Connect with us

Make Money Online

10 Latest Ways to Make Money Online in Nigeria (2021)

Stephen Gbolagade

Published

on

If you’re a smart Nigeria student, frustrated graduate or someone looking for a side job, then you may be among the hundred thousand people searching for the best ways to make money online in Nigeria.

Google Trends absolutely shows that keywords like “earn money in Nigeria”, “make money online in Nigeria”, “What can I do to make money online legally in Nigeria” and some related searches pertaining to these “making money online in Nigeria”.

Either you landed here through one of those “queries” above or through a social media hyping, you will learn some important ways you can easily earn a living working legally online in this country.

There are tons of people who makes a living online and which I’m personally among them.

Few of these people who are making hefty income online doesn’t have any offline business but yet, they are living a good life. While some are optimistic about making money online in Nigeria, others are still skeptical as to the genuineness of ways they can make few bucks using the internet, even if you tell them that you’re making money online, they will call you a scammer of “Yahoo-Yahoo boy”.

But whichever option you choose know this; the world is moving at an incredible fast pace and one of the ways to join the race is by going online, many offline businesses are beginning to utilize the internet to promote their businesses, ADs, campaigns, product information etc. are slowly drifting away from our traditional marketing platforms – TV and radio.

One of the unique benefits of doing business online is that; it opens up doors to reach a broad spectrum of audience unlike the normal offline business which has a limited reach. Another advantage of doing businesses online is its convenience; the ability to make money at any time and at your defined pace.

But you may be asking…..

What Do I Need to Make Money Online in Nigeria?

Before getting started with your online trade there are some basic things you need to take care of, I’ll be summarizing them below:

  • An Internet Enabled Device: There are many devices today which can access the internet but for making money online you’ll be needing a smartphone, tablet, PC or a laptop.

Based on experience and best practices, I’ll suggest you make use of a laptop; this will fasten things a little for you and it’s portable which means you’re going to make money even when on the go.

This are one of the many reasons why most online business persons prefer laptops to other gadgets when it comes to making money online in Nigeria. And if you can’t afford a laptop you can start with your smartphone or tablet.

  • A RELIABLE Internet Service Provider (ISP): I know this might sound like an irony to most Nigerians, but before you begin to make money online in Nigeria you’ll need to have good internet connectivity. I noted during my intro that ‘the world is moving at an incredible fast pace’ and you’ll need fast internet service if you want to succeed.

I will not be suggesting any Nigerian ISP to you because when it comes to internet speed a lot of things are considered; your location is key when it come to your ISP, my preferred internet service provider may not be the best in your location so you’ll have to experiment with different ISPs to choose the most suitable option.

NOTE: When choosing your ISP or gadget I’ll advise you go for the best specs; for your internet provider, go for the one with good 3G or 4G coverage. For your gadget, a laptop with 4GB RAM and above, 250+ GB ROM, a powerful processor and good battery life should serve you well.

  • YOUR PASSION: If you really want to make money online in Nigeria, then you need to have burning desire for it, irrespective of what people may be saying. Your passion is also what will keep you moving forward when it seems like things is not working for you as planned.

Now that you’ve gotten the above in place, it’s time I show you some of the ways as to which you can make money online in Nigeria.

Are you ready? If yes, let’s dive in straight away!

10 Ways to Make Money Online in Nigeria

  1. Blogging:

This is the most trending means of making money online in Nigeria and I’m sure you’re aware of this. People like Linda Ikeji, Jide Ogunsanya, Uche Pedro, Afeez Makinde and many others has been making money right from the time they got the secret to how money can be made through blogging in Nigeria.

I can’t tell you that blogging is easy or tedious but all i know is that if you having burning passion to make it like other people (Top Nigerian Bloggers) I mentioned above, then you’re going to make money blogging in Nigeria.

All you need is few capital to create your own blog. If you’re a student or don’t really have money, you can start for as low as N5,000 to buy a domain name and you will have to learn how to create a blog using Google free publishing platform, Blogspot. Many YouTube videos and article are there on the web to help you.

  1. Freelancing

This should be my number one way of making money online in Nigeria but most people aren’t convinced enough that Freelancing really pay in Nigeria.

What is Freelancing?

Freelancing is an act of offering services by selling your skills to your prospective clients without a long term contract agreement and you get paid.

Like most online businesses, freelancing offers flexibility, more time to engage in other activities and general convenience while making money. If you have skills or services to offer then freelancing is another way to make money online in Nigeria.

The amazing reason why freelancing is my best source of income is that, I can make X10 money i make from blogging (in a year) in just 1 month! Freelancing is a very lucrative online business, especially to the black hands of Nigeria’s smart entrepreneurs.

What are the high paying skills to make money online in Nigeria?

Skills like web design, graphic design, Content writing, online marketing etc. are amongst the wide variety of services you can start offering as a freelancer.

Some may ask, how can I start selling my skills? The following sites are among the top freelance sites which bring together buyers and sellers of different skills and services; Jo-lancer, ASUQU, Fiverr, Upwork, Craigslist, SourceGig, Elance and Alance.co.

If you’d be going into freelancing, you’ll need to familiarize yourself with these sites. But read this guide on starting out as a successful freelancer in Nigeria. This article will help you with the strategic tips on how you can start making money online in Nigeria as a Freelancer.

  1. Cryptocurrency

Do you know people are making real money online in Nigeria with cryptocurrency?

In case you don’t know what I mean by ‘cryptocurrency’, it basically a digital currency. Example includes; Bitcoin, Ethereum, RedCoin etc.

People are making money insanely with Bitcoin and other e-Currencies in Nigeria. You can make up to a million naira trading any of these digital currencies.

