Nigeria is a country where everyone is trying to survive and thus have one or multiple businesses doing. Business ideas in Nigeria and lucrative online business in Nigeria will remain undisclosed since most investors are selfish all in the name of making money, as they don’t want to have a single rival(s) or smell the success of competing brands.
However, successful investors don’t need to disclose their huge secret again as wonderful people and problem solvers like me have started to notice and understand how the Nigerian business sector works. You shouldn’t be told that there are now lots of business firms who give out business ideas to Nigerians in exchange for a fee.
On this page will you find a full list of online business in Nigeria so as to make money online in Nigeria since these businesses are all lucrative.
This article isn’t copied from any web journal, I assure you! It took me time to come up with this article making research in a public library and also having a one-on-one interview with successful businessmen in my locality. Its been a bit easy since I’m a Nigerian too who loves money and would also want to make money online in Nigeria.
List Of Lucrative Online Business in Nigeria
1.Affiliate Marketing
2.Social Media Marketing
3.Digital Marketing
4.Freelancing
5.Blogging
6.Online Tutor
7.Internet Service (Running a Cafe)
AFFILIATE MARKETING
Affiliate marketing is a hybrid promotion and referral channel where individuals like you and me encourage or promotes a business’s service or product and get a commission for any sales generated. Products can be anything ranging from books, clothing’s, phones, laptops and kitchen utensils.
Affiliates could be a very important passive revenue spinner for E-commerce websites like Jumia and Konga, translating their visibility to new sales.
Affiliate Marketing is a Grey area between organic and advertising referrals. An affiliate marketer’s most significant advantage is its viewers: they can control a sales share due to their relevant traffic along with the highly-qualified traffic they push to internet businesses.
How does Affiliate Marketing works?
An E-commerce retailer that wishes to have the ability to achieve a larger base of net shoppers and users can seek the services of an affiliate. An affiliate might be the proprietor of numerous websites or email advertising lists; thus, the more websites or email lists an affiliate gets, the broader his community.
The affiliate that’s been hired will then convey and encourage the goods offered on the e-commerce platform for his community. The affiliate does so by executing banner ads, text ads, and links to their multiple possessed websites or through email to their customers. The advertising may be in the kind of articles, videos, pictures, etc., that can be utilized to draw a viewer’s focus to a product or service.
A customer that clicks on those links or advertisements on the affiliate site is going to be redirected to the E-commerce website. If ends up buying the service or product, then the e-commerce retailer credits the affiliate account together with all the agreed fee, which may be 5 per cent to 10% of the sale cost of the goods.
Examples of paying E-commerce websites in Nigeria are Jumia, Konga, OLX, Jiji, Ali Express, eBay, Amazon, Click Bank and many more. But I recommend you start with Jumia; Click here to sign up.
SOCIAL MEDIA MARKETING
Social media marketing is a powerful way for businesses of all sizes to reach prospects and customers. Your customers are already interacting with brands through social media, and if you’re not speaking directly to your audience through social media platforms like Facebook, Twitter, Instagram, and Pinterest, you’re missing out! Great marketing on social media can bring remarkable success to your business, creating devoted brand advocates and even driving leads and sales.
Social media marketing, or SMM, is a form of internet marketing that involves creating and sharing content on social media networks in order to achieve your marketing and branding goals. Social media marketing includes activities like posting text and images, videos, and other content that drives audience engagement, as well as paid social media advertising.
Social media marketing can help with a number of goals, such as:
Building conversions
Increasing website traffic
Raising brand awareness
Creating a brand identity and positive brand association
Improving communication and interaction with key audiences
The bigger and more engaged your audience is on social media networks, the easier it will be for you to achieve every other marketing goal on your list!
Here is a brief info about my course. I just decided to share this on this page rather than start writing and telling you all that it entails.
What the heck do you think I do when I mention Social Media Marketing? The SMM I’m talking about has made me over 60k in the last few months as a secondary school leaver and I believe you can do it too. What I really do when I talk about Social Media Marketing is just uploading images, text, and videos to different social media platforms. Right now, you might be thinking what is this guy saying? I work as a social media marketer for two Big brands in Ikeja, a place for Tech experts and development; not Alagbado!
What I share with these brands social media platforms are mainly articles, images, and videos related to the brands’ culture. I actually work for a bio-wellness Spa, definitely what I’ll be sharing are products and tips related to eyebrow, beauty, facial treatment, massage, and most importantly, affordable services that are being offered by the Company.
Now Take your time to understand what I’ll be telling you below as it’s very important.
Assuming you work managing an eatery social platform, there can be no iota of doubt that Foods is mainly what you’ll be posting to this brand social media platform apart from promos being offered by that eatery. Now using an eatery for a case study, you applied and got a job(Guide on how to get a job will be taught later in this PDF file).
Cool! Your 20k has been reserved. Now you have a problem and they are:
No prospective clients yet
No active followers
There are a lot of other competitors
Don’t ever worry about this as things will be broken down into molecules to you soon. Now, I’ll be sharing my tactics with you. They are tested and confirmed.
How do I find and engage prospective Customers?
Hashtags:
Whenever I post an Image on Instagram or Twitter, I use related hashtags a lot and add a little bit of text. 6 or 5 lines referencing what I posted and how my followers can get the service. Assuming you have a new food item in your menu and you want to post it online? Something like this should convert more, I guess!
Why should you taste our homemade Amala? It is fine in texture and is simply the best you can afford!
That is very simple as your followers will be convinced and would surely want to taste if really your Amala is awesome.
Hashtags like #Amala #egusi #ponmo #eatery #africandish #restaurant and some other words related to foods culture would follow captioned with the Image of the food you are talking about.
People who love food will locate you through the use of hashtags and day by day, you’ll gain new followers until you start getting people to order for food from your eatery.
Sponsored promotions:
Sponsored promotion is simply the best if you are really in need of a lot of prospective customers. I call them fast followers!
What is Sponsored promotions and how does it work?
Facebook ads are targeted to users based on their location, demographic, and profile information. … After creating an ad, you set a budget and bid for each click or thousand impressions that your ad will receive. Facebook’s most important ad targeting options. Users then see your ads in the sidebar on Facebook.com.
Building relationships with customers and converting them into customers.
Building a very strong bond between your customers can make them your first-class perspective ever. When you finally land a customer to buy a product of the brand you work for, you just don’t leave them and ask them to patronize you later. Message them frequently asking them about how the product has in one way or the other satisfied them. Ask for reviews because reviews will also go a long mile helping new customers to believe in your product and increase their urge to get your product. Ask about their locations and most importantly e-mails so they do not miss any of your promos.
I will not be covering the areas listed below for now but will do so when I’ve got the time because right now, I am hungry to be a world-class developer.
- Digital Marketing
- Freelancing
- Blogging
- Online Tutor
- Internet Service (Cafe)
I am on a scholarship program with Google; a front-end web development challenge scholarship for Africans. I am so glad to be among the 500 finalists selected out of 16,000 Africans. I went through 3 tough months before I got this. I give thanks to the almighty God. See you next time on this same page to read more on list of online business in Nigeria that are lucrative.
Do you have any question? Take an action by using the comment box below.