is within the scope of what you blog about
so blogging is also very interesting and it is more interesting when you blog about something you are passionate about
but in blogging consistency is the key just like every other online
business model out there
A freelancer is a self-employed person who offers his services to multiple people at the same time
So online freelancing is all about selling your skills or services online for money
it is most beneficial to people who have specialized skills, for instance if you are a graphics designer,web designer or if you can create animations, edit a video etc
online freelancing gives you the opportunity to generate a significant amount of money consistently for that skill and the first thing you need to do is to list your skills on freelance websites
so there are a couple of freelance websites out there and a typical example is Fiverr
if you go to a site like Fiverr you will be overwhelmed with by the wide scope of services that put offers on this website
So for any skill that you have you just need to go to this website sign up as a service provider okay or as a seller
just like how people submit their CV in the offline world to like get a job
you just need to set-up your gig (The service you offer)
You can charge any amount of money you like
So customers are going to open up your gig check the information you displayed if it’s appealing to them they’ll contact you and when you deliver the job to them they pay you for your service.
There are similar sites like Fiverr such as upwork which is for technical people, So if you are programmer who can design website you can utilize upwork
people per hour is also another freelance websites where you can go and start offering specialized services in exchange for money and the beauty about online freelancing is you don’t necessarily have to spend money advertising yourself
these platforms are already Authority platforms with high traffic yeah tens of thousands of people go to on daily basisto look for experts who can offer them services they are in need of and of course there you have a good budget so you can’t start freelancing right off the hook
Everyone knows we are already in the digital age and individuals businesses, companies churches, are all informed on the importance of having in websites
so every business needs a website to showcase it’s services online unarguably the internet is the world largest marketplace
All you need to do is to acquire the skill the web design skills so you can start offering this service in exchange for good money
interestingly you don’t need to learn programming or coding in fact there are several solutions online that enables you to design from the simplest to an advanced kind of website without writing a single line of code
some of those solutions are called CMS which is content management system the most popular and widely
adopted one among them is called WordPress
these are solutions that enables a complete novice or a non-technical person to design websites very easily
so web development it’s one of the oldest and the most granted legitimate online business opportunity you can tap
into a start making good amount of money for yourself
you don’t need to spend the next three to five years learning programming you can rely on solutions called CMS (content management system) that enables a complete novice and non-technical people to design database driven websites to a one-page website without writing a single line of code.
so web development is also a nice niche because it enables you to end online and offline
you can submit proposals offline and online you to companies and tell them about the importance of having a websites
when they award you to the job, you deliver to them and of course, you bank your money
you can also go online to those freelance websites sign up as a freelance web designer, setup your gigs and people contact you to set up a website for them
so web development is an amazing online business model you can take advantage of from anywhere in the world
Blogging, freelancing,mobile app development, Affiliate marketing, mobile marketing