Tuesday, 31 July 2018

How to Make Money on Facebook [Easy Step by Step User Guide]

Under the Influence Reading Time: 8 minutes

You may not think of Facebook as new and edgy anymore. But you can’t deny its popularity. There are more than 2 billion monthly active Facebook users, with 1.37 billion actively using the social network every day.
It is no surprise, therefore, that many people and businesses try to earn money from Facebook. With such a vast potential audience, it makes good sense.
It can be challenging, though, to make money on Facebook. Because of Facebook's sheer size, it can be challenging to stand out from the crowd. This is particularly the case now that Facebook only shows a selection of posts in a person's feed. In fact is it probable that the statuses you lovingly craft and upload to your business page will reach no more than 2% of your followers.
Every time somebody opens their Facebook feed the Facebook algorithm goes through four steps to decide which posts it will show that person:

Inventory – the algorithm examines all of the recent statuses shared by the person’s friends and the pages they follow.
Signals – it then takes a look at a whole range of signals based on the user’s past behavior. These include, who made the post, the average time spent on content, post engagement, tagging and comments, how informative the post is, and many other signals. A significant signal from a money-making point of view is that the algorithm weights statuses from people as being more important than posts from pages.
Predictions – the signal attempts to guess how the user will react to a particular story – will they share it, comment on it, read it, or ignore it?
Score – The algorithm generates a Relevance Score for each post, based on the signals and its predictions.

When Facebook assembles a person’s feed, it only shows the posts with the highest Relevance Scores.
We have previously shown how Instagram, which is Facebook-owned, operates a similar scheme in How to Beat the Instagram Algorithm Without Actually Cheating.

Are You a Business, and Influencer, or Just an Ordinary Person?

Facebook is primarily a social network; an online place where people can hang out, socialize and share things of common interest. This is one of the reasons why it gives posts from someone’s personal account a higher weighting than posts from a page.
Businesses always have to bear this in mind. It will always be easier for people to spread their words on Facebook than it is for companies.
But it is not quite as clearcut as that.
If a person only has a small number of Facebook friends they will be unable to spread the word very far – unless they are able to share content so profound that people share it multiple times over, and it becomes viral.
On the other hand, if a person can attract a considerable number of supporters and then engage with them on a regular basis, they will find that their posts will appear in many people’s feeds.
So the best way to ensure that people hear what you have to say is to build your support base up to the extent that they consider you an influencer. When you reach that point, it is easy to make money on Facebook.
Business accounts should not be wholly ignored, however. If businesses operate their accounts well and share quality content on a regular basis, Facebook will recognize their efforts and increase their Relevance Scores.
And then, of course, there is Facebook Advertising, which can help give an extra push to the reach of posts. We have recently looked at How much do Facebook Ads Cost - the true Cost of Running Facebook Ads.

Build Your Audience First

The whole reason that influencers are successful on Facebook is that they have already gone through the process of building a following.
You need to build up your expertise on Facebook by sharing a string of excellent posts – interesting links, images, and updates. To really succeed as an individual you should build up an area of interest where you can become recognized as an expert.
While businesses may choose to use influencers to market for them, they will probably also want to build up some form of Facebook presence themselves. Over time they can use it to help people recognize them as experts in their niche. Starbucks has shown how to do this well, and their page has 37 million followers.
The primary goal of your Facebook fan page should be to provide a place where people can get to know you. If they like your content, they will come to respect you. In time, that means they will trust you. And ultimately, they are likely to be happy to spend money to buy something from you.
Kim Garst sums it up well when she says, “To sell on Facebook you need to stop treating fans like a commodity and start treating them like your friends.”

Steps: How To Make Money from Facebook

Selling Items in the Facebook Marketplace or a Facebook Buy and Sell Group

Depending on your location, you will see a wide variety of goods and services for sale on the Facebook Marketplace. These are listed in categories ranging from Home and Garden through to Vehicles and Bikes.
https://www.facebook.com/groups/1649290385386299/
A Facebook user can select the geographical area from which they see products for sale. For instance, you can set it to display goods for sale within a fixed distance of your home. You can also filter by price.
You could earn some money by placing your spare goods on the Facebook Marketplace. You may have to enter into negotiations with people, so be sure to keep in mind the lowest price at which you are willing to sell.
Similarly, there Buy and Sell groups on Facebook in most regions. You can make posts selling your spare goods in these groups. They often have a common core of members, and therefore suffer less haggling from people trying to get a bargain.

