Online Business

Ten online businesses that can fetch you good money – Daily Sun

Summary

By Kate Halim

No thanks to the COVID-19 pandemic with resulted in lockdown in Nigeria, a lot of offline/physical businesses were forced to shut down. Some smart Nigerians quickly embraced the online space to enable them still stay in business while others had to pivot to keep earning. A successful business person can easily adapt to changes.

According to Olufunke Temiye Olushola, a social media marketing and sale…….

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By Kate Halim

No thanks to the COVID-19 pandemic with resulted in lockdown in Nigeria, a lot of offline/physical businesses were forced to shut down. Some smart Nigerians quickly embraced the online space to enable them still stay in business while others had to pivot to keep earning. A successful business person can easily adapt to changes.

According to Olufunke Temiye Olushola, a social media marketing and sales expert, the online space has become the best thing to have happened to some businesses.

Olushola told Saturday Sun that to start an online business in Nigeria and profit from it, people should consider some basic things. These things include a good laptop or smartphone, a good internet access, a skill (on any business model of choice), some capital (even though some are free), as well as your consistency and dedication. In the words of Olushola, below are ten lucrative online businesses you can start and sustain with the right skill and attitude online.

ONE: DROP-SHIPPING

This is one business you don’t need to start with money. All you need to do is promote another person’s product for small or massive revenue without having to cope with the delivery. So mainly, you might be acting like a dealer or a middleman. The essential principle of drop-shipping is, you create a retailer shop or any channel where people can easily see and buy the products from you. As soon as they purchase one thing from you, you pay the producer, often for a lot much less than what you bought it for. After that, the producer will ship it to the shopper. You do all this without having any physical contact with the product or buyer.

TWO: VIRTUAL ASSISTANT

Do you know there are thousands of high-profile busy individual, small or medium business who need help with managing their social media account? You can earn up to N30,000 for managing one single account. All you need to do is to acquire the necessary digital marketing skills to help you succeed.

THREE: AFFILIATE MARKETING

Affiliate marketing is an ideal way to make more money and start a business without leaving the comfort of your home. It doesn’t require much money to get started, and you don’t need to have your produce, stock or ship product inventory, or deliver a service. </…….

Source: https://www.sunnewsonline.com/ten-online-businesses-that-can-fetch-you-good-money/