7 Highly paying Online Businesses with Low Startup Capital: The rapid rise and use of the internet has made available several online business opportunities. Many persons make use of the internet for various purposes, some for fun, some for advertisements, others for promotions and so on.
Many persons are yet to discover online business opportunities available to them that would turn their lives around. The purpose of this post is to identify 7 online business opportunities available to an individual. They include:
This is one of the available online business opportunities. While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own using tools like Adobe Illustrator and Photoshop.
But before you can start earning a living as a graphic designer, you’ll need to build your skills recommend and be creative in all your designs.
I recommend showcasing your design skills on platforms such as Instagram and Facebook to earn a good customer base
Freelance Content Development / Ghost Writer
Setting yourself up as a freelance content development could prove to be a side-hustle or maybe even a full-time job. Companies in Nigeria such as media agencies, blogs and startups will pay big time for someone who can write a clean copy of contents, whether it’s for advertisements, websites or blogs.
Some will even pay you for your editing services. However, consider how much work it takes to make freelancing work your full-time gig.
In fact, to make this more real to you; you are probably ready from a ghost writer who get paid to teach you via this platforms. But it is also recommended to go for any of the paying Online Businesses that you can scale through in.
Social Media / Influencer Marketing
Instagram, Snapchat, YouTube, Twitter and Facebook – Social Media is the Next Big Thing. These are platforms where Nigerians are making a load of cash just by sharing engaging contents and building a loyal followers list.
This is a business idea you also need to venture into if you are crazy about social media. Build up a following on any of this platform and you could quickly be approached by major brands, gear companies, and other relevant businesses that sell products or services related to the type of content you share.
If you have hundreds of thousands of followers, you can easily charge anywhere between 15,000 – 50,000 Naira per post or more—which makes for a very profitable side business idea.
Web Design and Development
As a web designer or developer, you’ll build incredibly valuable skills that are in extremely high demand in the Nigeria market. You can get up to speed on building websites in as little as a few weeks by using a free tool like WordPress.
Aside from having the opportunity to work on your own schedule, you can make as much as 50,000 – 250,000 Naira per website project. If you looking to greatly improve your web development skills, Andela is a great place for you to start and acquire the knowledge you need.
But aise that, one of our partners once shared how he become a web developer learning through Youtube alone.
- Starting a Blog or Vlog
Think blogging is no longer a viable source of income? Think again. Tens of thousands of bloggers, creating content on topics as diverse as cooking, fashion, gossip, news, travel, film, and lifestyle. Starting a blog/vlog with a particular niche and focus on a particular set of individuals is a lucrative business idea with great potentials. Your first step is sharpening your writing abilities, understanding what your audience craves and learning how to write a blog post that drives traffic and brings you readers on a regular basis.
Last month, we designed a manual and comprehensive guide for aspiring bloggers who intend to master the art of creating and making money from the comfort of their homes as bloggers.
- Digital Marketing Agency
A digital marketing agency is different from your traditional marketing agency in that they are typically focused on results-based marketing in the digital world. Measurable marketing and ROI is the name of the game. There are lots of average digital marketing agencies in Nigeria right now. Starting your own digital marketing agency does not require much capital all that is needed is the digital skills and experience to drive result for your customers.
- Drop Shipping
This is a form of business that you can start with a very low capital. What you need is your laptop or smartphone, internet data, and your social media platforms e.g. Facebook, Twitter, Snapchat etc. (which could serve as your online shop)
This is a lucrative business idea that has made millions of naira. The secret of the business is identifying and knowing what the people need at the particular moment and knowing where and how to source for those items (AliExpress is a good place to start drop shipping business in Nigeria).
Should these be All?
I guess not. When you saw 7 Highly paying Online Businesses with Low Startup Capital, we did not intend to mean that you can’t get more out there. You can also add your on the comment section below, share and criticize, if there is any need to.