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10 FAST-MOVING BUSINESSES iN NIGERIA

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Photo by Connor Williams on Unsplash

If you want to know about businesses that move fast in Nigeria, read this blog post till end.

Transforming is the best word to describe the business atmosphere in Nigeria. With the introduction of technology, the business world has taken a completely different turn. Today, buying and selling are only a click away. It takes only one button on your smart device to buy anything from online stores.

This transformation has brought many business ideas and alternatives. This article will help you as you try to decide what business venture you want to go into with regard to the many alternatives that already exist.

Why is this necessary?

Because we do not want you to put your time and money on a venture that will not yield any plausible return or will take years to start yielding a return, to ascertain your curiosity, let us explain further.

Nigeria’s ever-growing population and the necessity for entrepreneurs to thrive, the venture choice has always been conflicting, as there are too many alternatives to choose from.

Often, entrepreneurs make a bad choice and spend years trying to break even. The impact of such bad choices only put these entrepreneurs at risk of bankruptcy.

In this article, we have exclusively selected business ventures that will limit all excesses that could result from making a bad venture choice. In doing so, we put a couple of factors into consideration. Let us share them with you and tell you why they are important.

  1. Ease of starting

Some ventures need a lot of start-up capital; for example, starting a clothing shop will require rent on the shop(space), transportation of items, and even more expensive if shipped. And there is a possibility of damage during transportation/ shipment. All these costs affect the level of returns and the time taken to have these returns.

  1. Degree of patronage

We also consider the amount of daily patronage that a business venture will get with consideration to people’s daily needs, in line with trends in things like fashion, food, technology etc.

Haven explained these important factors and how they affect the business sector in Nigeria. Here are the ten fast-moving businesses in Nigeria.

1. Transportation ordering business

Moving about is a major thing people do every day, from going to work to going to the market to going to school. Transportation is a daily need, and as such, patronage will be on a daily. The population in large cities like Lagos, Port Harcourt, Abuja, etc., aids this sort of business.

The ease of individuals ordering a ride from home without going to wait for buses at the bus stop, and having your ride take you to wherever you are going without having to stop at bus stops, is a new trend that people buy into regularly.

 The transportation ordering business is a very lucrative business in Nigeria with an ever-growing population.

2. Food ordering business

Like the transportation ordering business, the food ordering business is also a daily necessity since people must eat daily. Isn’t that interesting?

People now order food from the comfort of their homes. Venturing into the food ordering business is a plus for you.

3. E-shop/ Affiliate marketing

The e-shop/ affiliate marketing requires only your smartphone or laptop. It does not even require start-up capital. Yeah! You heard that right.

Affiliate marketing only requires that you register with an online shop like Amazon, Alibaba, Aliexpress, Jumia etc. and order goods straight to your customers from the wholesaler. The juicy part is;  that you don’t buy to resale, you sell your customers directly from the wholesaler and still make your profit. There is no chance of running a loss at all.

In our subsequent articles, we will be exclusively showing you how to register and kick-start an e-shop/ affiliate market. Keep your fingers crossed!

4. Restaurants

Restaurants are also very lucrative businesses, especially in populated areas. Since people must eat, most people don’t have the time to cook at home, so they usually opt for restaurants to get their meals.

Starting a restaurant is quite tasking, but the high rate of patronage makes up for all that effort.

5. Computing business

Computing businesses such as web design, graphics design and programming, and typing and printing have proven to be the new trend since many other businesses always require these services to thrive in the market.

Almost all businesses and companies in today’s Nigeria need flyers, websites, and mobile apps to optimize their service delivery. This means that the service of computing is always in special need. Consider learning one of these skills.

6. Farming

Farming has three categories: crop farming, animal farming and fish farming.

A crop like cassava has always been and will always be very important to Nigerian society since its major food, Garri, is processed from this particular crop. Cassava is also used to make flour. Apart from cassava, other crops like rice, beans, yam and millet constitute the basic Nigerian food items.

Animal farming is lucrative as well since milk, chicken, beef, cheese, etc., are all gotten from animals. These kinds of products attract daily sales in every market.

Fish farming, just like crop and animal farming, gets the same traction since fishes also constitute Nigerian food.

7. Fashion

Undoubtedly, Nigeria’s ethical and regional diversity is based not only on language but also on fashion. Fashion has always been a norm in the Nigerian space. Nigerians believe that the better you dress, the more you are able to show people that you are faring well. That is why they will readily patronize fashion houses.

Even more important is the incorporation of the Nigerian fashion style into the global fashion market, making it one of the focuses of exportation. This has so far made the fashion business in Nigeria a lucrative one.

8. Sports betting business 

Nigeria’s passion for sports, especially football, is second to none. The fan base that football has generated in Nigeria now gives entrepreneurs the leverage to monetise sports through sports betting.

Since almost everybody loves sports, most people just bet to show their support for football clubs. Bet9ja, BetKing, and other betting platforms are doing so well in Nigeria.

9. Pharmacy business

This is very funny, but Nigerians are number one when it comes to self-medication.

But even if we don’t consider self-medication, due to the population density in Nigeria and the need to fight common diseases like malaria and flu, pharmaceutical businesses never lack customers.

10. Catering business

Nigerians are also known for their celebrating lifestyle. This is why a Nigerian will celebrate birthdays, weddings, anniversaries, childbirth, and child dedication with many invited guests.

If you are a caterer in Nigeria, be ready to make hundreds of cakes, thousands of meat pies and small chops every weekend. Isn’t that good news?

Conclusion

Many business opportunities are available in Nigeria. If you are about to start a business, consider the ease of starting and the patronage you’ll get daily. You can always contact us for advice in putting your business together.

Please, do let me know if you have any questions, contributions or contrary opinions about this information. Simply leave comments below. I would really love to hear from you. 

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10 PHONE ACCESSORIES BRANDS TO SELL AND MAKE MONEY IN NIGERIA

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Source: Jide Odukoya & Techpoint

If you want to start a phone accessories business in Nigeria full-time or as a side hustle, but don’t know the best brands to buy and make good money from, this post is for you. 

In this blog post, you will learn about the top ten brands of phone accessories to sell and make profits from. 

Some time ago, I published a post about how to start a phone accessories business in Nigeria. People who want to go into the business find it really helpful.

I later discovered that people need more help on where to buy and the wholesalers/importers to buy from. This make me to went further to create an ebook— a complete guide on how to start phone accessories. It includes contact details details of importers in the two biggest phone accessories markets in Nigeria, Alaba International and Computer Village. 

Like most people going into business newly or starting a side hustle that involves selling physical products, making profits becomes easy when one knows the best products to stock and resell to customers. 

As somebody who has been in the phone accessories business for years, I know for a fact the importance of having knowledge of the best products to buy and resell to customers to make good profits. 

Business is prettily simple for me. I work to figure out how people spend their money. Once I discover what they want, I provide them at scale and make money. 

The phone accessories business is lucrative for everyone in Nigeria. It’s evident in Nigeria’s growing number of active mobile phone users. 

People buy phones every day. They need one or more accessories to enhance the functionality of their phones. Some of the accessories like screen protectors need to be replaced once damaged. They need to replace their chargers 

These reasons make the phone accessories business worth going into in Nigeria. People buy phone accessories every day in Nigeria. And if you can position yourself well in this business, money will keep flowing to your side. 

I have taken my time to gather this list of the top ten brands of phone accessories. Not that there are no other ones, but these ones have stood the test of time.

Let’s go!

1. SHPLUS

When it comes to picking and selling original chargers and cables to customers, Shplus is on top of the list. 

Shplus chargers and cables are of good quality that people love to buy because they serve and are worth their money. 

There are different types of Shplus chargers and cables. The fastest one for a single USB charger is 9A. It charges fast and serves long. The cable is thick and strong. Unlike the regular ones that got broken after little usage.

If you are looking for the best chargers and cables to stock in your shop, go for Shplus. 

2. Oraimo 

No doubt, Oraimo is the top trending phone accessories brand in Nigeria at the moment. The adverts for their products follow you everywhere you go both online and offline. 

You know that 2baba is the celebrity face of the brand. This is among other reasons why the brand is getting a lot of people’s attention. 

However, the post here is about how worthy are Oraimo products for business. Do they worth stocking? Can you make good profits from them? Do they last? To some extent, yes. And I will provide my reasons for saying this and tell you about some of their products. 

Oraimo has chargers, power banks, cables, handsfree, car chargers, wireless chargers, wireless earphones, Bluetooth speakers, fitness trackers, smartwatches, etc. 

Their products are of good quality, however, the profit margins on some of them are low. You can make good profits on their chargers, cables, wireless earphones, and car chargers. The gains on their power banks, smartwatches, fitness trackers, and Bluetooth speakers are low. 

The main reason for this is because Oraimo is running adverts online to sell to end users directly. They have already determined the prices you can sell the products, and people have them on their minds. So, you may not be able to sell higher than the rates they are selling to consumers. 

