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Tuesday, 2 June 2020

8 Ways To Make Money Online In 2020


The good book says that ‘money answers all things’.
This is true.
Even those who claim fallaciously that money is the root of all evil will eventually admit after viewing life practically, that they cannot do anything, especially when you live in an urban area, without money.
Money is an instrument to be used and everyone needs some including the much talked about Nigerian youth. With the fast decline of respectable paying jobs in Nigeria, some of the ways you can make money in Nigeria are:
Sell on social media:
When it comes to selling, weighing demand and supply matters, there are some things that people will always need. Things like food, clothing, and shelter will always have a demand in the market.
Due to the recession in Nigeria, people are cutting down on a lot of things, but will not cut back on some essentials. When you discover one of these things and sell at a bargain, you can advertise this bargain on social media and get profit.  The online market is large and worldwide. Your capacity is the only factor that can limit you.
Creating content:
With the expansion of a large number of companies using the internet space, many companies are on the lookout for great content. The larger numbers of people who get turnover online are people who are using content marketing to improve their business and so there is a growing need for content creators, it will continue to be on the increase.
Social media marketing:
Social media marketing is one of the fastest-growing sectors in the new media world. If you get an opportunity to learn the skills needed for this job, you should jump at it. It is only going to keep getting better in this job sector. Social media marketing is targeted sales being executed for small businesses or large scale companies.
Teaching online
If you have any skills you are knowledgeable in, you can create a course online to teach this skill to others. The technique is simple, make a video of this course and sell online. Remarket the video ever month and make consistent sales. Connect a payment platform to the course and you are set to make money using social media continuously.
Ebook sales
To create an ebook, find something you are good at, and adds value to society. Then write an ebook. Build a following online. Put up little titbits of information daily and start advertising using content creation and you are off to start making daily ebook sales. Format and upload on Amazon and make sales from Amazon.
Sponsored posts
If you have a blog or website, you can do a sponsored post in your niche. This is usually a targeted audience. This gives the advertiser access to our audience who must like and need his products or know someone who does.
If what you have is a gossip or celebrity news site, you can do sponsored posts in any niche. A sponsored post is when you write a blog post about the product or place you want to create awareness on.
YouTube
Start a YouTube channel that is interesting and full of lifestyle tips and relatively normal stuff that is entertaining and educative for the viewer. The viewer’s usually like a channel they can identify with, which is also interesting.
When you get over a thousand subscribers and people who have viewed your channel for more than 4 hours watch time, Google monetizes your channel. This means that Google starts paying you for the content being consumed.
Subscription-based website
If you have a website that teaches a relevant skill, you can lock the website and have the viewer pay a monthly or yearly fee to have access to valuable content. The content has to add tremendous value to their lives, which they don’t want to live without. Most websites start out free so that users get used to them or they give users 30 days free to determine if they love the website enough to pay for it. They also have the option to decline. 

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