21+ New Online Business That Pays Daily In 2023

Are you ready to make a change in your life and start an online business that pays you daily in 2023? from Nigeria or anywhere you can

With the world of digitalization, technology and new emerging markets, there are now more than 21 new opportunities for anyone who wants to create an online business in Nigeria and become their boss with a business that pays daily

From starting a lifestyle blog or selling products on Instagram/TikTok to offering services such as consulting and freelance writing, there is something here for everyone no matter what your background or experience may be.

So take control of your future today by reading this post where we will discuss all the different ways that you can get started with these businesses in Nigeria that pay.

Is It Possible To Make Money Online?

Yes it’s possible, I remember when I started looking for information on how to make money online and found that many people in Nigeria had already achieved financial freedom by running their online businesses.

The main thing to remember is that you can make money online if you are willing to put in some hard work, dedication, and patience. It takes time and effort, but it’s worth it!

What is Online Business?

An online business is any business that sells a product or service online. It can be as simple as selling ebooks, clothing and accessories, web hosting services, digital products like music and videos, domain name registration, software applications and more.

You don’t need to have an office space or pay for extra staff to manage your online business. All you need is a website, some marketing skills, and a product or service to offer.

Why You Should Have An Online Business in Nigeria that pays daily

Low Start-up Costs:

An online business that pays in Nigeria requires fewer resources to get started compared to traditional businesses.

Access to a Global Audience:

With an online presence, you can reach people from all over the world rather than just your local community or city and create an online business that pays daily in Nigeria

Increased Visibility and Brand Awareness:

An online business that pays daily in Nigeria is one of the simple ways to gain increased visibility and Brand awareness as you will have access to thousands of people just by starting an online business

Easy To Measure Success:

With a legit online business that pays in Nigeria, you can measure how well you are doing by the amount of money you are making as making money online in Nigeria is majorly judged by the amount of money you made not just like and comments

Automation Capability :

Online businesses are highly automated with little human intervention required after setup which helps reduce costs associated with staff and labor hours

Unlimited Scalability :

Unlike traditional businesses where space constraints limit growth potential, online businesses offer unlimited scalability possibilities due to their digital nature

Increased Customer Loyalty :

Consumers prefer dealing with online stores because of the convenience and discounts offered by them

Competitive Edge :

The growing competition in the eCommerce industry means that it’s easier for new players to establish themselves if they approach it strategically

Flexibility :

Having an online business gives you the freedom to work from anywhere, anytime and you can do anything you want to

Low Overhead Expenses :

An online business eliminates many of the costs associated with traditional businesses such as rent, utility bills, taxes etc.

21+ New Online Businesses That Pay Daily In 2023

 

1. Affiliate Marketing

Affiliate Marketing is simply selling other people’s products on your website or blog post and getting commissions for the sales you generate.

You can also promote these products using Facebook ads and Whatsapp status and group marketing to get a lot of people to buy your products.

Affiliate marketing is a legit online business in Nigeria that pays daily

Examples of Affiliate Marketing Platforms in Nigeria include, Expertnaire, Stake cut e.t.c

What do you need to start affiliate marketing?

• A Facebook and WhatsApp account
• Good content writing skills to create engaging and informative articles.
• An understanding of how affiliate programs work
• Dedication and patience for long-term success
• Researching potential products and affiliates to work with
• Analytical skills to track your performance metrics
• Social media marketing capabilities for further reach

How much does it cost to start

With less than 10,000 Naira for running Facebook ads on your WhatsApp, you can set up your affiliate marketing business and start earning daily.

2. Dropshipping

For those who don’t know what dropshipping is, it is a business model where you create an online store to sell products that you don’t actually own or stock.

When customers place orders in your store, the orders are fulfilled in real-time by the supplier or the manufacturer and then shipped directly to the customer’s address.

What do you need to start Dropshipping?

• A Shopify store
• An understanding of how dropshipping works
• Dedication and patience for long-term success
• Researching potential products and suppliers to work with

How much does it cost to start?

Dropshipping can be started with very little capital and is a legitimate business model in Nigeria that pays daily.

All you need is N15,000-N20,000 to set up your store on Shopify and start selling products right away.

3. Blogging/Vlogging

If you have an interest in writing or creating videos, then blogging and vlogging could be great options for you.

This is one of the most popular online businesses that pay daily in Nigeria in 2021

What do you need to start Blogging/Vlogging?

