Top 11 Legitimate Online Business Opportunities in Nigeria
A lot of potential Nigerian entrepreneurs want to start a legit online business in Nigeria. They are searching for the most successful online business idea and legitimate online business opportunities in Nigeria. So this is my take on the top 11 legitimate online business opportunities in Nigeria.
Nigeria has an estimated population of 180 million people. According to a report by the Nigeria Communication Commission (NCC) in June 2017, Nigeria has over 91 million internet users out of a population of 184 million. 85% of these users are believed to be accessing the internet using their mobile phones.
Today, because of the COVID-19 pandemic, several businesses in Nigeria are taking their business online to leverage the massive community of Nigerian internet users and market their products. Several people are also interested in investing in legit online businesses in Nigeria.
I’ve noticed an alarming increase in the number of people calling to ask me how to make money online in Nigeria or how they can take an online course or watch videos and earn money in Nigeria. This makes me sad because it shows that many of them are idle and don’t know what to do! So they’re looking for ways to make passive income.
What is an Online Business?
An online business is a business that is conducted, managed, or delivers services primarily over the Internet. Online business is a business that can be registered or not, formal or informal. Running a business online does not exclude it from legal requirements.
Why You Need To Start a Legit Online Business In Nigeria Today
A legit online business model is a simple way to a passive income and to make money online in Nigeria as a student, job seeker, and also as a side hustle for those who are employed.
Online businesses rarely follow traditional business models. Many don’t as a necessity require a license or registration to operate.
How to start a Legit Online Business in Nigeria?
Apart from a great internet connection, the first thing you should carefully consider is a business name. Immediately after shortlisting a few names, check for their availability as a domain name. If it is, then register all the domain extensions and country-level extensions associated with it.
Thereafter, be sure to register your business with relevant authorities in Nigeria, such as the Corporate Affairs Commission (CAC) which is the government agency responsible for registering and managing the database of legitimate businesses in Nigeria.
Then it is also advisable to open a separate bank account for your business.
How to Promote Your Business Online
There are several ways of promoting your business online. But for those just starting out, I would suggest you go with content marketing. This is creating content (text, audio, video) around your products, services or industry and using these to market your business.
While creating texts/content for your products and services, you need to spend a good time researching the keywords that people will typically use to search for such products. These are the keywords that your search engine optimization (SEO) experts will use in your search engine optimisation or online advertising campaigns when the time comes.
As the popular saying goes, “don’t put all your eggs in one basket.” While promoting your business online, you must also continue to promote your business through other ways too.
What Are the Top 10 Legitimate Online Business Opportunities in Nigeria?
If you desire to be a business owner, here are my picks for the top 10 legitimate online business opportunities in Nigeria (in no particular order) you can explore. If I’ve not mentioned a legit online business available in Nigeria, let me know.
- Netcontacts
- Affiliate Marketing
- Blogging
- Vlogging
- Podcasting
- Web design/ web development
- Forum
- Directory
- Job board
- Consulting
- Coaching
Now let us explore them in detail.
1. NETCONTACTS BUSINESS
Discover Nigeria’s finest online business today. You Can Be Making Atleast ₦100k Monthly Legitimately With Your Phone And From Home
How it Works
You can join the business for Free, thereafter you activate your account with ₦1500 Only. The system automatically assigned an Invitation Code to your account once activated, and it’s at this point you start making money.
For Example:
- If you invite 1person ₦1500×1=₦1500
- If you invite 5person ₦1500×5=₦7,500
- If you invite 10 persons ₦1500×10=₦15,000 etc…
What You Need to Know:
It’s NOT a Ponzi Scheme or Investment site neither does it have a central account payment system. You’re not selling any product or services for NetContacts Nigeria. It’s a platform for Entrepreneurs to make money with no third party. The concept is that as an active membership, you get paid ₦1,500 for each person that you invite to join the business and all payments goes directly into your local bank account.
Is Netcontacts Nigeria Legitimate?
Yes it’s 100% Legit. You can do your personal research on Google to learn more about them and you’ll be amazed how people make cool cash.
- Click on this link to register https://netcontacts.com.ng/invitation?code=158748571158
- OR VISIT their website to learn more & to register: www.netcontacts.com.ng
Kindly use this Invitation Code during your registration: 158748571158 - Simple Strategies You Can be Using to Get People to Register https://www.netcontacts.com.ng/how-to-promote
With the above strategies you can be making atleast ₦100k Monthly from this business.
2. Affiliate Marketing
Affiliate marketing is a legit online business in Nigeria. Affiliate marketing is a commission-based arrangement where you receive a commission from merchants for sales or leads that you direct to their website.
When you sign up for an affiliate marketing opportunity with a merchant, you will get a unique link.
Using this unique tracking link, which you can place on your blog, email, social media or anywhere you like to direct interested persons to the merchant’s website.
You then get a referral commission for every time someone buys after clicking your link on social media or elsewhere.
