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Making money online in Nigeria in 2019 (case study)

First and foremost, making money online in Nigeria is easy but not simple.

There is only one way to make money generally, and that’s by “offering value”.

If you are actually making money in any industry or niche without providing value, then that’s to say, such money is not legit.

People only exchange their money with your value. For instance, I pay you 1500 Naira to wash my car,  I just exchanged my money with your service (value).

That’s the general sense of making money in any industry and this works both for online and offline.

Thus, if you must make money online in Nigeria or any part of the world, then you must first provide value or services.

So throughout this article, I want to coach you on a few proven and trusted ways you can provide immediate values and earn a huge living online.

What I want to share with you in this article, is 70% from experience. I’ve literally tried virtually most of them.

I’m not really interested in how long you’ve been on the Internet or how much you’ve known online, the truth is, when it comes to making money online, it becomes a different ball game entirely.

This is a point where most gurus fail and get frustrated.

There are tons of ways you can Making money online in Nigeria.

In this article, I don’t want to confuse or complicate your mind, as such I would only be writing on selected proven and tested method that you can implement right away without much hassle.

Trust me, if you are just starting out online, then what you are about to read will definitely change your life.

But before I dig deep, let’s be real, this is online, not offline, regardless of what I’m going to share with you, you need to do your own personal research afterward.

Otherwise, you may end up frustrated and be failing just like other gurus.

Knowing is not enough, but adequate actions can spring you to an unbelievable range.

I’m guiding you exclusively on Making money online in Nigeria.

Making money online in Nigeria

Making money online in Nigeria

WAYS OF MAKING MONEY ONLINE IN NIGERIA

In a general, making money online in Nigeria or any part of the world is divided into two major categories, namely;

  1. Making money through an already existing platform
  2. Making money through creating your own platform

 

Making money online in Nigeria through an already existing platform

There are tons of already existing platform or trusted website where you can dive in, study what they want and start crushing it. The services you can offer in this platform include:

  1. Freelancing
  2. Vlogging
  3. Affiliate marketing
  4. Social influencing
  5. Domain Flipping
  6. Buying and selling of Expired domains
  7. Crypto trading
  8. E-commerce
  9. Forex trading
  10. Being a publisher to ad networks
  11. Sell A Video Course on Udemy and co
  12. Sell on Konga
  13. Sell on Jumia
  14. Write Articles on Authority Websites
  15. Buy and Sell Domain Names
  16. Sell Photos
  17. CPA Marketing
  18. Become an Amazon Associate

Also, when we talk about Creating your own platform, in this category there are tons of ways you can make money online in Nigeria; and these include:

  1. Blogging
  2. Online coaching
  3. Mini Importation
  4. Comedy
  5. Email Marketing
  6. Create your own eCommerce Store
  7. Create a Membership Site
  8. Start Copywriting
  9. Developing a software

Now we are going to dig deep into each of them a little bit.

Hey; don’t blow up, I know it seems much and overwhelming, but you just need to follow me closely.

 

HOW TO MAKE MONEY ONLINE ONLINE IN NIGERIA

 

FREELANCING:

Anyone who’s into freelancing is called a freelancer. A freelancer is simply someone who’s working on a contract basis for different companies, agencies or individuals.

A freelancer is self-employed and he/she is not necessarily committed to a particular employer for the long term.

Primarily, you get here to look for a job, what happens here is the exchange of skills with money. If you are good at anything, for instance, if you are good at content writing, website development, software development, business guidance, advertising, graphics design, video editing, etc.

You can join any freelancing website, create an account with them for free, and write about what you can do in your profile description, an interested client from different countries all around the world will contact you.  Making money online in Nigeria through this means is really guaranteed

Top 9 freelancing website are:

  1. Fiverr
  2. Upwork
  3. PeoplePerHour
  4. Toptal
  5. DesignCrowd
  6. Nexxt
  7. TaskRabbit

I’ve personally made a killing with fiverr.com. I’ve worked in fiverr.com and was able to bill some client up to $1500 per job. I made about $15,000 here in one year.

Also, I coach people on freelancing too, and how to earn a living here. In case you want to dig deep into this platform you can higher me to get my awesome guide on Making money online in Nigeria

 

VLOGGING:

Vlogging simply means video blogging, in other words, Vlogging is a blog that contains only video content.

In this platform, people make money online by providing quality videos, either in the form of a tutorial, entertainment, message, or lecture.

The most popular and recommended video website is youtube.com, here you have varieties of options on how to monetize your video content.

You can decide to place an ad on your video by applying for Google AdSense, you get paid per each view you get in your video.

