Make Money Online in Nigeria With Profitable Side Hustles ( in 2023) - Patrick Ogbonna Blog

Learn Online Business Secrets To Earn Money Online.

Breaking

Sponsor

Sponsor
Sponsored

Thursday, June 2, 2022

Make Money Online in Nigeria With Profitable Side Hustles ( in 2023)

Make Money Online in Nigeria With Profitable Side Hustles


This blog post will guide you in the right direction if you've been seeking a means to increase your income while still working a full-time job or focusing on other projects.



Side hustles are profitable ventures that you may undertake without dedicating a significant amount of time.




While many people begin side hustles as a means to boost their monthly income, it's not unusual for side hustles to soon become a major source of income and eventually replace your 9-5.



In other words, the MAIN hustle.



So, start by looking at the many side hustles listed in this blog post.




As you go through the information, jot down notes and thoughts, and when you are done, come up with a plan of action!


One of the best methods to swiftly pay off debt, save for retirement, or just reduce financial stress so you can live your best life is to start a side hustle.


Finally, the ideal side hustles are adaptable and can continue to be lucrative even if you don't devote a lot of time to them.


While most of the ways to earn money in this blog post have the opportunity to scale into much bigger businesses, they are created to allow you to work as little or as much as you like when you first start out.


So, without further ado, let's get started!



Table of Contents
  1. Create Video Tutorials
  2. Offer Online Training
  3. Affiliate Marketing
  4. Become a Freelancer
  5. Dropshipping
  6. Sell T-Shirts & Other Merchandise
  7. Self-Publishing
  8. Monetize Your Skills
  9. Conclusion










Create Video Tutorials  




People are constantly on the lookout for tutorials that will show them how to accomplish a goal, finish a task, or gain more knowledge.


This makes video courses incredibly profitable, and platforms like Vimeo and YouTube make it simple to quickly create a channel and generate high-quality traffic (and at almost no cost).


To begin, think about what kind of video you want to make and what skills or information you have that could be transformed into video tutorials.


Then, spend some time on YouTube studying existing tutorial videos in that niche to get a sense of the style, tone, and voice that renowned creators are using to reach out to their audiences.



This is also the time to decide on your video tutorial's general format, such as whether you'll do an explainer video, a presentation-style video, or a screencast video.



The more you understand your market, the simpler it will be to come up with innovative ideas that will appeal to audiences, so spend some time studying popular platforms.


You should also make a storyboard or script to help you plan the video. This will reduce mistakes and improve the flow of your content, ensuring that audiences remain engaged.


To make high-quality videos, you'll need to invest in some equipment, but you will not have to go all out.


You only need a quality microphone and a screen-capture software like Snagit or Camtasia, which are two of the most popular tools used by both beginners and pros.


If you're interested in learning more about this side hustle, here's a solid step-by-step tutorial to get started (it's free!): https://www.techsmith.com/blog/instructional-videos/ 

 


Offer Online Training




You can take things a step further by creating online courses and programs, similar to how you can create tutorial videos based on your skills and experience.

Students will pay for access to your courses, which may be offered in a variety of ways, including via popular course platforms such as Teachable or Thinkrific

You have the option of developing video-based lessons, text-based lessons, or a combination of both when it comes to developing your training content.

The ideal format should be determined by your target market and what they want, so spend some time examining your niche, including current courses on the topic.

Courses are a huge deal! People earn millions every year by providing basic courses that help people acquire new skills.

It's also not necessary for your course to be very long.

In truth, students frequently believe that less is more since they only want to master the most important steps or parts in order to attain their objectives.

And if you don't think you're eligible to make a course, rethink!

People are buying courses on nearly any subject they can think of.

As a result, start by examining your particular abilities and hobbies and coming up with a few thoughts that you can improve later.

For example, maybe you're skilled at bookkeeping or have experience designing websites or making videos.

All of these are important skills that many would be willing to pay a high price to learn.

Tip: This is one of the most successful side hustles in this special report, and you can make even more money by offering chosen students the chance to receive personal support or coaching from you for a price.

This is a tried-and-true approach to increasing your earnings, and it allows you to tailor the upgrade in a variety of ways, such as by providing different stages.

You may, for example, provide coaching for 30 or 60 days, or allow students to pay for extra time   Alternatively, you might provide a subscription option in your course that allows students to pay for extra tools and materials.