This method requires a little arithmetical skill because you’ll dealing with figures at constant changing rate. There are several ways to make money using this medium; mining and cryptocurrency exchange are among the many ways to make money with cryptocurrency.

READ HERE: How to Make Money with Cryptocurrency in Nigeria

 

  1. Affiliate Marketing

As the name suggests, affiliate marketing is a form of marketing in which you’re credited a specified amount (known as commission) when someone purchases or use the service or product in which you’re marketing.

How does affiliate marketing works?

At the point of registration as an affiliate marketer you’d be given an affiliate link, if anyone purchases or uses a service with your link you’ll be paid a certain commission specified in the terms of service.

In clearer explanation, let say i have a big company that sells shoes. My marketing team will have a section for “affiliate marketers” where any interested person that i didn’t hire, will sign up to help me sell some of my shoes.

Remember, i didn’t hired them (affiliate marketers) but they can help me sell the shoes while i give them commission on each pair of shoes they sell. Let say, they sell the shoes at the rate of $100 and commission on each shoe is 20%, that means i will give them $20 on each shoes they sell.

If they are consistent and very brilliant in marketing, they can sell like 20 shoes per month, which is $20 x 20 shoes….. They make whooping $400 in a month!

Some of the places you can work as an affiliate marketer includes; Jumia, Alibaba, Amazon, clickbank etc

 

  1. Digital Marketing

Marketing as we know it is the promotion of a product or service.

Today, marketing has now gone more digital which means you can promote your product or service at the comfort of your home. Some firms pay good sums to promote their product or service online.

Unlike most ways of making money online, digital marketing requires adequate training. Therefore, it’s pertinent you get a good knowledge in this field before jumping in.

After your training you’d be able to make money online in Nigeria while offering digital marketing services.

There some skills you can learn under digital marketing to make money online in Nigeria. They includes:

  • Search Engine Optimization (or SEO): This is the process of ranking a website high on search engines (like google, bing, yandex etc.) in order to gain traffic. This skill is enough to fetch you the average of $250 per month…
  • App Store optimization, ASO
  • Video Marketing
  • Music Promotion
  • Content Marketing
  • PPC, CPC, CPA marketing
  • Social media marketing
  • and so on

You can learn any of these and start making money with them.

 

  1. Social Media Influencing

There are average more than two billion users of social media daily and I’m sure you’re one of them. Social media has turned to useful money making machine as there is advancement in Information Communication Technology, ICT.

If you really want to make money online in Nigeria, then you need to learn all the hacks to turn your social media profiles to what earn you money.

There are several ways you can make money online with social media but I will not like to pin you that with its explanation right on this page.

Here is an article I’ve wrote about how you can make money on Instagram, reading the article will give you all the ideas you need to make money on other social media sites, especially the famous Instagram

 

  1. Vlogging

This is the opposite of blogging. In blogging, you’re going to deal with sharing of information through texts on your blog with your readers in order to gather more traffic, sales or money.

But Vlogging is somehow different. All you need to do is to create a very useful video and start sharing with your subscribed audience on YouTube.

Yes, Money can be made on YouTube with your creativity either you’re a comedian, singer, techie or digital nomad, you can make money online in Nigeria by sharing videos on YouTube.

There are many ways to Make Money on Youtube, it can be Google AdSense or Promotional offers (A.k.A Sponsored Post). I know few people who are making hefty income by just sharing their videos on YouTube.

 

  1. Online Survey

There are different companies that needed reviews or rating especially the start-ups in order to build more trust and acquire more customers. So to achieve this, they sometimes bring up an opportunity for people to rate or review them.

This is what I’m saying, If I’m just starting a new company or I have a company that I want people to buy or use my service, I will do anything legally to attract them.

If you’re a business owner, one of the best way to attract more sales is to build portfolios and good testimonies from customers. So, online survey is like building more testimonies for a company.

In most cases, these companies needed these reviews to know about how they can increase their productivity, branding and how to meet customers’ satisfaction.

If you’re lucky to participate in any of these online survey, then you’re going to make money online wherever you are, because these companies are going to pay you for your time.

There are tons of websites that conduct online surveys, among them is Capterra. You can get more of theses sites by searching on google.

 

  1. Dropshipping

Have you ever think of becoming an ecommerce entrepreneur, I mean selling of some products like bags, shoes and other but you don’t have money to start?

Here is the good news!

You can make money online in Nigeria by becoming a “dropshipper”.

What is dropshipping and who’s a dropshipper?

Dropshipping in simple explanation is selling of products without buying or having the products with you or in stock.

To save our time, this is what I mean;

If I have interest in selling the products on AliExpress but unfortunately, I don’t have money to buy and ship this products to my place, I can selling use a plugin a dropship to my website.

This plugin will import these products’ images, titles, descriptions and prices into my website. Then I will start promoting them on my website and if I can edit the details of each product.

The amazing thing is that, if a product cost $25, I can edit it to $55. If any person buy it, I will give $25 to AliExpress and my profit on that single product will be $30.

This is far lucrative than affiliate marketing if you are ready to invest. The investment is to create your own website and buy the AliDrop plugin.

A dropshipper is someone engaged in this business.

 

  1. E-currency Exchanger

There are different type of e-Currencies.

What’s E-currency?

This is the type of currency that can online be spend on the internet. They can’t be withdraw as physical money or currency notes until you exchange them.

There are different types of these e-Currencies such as the famous Bitcoin, Monero, and other cryptocurrencies.

We also have e-Currencies like Perfect Money. We also have the like of PayPal, Payoneer and Skrill.

