An online business that pays daily for students, women, and anyone who needs an extra source of income is available at your finger tips. These businesses are easy to start as long you have a smartphone or computer with an internet connection. With the availability of opportunities and tools to aid your success in the online space, you can spend less and gain so much more!
What’s even more appealing about these online businesses is that you don’t need a degree. Believe me when I tell you that a successful online business owner makes more money than many high-ranking civil servants in Nigeria.
Whether you are looking for an extra source of income or want to quit your 9-5 job, this article will help you decide and start a legit online business that pays daily.
Why Start an Online Business?
Here are some reasons why you should consider starting your own online business:
- Low startup costs – Starting an online business typically requires less money than a traditional brick-and-mortar business. This makes it a great option for entrepreneurs who may not have a lot of capital to invest.
- Flexibility – An online business can be run from anywhere, which means you have the freedom to work from home, a coffee shop, or even while traveling. This flexibility can be particularly appealing to entrepreneurs who value the ability to work on their own terms.
- Large potential customer base – The internet allows you to reach a global audience, which means you have the potential to reach far more customers than you would with a traditional business.
- Easy to scale – Because an online business is not limited by physical space, it can be relatively easy to scale up. This means that as your business grows, you can easily add new products or services without having to worry about running out of space.
- Better data and analytics – Running an online business allows you to easily track and analyze customer data, which can help you make informed decisions about your business. This can give you a competitive edge and help you grow your business more quickly.
Now, let’s get to know these businesses!
Legit Online Businesses that Pay Daily
Many online businesses pay daily; what you can do depends on the time and effort you are willing to invest in the business and, of course, the skill and capital to start.
Before we begin, would you like to know my top pick? Blogging. Why? Read on to find out.
Anyway, here is a list of online businesses that pay daily in Nigeria.
Become an Affiliate Marketer
This is an online business that pays daily in Nigeria without investment. An online business that pays for students. Also one of the best business ideas for ladies in Nigeria
Affiliate marketers make a lot of money recommending products to those who need them. And you can start without no money at all. All you need is a social media account.
All you need to start earning is learn how to start an affiliate marketing business to start earning. You can start affiliate marketing in Nigeria without a website. Just register with top companies to get your affiliate links and start promoting their products.
And every time someone buys a product through your unique link, you get paid a commission. It’s that simple.
To get high commissions in affiliate marketing, I recommend you join B2B affiliate marketing programs. These are companies that sell to other businesses. How do you find businesses that will buy through your affiliate links? LinkedIn!
Starting your affiliate marketing on LinkedIn is the best way to start earning commissions immediately. LinkedIn is a social media platform that was created specifically for businesses. I’m sure you are beginning to connect the dots here.
You should promote familiar products; if you have not used a product before, you should study its uses, benefits, quality, etc.
Do not try to suffocate people with your affiliate links; introduce the product and let them decide.
Some affiliate programs pay per click, which means they pay you once someone clicks on your unique link. While others only pay once a sale is made. Put this in mind when choosing an affiliate program.
Warning: Be honest in your dealings with the companies you are affiliated with, do not think you are being clever by sending fake traffic to their websites because these companies use affiliate fraud detection tools to detect fake traffic.
Start Freelancing
Freelancing is a profitable business idea that pays well if you have any digital skills.
To start a freelancing business, you must have at least one digital skill, such as graphic design, content writing, copywriting, web development, etc. There is no skill that is too small in the era we are in, and almost every skill has people who need it.
If you do not have a skill, you can learn one or two skills by taking an online course, and within a month or two, you can start making money selling these skills. This makes a freelancing business an ideal online business that pays for students.
As a content writer, you can make money writing articles for bloggers and business owners. You could also sell your content on platforms like Contentgather.com, where people go to buy and sell content. You can charge up to $0.05 per word for your content on contentgather.com. That’s about N37.5 per word; imagine writing a thousand words content that will fetch you N37,500. Now make it 2000 words of content, and boom! N75,000 just for a single article. Isn’t that great?
Copywriters can manage email campaigns for businesses. The demand for copywriters is high; with businesses eager to get their products and services out there, a copywriter who can write an effective campaign can make good money from this online business.
Graphic designers have multiple ways of making money online. They can design websites, photos, book covers, etc., for people needing these services. Even if you are not an expert in this field, there are tools, such as Canva, that you can use, which makes it easy to design almost everything without prior experience.
Freelancing is the perfect online business idea for ladies in Nigeria because of its flexibility. You can do this business even if you are a full-time housewife, a stay-at-home mum, or a student.
As a freelancer, you can sell your gigs on popular platforms like Fiverr, Upwork, and many other popular freelancing sites.
Start an Online Course
The online course business is getting recognized in many countries, Nigeria included. Since the Covid-19 pandemic, people have come to embrace online teaching/learning, and it looks like the method is here to stay even after the pandemic.
