Have you ever wondered how people make extra money online?
Do you want to learn how to start earning money doing what you enjoy?
Yes, right?
In some of my recent blog articles, I covered a series of different ways in which you can start earning money online without stress.
Well, this is yet another article that covers more ways to monetize your time online.
If you are fond of spending so much time on different social media platforms just saying Hi and WhatsApp!, I gotta be real here… you are wasting not just time but money.
As an online marketer who understands the rudiments of online business, there are people making nothing less than $1000 online.
If you are ready to take the bull by the horns and follow some of the posts I share on this blog, you should be on your way to success. If you’ve not subscribed to our push notification, then do it right away to start getting a daily update of our free digital marketing content!
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In today’s guide, I want to show you some of the best ways to make extra money online in Nigeria or anywhere you might be in the world.
If you are not expecting to get rich overnight and want to make real and legitimate money online, then this guide is for you.
With that said, let’s get started right away!
10 Honest Businesses to Make Extra Money Online in Nigeria
1. Make Extra Money Online Promoting Businesses on Social Media
You spend a lot of time on social media – and if social media is your natural element, you may very well be able to turn that hobby into a moneymaker.
Social media started out essentially as something of a means to reach out to families and friends, businesses are increasingly appreciating its value as a means of promoting their products and services on these platforms. The problem is there are a lot of people out there who know a lot about social media marketing.
If you know how to build a following on any of the major social media platforms – Facebook, Twitter, LinkedIn, Google+, and others – you may be able to carve out an online money-making niche for yourself.
The business side of social media usage is sometimes no more involved than being an online customer service rep for a business. This is where you help direct customers to the right parties in the company to have the problem solved if they’re having an issue with a product or service. Is also a place for you’ll be able to put out company press releases, and then promote them on the media.
Social media marketing is becoming a career field all its own. As you grow into social media from a business perspective, you may as well be crafting a new career for yourself – out of what is now just a hobby.
One of our ex-students and former employees is doing exceedingly great on Instagram. She started a platform called Service Vendors where she helps small and startup businesses grow by helping them reach her page audience.
READ: 13 Proven Ways to get Free Real Instagram Followers in 7 Days
If you want to learn how to start your own social media marketing business and make extra money online, learn step-by-step on how to start your own social media marketing agency. Click here to register for our digital marketing course.
2. Make Extra Money Online Designing Websites
Do you create or upgrade websites for yourself or your friends, mostly just because you like to do it?
Well, there’s a market out there of people businesses would be willing to pay you to do it for them.
Sure, there are free templates like WordPress available, but a lot of people lack the time, the motivation, or the aptitude to make even a simple application work.
If you are pretty creative and building websites, and can do so for a reasonable rate even though some website design agencies charge over N200,000 Naira for it, you should find plenty of work out there if you charge something reasonable.
You can start by soliciting local small businesses, or even by placing small ads in trade publications. And having a website that any of your advertising can link back to, will be an excellent opportunity to showcase your work through examples.
Building a website is not so difficult today, platforms like WordPress have helped many non-tech savvy individuals come up with clean and beautiful websites.
I have a couple of website design guides previously published on this website:
- How to Start & Create a Blog (Ultimate Beginner’s Guide)
- How to build a WordPress website or blog in Nigeria
You can start out working on relatively simple sites, the ones you have the time in the skill level to do without much trouble. Cash flow from the activity begins to grow, you take on more complicated – and profitable – assignments.
The amazing thing about our digital marketing course is… We will also teach you how to build a WordPress website and it’s completely hands-on, with no theories! Click here to register for our digital marketing course.
3. Make Extra Cash Online Blogging
Is there a subject you are particularly passionate about?
It can be technology, business, finance, food, politics, health, fitness, entertainment, cooking, IT or just about any category you can think of.
Start your own blog, and become a member of the growing ranks of self-styled experts that are populating the web.
You can set up a simple website through WordPress, where most of the blog templates are free, and then build your blog over time. Eventually, you will get a steady flow of visitors, and soon enough the opportunity to add advertising arrangements, as well as affiliate deals.
