Now, let’s get something right
When I say “easiest” as seen in the subject line, I do not mean easy.
I am only using the word as a way of comparison to other ways of making money online
So, with that being said;
Last year, one of my old friends came to me because he was looking for a way to make more money
He came to me because he saw one of my ads online
So, based on what I know, I told him the 2 easiest ways for a Nigerian to start making money online as quickly as possible are:
(1) Online Freelancing (aka doing online jobs)
(2) Affiliate Marketing
Let me explain why:
If you are a broke person or someone with very little money to spare, then the way to go to start earning some money as quickly as possible is by doing online jobs.
This is also known as online freelancing
What you are doing here is to help businesses and individuals so some online jobs like writing articles, transcribing, graphic design etc and getting paid
With this, a broke person can start making $250, $400 etc a month very fast
$250 now is about N100,000
And all they need is a computer and internet connection
I have never done online freelancing before because it wasn’t available when I was just starting online
And I already grew past that stage by the time it was introduced.
I really wished it was available when I was still in school though
I would have made a killing with it working from the cybercafe (Lol)
Highly recommended for students, youth corpers and people who don’t have a lot of startup capital
I know it works because I can confidently point to at least 100 people who started this way and are now big boys
One of them is this ex-factory worker who now makes at least $1000 monthly part time as an online freelancer
By the way, I should also let you know that online freelancing is a bit competitive because anyone can join
But you can get an advantage if you learn from experienced online freelancers like this guy
The thing about online freelancing though is that your time is directly involved
This means you only get paid when you do jobs
No jobs, no money
And it has a ceiling on how much you can earn
It is very difficult to find online freelancers making more than $1500 a month
Read more about how you can get started with online freelancing here
On the other hand, affiliate marketing is BIG and is more of a business than freelancing which is about jobs
Affiliate marketing is selling other people’s products and services for a percentage of the sales.
So, each time someone buys a product that you recommend, you get paid a commission
With a well setup affiliate marketing system, you still have to work but you can make money while you sleep and you can make far more money than online freelancing
You don’t really have to look far to see affiliates making $5,000 a month
And there are super affiliate marketers making as much as $2m a year online
You can literally become an affiliate for a HOST of things – digital products, physical products, offline services, personalized solutions, software, etc.
I prefer digital products though
The main skills required to become successful with affiliate marketing are traffic generation and marketing the products
It also requires some startup capital if you want to take it seriously which is what I expect of you
With affiliate marketing…you will need funds for things like:
– Domain ($10 a year)
– Hosting ($60 a year)
– Autoresponder (From $19 a month)
– Tracker (optional)
– Traffic (Depends)
That is like N100,000
The cost of domain, hosting and autoresponder can be lower or higher though depending on where you are buying from and the quantity.
For traffic, how much you will spend depends on how big you want to go
The reason why affiliate marketing comes ahead of models like information marketing or ecommerce is that with affiliate marketing, you don’t have to do anything about the product sourcing, creation or handling.
That is like 50% of your work done for you.
You only have to focus on marketing the products and getting your commissions
By the way, if you are just starting, you can make use of certain free traffic strategies to get rolling.
You can effectively promote your affiliate links and get start making money via:
– Facebook groups
Eventually, most people who start with online freelancing move on to other business models like affiliate marketing where they are able to make more money and have a lot of time to enjoy
If you are interested in affiliate marketing, you can watch this FREE training video