Affiliate Marketing



Affiliate marketing is one of the most highly regarded and lucrative side hustles online.

It's no wonder that so many people get started with this option because it's simple to set up and can be automated for genuine passive income once you've got your system in place.

You may join a lot of affiliate networks to get access to in-demand products and services for which you can earn a commission, but the ideal ones for you will depend on the market you're targeting and whether you'll be promoting digital or physical products.

You'll also want to invest in a blog or website, as well as an email provider like Constant Contact or MailerLite if you want to make money with affiliate marketing.

It will be easier for you to generate quality traffic that can turn into buyers if you create a quick website (even if it merely contains review-style articles that are rarely updated).

You'll also be able to start growing an email list of active subscribers who are interested in the products and services you offer using an email marketing service.

This will not only save you money on marketing (or eliminate it entirely), it will also allow you to easily start affiliate-based promotions to a specific niche.

NoteAffiliate marketing can be very lucrative, but it is also pretty competitive. This is why we advise focusing on a certain niche. Concentrate on one primary area of a prominent market, then create blog content that includes information such as interesting and meaningful reviews to guide consumers in their buying decisions.

Here are some affiliate networks to get you started, but we recommend personally looking for affiliate programs in your industry to locate the top ones that aren't on a larger network.


Amazon Associates: 

eBay Partner Network:

ClickBank:

Commission Junction (CJ): 





Become a Freelancer




Freelancing is a terrific way of boosting your income without having to dedicate a lot of time to it. Simply choose a service, set your fees, and take on only as many tasks as you have time for each week.

And because freelancing covers various aspects, you'll be able to quickly build a customer base by simply creating a profile on platforms like Upwork.

From writing, coding, and marketing to virtual assistants and specialist fields like law, translating, and android programming, there's something for everyone.

Tips: Make a point of only accepting jobs that you are confident you can complete. On freelance platforms like Upwork, user feedback is crucial since it helps potential clients assess whether you're trustworthy.

This implies that you strive to reach deadlines at all times, and if you anticipate any problems, you notify your customer as fast as possible.   When it comes to receiving positive feedback after a project is completed, constant communication is essential.

Furthermore, conduct market research so that you can determine fair price points for the various services you provide.

You never want to undervalue your job or yourself, so research what other freelancers in your industry are charging for similar tasks.

Here are some other freelance platforms to consider:


We Work Remotely: https://weworkremotely.com/




 Dropshipping




Dropshipping is a method of selling products without having to buy or keep inventory.

You may even have the manufacturer transport it straight to your customer, saving up your time and reducing your workload.

Dropshipping, in other words, provides complete automation!

It's also a low-risk possibility since things are only shipped out once they've been purchased, avoiding the costly (and high-risk) necessity of acquiring inventory in advance, as is typically the case with other businesses.

Simply select a niche to sell to, choose a vendor, and then reach out to new buyers using channels like Amazon or eBay to get started.

You can get started by simply deciding on a niche to sell to, choosing a supplier, and then reaching new buyers through sales channels like Amazon or eBay

Finding your niche is vital since it will help you narrow down your focus so that you can begin assessing the many products available.

While many individuals make money through dropshipping by keeping an eye on current trends and then capitalizing on them, we suggest concentrating your efforts on evergreen products that will sell all year long and can provide you with a consistent source of income.

Tip: Hot trends are awesome for fast, short-term profits, but it's typically not a good idea to build your entire business around them.

Instead, concentrate on evergreen markets with steady demand and returning clients.

Resources: 

This website is excellent if you're interested in keeping up with the latest trends: trendhunter.com

You'll also find the Oberlo app useful if you're trying to get started in popular, evergreen niches: oberlo.com

Finally, you can search suppliers online, like on Oberlo, and simply create a shop with their inventory integrated.

Shopify or Bigcommerce are two excellent options for creating an online shop



Sell T-Shirts And Other Merchandise 





Did you know that you may profit from selling t-shirts even without having to ship products or even process a payment?

You can make and upload designs to websites like RedBubble.com and printify.com, and they'll take care of things.

You'll get paid a portion of each item sold, and you can select from a range of product categories to put your graphics on.

This means you can sell items such as mugs, mousepads, and even bags in addition to t-shirts.