Although, PayPal, Payoneer and Skrill can be withdrawn to local bank but the exchange rate by these local bank is very bad. Of course, they will try to make their own gain from each withdrawal but it’s better to exchange with a legit person if the money is below $1,000.

A lot of people has taken this as their serious job. They exchange e-Currencies with local currencies and thereby making some tip or commission.

These exchanger are making money from each money they exchanges.

Some guys has even upgraded to the level of establishing their own Cryptocurrency exchange companies and having a Cryptocurrency Website Exchange in Nigeria.

If you can learn the tactics behind it, then you’re going to join the leagues of guys making money online in Nigeria with ease of mind at your own convenience.

 

Conclusion:

I’ll like to correct an illusion that is held by most Nigerians when it comes to online money making. Many people see it as a quick way to get rich, so they delve into the online space hoping the hit it big with a single shot and when things don’t go as planned, frustration sets in and everything goes south.

Making money online is quite easy but going into it to make it big immediately may be devastating. There are numerous ways to make money online in Nigeria today, most of these requires little or no skill(s) while some, you’ll need to be adequately trained. Whichever means you choose you’re assured of making money.

Above all, I will like you to take action on any of these 10 ways I’ve aligned above and come back here to share the testimony.

But NOTE: If you need to learn any of these skills, I and my team will passionately train you and guide you through the process of making money online as a freelancer. If you’re ready to be mentored, just shoot us a message by contacting us here.

If this article is helpful to you, then I’m sure it’s going to be helpful to others. Please kindly share with your friends using the social media sharing buttons below and don’t forget to comment below.

 

My name is Stephen Gbolagade, people say I'm a multi-skilled guy. I guess maybe because I'm a Blogger, Website Designer, SEO specialist, Content Writer, Business coach, Digital Marketer, and Self-taught Frontend Developer. But what do I have to say about myself? My contents, personality, and services will say and prove the person I am to you. __________________________________________________________________________ You can hire me for Music Promotion, Website Design or Blog Setup, Marketing and any Digital-based tasks! __________________________________________________________________________ Contact me here on Facebook :: Instagram :: WhatsApp __________________________________________________________________________ If you're inspired by me and think it's necessary to buy me a cup of coffee, you can give me a tip HERE 👌

Cryptocurrency

8 Legit Ways to Make Money with Bitcoin (Cryptos) – No 2 is the Easiest!

Stephen Gbolagade

Published

on

I understand why you are trying to make money with bitcoin; you’re either tired of that job, that vocational skill that’s not giving you enough, you’re a student and you’re trying to start taking your own responsibilities or, you are just looking for a reliable side-hustle.

That’s quite good, I hate comfort zones too.

But you need to be very careful because you can easily be scammed due to your lack or inadequacy of knowledge about making money with cryptocurrencies.

Right in this blog post, I will highlight a few ways you can definitely make money with bitcoin and other cryptocurrencies. And I will also show you a few ways you can spot a scammer who’s trying to turn you into a prey.

Before we go into the pool, do you know what bitcoin or cryptocurrencies are?

Oh well, for the sake of those who need a brief introduction, let me say one or two things about cryptocurrency so that you’ll understand basically how it works.

What is Bitcoin and Cryptocurrency?

A cryptocurrency is simply a “digital money”.

Too quick right? Okay, let me explain further;

A cryptocurrency (“Crypto + Currency”) is a means of exchange or currency that makes use of digital files as “money”. These digital files are so secure because they’re created using a method known as “cryptography” and are decentralized.

Let’s me make it clearer;

Cryptography is the science of hiding information, meaning that you can visibly see the currency (just like the Paper notes or coins) but you can know how much of a cryptocurrency you have, you can send, receive and trade it.

“Decentralized” simply means it is under nobody’s control. 

This is the most interesting part of cryptocurrencies. Unlike the US Dollar, Japanese Yen, Nigeria Naira and other currencies that are being controlled by the government, nobody is controlling bitcoin or cryptocurrency!

What is bitcoin?

Bitcoin is a cryptocurrency created in 2008 by someone or a group of people (anonymous) called Satoshi Nakamoto. 

Bitcoin is one of the cryptocurrencies we have, just like the US Dollar is one of the note currencies we spend in the world. Other cryptocurrency we have included Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Monero (XMR) and so on.

Now that you know what bitcoin is, let’s talk about making money with it.

Kindly note that just like you can make money with bitcoin, you can also make money with Ethereum and other cryptos. 

Make Money with Cryptos: How to Make Money with Bitcoin

1. Trading

This is the fastest way to make money with Bitcoin and any other cryptocurrencies. 

Trading requires deep knowledge and insight about the crypto sphere. You need to learn how to do your Technical analysis, Fundamental analysis and sometimes, Sentimental analysis.

If Cryptocurrency trading is easy, everyone would have become a billionaire by now.

You need to invest in learning ‘how to trade crypto’ by paying a mentor who’s a lion in the space.

Note that Trading is risky, you can make a lot of money if your analysis is correct while reverse is the case if your analysis didn’t tally with the market.

So, you can learn how to trade, if you can afford the mentorship fee.

The mentorship fee varies from $200 (N100,000) upwards depending on the mentor’s package.

2. HODLing

You are wondering, what is the meaning of “HODLing”, isn’t it?

Well, HODL simply means “Hold”. 

HODL is a term used in cryptocurrency which means to hold a particular coin for a while, with the expectation that the coin will gain more value in the future.

A good example is when they told you to HODL Bitcoin.

One (1) Bitcoin was around $5,000 a year ago. Hadn’t you bought a fraction of Bitcoin that was worth $1,000 and HODL till now, you will be in massive profit.

