On This Post You Will Learn 14 Different Way To Make Money Online
We are currently in a digital world and everything is going digital, make money online can also be digital. In this jet age of ours – internet seems to be the only key that has unlocked most mystery. People who were able to predict today’s internet gauge has far back taken advantage of it and are all reaping the profitable fruit they sow.
What can we do, the option we have now is to join in harnessing the good fruit – so we can get out part of the cake. We can do this by embracing the internet and start making money from it. As long as the number of internet users increase geometrically there is no limit to what we can achieve in a short while.
There various ways we can make money via the internet. But first you must understand that making money online is not a difficult task as many have prejudiced it, rather it’s guided by various principles which must be adhered to before one can make big bucks from it.
On this article we shall look at different types of web applications from which we can make unlimited income and keep smiling to the bank.
14 Ways To Make Money Online
1. Start up a Discussion Forum
Discussion forum or message board is an online discussion site where people can hold conversations in the form of posted messages. The success of this kind of website is highly determined by the members contributions to discussions. If the site users are well engaged in discussions on the forum – it will make the forum interesting enough and even attract more members who will like to get involved in the discussion.
On a discussion forum, the admin (owner) maps out strategies on the dynamics of the forum, thereby creating categories and sub-categories on the site, while the users (members) are responsible for posts on different categories and sub-categories as a form of discussion. Apart from creating categories, the admin can also can assign moderating roles to some members to manage each category discussion as moderators.
Building traffic on a discussion forum can be quite difficult at first, this is because no one wants to join a discussion forum which has little or no member. But if you succeed count yourself lucky forever – you will only have little job to do, while your members will do the rest jobs. To drive huge to your forum you will have make use of social media to invite people to your forum. this will be easy for those who already has lots of follower and are active on different social media platforms.
The leading discussion forums in Nigeria is Nairaland.
There are several free open source web applications that can be used to develop a discussion forum, which is also called a community site or a message board. Applications like; phpBB, Simple Machine Forum (SMF) (used by Nairaland), bbPress and Vanilla are perfect for easy development of a discussion forum with Zero coding knowledge. You may also choose an amazing Forum Script to buy here to develop your forum.
Making money from a forum site can be mainly via; AdSense, Direct Advertising, Affiliate Marketing and Sponsored Discussion.
2. Create Your Own Social Network
A social Network is an online platform used by people to build a kind of network or social relationship with other people who shares similar or personal interests or even real-life connections.
Just like Facebook and Twitter, you can also be a proud owner of a social network.
Every social networks are members oriented. if you can figure out a method to attract members, then your social network site will be the talk of the town.
You can pay a web developer to develop your own social network based on your customization or you can save more by using web scripts like; Dolphin, pH7CMS, Oxwall, or Elgg. You may choose to buy an already developed Social Network Script here to easily start up your Social Network.
The owner of a social network can build strong revenue from; AdSense, Direct Advertising and Member Upgrade Fee.
3. Consider building a Classified website
Classified website is a business marketplace where users sell or advertise their products and services to other users who are looking for the same products or services. All product advertisements are in form of posts and should require approval to avoid spamming. A big challenge you will have owning a classified site is spam issues from members and fraudsters.
As a result of this, you may have to approve each post individually with full scrutiny. This will give you a bulky job to do, you will also consider employing people to assist you once your classified business starts growing bigger. This type of site is still rocking very high in Nigeria and still has lots of potential in it.
Web apps like OSClass and Yclas are perfect for easy development of a classified website, you can also purchase a classified script here for a price less than $50. Most admired classified sites in Nigeria are OLX and Efritin.com.
Good money can be made from classified website on different avenues ranging from; Featured posts, AdSense, Direct Advertising and Member’s Permission.
4. Own an Online Store (eCommerce)
An online Store is an eCommerce business that allows the buying of goods online, this web platform allows users to make purchase via online payment or delivery payment. You mustn’t own a warehouse of goods to own an online store. All you need to do is to advertise for certain producers or marketers and get commission on sales or rather buy in wholesale and sell in unit.
You must not sell lots of products the way the big online stores do, all you need to do is to focus on a particular product i.e. Wines, Underwear or Cosmetics – then with time you may expand you store with more products.
