Have you been searching for the hottest and lucrative business ideas in Nigeria?
Do you want to conveniently make money directly from home?
If yes, then this article is for you!
A major barrier to many thinking of starting their own business is the perception that start-up costs are prohibitively high.
That doesn’t have to be the case! Digital Marketing Skill Institute has put together lucrative business ideas in Nigeria with small start-up capital, as well as a rundown of some low-cost digital business ideas in Nigeria.
Here are some profitable business ideas in Nigeria;
1. Copywriting Business Idea In Nigeria
If you’re looking for a business with low-cost start-up opportunity in Nigeria? If you’ve got a way with words and business nous, then you might want to adventure into starting a copywriting business here in Nigeria.
Whether in the form of direct mail, a web page or even a jingle, the copywriter’s job is to use persuasive language to sell or raise awareness of a product, idea or service – a skill that is very much in demand by some of the biggest brands in Nigeria and the world t large.
An intelligent and powerful copy can convince the casual consumer to switch brand allegiance, generate leads and supercharge sales – the success of a campaign hinges on the quality of its written content.
Requiring only an internet connection and a laptop
2. Social Media Marketing Business Idea In Nigeria
Utilizing social media to its fullest potential can propel a business to the next level — if done correctly. Yet the world of social media marketing is still new to many people and is constantly evolving in Nigeria. A lot of businesses today who claim to be social media experts have consistently made these social media mistakes without taking a look at the effect it has on their brand.
So entering the digital world can be intimidating to those looking to expand their online presence. For business owners who aren’t interested in handling social media marketing themselves, outsourcing is an option. And providing these social media services to other companies can be a business in itself.
If you’ve ever thought about how to start your own social media business, consider looking at existing social media companies in Nigeria.
These companies are social media management agencies and they basically specialise in maintaining the Facebook, LinkedIn, Twitter and blog presence for other businesses. Sometimes, these such companies also assist other business owners with planning social media strategy.
3. Blogging Business Idea in Nigeria
If you’re looking for the quickest and lucrative way to make money online, then the answer is blogging.
Blogging is turning out to an addictive part-time job for a lot of people around the world. Apart from being a great medium to express your feelings, expertise and experiences, blogs can turn into alternate means to earn some quick bucks.
Though blogging takes time before you can start earning big if you implement the right strategy covered in our training, you can start making money in less than six months.
With recession rocking the boat and intermittent layoffs and salary cuts – why not make some extra money through blogging. You need no special technical knowledge or literary abilities to start a blog.
4. Website Design Business Idea in Nigeria
Web design or development is another cool business that requires technical know-how to start making money legitimately online.
Deciding to start a web design or development business is no easy task. It requires a certain degree of diligence, tenacity, ambition to begin working for yourself and a lot more things you need to know before starting your web design company. You’ll be faced with some very hard decisions along the way that can impact the success and growth of your web design entrepreneurial venture.
Web designers aren’t required to have any specific training or certification as long as they have the skills to design a site. Although it’s not necessarily a requirement, a knowledge of coding and programming can increase opportunities and income. Web designers should have:
5. Email Marketing Business Idea in Nigeria
Over the next few years, the acceptance of e-mail marketing as a means of advertising is expected to grow and you can place your own company to take a substantial share of the market by starting your own e-mail marketing business now and offering your clients first class services with proven results that would keep them coming back and referring others.
Email marketing companies basically help small, medium and larger businesses connect online with existing customers to promote the sale of goods and services.
Outsourcing email marketing services allow businesses to focus on other areas of business development.
Starting an email marketing company requires skills in creating email content and design elements that persuade customers to immediately make a purchase. An understanding of Internet marketing is also useful when creating email marketing campaigns targeted at specific customers.
6. Content Marketing Business Idea in Nigeria
There’s no doubt that content marketing is dominating the digital marketing space. Rather than replacing SEO, social media or email marketing, it has become an integral component of each of these strategies and channels.
According to Wikipedia, Content marketing is a type of marketing that involves the creation and sharing of online material (such as videos, blogs, and social media posts) that does not explicitly promote a brand but is intended to stimulate interest in its products or services.
Content marketing is being used by 86% of businesses today. But effective content marketing? Not so easy to find. So, with this in mind…setting up an effective content marketing business shall thrive in Nigeria.
7. Digital Marketing Agency Business Idea In Nigeria
A digital marketing agency is different from your traditional marketing agency in that they are typically focused on results-based marketing in the digital world. Measurable marketing and ROI is the name of the game.
There are lots of average digital marketing agencies out there, and that has made choosing the right digital marketing agency a big deal.
With that said, you have to look at getting started with your own agency right away.
Running a digital marketing agency in Nigeria may not be easy as you think, just like any other business. You have to undergo various stages before you can say I have arrived.
The steps I am talking about involves series of challenges, and you have to be proactive enough to surmount these challenges and get your digital marketing agency running in Nigeria.
However, before proceeding to go to the digital aspect of it, you must have registered your digital marketing agency with the Corporate Affairs Commission. Afterwards, you are issued with a certificate of incorporation, as your RCC number, perhaps before building your website.
A lot of newly emerging digital marketers never had hands-on experience in digital marketing. They felt that they have gotten the skill and knowledge perhaps in using one or two digital marketing tools and for that reason, you go ahead to set up a digital marketing agency.