Because bitcoin is now $60,000 (as at the time of writing this) – that’s 6 times increase… you will have more than $6,000 now.

HODLing is a safer way to make money with bitcoin and other cryptos. It’s just like saving money and you have nothing to lose.

HODLing is slow compared to Trading.

But I personally prefer to be on the safer side.

You can get crypto wallets to start your savings today. Below are the list of apps to help you get started;

Top Wallets to HODL (Save) Cryptocurrencies

  • 1. Binance
  • 2. OkeX
  • 3. Luno
  • 4. Buycoins (for Nigeria)
  • 5. Trustwallet

HODLing to make money with bitcoin doesn’t require a special skill. All you need to learn is how to create your account and verify it and finally, how to buy the cryptocurrencies.

3. Staking

Staking is a way to make money with cryptos.

Generally, staking is like a “BONUS” but more massive than a mere bonus you may be thinking of.

If you’re holding a particular coin, let’s say Ethereum…

You will have to just keep the Ethereum there and wait till the price pump (increases). But as a sharp guy, you are supposed to make money with Ethereum instead of waiting for the pump season.

That’s where “staking” comes in.

You can stake Ethereum to earn another coin for FREE.

I sometimes staked ETH and earned COMP for free. Later, the price of ETH and COMP pumped at the same time, that’s profit for me.

For instance, let’s say I staked $50 Ethereum to earn COMP.

After a month, I have earned a free 0.004 COMP… 

The COMP that I earned is FREE, and I will make money if I sell it. Note that my ETH is still there and its price is increasing as the market is pumping.

In essence, Staking is a 2-in-1 way to make money with cryptos. 

You can check on the likes of Okex, Binance and the BSC platforms for coin staking.

4. Receive Payment with Cryptos

A good but not common way to make money with Bitcoin.

If you’re a freelancer, you can simply ask your client to pay you in Bitcoin or any other cryptocurrencies. I prefer this option as a method of receiving payments from abroad as it is faster and safer.

If you worked for someone and the agreed price is $100, if you receive the money in fiat (paper currency), you can never have the same $100 in your Bank account. Why?

If you receive the money through PayPal, you’ll be charged by PayPal if you are withdrawing directly. And if you are exchanging the funds, you will lose some money due to the exchange rate and the exchanger’s commission on the transaction.

Same thing applies to receiving the money through a freelancing website, most of them charge 20% fee. That’s $80 left and the payment processor will still take theirs.

But if you receive the $100 through Bitcoin, Ethereum, you will have more than that $100 in a few days, if you can HODL and even proceed to STAKE it.

5. Become an Exchanger

There’s money in this business, but you need to have money to make the money.

Confused?

Some people want to SELL Bitcoin while some others want to BUY. What if you cover the distance between these BUYERS and SELLERS?

You buy from the SELLER at a particular price and SELL to the BUYER at a higher rate.

Let’s say you bought Bitcoin at the rate of P500 per USD, you can sell to the person that wants to buy Bitcoin from you at the rate of P540 per USD… Meaning, you will make P40 on every dollar transacted.

NOTE: P is your local currency such as Naira, Rupees, Cedis etc.

Let’s say you bought $100 worth of Bitcoin at P500, that’s P50,000 spent, right?

If another person comes to you to buy $100 worth of Bitcoin, and you sell at P540 per USD, that’s P54,000 – meaning you’ve just made P4,000 profits.

That’s just a peak of how a (local) exchanger like this TrueXgold.com makes money with Bitcoin and other cryptos.

Do you know that you can HODL and STAKE in the process (before someone shows interest in buying from you)…?

I once sold $60 worth of ETH because I needed money urgently. 

Do you believe that ETH pumped massively the second day? Hadn’t been I haven’t sold the ETH, I would have made more than $100 (about $40 profit).

Well, the exchanger got the profit.

Another great way to make money with Bitcoin as an exchanger;

If you have some money to invest, you can hire developers to develop an exchange platform like Binance, Hotbit, Buycoins etc., for you.

But it requires a lot of processes and money to be spent on the development and marketing team.

You should have a minimum of $30,000 for this project.

You can try the local exchanging business and see how it works.

6. Crypto Faucets

Without much ado, Crypto faucets let you earn FREE coins or tokens by completing a given task.

Sometimes, it can be to play games online and earn very small tokens as reward.

A good example of websites that offer this type of rewards is Freebitco.in where you will be given free satoshis (small amount of bitcoin).’

You can also get Brave browsers and engage in some of the opportunities that pop to you.

Do more research on this, there are many apps and websites that reward free tokens by completing simple tasks.

7. Crypto Mining Pool

Just like hidden treasures like Gold and Silver are mined, cryptocurrencies can also be mined but not with the spade or digger. You need strong machines and hardware to mine cryptocurrencies

Another best way to make money with bitcoin and other cryptocurrencies is to mine them.

Setting up this machine is a bit technical and expensive.

But, you can also find some platforms (websites or platforms) where you can mine cryptos or tokens for free without setting up any machine. 

An example is Stormgain, where you can start mining bitcoin with a small fee.

Do your research on this too.

8. Affiliate Marketing

Affiliate marketing needs no introduction, but if you don’t know anything about it, kindly read this post on what’s affiliate marketing and how to be successful at it.

The easiest way to make money with Bitcoin and other crypto is affiliate marketing.

You don’t need to spend anything than recommending a platform to someone through your unique affiliate link and you earn commission if the person takes action.

Almost all crypto exchange platforms have this feature.

For instance, Okex will give you $30 if you invite your friend to BUY cryptocurrency on the platform. Binance, Hotbit, Bundle Africa, Luno and others have theirs.

