Do you want to want to know how to Make Money on YouTube in Nigeria?
I’ve been receiving different messages regarding this question and some even ask how they can start a YouTube channel in Nigeria. I know you’re here to get an info about this legit online money making business and I’ll try my best to give you well-detailed information regarding this topic.
Since the advent of the internet, the doors to making money online, especially in Nigeria has been widely opened and lot of smart entrepreneurs has been passing through it. The internet hasn’t just helped facilitated financial buoyancy in the tech world alone, but it cuts across all works of life – be it medicine, agriculture or even commerce.
The tech world has given birth to so many forms of technologies that has changed the lives of many, one of such technologies is YouTube. The company which was founded in 2005 and now owned by Google is the world’s biggest video hosting platform with billions of viewers making use of the site daily.
With YouTube, one can learn of lot of useful stuff, watch trending videos, follow live updates (like sporting events). These and many more you get to enjoy while using this service.
Asides the educational benefits, there exists some financial benefits which many do not know about, in fact it’s a full-time job for some. Today, I’ll be showing you how to make money on YouTube in Nigeria. This post is for those wishing to start, if you already in it, no problem you could still learn a thing or two.
Requirement to Start a Money Making YouTube Channel in Nigeria
Before moving forward, here are some things you’d be needing in other to start racking up the cash on YouTube.
- A good camera
Before thinking of how to make money on YouTube in Nigeria, you should know before now that your number one tool is “Camera”. Without telling you, you know very well that YouTube is all about videos and a good camera will go long way helping you get started as a newbie YouTuber in Nigeria.
We are quite lucky to have smartphones these days with good camera that can be compared to the likes of Canon, Nikon or Panasonic cameras. You could start with a smartphone camera (preferably iPhone), you could then switch to quality DSLR camera as time goes on.
Check here for the: 10 Best Camera for YouTubers
- Internet connectivity / IT Gadgets
After recording your videos you’d be required to upload them to your channel. Your videos might have some glitches here and there, some places to cut and more – you’d need a good laptop or smartphone to edit those videos.
- A space with good natural or artificial lightening
Some YouTubers call it studio, but you could get a good space with adequate lighting facility, it could be natural or artificial. Among the both, I’ll recommend an external lighting device which should provide you with proper light for a much crisper video.
These devices can be bought from any electrical store or online, their price ranges from a low as N10,000 to N150,000 – the higher the price, the better the quality.
P.S. Go for devices with adjustable lights, else some of your videos might get overly exposed.
- Sound Device / Microphone
This is arguably the biggest challenge for YouTubers in Nigeria and the world beyond. A good video with matching sound quality is top notch and keeps the viewers glued to your channel, if a viewer stretches their ears to listen to you, they might just get discouraged and leave your channel.
Yes, your recording device (a smartphone or digital camera) might have a microphone, but the quality of such mics isn’t a good as you’d want, with this in mind you’d be visiting the market or online store again to get a good external microphone. Some of the best brands to choose from will be the Rode, Shure, Heil, or BlueYeti.
- Pick a niche
To succeed as a YouTuber in Nigeria, you’ll need something to focus on – a niche. Every top YouTuber you see today has a field which they focus on and create contents related to such field – it could be tech, fashion, entertainment, education, finance and any other field you could think of.
Now, let start taking about how you can start and make money on YouTube in Nigeria;
How to Start a Channel & Make Money on YouTube in Nigeria
1. Sign up for a YouTube account
To get started visit https://www.youtube.com for desktop, or https://m.youtube.com for mobile devices. After this, click on sign in and login with your Google account – you’d have to create one if you don’t have any.
After signing in, search for a video and try commenting on it and you’d be prompted to create a channel.
- The next screen will require you to choose your name, or a brand name, below it you have to choose from a list of categories – Product or Brand, Company Institution or Organization, Arts Entertainment or Sport and Others, these are the options available for now. With this you’ve successfully created your YouTube channel, next you have to add a channel art and channel icon.
