7 Best ways to make money online in Nigeria in (2023)

E-Collins

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7 Best ways to make money online in Nigeria in (2023)
Posted on: December 09, 2022, 11:56:47 AM
It has been a long time since we discussed about making money online in Nigeria, and I think it's the right time to discuss about it ahead of the year 2023. The Year 2022 is almost over, and this time to start planning for a new beginning, a time to set a goal and a time to do something different in other to achieve different results.

When you talk about making money online in Nigeria, I can tell you that I am a living witness because that's what I have been doing for the past 7 years now. I started my blogging career in 2012 and ended my monthly salary job in 2014 to give more time to my blogging career.
However, I didn't just quit my job because I wanted to become a full-time blogger but because I have started earning money as well, and I was sure that I would still be fine without the job since I started making money in blogging. Since 2014 till date, I have never worked for anyone. All I do is master different ways of making money online, which made me become the Boss, I work for no one, and by his grace, I am not hungry.

"Would you like to be in such a position? What if I can teach you how to make money online in Nigeria" If that's what you want, then relax and read carefully to learn.

I am certain that you have heard and seen different guides on making money online in Nigeria from different sources. Well, the methods haven't changed but what I can guarantee you is how to make a difference. When 2 people travel to Lagos state simultaneously using different modes of transportation, the person who used the flight will reach his destination faster than the one who entered a bus.

Yes, they are both heading to Lagos but when and how they reach their destination makes the difference. I can assure you that this guide will help you to learn and start making money on the internet.

Best ways to make money online in Nigeria in (2023)



Let's go straight to why you are here: to learn how to make money. Please, after reading this post, if you are still confused or have questions, use the comments option below, and I will respond to your question promptly.

#1. Blogging


Permit me to start this list with blogging because that is the first thing I learned on the internet, and I can tell you that I have made millions through blogging. However, blogging is not what it used to be, and it was easy for me back then compared to now, with a lot of competition. Before I go into details, what is blogging?

Blogging is about creating content on the internet, such as articles, images, videos etc. As a blogger, I learn new things through research and share them with my followers. My followers are those who always come to my websites or social media pages to see and hear what I have to say about certain things they are interested in.

Are you fit to be a blogger?

Many people think blogging is about going to different websites and copying and pasting their content. No, if you do that, you will labour in vain. A blogger must be someone creative, hardworking and smart. I have seen many trying their possible best to succeed in blogging, but they struggled and later quit because nothing was coming out of it.

Yes, your educational background is an advantage in blogging, but it doesn't matter if you are willing to learn. As they say, practice makes perfect. If you have a basic knowledge of computers and smartphones, you can still become a successful blogger. You must read a lot to learn from other gurus. You read to learn and master the right tone when creating content.

What you need to start blogging

Let me assume that you already have a laptop, smartphone and Internet connection because you can't blog without them.

The biggest challenge in blogging is choosing your area of expertise. What do you want to be discussing about in your blog? You must find what people are looking for and provide a solution. Ask yourself what you are good at and how you can use it to impact the life of people. If you got answers to these questions, you are good to go. When you want to become a blogger, you might start 100% free or invest little money to facilitate the process.

Starting free: To start free blogging on a free mode, head straight to Google Blogspot at https://blogger.com to create your blog. I suggest that you research and learn how to create a blog from Google's blogger's blog since you don't have any money to spend for an expert to help design your new blog for you

Investing to facilitate the process: To start a new blog in a standard way, you must invest in a domain name and pay for an optimized blog template. You will as well host your website with little money, but everything shouldn't be more than $100 since you are starting new.

Domain name: Domain is the name of your blog, which must be unique. For Example, Xtremeloaded. com is the domain name of this website, and I pay between $10 - $13 yearly to retain this name. You need to think about a name that will represent what your blog is about.

Web hosting: Hosting is not a must for a beginner. You can start with blogger, which is free and only connects the custom domain you purchased, but if you want to start on a high level, you can pay for web hosting. Web hosting is where all your website files will be saved and processed as required.

