Online Making Money In Nigeria is the new trend among Nigerians, according to the Google Trends. Opportunity comes and go but it’s not the same as Making Money online, as there are and will always be Newer ways to Money Making Online.
So today, let’s get started about the Latest Ways to Make Money Online 2020 from your home, work, and school.
Below are my best and latest online money making opportunities in Nigeria. So you can choose the one which suit you. ?
How To Make Money Online In Nigeria
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 proves 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 for 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.
Let us go through some of the most popular YouTube niches that are highly lucrative…
Vlogs or vlogging involves regularly recording and publishing videos of your everyday life. If you have a large audience on YouTube, this can be a very easy way to create YouTube content because you can broadcast yourself unedited and connect with your followers on personal grounds.
2. Tech Videos
I watch a lot of technology videos because of the different equipment that are coming out rapidly and how educative they can be, especially when the publisher is well grounded in the tech space.
These days, it is not just me. Millions of people go on YouTube to watch reviews about the latest phone or learn about a phone they plan to buy.
Whether it is cooking, do-it-yourself (DIY) tasks like laundry, carpentry, doing makeup, fixing cars, teaching techy stuff like website design, etc., there are always people who want to learn how to do stuff by watching videos and you could make money off them by providing the needed content.
4. Product Reviews
I’m one of those people who like to watch a video on an item that I’m thinking about purchasing to see how it worked for someone else. Being a Product Reviewer can get you free items from companies who need their products put out there for promotional purposes and some good cash to follow it.
If you’re that funny personality at Work with your Colleagues or School with mates, or around Friends, then boom you can make some decent paycheck by entertaining YouTube Audiences with your Comedy Videos. Easy ain’t it? ? Sure!
There are lots of Niches you can Venture into when it comes to YouTube Making Money Program, all you need to be is as Unique as you can be and Make Quality Contents.
2. Start a Blog / Forum
Running a Blog / Forum is one of the easiest and time saving ways to make money online either from home or work and school as a student. Unlike other Jobs which requires a lot of time, manpower, and movements, owning a blog or Public forum is different, because you only require some dedicated hour to work from your Comfort zone and can actually hire writers, moderators for your Blog and forum Platform while you do less work & count more paychecks from your platforms.
Examples of Blog / Forum websites.
1. NaijaTechGuide – Tech Blog
2. Nairaland – General Forum
3. Lindaikejis – Lifestyle Blog
4. GistMania – News Forum
Fortunately, blogging comes with multiple revenue streams such as:
- Selling e-books on your blog
- Providing Freelancer services
- Selling online courses
- Solving & Answering Questions
- Make money from affiliate marketing
- Publish Google ads on your blog (Advertise products and brands)
- 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. Your best method of starting would be to design a blog or create a forum like Nairaland and grow your audience using a few strategies in this post.
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, you may Quit your current job and become a full-time blogger because the returns on investment would not be comparable by then.
Rest assured, when you click here to register for the course, you’d become a professional blogpreneur.
Suitable for: This online money making opportunity is best for folks who love to write and share knowledge.
If you want to build a successful blog and start monetizing it, our training course has everything you need. We don’t only teach website optimization, traffic, email marketing and the likes, we will also teach you how to make money off your blog.
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.
Affliate Marketing as been a way to go for Niche bloggers, to display related affiliate products on their platform to their Visitors.
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. Publish & Sell eBook
If you have impressive writing skills, are you a storyteller? if you 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…
…all of which you can do on the computer you have right now.
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.
Basically, you can leverage on the booming request for these eBooks and generate a stable passive income source.
First, What is An Ebook?
Ebooks are…wel…books that are delivered, downloaded and sometimes, read online.
You 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.
Even when you know how to, leveraging on writing ebooks on Amazon kindle requires some top-notch skills to identifying the niches that will profit you and using ice breaking digital marketing skills and strategies like keyword research and social media marketing to promote and get your books sold.
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.
5. Sell Service On Fiverr
Do you have a skill that’s valuable to other people? You may be able to make money from it on Fiverr.