But I won’t lie to you. Customers do like to buy their products. You can stock more of the aforementioned profitable ones than the ones with low-profit margins. 

Where to buy it? 

You can buy original Oraimo products directly at the stores of the authorised dealers in Nigeria. They are located in the two big phone accessories markets in Lagos, Alaba Market and Computer Village Ikeja. 

Do you need help with this? Check the contact page to reach out to me.

3. TWS

TWS mainly manufactures inexpensive to averagely expensive wireless earphones. Their products are of different series. They are manufactured to copy Apple AirPods. 

They last long and are worth their money. And the profit margin per one, if you are selling to consumers, is 100%. For example: when you buy a product for N3, 000, you sell it for N6, 000. 

Customers love to buy them because they have models that look like Apple AirPods 2. When people put them on their ears, they fit in perfectly and deliver quality sound almost like Apple AirPods. If you don’t anyone, anyone won’t have an idea of what you put on. 

They have series like i7, i8, i9, i12, i18, i22, i99, etc. The higher the series number, the better the quality. 

I would tell you from my experience that you should not sell series below i12. Anything lower than this gives issues. One ear may not turn on. One may not connect. One may be turning on and off by itself.

 To return items back to the markets will take your time and transport fare. Save yourself from these. Simply stock series from i12 upwards and you will thank me later.  

Where to buy: 

You can buy TWS earphones in bulk at good rates at Alaba International Market, Ojo, Lagos. But if it’s too far for you, Computer Village, Ikeja, Lagos is good, too. 

I published an ebook on how to start a phone accessories business in Nigeria, there are verified contact details of importers and wholesalers in both two big markets to buy phone accessories in Nigeria. You can read more about the ebook here

4. FOXCONN

Foxconn is the best brand of iPhone cables in the market. It lasts long, charges fast and doesn’t burn phone circuits like some cables. 

If you want to buy iPhone cables to resell to customers, go for Foxconn cables. Not only that it’s quality and your customers will like them, but it’s also profitable for you too. You make 100% profit, even more selling to end users. 

Obviously, if a product is of quality, there will be counterfeits in the market, but with knowledge, you can easily spot the fake ones from the original. And I will give you an easy tip to identify original ones. 

The part of the cable that you plug into phones must be magnetic. As you are going to the market to buy phone accessories, you can carry a small piece of magnet to test the cables before you make a purchase. You just need to put the magnet on the part of the charger you plug into the phone. If it attracts the magnet, that means the cable is an original one. Fake ones don’t attract magnets. 

Furthermore, the good sellers of this brand in the market simply called the cables magnet. When you tell them you want to buy magnet iPhone cables, they already know what you are talking about.

Where to buy:

The best place to get the original Foxconn cables is Computer Village, Ikeja, Lagos. There are more original ones in this market than Alaba International Market. I’m not saying that you cannot buy at Alaba, but if you are not familiar with the market, you will come back home with fake ones.

In my published ebook, how to start phone accessories business in Nigeria, the number one contact on the list of the verified wholesalers in Computer Village sells original Foxconn cables. He also sells original iPhone accessories. You can read more about the ebook here and how to get one. 

5. SAMSUNG

Samsung needs no introduction. It is one of the most innovative technology companies in the world. The companies manufacture tech products and gadgets to make life easy for people. 

Samsung also manufactures quality gadgets and accessories. Accessories like chargers, handsfree, cables, Bluetooth speakers, headsets, buds, etc. 

Not all Samsung products are profitable. And some people run away from the products because they are perceived to be expensive. This makes people run away when they hear the name Samsung.  

However, there are still Samsung accessories you can sell and make good profits from. Samsung has one of the best available PD (fast) chargers in the market. Their neck bands too can be sold and make money from. Chargers, corded earphones, and headsets are all good. Do not near the Samsung fitness tracker and smartwatches because they don’t sell fast like that. 

Where to buy it?

Computer Village, Ikeja and Alaba International Market. 

6. LONIO

Lonio has one best power banks and PD chargers in the markets. Their products deliver results beyond expectations. 

If you want to buy a good power bank brand that your customers will keep coming to buy more, go for Lonio any day any time.

Lonio also has a multi USB socket to charge gadgets. It’s good for people who have multiple gadgets to charge at the same time.  

I prefer Lonio power banks to Oraimo’s any time, any day. The weight of the power bank doesn’t determine the quality for Lonio. The most important thing is the powerful battery packed into the banks. 

Where to buy:

The best place to get the original Lonio power banks, sockets and PD chargers is Computer Village, Ikeja, Lagos. Most of the ones you come across at Alaba Market are copies, not 100% original. 

In my published ebook, how to start phone accessories business in Nigeria, the number one contact on the list of the verified wholesalers in Computer Village sells original Lonio products. In fact, he is among the top importers of products in Nigeria. You can read more about the ebook here and how to get one. 

7. HUAWEI

Huawei is one of the most innovative technology companies in the world. Huawei changes so many people’s perceptions about Chinese products–which are perceived to be low-quality products.  

Huawei produces phones, tablets, routers, cables, smartwatches, chargers, switches, fitness trackers, etc. I cannot name all here. 

Huawei fitness trackers are more profitable than their smartwatches. The chargers, cables, and USB sockets can be sold. If you stock these Huawei products, you will thank yourself for doing so. 

Where to buy it? 

Computer Village, Ikeja and Alaba International Market. 

8. NEW AGE

The new age is an indigenous mobile accessories brand in Nigeria. The company manufactures accessories such as power banks, chargers, earphones, wireless chargers, wireless handsfree, etc. 

I bet you know the New Age through their power banks and J.J Okocha’s adverts. New Age is well known for its power banks, meanwhile, the company manufactures other products too. 

According to New Age, they are on a mission to build a world-class phone accessories brand targeted at customers’ satisfaction through innovation. How true is this? Let’s move on.

I can beat my chest that you should only sell the product the New Age is popularly known for–which is the power bank. People demand the power bank more than their other phone accessories. Not that other products are not of good quality, but your business is to sell what people want to buy and make good profits. 

Where to buy it? 

The new age power banks can be bought from the dealers at the Alaba International and Computer Village Ikeja. 

9. RECRSI

Recrsi is a good brand of phone accessories to sell in Nigeria. They produce quality products at good rates for resellers. 

At the moment, Recrsi doesn’t have an office in Nigeria. They don’t have any authorised dealers, but only importers who bring in their products from China. 

The best Recrsi product you can sell is chargers and cables. They have one of the fastest and strongest 3.1A USB cables in the market. 

If you are looking for good phone accessories brands to sell in Nigeria, add Recrsi cables and chargers to your list.

Where to buy it? 

Alaba International Market is the best place to buy Recrsi chargers and cables. 

In my published ebook, How to Start Phone Accessories in Nigeria, on the list of the verified sellers at Alaba Market, the number one wholesalers imports original Recrsi cables. Read more here.

10. JBL

JBL produces some of the best Bluetooth speakers in the market. If you want to pick a brand of Bluetooth speaker to sell to your customers, go for JBL, you will not regret it. 

There are two different types of JBL speakers: the original ones and the copied ones. The copied ones are not fake, but not as quality as the original ones. The original ones are much more expensive and most customers don’t buy them. This implies that you should stock more copied ones as many people can afford to buy them. 

Another thing you must take note of is that you should know the differences between the original ones and copied ones. This will prevent you from buying copied ones at the price of original ones from the market. More so, it will prevent you from making mistakes while selling to customers. 

To know the original ones is not difficult. Ask the seller to give you the two. Power them on. Inspect their body properly. Play the sound and listen attentively. When you spot the differences, note them down, and ensure that you don’t forget them.  

Where to buy it? 

The JBL speakers can be bought from the wholesalers at the Alaba International and Computer Village Ikeja. 

Wrapping things up 

Now you have the top ten brands of phone accessories you can sell and make good profits from in Nigeria. Also, you have more ideas about how to start a phone accessories business in Nigeria, where to buy phone accessories in Nigeria, and how to identify good products. Picking what accessories to sell is no longer an uphill task if you act with the information in this article. 

The mentioned phone accessories brands are not the only available ones. As it is impossible to list everything here this is why I pick ten among them.  There are other brands like Anker, Tecno, AKG, T&G, Zealot, Advance, Lenovo, iTel, Xiaomi, Meigou, etc. 

Do not hesitate to reach out to me if you need any guidance in starting and growing any legal business in Nigeria and Africa. 

You can read more about my book on how to start a phone accessories business in Nigeria. People find it really helpful because they have been able to begin their accessories business journey and make a good income. 

Please, do let me know if you have any questions, contributions or contrary opinions about this information. Simply leave comments below. I would really love to hear from you. 

