HOW TO MAKE MONEY ONLINE WITHOUT SPENDING A DIME: How To Make Money Online In Nigeria

Monday, 30 June 2014

How To Make Money Online In Nigeria - Home Business Opportunities

Here is how to make money online in Nigeria with ease from the comfort of your home.

It is the very same strategies which I use to generate on average $2,500 (about N400,000.00) monthly on the internet without much stress. If you carefully follow this blueprint, there is no doubt in my mind whatsoever that you too cannot fail to witness a significant change in your bank account within as little as 30 days!

Some of the top paying home business opportunities which fetch me lots of money on the internet are as follows: Information / Affiliate Marketing:

Information marketing is one of the major ways which I use to make money on the internet. Information marketing simply means promoting, marketing and selling information materials presented in the form of e-books, hard cover books, videos, kindles, and other digital materials.

Affiliate marketing, on the other hand, simply means engaging the services of freelance marketers (or those I prefer to refer to as "foot soldiers") to help in the marketing of products and services. Most established internet marketers who specialises in the marketing of informational products often make use of affiliate marketers for the effective marketing of their products.

To give you an idea of how to make money from affiliate marketing combined with information marketing, let us assume that you create a product which sells for $50 (about N8,000).

Thereafter, you send out invitations to people from your website and through other websites for them to sign-up for your affiliate marketing business for the purpose of promoting your info-products at a 50:50 share of the proceeds of your products.

After a while of sending out the invitations, 100 persons register and become part of your affiliate marketing work group. During the first month of business, all your affiliate marketers sell at least one of your products (assuming that you have more than one).

While each of your affiliate marketers make $25 (about N4,000) each, you on your part make 100 X $25, totalling $2,500 (about N400,000). Cool, isn’t it? Certainly!

No wonder an internet marketing guru refers to this blueprint as:

“the only internet business that's capable of making you REAL money at the end of the day and not peanuts; a business that gives you all the time you may need to 'flex' and enjoy yourself like no other biz will ever do, an evergreen business that's very hot in demand, push the right button and people will queue up to beg you to collect their cash; a business you can easily set in autopilot, takes less of your time - set it up once, and all you may have to do again, except withdrawing your cash is to check on it once in a month. You see, take it or leave it, if you have ever made a dime online, or planning to... this is a business you MUST DO!”

Build A Website:

One of the foremost ways to make money online in Nigeria is to build a profitable website. The advantages of having a website include easy access to a global market and constant availability of an online business at all times of the day and during all days of the year to a worldwide audience.

As a result of this, having a website opens up more business opportunities to make more money online than through any other means. Additionally, having a website is a cost-effective way of generating multiple streams of income than just having only one as it is often the case with not having a website.

Even as an internet marketer operating an information / affiliate marketing home income business model, you cannot achieve much progress without having a website of your own. However, that is not to say that you can only make money on the internet if you have a website. You can also make money on the internet if you do not have a website.

However, the advantages of having a website far outweigh any perceived derivable benefits from not having one. That is the very reason why top earning internet marketing gurus all have websites of their own from where they primarily promote their informational products on the web.

Therefore, if you are serious about making money online, then you should seriously think about having a website too.

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how to start a successful business

Is your concept unique? Entrepreneurs start as small fish in a big pond. If you're planning to start a business, Contreras-Sweet recommends you ask yourself these questions: "What's my niche? How do I distinguish myself in the field? What's the innovation here? What am I fixing that isn't fixed today? "People want innovation," she says. "They're looking for a distinction, something new, something cutting-edge." Otherwise, you blend in with everybody else. Do you have barriers to entry? Consider whether someone can easily copy your idea. "What if someone comes along with more marketing resources and takes your work and makes it larger?" Contreras-Sweet asks. "Make sure you've trademarked it [and] registered it. What can you do to make yours special that somebody else can't do?" Choose an emerging market. In the tumultuous economy, "You want to be in a place that is growing. You want to be in a place where it has potential to have a long-term viability," she says You need a good network. Contreras-Sweet says your network should include your personal confidential network, like a good lawyer, accountant and marketer, along with friends and people who'll give you a discounted rate until you grow your business. Also network with what Contreras-Sweet calls "disciples of change"--people who're talking about and promoting your product and thus spreading the word about your company. You can create your network while still in your job, getting involved in organizations that include your target customers. If you're a government affairs consultant, for example, you might want to hang around legislators. If you're selling dolls, she recommends connecting with children's organizations. You have to have passion. "I call it passion, but it really is endless energy," Contreras-Sweet says. "You have to get up early, work late. It takes a lot of passion, a lot of energy; it takes a lot of yourself. I always say to women that we have to take care of ourselves first, so that we're refreshed--that we have the energy." "I find too many of us as women are so giving to our spouses, to our children, to our extended families, to our parents that we forget to take care of ourselves. So how could we possibly bring passion to the workplace when we're exhausted?" she asks. Instead, avoid draining yourself, and make sure you take care of yourself before taking care of everything else. Have good credit. In this downturn, people aren't managing their credit. You need to call creditors and rework your payment schedule or ask them to work with you on the interest rate. "You've got to maintain a good relationship with your creditors so that they don't mess up your FICO score. When I see businesses coming in here and, based on their FICO score, one person will have a credit card that's giving him a 7 percent or 8 percent rate and somebody else has a 22 percent interest rate on his credit card--because one person's not been paying on time and the other one has. That spread makes the difference as to whether that company makes it or not," she says. Good credit is also fundamental to getting loans. "When you have crummy credit, you have to go to private equity or angel financiers or venture capital. Then you're giving someone else a part of your company because you don't have enough credit to take out a loan." She likens equity capital to marriage. "Once you receive equity capital from somebody, you can't fire them," she says. "Equity partners are there for the long haul. You can't get rid of them that easily. They're part-owner of your business." Along the same lines, Contreras-Sweet advises would-be entrepreneurs to understand the financial inner-workings of their business. "Know how to price your product. Know what your margins are. Know what to set aside for research and development. Pay your bills on time," she says. "Master it before you delegate it to somebody else. You need to know as much as the CFO about how your biz operates and its financial condition." Since starting the bank, Contreras-Sweet has embarked on a long journey, but she's come a long way. "Starting a business isn't a sprint," Contreras-Sweet says. " It's a long, long run, so pace yourself."

HOW TO MAKE MONEY ONLINE WITHOUT SPENDING A DIME

Monday, 30 June 2014

How To Make Money Online In Nigeria - Home Business Opportunities

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