Like this website, it has a hosting account where all the files and settings are stored and processed. It costs between $2 - $10 per month for a shared hosting account which you need as a beginner.

If you still want to invest more, it's time to decide how your website looks and functions. You can either buy an already-made blog template or pay a web developer to design a custom design blog for your already-made WordPress template, which costs between $30 - $80. Once everything is set, you can now start blogging.

How to make money from my blog



Starting a website is over. The main question is how to start making money from the blog. Well, it's all about how hardworking and dedicated you are towards your work. After creating a blog, you create high-quality and helpful content regularly to attract more visitors to the website, and when people start visiting your website, you can then apply for Google ads or start marketing your product or other people's products to earn commissions.

You need to know the things that attract your visitors and what they might be interested in buying. That way, you can start promoting what they are interested in buying from you. However, the sure way to start making money without any stress is through Google ads. The calculation is more visitors to your website, the more money into your pocket. Your main goal should be how to attract more and more visitors.

There is more to blogging; what I shared with you is a brief guide on how to make money in Nigeria through blogging.

#2. Affiliate marketing


Affiliate marketing is one of the best ways to make money online in Nigeria, and whenever you hear or see anything about affiliate marketing, you should know it's about marketing and selling either your own products or other people's products online.

 I can tell you that some affiliate marketers make more money than bloggers, but I will show you the right secrets. Even a blogger owner needs to join affiliate marketing to make money from his or her blog, so affiliate marketing pays more when you do it in the right way. The good news is that you can make money through affiliate marketing with or without a blog, but you will be better with a blog.

Affiliate marketing without a Blog/Website

Some people make millions from affiliate marketing without owning a single website. They leverage the power of social media like Facebook, Twitter, Whatsapp and TikTok, etc. As they say, a good product sells itself. All you need to do is to find attractive products that people can't resist and market them. You will see them calling for enquiries and will as well be ordering it from you.

In this mode of business, you need to build trust among your followers and create awareness by doing some giving away, no matter how little, to make them notice you and see you as someone who gives and not someone who takes from them. That way, they can order your product without fear because, to them, you are super rich even when you are not.

If you are confused about what to sell, then you can start by doing some research from Jumia to see if you will find a good product that you can buy in and resell at your price. AliExpress is also there for you to use for sourcing items to sell.

Affiliate marketing with a website/blog

Doing affiliate marketing with your blog is easier if you are a good writer because you only write to convince your readers to buy a product even without any direct discussion with them. You don't even need to source for a product and resale. All you need is to partner with product owners and share the link on your blog. People from all over the world will be buying through your link, and you will be making good money from the commission that you will get from the sales.

The secrets of affiliate marketing


 
Start a Niche blog and not a site like Xtremeloaded.com, this website is a general forum focusing on many things like a business guide, Lottery, Technology and entertainment.

A niche blog is a website that focuses on a particular topic. If you want to sell smartphones to people, then create a blog that only talks about smartphones and their accessories. You can also create a blog about digital products and services like web hosting reviews, how to blog, SEO tools, etc.

The game is to attract a targeted audience. For example, when you create a website that talks about smartphones, the possibility is that anyone who visits your site is already someone interested in smartphones. Affiliate marketing works better with niche blogs than general blogs.

#3.SME Data Reselling


In Nigeria, people consume data like food, and some people can not even stay without data on their phones. When I talk about data, I am referring to MTN, GLO, Airtel and 9Mobile internet data plans. I resale data, too, and I can tell you that you can make a lot of money from the business. The good news is that you can start it without any capital.

Yes, you don't have to invest in reselling data if you can't afford it. You can start it without any money, and I will tell you how to do that but before then, let's talk about the SME data Reselling business.

A few years ago, Nigerian mobile telecoms introduced what they call an SME data package designed to allow companies and business owners to share data among their workers and business partners. The SME data allows anyone to buy data in large quality and retail it to other users, setting your price.

How to start SME data Reseller without capital

It's fine if you don't have any money to start the data reselling business, you can start free but having a smartphone or laptop with data connection is a must for this business because you are going to be marketing and send data to people from other sources. Most of the internet users don't have time to process the data themselves, they prefer to contact someone to do it for them.