Please, subscribe to our  YouTube channel, like our Facebook page, follow us on Twitter, join our WhatsApp group,  and subscribe to our Telegram channel to stay updated.

Also, please, don’t forget to click on the social media icons below to share this post with people.

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HOW TO START A LUCRATIVE UK/US USED PHONE BUSINESS IN NIGERIA

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Are you thinking about how to start a lucrative UK/US used phone business in Nigeria? In this blog post, you will learn about how to start selling UK/US used phones and make good money.

Seriously speaking, UK/US used phone business is one of the lucrative businesses anyone can go into in Nigeria today. 

Ever since the introduction of the mobile network to Nigeria in 2001, millions of lives have been transformed for the better. 

There are so many business opportunities that have come out as a result of having a mobile network in the country.

 It’s impossible to name all here but I will provide some information about businesses that have sprouted up as a result of the mobile network introduction.

Phone accessories business, phone parts business, phone repair business, network engineering business, phone logistics business, etc, won’t be existing without a mobile network.

You all know how we used to communicate before this era of mobile phones. Things have changed.

If you are seriously serious about starting UK/US phone business in Nigeria, nothing can stop you from making money except yourself.

As our population in Nigeria is increasing, the number of active mobile phone users never declines. It follows the population growth.

 This business will never run out of customers. And no matter the number of players, the market is big enough for everyone to take his/her share of it 

Different buyers have different reasons for buying used phones in Nigeria.

Some buy UK/US used phones because they cannot afford to buy new ones. 

Some buy people they feel it’s cheaper than new ones. 

Some buy because they feel they get better deals than new ones. 

Some believe the European specifications of gadgets are quite better than African’s. And all their reasons are valid. 

If you read this post till end, you will know how to start the UK/US used business and make it profitable. 

Let’s get started!

What is UK/US used phone business?

The UK/US used phone business involves buying UK/US used phones in bulk and selling to retailers or consumers in units.

Some sellers do import the used phones from countries like the US, the UK, Japan, and Dubai themselves, while some buy in bulk from wholesalers and importers in Nigeria.

Smart business people ensure that they buy clean, good and trending phones in bulk at low rates, then resell them to make good profits. 

And if you want to make money selling UK/US used phones in Nigeria, you need to know about what phones to buy and what phones to not buy and what price is the best for your business.  

How profitable is the UK/US used phone business in Nigeria?

The business of the UK/US phones in Nigeria is profitable and the market is quite big.

 Nigerians spend huge money to acquire gadgets. According to reports, Nigerians are the largest users of mobile phones in Africa. 

With this number, you don’t have to worry about getting customers for your business. There are more than enough people to patronise your business.

How much can you make from this business? By selling a single phone, you can make up to N10, 000 even more. It depends on the specifications of the phone, how much you got it, how clean it is, and the number of willing buyers. 

There are sellers in Computer Village, Ikeja, who make an average of N50, 000 in profits daily selling UK/US used phones to people. Some make more than this. 

Where to buy UK/US used phones in bulk in Nigeria?

If you are running a business that’s involved selling physical products like phones, it is a must to know where to be buying them at low prices, and resell them to make profits. 

In Nigeria, there are two big markets where you can buy UK/US phones in bulk and resell them for good profits.

The two markets are Computer Village Ikeja, Lagos and Alaba International Market, Lagos. 

There are numerous wholesalers and importers in the two markets who sell used phones to wholesalers and retailers. Proper findings have to be done to know the genuine sellers to buy products from. 

Getting to Computer Village is easy if you know how, and you can ask people for directions. 

Anywhere you find yourself in Lagos, board a bus to Ojota. Alright at the bus stop at the pedestrian bridge. Ask anyone at the bus stop where to get a bus to Computer Village. Drop at the last bus stop. You are at the market. 

This is how to get to Alaba International Market Lagos from anywhere you are in Lagos: board a bus to Oshodi, alight at the last bus stop on Oshodi/Apapa Expressway, board another bus to Mile 2, alight at the last bus stop, then enter Alaba International bus and alight at Volks Bus Stop. Cross to the other side of the road. Ask anyone that you are looking for Keke to Alaba Market. Take the Keke and it will drop you at the market. 

It takes knowledge and smartness to navigate through the two markets: Computer Village and Alaba International Market. 

If you have never been there for the first time, it’s advisable that you go there with someone who knows the market. This will save you the stress of falling prey to the hands of swindlers and thieves who take advantage of the newcomers in the market. 

Do you need assistance on how to navigate through the market? Click here to send a message on WhatsApp.

What are the best brands of mobile phones to buy?

To sell UK/US used phones in Nigeria and make good profits, one has to know the best brands of mobile phones to buy that have good second-hand value. 

Know that as you are in business and selling, you are building a reputation for yourself and your business. If it’s good, you will stay long in the business, and people will keep on recommending you. 

However, you will not benefit from this if you sell crap. A satisfied customer is the best advert for your business. 

These are the best brands of mobile phones you can buy and resell in Nigeria. 

  • Apple
  • Samsung
  • Huawei
  • Nokia
  • HTC
  • Asus
  • Google Pixel
  • LG
  • Sony
  • Xiaomi
  • Oppo
  • Motorola
  • Lenovo
  • Vivo

How to import UK/US used phones into Nigeria?

Another method of getting good UK/US used phones to resell and make good profits is by importing them. 

You can import used phones into Nigeria on platforms like eBay, Alibaba, and OfferUp

To ship your goods from the platforms as mentioned earlier, you will need to have an agent handling your shipping for you. 

Chrisvicmall is a reliable agent you can use to ship your goods from Chinese websites like Alibaba, 1688, and Taobao without a problem. 

Click here to register on their website. The website is user-friendly, and you will see all the information you need on the website to import goods down to Nigeria. Do you need any assistance? Chat with me on WhatsApp.

How much do you need to start UK/UK phone business in Nigeria?

The amount you need to start a UK/US used phone business in Nigeria depends on how big or small you want your business to be. 

Starting without renting a shop means you won’t need much capital like someone who is selling in a shop. 

The rent rates vary too. It depends on the location and size of the shop. Shops in markets are more expensive than the ones outside. 

With N2m, you can start reasonably. However, if you are selling without renting a shop—you are selling used phones to people online, you don’t need this much capital. 

Most people who sell gadgets and accessories as a side hustle in Nigeria sell online to people. And the business can be started with as little as N50k.

Step-by-step guide on how to start UK/US phone business in Nigeria 

To start the UK/US used business in Nigeria, here is the step-by-step guide to follow:

Step 1: Prepare a business plan

The first step to starting a UK/US used phone business in Nigeria is preparing a business plan. 

A business plan is one of the most crucial steps in starting a business. A solid business plan will act as a framework for future guidance and growth of a business.

The business plan will help you to have a guide for your UK/US used phone business in Nigeria, and if anything goes wrong, you can always have where to return to. 

It doesn’t cost a fortune to get a tailored business plan ready for your business in Nigeria if you cannot write one for yourself. Talk to me and I will help you to make one ready for you and guide you on how to make them work.

Once you are done with this step, you can move to the next one

Step 2: Get your capital ready

This is the capital step–the money step. Your capital has to be ready here. Some parts of it will go into paying rent for your shop. Some parts of it will be used to set up the shop. Some parts of it will be used for sourcing the UK/US used phone you want to be selling. While some will be used for marketing and advertisement. 

The capital you need to start the UK/US used phone business depends on how big you want your business to be, and the investment you want to make in the inventory. 

If you don’t have much to start the business, you can start with anything you have and reinvest the profits back into the business to grow your capital base. 

It is not recommended to start a business with a loan in Nigeria. You can take loans to scale up the business. But this must be after the business has shown signs of growth. 

Have you got your capital ready? Move on to the next step.  

Step 3: Rent your shop

If you want to be selling your products in a physical shop anywhere in Nigeria, except if you own the space, but if you have none, you need to look for a shop in a busy location or market to rent. 

When it comes to renting shops for businesses in Nigeria, The mistake many people make is renting the wrong shop for a good business.

When there are no good sales as envisioned, they conclude that the business itself is a bad one–which is not. Meanwhile, people are making millions every day from the same business they are complaining bitterly about. 

Get the right shop at the right rate in a good location to make your business thrive. After this, you can proceed on to the next step.

Step 4: Source your products 

There are mainly two means of sourcing UK/US used phones to resell to customers in Nigeria. You can buy UK/US used phones from wholesalers/importers at the Alaba International Market and Computer Village, and you can also import them by yourself through the aforementioned websites. 

This step is also crucial to the growth of your business and must not be taken lightly. Three things you must ensure you get right when sourcing for your products are: the used phones must be fully unlocked, must be neat to some extent, and must be in good working condition. 

Step 5: Market your products 

Once you’re done sourcing your products, now it’s time for marketing. If people don’t know about what you sell, and how it can benefit them, they will not exchange their hard-earned money for the products no matter how good they are.