• Good content writing skills for bloggers
• A video camera, lighting and editing software for Vloggers
• 
  Patience and dedication to creating engaging content
• 
  A website or blog to showcase your work
• Social media accounts to market your blog/vlog

How much does it cost to start?

Starting a blog or vlog doesn’t require much capital. All you need is a laptop and a reliable internet connection to get started.

You can earn money from advertising, sponsorships, affiliate marketing or offering online courses or services related to your niche.

4. Online Coaching/Consulting

If you have expertise in any particular field, then offering online coaching/consulting services is one of the best ways to make money online.

What do you need to start Online Coaching/Consulting?

• Facebook account to share your experience
• Whatsapp account to chat with interested individuals
• A website or blog to showcase your services once you start making money
• 
  Good communication and interpersonal skills
• 
  Patience and dedication to meeting clients’ needs

How much does it cost to start?

You can get started with as little as N10,000 to set up your website or blog. Once you have done that, you can begin offering your services in exchange for payment.

You can also use social media to promote and market your services.

 

5. eCommerce / Online Stores

Selling physical products online is one of the most popular ways to make money in Nigeria. You can create an eCommerce store or use marketplaces like Jumia, Konga and Amazon.

What do you need to start an eCommerce Store?

• – A well-designed website
• – A reliable payment processor such as Paystack
• – Good communication and customer service skills
• – Understanding of digital marketing and SEO
• – Patience and dedication to meeting customers’ needs

How much does it cost to start?

The cost of starting an eCommerce store will depend on the type of platform you choose. You can start with as little as N20,000 for a basic eCommerce website. You will also need to factor in the cost of product sourcing, marketing, and customer service.

6. Freelancing

If you have skills in writing, web design, programming or any other field that can be done online then freelancing is one way to make money on daily basis. You can use sites like Fiverr, Upwork, Freelancer and many others to offer your services as a freelancer.

What do you need to start Freelancing?

• – A computer and reliable internet connection
• – Good communication skills
• – Proficiency in your particular skill or area of expertise
• – Patience and dedication to meeting customer requirements
• How much does it cost to start?

It doesn’t require much money to start freelancing. All you need is your computer and an internet connection.

You can offer services in exchange for payment or use sites like Fiverr, Upwork etc which take a commission from your payments.

7. Digital Products

Another way to make money in Nigeria is by creating digital products such as eBooks, courses or software.

You can sell these products on your Facebook profile, WhatsApp profile or your website or through marketplaces like Udemy and Amazon.

What do you need to start selling Digital Products?

• – A computer and reliable internet connection
• – Good writing skills for eBooks
• – Programming skills for software development
• – Understanding of digital marketing and SEO
• – Patience and dedication to creating quality products

How much does it cost to start?

You don’t need much money to start selling digital products. All you need is a computer and an internet connection to get started.

The cost will depend on the type of product you are creating.

For example, if you’re developing software then there may be some additional costs associated with that.

8. Social Media Management

If you have a good understanding of social media, then you can offer your services as a social media manager. You can help businesses manage their presence on different platforms such as Facebook, Twitter and Instagram.

What do you need to start Social Media Management?

• – A computer and reliable internet connection
• – Knowledge of the various social media platforms
• – Good communication and customer service skills
• – Understanding of digital marketing and SEO
• – Patience and dedication to meeting customers’ needs

How much does it cost to start?

The cost of starting a social media management business is quite low. All you need is a computer and an internet connection to get started. You may also need to invest in some software or services that can help you with managing multiple accounts on different platforms.

9. Digital Advertising

Digital advertising is another great way to make money in Nigeria. With digital advertising, you can target specific audiences and generate leads for your business.

All you need is a computer, an internet connection and basic knowledge of online advertising platforms such as Google Ads or Facebook Ads.

What do you need to start Digital Advertising?

• – A computer and reliable internet connection
• – Knowledge of online advertising platforms such as Google Ads or Facebook Ads
• – Understanding of digital marketing and SEO
• – Patience and dedication to producing successful campaigns

How much does it cost to start?

The cost of starting a digital advertising business is quite low. All you need is a computer, an internet connection and basic knowledge of online advertising platforms.

You may also need to invest in some software or services that can help you with managing multiple campaigns on different platforms.

10. Online Tutoring

For those with teaching experience, you can offer online tutoring services. You will need to have experience in what you are teaching as well as good communication and customer service skills.

You can use video chat platforms such as Skype or Zoom to provide your services, or you can use WhatsApp and Facebook groups to host your teaching classes

What do you need to start Online Tutoring?