According to a trusted source, it has been stated that about 1Million views can get earn you a thousand dollar.

I’ve personally worked on this platform too, my experience was great. I worked here for a few months, and in one of those lucky months, I was able to generate about $300.

I didn’t work here for long though. So if you want to make money online in Nigeria you can give video blogging a try. This is the few skills you’d have and start Making money online in Nigeria.

 

AFFILIATE MARKETING:

This is the process of earning commission by promoting or selling other people or companies product.

The logic here is pretty simple, there are companies or individuals with lots of quality product which they would love to sell more.

As such, they offer some incentives to anyone that can help promote or market their product (this is done through affiliate program).

Therefore, you can help promote or market their product in any product that seems good to you in any platform depending on their terms on conditions. After each successful sells has been made, you earn a commission.

Top few websites you can make money in Nigeria via affiliate are:

  1. Amazon associate
  2. Click Bank
  3. Jumia
  4. Konga
  5. eBay partners.

Personally, I’ve tried amazon associate and click bank they are cool. I had a bad experience with Jumia affiliate, but few of my friends seem to be crushing it over here.

You can give it a shot too. Making money online in Nigeria via affiliate is quite lucrative. You can earn some few millions of Naira if your marketing approach is cool.

 

SOCIAL INFLUENCING:

Social influencing or social media influencer is someone who has attained some level of credibility in a particular niche, as such build a large list of loyal followers or fans who are willing to listen to them.

People keeping making money online in Nigeria through this means too. If you are a comedian, actor or singer, etc. If people love what you do, they may either follow you on social media, Facebook, Twitter, Instagram, and Snapchat Or subscribe to your YouTube channel, with anticipation of always listening to you.

If your fan base is large enough, people can pay you to advertise their product to your fans, thus making money in return.

This is a very lucrative business to build, though it takes a lot of time but definitely worth it, if you feel you got what it takes then go give it a shot!

 

DOMAIN FLIPPING:

Domain flipping is the process of buying a quality domain with the intention of quickly selling it off to make profit.

Just think of this as house flipping, it works just as same. You can earn a living online in Nigeria just by doing this.

You can buy a domain for as low as $30 and sell it off for about $100 to $1000 if you know what you are doing.

You can dig a little deep into this if you are interested in making money via this means.

 

BUYING AND SELLING OF EXPIRED DOMAINS:

This may seem a bit close to domain flipping but definitely isn’t the same thing.

Here, all you do is a source out for expired domains with good qualities such as Domain Authority, backlinks, domain name, domain age, page rank, etc. when you find it, you dust it off and buy.

Then take it up for sale at a more expensive ridiculous rate, the return on investment (ROI) here is always insane and ridiculous. You can buy a domain for as low as $11 and sell it off for about $50 to $5000, depending on the qualities of the domain.

 

CRYPTO TRADING:

Cryptocurrency is simply a digital currency designed to serve as a medium of exchange.

There are people crushing it real big in this line. You can as well make lot of money online in Nigeria through trading in crypto.

Trading in cryptocurrency is typically divided into two part, which are:

  1. Long term investment and
  2. Short term investment.

There are thousands of cryptocurrencies out there such as bitcoin, ethurium, litecoin, electronuem, ripple, bitcoin cash to mention but a few.

For long term investors, what you do basically, is to dig deep into the market and buy the coin you think has a better future. Currently, all the cryptocurrencies are cheap and it’s believed to appreciate after some while.

So you can buy the ones you have to believe in, after doing your thorough research about each of them.

You buy and HODL (hold on for dear life) for a while, it could be a matter of 6month interval or years. When the value is finally appreciated, you sell it off to make some profit. In summary, buy low and sell high.

As at the time of writing this, I’m currently investing in some few coins as well. Bitcoin, litecoin, ripple, and electroneum.

Please note: this market is extremely risky and volatile, you can lose all your money in few clicks if care is not taken, also you can leave your dream life in few clicks if everything works just as planned.

For short term investors, what they do is take advantage of the volatility of the market. Either buy low from cheap sellers and sell higher to consumers or buy some coin that is believed to appreciate as soon as possible, hodl for a while, then boom! The price appreciates, then sell off.

In general, everything here revolves within buying and selling. Buy low and sell high. This is obviously one of the latest ways of making money online in Nigeria and around the world, but definitely not for newbies.

 

E-COMMERCE TRADING:

E-commerce is simply the process of buying and selling of goods and services using the internet.

Just like you can own a normal store or shop offline you can also own the same shop online and sell your goods and services electronically.

This is one of the latest methods of making money online in Nigeria.