There are inexpensive online and offline marketing strategies that can be used for your business. One of the cheapest among them is listing your business on Google Maps. It costs nothing to do but works effectively for local businesses like yours. 

People have become so comfortable using Google to search for anything. They search for meals to eat, good barbershops near them for haircuts, pharmacies close to them to buy drugs, etc. 

If they search for ‘UK used phone sellers near me’ and your business comes up in the search results, there is a high possibility that they will buy from you if you give them a good deal. 

Renting a good shop in a suitable location is also a marketing strategy. If your shop is in a place where people can access it easily when they pass by they can notice your shop and what you sell, and anytime they want to buy you will be the first that will come to their mind.

Step 6: Sell to people 

Finally, you are at the final step of the guide on how to start a UK/US-used phone business in Nigeria. 

All previous steps taken are purposely generating income for the business and this will be impossible without making sales. No sales, no revenue, and without revenue there can never be anything called profits. 

Sell your products to people who want them. Look for them online where they can be found and you advertise to them. 

You can create a Facebook page, Instagram page and Twitter page for your business. Regularly, you will be updating the pages with pictures of your products.

Jiji is also a good online marketplace for a business like yours. Create and promote advertisements for your products for a certain fee to reach millions of people.

If you get all these steps right, be assured that success in this business is guaranteed. 

Wrapping things up

UK/US used phone business is a lucrative business for anyone who is ready to swim in the ocean of business, even with little energy. If done correctly, it can put you on a path of financial freedom because it has done so time and again for many people and you can join them if you are ready. 

Please, do let me know if you have any questions, contributions or contrary opinions about this information.

 Simply leave comments below. I would really love to hear from you. And if you need any assistance, send a message to me on WhatsApp.

Please, subscribe to my YouTube channel, like our Facebook page, follow us on Twitter, and subscribe to our Telegram channel to stay updated.

5 Lucrative Side Hustles You Can Do On Your Smartphone

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Photo by bruce mars on Unsplash

If you are looking for lucrative side hustles you can do on your smartphone, you are on the right page. 

In this blog post, I will be revealing six lucrative side hustles you can start with your mobile phone without quitting your day job, and without working your ass off. 

Do you know that you can run some side hustles on your smartphone? As in you can make money on the side with your smartphone with no stress. 

One of the opportunities the Internet presents to us is being able to work anywhere we want to, and being able to carry our hustles everywhere we go. 

It doesn’t stop there. Now, there are millions of good jobs that have been created as a result of the invention of smartphones and mobile internet networks. Now, you can use your smartphone to run multiple hustles. 

There are people in Nigeria who earn a decent income online every day by using their mobile phones with an internet connection.

 See, they make good money without leaving the comfort of their home. No stress. No traffic. No sweaty commute. And they work less than 3 hours on most days. 

In Nigeria, one of the things that push people off when they want to start a side hustle or they hear about side hustles is they think it’s another job. 

So, they assume that having a side hustle means having another job. And by adding a job to an already tiring or draining job of theirs, they can’t survive that kind of burnout lifestyle.

With a series of evidence, I can prove to you cogently that side hustles are not meant to stress you. They are not meant to burn you out. Not to take your whole time. By their nature, they are meant to be carried out on the side to earn additional income. 

And some side hustles can be turned into full-time business later on. They can be scaled to the stage where you employ people to work with you and pay salaries. 

Without wasting your most precious asset—time, I will be revealing to you six lucrative side hustle you can start with your smartphone. 

Let’s slide in! 

1 Data vending and airtime conversion

Data vending involves the selling mobile Internet data bundles to people who need them to surf the web. To connect to the the Internet, we all need Internet data. We cannot access the world wide web without it. 

There are millions of active Internet users in Nigeria. They use available mobile networks for internet access. 

MTN has the largest number of subscribers, then Glo, then Airtel, and finally 9Mobile. 

Think about the number of people you know who use Intenet. Think about how much they spend every month on subscriptions. 

Would it be bad if you are the one selling data to like 70% of them and you are making like N50, 000 in profits every month? 

What if you increase the number of your customers by selling to people in your area? How about taking the hustle to the Internet to reach a large audience. 

The beauty of the hustle is you can sell to anybody anywhere. You simply transfer the data to their line and get paid. They don’t have to be in front of you. 

I know of someone who started the data vending business during the COVID-19 lockdown because she lost her job. She used to earn N60, 000 in salary. Less than a year after she started the business, she makes N125, 000, even more, every month. And she can always make more. The more people she sells to, the more the money she makes.  

How to start?

You need like N5, 000 to start the business. You can even start with less, but it’s better if you start with like N10, 000, N20, 000, N50, 000—so that you won’t be filling your wallet every time. 

You don’t need to be buying data directly from mobile networks. Even if you want to, you need a huge capital—millions to start. 

You will be sending data to your customers on the online platforms of sub-dealers and dealers after you’ve registered with them. 

You need to have a bank app or payment service bank mobile app for funding your wallet and receiving payments. 

If you use a traditional bank mobile app, you will be paying charges every time any transaction is carried out on your account. 

The best banks to use are the new digital banks because you send and receive money for free. Opay, Eyowo, and Kuda offer the best. 

What are the online platforms?

There are secret online platforms where you can get internet data bundles at cheap rates to resell to your customers.

I reveal these secret platforms and their nitty-gritty to only business-minded people. And I also offer one-on-one online training for people who want to start this business for a small fee. 

Ready to start? Click here to chat with me on WhatsApp

Airtime conversion involves buying already loaded airtime on the lines from people and reselling them to people or airtime dealers at profitable rates. 

These days, people load airtime on their lines from their bank accounts. At times, they accidentally over-recharge their lines. 

Imagine someone who wants to load N2, 500, but mistakenly adds a zero to the figure making N25, 000. This is a headache for the person! You can be of help. 

Your business is to buy the airtime from the person at the discounted rate of 20% off. 

N1, 000 worth of airtime will be sold to you for N800. The person will simply transfer the airtime to your line and you pay him as agreed. 

So how do you make money from this? 

There are three different ways: you can resell the airtime to people, you can resell to airtime dealers on their platforms/fund your data wallet with it, and you can resell at a discounted rate of 10% off to people.

What are the platforms to sell the airtime to? 

Some of the platforms are data vending platforms. They cannot be found easily. They are secret websites people use to make money daily. And they don’t like to share any information about them. 

But if you are ready to learn about this and you want to start a data vending side hustle with your mobile phone, I will reveal all the secrets to you in one-on-one online training. With a small fee, you can begin the journey of making money with your mobile phone. 

Are you ready to start? Click here to chat with me on WhatsApp. 

2 Freelance writing

Freelance writing is another side hustle you can start with your smartphone in Nigeria. 

Freelancers are independent workers who offer their services to companies and individuals on a contract basis.

Freelance writers create written content for clients. Their services are blog article writing, social media page content, copywriting, content marketing, ghostwriting, etc. 

They are not tied to a client. No full-time work agreement. They work and charge per project delivered as agreed. They work when they want to work. They work with who they want to work with. They work at the time they want. And they set their rates themselves. 

Freelance writers can attend to clients’ needs anywhere they are so long they have an internet connection to their smartphone or computer.  

If you enjoy writing and you have a good command of the English language to an extent, you can start this hustle with your mobile phone today. 

You just need to learn the basic terminologies and how to carry out research on any topic given by your client. 

After this, you can sign up on freelancing platforms to get jobs from people.

Since it’s a side hustle, you don’t have to stretch yourself too thin. You can specialize in blog article writing alone. 

This is how to get clients easily: check for popular blogs you know or unpopular ones. Check for the information on how to contact the publishers of the blogs. Send mails to them that you can be creating good content for their blogs on a regular basis. 

Most of the publishers pay per word. It can be N1 for a word, or N2, or N3, even N10. 

As a starter in the hustle, you can start charging low to get clients, and as time goes on you can increase your fees to make more money and work less. 

There are people who are full-time freelance writers in Nigeria and make serious money. 

The founder and CEO of Sabiwriter started as a freelance writer. Today, he owns a writing company and has people creating content for companies and individuals globally. 

Do you need assistance on how to start this hustle? Click here to send a message to me on WhatsApp

3 Smartphone graphic design

Gone are the days when you must own a computer and have expensive software installed on it before you can start the craft of graphic design professionally. Now, things have changed. You can do a whole lot of designs on your smartphone. 

Graphic design needs no introduction except you are just coming out of a cave. 

Graphic designers design visual elements for screens and prints.

The demand for skilled graphic designers is high because businesses are shifting from operating traditionally to online. They need graphic designers to design fliers, ad banners, and logos to sell their products and make money. 

Not all businesses can afford to have in-house designers. So, this reason makes them opt for freelancers for their design jobs. They pay per job.

How to start? 

Except if you are already a designer, you need to learn the basics of graphic design, and how to do it on your mobile phone. 