Connect with site like:

  • fansmobilehub.com
  • clubkonnect.com
  • mighty.ng

The websites listed above can offer you data plans as low as 215 - 230 per 1GB. Now, you can set your price at 250 - 350 and make and earn between 35 - 135 per 1GB that you resell. After removing the bank transaction charges, selling 20 - 50GB per day means a profit between N1,200 - N6,000 plus per day.

It's totally free because you can use your customers' money which they sent to you to fund your data reselling account and then send the data to them. However, it will be more convenient to fund your data reselling account with a reasonable amount like 5-10k so that you will be able to deliver data to your customers faster to gain more trust.

The biggest task in data reselling is getting customers, if you don't have a popular website or strong social media pages it might be hard for you to get customers.

Hosting your SME data Reselling business

It's true that you can start a SME data reselling business without capital but you should know that doing that means selling and promoting other people's business. The websites I mentioned above are just a few of them, there are many data reselling websites and you can own one yourself too. However, this is not free, you must be willing and ready to invest some money to host your own data reselling website.

When you host your own site, you will not only be selling data but also be using it to help your customers to buy airtime, we subscribe to their cable TV, pay for utility bills like NEPA, etc.

This requires some investment, and you will need to host your website and domain name, which is not free and will partner with mobile telecoms and payment processors to enable your customers to fund their wallets conveniently. Contacting those who are already in the business for more details will be good for you so that they can help you set up the website and show you things you need to know.

#4.Freelancing


I have tried many things online, including freelancing and trust me, I know what works and what doesn't. Presently I have active Upwork, and Fiverr accounts and I have proof of payment too even back then in 2019 which I shared in this post, How I made $244 from Fiverr in Few days. My guide on making money online in Nigeria is based on experience and not on what others are saying. Being in this business since 2012 means a lot of experience for me.

So what is freelancing and who is a freelancer? Freelancing is one form of self-employment business model that enables you to use your skill to provide services to others. Freelancers typically work as self-employed individuals who provide their skills on a contract or project basis rather than as employees of an organization.

Skill: This is the most important thing. What can you do? No problem if you don't know anything yet, you can still become a freelancer as long as you are willing to learn. Even those who claim to be experts started from somewhere and if they can do it then you can as well.

Good skills that will help you make money through freelancing

  • Article Writing
  • Graphics Designing
  • Web Development and Programming
  • SEO service and Website Audit
  • Data Science
  • Administrative and customer care service

You can learn and use many skills to make money online in Nigeria. The list above is just a few of them. However, I would like to briefly explain the above-mentioned skills to help you understand them better.

Article Writing: Don't get confused when you see or hear content writing, content creation, editing and proofreading. They are part of article Writing and editing. My profession is article writing, web management and basic knowledge of web development. I have made thousands of dollars writing for people on Upwork and Fiverr.

However, I refused to dedicate all my time to writing for others because I have my web properties to manage. I rejected lots of cheap offers not because of the money but because it would be more profitable for me to use that time to work on my websites. The question is how to learn to write articles.

There are hundreds of guides on the internet that will teach you how to write, but I learnt mine by constantly reading other people's content to learn from them. As they say, practice makes perfect. We all learn. People from China, the US, the UK, Australia, and so many of them are looking for someone to write for them, and I received up to $80 to write one article for someone back in 2019.

Graphics Designing : I don't know much about graphics designing, but I have seen the potential. If you go to Upwork, you will see how often people look for graphics designers. I also have a friend who is into graphics design and makes a lot of money from it.

You need special skills and tools to join this field, but nothing is impossible. All you need is a good laptop and ready to learn. Visiting a website like udemy.com, where there are thousands of courses in graphics designing, will do you a lot of good, though it's not free, you have to pay for some courses. Also, watch YouTube videos that teach graphics designing to learn. Buy graphics designing software and join a freelancing platform like Upwork, Fiverr or freelance.com to show the world what you can do.