Imagine you referred 20 people to BUY their cryptos on OKEX with your affiliate link, and 5 people actually take action, that’s $30 x 5 = $150 for you.

Affiliate marketing in crypto is a side hustle though.

BONUS: 

You can also try Airdrops.

I don’t really want to talk about this because most of them are FAKE and others are pure scam. But nevertheless, some people who’re lucky enough, still make money with Airdrops.

So, DYOR (Do Your Own Research) on Airdrops and how to make money with it.

CONCLUSION: What’s the best way to make money with bitcoin (cryptos) in 2021?

I have highlighted 8 ways you can make money with cryptocurrencies and this applies to anybody irrespective of your location, either Nigeria, USA, India or Italy.

But try as much as possible to avoid being scammed.

If you don’t know something, Google is your friend, read and consume a lot of information online and if you have the money, get a mentor.

Kindly note that FOREX including Cryptocurrency trading or engaging in it is risky, so don’t borrow money to invest and don’t invest more than you can afford to lose.

Those are the ways to make money with bitcoin and other cryptocurrencies.

If you found this content helpful, kindly subscribe to my newsletter and share with your friends by clicking on the floating social media icons. 

Don’t forget to follow this blog on Facebook and Twitter to receive updates of the future blog blogs. STAY SAFE.

Continue Reading

Business

How to Start a Drop Servicing Business: Make Money Online Without any Skill

Stephen Gbolagade

Published

on

Have you ever heard about Drop Service or Drop Servicing Business?

It’s one of the hottest business to make money online these days, even without any special skill than what you already know. It somehow works like a referral or affiliate marketing business but kind of different.

In this blog post, I will show you the nitty-gritty of what you need to know about running a profitable drop servicing business in Nigeria or anywhere in the world.

But before we get into it, let’s me introduce you to the business.

What is Drop Service?

This is the act of getting a service offer or job, and you hire someone to do it while you earn your own profit or commission.

Simply as that!

Let’s say you get a job to design a flier or banner (that cost $50), and you don’t know how to design anything, you can simply look for a graphics designer to do and you pay him or her about $30.

Then you get the final project from the graphics designer and deliver to the client.

You’ve just made $20… congratulations!

That’s just the simple concept of drop servicing business.

How Does Drop Servicing Business Works?

As explained above, drop servicing is simply by bridging the gap between the client and the freelancer who will do the job.

Note: You don’t connect, but you bridge or cover the gap between them.

The client believe you know how to do the job, he gave you the task, then you turn yourself to project manager and you get someone to do and finish up the task.

If you are familiar with drop shipping, you will notice that they’re of the similar but not the same concept.

Let’s talk about it.

Drop Servicing Vs. Drop Shipping: The Difference

Drop servicing business work more like Drop Shipping.

The difference between them is that Drop servicing deal with “SERVICES” and Drop shipping deal with “PRODUCTS”.

PRODUCTS involves physical shipping etc., but SERVICE doesn’t require that.

Although, you can do the same business digitally (on the internet).

But Drop shipping is not as fast as Drop Servicing when it comes to its versatilities. Why?

Because drop servicing business deals with hot services that business owners need to push their business forward. While in drop shipping, people might not necessary be interested in the products.

RECOMMENDED: How to Start a Profitable Dropshipping Business

Now that we are understanding, let’s talk about top services you can sell in drop servicing, then we will talk about how you can start a profitable drop servicing business wherever you are.

Hot Services to Sell or Render in Drop Servicing Business

  • Web Design and Development
  • UI/UX Design
  • Graphics Design
  • SEO Management
  • Content Writing
  • Copy Writing
  • Social Media Management
  • Virtual Assistance

And so on.

You may like to check these 18 hot digital skills to be familiar with these services.

The question you may want to ask is;

Is Drop Servicing a lucrative business?

YES! Drop service or drop servicing business is a very lucrative business.

I would have said it’s a lazy way to make money online without any skill, but not really because you’re still going to do the job in getting clients who need the service.

The best thing about this business is that, you can run it on your smartphone even if you don’t have a laptop and it is 100% online. So you don’t need to quite your job or drop out of school (happy?).

Personally, I’ve done this business before and it really paid off.

Although, I have the skillset to get some projects done, but there are things I don’t know but that will never stop me from taking the job from a client.

For Instance, I’m a web developer.

If a client said he need a website, I can handle that but If he says he need a logo for the website, I will still take the job though I’m not a graphics designer.

But I will outsource the job somewhere and ensure I make my profit from it.

You as a person, you can do the same…

You don’t necessarily need to know much about the service, just get someone who can do it.

I know people who make millions from this simple drop servicing business model and yours will not be strange or difficult.

Someone asked a question about this business, he said;

Is Drop Servicing Business Legal?

What do you think?

Drop Servicing business is 100% legal. In fact, it’s going to become a big industry very soon.

It’s a skill on its own, because hiring a talent to handle a project is not easy at all, but for you to get a job from a client, and get it delivered to him, there’s nothing wrong in that.

All you need to do is to be honest, don’t be greedy.

Now, let’s talk about starting, shall we?

How to Start a Profitable Drop Servicing Business

·       Choose a niche

I’m not going to talk too much on this.

Choosing a niche is the first thing you need to do before you can delve into drop servicing business.

What is a niche?

Simply put, a niche is an area you want to focus on. Or a place you can be found anytime, any day.

In this case, a niche is a SERVICE you want to specialize on.

A SERVICE. Remember you’re just starting out, so I will recommend you choose a service that is hot in demand as your niche for now.

It can be web design, product design, graphics design, content writing or whatever service you know that people need the most. Please do your research on this.

Note again, you don’t necessarily need to know anything about the service for now, just ensure it is hot!