You need to learn about the basic principles of design like hierarchy, colour harmony, balance, scaling, and typography to start the hustle. 

However, you don’t need to stress yourself about how to learn all this. If you can spend just N1, 000, you should take this course, Smartphone Graphics Design Course by Emmanuel Adamu

The course is solely based on how to design graphics with smartphones. You will learn everything you will need to know to start the hustle and make money for yourself. 

Over 1500 people have taken this course. Personally, I have recommended this course to like 10 people and all of them have no single issue with it. The course delivers its promise of taking you from novice to design expert. Ready to start? Take the course here.

4 Dropshipping 

Let me explain how dropshipping works in the simplest manner: you find a wholesaler/supplier who has products you want to sell in stock. You get the price per item. You take the pictures and descriptions of the products. You advertise them online. 

When someone makes an order for any product and pays you, you pay the supplier and forward the details and delivery address of the buyer to him/her. 

The supplier delivers the products. You keep the profits. And all can be done on your smartphone. 

If you wanted to start dropshipping five years ago, it was almost impossible because the wholesalers have not tapped into the dropshipping business model. But as online business awareness is increasing day by day, a lot of people have come into it. 

If you are looking for a lucrative side hustle you can start with your mobile phone, consider dropshipping today. 

Need suitable suppliers/wholesalers, I can recommend some to you. Click here to chat with me on WhatsApp 

5 Smartphone videography and photography 

All of us know about the profession of videography and photography. Before, practising the craft, you need to purchase good and expensive cameras like Nikon, and Canon. 

Now, as technology is advancing every day, our smartphones are getting built with better camera lenses. They can capture pictures more clearly now.

When you do some editing with mobile apps, people won’t believe it’s a smartphone that you use mainly to produce such pictures. 

Same thing with videography. You can learn the basics of the effects of light on video and picture production in no time. 

You can offer your services to people who want to do video adverts for their products online. 

There are many YouTubers and TikTok influencers now too. They need the services of people like you. You can be helping them to shoot for a fee. You need to have a smartphone with a good camera. 

With your smartphone, you can be making cool money on the side. Are you confused or you don’t know how to shoot with your smartphone? Take this course. You will learn all you need to know to get started. 

6 Social media page management 

Digital marketing cannot be completed without social media marketing. Now, businesses are using social media networks to reach people and engage their customers. They also use them for customer care services. 

Most businesses are too busy to maintain and manage their social media presence. Not all can afford to employ a digital marketer. 

What they do is outsource. They hire freelancers who can be doing the work for them and they pay as agreed. 

If you have good communication skills and know how to manage social media pages, you can start rendering the service to those who need it and get paid. With a smartphone in your hand and an internet connection, you are good to go. 

Wrapping things up

These are six out of some of the lucrative side hustles you can do with your mobile phone. 

There are other lucrative ones like affiliate marketing, YouTubing, social media influencing, Amazon KDP, information marketing, online forum management, cryptocurrency trading, cryptocurrency exchange and P2P, etc. 

Some required some sort of learnings to begin. Some are more difficult than others. While some of them also make more money fast than others. 

You just need to choose the one that you enjoy and is not stressful for you to have as a side hustle. 

If you need any assistance, you can check the contact page for information on how you can reach me. And I will be glad to assist you. 

Please, do let me know if you have any questions, contributions or contrary opinions about this information. Simply leave comments below. I would really love to hear from you. 

Please, like our Facebook page, follow us on Twitter, and subscribe to our Telegram channel to stay updated.

Also, please, don’t forget to click on the social media icons below to share this post with people.

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5 Good Reasons Why You Should Start Using Opay for Your Hustle

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Opay
Image credits: Opay

If you want to learn about why you should be using Opay for your hustle, you are on the right page.

Who doesn’t like to save costs? No one. In fact, smart people always look for means of cutting down the cost of everything they want to pay for—if possible. 

Whether it’s a side hustle or a full-time business, no matter how small it is, you’ll be receiving payments in the form of bank transfers from your customers. 

Bank or mobile transfer makes making and receiving payments to be easy for parties involved. It’s good for the economy too because money travels faster than before.  

We are in a cashless era and it’s good for us to make more money for ourselves. Receiving payments has become so easy, and it has made trading become borderless. 

Gone are the days when you had to visit a bank branch to make a local transfer, and the receiving account may not be credited till bank closing hours. 

Now, you can have a customer in Portharcourt while you are in Abuja. In less than 60 seconds, the payment has been deposited into your bank account and the business deal is done. 

However, the transactions come with costs. Transfer charges, electronic levies, account maintenance fees, stamp duty, etc. 

If your business is the type that receives bank transfers regularly, at the end of the month, by the time you calculate the bank charges, you will see how much you’ve spent on payments alone. 

It is worse if you are using traditional commercial banks for payments. They squeeze every penny out of the transactions.

 You need a better payment service, and Opay (Paycom) is the answer. Not only that all your transfers will be free—no charges, but also there are numerous benefits for your finances. 

Let’s dive in: 

1. Free transfer to all banks in Nigeria

The number one reason why you should start using Opay for your hustle is you will be making free bank transfers to all banks in Nigeria. 

The free transfer of Opay doesn’t mean that the service will be slow. In fact, it’s 2x better and faster than your typical commercial bank with outdated software. 

When you make a transfer with the Opay app, in less than 60 seconds, the receiving party will be credited except if there’s a delay from the receiving bank. 

Also, the Opay app tells you if the account has been credited and the payment has been sorted. This makes tracking of payment to be effortless for you. 

There is no sort of headache when receiving payments from customers too. It’s very fast and you will be notified on the app instantly. No charges at all. 

I used to make and receive payments with one traditional commercial bank like that. The bank messed me up one day when I needed to make quick payments. I couldn’t open my app. I couldn’t perform any transaction. 

This makes me look for a better alternative as I don’t want to use any other bank app because all of them are the same. 

What pushed me out of the bank service quickly was the charges I incurred for the last month on the app. I was debited close to eight thousand naira in charges in a month! Too much for me! 

Ever since I switched to Opay for payments, I have no regrets. You can also sign up here and earn up to N9, 000 in benefits immediately after you come on board. What are you waiting for? Sign up for free here

2. Income generation 

Another thing Opay does better than all banks in Nigeria is income generation through the app. How does this work? 

When you have money on your Opay app wallet and you turn OWealth auto-invest on, around 11 pm to 12 am in the night, your balance will be automatically transferred to the OWealth wallet. 

No matter how little the amount is, you earn returns on the money and it’s up to 15% per annum and the payment is daily. 

As of now, there is no bank in Nigeria that does this. When you save your money in a traditional commercial bank, the bank uses the money for business, but they pay you nothing on your money, instead, you will be seeing debit alerts for charges. 

Do banks care about you and your money? No. Switch today and sign up on the Opay app now. 

3. Hit your saving goals

The beginning of wealth building is savings.

Every smart person knows he or she must save at least for rainy days.

If someone works and earns income but doesn’t save money, it will just be as if money is just passing through him or her. Nothing to show for his or her efforts at the end of the day. 

You need to pay for rent. You want to replace your electronic gadgets. You want a new home. You want to start another business or side hustle. You want to save for an emergency. You need to have savings to make this possible.

Opay makes this easy for you to achieve with their saving goals, and you earn 17% returns per annum on the money saved. There is no bank in Nigeria that offers this. 

4. Access to quick loans 

Businesses need money to scale, operate and serve customers better. At times, it requires that the business owners take loans to achieve some business aims. 

Most SMEs in Nigeria have no access to credit facilities no matter how little the fund needed is. This slows down business activities and stunts growth. 

Opay makes it easy for individuals and businesses to get loans quickly at their fingertips. Unlike commercial banks that require you to have collateral and a good credit record. 

Having access to quick loans up to a million naira will not only help your business but also makes you grow fast. 

5. Amazing deals and offers

If you want to enjoy unparalleled financial deals and offers with full benefits as a hurdle who is smart with his money, Opay is your sure plug. 

You earn daily on your savings. You get cash-back every day if you have more than N5, 000 in your wallet. 

When recharging airtime, data, and electricity units on the Opay app, you get amazing discounts and it saves you money. There are other benefits that cannot be fully listed here. When you sign up, you will see them yourself. 

What are you waiting for? Sign up now

Wrapping things up

Now you have five good reasons to use Opay for your hustle. It will not only make payment easy for you, but it will also make running your hustle stress-free. And you won’t have to bother about unsuccessful transactions.

Please, do let me know if you have any questions, contributions or contrary opinions about this information. Simply leave comments below. I would really love to hear from you. 

Please, like our Facebook page, follow us on Twitter, and subscribe to our Telegram channel to stay updated.

Also, please, don’t forget to click on the social media icons below to share this post with people.