Sell From Your Facebook Fanpage

Many businesses discover that this can be tricky. It is not easy to build a high enough Relevance Score for your page’s posts to appear in your followers’ news feeds.
Therefore to make money on Facebook using your fan page you need to create and share content that people value on a regular basis. As Kim Garst says, her Facebook Selling Formula is “Be Useful + Be Authentic + Sell Occasionally = Big Facebook Sales.”
If you engage in influencer marketing, your influencers can help you with this. They can provide the useful and authentic content, and direct their supporters to your fan page.
You could consider adding some Facebook advertising to improve the reach of your sales posts. But don’t forget, to build up an organic audience, the bulk of your posts cannot be sales-oriented. They need to be valuable and/or entertaining to your potential audience.
With Facebook Advertising it’s essential to remember where most Facebook users are in the Buying Cycle. They are not using the platform with an aim to buy anything at all. It is not like advertising on Google, where potential buyers search for terms to help them make a purchase. People come to Facebook to chat with their friends, catch up with what their acquaintances are doing, and watch funny cat videos – not to buy your product.
Therefore it is your responsibility to build a sales funnel. To do this you want to reach as broad an audience as possible – so you should share a variety of content. Provide a mix of links to quality blog posts, videos, funny anecdotes, controversial statements, infographics, and anything else you think will attract people to you. They should, in some way, relate to the product you are promoting – or at very least the type of people who would be interested in your product.
Once you have created a base of supporters (either by yourself or with the help of influencers), you should start promoting content to them. Pay attention to the engagement levels on these posts, and share more of the type of material with the highest engagement.
You should then consider promoting content in ads targeted to Lookalike Audiences. Although these people will probably never have heard of you before, they have demonstrated from their past activities that they have similar interests to the people who have followed you. Therefore it shouldn’t be too complicated to attract these audiences with your content.

Operate a Facebook Group in Your Niche

Although there is little value in running a Facebook group with the sole focus of making sales, they can be a useful way in which to let people know what you offer.
Facebook Groups can be particularly useful if you sell information products. You can set up a group, encouraging members to help each other and share ideas. Once again you need to ensure that you offer group members useful content, and every so often you can suggest your product as a solution to their problems.
Facebook Groups can also work well as an offshoot to other activities. For instance, if your product is a course or an eBook, you could run a Facebook Group for members of your class or people who have bought your eBook.
If you provide paid coaching, you could use a Facebook Group as a place where your clients can come together. You could perhaps even operate it as a Mastermind group.

A Suggested Facebook Sales Funnel

Neil Patel has written a detailed Step-by-Step Guide to Creating a Facebook Sales Funnel. Like most other commentators he emphasizes the importance of building up gradually to a Facebook sale.

Neil believes there to be a seven-step funnel required for you to earn money on Facebook. In essence, his seven steps are:

Create a variety of quality of content for your “warm audience” – those people who have already expressed an interest in you or your product
Create a “Lookalike Audience” of people with the same interest as your warm audience
Promote high-quality content to that “Lookalike Audience.”
Some of the “Lookalike Audience” will like what they see, and become a fan of your Facebook page. Some may even choose to buy your product at this point
Use a Facebook Pixel and remarket to those who have not yet purchased any products
Continue remarketing to those who have still not converted
Maximise your conversions