Web Development and Programming: This is about designing a website, and inside it, we have what we call "frontend development and backend development. Front End development is about designing a website's looks and functionalities. In contrast, back-end development involves managing a website database where all the website data is stored and processed as required.

Individual blog owners and companies are looking for someone who can design a website for them, and learning this skill mean that you are qualified for the job, and it's one of the most high-paying freelancing jobs. If you wish to learn Web programming and development, then udemy.com is the best place to learn.

SEO service and Website Audit: Experience matters in this field. SEO means "Search engine Optimization", and to complete any task in this field, you must be experienced and updated with the latest SEO tips and tricks. Millions of websites on the internet have similar content, and millions of search engines like Google, Bing and others pick the top 10-20 to compete on the front page.

For a website to be number one on the Google search page, the content must be high quality and well-optimized to rank by meeting certain SEO standards. On the other hand, an audit is a situation where an already existing website requires error fixing, and you can only detect errors through a website audit.

Some web administrators are looking for help, and learning SEO will give you all the knowledge required to complete such a task.

Data Science: Data science studies data to gain important business insights. It is a multidisciplinary method for analyzing massive volumes of data that integrates ideas and techniques from the domains of mathematics, statistics, artificial intelligence, and computer engineering.

As a data scientist, you are an inventor and a solution provider. That's what many industries are looking for. Though becoming a data scientist is difficult, nothing is impossible.

Administrative and customer care service: Some online business owners don't have time to manage their business but will prefer employing someone to manage it for them instead and to succeed in this, you must have basic administrative knowledge and be vocal enough to communicate with customers.

5. Start YouTube video marketing


Do you know that many Nigerians receive thousands of dollars every month from Google, which they make by uploading videos on YouTube? One of the biggest challenges in YouTube video marketing is the creation process.

YouTube must adhere to terms and conditions before it can start making money from its platform. You must have a good amount of views and subscribers, which will take some time and effort.

YouTube Video creation and starting process

Like blogging, the difference is that in blogging, you write and publish articles, while on YouTube, you create and upload videos. However, the process is almost the same. When you want to start a blog, you will need to pay for web hosting, domain name and pay for someone to design a blog, or you will use already-made themes.

When it comes to YouTube video creation, you will need to get a good camera that will be able to make your video look professional and beautiful. It doesn't end there. You need to learn video editing using software or pay someone to edit your videos. Yes, you can start with your smartphone if you have a good one, but if you want to take your YouTube business to another level, you must get a high-quality camera whenever you can afford one.

Just like what I said about starting a niche blog, instead of uploading anything to your YouTube, you should focus on one niche like entertainment, celebrity gossip, comedy shows, dancing, Product and tech reviews etc. You will make more money when you focus on a particular niche to show your advertisers that they will see people with common interests.

#6. Learn to write and make skits


Digital technology is now widely used in entertainment. People producing short films that are amusing or interesting are known as skit makers, and they post their works on various social media sites like Facebook, Instagram, TikTok, and more.


You may become famous and wealthy by working as a skit creator. It may be monetized in several ways, including sponsored content, brand cooperation, Google AdSense, affiliate marketing, and partnership programs with other social networking networks.

Successful Nigerian skit creators include Sabinus, Mr Macaroni, Taaooma, Brother Shaggi, and others. A smartphone capable of recording videos is all you need to get started.

#7. Start selling in popular shopping malls in Nigeria (Jumia & Konga)


Jumia is another significant online marketplace in Nigeria. The website is among the most popular ones in Nigeria. The website's users are eager to shop for various goods. Anything from phones, apparel, home goods, literature, and technology.

You may use them to start a business and sell them. The website's list of sources for products. Once someone purchases, you deliver and get paid. The good news is that you can work on this from home. You may sell online without having to have a store.

Selling on Konga.com allows you to earn money from the convenience of your home. With millions of consumers each month, Konga is one of the top online retailers in Nigeria.

You may benefit from this substantial platform. Open a profile with them. Find popular items, post them on Konga, and make sales. A product is supplied by logistics businesses when individuals place orders for it. Or have Konga take care of the delivery while you earn money. To sell, you don't need a warehouse. Just provide goods!
 

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