I will be giving you step by step guide on how to start an online business in a country like Nigeria and make your own money. There are several posts on the internet teaching people on how to start an online business and make money in Nigeria.
But the truth is that they want to excite you, by telling you what you want to hear, and failed to give you the practical terms on how to actually achieve this.
To start an online business in this country, and as well make money is not all that easy as it sounds, but in this article, I will be guiding you all the way to find out how you can start your own online business in Nigeria and as well, make your first $1000.
Read Also: 7 Online Business Opportunities in Nigeria
Steps to Starting Online Business
Below are some of the proven steps on how to start an online business in Nigeria:
1. You Have To Find A Problem And Be Ready To Solve it
If you are told that you can probably start an online business in Nigeria and also make money from such business without finding a problem that you can solve is kidding you.
Many business people often believe that looking for products first before they look for customers is the way to go in business, but that is not true.
That out of the way, in every business, there is something important to be taken into a conversation, and according to a digital marketer, Dean, when you divide supply by demand, the answer would be Supply/Demand Ratio.
In other words, once the supply-demand ratio is low, the fortune of such a business would be better. This also suggests more demand than supply, and that is why you can make more money in your online business once you have found your niche.
Read Also: 7 Online Business Opportunities in Nigeria
2. You Have To Create Your Product and Service or You Become Affiliated
After you have found your niche, and now you are ready to start your online business, it is now that you have to decide on whether to either create your product and your service or you want to affiliate to some other major companies.
And if your intention is to become an affiliate, then here are what to consider:
a. Your Choice Niche
There is no way you can find your niche in the area of health and then deal with Technological services or products as an affiliate.
b. Company reputation
There is a need to ensure that the company you are affiliated with is one with a good reputation. The purpose is to avoid being entangled with business law.
3. You Have To Build Your Landing Page and Website and Blog
You can use any of these methods in your quest to starting your own online business in Nigeria, and these methods are:
- Landing Page or
- Website or
- Blog
These methods have their own merit and demerit, therefore, it is left for you to choose from the above, the one that best suits your interest.
The purpose of the website or landing page or blog is to house your online products. Note that communication and conversion are always carried out online, and customers will want to access more information about your product or service. Make sure you register a domain name. A domain name has to reflect your product or service.
Read Also: 14 Places to Borrow Money Online Instantly in Nigeria
4. You Have To Write Your Sales Letter
Just as you will want to convince your client to do business with you offline, you can as well, apply the same method in canvassing for customers, that will patronize your online business you are about starting in Nigeria. The sales letter can be used for this purpose.
To start and succeed in an online business, you have to learn how to write rich content in keywords. I will recommend that you attend a digital Marketing Training School.
Below is Sales Letter format
- The things your business is offering
- Who are you offering them to
- Why do you think they should buy them
- What are they stand to lose, should they failed to buy
What discounts are you offering should they buy your products now.
5. Choose a Web Hosting Company
Since you actually to start and run on online business in Nigeria, there is a need for you to be hosted online. Therefore, find a company that will offer you these services:
- Provision of unlimited bandwidth and
- Provision of email accounts and
- Provision for support (very important).
- Promotion of your Website or Blog
This is very necessary, and one of the most important aspects, when it comes to starting an online business in Nigeria.
Without promoting your business, you may not have sales. It is incumbent on you to devise means of making sure that your business is promoted.
There are both free and paid channels, and to promote your business, you need an in-depth knowledge about Digital Marketing as well as, online marketing.
Read Also: 11 Ways to Make Money Blogging
Conclusion
To start an online business in this country, and as well make money is not all that easy as it sounds, but in this article, I have given you the most important and necessary way to find out how you can start your own online business in Nigeria and as well, make your first $1000.