Yet another online business that pays daily. This is an excellent opportunity for those who can teach and those with good skills or knowledge.
You can teach almost anything you are good at, and it doesn’t have to be academic. You could teach blogging, e-commerce, social media management, marketing, and many other things.
All you need to do is to plan your lessons and then register with an online course platform to get started. Some of these online course platforms will help market your course to the right audience, so you can focus on creating/planning beautiful lessons. These platforms also allow you to set the price for your courses, which means you are in total control of how much you make per student.
You could also teach and market your course through social media like Facebook, LinkedIn, or WhatsApp. Many course creators are making a lot of money using these platforms.
So instead of working for others with your skills, you could sell them to those willing to learn. And many people are making money with this online business in Nigeria.
Publish on Amazon
Yes, I’m talking about Amazon Kindle Direct Publishing. People are making a lot of money on the Amazon KDP. You can write about anything you are good at. So you could write a book about anything you have knowledge of instead of creating an online course or working for someone else.
This is another online business that pays daily in Nigeria without investment. That’s right, and you don’t need to spend a kobo, to publish on Amazon; it is totally free. All you need to start making money is good writing skills.
It is important that you use MS Word to write and format your book, and make sure that you follow the book format accepted by Amazon. Yes, there are formats they don’t accept, so it’s important that you know how many book formats there are and how to format it.
Make sure your book is optimized for search engines. Yes, book publishing also requires SEO. Write about a topic that people are searching for. This is so people can find it when they search on Google and other search engines. To avoid making mistakes, research more on how to publish on Amazon.
After publishing, you need to start marketing your book. Advertise on Facebook, LinkedIn, Twitter, Instagram, and other social media platforms. And you will start making money as soon as people start buying.
Start a Blogging Business
An online business that pays in dollars!
The power of blogging can never be overemphasized. Blogging is an all-in-one online business because it requires some set of skills to operate the business. Bloggers make a lot of money selling different products and services.
Blogging is the best online business that pays daily. A blogger can make money online through affiliate marketing, advertising, and selling services such as content writing, web design, etc. I can go on and on.
Blogging is so easy that you could just upload music audios and still earb some cool cash. Yes, many music bloggers use YouTube to MP3 converters to convert videos on YouTube to MP3.
Before you start a blogging business, you must pick a niche. This is the topic you are going to write about. Your niche can be single or multiple, but I advise you to go for a single niche as it is easier to manage and rank on Google.
Many people would tell you to blog about things you are passionate about, but the truth is, your passion will not put food on your table. People no longer blog as a passion; blogging is a full-time business now. So go for a niche that is selling at the moment. Something people are searching for.
There is a lot you should know before starting a blog, so read my post on how to start a profitable blog to get a full explanation of the business.
Now, how does blogging pay?
Get affiliate links from big companies to insert in your content. This means you recommend their products to your readers, and you’ll get a commission each time someone makes a purchase. Easy, right?
Sell banner space. Companies can place banner advertisements on your website and pay you for that.
Sell your services to your visitors. For example, some visitors may like the design of your website and ask for your service to design theirs. You can sell pretty much every skill you have. The opportunities here are endless.
Blogging is also one of the excellent business ideas for ladies in Nigeria because it is a work-from-home kind of business you can start with little capital.
To get started, you only need to buy a domain name and hosting from one of the popular hosting companies. Companies like HostGator offer a free domain when you buy a hosting plan.
Start a Dropshipping Business
Dropshipping is an online business that pays daily with little to no investment. You only need to create an online store where you can display your products, well, technically, someone else’s products.
The products are not your own, only the website is. You negotiate with suppliers to display their products on your website. And when people place their orders, you forward them to these suppliers and they will deliver to them.
Now, how do you make money dropshipping? In dropshipping, you are allowed to set your price. Pay the suppliers the actual price of the products and keep the extra. Awesome! Right?
Usually, you get these products at a wholesale price, this way you make a lot of money on the products you sell.
This makes dropshipping one of the best online businesseses for ladies and students. Even if you don’t have any experience. There are articles online that will teach you how to start a dropshipping business from scratch.
To get started, you have to pick a niche. What kind of products do you want to sell? Tech or clothing? Whatever niche you choose, you have to make sure that people need these products and are willing to buy them. You don’t want to display products that are not in demand, you will end up selling nothing.
Start a Podcast Business
The podcasting business has become popular in Nigeria in recent years. Many individuals have found success in podcasting.
Podcasts can be either audio or video files in a series that can be downloaded and listened to whenever the listener chooses. Usually, you can get them by subscribing, and then you can get the latest episodes right away when they come out.
