Social media has given everybody an opportunity to make money regardless of their qualification, age, or gender, however, most Nigerian don’t still know how to make money online with social media.
It isn’t that bad to admit, because without being taught or shown you’ll probably not know, but then, this is why I have decided to write this article to help you by explaining some of the ways you can actually make money online with social media in Nigeria.
So if this interest you, consider reading this article carefully till the end, because i promise to provide as much value as possible.
How to Make Money Online with Social Media in Nigeria
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Becoming a Social Media Influencer
Becoming a social media influencer is one of the finest strategies to generate money on social media in Nigeria. This might be for you if you excel at drawing large followers, posting contentious issues, and generating strong engagement.
You only need to start creating content after selecting the social media you want to use for social media influencing. Although you can use Instagram because influencers like Bobrisky and Ifedioku use it, Instagram and Twitter are the leading social media platforms in Nigeria for making money as social media influencers.
How can social media influencers actually monetize their platforms? Well, if your social media profiles have a respectable number of followers, you may start getting paid to run advertisements for both private citizens and businesses.
You can earn money on social media as a social media influencer by endorsing nearly anything, even something as simple as a makeup brand.
2. Buying and Selling Accounts, Groups, or Pages
This is another way people actually make money online with social media in Nigeria but many people don’t really know about this.
This method works for social media like Facebook, Twitter, or Instagram. With this method, all you have to do is buy accounts, groups, or pages at a cheaper price and resell them for profit.
Aside from buying pages, groups, and accounts to resell, you can also try growing a group, or page follower by yourself and when it has gained some followers, enough to sell, you can now take it to the market and sell it out.
3. Drive Traffic to Blogs
This method is mostly for bloggers or other online business that requires traffic to make money, with social media, you can drive thousands of traffic to your website daily.
All you have to do is understand the social media you’re using very well, and have a strategy to get your content in front of a large audience, then, sit back and watch people visit your blog.
One of the recommended ways to do this is by either buying or renting a Facebook page or group in your niche and posting related content.
4. Affiliate Marketing
Affiliate marketing is another unconventional way to monetize social media in Nigeria. Affiliate marketing gives you the ability to make money from any social media platform by simply recommending products and services to your followers in exchange for a commission.
You may start making money from affiliate marketing on social media by choosing a product you want to sell—like shoes—and promoting it online by sharing the images. Each time one of these customers makes a shoe purchase through the links, you will get a token (commission).
You might think that getting paid a commission for selling something isn’t enough, yet it is. Imagine selling many pairs of these shoes and generating a sizable profit. Even if you lack an affiliate marketing expert, you may still use digital marketing to make money on social media.
5. Dropshipping
This is one of the best options for both adults and students to make money online in Nigeria. Just conversing with consumers and accepting payments from them allows you to establish a dropshipping business in Nigeria. In the event that you are unsure of what drop shipping is or how to go about doing business.
Selling goods without really owning them is known as drop shipping. It only describes the procedure of bringing consumers and vendors together. Hence, all that is required to operate a dropshipping business in Nigeria is to establish a connection with the manufacturers of a particular good and promote it to persuade Nigerians to make a purchase.
Simply complete the customer’s order, pocket your profit, and then pay the vendor. Start dropshipping to make money on Instagram, Twitter, Facebook, and WhatsApp. Simply taking images of these items and publishing them on social media with persuading headlines would do.
You may share product photos on WhatsApp and make money doing it because the platform is so useful for a business like this. Clothing is one of the goods you can sell in a dropshipping store in Nigeria. Automobiles, electronics, cell phones, and other products are also available.
6. Selling your Products or Services
You can make money on social media by selling either products or services. Services would include things like content writing, graphic design, and others.
While on the product side of things, you could be selling other people’s products or maybe some of the old products that are no longer useful to you.
When you’re sure that you have either goods or services to sell, you can now go online on different social media platforms especially Facebook and WhatsApp to advertise them.
You would be surprised at the number of people that would be interested in your product or services and also buy them from you.
Conclusion
With the help of social media in Nigeria, the is no excuse for not making money online especially after reading this article and discovering some of the best ways to make money online on social media in Nigeria.
However, if you do not really understand how a particular business model works, you can do deeper research on it and also understand the role of social media marketing before you dive into any business.
We hope this guide was helpful. you can always drop a comment below. We are always ready to respond to them.