Opportunities come but do not linger, here are the latest online money making opportunities you should grab in 2019 before this year end, so strike while the iron is hot!
Often times, people missed opportunities because it is dressed in overalls and looks like work.
Making money online is not new any longer, but the truth remains that a few are still unaware of the various ways you can make money online.
Online businesses you can venture into is vast, and I’ve broken them down in this post.
Just Before you continue reading, sign up for our Digital Marketing Training. Chat me up on 08161812554
This is for you if you want to get simple and directly actionable ways to make money online or double your business sales using Digital Marketing.
If you don’t find any opportunity that suits you, have no worries. We have taken time out to prepare even more mouth-watering online money making opportunities for our students that attend our digital marketing course.
Let’s get started right away…
Here are my best and latest online money making opportunities in Nigeria.
Latest online money making opportunities in Nigeria
1. Start a Youtube Channel
Starting a youtube channel is the easiest way of making money online in Nigeria and needs absolutely no startup investment.
Youtube gets an amazing 5 billion views per day which proves it’s power on the internet. There’s no doubt how much money people are making online via this platform. In fact, one man named Felix Kjellberg, the owner of PewDiePie earned 12 million dollars back in 2015 by running a single Youtube channel.
Making money on YouTube is one of the easiest online money making opportunities that you can find anywhere. This is mainly because the platform allows for people with basic computer knowledge to leverage on their creative abilities to create content that can attract viewers and followers.
With increasing followership, your YouTube channel can then be monetized. Your earning potential really won’t be determined solely by the number of subscribers and views you have, but also by the level of engagement you generate, the niche you provide content to, and the revenue channels you explore.
Let us go through some of the most popular YouTube niches that are highly lucrative…
1. Vlogs
Vlogs or vlogging involves regularly recording and publishing videos of your everyday life. If you have a large audience on YouTube, this can be a very easy way to create YouTube content because you can broadcast yourself unedited and connect with your followers on personal grounds.
Trust me, a lot of YouTubers make money from vlogging about their families, school, travels, fitness sessions, picnics, etc. People have literally quit their jobs and took on vlogging full time., especially because it is easy to start and has a very high earning potential.
2. Tech Videos
I watch a lot of technology videos because of the different equipment that are coming out rapidly and how educative they can be, especially when the publisher is well grounded in the tech space.
These days, it is not just me. Millions of people go on YouTube to watch reviews about the latest phone or learn about a phone they plan to buy.
If you’re a Techy person, then Tech videos are definitely the niche for you. You can get some high-end devices from companies that want you to promote their equipment by showing us how it works. This would not only earn you credibility and huge followership but would also fatten your pocket.
3. Tutorials
Whether it is cooking, do-it-yourself (DIY) tasks like laundry, carpentry, doing makeup, fixing cars, teaching techy stuff like website design, etc., there are always people who want to learn how to do stuff by watching videos and you could make money off them by providing the needed content.
4. Product Reviews
I’m one of those people who like to watch a video on an item that I’m thinking about purchasing to see how it worked for someone else. Being a Product Reviewer can get you free items from companies who need their products put out there for promotional purposes and some good cash to follow it.
5. Comedy
All work and no fun makes Jack a dull boy, goes the old saying. Nobody likes to be a Jack and this is why many people like to engage in some fun activity like watching comedy videos on YouTube.
If you are funny, know how to prepare comedy skits, or can generally do anything to make people relax and laugh, then publishing comedy videos might be your gateway to YouTube financial freedom.
Here in Nigeria, you can attest to the fact that comedians are living large off the high audience that they get from their funny videos, especially because they have monetized their channels. You might be the next if you take YouTube seriously.
So you see…there are lots of niches that you can venture into when it comes to making money off YouTube. The list is actually endless.
Fortunately for students that attend our digital marketing course, we not only expose them to dozens of profitable YouTube niches and revenue channels, but we also show them step by step how they can leverage these opportunities to begin their millionaire journey off YouTube
YouTube ads are by far the easiest way to start earning money on YouTube. Until relatively recently, anyone could enable monetization on their YouTube channel and start earning for every watch of their video.
