Millions of Nigerians, and inhabitants of Nigeria ask this same question…
…with these same phrases.
Truth is, there are several ways to make money on the internet in Nigeria today, and I’ll be showing you 5 solid ways to do so.
How to Make Money Online in Nigeria Without Paying a Dime
Here are 5 ways to earn money online in Nigeria without having to pay a dime…
1. Launch a Membership Website
There are two types of websites – general websites and niche websites.
If you run a niche website, you can make some content exclusively for special members.
You can earn a lot of money from converting your niche site into a site that allows people to sign up for a fee before they access all relevant information on the blog.
You can also LOCK some content on your blog, making readers pay a token before they can have it open.
A membership feature can be activated on the entire site.
User will not be able to access any part of the website until they subscribe for a fee.
You can also make the membership feature half integrated.
This way, users will be able to access certain content, but not the real deals.
Several Nigerian webmasters use membership websites to earn and they’re making a living off it.
You can do the same to make money online in Nigeria.
There are membership plugins (free and paid) to turn your site into a full membership site, or integrate the membership feature as a side feature on your website.
2. Start a Product Review Website
Starting a product review website is a good way to earn money in Nigeria.
The good thing is that you start a review website with as little as 1,500 naira, and you’re good to go.
This is an example of a niche site, all you do is review products, books, companies, foods, you can even review places.
How Can I Earn from a Review Website?
Since all you do is basically review you can earn a lot of money from the traffic you get.
To be more explanatory, you can earn from placing adverts on your website, helping people review their products, and from affiliate marketing (using your website as funnel to drive users to affiliate websites).
Things to Review
It’s a review Website, and anything reviewable goes.
You can do a Review on recently produced movies (people search a lot for film reviews to know it they’re worth downloading or watching), books, applications, companies, offers by companies, places, and websites.
3. Publish an Amazon Kindle EBook
I bet you already know what an EBook is.
If you don’t, I’ll tell you.
What is an EBook?…
An EBook is the short for an “Electronic Book”.
It is called so because it is accessible and can be downloaded and accessed at anytime.
There are different types of Ebooks, and some of these books are just plain PDF conversion of posts or articles.
Some Ebooks on the internet require you to buy them before access is granted, others can be downloaded free.
Again, some Ebooks can be a virus to your device.
In case you download Ebooks a lot, be careful where you download them.
What is Amazon?…
Amazon is currently one of the biggest companies in the world.
It’s CEO, Jeff Bezos, is the world’s richest man with a net worth of over $100 billion dollars.
Amazon is just like Jumia, but they deliver goods to every part of the world.
The company is also into tech manufacturing, and mobile app development.
Amazon is the company behind Alexa Rank, a web application that makes use of its toolbar to detect the average daily, monthly, and yearly visitors and page views a website gets.
It then uses this information taken from the last 3 months before current time to rank a website from 30,000,000 to 1.
The most trafficked website remains at 1, and the least remains at 30,000,000.
Amazon is the world’s biggest marketplace.
Its website is also a top 10 most visited websites in the world. Amazon is a company.
It has its own website where company functions and services are carried out, and it has several electronic products.
One difference between Amazon and the Nigeria’s biggest E-Commerce websites is the fact that Amazon deals on information trade.
You buy and sell information, and that’s how the Amazon Kindle comes in.
The Kindle Store is Amazon’s app store where Ebooks are sold and bought.
People search for information on Amazon just as they do on Google.
If you’re able to create answers and put them in the form of an EBook, you would be making easy money on Amazon.
You can write about several topics relating to…
People want to know the ethics of making money in reality. The want to know the secrets of wealth and the means by which it can be gotten.
Writing an EBook on wealth will require you to carry out research, read, and ask questions.
Business and success tips are a trending thing on the internet. Unfortunately, one tip or a set of tips are mostly spun and reinvented.
Nothing new. People want to know what should be done for their businesses to soar in profit.
You admire the likes of Dangote and Gary Vaynerchuk right?
I do too.
Millions of people do too.
And these millions roam the search bar of Amazon, searching for entrepreneurial tips and ethics.
Motivational books and books on self development are also on high demand on Amazon.
How to Create an EBook to Sell on Kindle
If you’re a good writer, creating an EBook should be fun.
I’m talking a 5,000 – 10,000 word Ebook with quality information that won’t leave buyers disappointed.
If you can’t write so well, you should hire a writer to do that.
Have this in mind when creating your Kindle EBook:
Quality Speaks for Itself
Don’t just do this for the money alone.
Anything worth doing is worth doing well.
Write your EBook with an intent to pass across a good message or an information.
Avoid grammatical errors by editing it thoroughly, or have an editor do that for you.
4. Utilize Flippa
The name sounds a bit funny huh?
Flippa is one of the biggest websites where websites are sold.
Yes, you can sell your website on Flippa if you’ve got one that’s sellable and looks good.
Before you sell a website on Flippa, have these in mind…
Your Website Must Have a Good Amount of Incoming Traffic
If your website is still struggling with traffic, it will become difficult to get buyers on Flippa.
People are looking for websites with a traffic worth of over $10,000 dollars on Flippa.
Yes, $10,000 dollars.
This means your website should be able to generate over $10,000 dollars annually or biannually.
If people wanted to buy a new website, they would’ve easily visited to WordPress and create one instead.
Your Blog Should Look Good on Alexa
Like I mentioned before, Alexa Rank is owned by Amazon.
If your rank on Alexa is above 1,000,000, getting buyers may be close to impossible.
Your website should look good on Alexa.
It should have a good bounce rate, and should rank for good search terms.
Some buyers run off to check the Alexa Rank of a website before they show the slightest interest.
Your Blog’s Backlink Profile Should Be Neat
Basically, backlinks strengthen your website.
They pass on life to your blog and make it less stressful for your content to get traffic organically from Google.
All backlinks are not the same.
And for this reason, some bad links can hamper the authority and rank of your website.
Some buyers are very knowledgeable.
They use Moz tool to check your Spam Score (a spam metric developed by Moz, also from 1 – 100), domain authority, and page authority.
This is a reason to avoid getting backlinks from poor websites with spam content and high spam score.
They impact the overall search visibility of your website.
Develop Good Content on Your Blog
While some buyers tend to wipe your blog clean of all content you had published, some tend to continue running the blog with the content in it.
It’s best to create good content, it leads to success eventually, even when you don’t auction your blog on Flippa.
5. Sell Podcasts
Podcasts are audio files uploaded to the internet for users to play on the site, or download to their electronic devices.
You can earn online by selling podcasts to users for a fee instead of making it available for free.
To make money from this opportunity, your podcasts have to be original, information, and error free.
Nobody would come back to buy a second episode of a podcast if the first episode had no relevant information conveyed.
While there are other days to make money, you can earn some good cash on the internet by running a review website, selling podcasts, selling a website on Flippa, launching a membership website, and selling books on Amazon Kindle.
These 5 ways are sure, and I’m sure you’ll make a lot more progress than ever of you just attempt them. Here’s a quick rundown:
- Launch a Member Website
- Start a Product Review Website
- Publish an Amazon Kindle EBook
- Utilize Flippa
- Sell Podcasts