
Don’t start 2023 without reading this! Recall that last year a lot of people complained about seeing “shege”. Avoid “premium shege” in 2023, find ways to get online jobs to increase your income.
Making money online involves using the internet to reach people who are interested in something, a product or service you provide and they will pay you.
Online aka the internet is simply the medium.
So, below is my list of 7 Legitimate, Effective and Practical Ways You Can Use to Make Money Online in 2023.
Read through each part carefully and choose the one that fits you.
- E-Commerce: Mini Importation
Mini-importation business is a simple business model where someone (YOU) buys a product from overseas at a cheap price and re-sells it at a higher price for profit.
E-commerce is all about 3 things:
(1) Searching for physical products that solve problems for people or help them get closer to their desires.
You can source these products here in Nigeria or import them.
(2) Buying the products at the lowest cost possible, importing them to Nigeria.
(3) And using a genius marketing method to sell them for a good return on Investment (ROI).
If you are going to run with this business model, make sure you do not run it like a lot of people.
Run it as a proper business.
Start with a huge and profitable audience/market. E.g. Fitness, babies (Moms), Women’s fashion, Skin care
Look for challenges people have in that market
Find products on Aliexpress that solve those challenges – In fact, you will even come across many products on Aliexpress that fix challenges you do not know about.
Buy the products for the lowest cost you can find (You may have to use an agent or other sites for this)
E.g. Some products that sell for N$2 a piece can be gotten from 1688.com for far lesser
Create a marketing system that allows you to pull in people who are interested in the type of products you are importing. You can advertise using Facebook, Instagram, Youtube, Google, Blogs.
Sell to them; sell to them repeatedly.
If you decide to take this to another level, you might even create a brand name and find companies that can help you create products with your brand name printed on them.
But you don’t have to start with that.
You can start importing with at least N50,000 or even lower.
“However the most important factor is for you to ONLY import products that people really want to buy.”
It is not advisable to import products until you have advertised it and gotten proof that it is a product that will sell.
Mini Importation requires a capital of at least N20,000 to get it started.
If you want to go with this online model, please get 10X Ecommerce Secrets Book
- Dropshipping
Drop shipping simply is buying a product from a third party (supplier) and shipping the product directly to your customer.
When a customer purchases from your store, you are purchasing the item directly from a third party(supplier), the supplier then fulfils the order directly to your customer, which means that you never see the physical product but still make a profit.
If you’re comparing the dropshipping and mini-importation, you might’ve noticed a Huge difference!
The benefits of this dropshipping over mini-importation includes:
- It’s easy to do! (That is if you use the right tool and listen to the right people)
- No Logistics issue
- No need to have inventory
- No need to worry about getting the products beforehand
- Less Capital Is Required
- Easy to Scale
- Affiliate Marketing
Affiliate marketing is an income model where you make money by selling someone else’s product for a commission.
Basically, you get a link that recognizes you brought the visitor and when they buy, you get a cut which can be anything from 5% to as high as 90%.
It is a really effective way for complete newbies to make good money online.
The main thing is to get sales for the product you are promoting and you get paid a commission for it.
This is what companies like Amazon, Alibaba, Airbnb, and Uber, etc do. I can keep counting them so you can also see the potential of making a whole lot of money too!
Anyway, If you are interested in this business model, you can get started simply by going to expertnaire.com to sign up as an affiliate
However, if you really want to succeed big with this, like all things I will advise that you follow the guidance of an experienced person. In this case, I am going to recommend Toyin Omotosho’s 72IG WhatsApp Income Blueprint + Implementation Program for you
- Freelancing/Consulting
This is where you provide skilled tasks to businesses and entrepreneurs.
Online Freelancing is probably the best way you can use to start making money online without any capital.
That is because all you are doing is helping our businesses and individuals with certain tasks like:
- Article writing
- Social media posting, advertising and management
- Audio/video transcribe
- Translations
- Graphics design
- Web design
- Voice over
- Etc
All you need is a skill in a particular area or subject – graphic design, social media marketing, copywriting, sales.
And you can quickly learn many of these skills.
Business owners buy these services like clockwork.
All you have to do is to go to one of the online marketplaces where you can get these jobs.
The most popular one is known as Fiverr.com
Fiverr is the world’s largest online freelance services marketplace that connects businesses with online freelancers. Others are http://www.99designs.com and http://www.UpWork.com.
On these sites, you can sell skills ranging from graphic design to writing, to social media marketing to copywriting to programming to sales, etc.
It’s incredible what you can do on these sites. Check them out.
By the way, if this is what you want to do, my advice is that you get the guidance of someone who has been doing this for sometime.
The best program about online freelancing that I can vouch for right now is this one called Freelance Money Pot by Ajeigbe Moruf
- Information Publishing
Information publishing is a business model where you publish and market information on a topic that people are looking to learn/master.
You can publish step by step guides/courses on virtually any topic as long you are a master at it and people have an interest in it and are ready to pay for it.
The topics can be on money, relationships, business, travel, education, health, food, jobs, etc.
It’s a really neat way to make money.
You can deliver the information products digitally or physically or in person.
Information publishing is a really big business.
There are 3 major steps to it.
(1) Start by deciding on a topic that people will buy.
(2) Package or Create the information into a product.
(3) Create a System to market the information product.