But that all changed recently when Google announced they would be raising the standards required to have ads shown on your channel.
Now, you need to be part of the YouTube Partner Program (YPP) and meet certain minimum criteria before you can start benefitting from ads. These include:
·Having 4,000 or more watch hours
·Securing 1,000 or more subscribers in the last 12 months
Scary right? There’s no need to worry. Our digital marketing course helps our students to learn the best strategies to increase their subscribers from zero to astounding numbers and also supply video content ideas that will get fans glued to your channel for hours.
Suitable for: This online money making opportunity is best for people who love to create videos, like to talk in front of the camera, shoot comedy clips and films, etc.
2. Start a Blog
Being a blogger is one of the easiest ways to make money from home. Unlike many other jobs that require a lot of time, blogging is quite different because you don’t need to work from an office space, you can blog right from your comfort zone at home.
Fortunately, blogging comes with multiple revenue streams such as:
·Selling e-books on your blog
·Selling online courses
·Offer paid freelance services
·Make money from affiliate marketing
·Display Google ads on your blog (Advertise products and brands)
·Start an e-commerce store (sell products on your blog)
·You can also create a paid private forum and sell premium content like tutorials and products
Blogging allows you to work at any time you like and doesn’t take the whole day. It’s flexible also.
But, you have to take note that nothing good comes easy, so blogging takes time and skill for you to start making money. Your best method of starting would be to design a blog and grow your audience using a few strategies in this post.
If you have a day job, don’t quit. You can create your blog and work on a part-time basis.
Luckily, our digital marketing course is structured with a flexible schedule plan so that you can learn industry related and certified skills that our students use to not only manage their blogs but also monetize them, make a lot of money from them and still make out time for their regular jobs.
Immediately you notice it’s paying you more than your comfortable limit, just QUIT your current job and face it full-time because the returns on investment would not be comparable by then.
Rest assured, when you click here to register for the course, you’d become a professional blogpreneur.
Suitable for: This online money making opportunity is best for folks who love to write and share knowledge.
If you want to build a successful blog and start monetizing it, our training course has everything you need. We don’t only teach website optimization, traffic, email marketing and the likes, we will also teach you how to make money off your blog.
3. Start Affiliate Marketing
This one is a type of performance-based marketing in which businesses rewards a certain percentage of commission for each product bought by the customers who were referred by the affiliate marketing effort.
I’ve written a lot about affiliate marketing on this blog, in fact, if you are subscribed to my newsletters, you would by now notice how effective affiliate marketing is.
There are quite a few paying affiliate programs in Nigeria to help you get started with affiliate marketing and earn money in Naira.
Some of our students in our digital marketing course have gone on to earn money in dollars by learning affiliate marketing tips and tricks, do’s and don’ts from our digital marketing course.
Funny enough, our students are becoming increasingly interested in affiliate marketing because of the ease at which they are able to earn money from the comfort of their homes, as well as the effectiveness of the skills that we teach them.
Suitable for: This online money making opportunity is best for people who have the persuasion skill and like to talk and write.
4. Create Niche Websites
Niche websites is a small website focused on one particular topic which shares all information relevant to the topic that is both useful and interesting for the target audience.
It can be any small-scale web property that makes money. Generally, a niche website should have these characteristics:
·It has a low number of content pages (Usually 20 or less)
·It is narrowly focused around a very specific topic or audience like website design
·It primarily relies on a single source of income
·It gets traffic from one place (usually Google search)
For instance, you can create a website around the niche of real estate. The goal can be to schedule property visits by intending home-owners. Or you can also create a website that centres around paid music streaming and purchase.
After deciding the niche you wish to enter you should now create content aligned to that niche and drive traffic to the website. The more traffic you have on your site, the more your monetization opportunities increase.
Some niche website monetization opportunities include:
·You can display Google ads on your niche website
·You can also display private ads on your website. For instance, if you run a real estate niche website with very high traffic, you can get realtors to advertise their services and home offerings on your website.
·Alternatively, you can make money from writing sponsored posts and product reviews for companies. his works best for people who run high traffic technology websites
·A lot of people sell digital products like e-books, templates, webinars (paid video tutorials), podcasts, etc.