Fiverr started with a simple concept: offer a service — or Gig — and get $5 each time you do it for someone. These days, Gig sellers can make more than just $10
If you decide to offer your skills on Fiverr, you could start making a side income. However, note that it could take a long time before you bring in significant earnings, especially as you’re competing with top sellers who have many five-star reviews.
You simply need to focus on providing high-quality works and maintain good ratings. With that in check, you’d get new and recurring customers from selling your digital products.
How do you get paid on Fiverr?
When Fiverr first started, you were only allowed to charge $5. Now you can charge more — anywhere from $5 to $995.
While you’re setting up your Gig, you can create packages of your service — Basic, Standard and Premium packages — charging different prices for each. For each package, you can add Gig extras and charge additional fees. A common extra is expedited delivery, where a buyer pays more money on top of the normal Gig fee to have the seller deliver the service more quickly.
Withdrawing your earnings
When you’re ready to cash out, you have a few options to withdraw your funds:
- Direct deposit to a bank account (only available to US sellers).
- Bank transfer.
- Fiverr Revenue Card.
The Fiverr Revenue Card is a debit card supported by Payoneer and Mastercard.
Suitable for: This online money making opportunity is best for people who love to help others and people who work as freelancers doing what they really like.
6. Start your Podcast
A podcast is a digital audio file made available on the internet for downloading to a computer or other portable media player, typically available as a series, new installments of which can be received by subscribers automatically.
You can sell these podcasts instead of giving them out for free. But ensure they are compelling, insightful and original.
We gain a lot of traffic, engagement and even money from releasing podcasts that are very profitable. The beauty is that it is audio and so peole do not get to see your face.
That way, you can save the cost of having an expensive workstation. You can learn more about how to monetize your podcasts in our digital marketing course.
Combined with our video markeing course, you can become one of our students who use audio and video based marketing techniques to reach out to their audience and even sell their products.
Are you ready? Click here to join them now.
Suitable for: This online money making opportunity is best for people who likes to talk and explain things.
7. Develop a software
Software development is the process of computer programming, documenting, testing, and bug fixing involved in creating and maintaining applications and frameworks resulting in a software product. It requires the knowledge of any programming language.
Suitable for: This online money making opportunity is best for people who like to develop new things and like technical stuff.
Developing your software and not knowing how to sell your software online still won’t get you money online,
Yes, I agree, you’re skilled! But we have a team of professional digital marketers who can show you how you can promote that software and get people to pay to have them.
8. Become a Freelancer
A freelance business is a great business model that allows you to get started with virtually no overheads that you can start almost immediately with a bit of time and passion. So many people think freelancing is just for creative professionals but I have learned that the business model is so much more.
I define freelancing or freelance as:
A term commonly used for a person who is self-employed and is not necessarily committed to a particular employer long-term.
Basically, as a freelancer, you execute different services like copywriting, graphics design, website design, social media management, and many more for clients online.
9. Become a Graphics Designer
Communication is highly effective when business objectives meet visual aesthetics accordingly. Let’s be honest graphic design is used to persuade its target audience to care about the design in front of the brand.
Graphics design is one of the most important aspects of business because graphics is something that catches our attention and attracts us towards products and brands.
Quality graphics helps to build the brand’s image into customer’s eyes, they create a long-lasting positive impression on people.
Due to the rise of the internet and technology, new businesses are springing up every day and that why the need for eye-catching graphics has become crucial to many businesses.
This is why there’s an ever going demand for graphics designers. You as a person who wants to make money online can leverage this opportunity to change your fortunes.
As a graphics designer, most of your jobs will include websites, logo, print headers, illustrations and product interfaces.
Suitable for: This online money making opportunity is best for Artists, Designers and Painters.
Without digital marketing, It becomes very hard to market your graphic design skill online. For instance, its one thing to have the creative skills for graphic designs, and it’s another to actually know the many ways and platforms that you can apply this skill to make money for you.
To sum it all up:
Now, making money online should seem like a pleasurable activity. Why wouldn’t we do just about anything to see things through, since it would be a major source of income, right?
With my list of the latest online money making opportunities for passive income, I believe you can start making money online by leveraging on the online business opportunities you have above.
If you have any question as regarding how to start making money online or you want to get hands-on with any of the following online money making ideas mentioned above. You can Drop your Comment Below.