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How to Start a Lucrative Pharmacy Business in Nigeria

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Photo by Franki Chamaki on Unsplash

Do you want to learn how to start a lucrative local pharmacy store business in Nigeria? You are on the right page. 

If you spend a little time here, your eyes and mind will be opened to one of the money-making businesses in Nigeria that is also recession-proof. No bad economic weather from this business.

Do you know that Nigerians spend over N300 billion every year on malaria treatment alone? 

Let me tell you my personal story: in the town where I spent my childhood, my father owned a chemist store. After the school hour, we were presented with only two options: to spend the remaining hours of the day in his shop or my mother’s shop. 

I prefer my mother’s shop to my father’s own because of some reasons best known to me. But, as fate had it, I spent some time in his shop too. 

Right from my childhood, I have been a curious person, and I always question things, patterns, environments, and rules—just everything. 

What’s this, what’s that. Who is this, who is that? Why this, why that. And this has taught me a lot. They say curiosity is one of the most important habits to have in this life. 

Spending time in his shop made me have an idea about how money is made in the business. And the profitable the business is. The ROI, the margin, and the most sought-after products. 

In the town, there were abundant mosquitoes and inadequate drainage systems. They treated malaria a lot because of mosquito bites. 

They were majorly farmers and traders, and few of the town’s men were office workers. They bought painkillers like water. And they treated typhoid too. 

I never heard my father make any complaint about sales. No matter how little, the flow of income was always there. 

My research informs me that a lot has not changed. These are the illnesses people treat most of the time in Nigeria now. 

The profit margin on most the brands of medicine is 50%. There are some scarce drugs that they make up to 100% of gross profit. 

There are some drugs you buy for N1, 000 and you sell them to consumers for N1, 500. Some are even sold for N2, 000. Do you see how profitable the business is? 

If you can start and run this business, I’m encouraging you to go into it now. The business is very lucrative when it is set up and managed properly.

In this blog post, I will present you with good information about how to start a lucrative pharmacy store business in Nigeria.

Let’s dive in!

What’s the pharmacy business?

The pharmacy business is a retail kind of business where you sell prescribed and nonprescribed medicine to people who wants to buy at profitable prices. 

Customers walk into your store and make orders for the kind of drugs they want to buy, and you sell to them at the price higher than what you bought.

There are over 240 million people in Nigeria. They buy drugs every day. They have one or two illnesses to take care of. Can you see huge opportunities to make money? 

Why starting a pharmacy business in Nigeria

Nigeria is a big market. There are more than 240 million people living in Nigeria. They buy things they want every day—which drugs are among the basic necessities to make life worthy to live for them.

The pharmacy business in Nigeria is very lucrative. It’s a multibillion naira market. If you position yourself well with innovations, you can take a good share of the market and make serious money you may never have thought about in your life.

It’s encouraging to start the business because recessions do not affect it. If people don’t have money to buy drugs, they solicit it from family and friends. They even go to the extent of taking loans from banks. This means regular patronage is sure for your business. 

There are many people who have been placed on recommended drugs for life. if they want to stay alive and healthy, they must be taking certain types of recommended drugs and supplements. 

Old age comes with health issues. Old age is not kind to everybody. Most of the old people you see around nurture high blood pressure and they must not joke with their drug intake except they are tired to live. 

A lot of them forget to buy their drugs on time before they are finished. If you have like hundred old people that buy hypertensive drugs from you, imagine how much you will be making. 

If you are innovative in your business, you can be reminding them to buy drugs when they are about to finish them. You can be doing home delivery too. 

I deal with old people in business. They will gladly recommend your pharmacy to their friends and family members.

Our population in Nigeria is growing. New babies are born every hour in the country. 

Babies need drugs and supplements immediately they step into this world. Young couples don’t know much about the right drugs to buy. 

You can help them with this when the needs arise, and guess what? They will be your customers for life.

You should start a pharmacy store business in Nigeria because of its potential. There is no limit to the level you can grow the business to. The business can serve as an agent of change in society. You can start so many other businesses beneath the pharmacy store. 

Most of us feel the need to contribute better to society naturally. You can make a good impact on the lives of people through this business. You save lives and encourage healthy living. 

You can become a multi-billionaire in this business. If you want to become seriously wealthy in life, the pharmacy business can pave the way for you. If you are in doubt, look around and research, you will read about many people whose lives have become better because they started this business. 

Step-by-step guide on how to start a pharmacy business in Nigeria

I assume you don’t know much about the pharmacy business in Nigeria. This is why I’m laying down the easy-to-follow step-by-step guide on how to start a lucrative pharmacy business in Nigeria. If you follow these steps and take the required actions, you won’t only make serious money in this business, but you will also be happy. 

1. Register your business

The first step to take when are ready to start a pharmacy business in Nigeria is to register your business. You can register your business/company name only, and you can as well register as a limited liability company. The latter is more expensive than the former. 

One of the advantages of having a limited liability company is your business is open to investors and partnerships. You can take loans from banks. Your business will be regarded as a proper business. 

The Corporate Affairs Commission is the government agency in charge of the incorporation of companies in Nigeria. They have offices around the country. They are mostly situated in the state capitals. 

The good news is that you can now register your business name yourself without needing the help of a lawyer or an agent. All can be done on the CAC website. 

But in the case of registering a limited liability company, you will need help from a lawyer or an agent.

However, if you find the business name registration difficult to do on your own, kindly seek help from an expert. It will save you time, and will also prevent you from making mistakes that cannot be corrected later on. 

Do you need help with the registration of your company/business? Please, click here to reach out to me, and I will gladly assist you. 

2. Get licensed

You need to have a license to run a pharmacy business anywhere in Nigeria. Truly, pharmacists are the only people permitted to open a pharmaceutical store in Nigeria. However, as you are not a pharmacist, you can partner with one to secure the licence. You will be using his certificate in your store, and he will stand as the owner of it. 

The cost of this depends on what you agree on with him/her. And mostly, the agreement is reviewed and renewed every year. 

Pharmacists Council of Nigeria issues a licence to the pharmaceutical store owners in Nigeria. They inspect stores and ensure that owners abide by the code of operations. 

One of the things they check for on their visit is the availability of at least a pharmacist in the store. You must have at least one you can call when the need arises. 

A pharmacy store must also be at least 20 metres away from another pharmacy.

If you have a huge capital to start, you can consider going for a franchise. It will reduce the stress of securing a licence and looking for a pharmacist to partner with. You will just make the payment, sign an agreement for the franchise, and start the business. 

The likes of Medplus, Pharmplus, and Healthplus give franchises to people who want to go into the business. They have rules and regulations and requirements. If you are able to meet up with them, they will come and inspect your store and brand it for you.

3. Have a business plan

The place of a business plan in your business cannot be filled by anything else than the business plan itself. Its importance cannot be overemphasized especially in a multimillion naira business like this. 

A business plan serves as a guide, and compass to your business success. It’s a document you can always go back to if you want to audit your business. 

It explains everything in detail on what to do, when and how. 

You need to have a business plan for your pharmaceutical business. 

There is no need for you to worry about preparing a business plan for yourself. You can seek the help of an expert. 

As a consultant for businesses and individuals, I help people to craft workable business plans to record success in their business endeavours. 

Need a business plan? Click here to chat with me on WhatsApp. 

3. Get your capital ready

To start a pharmacy business in Nigeria, you need to have the capital to begin. And it has to be reasonable enough to cater for business needs at the beginning.

You need money to secure a license from the Pharmaceutical Society of Nigeria. You need money to rent a shop/store. You need money to stock up on products. You need money to arrange your shop/store. 

The capital you need varies. It depends on how big you want the business to be. 

However, you should have like N3 million naira in place. And do not take loans. Money can be raised from families and friends and through partnerships.

When you are done with this step, you can move on to the next step.

4. Rent a store/shop in a good location

You need to have a physical shop/store if you want to run a pharmacy business in Nigeria.

A store/shop has to be rented in a good location to make money from this business in Nigeria. 

What kind of shop do you need for this business? It should be a shop/store in an open place where people can easily locate and access with no difficulty at all. 

Customers must be able to describe the place to people in a few sentences. 

Do not get me wrong. You can sell online as well, but people tend to like a place where they can easily branch more than just an online store. 

When you finally rent a place, as you are selling there, you can be selling online too. 

5. Set up the shop/store

Now, you are in the setting up phase. You set up the shop for products and business for customers. You construct shelves or you buy ready-made metal ones to display drugs. You label each section and arrange them accordingly. 

The malaria drugs should be displayed beside typhoid drugs. And antibiotics should not be far too. You put a name on each section of the shelve. 

The tables, the chairs, the waiting chairs, the electronics, I think you should have an idea of what a pharmacy looks like. 

Once you are done with setting up the shop, you can proceed to the next step.

6. Stock up the store/shop

This is the buying phase. You stock up on the products you intend to sell in your store/shop. But how do you get the products? There are mainly three ways of getting drugs to sell in Nigeria. 

