Ways to Generate Income Online

Ways to Generate Income Online

Kingsley James

There are over one thousand ways on making money online in Nigeria and this article will guide you through some of the best ways of generating income online through home base business from the comfort of your house.

Not only will you learn the secret to increase your online revenue, but also have the freedom to dictate your price. In addition, you will have time on your side to do other stuffs. Just set up the right business, and get ready to rock and roll.

Let's get started.

1. Create a blog

Blogging in Nigeria is now a big business. With many things that you can write about, you may carve out your own blog niche.

There are many blogging platforms that you can use to start your blog; some are free, while you will pay on others. In starting a good blog site, I recommend you use ……

If you really want to earn money online, you need to start your own blog site. By starting a blog in a niche market, you open yourself to receiving income online. 

For many years now, people have been making a living from blogging, primarily by delivering free, actionable, entertaining, informative, and educational content on a variety of topics to their audience.

With a blog site that deliver added value to its readers, you will be receiving traffic. When you have that traffic on your platform, then, you can start to monetize it.

Here are some of the best ways to monetize your blog site.

  • Selling advert space.
  • Affiliate marketing.
  • Google adsense; and more.

2. Affiliate Marketing

Affiliate marketing is known to be a powerful income and money making business; if done right. As an affiliate marketer, your business is to get leads for other businesses to make sales or acquire new clients.

It’s very easy to make money by just referring someone to a company. You earn a percentage of the sales price or fix commission. Although the amount you earn in commission depend on the program network provider.

As an online affiliate marketing, you are actually promoting someone else products and services on either your website or other platforms; such as social media platforms and earning huge commissions in return.

Most of the top brands usually pay between 10%-30% commissions to their affiliates. All you need is to find that hot product and make others buy it or click it.

To be successful as an affiliate marketer, you need to develop strong marketing skills. By doing so, you will be able to market the product you are promoting in a variety of ways.

3. Freelancing

As a freelancer, you have the freedom to choose the project you want to do. Most importantly, you have you time and freedom to work at your own convenience.

As new business springs up every day, these business owners look to recruit freelancers. This is not only true for new businesses; existing businesses also seek the services of freelancers. As a matter of fact, business statistic around the show by that new business creates new opportunities for freelancers.

To become a freelancer, you have these two decisions to make when starting:

  • Decide on the services you want to provide; and
  • Join a freelancing job provider.

There are lots of freelance job providers out there – websites like Fiverr, Upwork, Indeed and many more offer these services.

In order to be a successful freelancer, you have to be good at what you do. 

4. Dropshipping

Dropshipping is a good way to start your own business on a very low budget; in fact, you do not have to own a single product. You just need to get pre-existing products from a supplier and let them take care of everything else. The manufacturer or supplier will take care of fulfillment, packaging, and shipping.

With Dropshipping, don’t need a warehouse filled with inventory to run your own business. All you need is to find companies to sell for. By this, I mean companies that you will be helping to sell their products and services.

As a dropshipper, all they need to do is to go online, search for the item they need, make the order, proceed to checkout to pay for it, and wait for the item to arrive at their homes.

Now, if you do not have the product to sell, you can do drop shipping instead.

You just need to create a blank online shop, find a supplier of the items that you want to sell, clone their inventory then place it on your online shop.

Once a customer makes an order, this order directly goes to the supplier. They will ship the item to the customer and you will get the payment for it.

5. SEO Consultant

The role of an SEO specialist, sometimes called consultants is to help website owners and other online businesses to gain online visibility.

There is scarcity in the number of expert online marketers in the country; especially seo professionals. If you are good as an seo expert, you have a business profitable business at your disposal.

Inasmuch as the internet is filled with the content of different topics, goods, and services; a company will need the services of an seo consultant to optimize your site, goods or service to the right people at the right time.

All in all, the key to earn great revenue as an SEO specialist is your ability to improve your client online visibility and convert leads to sales. If you can achieve that, you will continuously be generating good income for yourself.

As can be seen, these are only five of the many online business opportunities to make money online in Nigeria. There are few more others available to professionals. Just do your research well and you will find one that is suitable for you.

Resources:

https://telegra.ph/ - Free blogging platform.

https://www.google.com/intl/en_uk/adsense/start/ - Google Adsense Program.

https://yokebay.com/how-to-make-money-online-in-nigeria/ - Information on different ways to make money online.

https://studyton.com/7-digital-marketing-trends-to-boost-your-business-content/ - Online Marketing Strategy.

https://maybrands.com.ng/affiliate/ - Learn about affiliate marketing.

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