5 online businesses you can start now
Starting an online business is the best thing anyone can do now, as it will help you have multiple streams of income and enable you to work from home.
You can make a living from many online businesses from the comfort of your home. In Nigeria, there are many internet billionaires and millionaires who make their living from the web.
Many bloggers, freelancers, copywriters and even YouTubers are making millions from their respective online businesses, you too can.
Making money from an online source can be fun and easy but it takes time. The time is worth it as it will be a passive means of income for you once it’s stable.
Once you have an idea of digital marketing and social media, then you are good to go with your online businesses.
Before we get started on how to land your online job, it’s good to know the requirements needed to start working online
Benefits of having an online job
- It creates a source of income for you
- You earn even while you are asleep
- You make money with ease, without stress
- Having multiple online jobs will create different streams of income for you
- You will stay off being broke
- Having an online job will help you work from home
- It frees you from the 9 to 5 job hours
- You will become a boss of your own.
The list is endless, there are many benefits of having an online job.
What you need for your online job
Before you kick start your journey on How to start making money online.
You should consider what you need to enable you to communicate online. Once you have all the requirements available, then you are one step away from making money online.
To make money online you need these stuff to get started.
- A smartphone or a laptop
- A good internet connection
- The right information
- A bank account
- And a valid email address
Once all these requirements are meant, you are good to go, you should go ahead to choose a profitable Online job to do.
Below is the list of 5 online businesses you can start now.
1. Affiliate Marketing
Affiliate marketing is one of the easiest ways of making money online, it’s fast and quite easy to make money from. It is very lucrative though many people overlooked it as a means of making money.
Here you just have to refer people to buy another person’s or company’s products for a commission.
With affiliate marketing, you don’t need to have any products of your own. You just need to market other people’s products and get a commission when they buy through you.
Affiliate marketing is worth millions of naira as many companies are looking for marketers that will advertise their goods to a large audience online.
To be successful in affiliate marketing you should target key products or industries. Create a blog on those topics, then promote the products there. This will drive in many potential customers.
You can also drive in customers from your social media page.
Once your customers make a purchase, you will earn a commission depending on the price of your commission.
There are many affiliate marketing networks that you can join and get products or services to promote. Some of them are Amazon Affiliate, Jumia Affiliate, Konga Affiliate, Commission Junction and more.
Freelancing is a very lucrative online business that most of us overlook, you can make lots of money from freelancing.
Freelancing is all about offering services online to people who need them. If you have any good skills you can offer them up to people online and make your cool cash.
The good thing is that you will be able to work from home. This online business is good for students who can spare their leisure time to work and make money.
There are many skills that you can put out there as a freelancer. It could be writing, graphic design, typing, translation, desktop publishing, programming, video editing, social media skills and many more. People are looking for people like you to collaborate on projects, people with skills.
I Can’t Write about the best online business in Nigeria without mentioning blogging. Without mincing words blogging is one of the best online businesses in Nigeria.
Because it’s a means of generating passive income, blogging is a one-life investment that can generate lots of money if handled properly.
Newspapers and paper magazines are gradually fading away, as you can get the latest news and fashion trends online. Just by visiting any blog of your choice, you will get all that you need.
Unlike starting a newspaper business, you. Can start your blog page and post regularly to make lots of money.
With a blog site, you don’t need to pay for any office or even need a huge capital to start. All you need is to pay for your hosting and domain name then you are good.
In the beginning, you may struggle because you are fresh, but as long as you know what you are doing and keep growing your audience, you will be making over $1000 (over N650k) a month in a year or less.
If you are looking for an online business in Nigeria that pays then blogging is the way to go.
4. Amazon kdp
Amazon kdp is also a sure way to make money online from home,
Have you’ve been hearing about Amazon KDP
And how people publish books without writing;
but you don’t understand how it happens or what they mean.
Permit me to briefly explain to you how it works and how you too can make money from it
Amazon Kindle Direct Publishing is the publishing section of Amazon.com
A platform owned by Jeff Bezos, where you can publish books either long reads (books with hundreds of pages), short reads (books with lesser pages) or even Low and no-content books
Upload Books like notebooks, log books, sketchbooks, colouring books, puzzle books, activity books etc. for FREE and get royalty (money from people buying them on Amazon), from all over the world by the over 300M+ active customers of Amazon.
You too can queue in and make it big from Amazon kdp.
5. Opening a YouTube channel
Having a youtube channel is also a sure way of generating income from home. It is an online job that allows you to make money posting videos.
The videos can be either yours or a downloaded video
YouTube stars are today’s self-made celebrities—people who have earned a target market by creating video content geared toward teaching, entertaining, reviewing, and being first-rate on the web.
Making money on YouTube might now not be your cause for beginning a channel, however, the opportunities to earn are a satisfactory surprise once you realize how many of them there are. Luckily, there are some creative approaches to making money on YouTube.
Your target audience would possibly free up your YouTube channel’s earning potential, as is frequently the case with Instagram influencers or bloggers, but it’s the advent of a couple of income streams, through side hustles or businesses, that helps you make money.