How to really make money online legally

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Key7
Senior
Location: Osogbo
 

April 1st, 2017, 9:48 pm

making-money-online.jpg
I want to lay emphasis on that REALLY. How do you really make money online legitimately? Affiliate marketing, blogging, the list goes on and on. And it is super easy to come up with the list even with a Google search. But the truth is... They are easier said than done. So, how do you really make money online?

The purpose of this thread on Bestnaija is to x-ray each o the money making avenues online and see the ups and downs involved, the pros and cons, and whether they are worth the stress or not. So, first we come up with the traditional list:

A LIST OF HOW TO MAKE MONEY ONLINE LEGALLY
1. Blogging and advertisement
2. Affiliate marketing
3. Online surveys
4. Offer services online for cash
5. Build an app
6. Information marketing
7. Web hosting company online
8. Develop your own product - eBook, software, etc - and sell online
9. Online market trading - forex, etc
10. Domain names trading - buying and selling
11. Vlogging (Monetizing Videos on YouTube, etc)
12. Betting online - football, etc
13. And many more...


Now looking at each of these will help an interested person to weigh the pros and cons. Share your experiences, pick any one of these and elaborate. Lets talk.

Please share...

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eMade
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Location: Abuja
 

April 1st, 2017, 10:02 pm

Nice topic. Let us share knowledge here.
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AK Horsfall
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Location: Port-Harcourt
 

April 1st, 2017, 10:12 pm

So eMade what category do you fall? i mean how do you make money online?
I'm a living success and from a Royal Priesthood.
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eMade
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Location: Abuja
 

April 1st, 2017, 10:23 pm

Horsfall George wrote:So eMade what category do you fall? i mean how do you make money online?
I am more into web development and monetization via Google AdSense. It has its ups and downs. I will mention briefly.

1. Traffic
Traffic (web visitors) is money. The more real traffic you got on your website (blog, forum), the higher the money you can make.

2.Niche
To make the best out of AdSense for example, you need a very good niche. Niches like tech, tutorials and online education tend to make more money that non-specific websites like forums.

3. Geographical location
AdSense tends to make more money in countries like US, UK but not Nigeria. CPC in Nigeria is embarrassing. I saw it in someone's post recently. I could feel the posters frustration.

4. Ad placement
To beat ad blindness, placement matters. Your ads must blend in to your site layout and still not be confused with site content. What an irony and tight corner Google has put publishers.

5. Google's strict policies
Very very very strict policies I mean. Unless you are very intellectual, Google will ban you over and over. The strict policies must be obeyed as regards site content, number of ads per page and placement, et cetera.

These are all for now. Great topic, OP. :hi:
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AK Horsfall
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Location: Port-Harcourt
 

April 1st, 2017, 10:43 pm

Wow you are really into online money making.
I'm a living success and from a Royal Priesthood.
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Key7
Senior
Location: Osogbo
 

April 1st, 2017, 11:06 pm

Good contribution @eMade

Come on guys.
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Key7
Senior
Location: Osogbo
 

April 3rd, 2017, 5:12 am

Talking of affiliate marketing, it doesn't make sense in Naija especially when it comes to Nigeria companies like Konga, Jumia, and many other online retailers especially when it comes to integrity and transparency.

Read online reviews. But the good news is that you can also sell for foreign companies like Ali express, eBay, or use cj commission junction, share a sale, and many more and still get your share.

About affiliate marketing
It's simply all about becoming a marketer of companies online, advertising and selling their products and services for them. You get an agreed commission or share upon each sale or lead.

You can promote their products you your own network - say via forums, facebook, twitter, instagram etc
Or you build your own website and sell through there. All in all, you get a share of the money you make. The product links you share contain special if Al tracking codes used to track every lead you generate to you.

The more you sell, the more money you make.

Understand?
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eMade
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Location: Abuja
 

April 6th, 2017, 8:03 am

Can someone give us a list of viable affiliate marketing sites online? Good ones o.
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abdullahikarbir1
Junior
 

April 11th, 2017, 8:42 am

You can also make money through creating ponzi scheme websites online.
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Chukwudozie
Newbie
Location: Anambra, Nigeria
 

April 15th, 2017, 10:38 am

Hmm nice information, I'm into one though it's not a business, referral program isn't easy o!
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Key7
Senior
Location: Osogbo
 

April 15th, 2017, 11:57 am

10 Most Common Ways to Make Money with Your Website:
Making money from your website isn’t easy. But these ten tips are probably your best bet.

1. Affiliate Marketing (.. and affiliate links)
2. Pay Per Click Advertising (Google Adsense)
3. Sell Ad Space
4. Sell Your Own Digital Product (Ebook for Example)
5. Accept Donations from visitors
6. Accept sponsored posts & articles (…but use nofollow tag)
7. Generate ‘leads’ for other companies
8. Build an ‘Email List’
9. Set up an e-commerce site (hard work is required)
10. Flip Your Websites (Create -> Sell -> Reinvest)

See others at Another 23 ways to monetize your website
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jonath45
Junior
Location: Ibadan
 

April 20th, 2017, 4:34 am

:thnk:

I have no interest in making money online however i simply make sites forums blogs then offer them for sale
CEO of Tcigroup and Administrator at http://wcoders.cf and Blogger at http://www.swiftdave.gq @jonath45 forever :)
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ujoh11
Junior
 

August 20th, 2019, 1:02 pm

Hello
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