What matters most in an online store is trust, your customers must trust you especially in pricing and quality of goods you sell to them – to make them keep patronizing you.
Most online stores in Nigeria are built with an open source web application called Magento, other web applications like AbanteCart, OpenCart, and PrestaShop can also be use to build an outstanding Online store. You can also choose to buy an already developed eCommerce Script here to set up an eCommerce site today.
It is not advisable to input AdSense code or use any other type of monetization on your online store. Your income should be from sales you made from your online store or via Dropshipping.
Most regular Online stores in Nigeria are Jumia and Konga.
5. Consider Blogging
A blog or Weblog is a place (website) where people, group of people, institutions or organisations express their opinions about issues or post information for their blog readers and other web users to see.
Some blogs also are in form of discussions, where the admin drop information about an issue and grants “comments” permission – in other to allow other people to share their views. A standard blog should always focus on a particular niche such as; News, Sports, Fashion, Entertainment, Lifestyle, Technology, Relationships, Cooking etc.
To create a blog is very easy over every other type of web applications. You can own a 100% free blog with out spending a penny with Blogger.com or WordPress.com, where you will have a URL extension like “mysite.blogspot.com” or “mysite.wordpress.com“.
You can also host your blog to get your preferred URL, with more customization and authorization. Since this is about making money online – I will advice you host your blog to gain more flexibility, but you can also start from a free blog and migrate with time.
Hundreds of blogging scripts and apps both free and paid are available – with WordPress at the top, all you need is to have a reliable hosting. About 77% of active blogs in Nigeria runs on WordPress.org platform, 16% runs on Blogger, the remaining 7% are either customized or runs on web applications like OpenBlog, EggBlog, FlatPress, Dotclear etc.
Most blogger income comes from AdSense, while some smart bloggers also includes; Direct Advertising, Sponsored Post, and Affiliate Marketing to make even more money
6. Develop an Online Directory
Online directory is a kind of website which lists contact information of various types of business, according to its location and type of business. This type of web application is easy to start up, but can be so tedious to while filling the site with information.
On this type of web application business names, locations and contact information are added, deleted and edited from the admin(s) panel.
To get successful in an online directory business you must have a good Search Engine Optimization (SEO) techniques, this is because online directory sites are so boring that people don’t care to memorize the URL, its mainly the search engine that directs people seeking for information which is available in an online directory. One good thing about online directory is that people don’t like investing in it, this means you will have less competitors to deal with.
Get an already developed online directory script here or you can pay a web developer to develop one for you.
The most rocking directory website in Nigeria is vconnect.com.
Owners a directory site and make money mainly from AdSense and Direct Advertising.
7. Create a Job Search Website
Do you know that an average of about 4.3 million Nigerians search for jobs on daily basis? If you can attract just 1% of 4.3 million online job seekers to your site, this means you will be smiling to the bank – having a whooping 430,000 daily visitors. Why not help a good number of unemployed youths by creating this type of web application, and make good money in return.
You don’t have to be an employer to own this type of website. A good job website has option where employers can register and post the jobs they have, you also on the other end can make research on available jobs which you will post on your site.
To build trust from job seekers you will have to do your possible best to make sure that only genuine jobs are posted on your website. If fake or misleading jobs are always posted on your site it will scare away job seekers who don’t want to fall victim for fraudsters.
Pending on your requirements, you can develop a platform where employers can register and post available jobs, also having the ability to view details and CV of applicants who applied for the jobs posted, they can also come for scouting. You as the admin, your job will be to moderate listed jobs, making sure that they are genuine, and also trying to get information about the reputations of those who registered as employers etc.
There are lots of already developed job search website scripts to choose from here. If you are good with WordPress you can customize a job site to your taste.
You can make serious cash also through AdSense, Direct Advertising and Sponsored Job Post.
8. Bulk SMS Website
A Bulk SMS Websites is a kind of website where users will register and make payment or purchase credit from the site which will enable them to send bulk SMS to as many recipients they wish to. If you succeed in developing this kind of online business, count yourself lucky – because the site can be designed to run by it self, all you do is monitor once a while to see how things are going.
Just like the online store AdSense or any other type of advertising is not advisable on bulk SMS website, except direct advertising which will not link to another URL. Make your profit from payments your users made.
