In a world where things are quite difficult, jobs are difficult to get despite your qualifications, those with jobs complain of low or no money, they do not have savings and they still eat less and dress less. Quite a number of people have decided that they cannot continue living in the same cycle and they need something that works.
Due to the rising popularity of internet fraud these days, a lot of people are very sceptical about what investments to get involved in, and which online businesses can they risk and join. One good thing about the year 2020, the year of the corona is that a lot of online businesses became so clear and lucrative to people and the fear of online businesses is reducing.
However, a few people are still scared of legit online business opportunities and this is why I will be giving you a few tips on legit businesses you can start this year, thanks to the internet. Some of these businesses are the ones you have heard about before.
10 Legit Ways to Make Money Online
1. Affiliate Marketing
Affiliate marketing is a type of marketing that involves marketing and selling products and services for a particular person, trader, or organization and getting paid commissions. For this to work, you will need to sign up with a particular organization or trader and you will be given a unique link.
After getting this link, you will find a way to market the products and services and give the unique link to potential buyers.
For every person that buys from the people you market for using your unique link, you get a referral commission. It is advisable that you can vouch for the people or organizations that you are an affiliate marketer for, apart from the fact that you can trust their products and services, you have first-hand knowledge that can be a plus to your audience. They are several trusted affiliate marketing programs you can join and make your cash online.
Vlogging is one interesting online business that is spreading like fire among Nigerians these days. Gone are those days when people feel like since they can’t write there is nothing else they can do.
With the emergence of vlogging, video contents are now in demand everywhere. This means that you can do your business without worrying about if you are writing the right thing. Why write when you can speak and act it out, right?
Vlogging is another way of saying video blogging. It is very lucrative and very popular. You can use YouTube, Vimeo, or Facebook Tv for your vlog. Start by creating great content that will attract people to your vlog and you can monetize it from there.
3. Online Teaching
Online teaching is also good business, you can even go right ahead and create courses on your area of expertise. All you need to do is to create short videos on topics that you will like to teach and upload them on teaching platforms.
These platforms pay you for every student that enrols in your course. You can pass knowledge and still make money at the same time. Platforms like Udemy, Skillshare, Alison, and others like them are good places to start.
Freelancers make so much from freelancing alone. The good part is that you can freelance and still have a side job at the same time. You can be a freelance writer, photographer, graphics designer, and still do other things. It also gives you the opportunity to be employed by no one but everyone at the same time, which means you get to choose who your clients are.
5. Professional Blogging
Blogging is a legit online business that is lucrative. Over the past few years, blogging has risen to be one of the best ways to make money. You can decide how you will create your content and if it will be a personal blog or a professional one. You should make sure that the details of your blog contents are so captivating that they bring traffic to your blog.
With great content, you can get subscribers who are willing to come every other day to see what you have posted. You can also monetize your blog by displaying google AdSense or becoming an affiliate marketer for brands like Amazon, Jumia, Avantlink, etc.
You can also consider podcasting if you are not thrilled with the idea of writing or making video content. For your podcast, all you need is your voice and voice recording equipment. Once you are done recording, you can use SoundCloud and other platforms like it to host your podcast. Make sure that the contents of your podcast are really engaging and captivating so that it can keep bringing people to listen.
You can monetize your podcast by advertising for people and brands. Podcasting requires consistency and you must be ready to give it if you plan on making money from it.
7. Social Media Management
Managing social media accounts for people and groups is also a good way of making cool money online. You do not even need to work from an office space, as long as you have access to social media platforms, all transactions can be finalized and your job is set.
Social media management means that you make sure that the social media accounts( Facebook, Instagram….) you are managing get enough traffic, engagements and good contents go out every other day. To be very fluent in this, you can get yourself very good digital marketing courses required for a social media manager and you are good.
8. Web Designing
Web designing is also very legit and lucrative. Making websites for people entails designing professional websites, creating web graphics, building a d uploading web pages to the server. You can also learn app design and development, this is also very lucrative.
9. Drop Shipping
Dropshipping is a type of retail online store where instead of inventory, you run your store by ordering products from your supplier. You can post different products and then send the list to your supplier who then sends you the products that have been ordered. Over the years, dropshipping has become even more popular, and it is proving to generate a lot of money. This is another legit lucrative business you can do.
E-commerce is also known as electronic commerce or internet commerce. This is the buying and selling of goods and services online and also sending and receiving money through the execution of these projects. This allows you to sell and buy goods using the internet and still pay and receive payment at the same time.
This means that all you have to do is to set up shop or office online and work from the comfort of your home. You can choose to sell actual products like clothes, shoes, wears, accessories, or services like writing, graphics designing, etc. All of which can be done and completed online.
Online businesses are very lucrative and if you do them the right way, they can pay you better than any other normal business can. As you can see, a lot of them solve paramount problems that any human might have which means that you can never run out of business. They can even be started with affordable capital and there is space for an upgrade.