·       Do your research on the niche

Okay, you’ve chose a niche, right?

The next thing is to sharpen your cutlass a little bit.

Let’s say you chose “Web Design” as a preferred service you want to render, you need to take a book and go to Google.com to do some research on “How to get web design job”.

Although the results might be a little bit tense or technical but don’t worry, you just need the theory, someone will do the actual job.

The reason for the research is to be aware of possible questions clients may ask from you.

Let me give you a clear template of the research you need to do;

  1. What are the requirements to do this (website, logo etc.)?
  2. How many days will it take me to do this…?
  3. What’s the minimum cost of completing this project?
  4. Do the requirements involve payment? If yes, how much?

Those are the basic thing you need to research on.

Let me take web design again.

Web design will require something that you must buy before you can build any website. This includes the hosting, domain, theme and logo.

Just do you research to know how much those thing cost, because this will help you to charge your client wisely.

In case you don’t really get it, the next point will help you.

·       Look for talents

This is the most crucial part of drop service and you need to be careful and smart at this, if you really want to launch a profitable drop servicing business.

Go online and look for those who are selling that service and make friend with them.

Maybe you want to be rendering Graphics design as a drop service, look for graphics designers.

Talk to them, ask them about the charges to make different designs and note them down.

If they tell you they charge N50,000 for a logo, note it down and you can tell your client that you charge N70,000 for a logo.

You’ll negotiate for sure and maybe agreed of N65,000.

You can now go back and hire that graphics designer, pay him N50k and you hold the N15k profit.

I was just using that as an example though.

What I’m saying is that you should make sure you have those skilled people who will handle the job at hard.

Even if a client asks you a difficult question, just copy the question and ask the talents.

So, look for talents either on social media or anywhere you can find them.

Note: Tell them you’re going to be giving them projects, so they should give you discount.

Important Information: You can refer any client that needs website to me and I will give you 10% of what the client pays. If this is a nice deal for you, here is where to contact me.

·       Join freelance websites

This will ultimately serve two purposes; to get jobs and hire talents.

There are tons of freelancing websites outside there to help you make your drop servicing business a success. I will not write too much on this as I have few blog posts on this topic.

Check here for the top 10 freelance websites to get jobs and hire talents.

Create your profile on these freelance websites and whenever you get a job, quickly check on another person on the same website or another one just to do the job.

Ensure you bargain the price with them.

For instance, it is possible to get a project for N150,000 and get someone to do it for N50,000.

I’ve seen someone who get a job for N2.5m and get it done with just N100,000.

So, it depends on how smart you are.

You may want to know the best freelance website, right? Well currently we have Upwork and Fiverr at the top, but Fiverr is the easiest to get approved.

Check the blog post on how to start your freelance career on Fiverr.

·       Start Acting It

You need to start acting according to your new business now.

Update your Facebook, WhatsApp, and other social media platform. Tell people that you can help them get their website, or graphics design do.

Tell your friends to recommend you to those who need related service you’re drop servicing. But you don’t necessarily need to tell them you are into drop servicing business.

Do banners on Canva.com to advertise your new business.

·       Learn negotiation skill

In everything you’re doing in life, negotiation is important.

If you’re trying to ask a lady out and you’re serious about it, you need to convince here why she should accept your offer.

Same thing applies to businesses.

Remember that you’re still new in this drop servicing business, you don’t know how much this or that cost. That’s the reason I said you should do your research before fully delving into this.

And you need to send counter-offer to your clients.

What do I mean?

If you’re sure that $50 will complete the task the client gave to you, and the client said he will pay $70, you will make $20 profit, right?

Well, that’s cool.

But there’s a rule in business that you should never accept the first offer. Negotiate!

Tell the client to pay $100 and you will get the job done, and gladly the client might agree to pay $80.

Also, if the normal price to get the job done is $50, tell the person you want to hire to $40 from you and negotiate till he/she give you discount.

If you’re good at negotiation, you will make lot of money from drop service business.

·       Step up your game: Learn the skills

By now, you have known how to get projects and outsource it somewhere else.

And probably, the coming is coming is coming like “breeze” now. The next thing to do is to expand and grow.

If you’re been drop servicing web design and it really pay, why not learn how to design website and get the full payment instead of paying someone almost 70% of the money?

That is a great idea, don’t you think so?

Aside from learning the skill you’ve been drop servicing, you can learn the basics of other services too.

Maybe you’ve been doing web design, you can add graphics design to it and so on.

In everything you’re doing, look for a way to step up your game!

The next point will add some salt to this.

·       Start your own agency

What are you waiting for?

Start your full-fledge agency or company since you’ve known how the business work and you’ve built your reputation online or on the freelancing websites, you should expect more jobs.

As more jobs flow in, you will not be able to handle everything, so you need some people to help you.

And these people are no longer the talents you pay per project, but talents that collects salary or wage.

Let say you have five (5) people working for you in your agency, what you will be paying them per month will still at profit to you compare to those you previously pay per project.

You will although need to do more research on starting a consulting agency.

But note that you must been making money off that service you want to be selling before you transit to an agency owner.

Since you’re now serious with this, ensure you register business in your country. If you’re in Nigeria, you can register your business with Corporate Affairs Commission, CAC.

Starting an agency will really expand your business and open many doors to you. For instance, business owners in your area, city or country will trust to give their project to you.

You can check out the top 10 digital agencies in your country to see if they’re really doing well 😉

·       Don’t forget branding and marketing

You need to get people’s attention to be successful in consulting or drop servicing business.

And the best approach to this, is in two phases;

Branding and marketing.

Branding simply mean to great good online presence for your business. And this starts from your logo, website, social media handles and the type of contents you share.