·Affiliate marketing is your surest bet. You can easily advertise your custom affiliate links to platforms like Amazon and begin to make money by promoting the links in blog posts on your niche website.
A lot of these amazing income streams cannot be leveraged on maximally without the best tools and strategies that we teach in our digital marketing course to drive high traffic to your niche site
Suitable for: This online money making opportunity is best for people who have an interest in certain topics. e.g football, phones, dogs etc.
5. Publish a Kindle eBook
Do you have impressive writing skills? Are you a storyteller and are able to build a large following of people who would be willing to pay money for your stories?
If you are looking for means to monetize this skill, then you should consider publishing ebooks online.
You see, what the big publishing houses do with big offices for editors, writers, administrative staff… and then big printing presses… then distribution centers to get their books out to bookstores around the country… all to hopefully get books in the hands of readers…
…all of which you can do on the computer you have right now.
If that’s not a massive business opportunity for writers and publishers, I don’t know what is.
Publishing an ebook on Kindle is one of these simple, lucrative but rare ways to generate consistent passive income online.
Did you know that Amazon is the biggest rival to Google than any other search engine like Yahoo and Bing?
More and more shoppers try to search for a product on Amazon than other traditional search engines.
When people want in-depth information on a specific topic, they go and search for eBooks on Amazon so as to get useful recommended books.
Basically, you can leverage on the booming request for these eBooks and generate a stable passive income source.
Here’s how…
First, What is An Ebook?
Ebooks are…wel…books that are delivered, downloaded and sometimes, read onlune.
You can write them yourself (or employ writers) use publicly knowledgeable content, and create your ebooks from many sources. And just about any subject can be covered like travel guides, how-to manuals, mystery, romance, science fiction, self-help, technology, blah blah blah.
Also, you won’t have to rely on an editor or publisher telling you whether a book will be published. And you won’t have to rely on a bookstore to put your book on its shelves. You’re in complete control of the entire process. In fact, you’re going to handle everything yourself, including marketing and selling. And that means you get to keep all the profits. Amazing right? But then, writing does not come too easy to many.
Even when you know how to, leveraging on writing ebooks on Amazon kindle requires some top-notch skills to identifying the niches that will profit you and using ice breaking digital marketing skills and strategies like keyword research and social media marketing to promote and get your books sold.
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Suitable for: This online money making opportunity is best for people who have in-depth knowledge on certain topics and want to share or people who love to do research and guide.
6. Create a Membership Site
A membership site is a membership website with exclusive contents made available to a certain number of signed up users.
These type of websites provides a place for registered members to interact with one another and there is a certain monthly access fee attached with it.
Suitable for: This online money making opportunity is best for people who like to interact, guide and lead a community.
7. Sell Websites on Flippa
I’m sure you’re probably hearing for the first time. Yes, people build websites not for their personal use but for sale and this is one of the latest online money making opportunities we have.
So, Flippa is basically a place where you can sell and buy ready made websites. But first, you need to be able to create and design sellable websites for a start. This is the whole essence of the platform. Our digital marketing course students learn how to create stunning websites from scratch, using tools like WordPress and themes that are eye-catching many more.
If you’re willing to dedicate a little capital, a moderate amount of time and a lot of loincloths, flipping on Flippa can net you some serious coin. The platform has seen more than $140 million in sales since its 2009 launch, making it a very god platform for you to begin to make money from. When your website is seeing a healthy amount of traffic, engagement and financial potential, it’s time to auction it on Flippa.
When they come in, we drill them on basic website design skills like theme usage, content creation, domain name purchase, and more.
Suitable for: This online money making opportunity is best for people who like to develop websites.
8. Sell A Video Course on Udemy
What Is Udemy?
Udemy is an online platform that brings a teacher and a student together. It is one of the best online platforms for this purpose as it provides ample amount of support and free tools to instructors to build a course and monetize it.
It also offers the teacher tips to improve his skills, teaching style and the course itself.
I’m sure you’re wondering how you intend to sell your videos when you don’t even own a website.
