I present to you top 15 Online Businesses you can do in Nigeria or anywhere around the world as we cap up the year 2019 and enter 2020.
Have you been searching on Google for online business to invest in Nigeria? Search no more. Today is a great day for you to choose from the many online business opportunities that I will be discussing below. It is said that opportunities come but do not linger so, I encourage you to grasp this privilege and thank me later.
Advantages Of Online Business
You may ask. Why online business? Here is why you need to give it a shot.
1. Cheap start up
Doing your business online is very cheap compared to the charged and stress you have to undergo in setting up a physical shop, where you will have to rent a shop in a good and open location, decorate the shop and then stock it up with goods. Here, all you need to do is get a website if you must then start up your business or better still, create a social media account on Facebook, Instagram Twitter or any of them and run an advert on what you are doing or trading. That’s all. Cheap isn’t it? Yeah.
2. Nearness to large audience
Having an online presence either via your blog, website or social media handle grants you the privilege of letting the world know what you do while sitting at home. Findings have it that businesses that have online presence do far more better than those without. Do you even know that Jumia, Konga and the likes make big cash because they have online presence? There are no goods in their offices. You will go far having one.
3. Easy to manage
Having an online presence or doing an online business is very comfortable and easy to manage. You can actually make thousands and millions at home while lying on your bed. You can work anytime and everything you wish to provided you have light and data, unlike setting a up a shop and waking up in the morning to go to work and retiring late at night. With you laptop or smart phone, you can monitor and manage your business.
4. Presents better opportunities
I know friends who work for international companies that they haven’t met one on one. The good thing is that, as you work for these foreign companies, you are likely to get a free visa to visit the country with all expenses paid for you. Having an online business will avail you the opportunity to interact with great people who are vast in ideas. You adopt latest skill and ideas to grow your business and forever stay ahead of your mate.
Here are 15 Online Businesses you should consider in 2020
Don’t be left out. Join the moving train.
It is no longer news on how blogging has over the years become a very lucrative business. What comes to mind when people hear of blogging is Linda ikeji, though she has been successful in the her niche(gossip) but there are more niches that are left undeveloped, niches like information, agro, health, business, education and lots more. Search for your strength and build a blog for your self.
2. Online videos
Online video blog known as Vblogs are booming today because people want to be entertained. Think of comedy, talkshows, sport highlights, short video clips and lots more. YouTube is one of the biggest and most visited website in the world today. People display life hacks and lot more and make money daily from views and other affiliate businesses. Think about it.
3. Teaching online courses
Can you fluently speak and teach foreign and local languages? If yes, why not build an online presence, where you tell people what you can do. People are interested in learning new things daily at their convenience. Make money by teaching them.
4. Blog and website flip
In the 90s, a young lad built a blog with the name as pizza.com at a very cheap fee and sold it out in 2018, at a very great profit in multiple of thousand dollars. You can build infant sites, grow it and sell at a much higher rate or you could build it, grow it and sell at a high price.
5. Paid Content generator
There is an online business opportunity in being a writer. A content writer, a developer of articles. You should set up your own company just to write for blogs and website and charge them based on topic or number of words. The energy used in typing on social media for fun can actually be utilized in making money here. Most blogs are willing to pay prolific writers.
6. Crypto and forex trading
Have you heard of cryptocurrency(bitcoin, etherum, pax coin and the likes of them), forex trading and other online trading where people invest and make large profit in dollars? Lots of people think this trading practice is scam but it’s not so. Although people capitalize on it and use it to defraud people. However, if you wish to go into it, I encourage you to undergo the training and attend seminars on it. Once you understand it, you can trade without fear.
Do you have things to share with the world? When I said things, I meant new things. New ways of doing things, latest findings and lot more. Start a do it yourself, DIY site where you teach people on new and better ways, cheaper and convenient ways of doing already existing stuffs.
8. Online shop/shop dropping
Have you at a time thought of doing online business like Jumia, olx, jijji, Konga and the likes of them? Then come up on board. The internet is for you. Aside selling stuffs, you can also render services to people online. That is, place an advert of your service by creating an account in social media or hosting a site on what you do. Drop shipping and online shop is very lucrative.
9. Web design
Are you good in tech design and building or websites? The internet is a place where you can sell your service to a wide audience. With the increase in the need of online presence, you could be making mouth watering profits by building and designing websites for clients at a very lucrative rate.
10. Social media marketing
Here, you could be a brand influencer, marketing companies goods, products and services by writing about what they do, making videos on their business and sharing to large audience on the internet. This business is not just lucrative but also makes you popular and known by people.
11. Affiliate marketing
Affiliate marketing is like a referring business where you help companies sell their products or services for a percentage. Assuming you are selling a product that is worth N100,000 and to receive a percentage profit of N30,000. If you sell ten of such product at N100,000 each you would have made N30,000×10 which is N30,000. You can make more money in a month if you have more than one affiliate. The beauty of it is that you are not spending your money and you can reach large clients online.
12. Social media profile management
These days, prominent business men and celebrities have social media handles and accounts where they share their thought and lifestyle. Some build online business but don’t have time to manage them and make them grow. You could channel into this area of online business, where you manage their accounts and handles on social media. Interestingly, you can even manage more accounts at a time while sitting at the comfort of your home. Another good thing is that they pay you very handsomely.
13. Software developer
Do you enjoy Playing GTA, Candy crush and video games? Well, someone build those games and placed them on Google for you to download, play and promote their business. If you have the skill in creating applications like games, and other tech stuffs, you are good to go. Start developing already.
14. Sell photos
Are you good in shooting photos using your smart phone or a HD camera? Maybe you are a photographer or you are good in photoshopping. You could have a site where you save up your photos in their archive. You could make money from your hubby of snapping or even as a professional photographer by taking shots of Nature and other events like wedding, fashion and lots more just like Bella Naija. As people view and download your photos you make money. You could also get invite to cover an event.
15. Tell us.
There are still lots of other online businesses that are very lucrative. Some are known while others are not. Like they said “no man is an island of knowledge” and hoarding of information leads to underdevelopment and poor knowledge. I have shared these ones here, although some have come across them whereas others haven’t. You could tell us those that are not captured here that you wish us to know. Kindly drop them at the comment section.
Lots of people lose money day in day out because they lack the proper information on what they are investing their on. Some get scammed while others have their money sunk on what they don’t know too well.
I encourage you after going through this article on top 15 Online Businesses In Nigeria You Should Start Up In 2020, to get yourself trained in any of the areas you desire to start up. This will enable you to know the basics in the business and do well in it.
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