Your branding needs to be unique, in the sense that when someone see it for the first time, it will create a patronizing impression on your business.

Branding is very important but often take for granted by some startups. So, go and do your research on creating the best brand identity for your business.

The next one is marketing.

Marketing will help drive sales and from that is where you can make money.

Learn how to run Facebook and Instagram ads. Then be relevant on other social media platforms.

Make money and invest on other business, maybe one day your name will enter Forbes list of rich men. Who knows?

That’s it – How to Start Drop Servicing Business and Make Money Online

If you’re reading this, you have read over 2,300 words which most people would have bounced off even before they get to 1,500 words.

I’m telling you this to remind you of your patience and tolerance.

Now, it’s time to take action.

Start today, start with your WhatsApp, Facebook account, Twitter etc.

Tell people you can help them get their website done. Start your drop servicing business with that smart phone.

Don’t forget that you just need to look for clients either on social media or freelance website and hire talents to get it done for you. And also, do your research on a niche before you delve into it.

If this is really helpful, kindly subscribe to my newsletter and subscribe to the blog’s feeds by clicking on the red bell at the bottom right-hand side of this page.

Kindly share this post with someone by clicking on the floating social media buttons below. Also, follow this blog on Twitter and Facebook to get the update fresh as it is.

Go and start the drop servicing business now and come back for your testimony.

Continue Reading

Make Money Online

18 Best Digital Skills to Make Money Online in 2021

Stephen Gbolagade

Published

on

If there’s 5 lessons you’ve learned in the year 2020, number one should be how to make money online or acquire top digital skills that can fetch you some bucks without leaving your room or the comfort of your house.

Even before Corona Virus, learning a skill has been very essential.

Making money online is now the next big deal in today’s world. If you’re not equipped with any of these highlighted best digital skills or, you don’t have a business that can fetch you money online, then you’ve been missing a lot.

Today, we are going to talk about 18 digital skills under six big different industries you should master to make money online.

Before we get into it, kindly know that to making money online is entirely not easy, and I’m not giving you any impression that the digital skills aligned here are source of “get rich quick scheme”, financial freedom or buoyancy to everybody. You’re entitled to figure out what will work for you.

You can watch the video below and skip the reading, or you can continue reading if that’s okay by you.

Now, let’s go;

18 Best Digital Skills to Make Money Online (under 6 Industries)

A. Ecommerce Industry

Ecommerce industry is the fastest growing industry in the world, because people are now shopping most of their stuffs online ranging from groceries to furniture, gadgets etc.

I’m not saying you should start making these products before you can make money online with eCommerce. What you need is to master the skills under it.

Below are my recommended best digital skills you can master under eCommerce industry;

  1. Dropshipping

This requires partnering with the manufacturers of the products (E.g. Wears, Smartphones, etc.) and you help them resell. The more you help them sell, the more the profit you’ll made.

Note: You don’t need to buy the products, all you need is to setup a channel (it can be a dropshipping website or social media) where you can help the manufacturing companies resell the products.

Learn more about dropshipping business here.

  1. Mini Importation

Simply, importing of goods in “mini” or small quantities and you sell at your most satisfying price(s).

You can buy a bulky goods (containing 100 pieces of a particular product), maybe let’s say with just $100 that’s $1 per one product. Then when imported and delivered to you, you can sell at $10 per one products.

If you’re able to resell each product at $10 (or equivalent in your local currency), then you’re making at least, $7 profit per product.

And $7 x 100 products is whooping $700 as your profit!

To make money online by doing mini importation business is not that easy, that’s why you need to learn and master the skill. But to be honest with you, there’s money on it.

  1. Ecommerce Marketing

There are some businesses that have their own eCommerce stores, but they need the help of a digital marketer to assist them in driving sales.

If you’re good at digital marketing, you can focus on eCommerce marketing, you’re going to make some money provided you deliver what you promised to your clients.

Check here for the best freelancing websites to get job gigs related to this.

B. Programming & Tech

This industry has taken over. Almost all business owners are utilizing the power of technology or digital marketing in their businesses, and getting in this industry poise a great profit.

I’m not going to list all the best digital skills you can learn under Programming and tech but below skillsets are recommended;

4. Web Designing

I don’t think this digital skill is dying any soon. I’m sure you’re familiar with the term “Web Designer“, right?

Web Designers are those guys who design websites… Simply as that.

Learning how to design websites using different CMS (content management system) like WordPress, Shopify, Wix, Drupal and other platforms is a skill that’s going to earn you money as long as you’re in the right marketplace to get jobs.

5. Web Development

Web development is very different though, similar to Web Design.

When it comes to web development as a digital skill, you’re required to know how to use programming languages to build websites from scratch.

We have frontend developers who turn sketch or designs made by UI/UX designer to real website by coding it with HTML, CSS, JavaScript with other frameworks that can accelerate his job.

We also have backend developer who work behind the scene to give the frontend work some life and we have fullstack developers as well.

So, you can choose to learn how to become a frontend web developer, backend developer or a fullstack developer. You will still make money online with any of them.

6. Mobile App Development

Businesses, Organizations, Churches and different companies need a mobile application for one or two things.

If you can learn mobile app development, you’re going to make lot of money online from those who need your service.

Just like web development, you need learn some programming languages such as Java, Python, Swift, ReactNative and other languages used for developing mobile apps.

C. Graphic Design

One of the fastest growing industries in the world. Gone are those days when graphic designing is only about logos or making banners, but right now, smart and experienced graphic designers are making some bucks by designing for companies, businesses, organizations, and individuals.

