Digital Entrepreneurship: 5 Legit Ways to Make Money Online in Nigeria

Digital Entrepreneurship: 5 Legit Ways to Make Money Online in Nigeria

December 1, 2021 0

Is it possible to make money online in Nigeria? Yes, it is and there are several ways to do this today. 

Nigeria’s population is estimated to be over 200 million people. According to NCC’s report of June 2017, about 91 million Nigerians have access to the internet. About 85 percent of these individuals use mobile devices to access the internet.

Digitalization has provided a great deal of flexibility and made life easier for many people. It has made it simpler for businesses to flourish. Also, it has made it easier for people to stay in touch and earn money online. That is the beauty of digitization which refers to creating a digital representation of physical objects or attributes. To put it another way, digitization is the process of transforming a non-digital object into a digital representation or artifact.

5 Legit Ways to Make Money Online In Nigeria 

Almost anyone can make money online these days. You can either use this as a means to supplement your income or sell products or services as your main income source.  In this article, we have taken time to highlight the 5 legit ways you can make money online in Nigeria. 

Start a Youtube Channel

Digital Entrepreneurship: 5 Legit Ways to Make Money Online in Nigeria
YouTube offers you boundless opportunities to make money online

This isn’t the easiest but a legit way you can make money online. It requires consistency and effort. YouTube is a very popular platform. This platform receives over 5 billion visitors in a single day. 

A single YouTube channel with a large number of visitors can earn up to $12 million each year. How do you make money via YouTube? The number of subscribers and views your material draws are very important. Also, the level of engagement it creates will have a significant impact on your earnings. There are so many niches to explore and you can include vlogs, tech videos, tutorials, comedy e.t.c.

Affiliate Marketing 

Another legit way you can make money online is through affiliate marketing. According to Wikipedia, affiliate marketing is a “performance-based” marketing strategy. It involves driving sales and generating significant online profit. 

Affiliate marketing involves earning a commission by promoting the products of another person or company. The affiliate simply finds a product they like and promotes it. After doing this, they earn a portion of the profit from each sale they make. 

Getting started is simple. All you have to do is get a website then check out offers or merchant listings. You should look for something you think your friends would like, then take your affiliate link and share it.  Or you can do an inventory of the products or services you will like to promote. Then pick the products that have the best opportunities and would lead to affiliate profit and run with them. 

Social Media Management

Social media management is another way to make money online. There are high-profile individuals, small and medium-sized businesses, and other organizations that require help with their social media accounts.  

You can be their plug if you have a knack for social media management. All you need to do is learn the necessary digital marketing abilities to connect with your target audience and succeed. Some companies even advertise job openings as a result of this. Are you constantly on social media, conversing and posting? Why not put that same energy to work by managing someone’s profile online and getting paid for it. 

Online Teaching 

You can teach online if you are an expert at a subject matter or enjoy teaching others about it. There are several platforms that you can use like Udemy and Skillshare. Simply create short videos in areas that interest you. You can pick any niche ranging from programming to marketing, fashion to music, video editing, and graphic design. There is a huge variety of topics so the opportunities in this sector are limitless.

Furthermore, you are compensated for each student who enrolls in your course. Anything and everything is acceptable. Simply deliver value in your instruction, and the money will follow.

Virtual Assistant

Digital Entrepreneurship: 5 Legit Ways to Make Money Online in Nigeria
You can earn money as a virtual assistant

Virtual assistance is one of the most popular online business ideas you can leverage on. All it takes is for you to work as a personal assistant online. The good news is that you don’t have to be in the same physical place as your customer to succeed. Once you learn the ropes, you can use your expertise to assist others and operate their businesses.  

Conclusion

There you have it for how to make money online in Nigeria. We hope that this list will provide you with lots of ideas to get started making money online. Note that none of these methods are “get rich quick” schemes. As such, you need dedication, perseverance, and a lot of effort to succeed in making money online. Please, check out our website to find other articles regarding how to start a business in Nigeria.

Rejoice Obike
Rejoice Obike
Rejoice Obike
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