fbpx

March 18

Profitable Online Businesses In Nigeria In 2020

0  comments

Profitable Online Businesses In Nigeria In 2020

We are barely in the first quarter of the year and you are already irritated by the rat cycle you find yourself. You have seriously been looking for a side hustle and you have told yourself that you would quit your 9-5 job if it pays more. You are sick and tired of having to go through the same routine at work every day. All you want is a vacation and time to spend with family and friends. The right time to get out of the rat cycle is now. Here a few profitable businesses you can do online.

Online Business Ideas You Can Start Tomorrow

  • Affiliate marketing

Basically, affiliate marketing refers to a process where you earn a commission for promoting someone else’s product or service online. As an affiliate marketer, your aim is to develop an audience within your niche who look up to you for advice concerning a particular product or service. One of the advantages of affiliate marketing is that you do not have to deal directly with the customers. When people visit your website, they click on a referral link that automatically directs them to a store where they make a purchase and then you get paid.  You become a solution provider while you keep the money rolling. If you are good at this, you can make up to 6-7 figure income. To succeed as an affiliate marketer, your products have to credible and trusted. Your commission is dependent on what you are selling.

  • Digital marketing

Digital marketing ranges from social media marketing to email marketing. It gives local businesses the opportunity to advertise their products to a large audience. It goes beyond just getting an online presence as it requires strategic marketing skills. You could start a digital marketing agency that helps businesses market their products online.

  • SEO and content marketing
Also Read:  What Are The Benefits of Advertising Online? Here Are 7

In this digital era, every business has to create an online presence and one of the ways to do that is having a website but it is not enough to be online, you have to be visible enough on key search engines so as to be located by your customers thus, the demand for SEO (search engine optimization) and content marketers. One could go into SEO with intermediate knowledge of the subject. It tends to pay as the demand for SEO experts is on the rise.

  • Freelance writing

Freelance writing is one of the fastest and easiest ways to make money online. You do not need a BA. in English or language, all you need is the willingness to write and samples of your previous work. As a beginner, you would have to create samples of your writing to build your portfolio. To make headway as a writer, it is advisable to stick to a particular kind of writing as this would make you an expert in that field.

List of Online Businesses in Nigeria - Profitable Online Businesses In Nigeria In 2020
  • Dropshipping

Dropshipping refers to when a person creates an online shop to sell other people’s products and gets a commission for sales. The good thing about this is that you do not have to bear the risk of stocking up goods as you do not have anything to do with the producers and shipping of goods. You do not require so much to begin.

  • Chatbots

Thanks to the advent of Facebook, chatting with friends and family and in the case of businesses with customers has grown quite popular. A chatbot is an automated frontier for businesses that chats with their customers. It is a great form of customer service. Chatbot business has been on the rise in recent times as many people are trying to launch chatbots for businesses to augment sales and marketing. Chatbots have been considered a goldmine.

  • Online coaching and courses
Also Read:  How To Target High Paying Customers Online

In recent times, there had been an increased demand for online coaches and courses. If you love teaching you can make money from this by offering your services as an online coach. If you are successful as a coach, you could convert this to an online course on platforms such as udemy. One of the keys to being successful at this is to have the right tools for communication.

  • Blogging

Blogging has become easier than it used to and one of the best times to start a blog is now. Blogging can become a major source of income though it requires patience and consistency. It is not a get-rich-quick scheme and you should not expect the money to start rolling in immediately. You will have to capture the hearts of your readers and make your blog interesting and educative enough to keep them coming. You also need to sell something via your blog. It could be eBooks, ad space, sponsored posts, coaching, online courses, etc.

  • Copywriting

Copywriting is just another form of writing only this time; words are used more strategically in such a way that it convinces you to take action. Copywriting is an important skill necessary for email marketing, sale pages, affiliate marketing and even blogging.

  • Graphic design

A graphic designer basically designs logos, webpages, sales pages and all that. They are usually very creative and can use their designs to communicate. Every business needs a logo and they need their web pages to look attractive especially during campaigns thus there would always be a need for a graphic designer.

Also Read:  Benefits Of Solar Power In Nigeria 2020

The list of profitable online businesses is endless. You just have to do a proper study of them and determine which one you are passionate about and delve into it. soon enough, you will out of the rate race and would be able to live an independent life.  

How useful was this post?

Click on a star to rate it!

Average rating 4 / 5. Vote count: 1

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Loved this? Spread the word


About the Author

Fessburn

Related posts

HOW TO EARN MONEY ONLINE IN 2020

​Read More

HOW TO MAKE MONEY ONLINE IN NIGERIA (2020)

​Read More

7 Online Business Ideas In Nigeria To Monetize

​Read More

HOW TO CREATE AN AMAZING BUSINESS PLAN IN 2020

​Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!

>






Acquire a High-Income Skill

Discover how you can 10x your income with Chatbot Marketing and Development