Aside from logo designing, banner or fliers design, below are my two recommended digital skills that are more profitable in graphic design industry;

  1. Product Designing

This digital skill is trending really hot. People who are product designers are part of a successful startups and big companies. They are the architect behind that beautiful websites or mobile apps you’re seeing.

These people are good at User interface and User Experience (UI/UX) design and they make lot of money even from a single project.

You can learn how to use tools like Adobe XD or Figma. We also have other tools like Sketch and so on, but XD and Figma are the two kings for product designing.

  1. Branding

Branding is the marketing action to build your brand.

Okay, let break it like this;

Branding is a marketing action in which a company creates a “unique” brand name, symbol (including logo and icon) or designs only attached to that company. All companies in the world have their unique style of branding, and they spend lot of money to get the best designs.

All you need to do to master this skill is to be creative with graphics design.

Graphic designer who are good at branding is needed mostly at manufacturing companies or companies that produces physical products such as drinks, canned or packaged food, confectioneries and so on.

D. Foreign Exchange

Foreign Exchange is also known as ‘FOREX’.

FOREX is the biggest or largest market in the world, because we have thousand of big companies, central banks of all countries and big brands in this market trading stocks, bonds, securities, currencies and other assets.

Skill to learn in this market?

  1. Forex Trading

Like I said above big companies and institutions are in this market, you should not get into this market until you learn how it works because the market is very risky and also, you can’t enter the market directly without a broker.

The learning process includes how to get the best forex broker for you, how to analyze the market and place trades etc.

There’s money in FOREX but you must be careful, master the skill before you jump into it.

E. Information & Content Industry

Well, this is becoming an industry itself although, it is still under multimedia industry but let’s talk about the big deal here.

Have you ever heard of the saying that “content is the king”?

Yes, content is really the king, no matter how great your business idea, innovation, creativity and/or instincts are, without content to get in the heart of people, then you’ve switched off or ignore your financial progress.

But what digital skills should you learn here?

  1. How to Sell Your Knowledge Online

If you’re good at something and that “something” can solve one or two problems, then turn the knowledge to money making machine. That’s what most gurus are doing now.

If you know how to cook different food or snacks, sew clothes, write code etc., package that knowledge and sell.

This knowledge packaging can be inform of either;

  • eBook
  • Video tutorial
  • Or both
  1. Vlogging

Vlogging is also known as “Video Blogging”.

People are making money on YouTube, millions of dollars!

Almost all these YouTubers have a business or career aside from vlogging, but YouTube has become one of their sources of earning. But what do they do? They simply teach people what they know or catch fun.

Making money on YouTube is not that easy, you have to be patient and know your onions.

If you want to start vlogging, kindly be aware that you must reach a milestone before you start making money from YouTube. The milestone includes having at least 1,000 subscribers and 4,000 hours watch time – that’s when you can monetize your channel with Google AdSense.

  1. Blogging

Blogging is one of best digital skills to make money online under the Information and content creation industry.

Just like Vlogging, you teach people one or two things or share information with your readers.

There are many ways to make money blogging which includes Google AdSense as well. Read this blog post to learn about how to make money blogging.

  1. Social Media Influencing

If you good at something that can entertain people on social media, please start doing it.

Social media influencers are making money from that content you read or watch on their social media pages and just laugh.

We have some Instagram comedians and comediennes that have millions of followers on social media, and from that, different doors to make money online opens.

Recommended: 6 Ways to Earn Money on Instagram

If you’re good at anything that can entertain or catch the attentions of people on social media, it’s one of the top paying digital skills today, start doing it!

If you’re an upcoming Instagram comedian, I have an eBook that will teach you how to become a professional and money-making comedian, the book cost $7 or equivalent in Naira – contact me to get it

  1. Video Making & Marketing

Still on Video!

Personally, I prefer watching a long educative video than reading long content.

And that’s the same with most people in the world, that’s why YouTube have more than five billon viewers per day.

Aside from YouTube, some people focus on creating motivational videos such as Princea, or adventure (travel) videos such as Nas Daily.

If you can shoot a video about motivational content, adventures, or other stuffs to motivate and entertain people, start doing it.

F. Blockchain Industry

The last man standing, but the man that’s currently taking over.

If you’ve heard about Bitcoin before, then you have little knowledge about the Blockchain Industry.

We have lot of people making money in this industry, even the world top billionaires are now investing in this Industry.

But how can you make money online in this Blockchain industry? Let’s talk about mastering the digital skills involved;

  1. Buying or Trading Cryptocurrencies

This is the top way to make money online in this industry.

It’s just the same as FOREX trading but slightly different. If you can’t trade cryptocurrencies, you can buy and HODL (hold for some time to yield profit).

  1. Utilize Blockchain in Your Business

Simply, start accepting payment with cryptocurrency rather than your local currency.

  1. Blockchain Programming

If you are a programmer, you have higher chances of making money online in this industry. The reason is that Blockchain is open-source, you can create your own product or service and start making money from it.

Or you can work for startups or companies who are in this Blockchain industry.

  1. Affiliate Marketing

This is one of the top 10 ways to make money online and one of the sought-after digital skills in this age.

I won’t say much about this because I have more than 2 different blog posts dedicated to this. Read below;

CONCLUSION: Top Digital Skills to Make Money Online

That’s it!

Take one or two of the digital skills, master them and start making money online. You can start learning free on YouTube but I’ll advise you get a mentor as this will accelerate your progress.

If you really enjoy this content, kindly share with your friends using the floating social media buttons and don’t forget to subscribe to this blog’s notification and newsletter to receive contents like this.

In case you have any question, observation, correction or contribution, kindly use the comment box below and I will get back to you.

Continue Reading

Trending