In a simpler sense, this is just a process of getting a website online, then you sell off your product via this website.

You can decide to sell a physical product such as T-shirt, shoes, bags, pieces of jewelry and other physical stuff, such that when a customer place an order on your website, you can ship the physical product down to him/her

Also, you can as well decide to sell a digital product such as video courses, eBooks, graphics designs, music, etc. or you can even decide to sell a virtual product such as membership, services, warranties, etc.

You can make a lot of money via this means. Just like every other field of study, you need to be fully grounded in this field before getting started.

READ ALSO: How to open and manage restaurant business in Nigeria

 

BEING A PUBLISHER TO AD NETWORK:

You can also make a decent amount of dollars every month just by being a publisher to ad networks.

There are tons of advertising network such as:

If you have a website with a decent amount of traffic, these ad networks can help you monetize your website by just placing ad code on your website.

For instance, Google AdSense, this is a P.P.T (pay per click) network and it’s also regarded as the best ad network worldwide and pays far better than any other ad network.

You can apply for their as a publisher when you are fully approved, you get their ad code place it on your website, and you get paid for every single click your visitors clicks on their ad that is displaying on your website.

This is a very profitable and soft way of making some cool bucks online for website owners that has decent traffic on their site.

Cost per click, for instance, can vary between ≥ $0.01 to $5 and above. Imagine having up to 100clicks with a CPC (cost per click) of $5 in a single day?. That should earn you around $500 in a single day without pulling strings.

If you really want to make a decent amount of money online in Nigeria you can consider being a publisher to an ad network.

SELL A VIDEO COURSE ON UDEMY AND CO:

First of all, what’s udemy?

Answer: Udemy is simply an online learning portal where you can buy and sell digital tutorials of any sort.

Similar platforms to this are:

  1. SkillShare
  2. Coursera
  3. Simplilearn
  4. QuickStart
  5. Lynda

You can make a huge income from this platform.

If you are knowledgeable about any field, especially a digital skill, but note: this is not only limited to digital skill.

You can teach anything of any sort and upload the video in these platforms, the desired student from this portal will buy your course, Udemy takes some commission and pays the rest to you.

You teach courses such as SEO, Programming, Corel Draw, mathematics, etc. but make sure you are really good at this. Because there is a section for questions and answer from student after buying your course. You can leverage from this platform and make a descent amount of money monthly online in Nigeria.

 

SELL ON KONGA:

If you have an evergreen product or a very good product that has values to man and its society, one of the quickest way you can make money online is by selling such product over here in konga.com.

Sometimes you may need to create a product if you don’t have any and sell it off in konga.com. All you need to do is create an account with them for free and start sampling your product in their website, if you want the faster and quicker result you may need to promote your store link to get more visitors coming to your store, thus enhancing sales.

 

SELL ON JUMIA.COM:

Just konga.com so is jumia.com. This two platform is literally one of the biggest and trusted e-commerce website in Nigeria where you can buy and sell.

If you want to make a decent income online, you may check out more about this.

With this skill, you are guaranteed in Making money online in Nigeria

 

WRITE ARTICLES ON AUTHORITY WEBSITE:

This is one is pretty easy and decent. If you are a passionate writer or feel you got what it takes, then you can monetize that online by writing to authority or trusted website.

There are lots of mega websites out there looking for writers, an example is this website you are reading right now Harrypedia.com. Here in Harrypedia, we pay up to 1500 naira per every approved article. You can read more about writing for harrypedia.com here….

 

Not only Harrypedia.com, but you can also as well take to your writing skills to freelancing website like fiverr.com, upworks.com, etc., create an account with them and write for clients. I’ve talked about this earlier in the pre topics.

I would love to mention the name of some site you can write for, but I don’t want to attest for any site I haven’t written for myself. But let me give you a simple guide on how to source for such site and make your choice from the list you got.

Search with this keyword ‘’write for us’’ on Google and then chose any website you feel is trusted and apply.

Yeah, this is also one easy way you can make money online in Nigeria especially for talented or professional and passionate writers.

 

BUY AND SELL DOMAIN:

All through this method may sound pretty techy, however it also worth giving it some time or trial.

If you are very good at choosing domain names, then you can simply go to godaddy.com and buy as many professional domains as possible, create an account with flippa or sedo and sell your domains there.

You can also offer this service on websites like fiverr.com or any freelancing website and help a client choose the right domain that fit their businesses for them.

Making money through this is pretty lucrative too if you know what you are doing.

 

SELL PHOTOS ONLINE:

If you are a photographer or has a passion for producing professional photos either for brands or website.