Influencer Marketing on Facebook

Many brands struggle to build the numbers necessary to earn money from facebook. In this situation, it is common for firms to turn to influencers for help.
Influencers have done the hard graft of building a following. Anybody who is now a Facebook influencer started off a “Facebook nobody.” However, they took the time to establish themselves in a niche, and they have gone through the necessary steps to build authority and trust, and therefore a following.
They know that they can join partnerships with brands, spreading the brands’ messages in ways that would otherwise be impossible for the brands. The most essential requirement is that the brand makes a good fit for the influencer's followers.
Influencers can deliver sponsored content to their fans. They may also work more directly by sharing affiliate links.
Sometimes influencers can promote products in a more subtle, perhaps humorous way. In the UK The Meat Man, who sells meat to the public and restaurants, paid a UK Facebook influencer Brad Holmes, to make a funny prank video. In the clip, Brad pranks his fiancé into thinking she had ordered 500kg of chicken instead of 5kg – with a £2,000 bill to go with it. The Meat Man’s product sits in clearly labeled boxes in full view throughout the video.
This Facebook influencer drove 7 million video views within 48 hours, and also led to newspaper coverage for The Meat Men. As a comparison, The Meat Man’s own Facebook page has only about 10,000 likes and could never have generated as much publicity on its own.
Perhaps the best solution for a business is to build up its Facebook page, but at the same time work with influencers to kickstart the process, and give the reach that most brands can’t achieve alone.

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How to Make Money on Facebook [Easy Step by Step User Guide]

Under the Influence Reading Time: 8 minutes

Inventory – the algorithm examines all of the recent statuses shared by the person’s friends and the pages they follow.
Signals – it then takes a look at a whole range of signals based on the user’s past behavior. These include, who made the post, the average time spent on content, post engagement, tagging and comments, how informative the post is, and many other signals. A significant signal from a money-making point of view is that the algorithm weights statuses from people as being more important than posts from pages.
Predictions – the signal attempts to guess how the user will react to a particular story – will they share it, comment on it, read it, or ignore it?
Score – The algorithm generates a Relevance Score for each post, based on the signals and its predictions.

Are You a Business, and Influencer, or Just an Ordinary Person?

Build Your Audience First

Steps: How To Make Money from Facebook

Selling Items in the Facebook Marketplace or a Facebook Buy and Sell Group

Sell From Your Facebook Fanpage

Operate a Facebook Group in Your Niche

A Suggested Facebook Sales Funnel

Neil Patel has written a detailed Step-by-Step Guide to Creating a Facebook Sales Funnel. Like most other commentators he emphasizes the importance of building up gradually to a Facebook sale.

Neil believes there to be a seven-step funnel required for you to earn money on Facebook. In essence, his seven steps are:

Create a variety of quality of content for your “warm audience” – those people who have already expressed an interest in you or your product
Create a “Lookalike Audience” of people with the same interest as your warm audience
Promote high-quality content to that “Lookalike Audience.”
Some of the “Lookalike Audience” will like what they see, and become a fan of your Facebook page. Some may even choose to buy your product at this point
Use a Facebook Pixel and remarket to those who have not yet purchased any products
Continue remarketing to those who have still not converted
Maximise your conversions

Influencer Marketing on Facebook

How To Measure Influencer
Marketing ROI

The Complete Brand Marketer's Guide
Get The Free eBook

Monday, 30 July 2018

17 Ways to Make Money from Facebook Page Likes For Beginners!

Updated on: July 4, 2017 By Amy Kennedy 6 Comments

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If you’re a daily Facebook user, there’s no reason you can’t earn money while using it. Learn how to use Facebook groups and pages to earn cash fast!

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If you’re like most people, you have a Facebook account and spend a good amount of time on it each day.

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Whether you use Facebook apps, play games, search for funny memes, or use Facebook for your business, you probably use it more than you think.
You probably never thought you could actually make money from Facebook, though, did you?
There’s 1.94 billion active worldwide users on Facebook.
That’s a lot of people, which also means an incredibly large number of eyes see things on Facebook every day.
So, not only is it one of the best social media networks to promote a business, but it’s also one of the best social media networks for making money, period.
You just need to know how to do it!
Although there are many more ways to earn money from Facebook than what we’re listing here, these ways can prove to be some of the most profitable. So, hop on Facebook now and get started!

Here’s How to Earn Money Like Facebook Pros

Real people are using these methods to make money on Facebook (I’ve done a few myself!).
Depending on your skill set and time you have available, you can make them work for you, too.