The good news is that Udemy is an online learning place. It has a huge collection of courses in everything from web design to programming to Photography, etc.
Anyone can create a course on Udemy on any subject in which they are knowledgeable, and can offer it to millions of students.
Currently, Udemy has around 6 million students across 190 countries and offers courses in 100 languages including English. Udemy’s top 10 instructors have earned more than $17 million to date. Yes, they’ve made that much and you to can.
Making money from Udemy is really simple. All you need to do is plan, prepare, polish and publish your course content and Udemy pays you for contributing your knowledge on their platform.
There is no fee involved for creating a course in Udemy.
For selling, Udemy offers different revenue models based on whether the lead is through Udemy’s organic traffic (search in their platform), advertising campaign, affiliate marketing or entirely through the instructor.
Courses can be created in text, video and audio formats. As such, you’d be needing video creation, graphics design, content curation and marketing skills to be able to get started.
Suitable for: This online money making opportunity is best for people who like to teach, explain and solve problems.
9. Sell Service On Fiver
Without many words, Fiverr is a place where people offer tasks, service and products for as low as $5 dollars.
Fiverr gets about 5 million monthly visits, and your aim should be to leverage on the ever-growing demand of Fiverr gig and make consistent passive income online doing what you love to do.
You simply need to focus on providing high-quality works and maintain good ratings. With that in check, you’d get new and recurring customers from selling your digital products.
Suitable for: This online money making opportunity is best for people who love to help others and people who work as freelancers doing what they really like.
10. Become an Amazon Associate
Amazon Associate is a special kind of affiliate program. It allows website owners and bloggers to monetize their website via affiliate links and earn referral commissions when any website visitor clicks on the link and buys a certain product.
This also boils down to the affiliate marketing opportunity explained above. Becoming an Associate with Amazon can be very profitable, but, many people fall short from the lucrativeness because they lack the skills in it.
Suitable for: This online money making opportunity is best for people who love to write things in details and folks who already have a website/ blog.
11. Do CPA Marketing
Now, what is cost-per-action marketing? This is basically a form of marketing that rewards you for every lead generated. When I say ‘lead’, I mean, on every customer referred to carry out a desired action.
It is when you make people take some action (e g. submit an email, register an account or fill a form etc.), and you get paid for that.
It’s pretty much the easiest way to make some quick cash online with little to no money to invest.
You don’t have to be a guru to do it, neither do you have to run a site, although if you already have a site, you will do better when it comes to cost per action networks’ approval.
The beauty about it is that customer doesn’t necessarily have to purchase a product or service just like in affiliate marketing. Here you just refer that lead and the company will handle the rest.
To get started, you need to apply to Peerfly first, as they are cool, approve people pretty easy and have become one of the top networks through the years.
Suitable for: This online money making opportunity is best for people who love to write things in details, have the ability to persuade and folks who already have a website/ blog.
12. Sell art and crafts on Etsy
Are you passionate about arts and crafts?
Etsy is an online buying and selling place where buyers meet sellers. It’s similar to eBay but Etsy focuses on selling arts, crafts handmade, Afrocentric or vintage items and supplies.
With over 30 million monthly visitors, Etsy provides a wonderful platform for artisans, crafters and creative designers which help you to spread your works to the entire world.
Top Etsy sellers earn up to 1 million dollars a year by selling arts, crafts and handmade items and startup investment can be as little as $0.20 to list each item for sale, and each listing lasts 4 months or until it sells.
Let’s be honest, to make money from Etsy entirely depends on how successful your shop becomes.
Some people make a steady side income of up to 50 dollars a month, and others earn enough to quit their jobs and sell on Etsy full time.
What Can I Sell On Etsy?
These are a few of bestselling categories:
·Stickers
·Personalised bottles, glasses and t-shirts
·Notebooks
·Jewellery
·Art prints
·Knitting patterns
·Greetings cards
·Clip art
·Enamel pins
Suitable for: This online money making opportunity is best for artisans and people who love to create their own items or products.
13. Do Facebook Marketing
Facebook has over 1.9 billion active monthly users. With the wide range of features and advanced targeting, Facebook is one of the best places to reach your market target audience.