Buy your bulk SMS script for codecanyon.net
9. Start Up a Dating Site
Similar to like Social Network, Dating Site, has some special features, connecting people together for relationship purpose. People will like to become members of your dating only when they see that there relationship choice of persons on your dating site. You must know fully well that what attracts most men to a dating are sexy ladies, and attracts ladies are rich looking and handsome guys.
If you wish to start your dating site i will advice you buy amazing dating script here, most of their script comes with thousands of already registered members (more of women) with their original details. This will trigger people to easily register on your dating site.
Membership Upgrade is the best way to make money from owing a dating site, where members will have to pay to upgrade their membership to get certain permission like; viewing other members full profile, sending unlimited messages to members, creating a profile gallery and so on.
10. Online listing Website
Online listing is similar to an online directory and classified website, in online listing the admin and other permitted users post physical product such as, landed properties, real estate, cars, accommodation and so on- which are available for sale or lease, by so doing they link sellers and buyers and get commission from sales made, they also get paid from featured listing. Now imagine 10% commission for the sale of a property that worth 50 million!!! Amazing right? You can also make good sum of money from premium listing.
You may buy a developed Online Listing website script here or develop it with WordPress, you can also customize a Classified or Online Directory scripts if you already have one to suit the development of an online listing site.
11. Music and Video download Website
To own this kind of site is quite very easy, you can develop it in minutes with WordPress, just like Notjustok.com and many others music sites that are developed with WordPress. The major problem you may have in owning this type of site is copyright infringement. But if you know your way around it then get ready to smile to the bank.
A dedicated server or a cloud hosting is best for a music upload and download site on a long run. But you may start with an unlimited shared hosting disk size and bandwidth – as your it will contain a bank of musics and videos or rather you may register with a trusted free cloud service where you will upload your music and videos and generate a URL which you will place on your website, though the later option is not so good for search engine optimization.
Click here to see the features of some already developed script which you can easily install on your server to start a music and video website.
Make your money here from Paid Download, AdSense, Direct Advertising and Paid Upload.
12. Online Booking and Ticketing
An online booking website is a platform which enable people to make an online booking for hotels, flight, cinemas, trains, football matches, events, rentals and so on.
This kind of website may cost much to develop as it require lots of integration in other different business while developing. You make money owning an online booking mainly via Commission and Premium offers. Wakanow.com is the biggest player operating an online booking in Nigeria.
See some good booking script here to read how they really work.
13. Own a Search Engine
If you choose to go for this option you will have lots of work ahead of you to promote your search engine and also giving people reasons why they should use your search engine instead of great players like Google Search, Microsoft Bing, Yahoo Search and Ask.com.
You can create your own search engine with Google Custom Search but you will limited on customization. Crawler Script is the most common script for building search engine. If you already own a working AdSense account, you can place the code on your search engine. Google may not easily approve your search engine AdSense account. Direct advertising and “preferential search links”in addition to AdSense are also sources of income here.
14. Digital Download Website
A digital download is similar to an online store, but while online store sells physical goods, a digital download site sell only digital product such as Software, Scrips, Projects and so an.
Most people who gets involved in this type of website in Nigeria usually sell academic project, thesis and seminar. If you have access to such digital good you may decide to sell them online or you may research for other digital product you feel will sell well. If you decide to sell software you may face copyright infringement. Selling of website scripts is also a good digital goods to sell online if you are a web developer.
To own a digital download site won’t really cost much with the help of WordPress. You can develop this website with WordPress and integrate payment method such as PayPal or Quick Teller to enable the site run by itself while you get busy with other things.
What Is Needed To Start Up Each Of The Online Business Mentioned Above
- An Internet Supported Device (preferably a laptop)
- Internet Connection
- A Domain Name
- Web Hosting
- Patience and Dedication
How To Make Money From Either Of The Aforementioned Online Business
- Google AdSense and Alternatives
- Affiliate Marketing
- Direct Advertisement
- Sponsored Post
- Background Takeover
- Commission on Sales
- Membership Upgrade
- Paid Uploads and Downloads
Why you Should Consider Going Into Online Business
- You be the boss of yourself
- You can work from home or anywhere
- You have it as a per-time job
- You can make good income from it
- Low start-up capital