Enter Contests and Giveaways

This is one of my personal favorite ways to score some money on Facebook.
And, even if the prizes aren’t money, you can always sell prizes you win for cash.
Almost every business that uses Facebook – and even individuals with their own fan pages – hold Facebook contests or giveaways now and then.
Why? Well, it’s almost like a free form of advertisement that can spread like wildfire, thanks to the viral nature of Facebook and other social media networks.
When a business page posts a contest or giveaway, they usually ask participants to tag friends, write a comment, share the status, and like the page.
When participants do this, the business gets a huge audience of potential customers who are dying to win the prize. Since there’s a prize involved, people are more willing to share to try to win! So, it’s really a win-win for everyone.
Follow local and big businesses that you love on Facebook, and make sure you change your settings so that you ‘follow’ their updates.
That way, they’ll show in your newsfeed and you have a better chance of knowing when they post contests.
The best thing about this method is that you usually don’t have to do anything to win besides a quick share or comment, so it’s minimal effort to try to win something worthwhile.

Join Online Garage Sale Groups

Facebook groups are just about the best type of garage sale there is.
You can browse conveniently online, search for the things you’re looking for with the search feature, and bypass all the rest.
Look for local garage sale groups so you won’t have to worry about as many scams and shipping costs.
Usually, searching Facebook Groups for terms like “[your city] items for sale” or “[your city] garage sale” will yield some results for these types of groups.
When you find some you’re interested in, request to join them.

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Be sure to read the rules for buying and selling, which most groups have listed in a pinned post within the group.
Also, take note of the administrator’s name(s) so you can tag him or her if there’s any issue.
People often do this if they have issues with someone not being truthful about a listing or attempting to scam members in another way.

Resell Items from Online Garage Sale Groups

Just as people do offline, you can buy things for low prices on Facebook garage sale groups to turn around and sell later.
The good thing about this is there are so many ways you can choose to sell the items.
Resell them in other Facebook groups, create your own Facebook group for selling purposes, sell them at a flea market or consignment shop, or even sell them online on Amazon, eBay, or other selling sites.
You can even sell your items on Facebook’s own Marketplace, which is specifically designed for you to create eye-catching listings for local buyers to find.
The only skills you need to have are a great eye for finding awesome products at low prices that can turn a decent profit and marketing your listings, depending on how you choose to sell.

Join a Buy, Sell, Trade Facebook Group

Similar to Facebook garage sale groups are Buy, Sell, Trade groups.
Many locations all over the United States have these groups, also known as BST groups, specific to certain towns or counties.
For my area, for example, there is a BST group for my town and for my county.
I’m a member of both so I can target people very close to me and in my surrounding area with my listings.
The main difference between BST groups and garage sale groups is that, in addition to just buying and selling, you can trade items too.
Since there are more options available in BST groups, there are generally more members in these groups, too, which means a bigger audience for your listings.

Resell Your Items from Buy, Sell, Trade Facebook Groups

Much like garage sale Facebook groups, you can resell your items you buy or trade from BST groups.
Trading is a good idea if you have things you don’t need, other things you want, and don’t really want to spend the cash to get the things you want.
You may be able to save some money while scoring items via trading that you can turn for a decent profit.
Many people have luck selling items on places like Amazon and eBay, but it also depends on the type of items you buy.
There are niche selling sites online that may be more profitable for you since they have a very specific audience.
For example, if you’re into buying and reselling electronics, Gazelle could be a good place to sell.
Clothing, on the other hand, would likely sell well on Swap.

Start Your Own Profitable Group

If selling within other Facebook groups doesn’t seem to give you the control you want over your listings, you can certainly start your own.
In fact, this is a great move to make if you intend to sell a specific type of item, like jewelry, furniture, or toys.
Create a group for your local area based on the category of products you want to sell.
As you gain more members by adding your friends and having your friends add interested people, you can expand your group in different ways.
For example, if you sell jewelry, you can start making your own pieces, too, or expand to sell a variety of accessories.
You may even want to consider joining up with some friends who sell similar items to make your group bigger and attract a broader audience.
Then, you can collaborate to create live sales and manage the group together, taking some of the weight off your shoulders.

Find Freelance Jobs

Believe it or not, you can use Facebook to find freelance jobs!
Again, specific groups on Facebook are excellent for this. Search along the lines of “freelance [skill/job]”, like “freelance writer”, “freelance designer”, or “freelance photographer”.
Your search will likely lead several results for groups, and you can weed through to find the most active and helpful ones.
Since the members of the groups either have experience in the field, or are still learning the ropes, you can all bounce ideas off each other.
It’s a great way to network, find job leads, and even just gather a list of helpful resources to grow your freelance business to make more money.