Like most online businesses, you need to decide on a niche for your podcast. What topic do you want to discuss in your podcast? Business, Entertainment, sport? Do you want to conduct interviews? Discuss recent events? or narrate stories? Whatever it is, it should be something you have an experience in. You could niche it down further, like, focusing only on football in the sports niche.
It is also important to have a defined audience. Who are your audience? What would they like to listen to?
To get started, you need podcasting equipment such as a good microphone, headphones, and recording software. You’ll also need a website to save the podcast files online. You may find a wide variety of free recording software online. If you’re on a tight budget, you might want to consider using the Anchor app.
It is possible to record podcast episodes on a computer or a digital recorder. If you’re just getting started, we recommend using a computer. A microphone and a pair of headphones are all you need to start recording a podcast on a computer.
Now, how do you make money podcasting? Remember, one has to subscribe before one can listen to or download your podcast episodes.
Marketing your podcast may be done in many different ways. You can promote your podcast on social media, connect with local bloggers and influencers, etc. You can also distribute your podcast on prominent platforms like iTunes, TuneIn, Spotify, Google Play Music, and others.
Read more on how to start and grow your podcast business.
Start E-commerce Business
Nigeria is a great market for e-commerce and building a profitable e-commerce business is not that hard. E-commerce is the online buying and selling of goods and services. It has grown in popularity since more and more individuals have started doing their shopping online.
To get started, you must first choose the products or services you want to sell. Branded T-shirts, Phones, Laptops, Power banks, Web Design, Social media management, and other products and services.
Then build a website or online store where you can advertise your goods and services. Here, prospective clients can find out more about your business and make purchases. You can build a website by purchasing a domain from one of the popular web hosting companies with reliable uptime or create an online store on platforms such as AliDropship, Woocommerce, Wix, etc.
The products are yours, so you are at liberty to set their price. Just don’t overdo it, otherwise, people will leave you for a cheaper price. Worst Case scenario, you sell one product a day, which is less likely if you promote your business well. You could also sell other people’s products and get a commission for them.
If you are completely new to the e-commerce business, my Top Tips for Starting an E-Commerce Business and Generating Sales will help you get started.
Start a YouTube Chrannel
It’s safe to say that almost everyone on the planet has watched at least one video on YouTube. In terms of traffic, it’s only surpassed by Google, but it’s still a major player.
Just like blogging, you make money with your YouTube channel through ads. Google Adsense will place ads on your videos and you get paid each time someone watches the ads. You could also advertise affiliate products to get a commission, the same as affiliate marketing.
The videos your upload may not necessarily be yours, it could be any video such as funny videos from TikTok and other platforms. But be sure to use good video editing software to edit it to avoid copyright issues. You can also put together short videos to make a longer one.
YouTube channel is another online business that pays daily without investment. You do not need to spend money to start this business. Just a computer and an internet connection are enough.
Choose a niche. Remote jobs, online business, comedy, movies, Tv shows, etc. Don’t go for more than one niche because creating these videos can be exhausting.
You can make a lot of money on YouTube if you dedicate your time to promoting your channel. You can promote on social media platforms like Facebook, LinkedIn, Twitter, and other advertising platforms.
Invest in Cryptocurrency
Last but not least, an online business that pays daily is a cryptocurrency investment. This online business is a bit risky though.
“Cryptocurrency” refers to any digital currency backed by cryptographic hashing algorithms. This is the money of the internet, as people like to call it.
To make a profit in this business, you need to buy it when the price is low and sell it when it goes high. Simple as that. Some people tend to do the opposite of FOMO (Fear Of Missing Out). When they see a token price going up and up and up, they buy because they also want a share of the profit. But unfortunately for them, the price crashes after they bought it. Thereby buying high and selling low, thus losing their money.
You should buy it when the price is very low. And then sell when it is high. Do not be greedy though, take profit when it is up, don’t say until it gives you enough money to take you out of poverty, you may end up losing instead.
Before investing in any cryptocurrency, make sure you do your own research (DYOR) on the project. Some are not worth your investment.
I remember when I started, my mentor made me buy a lot of tokens, claiming they will surge. I lost all the money I invested in these tokens. So I decided I have had enough. I did my own research and invested in a new token I thought had potential and boom! $2 became $500, but I was patient. Yes, cryptocurrency is a game of patience. You have to hold for a long time to gain profit.
As a beginner with little money to invest, I suggest you go for new tokens with very low prices. Do not go for coins like Bitcoin, Ethereum, or BNB, simply because they are popular, you won’t survive. Unless, of course, you invest a fortune.
Conclusion
Whatever online business you choose to start, make sure you are solving people’s problems. It is the only way people will patronize you. Plan everything out before you start. A defined audience, a computer or a smartphone (depending on the business), a good marketing strategy, and of course, the capital to start. All these will help you succeed in your online business that pays daily.