Facebook is a social platform where companies go to promote their products and services. And so many business owners do not truly know how to market their products on Facebook and other social media websites.
Suitable for: This online money making opportunity is best for people who like to use Facebook.
If you’re aren’t sure how to start your social media agency, why not check out this advanced Facebook marketing or register for our digital marketing course to fully take advantage of this skill.
14. Do Email Marketing
Email marketing is another form of affiliate marketing where you use your email list of blog subscribers to promote a certain product. With Email marketing, you can make huge money online without leaving your home.
Suitable for: This online money making opportunity is best for people who love to talk, write, explain and have the ability to persuade.
Email marketing has its own tactics and techniques. It comes with being a skilled salesperson who can write marketing content that would not be considered spammy and can actually sell their products or those of other companies.
Unfortunately, many businesses lose a lot of money hiring online marketers that claim to know how to do email marketing but they end up having few open rates (people who open your emails) and a very insignificant conversion rate (rate of people paying for your product or service from your emails).
15. Start Copywriting
Copywriting is one an essential element of effective online marketing. Copywriting is the art and science of strategically delivering words (whether written or spoken) that get people to take some form of action. Copywriters are some of the highest-paid writers in the world.
Copywriting is writing copies for the purpose of advertising or marketing. The copy is meant to persuade someone to buy a product or influence their beliefs.
Suitable for: This online money making opportunity is best for people who have the passion for writing.
Although copywriting can be a daunting task, I have an ‘A’ in this skill. I teach my students how to write compelling sales copy that will get even the most unwilling person to pay for your offering.
16. Sell Photos
Selling photos is a niche that hasn’t been completely considered by many Nigerians.
If you are a blogger who takes high-quality images for your blog? Or do you enjoy snapping photos of the world around you? Then you can start earning money by selling stock photos online on sites like Shutterstock and iStockPhoto.
The great thing about selling stock photos is you don’t need any special training, the opportunities are plentiful, and you don’t need a website to get started.
Suitable for: This online money making opportunity is best for people who have the passion for photography.
17. Start a book review site
You can start reviewing people’s books on your website. As the name suggests, a book review site is a website where reviews about the books get published.
This is also a good example of a niche website. You can then monetize by promoting other people’s books or recommending books to site visitors for purchase. Amazon is a good place to get books to promote.
But then, writing a book review on your website is one thing. Another thing is to know how to market your website and utilise search engine optimization strategies that would get people who are looking for book review writers to access your website.
Suitable for: This online money making opportunity is best for people who like to read books.
18. Start your Podcast
A podcast is a digital audio file made available on the internet for downloading to a computer or other portable media player, typically available as a series, new installments of which can be received by subscribers automatically.
You can sell these podcasts instead of giving them out for free. But ensure they are compelling, insightful and original.
We gain a lot of traffic, engagement and even money from releasing podcasts that are very profitable. The beauty is that it is audio and so peole do not get to see your face.
That way, you can save the cost of having an expensive workstation.
Suitable for: This online money making opportunity is best for people who likes to talk and explain things.
19. Develop a software
Software development is the process of computer programming, documenting, testing, and bug fixing involved in creating and maintaining applications and frameworks resulting in a software product. It requires the knowledge of any programming language.
Suitable for: This online money making opportunity is best for people who like to develop new things and like technical stuff.
20. Teach your Native Language
Most of the people in today’s globalisation world are trying to learn new languages, and there are many new reasons for doing so.
Some people want to improve their employability, some want to study or live overseas, some want to grow their business or just want to improve their travel experience.
The point is, there is a knowledge market of online language learners who are willing to pay for language coaching. You should leverage this opportunity, teach the language you know to others online and earn some handsome money.
To get started, you can check out iTalki.com – It’s an online platform which connects people willing to learn languages with others who can teach them.
Suitable for: This online money making opportunity is best for people who love to teach and have a gift of imparting knowledge.
A freelance business is a great business model that allows you to get started with virtually no overheads that you can start almost immediately with a bit of time and passion. So many people think freelancing is just for creative professionals but I have learned that the business model is so much more.
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