READ: How to Start & Create a Blog (Ultimate Beginner’s Guide)
How to Make Money from Blogging (Step by Step)
If you’re serious about launching the next Linda Ikeji Blog or TechCrunch or whatever other blogs you might think is wildly successful in your eyes, then here are some quick steps on what you need to do.
- Set up your blog
- Enhance your blog
- Prepare your blog for seo
- Prepare your blog for lead generation
- Market your blog
- Monetize your blog
READ MORE: How to Make Money from Blogging (The Complete Beginner Guide)
4. Make Extra Money Online with Fiverr
Fiverr is the world’s largest marketplace for digital services. You can find jobs ranging from logo design, social media marketing, voice-over talents, proofreading, translations, SEO, virtual assistant, online lessons, copywriting and more.
The website claims it has served 950+ services per hour last year. Being tech savvy is almost a necessity here – after all, it is a digital services marketplace but you can still find jobs that only require basic tech know-how.
The good thing about the Fiverr marketplace is that you can run your normal job while attending to gigs or orders from potential buyers.
To start – sign up with Fiverr.
You, the seller will post a job called gig and potential buyers will pay Fiverr to avail of your services. You get to keep 80% of the selling price of each gig which starts at $5 but you can set whatever price you want.
Once the job is done, deliver the work and buyers will have 3 days to accept or request for improvements. Once accepted, the gig will be marked complete and you can request payment within 14 days.
Doing freelance work is one of the more stable ways to earn extra money online. A lot of people depend on this for a living. It is much like having your own side business, you create your own brand, formulate your own strategy and manage your products and services.
Mode of Payment — Fiverr accepts PayPal and Payoneer
How to do it right
- Consider pricing your services at or below market value, especially for starters.
- Reply inquiries as quickly as possible. Buyers will have other options and if they can settle their inquiries with another seller, they will not wait for you.
- Focus on quality over quantity. Learn how to say no if you will not be able to deliver good quality service.
- Prioritize the quality of work and good customer service before money and ratings.
- Pay attention to your gig’s title and description. Be impressive yet truthful.
Others to websites like Fiverr
- Guru
- Upwork
- Gigbucks
- Zeerk
- Freelancer
- PeoplePerHour
These are some of the best ways to make extra side income for yourself. The more effort you put into planning and executing, the more likely you’ll be to succeed in the long term.
5. Try Affiliate Marketing
Affiliate marketing is a great way to earn extra income by promoting products or services you love. It involves partnering with a company to promote their product and share their links on your website, blog, or social media. When someone clicks your link and makes a purchase, you earn a commission.
To get started, choose a niche that interests you and find affiliate programs that align with that niche. Many companies, like Amazon, Jumia and Selar, offer easy sign-up processes. When you sign up, start creating engaging content around the products you promote, such as reviews or tutorials, to attract potential buyers.
The best part? You can work at your own pace and scale your efforts as you see results. With dedication and the right strategy, affiliate marketing can become a reliable source of extra income
To read more about Affiliate Marketing
How I Used Affiliate Marketing To Make Money
Top 12 Affiliate Marketing Programs in Nigeria With High Commission
How To Make Money Online With Affiliate Marketing
How to Start Affiliate Marketing for Beginners | Step by Step Guide
6. Freelance Your Skills
Freelancing is an excellent way to leverage your digital marketing skills for extra income. Whether you’re skilled in social media management, SEO, content creation, or email marketing, there’s a growing demand for these services. Many businesses are looking for freelancers to help them improve their online presence without committing to full-time hires.
To get started, you can register on different freelancing platforms to start showcasing your expertise and applying for jobs. You can also network through LinkedIn or local business groups to find potential clients that need your service.
This allows you to build your portfolio and gain experience while getting paid for it, Also the more skills and tasks you complete, it can help you increase your rates and even specialize in a niche area. Freelancing not only provides flexibility but also allows you to turn your skills into a profitable side hustle.
7. Become a Virtual Assistant
Being a virtual assistant (VA) is a fantastic way to earn extra money while working from home. As a VA, you provide administrative support to businesses or entrepreneurs, handling tasks like email management, scheduling, social media management, and data entry.