Manage Facebook Accounts

I’ve always managed my own Facebook pages for my blogs and business, but I’ve known plenty of bloggers and business owners who have gladly handed off the task to someone else.
Managing Facebook pages isn’t as easy as it seems.
Facebook has strange algorithms that take some time to master.
And, coming up with consistent content is time-consuming, and it’s easy to run out of ideas.
Not to mention, you still need to do a lot of work to promote your content, build an audience, and really make your pages help your business.
Plenty of virtual assistants and social media managers make money just by taking over the Facebook pages of bloggers and businesses.
It takes a very organized person to do the job, but you can earn a full-time income if you gain enough clients.
You can even use Facebook to promote your Facebook managing services!

Become a Brand Ambassador

If you’re already a blogger, you probably know all about brand ambassadorship.
If not, being a brand ambassador means promoting products and services you love.
In turn, the company sponsors you to gush about its products and services.
Most companies know how important social media is – possible even more so than blogs!
Social media is probably the easiest way to reach a large audience in the shortest amount of time.
If you have a Facebook page for your blog or business and have taken the time to build up your followers, you can likely qualify for brand ambassadorships.
Of course, companies like to see that people actually engage with your Facebook page with likes, comments, shares, etc.
Quality is more important than quantity in this case.
If you want to find companies that offer brand ambassador opportunities for bloggers and those active on social media, check out the list from Tiffany’s Reviews.

Become an Authority

Becoming an authority figure in a niche or industry that you’re interested in is always a good way to position yourself as a trustworthy person in that niche to gain more followers and eyes on your brand.
Facebook can help make that happen, and can be a good source of both direct and indirect income.
Create a Facebook group for your industry. Make it stand out so that it offers something different than others.
For example, if you want to offer a lawncare service, you can market your group to those you know in your town.
To make it unique, make the focus of the group a question and answer resource group for people to post their most pressing questions about lawncare.
You, as the admin of the group, have the power to quickly become an authority figure in your area on lawncare services by jumping in to answer your members’ questions.
Then, utilize the platform to promote your services and let others know what you can do for them.
Make sure you’re available often to quickly answer questions and provide your members with helpful tips.

Promote Affiliate Links

If you have an authority group all set up, another way you can make money with it is by promoting affiliate links.
If you’re not familiar with affiliate marketing, let me explain.
Affiliate links are unique links to a specific product or service.
When someone clicks your link and makes a purchase, you receive commission based on the sales price or a fixed rate per lead.
Amazon Associates is a super popular form of affiliate marketing where you can recommend Amazon products and receive commission when someone purchases them.
So, let’s use our lawncare Facebook group example.
Those in your group are interested in lawncare products and tips, right?
You can create a Facebook post in the group that highlights some of your favorite gardening products.
Use Amazon Associates links to link to some helpful gardening products, like shovels, gloves, and soil.
People click and purchase, and you make money.
Just make sure you follow Amazon’s rules for affiliate links and disclosure, because it does keep an eye on its associates.

Refer Your Friends

No Facebook group is necessary for this one, just your good old friends list!
But, a Facebook page with a lot of followers can definitely help.
If you’re a member of places like Swagbucks and InboxDollars that have referral programs, invite your friends!
Swagbucks, for example, gives you 10% of your friends’ lifetime earnings.
So, if they earn 100 Swagbucks, you get 10.
When you have a Facebook page or group with several followers or members, you can potentially get a lot of referrals.
Just make sure you don’t get spammy with invites.
Create a helpful post that will make others want to sign up, outlining how the site has helped you make money.
It’s even a good idea to provide some proof that you’ve gotten paid.
Begging your friends and followers to join will make you seem desperate, and they’ll likely get annoyed by your constant requests.

Get into Direct Sales

Yes, direct sales are flooding Facebook and can be a bit irritating.
But, there’s a reason those in direct sales are using Facebook to promote their businesses: it works!
Those in direct sales, like Younique, LuLaRoe, and Young Living Essential Oils, can create Facebook pages and groups to gain a huge audience for their products.
Now that Facebook has the Facebook Live function, direct sales consultants can use the feature for live sales, which are becoming a super popular way to sell.
Plus, your videos have the potential to get shared and go viral (especially if you offer your viewers a chance to win a prize for sharing!), which can grow your business fast.
Even with zero selling experience, you can make it big as a direct sales consultant when you use Facebook.