This is a perfect side hustle because it doesn't require much time or effort to get started, and you can work on new ideas whenever you have free time.
You should spend some time studying a number of markets in order to come up with unique concepts that will sell.

This is commonly the most time-consuming phase, and it's well worth the effort. Popular products may be found on websites such as Amazon.com and Etsy.com.

Take notes on popular words, terminology, and even colour combinations that are selling, since this insight can prove useful when you're creating your own designs.

Tip: 
Ensure your graphics are 300 dpi and saved as PNG files with a 4500x5400 dimension.  



Self-Publishing 




The Amazon KDP (Kindle Direct Publishing) Platform makes it simple for anybody to get their work published without having to send publishers query letters in the hopes of getting accepted.

In contrast, you can quickly publish a book in a wide range of marketplaces, including fiction and nonfiction, with a free Amazon KDP account.



To begin, think about the many areas in which you are personally interested and have experience.

Are you a lover of history, romance, or fantasy novels and short stories? Consider creating a short book and then expanding it into a full-length novel or series once you've gained experience with publishing.

Are you familiar with nonfiction themes like self-help, sales, economics, and personal development? These are some of Amazon's most popular genres.

And if you're not a natural writer, don't let that stop you from pursuing this lucrative side business.

On marketplaces like UpWork or Reedsy, you can quickly construct a fast outline of your stories and outsource the writing to ghostwriters.

When developing an outline for a ghostwriter, be sure to explain the project's objectives. Make sure your vision is detailed and clear as possible so that your ghostwriter completely gets it.

Before writing contracts, paying invoices, or setting deadlines, evaluate the ghostwriter's abilities. It's essential to choose a ghostwriter that has the same tone and style as you. Reviewing a ghostwriter's profile, particularly recent projects in your niche, will give you a better idea of if they're a suitable choice.

Self-publishing is highly profitable, and setting up a ghostwriting and editing team enables you to automate a major part of the process, allowing you to quickly establish a passive source of income.

Hot Tips:

Don't limit yourself to Amazon. You may also generate money by writing short pieces for sites like https://www.Medium.com and short "episodes" for famous sites like http://radishfiction.com/, where some new authors are making six figures per year for short novels!

Remember that self-publishing isn't limited to fiction and nonfiction books!

On Amazon, you can make money by publishing so-called "low content" books.

Planners, calendars, notebooks, and other items fall under this category. These not only sell all year round, but they also take very little time to create when you do get the hang of it.

Premade planner templates and low-content books with complete commercial-use rights can be bought on platforms like https://shop.nicheraiders.com and save even more time.




Monetize Your Skills





Evaluating your experiences and skills is one of the simplest ways to identify new side hustles.

Many great businesses are built on a personal interest or knowledge – and these aren't always noticeable. This is why we recommend writing down anything you're passionate about, interested in, or know how to accomplish.

The ideas are unlimited, whether it's gaming – which could be converted into a lucrative Livestream on gaming websites like Twitch – or being an ardent reader and offering proofreading or editorial services to new writers.

Once you've compiled a list of potential ideas, you'll need to qualify them by doing some analysis on each one before putting together a plan of action

Consider the following:

Market Demand: Ensure there is a significant demand for the products and services in that niche

Pricing & Availability: Consider the many types that are now accessible online, as well as the different price points. Consider how well you can present your offer to be more competitive.

Time Required: You'll also want to consider how much time it will take to develop a product or service in this industry and whether you have the time to dedicate to it.

Difficulty Level: Consider whether the product or service you're planning to create is something you can accomplish yourself or should be outsourced to expert freelancers through platforms like Upwork.

Tip: Look for and join Facebook groups or Reddit forums about the niche you want to learn more about. It's a fantastic strategy to not only analyze your industry but also to place you in a position to network.


Conclusion


In this blog post, we've listed a number of side hustles, all of which are completely online.

This means that all you need is a computer and a Connection to the internet to get started!
There are a lot of other kinds of side hustles, including some that take place offline, so keep looking into them to see which ones are perfect for you and your lifestyle.
Begin by focusing on one main side hustle and growing your revenue until you're ready to move on to the next one or convert it into your primary source of income.

All side hustle, whether online or off, will take time, patience, and commitment to get leads and sales, but you will be successful if you devote time and effort to learning as much as possible and implementing those principles in your business.


To your ongoing success,

Patrick

No comments:

Post a Comment