Sunday, August 11, 2019

How Can I really Make Money from Home in Nigeria?


Welcome to this week’s making money from home article. If you are new to this blog, you should know that making money from home here in Nigeria is the primary purpose. Here we (myself and team) research income making opportunities that work in Nigeria and share this information with our audience. In this article we want to summarize the process of making money from home in Nigeria to give you – the reader – a broader perspective into what it really takes to make money from home in Nigeria.

The 5 Ways to Really Make Money from Home in Nigeria
There are 5 ways to really make money in Nigeria and I have grouped them into the following;

#1 Promoting a Product for Commission
The first way to make money in Nigeria that I will recommend is to promote a product belonging to someone else and getting paid a commission in return for your efforts. There are many opportunities to do this whether you are employed as a sales agent or you work in freelance capacity for yourself connecting buyers to sellers of other people’s products. The advantage of this method is that you can start anytime with what you have and start earning in the shortest possible time (if you know what you are doing) and grow from there setting aside some income from your earnings to invest in other future projects that can also earn you more money. Two good examples of promoting products to make money in Nigeria are affiliate marketing and working as a freelance/independent sales agent.

#2 Reselling a Product for Profit
This is a more common approach to making money from home. Some people have shops attached to their homes or some even convert their verandas to shops to sell groceries and provisions to people in their residential area. There are other approaches to this. You can start selling from home also with the opportunity provided by ecommerce companies like Konga and Jumia which enable anyone to join their platforms as sellers. Another way to make money reselling a product is to buy something really cheap in one location, then move it to another place to sell at a higher price. If you can find a cheap product like palm oil or cray fish from a source location, buy it then move it to another place which has high demand and sells at a higher price for a profit. Mind you these are just examples.

#3 Provide a Service for a Fee
You can also make money by providing a service and charging a fee for it. There are many options available here for anyone willing to work hard and is focused on delivering value to a specific market. I can speak with authority in this since I have been making money with business plan writing service since 2014 to Nigerians from all walks of life through my business plan writing blog. Under this opportunity you the provider must have expertise which is in high demand or which serves a particular market. I will teach more about this very soon on how to make money in Nigeria as a freelancer. Some examples of freelance services include; home tutoring, freelance writing, martial arts training, web development, social media marketing etc

#4 Produce a Product and Sell it for Profit
You can also make money from home in Nigeria by producing a product and either selling online through an ecommerce shop or making money offline through retailers and shop owners. There is a young girl I know who started baking bread and cakes from her room and selling it to customers through supermarkets and retail shops. Another man makes plantain chips and sells it also through supermarkets and stores. You can also make shoes, wigs, baby dolls, write story books for children or even make money self-publishing an ebook. There are many opportunities you can exploit under this method.

#5 Create Something and Sell
I like to think of this as artwork or other creative ventures you can sell to a target market. It could also include services for instance a hair stylist, barber, a martial arts/self-defense instructor, a logo designer, fashion designer, even programmer. Find a unique and innovative way to serve a market in Nigeria (group of people with an unsatisfied need) by creating a service or product and then selling it to them. 

This is just a summary of different ways to make money from home in Nigeria but I will like to add that if you wish to make money realistically, you will have to work very hard, sacrifice time and effort in learning your intended business and grow once you start making money.  To learn more I have a free ebook: “50 Practical ways to start making money in Nigeria when you have no money” send me an email with title “50 Ways to Make Money from Home in Nigeria” to email: makemoneynigeria@gmail.com

No comments:

Post a Comment