Host a Direct Sales Event for Someone Else

If you’re not quite sure about hosting your own events – they do take a lot of time to set up and organize – you can host events for someone else.
Most direct sales consultants like to reach new potential buyers by utilizing their friends to host events.
This way, the consultant gets a bigger audience and can possibly find more people to join her team.
As a host for another consultant’s event, you usually can score free stuff for yourself.
This depends on how much your friends participate and how many items get sold during your event.
The more sales that happen, the more you can potentially get for free.
Sometimes, even cash prizes are involved!

Turn in the Hackers

One little-known way to make money with Facebook is by turning in hackers and reporting serious security flaws.
Of course, it’s a long shot to make money from this because the flaw has to have been undiscovered by Facebook already.
And, since Facebook has a complete team of security wizards, it’s likely they already know about any bugs.
Still, one person made $15,000 from Facebook in 2016 by reporting a serious flaw that could allow potential hackers to gain access to user accounts without even needing a password.
This is all thanks for Facebook’s Bug Bounty Program, which allows users to report any serious security issues to developers.
Reward amounts depend on how serious the issue is, but the minimum bounty is $500. Not a bad paycheck for reporting a flaw, right?

Advertise Your Business

Facebook pages are tricky to learn, but they can be a great way to promote a business.
Unfortunately, Facebook updates its algorithms regularly, which make it difficult to keep up with.
Even though you post several statuses to a page every day, only a small portion of your audience sees them.
Engagement is a huge part of Facebook’s algorithm.
The more your audience likes, comments, and shares your stuff, the more people will see what you post.
So, it’s important to have a healthy mix of shareable content with your promotions to maximize views.
Photographers tend to do very well advertising on Facebook because beautiful photos are something that people share naturally.
If you don’t have a product or service that’s as naturally shareable, you’ll need to get more creative.
Offer contests or giveaways, share interesting content, or create shareable memes for more engagement.
Then, mix in some special promotions or discounts for your business that are of interest to your audience.
You can even spend a little money on Facebook ads to reach a larger audience.

Use PassUBuy

PassUBuy is an interesting system that can help out your friends while earning you money.
On PassUBuy, you can sell items through the app on Facebook.
Your friends can see what you’re selling if they also have an account.
They can either choose to buy an item or pass it on to one of their friends, which can bring more eyes to your items.
But, if you don’t want to sell anything, you can simply make money by referring your friends to items they might be interested in!
This works the same way as when you sell.
Browse your friends’ items, refer them to your network, and if someone buys something, you get money.
The incentive amount depends on the price of the item, but you’ll see the price near the listing if you choose to Pass It On.

Now You Know How to Make Money from Facebook Page Likes (and More!)

See? There are tons of ways to make money from Facebook just like the pros do.
This list only scratches the surface.
Of course, as with almost any way of making money, most of these ways will take time.
If you couldn’t tell, creating a Facebook group is one of the best ways to make money on Facebook.
You can use a group in so many ways to earn money, from business promotion to selling items, and more.
If you want to go the business route, I recommend checking out this post about using Facebook groups to build your business.
It’s an excellent resource for learning how to promote a business in already-made groups and for those you create and manage.
Have you earned money on Facebook from any of these methods?
Are there other methods you’d recommend?
Let us know in a comment below!

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How to Make Money Online

How to Make Money Online in Nigeria into Your Local Bank Account with Examples

Ifiokobong October 8, 2015 Inspirational 22 Comments

Are you looking for ways to make money online in Nigeria and cash the money into your local bank account? If yes, search no further.

There are so many articles on this topic on the web. This is because, so many people want to make money online.
In fact, if you search “how to make money online” in Google, you will find about 500 Million plus results in 0.39 seconds.
This means that there are millions of articles out there on the topic.

But unfortunately, most of the make money online articles are not very helpful especially for newbies.

Some of the methods may even help you to loose money instead of making it. See what Seth Godin said on his blog concerning how to make money online.

How to Make Money Online in Nigeria into Your Local Bank Account with Examples

This is very true of many articles on how to make money online. When I started blogging, I read a lot of it. Still, I made so many mistakes that postponed my waiting period to make money online.

