How to Make Money Online in Nigeria
Hi, dear reader in today’s post we will be looking at ways to make money online in Nigeria.
Sell Products Online
Selling goods online is a good way to earn good money especially in Nigeria. But the difficult part of it is knowing what you want to sell. So I will advise you to start with what you love if you love fashion then start with selling clothes or beauty products, but if you love gadgets why not start with selling phones or equipment but don’t sell too many products.
Here in Nigeria, you can decide to sell through an e-commerce site like Jumia or Konga. But the problem is that they take a heavy commission of your sales and you will also have to compete with other people that are selling the same products.
So if you want to avoid all these issues I will advise you to own your own online store where you can send customers through social media and google.
Freelancing is another means of making money online. But in freelancing all you need is digital skills, so if you have any digital skills all you have to do is to offer them to those who are looking for them online.
There are many freelances works you can get, you can be a writer, web designer/developer, digital marketer, graphic designer, and even a project manager. If you have good excel skills, there are works you can do online and get paid well.
Investing in Bitcoin and Other Crypto
Due to the present fall in naira value, it will be advisable to invest in cryptocurrencies because these currencies are digital, decentralized, and are unaffected by economic recessions.
You can start your investment either by trading or by buying and holding. Trading means you will buy bitcoin at a low price and sell at a higher price, meanwhile holding and buying involves buying crypto with the hope that the value will eventually go up then you can sell it and make a profit.
Blogging is one of the sure ways of making money online. Well-managed blogs can make Between N40,000 to N3 million per month.
Starting a blog is very easy, actually, more than 30% of websites on the internet were built with WordPress. You can develop a WordPress blog by buying a hosting plan and a domain name on Hostgator.
You have to build an email list as you gain traffic to your blog.
Earn Money as a YouTube Vlogger
Just like blogging vlogging is also a good way of making money online. You can either choose to vlog about your life or any interest you have.
YouTube actually the best place to start a vlog you can earn money from.
Investing in Foreign and Local Stocks/Shares
Another way of making good money online is by investing in foreign stocks. Though it also comes with risk and requires some financial knowledge.
When you are buying stocks, it’s advisable to buy stocks of companies that would be around for a long time.
If you want to invest in foreign stocks here in Nigeria. You can invest in shares in Nigeria through apps like Trove and Bamboo.
Selling your Design Online
If you can design things that can look good on T-shirts, hoodies, masks, and mugs. I will advise you to sign up for Printivo. Here in printing you can upload your designs to be placed on different things of your choosing.
Anytime a customer uses your design or buy’s an item with your design on it, Printivo pays you 15% of the value of the item.
So if a customer orders any item with your design on it if the item is worth N100,000. You get N15,000 cool right.
for more information visit www.cafegist.com.ng