The channel art and icon can be likened to Facebook’s profile photo and cover photo respectively. You could change your art and icon whenever your want, you have to make it look vibrant with a recommended size of 2560 x 1440 for the channel art.
After adding these, a page description, contact info, email and more will be needed to set up you new YouTube account.
2. Start Growing Your Channel
Yeah, you want to make money on YouTube in Nigeria, you want to be a top YouTuber, you’ll need to grow your fanbase and I’ll show you how.
You can grow your YouTube channel in Nigeria using:
- Social Media:
YouTube make money from ADs, (more) people will need to view these ADs for you to make money from YouTube. These people in question here, are your subscribers – before now you should have a social media account, you could as well create a page or handle(s) that’ll collaborate your channel.
When you upload a new video, it’s a nice idea to let your fans know by posting it on your social handles, with links to the video as well – this will let more of your fans know about your latest video. With this, you’d see your subscribers grow.
Another option here is to post it a link to your video on your website or blog, if you don’t have one, you could use Nairaland – posting the link with some descriptions in the related section.
Note: The more people that watch your videos, the more chances of making huge money!
- YouTube SEO
Oh yeah, there’s also SEO for YouTubers, and if you have to make money from the service in Nigeria, you have to utilize this fully with these tips;
How to Properly Do YouTube Video SEO in Nigeria
- Using appropriate tags
What are tags? this are search terms or words you made mention of in your videos. Since search engine crawlers can’t watch vids, they depend on what’s written in the tags when indexing YouTube videos.
When using tags, be sure to use tags that you think viewers might likely search for, words or phrases you think most viewers will likely use when searching for videos on YouTube.
If you own a food related channel and you make a video that teaches ‘how to make egg sauce’, you could use tags like “egg sauce”, “how to make egg sauce”, “types of egg sauce”, “materials needed for egg sauce”. Your tags must be written between the double colon as above, it could also be a word or a phrase – but whatever it is, it should relate to your video.
If you find these phrases difficult to acquire, YouTube’s analytics portal will be of help to you.
- Caption / Translations
YouTube offers an automatic caption service, an AI powered service that transcribes your videos for you. This transcription service is mainly meant for those with hearing difficulties. Search crawlers also use this indexing YouTube vids.
If you want to make money from YouTube in Nigeria, you have to transcribe your videos yourself as Google’s AI isn’t perfect, especially as it doesn’t understand our local language – which you might use at some point in your videos. YouTube gives you an opportunity to add a transcript to your videos; this will make those crawlers comprehend your video better.
This part is key to making money on YouTube. The description tab on YouTube can fit up to 5,000 words and you should utilize this better. This tab is meant for giving your viewers what to expect from the video, – timestamps, affiliate links, download links and more will be in this part.
The search crawlers also consider this part – especially to early parts of your descriptions. For better results, it’s advisable to write affiliate links, and other non-related on-video content at the bottom, while on-video related content should appear at the top.
- Use eye-catching thumbnails
A thumbnail in case you don’t know, is the image that appear on the video before it starts playing, this isn’t SEO per se but it’s required.
A compelling thumbnail that depicts what your viewers might see in the video will be tempting to anyone. YouTube provides a list of three possible thumbnails to choose from automatically after uploading your video, you could choose any one of the three or you could create a custom thumbnail as some YouTubers in Nigeria do.
When creating a custom thumbnail, please ensure that it isn’t misleading and deceptive, this is strongly frowned upon by YouTube and you could be punished if caught. Your custom thumbnail should give your viewers some hint on what to expect from the video proper, so use a compelling one and not something deceptive.
Now, let talk about the big deal, monetizing your channel and making money from your YouTube Videos in Nigeria…
How to Monetize & Make Money on YouTube in Nigeria
Right now, you must have had some good numbers of subscribers (if not, ask them to), and you’re ready to start making money from YouTube in Nigeria.