In most cases, they will provide you with a dashboard where you can see details of all the sales, leads you’ve made for the merchant and your commission.
It’s advisable that you only market genuine products or services that you have used yourself.
Note that affiliate programs can use various types of payment terms. For example, in Pay per Sale terms, a product owner pays you a percentage of the sale price when the purchase is done.
A good example of affiliate marketing today is those in web hosting and domain name registration. The majority are affiliated with the bigger players in the industry. They earn income by selling the web hosting and domain name services of bigger players in the industry. Selling domain names can be lucrative if you are knowledgeable about the business.
3. Blogging
Blogging is another fantastic legit online business in Nigeria. A blog is an online diary or journal updated regularly in chronological order by a person or group that focuses on news or views.
The content of your blog does not have to be intimate. It can also be corporate, but the important thing is that you have to have a powerful passion for the topic you wish to blog about.
For your blog to thrive, you need to update it regularly with great content valuable to your blog visitors.
If you are fortunate, regular visitors to your blog may become subscribers. Subscribers will get notification of any recent updates to your blog. Subscribers can also share your blog with their friends on various social media platforms.
By growing your subscribers, you would create a community around your blog.
Once you’ve created a community around your blog, you can then start monetising your blog by displaying Google AdSense ads on your blog.
Or if you’re not interested in Google AdSense, you could use other customised solutions or plugins to sell ads directly.
You are wondering how to get started? You can use platforms such as Blogger, Tumblr, Medium or WordPress.
Be sure to register a unique domain name to use with your blog to make it more professional.
Some brands like Amazon, Commission Junction, Avantlink, pay a small percentage of sales for every product an affiliate brings in.
4. Vlogging
Vlogging is a new legit online business in Nigeria that has caught on, especially with the youths. What if you have a passion for a particular topic, but you’re not into writing? Don’t despair.
You can always do a vlog! A vlog is a blog in which the postings are primarily in video form.
In recent years, there has been an increase in video content and is very popular on social media.
What platforms can you use for your vlog? You can use YouTube, Vimeo, DailyMotion and even Facebook!
Yes, with the recent launch of Facebook TV, Facebook has shown their interest in catering to this niche of video content creators.
Once your vlog gets a lot of traffic and subscribers, then you can consider monetising it by placing online adverts.
5. Podcasting
But what if writing isn’t your thing, and you’re also camera shy and won’t be caught dead in a video? Then you can consider Podcasting.
Unlike vlogging, with podcasting, your gear needs to be your voice and a voice recorder.
What platforms can you use to host your podcast? You can use SoundCloud, LibSyn, PodBean and Amazon S3.
As with blogging, you need to be passionate about your podcast.
Remember your voice is now the primary focus and if you sound insecure or bored, nobody will listen to your podcasts.
You need to capture the attention of your audience through the passionate way you speak to your audience. Your podcast needs to provide value and be entertaining.
The mode of monetising your podcast is also similar to how you go about monetising a blog.
6. Web Design/Development
Web design and web development are some tried and tested legitimate online businesses in Nigeria.
According to this article, individuals like politicians, chieftains of corporate organizations and successful business people are now using online tools such as websites to promote their brands and personality. If you learn how to use common design tools and build excellent websites, you are in for pleasant business. To be successful, you need to know how to design professional websites, create web graphics, build web pages, and upload web pages to the server.
The two are interchangeable, but they are different.
Web design as the name implies is the design and graphic elements of a website that you see on the front-end.
Website development has to do with the transformation of the standard design of your website into a fully functional site through the use of PHP programming, Javascript, etc.
Most web development aspect focuses on the back-end of a website.
Another area related to web design and website development is app design/development because most people using mobile phones spend their time on apps.
7. Forum
A forum is an online discussion site where you can hold conversations around a particular topic with other community members in the form of posted messages.
If your forum becomes famous, you can monetise it by placing ads similar to how you monetise a blog. You can even convert it into a paid membership site.
It’s interesting to note that one of the most popular websites in Nigeria is a forum. It is substantial evidence that having a forum is a legitimate online business.
8. Directory
An online directory is a listing of information within niche based categories.
Your directory could be about products, services, or general business listings. You can monetise your list through the use of ads or paid placements.
Owning a niche directory where you can collect payment for listings or payment for placing ads on your site is another profitable legitimate online business in Nigeria.
9. Job Board
A job board is a website that specialises in employment or careers. You can also monetise your job board through the use of ads or paid memberships or job placements.
Regarding the actual development of your job board, you can use an off-the-shelf job board software or create a customised job board from scratch.
10. Consulting
As a consultant, instead of offering services, you offer advice and strategy so that your clients can become more active.
Using your website and social media channels, you can have a commanding online presence and build your brand.
11. Coaching
Whatever your passion, you can provide one-on-one coaching. As a coach, you offer your clients advice and guidance.
You help your clients set goals to improve their business and make them accountable for reaching those goals.
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