• – A computer/phone and reliable internet connection
• – Knowledge of the subject matter that you’re teaching
• – Good communication and customer service skills
• – Understanding of digital marketing and SEO
• – Patience and dedication to helping students learn

How much does it cost to start?

The cost of starting an online tutoring business is quite low. All you need is a computer or phone, an internet connection and basic knowledge of the subject matter that you’re teaching.

11. Virtual Assistant

If you have good organizational skills and customer service experience, you can offer your services as a virtual assistant. You will be responsible for helping clients with tasks such as scheduling appointments, answering emails and making travel arrangements.

What do you need to start Virtual Assistant?

• – A computer/phone and reliable internet connection
• – Good communication and customer service skills
• – Understanding of digital marketing and SEO
• – Patience and dedication to providing quality service

How much does it cost to start?

The cost of starting a virtual assistant business is quite low. All you need is a computer or phone, an internet connection, basic knowledge of the chosen services that you’ll be offering, and some software.

12. Graphic Design

If you have a talent for graphic design, you can start your own business providing services such as logo designs, website banners or social media graphics.

You will need basic knowledge of design software such as Canva, Adobe Photoshop and Illustrator to create your designs.

What do you need to start Graphic Design?

• – A computer/phone and reliable internet connection
• – Knowledge of the various design software programs such as Canva, Adobe Photoshop and Illustrator
• – Good communication and customer service skills
• – Understanding of digital marketing and SEO
• – Patience and dedication to producing quality work

How much does it cost to start?

The cost of starting a graphic design business is quite low. All you need is a computer or phone, an internet connection and basic knowledge of the design software programs.

You may also need to invest in additional software or services that can help you with creating your designs. Additionally, you may need to purchase stock images for creating logos or other graphics.

13. Video Editing

If you have a knack for editing videos and working with multimedia, then video editing could be a great business for you. You will need basic knowledge of video editing software such as Adobe Premiere Pro or Final Cut Pro as well as good customer service skills.

What do you need to start Video Editing?

• – A computer/phone and reliable internet connection
• – Knowledge of video editing software such as Adobe Premiere Pro or Final Cut Pro
• – Good communication and customer service skills
• – Understanding of digital marketing and SEO
• – Patience and dedication to editing high-quality videos

How much does it cost to start?

The cost of starting a video editing business is quite low. All you need is a computer or phone, an internet connection and basic knowledge of video editing software programs. Additionally, you may need to invest in additional software or services that can help you with creating your edits. Additionally, you may need to purchase stock footage for creating videos.

14. Copywriting

If you have a knack for writing, then copywriting could be a great way to start your own business.

As a copywriter, you will write content for websites and other online publications. You will need excellent grammar and creative writing skills as well as basic knowledge of SEO principles to ensure that your content is optimized for search engine visibility.

What do you need to start Copywriting?

• – A computer/phone and reliable internet connection
• – Excellent grammar and creative writing skills
• – Understanding of digital marketing and SEO principles
• – Patience and dedication to producing quality work

How much does it cost to start?

The cost of starting a copywriting business is quite low. All you need is a computer or phone, an internet connection and excellent grammar and creative writing skills.

Additionally, you may need to invest in additional software or services that can help you with creating your content. Additionally, you may need to purchase images or other assets for creating website content.

15. Social Media Influencer

If you have a large following on social media, then starting a business as a social media influencer could be a great way to make money.

As an influencer, you will promote products and services through your social media networks and help companies reach potential customers.

You will need excellent communication skills and knowledge of the latest trends in digital marketing to effectively promote products and services.

What do you need to start Social Media Influencing?

– A computer/phone and reliable internet connection

– An established presence on various social media platforms

– Excellent communication skills

– Understanding of digital marketing principles

– Creative ideas for engaging content

How much does it cost to start?

The cost of starting a business as a social media influencer is quite low. All you need is a computer or phone, an internet connection and an established presence on various social media platforms.

Additionally, you may need to invest in additional software or services that can help you with creating content and managing your accounts.

Additionally, you may need to purchase paid advertising campaigns to reach potential customers.

16. SEO Consultant

Help companies optimize their websites for search engines by using keywords and link-building strategies. You must have an understanding of SEO to do this.

What do you need to become an SEO consultant?

• A computer/phone and reliable internet connection
• In-depth knowledge of SEO principles and strategies
• Understanding of digital marketing and analytics tools
• Good communication skills to explain technical concepts to clients
• Patience in learning the intricacies of SEO algorithms
• Creativity for coming up with innovative ways to optimize websites
• Knowledge about link-building, content optimization, keyword research, etc

How much does it cost to be an SEO consultant?