You can buy from pharmaceutical companies directly. You go to the company and make orders for drugs. And once your order is ready, you will be notified. 

This is good if you are buying in large quantities as pharmaceutical companies don’t answer small quantities customers. They refer them to their field marketers.

You will just arrange for the motor to convey them to your place. Though, some pharmaceutical companies handle the logistics themselves. 

This is better for pharmaceutical shop/store owners as they won’t be stopped and harassed by the police. When police see branded pharmaceutical company motors, they don’t bother to query them. 

You can also be buying drugs from the Lagos Island market called Idumota. The place where drugs are sold at wholesale prices is not too far from Oba’s palace. 

Anywhere you are in Lagos, board a bus to Adeniji. Then take another bus from Adeniji to Idumota. Tell the conductor or driver that you want to alight at where they sell medicine in bulk. Now, you are there. 

You can also be buying from pharmaceutical companies’ field sales reps and marketers. They will be visiting your shop anytime they are in your area for sales and marketing. 

After buying the drugs to sell in your pharmacy store/shop, you can now place them on your arranged and labelled shelves. After this step, the business is almost set. Let’s move 

7. Promote the business

Welcome to the final step of how to start a pharmacy business in Nigeria. The final step is the promotion stage. The main aim of promoting the business is to make sales to bring profits for the business. 

How can you promote the business? Actually, the promotion of the business began on the day you rented the shop/store because having your shop in a good location is one of the available evergreen methods of promoting your business. 

You should have a signboard with your name on it for people to notice your store/shop no matter how small it is. And it should be a modern one that has bulbs in it for night display. 

You should not forget to add your business on Google map. Nowadays, people google search anything. When I do keyword research, I see sentences like “Barber near me”, “pharmacy near me”, “pharmacy store in Ikeja”, etc. 

Imagine how much this will be bringing in for your business if your page gets displayed on the first page of search results. Once you have a customer, he will always come back except if the drug is fake or expensive. 

More so, you can step ahead of your competitors by offering free malaria tests to people. See, no one is totally free from Malaria in Nigeria. It is just that some people have it low, while some have it high. 

If you run a test on 10 people, there is the possibility of 9 of them having malaria. After the test, you sell malaria drugs and antibiotics to them lower than what they buy. 

They already know the price. They will perceive this as a favour if you sell to them inexpensively. 

Then you tell them to come and get multivitamins three days after they complete the dosage. You can even collect their phone numbers to remind them. 

Not all of them will show up, but you will definitely make some money, and the rest we remember your shop when they want to treat malaria again. 

You can design eye-catching flyers, and put them in hospitals, restaurants, food canteens, and supermarkets around you. This will enable many residents to know about your business and what you are offering. 

There are so many many things you can do to promote the business. If you act on the aforementioned ones, you will make money surely–consistently. 

Wrapping things up

Starting and running a pharmacy business is lucrative for anyone if the necessary actions are taken at the right time. All businesses in this world have one or more challenges. Facing them makes a thing to be worthwhile. 

I can guarantee you success if you do all you are supposed to do, running a pharmacy business in Nigeria

Please, do let me know if you have any questions, contributions or contrary opinions about this information. Simply leave comments below. I would really love to hear from you. 

Do you need my assistance on anything? Send me a message, and I will gladly assist you.

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5 Lucrative Businesses to Start with N50k in Nigeria

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If you are looking for lucrative businesses to start with N50k in Nigeria, you are on the right page. 

When people want to go into business, one of the questions they ask themselves is would my capital be enough to start? Yes, this is a good one. 

An aspiring entrepreneur needs to know how much s/he is investing to begin a business. 

You also need to ditch the thought that you need huge capital to start all business. Not true. In fact, there are so many businesses you can start in Nigeria with little capital. 

Really, there are some businesses that you can start with N50k in Nigeria today. All of them are not small businesses but can be started with N50k on a small scale. 

While the returns you get from some of them are determined by how much you invest in the stocking of goods or inventory. 

Undoubtedly, starting a business with small capital in Nigeria has never been easy. You just have to summon the courage and begin your entrepreneurial journey. The time to start is now. 

I will be revealing five businesses to you now. Let’s go.

1. Phone accessories business

The phone accessories business does not need much introduction, but if you are just coming out from a cave, you may not have any idea about the business.

The phone accessories business involves buying accessories like chargers, earphones, and power banks from companies or distributors or importers or wholesalers and selling them to retailers and final consumers. 

You buy phone accessories in bulk and sell them to retailers and people in the quantity they want. Simple. 

Surely, the phone accessories business is not a small one. It requires huge capital to start as a wholesaler and big-time retailer. 

However, you can start with as little as 50k on a small scale. 

You just buy essential accessories like chargers, cables, earphones, screen guards, and adaptors, get a small show glass to display in a shop or a space or sell online. 

The profit return on each item is mostly 100%, even more. This is a good profit margin. 

There are two big markets where you can buy phone accessories in Nigeria: Alaba International Market and Computer Village Ikeja.

 If you are living far away from Lagos, you can buy at any wholesale shop close to you. 

More so, I have reliable people who are in the business in Lagos, Nigeria. If you are starting with a little budget like this, I can assist you to get good products and get them delivered to your location

If you are looking for a lucrative business to start with 50k in Nigeria, you should consider the phone accessories business. 

If you would like to know the nitty-gritty of the phone accessories business in Nigeria, I have a good ebook for it. You can read more about the book here. 

2. Data and airtime vending 

Data and airtime vending involve using smartphones to dispense airtime and Internet data bundles to people. It is a virtual top-up kind of business that can be done and you can have your customers anywhere.

If you have a smartphone, you can start this business with 50k, even less in Nigeria. This is another business you can start with 50k in Nigeria. 

There are online platforms that sell data bundles and airtime to resellers at low rates.

 When you sign up on any of those platforms, verify your account, and fill your wallet in minutes, you are ready for the business. 

Some of these platforms have other services like cable tv subscriptions, electricity unit vending, exam pins sales, etc. 

You will wonder why airtime vending in this age when people have abandoned the paper recharge card and load airtime directly from their bank accounts. 

Let me explain this to you: the way you will go about your airtime vending will be different, and if it is done correctly, you will be making decent profits nonstop.

If you look at the profit percentage on the online platform you are using for data vending, it is not up to 5%, except for Glo airtime only. If you do this only, you can’t make anything at all. 

This is the way: have you heard of airtime conversion before? I assume you may have, but I will explain the business part of it to you. 

Airtime works this way: you will be buying airtime from people who mistakenly over-recharged their line from their bank account. 

It happens to people a lot, and it’s a painful problem to solve by buying from them. 

They will simply transfer the loaded airtime on their line to yours. You will buy from them at 80% or less–it depends on how desperate they appear. What do I mean? 

Assuming they are transferring N1, 000 worth of airtime to you, you will buy it for N800 only. That’s 80%. 

You can make use of the formula to quicken the calculations: 0.8 X (the airtime value). When you buy airtime at this rate, you sell to people at 90%. They will be happy to buy from you because you are helping them to save money. 

Need information about the platforms to use? Click here to chat me up. 

3. Affiliate marketing business

Affiliate marketing is another business you can start with 50k in Nigeria. What is affiliate marketing? You may ask. 

Affiliate marketing involves marketing and recommending products and services to people in order to earn commissions. 

Affiliate marketers earn a certain percentage of the price of product/services per sale, per lead, and per click generated as income. 

Most affiliate programs pay per sale generated. For example: If an affiliate program pays 25% per sale generated, and the price of the product is N5, 000, this means the affiliate marketer will earn N1, 250. 

You would say this is small, but it’s a different kind of earning method, unlike physical products.

 The earning method here is completely passive–no exchange of your time with money. I’ll explain this further. 

It’s an online kind of business you can run from anywhere you are. No need for the office. You don’t have to be at a particular place at a particular time before you can run. 

The 50k will go into acquiring knowledge and setting up the necessary tools and systems you need for the business to make it profitable. 

If you are a total newbie, and you know nothing about the business, the first thing is to acquire sound knowledge to build solid foundations. 

Below are well-recommended courses you can take to begin the journey now. Click on the images below to view the courses. 

If executed properly, affiliate marketing can be a pathway for your financial freedom. It fetches you income for life, and you don’t have to be working on it every time. 

Need assistance? Reach out to me 

4. Product distribution business

If you know of good consumable products like–foods, snacks, and cosmetics–made by a company or an individual, you can partner with the company to distribute the products to retailers or consumers. 

You can start this business with as little as 50k. This is a goldmine. You might have not heard it before. 

You only need to market the product to retailers once. The rest is supply. 

Once they finish selling the stocks, they will contact you for supply. But you don’t have to wait to hear from them. You can simply call to ask if they want to be supplied. Simple. 