Imagine a situation where a fairly new person is told to pay money to join a paid survey sites or buy an eBook. The user may either end up being scammed or quit blogging out of frustration without making any money at all.
Yes! There are over 1001 ways to make money online if you Google it.

Again, not all the methods works well in Nigeria for now. You might have heard of many work from home jobs. Many of them pay with Pay Pal. So, if you are in Nigeria, how are you going to collect the money?
What I mean is that most of the methods that are useful in the US and Europe aren’t working in Nigeria. This is because of the nature of Nigerian internet marketplace.
A typical example is non availability of peer-to-peer PayPal transaction. This has a lot of limitations in online business. You cannot use it to receive payment if you are doing affiliate marketing for companies that only pay via PayPal.
However, we have adjusted to suite our market nature and still make money from it.
Despite the difficulties, you can still make money online here in Nigeria and cash it at your local bank.
In this lesson, I will reveal various ways you can make money online in Nigeria into your local bank account. I will also show live examples how others did it as well as how you can start your own internet business now.
There are certain things you need to have if you want to make money online in Nigeria. These are

(1) A computer with internet connection
(2) A Bank account
(3) You may need to register a Payoneer account if you want to do affiliate marketing to companies outside Nigeria

Let’s start with…

Blogging

You might have heard or read different articles on how to make money online from blogging. Sure, blogging is one of the ways to make money online but you have to figure out how.

Many people think that they can make money just by creating a blog. Yes, blog could be a money spinner but you got to learn how to use it as a money spinning machine.
Blogging is an online journal where you publish articles, pictures, videos that could help other people in time of need.
A typical example is this article you are reading now. This is a blog on how to make money online. I wrote the article and publish it on my blog and you are reading it to gain knowledge on the subject matter.
For me, blogging is the simplest ways to make money online. This is because I love writing even if my English and grammar is not very okay.
I see blogging as the bedrock of all other internet business because of its enormous benefits. Blog are marketing tools you can use to drive leads to your business for free.
Again, getting a blog is quite easy. I earlier wrote a lesson on how to create a blog. If you are just starting out, I will advise you to create a free blog using Blogger.com or WordPress.com.
If you are new to blogging, a free blog is good for you. You can then use the free blog to test things out and see if you could be successful in blogging business.

Growing your Blog

Growing your blog is easy too if you know what it takes.
The main ingredient of blog growth is content. These are articles, pictures and videos.
Among the three, articles remain the most important ingredient in blog growth.
For you to be successful in blogging, you have to know how to write articles or have money to pay other people to write for you.
I have seen a lot of people who failed in blogging business. They actually rushed into the business because of the desire to make money fast. They started a blog without considering their ability to blog.
This is the reason why over 60% of bloggers don’t make money. Some of them will end up saying that blogging is difficult.
Yes, it’s difficult because you have to provide value before you expect money. That is how it works.
If you are a good writer, there are chances that you will make money from blogging.
But wait… knowing how to write for your blog or having money to buy articles for your blog is not a guarantee that you will make money from it.
There are other determining factors…
One of it is a good blog monetization strategy.
You can write very well but you may not make money online if you don’t know how to make money from it.
So, you got to start a blog with a good monetization strategy. There are many of them…
Let’s see…

How to Make Money from Blogging

There are many ways to make money from blogging.
It depends on your level of knowledge about blog monetization. Few blog monetization methods are explained below, starting with…

Advertising:

This is about making money from your blog through advertising. There are many ways that pro-bloggers achieve this. This are …
(1) Selling Ads Space: If you grow your blog to a level where is has a significant readers (let’s say 1000 people per day), you can sell an ads pace for others to advertise on your blog.
See a snapshot of Linda Ikeji’s Blog advertising for Wema Bank (WEMA Mobile).