This role is perfect for individuals with strong organizational skills and a knack for multitasking. To get started, you need to identify your strengths and the services you can offer because we have different types of VAS and their target audience.
Many businesses are increasingly relying on virtual assistants to streamline their operations, making this a growing field with plenty of opportunities. With flexible hours and the ability to work with multiple clients, being a virtual assistant can be both rewarding and financially beneficial.
8. Become an Instagram Influencer
To make extra money online, you can consider a career as an influencer, where you create and share content such as photos, videos and stories focused on a specific niche, whether it’s fashion, fitness, travel, or food to a wider audience.
To get started, choose a niche that genuinely interests you and aligns with your lifestyle. Consistently post high-quality content that engages your audience and reflects your unique voice.
As your following grows, brands may reach out to collaborate on sponsored posts or product promotions. You can also explore affiliate marketing opportunities where you earn a commission for every sale made through your referral link.
This can help you build your brand as an influencer and get a gig opportunity. While building a successful Instagram presence takes time and effort, the income potential is significant.
9. Learn to Use AI Tools
Learning to use AI tools is a smart way to make extra money in today’s tech-driven world. As artificial intelligence continues to evolve, many businesses are seeking individuals who can effectively exploit these tools to improve efficiency and drive results.
Start by familiarizing yourself with popular AI platforms like ChatGPT for content creation, Canva for design, or HubSpot for marketing automation. Online courses and tutorials can help you understand how to leverage these tools effectively.
Once you’ve gained proficiency, you can offer your skills as a freelancer or consultant. Many companies are looking for help with tasks like content generation, data analysis, and customer engagement through AI-powered solutions.
When you invest your time in learning AI tools, it can improve your skill set and also open up new avenues for income in a rapidly growing field.
10. Be an Online Tutor
If you have expertise in a particular field whether it’s digital marketing, social media, data analytics, or even content writing, you can make extra money while sharing your knowledge with others. This involves helping students of all ages improve their skills and understanding while you get paid for it.
To get started, create a profile of any platforms you want to use and set up your account properly with the necessary info. These platforms connect you with students looking for help, making it easy to find clients. You can also promote your services on social media or through local community boards.
Online tutoring offers flexibility in terms of scheduling, allowing you to work around your existing commitments. You can conduct sessions via video calls, making it convenient for both you and your students.
As you gain experience and positive reviews, you can increase your rates and expand your client base.
Finally
There are numerous ways to make extra money from the comfort of your home. Whether you choose to freelance your skills, become an online tutor, or explore affiliate marketing, the opportunities are abundant and varied. The key is to find something that aligns with your interests and strengths, allowing you to enjoy the process while earning additional income.
As you embark on your journey to make extra money, remember that consistency and dedication are essential. Start small, set realistic goals, and gradually build your skills and client base. With time and effort, you can create a sustainable source of income that not only boosts your finances but also enhances your personal and professional growth.
FAQs
What skills do I need to become a virtual assistant?
To become a virtual assistant, you’ll need strong organizational and communication skills. You also have to be familiar with tools like Google Workspace, Microsoft Office, and project management software. Depending on the services you offer such as social media management or bookkeeping you may also need specific skills in those areas.
How much can I earn from selling digital products?
Earnings from selling digital products can vary widely based on the type of product and your marketing efforts. For instance, eBooks or online courses can sell for anywhere from $10 to several hundred dollars each. Once created, digital products can be sold repeatedly with minimal ongoing effort, making them a scalable source of income. With effective marketing strategies and a solid audience base, many creators generate significant passive income over time.
More articles on how to make money online
- Latest Online Jobs For Students In Nigeria To Earn Money
- Easiest way of making money in Nigeria (Starting a side hustle online)
- 9 Lucrative business ideas in Nigeria with small start-up capital
- Top Affiliate Marketing Programs in Nigeria With High Commission
- How I Used Affiliate Marketing To Make Money
- How To Make Money Online With 1000 Naira
- 29 Latest Online Money Making Opportunities In Nigeria
- Latest Online Businesses in Nigeria
- Reasons You Should Start Blogging Right Away (6 Fabulous Ideas)!