Important Notice: Before we begin it necessary to know that before you can monetize your channel your must have gotten 1,000 subscribers and 4,000 watch hours – you could get to see these stats using YouTube’s analytics engine. If you’ve gotten this, let’s move on!
- Some requirement; A domiciliary or Nigeria bank account which you should already have, or a PayPal account.
Ways to Make Money on YouTube in Nigeria
- AdSense by Google
This is another way to make money on YouTube in Nigeria – utilizing the AdSense option. AdSense displays ADs just like Google ADs, but unlike Google AdSense, it’s displayed between the video and not and the beginning.
Google AdSense can’t be skipped; you’d have to let them finish playing before you continue the video. One good thing about this form is that it can be placed at a strategic time which you could set.
How to Be Eligible for YouTube Monetization Program in Nigeria
To be eligible to display Google AdSense, click on ‘My Channel’ tab >> click on ‘Video Manager’ and >> enable ‘Monetization’.
Once this is done, you will be reviewed and if approved, you can start displaying channel should start displaying Google ADs – an AD that you can skip after few seconds before heading on to the real videos.
To get started with AdSense, visit https://www.google.com/adsense/ and click on “Get Started” to register.
- SPONSORED ADs
This is another way to make money on YouTube in Nigeria, and this isn’t hinged upon the watch time or subscribers – it’s not based on Google.
As a YouTuber, you could get to the chance to review the product(s) of top brands in the country, you’re being paid by the brand to do this. You’ve got to be the best in you’re craft for top brands to walk up to you, a good subscriber base is also needed.
Aside reviews, you could make a video about a topic and in between, you get to introduce the product or service, talk a little about it, and then continue with your video.
- Affiliate Marketing
Here is another opportunity to make some good money while doing YouTube videos.
As you already know, most of the time you’d be talking about a product or service offered by a brand, most likely you’d be using the product. While telling your viewers about the product or service, you should drop an affiliate link to it in your video description, you’d get some percentage when a subscriber gets to use it.
These tips will really help you to start making some money on YouTube in Nigeria, but to keep the money coming by here are some things to keep in mind;
- Consistency is Key – You’ve got to remain consistent in this business, else you’d begin losing subscribers, you need your subscribers to make money, you need to create contents to keep them coming back – not just gibberish contents, but quality contents.
- Quality Content – How good are your contents, what value do they bring? These are some questions you need to answer, if you deliver quality on a consistent basis, you’d make more money and it’s as simple as that.
- Engage your audience – Engagement has a lot of positive impacts on your brand as a YouTuber, get social with your subscribers, answer questions asked on your video, be open to constructive criticism from your audience – try to improve after each video.
WRAPPING UP… Now you can Start Making Money on YouTube in Nigeria
So, you’ve started your YouTube career or wish to start one don’t get discouraged as it might be difficult for you at the beginning, but with time, things will get to fall in place. A lot of top YouTubers in Nigeria went through this process, and you too can.
Help your friends to learn how they can also make money on YouTube in Nigeria by sharing this blog post with them on social media (use social media buttons floating here to automatically share instantly).
That’s it about YouTube and making money from it; I hope this really help.
8 Legit Ways to Make Money with Bitcoin (Cryptos) – No 2 is the Easiest!
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!
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
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.
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.
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.
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.
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.
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How to Start a Drop Servicing Business: Make Money Online Without any Skill
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;
- What are the requirements to do this (website, logo etc.)?
- How many days will it take me to do this…?
- What’s the minimum cost of completing this project?
- 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.
Go and start the drop servicing business now and come back for your testimony.
18 Best Digital Skills to Make Money Online in 2021
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;
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.
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.
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 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;
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.
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?
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?
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;
- Video tutorial
- Or both
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.
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.
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
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;
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).
Utilize Blockchain in Your Business
Simply, start accepting payment with cryptocurrency rather than your local currency.
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.
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
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.
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