Do you know how much WEMA bank pays to advertise on her blog? This might be much. Depending on your bargaining power with your client, you can make enough money to pay your bills and even more.
(2) Pay to Click Advertising: This is a contextual advertising program where ads image or text is displayed to your blog or website reader depending on the article keyword.
If these contextual ads are clicked by your reader, you are paid.
The amount of money you can make from pay per click depends on your number of visitors as well as number of clicks (click through rate).
A typical example of PPC advertising is Google AdSense. You can make as much as $2,500 per month from Google AdSense if you have a significant traffic to your blog.
(3) Paid Reviews / Sponsored Post: This is another way to make money from your blog. If your blog have a significant traffic from a targeted audience, you can attract other people to sponsor their promotional articles.
These can come in the form of guest post, featured post or related post.
At the end of the day, you are either paid by just publishing it on your blog as sponsored post or by click/impression as in related post. Another one is paid reviews.
You can be asked to write a paid or sponsored review of a particular product or services.
(4) Paid Membership: Many people make money from their blog by offering paid membership section.
Members pays monthly fees to join. With the paid membership section, you can share exclusive contents and ideas to them.
(5) Coaching: You can make money from your blog by offering coaching opportunity to your blog readers. If you are very knowledgeable, you can coach someone else to know what you know. See a typical example of a coaching offer by Entrepreneur.com below;

Depending on the quality of the coaching process and the amount paid, you could make serious money from it.

Affiliate Marketing

Many bloggers make money from their blog by simply recommending other people’s products or services to their blog readers. If their blog reader buys the recommended product or service, the blogger makes money from sales commission.
This is called affiliate marketing. It’s one of my most effective ways to make money from my blog.
The amount of money you can make from affiliate marketing depends on so many things. These are (a) number of visitors (b) commission rate (c) professionalism in what you are doing. I use affiliate marketing a lot.
I earlier taught on how to make money online with Konga affiliate programme. In that lesson, you will leearn everything how to promote konga affiliate product on your blog or social networks such as Facebook, Twitter or Google Plus.

Information Marketing

This is about selling information to others. Simple! So many bloggers including me sell lots of information to others.
It’s about knowing what people want and providing it to them for a fee.
You can make a lot of money by just selling helpful information to others.
The amount of money you can make depends on the value of the information as well as the marketing strategy used.

Training

If you are a professional, you can offer some training online.
A typical example is this blog. I am teaching how to make money online for free.
This blog now makes at least $100 per day from private mentoring.
Yes, people pay me to teach them how to make money online on a one-on-one basis.
You can teach anything online. Distance learning is a new way to go now. You can package your lesson in any format such as text or video and sell it to your students in any location.

Write for Money

Have you heard of freelance writing? It’s one of the most effective ways to make money online.
If you are very good in writing, you can make money from it. You can write for money.
There are so many media companies that are looking for good writers out there.
All you need is to let them know that you can write. The best thing to do is to watch major job board and Nairaland to find any opening for freelance writers. You can find writing job quickly if you setup your LinkedIn profile very well.

Make Money from Youtube

Have you heard of Youtube? Yes! It’s a very good source of money for video bloggers (vBloggers). Youtube pays via Google AdSense program. It’s easy to setup your Youtube channel. Simply visit Youtube.com with your Google account and upload videos there.
You can choose to monetize your videos and make money from it. In early 2015, I made a whooping $600 from screening a video of past exam questions. You won’t believe the number of view I’ve got.
Interestingly, you can use Youtube to generate more traffic to your blog as well as affiliate links. All will eventually lead to more sales and more profit.

Start a Forum
If you are fund of finding and sharing ideas, forums could be a good source of money for you. You can create a forum, grow it to the level is can generate more sales lead to advertisers.
A typical example is Nairaland. The owner, Seun makes a lot of money from paid advertisement. Other monetization methodes include Google AdSense and other contextual ads.

Provide Services Online

Do you know anything special such as web design, graphic design or other things? If yes, you can provide such services online and make money from it.
You can check it out in the HIRE ME section of this blog. I render a lot of services to my blog readers. Although I teach for free, I make a lot of money by doing so many things to them.
Also, there are many freelance websites here in Nigeria where you can offer services.

That’s not all…

Sure! That’s not all the ways to make money online. Like I said earlier, there many other methods out there. I also taught you those methods I have used and proven to be effective and practicable here in Nigeria.
You might have tried different other methods to make money online that is not listed here. SO, endevour to tell us which method you’ve used so far and which one works best for you. Use the comments section below.

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P.S: Want me to help you personally? If yes, you can buy my helpful eBooks or Hire me now!