This could cost a bit more than every other one, cause you need to pay for tools to learn this, some of the tools you will need include Ahref for understanding keywords research and backlinks, Surfer SEO for writing a blog post that ranks and an ai writing to like Jasper ai. All these tools could make it expensive to become an SEO consultant

17. Podcasting

Usually, anyone can launch a podcast and share their stories, opinions or expertise.

You don’t need any special equipment to get started – all you need is a computer/phone with an internet connection, audio recording software and a hosting platform.

What do you need to start Podcasting?

• – A computer/phone and reliable internet connection
• – Audio recording software such as Audacity or Garageband
• – Hosting platforms such as Anchor, Podbean, or Buzzsprout
• – Knowledge of podcasting equipment and techniques to produce high-quality audio recordings
• – An engaging topic with interesting stories to tell
• – Patience and dedication to regularly producing episodes really anyone can launch a podcast and share their stories, opinions or expertise.

How much does it cost to start Podcasting?

The cost of starting a podcast is quite low. All you need is a computer and internet connection, audio recording software and a hosting platform. Additionally, you may need to invest in additional equipment such as microphones

18. Voice Acting

With the rise of voice artists in Nigerian skits, you could create voice-acting skits that can be used by Instagram influencers to make their Instagram videos

What do you need to start Voice Acting?

• – A computer/phone and reliable internet connection
• – Professional audio equipment such as microphones, mixing boards, etc., for recording high-quality audio
• – A distinct voice for making nice sounds
• – An understanding of the different aspects of doing voiceover work
• – Knowledge of character development, timing and pacing for performing characters in video games or films
• – Professional coaching to develop your talent and skillset.

How much does it cost to start Voice Acting?

The cost of starting voice acting is relatively low. All you need is a computer and internet connection, professional audio equipment for recording high-quality audio, and an understanding of the different aspects of doing voiceover work.

Additionally, you may need to invest in additional equipment such as microphones and mixing boards or hire a coach

19. Cryptocurrency

Cryptocurrencies have become increasingly popular in recent years, with people investing large amounts of money into these digital currencies. If you’re knowledgeable about the cryptocurrency market and its trends, you could offer your services as a professional crypto investor to help other individuals make informed decisions about their investments.

What do you need to become a cryptocurrency trader or investor?

• – A computer/phone and reliable internet connection –
• – Knowledge of the cryptocurrency market and its trends –
• – Good understanding of analytics tools for conducting research, analyzing data and summarizing findings –
• – Ability to interpret complicated data into useful insights
• – Patience in collecting accurate information from a variety of sources
• – Financial background and experience with investing in the cryptocurrency market.

How much does it cost to start Cryptocurrency Investing?

The cost of starting a career as a cryptocurrency investor can vary depending on your level of experience, financial background, and knowledge of the crypto market.

Generally speaking, your journey to cryptocurrency investing may require some initial investments in software like Binance but overall the cost to start should be relatively low.

Additionally, you may need to invest in further education and training courses to help you build your knowledge and become a successful investor.

20. Email Marketing and Web Services

Create email campaigns for businesses and help them build relationships with their customers. Having an understanding of how email marketing works Design

Create and design websites for businesses, professionals and organizations.

What do you need to create Email Marketing and Web Design services?

• – A computer/phone and reliable internet connection
• – Understanding of email marketing strategies and tools (e.g., MailChimp, Constant Contact)
• – Knowledge of current web design trends Design
• – Familiarity with digital tools and platforms for designing websites (e.g., Wix and WordPress)
• – Knowledge of user experience design principles
• – Ability to create responsive and engaging website designs.

How much does Email Marketing cost to start?

The cost of starting a career in web design and email marketing can vary depending on your level of experience.

Most email marketing software allows you to start for free as you can be on their 14-30 day free plan to test things out

21. Consulting

Become a consultant in your field, provide valuable advice to businesses and charge them a fee for your services. This is one I have done personally and still doing.

What do you need to start a consulting service?

• – A computer/phone and reliable internet connection
• – Professional experience and knowledge in that field
• – Business contacts or leads
• – Ability to market yourself effectively
• – Good communication skills, both written and verbal.
• – Knowledge of locally and internationally accepted certification or credentials if needed
• – Ability to adapt to different cultures and business environments.

How much does it cost to start Consulting?