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You can also sell information in various formats:
– You can sell it as a simple ebook in PDF format.
– You can sell it as a video
– You can sell it as a full blown course
– You can sell it as an audio
– You can sell it as a webinar, seminar or Teleseminar
– You can sell it as coaching
– You can even sell it as a membership content.
If this is what you like, you should look at Adonike Sylvester’s Digital Course Creation Blueprint. program.
- Health Products Marketing
You should already know what this is about from the name.
This is about marketing health products that help people manage their health or get better.
And it is a big money maker because people value their health a lot.
Think about it.
Most problems can be managed but when that problem is a serious health issue, people have to focus their attention on it and spend as much money to get rid of it.
Because of this, I approach this business differently because it is sensitive.
We are dealing with human lives here.
So, it is important that you only market products that are safe.
This is not about selling pharmaceutical drugs.
Only licensed people can do that.
This is about selling the alternatives.
I am talking about alternative health products like supplements, tea, herbal products etc
Examples of hot health markets are:
– Fertility (men and women)
– Sexual health
– Vision
– Prostate
– High blood pressure
– Weight/fat loss
– Weight gain
– Heart related issues
– Etc
The list is endless.
Here is How the Business Works:
(1) You pick a health challenge that people have
(2) You find a product that solves the problem or makes it better (Make sure the product is very effective and safe)
(3) You market the product.
(4) You market other helpful related products.
Sometimes, number 2 might happen first.
You might come across a really good product that works.
And you decide to market it.
How Do You Get Products to Sell?
There are 3 ways I know of to get health products you can market.
That is if you are not producing them yourself.
The 3 steps are:
(1) Join a network marketing company with great products.
Products from network marketing companies are usually on the high side unless you are a top distributor. That is why it is a good idea for you to try and move up as fast as possible so that you can be getting the products at lower cost. Some reputable examples of these companies are Oriflame, Longrich,etc.
(2) Become a distributor of a local health company:
There are many Nigerian companies that produce very effective and NAFDAC registered health products but do not know how to market them.
I do not have a system for finding such companies.
But if you come across any effective health product that is produced by a Nigerian company, contact that company and let them know that you want to help them market their products so that they can sell to you at a lower cost.
(3) Import them from Overseas
This leads us back to Business model No. 4
You can also import health products from overseas if they are very effective.
The problem here though is that you won’t be able to import a lot because most of these products are not NAFDAC registered (unless you want to register them yourself)
Another problem is to be sure that the products are safe to use.
CONCLUSION:
I have now provided you with 5 little known businesses that can put a lot of money in your pocket this year if you act on them.
All you have to do is get started with at least one of them.
Of course, this series is not a full training on all these businesses.
The idea is for you to choose the one that you can run with, get more information about it and get started.
You can do this! I believe in you!
SPECIAL NOTE:
“The Real Truth About Ending Money Worries”
Sometime ago, after reading a book, I discovered a powerful truth that changed my life.
I found out that the ONLY way to truly end money worries is by understanding and knowing what to do to attract more money into your life anytime.
It is called turning yourself into a cash machine.
And to people who had this skill are referred to as “Live Breathing Cash Machines”
Or LBCM for short.
If you take away all the money, resources, network and everything an LBCM has today, just give him anything from 1-3 months and he will be back with more cash.
That is because as long as he is still breathing, he knows what to do to generate cash on demand.
When I discovered this truth, I set out to turn myself into ONE.
Many people struggle and worry about money throughout their lives because they do not understand this truth.
And that is why I want youto read this 100 paged book that anyone could read and know what to do to get started with turning themselves into a Live Breathing Cash Machine
It is actually titled:
“How to Turn Yourself Into a
Live Breathing Cash Machine”
There used to be printed copies of the book but there haven’t been any new printed copy recently but the digital copy is available and I want you to read it over and over again because I believe it will touch something in you and change your life.
A lot of people, including myself, have read the book and all they could say is how life changing it is.
Some people even bought copies for their friends and families.
I wish you success in all your endeavour this year.
If you have questions, I’d be glad to answer them.
Which do you think you can take up this year? I’d love to hear your thoughts in the comment section. If you also have suggestions that people can take up, feel free to also bring it up.
If you enjoyed this post, please like, comment, subscribe and share.
Hey,
This is an amazing post. Let me see if I have the key take aways of your post:
Make money online involves using the internet to reach people who are interested in something, a product or service you provide and they will pay you . Mini-importation business is a simple business model where someone (YOU) buys a product from overseas at a cheap price and re-sells it at a higher price for profit .
Let me know if I missed the key points.
Thanks
Curt
TrafficLinkr.com
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I’m glad you like it. You got the gist of the post.
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Here’s the link to the article I was referring to:
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Hi,
Great read and definitely agree. Affiliate marketing is one of my favorites but for all those stay at home moms and dads, I always recommend starting out with some sort of freelancing.
Translation and transcribing are great as it doesn’t take very much capitol and depending on what platform one is using, micro jobs can really start to add up.
Thanks again. Take care.
Jay
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I’m really glad you liked this. Translation and transcribing usually require you to know more than one language. That is a big downside to it. Asides that though, it’s a very nice way to earn.
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Good point on translation. Guess I just know a lot of people that know more than one language. Again I enjoyed your post and I’ll be happy to share.
Have a great one.
Jay
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