Photos such as modeling photos, brand photos, logos, smiling photos, quality HD photos for advert etc then you can monetize this skill by producing those photos and selling them on photo website such as Shutterstock, Dreamstime, Alamy, etc.

Making money online in Nigeria through this method is pretty decent and lucrative too.

 

CPA MARKETING:

CPA simply means cost per action. CPA marketing is a form of affiliate marketing where advertisers pay only when an action is taken.

Actions such as submission of an email, filling of the form, watching of videos online, playing of games, etc.

The difference between this and affiliate marketing is that you don’t necessarily need to make sales before you get paid.

If you are a website owner with decent traffic or audience on your site, you can sign up for CPA NETWORK, such as maxbounty, peerfly, clickbooth, etc.

Whenever any of your visitors take any action after visiting the promotion link, you get paid in the process.

Depending on what you are promoting, but you can make a very huge decent income from this network if you have quality traffic on your blog.

You can as well sign up for an affiliate network and advertise your affiliate link through a paid advert.

Using this method, you can as well make money online in Nigeria.

 

BECOME AN AMAZONE ASSOCIATE:

This has earlier been explained under affiliate marketing. Just read on it and follow the same procedure here.

Specifically, Amazon associate is currently the biggest deal in the market if you really want to crush it real big in affiliate marketing.

 

BLOGGING:

This is one of my all-time favorites. Basically, this entails opening a blog and providing valuable content on your blog, then you monetize the blog afterward.

 

For instance, you can open a weight loss niche blog, and provide valuable tips on how to lose weight and burn excess body fat. You may decide to sell an ebook on your blog if your visitors want to get exclusive info, they can buy your ebooks and learn further.

 

Or you may decide to monetize your blog via ad network like adsense.com, content.the ad, propeller ad, etc. Or you may even decide to make money via affiliate etc, or you may decide to make money via all at once. This is literally one of my all-time favorites.

 

ONLINE COACHING:

If you feel you that you are pretty good at what you do, you can decide to start up a coaching program.

You can build a course around what you do and starting advertising your service via social media to get a client who’s going to patronize you.

You can charge them to coach or guide them on how to make it in that field.

For instance let’s say you are able to get 100 client who pays you about $100 monthly, which means you are $10,000 reach every month. This is one of the few ways you can make huge income online in Nigeria.

 

MINI IMPORTATION:

Right now this is the trending way of making money online in Nigeria.

This entails ordering for goods overseas at a cheaper rate and selling them off in Nigeria at a higher rate to make more profit.

Currently, I’m selling goods I got for $0.9 each from China and selling here for $45 each. I sell about 100 to 150 packs of the product every month, this is how lucrative this niche is.

All you need is import from China or any other foreign country of your choice, but make sure you are selling something that has value to customers, also, make sure it can’t be bought in any local store.

The run Facebook advert for it, and sell it off at a higher rate.

 

COMEDY SKIT:

If you got the talent of making people laugh, you can use this skill to make money online. By opening an Instagram or Youtube account or both to build followers and subscribers.

Then you start producing funny video comedies and joke, eventually, you’d have a large audience base depending on how likable you are and degree of exposure.

When you have finally build a large audience base through this platform, people can pay you to promote their content on your handle. Also, you can as well monetize your Youtube channel via Adsense. With this, you can start Making money online in Nigeria

Honestly, this method of Making money online in Nigeria is currently trending.

 

EMAIL MARKETING:

You can as well offer free premium content to people in exchange for their email and promote your premium business to them afterward through their email

This is lucrative too if you know what you are doing, you can make a killing in this niche too.

Although Making money online in Nigeria through email marketing is not really as lucrative as having a foreign countries email list. like the USA, they convert better

 

CREATING YOUR OWN E-COMMERCE SITE:

Just like Jumia, Konga, eBay, Amazon e.t.c you can create your own e-commerce site, upload your product there, and promote your brand via a Facebook ad, Youtube ad, Adword, Instagram ad, etc. This can be lucrative too and one of the ways you can make money online in Nigeria.

 

CREATE A MEMBERSHIP SITE:

You can create a membership site for premium users. You offer service there, anyone who’s interested upgrade their membership to access to the premium content. Making money online through this method is pretty straight forward.

 

DEVELOP SOFTWARE:

If you are an app developer you can easily monetize this skill online by creating apps that have values and uploading them in Google play stores for mobile users.

You can decide to place Adsense on the app and get paid when a user uses the app or you can as well decide to enable upgrade feature in the app for premium users. With this skill, Making money online in Nigeria is pretty easy.

Now over to you, is there any method you know about Making money online in Nigeria that is not mentioned here? kindly share in the comment box.


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