It just costs you have your data, computer or telephone and your access to Facebook to run ads or your Facebook profile to put your thoughts out there

 

22. Virtual Bookkeeping

Use bookkeeping software to manage the finances of businesses from home. If you are a trained accountant or take the account record training of Chioma Ifeanyi Eze, you can then offer virtual bookkeeping answering the same questions :

What do you need to start a Virtual Bookkeeping service?

• – A computer/phone and reliable internet connection
• – Knowledge of bookkeeping software (e.g QuickBooks, Xero)
• – Financial background and experience with managing finances for businesses
• – Ability to understand financial statements understanding of tax regulations and filing requirements.
• – Good communication skills, both written and verbal.
• – Knowledge of locally and internationally accepted certification or credentials if needed.

How much does it cost to start Virtual Bookkeeping?

The costs associated with starting a virtual bookkeeping business can vary depending on the size and scope of your initial investment could range from the cost of bookkeeping software and any necessary training courses to marketing and advertising costs.

Additionally, you may need to invest in web hosting services and website design tools. The overall cost of starting a virtual bookkeeping business can vary greatly depending on your level of expertise and needs.

An Online Business That Pays Me Daily

I was always looking for a way to make money while still being able to spend more time with my family. After exploring a few options, I decided to start an online business in coaching and consulting and it has been the best decision I ever made!

With this business, I can work from anywhere in the world as long as I have an internet connection. This has allowed me to relocate my family to Canada and enjoy the beautiful scenery here.

I started my business by offering one-on-one coaching sessions and group seminars around topics such as leadership, personal development, career advancement and entrepreneurship.

To reach more people, I also started creating content that would educate, entertain and inform people about these topics. Through this content, I was able to build relationships with potential customers who would turn into paying clients for my services.

One of the most important parts of running a successful online business is having a good understanding of digital marketing principles like SEO, email automation, paid advertising campaigns and social media management. Knowing how to optimize websites for search engines and create engaging content is essential if you want your business to be successful.

My online business has allowed me not only to relocate my family but also to make money daily! Each month I receive payments from clients who book either one-on-one sessions or join our group seminars which have proved incredibly profitable.

Additionally, through sponsored posts on various platforms like YouTube or Instagram, I can generate additional passive income which helps supplement my main source of income.

Overall running an online business has allowed me the freedom of working from anywhere in the world while still spending quality time with my family. It has also allowed me to earn money daily without any limits on what I can do or where I can live!

Frequently Asked Questions

Q: How do I start an online business that pays me daily in Nigeria?

A: You can start an online business in Nigeria by identifying a product or service you want to offer and creating a website or platform where customers can interact with your business.

Once you have this setup, look into digital marketing strategies such as SEO, email automation, paid advertising campaigns, and social media management to reach potential customers.

Q: What is the best way to monetize my online business?

A: The best way to monetize your online business is through offering services for clients like one-on-one coaching sessions or group seminars.

Alternatively, you could also create content around topics related to your field of expertise which will help attract more potential customers and generate passive income from sponsorships or affiliate links.

Q: How much money can I make from running an online business in Nigeria?

A: It depends on how successful your digital marketing strategy is but generally speaking there are no limits on how much money you can make when running an online business in Nigeria.

With the right combination of services and content creation, it’s possible to generate significant amounts of income each month.

Q: What do I need to consider before starting an online business in Nigeria?

A: Before you start your online business, it’s important to make sure that you have a good understanding of digital marketing and SEO principles.

You’ll also need to create engaging content, build relationships with potential customers, and be able to provide quality services that people can trust.

Additionally, it’s important to have access to the right tools and resources if you want your business to be successful.

Teacher, IT’s Conclusion

Starting an online business in Nigeria can be a great way to make money daily and have the freedom to work from anywhere.

To ensure your success, it’s important to understand digital marketing principles such as SEO, email automation, paid advertising campaigns, and social media management. Additionally, having access to the right tools and resources is also key for making sure that you are successful with your venture.

Affiliate marketing is a great place to start if you want to get into running an online business – it requires minimal effort but offers significant potential rewards.

If you’re ready to take the leap into affiliate marketing or need help getting started creating content or optimizing websites for search engines –

let us know! Our team of experts is here and ready to partner with you on creating a stellar plan that will drive sales by considering how customers think.

So what are you waiting for? Get out there and start building your profitable online empire today!

With these tips in mind running an online business in Nigeria can be a rewarding and profitable experience. With the right strategy, you can generate significant amounts of income each month while living the life you always dreamed of.