You can be reinvesting the profit back into the business to grow your capital base. Before you know it, you are a big-time distributor with companies. You have staff working for you. 

Looking for a lucrative business to start in Nigeria with 50k, try this business out. 

5. Egg supply and distribution business 

If you know the number of crates of eggs we consume daily in Nigeria, you will be flabbergasted. 

The egg supply business is a quiet business few people know about in Nigeria. You can start with 50k on a small scale. 

The business involves buying crates of eggs from farms or distributors in bulk and reselling them to consumers. 

The business is very lucrative and the demand is more than the supply. The egg is among the most nutritious foods on this planet. And the people who know its value do not joke with it. 

 There was this co-tenant of a friend of mine. He was a marketer at a commercial bank in Nigeria. He started the business as a side hustle on a small scale. 

He carried out the delivery business on weekends only–Saturdays and Sundays–because this is the time most of his customers buy in the estate. 

One month, he didn’t meet up with the target. He was sacked. He didn’t worry much because he already has a side hustle that can cover his basic daily needs expenses.

He invested more in the business with the little savings he had and the soft loans from his friends. He already knows about marketing. He used the knowledge to gather a high volume of customers quickly. 

A few years later, he became a big-time egg distributor. Later owned poultry. The poultry fueled his ambition to relocate to the United States with his family. 

You can achieve the same or better than this if you are willing to and give what it takes. 50k can change your life if you give it a chance. 

Wrapping things up

Now you have the five lucrative businesses you can start with N50k in Nigeria. I just revealed five of the most lucrative and easy-to-start businesses in Nigeria today. 

However,  I understand that there are other lucrative businesses you can start with N50k, but I have restricted this list to only those ones that I know very well, and I know you can start them easily. 

Do you have questions or suggestions or contributions or contrary opinions to make? Leave them in the comment tab below. 

I can’t wait to hear from you. If you need any assistance about how to start any business anywhere in Nigeria and Africa, I’m just a click away. Reach out to me by sending an email. Very urgent? Chat me on WhatsApp.

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5 Best Affiliate Marketing Programmes to Join in Nigeria

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Do you want to learn about the best affiliate marketing programmes to make money from in Nigeria? 

Affiliate marketing involves promoting products of companies and individuals to earn commissions on sales generated. 

No doubt, one of the best ways people make money online is by promoting affiliate products to people. In most of the programs, you earn a certain percentage of commission per sale generated through your affiliate link.

What makes affiliate marketing interesting is that you can earn passive income with it for life. 

Once you build up your traffic and run promotions, you will just be seeing money flowing in. Passive income is sweet to earn and sweet to spend and sweet to invest with. 

One of the contributing factors to success in affiliate marketing is participating in good affiliate programmes. There are good affiliate programmes and there are bad ones. 

Before you participate in any affiliate programme, you need to know how good the programme is. And you need to check for some certain things so that you won’t work without earning a dime.

Has the programme been around for a while? What kind of reputation does the programme have in affiliate communities? What are the marketers’ comments? What are the payout conditions? What’s the commission rate? Do people buy the products?

If you find good answers to these questions you can proceed with any program of your choice. 

To make things easy for you, I will be revealing the five best affiliate programs that you can participate in in Nigeria.

Let’s dive in!

1. Konga affiliate programme

When we talk about e-commerce in Nigeria, Konga is among the players at the forefront. The company was founded in July 2012 by Sim Shagaya. 

Konga sells everything that can be bought online. You can buy computers, phones, accessories, wears, books, drinks, cosmetics, fitness equipment, etc, on Konga.

Konga’s affiliate program is one of the best in the country. It pays up to 9% on sales generated through its affiliate marketers link, and the payday is at the end of the month. 

Konga’s affiliate marketing program makes it easy for anyone to earn money online, even without having a website. If you are looking for the best affiliate program in Nigeria, you should consider signing up now. 

2. Binance affiliate programme

Binance is the number one cryptocurrency exchange platform in the world. It’s popular and trusted in the crypto communities. It’s a centralized exchange where people believe that whatever project is listed on it is genuine. 

Founded in 2017 by Changpeng Zhao, popularly called CZ, to make crypto trading easy and accessible for people. No doubt, cryptocurrency is here to stay. If you are looking for an affiliate program that will never end anytime soon, consider Binance’s.

This is how the Binance affiliate marketing program works: You need to have a Binance account ready and provide means of verification to get your account fully working. For Nigerians, BVN is enough. 

After that, you can now proceed to the affiliate programme registration page. 

Affiliate marketers love the Binance affiliate programme because of its massive benefits, apart from the commission rate. You can earn up to 50% commission on every qualified trade. You earn a lifetime commission every time they complete a trade. This is massive!

Binance sets requirements for anyone or organization who wants to become a participant in their program. As an individual, you need to have at least a social media account with 5000+ followers. 

You can read more about their affiliate program here.

 3. Jumia affiliate programme

Like Konga, Jumia is another leading e-commerce store in Nigeria. It sells almost everything you can ever think of. And Nigerians trust Jumia so much. When you say you buy something online, people will ask you if it’s from Jumia. This is the truth. 

Jumia has an affiliate programme that pays handsomely. 

As an affiliate marketer, you can choose any product you like to promote among the available thousands, talk about them, and run adverts for them. 

When somebody makes a purchase through your affiliate link, you earn 11%. Jumia pays the accumulated money into your bank account on the 30th of every month. 

4. Piggyvest affiliate programme

Piggyvest affiliate programme is one of the best in Nigeria at the moment. 

Piggyvest is a financial institution with tech solutions that make Nigerians easily save, invest their money, and earn good returns at the end of the investment cycle.

This is how their affiliate programme works: when you refer someone to sign up on the app, you get N1, 000 and the person too gets the same amount of money if s/he deposits at least N100 into his/her Flex wallet and save at least N1, 000 in at least two of Piggyvest core savings or investment products, e.g Piggybank, Safelock, Target Savings or Investify. 

This is pretty easy to achieve because ordinarily, whosoever is ready to use the app will be able to at least fund and lock N1, 000 in his wallet. 

Participating in the affiliate program of Piggyvest doesn’t require that you should register for a program. 

All you just need is to have a registered account on Piggyvest, complete all the requirements, then check for refer and earn button, and share your referral link with people. 

You can make a whole lot of money doing this. 

5. PayPorte affiliate programme

PayPorte is another reliable online store that people trust and buy things from. It sells quality items at affordable rates. 

PayPorte affiliate programme is very welcoming for beginners. You sign up at no cost and still get N1, 000 upon registration. 

As an affiliate marketer, you earn up to 10% commission on every sale generated through your link. When you log into your account, you see referral links and banners you can use for promotions.  All the earnings are displayed on your dashboard. You can sign up here for free

Wrapping things up

Now, you have the five best affiliate programmes in Nigeria. If you really want to make money from the best affiliate programmes in Nigeria, you should consider the Jumia affiliate programme, Konga affiliate programme, PayPorte affiliate programme, the Binance affiliate programme, and Piggyvest affiliate programme. 

What do you think about any one or all of them? Do you have any experience? Have you made some money from any one of them? Please, leave comments in the tab below. I cannot wait to hear from you. 

If you don’t know anything about affiliate marketing and want to learn and generate good income from it, I wrote a post titled: where do I learn affiliate marketing in Nigeria? You can read it.

More so, I did a post about an introduction to affiliate marketing: how to start affiliate marketing in Nigeria. This will give you some good ideas about affiliate marketing and earning income online. 

Do you need any assistance urgently? Click here to chat with me on WhatsApp now. 

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Where Can I Learn Affiliate Marketing in Nigeria?

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If you are among the people who are asking themselves this question: where can I learn affiliate marketing in Nigeria, on this blog post, I will be providing the answer to it by informing you of the best places and means of learning affiliate marketing in Nigeria.

Affiliate marketing is one of the most lucrative online businesses on this planet. 

You are not limited to a country. You can participate in any affiliate program of your choice. You can make money with it while you sleep. You can enjoy freedom and independence. You can become a global citizen. And it can put you on the path to financial freedom.

I know you are still asking yourself where can I learn affiliate marketing in Nigeria. I will fulfil my promise in the next few paragraphs. I will provide you with good information on where you can learn affiliate marketing in Nigeria.

Gone are the days when you can only learn in a physical class–where the teacher must be in front of you lecturing. Now, things have really changed. You can learn anything at your own pace with an Internet connection and your gadget. 

The advantage is that the Internet has made everyone have access to the best teachers of all subjects/courses in the world. 

And guess what, you pay less compares to physical classes. And you don’t have to travel or move down to a place before you can learn what you want.

The Internet has made the means and resources of learning to be abundant, and readily available for anyone who wants them. 

Now let’s get in as I will be presenting to you five places where you can learn affiliate marketing in Nigeria. You are learning everything online at your own pace. 

However, if you encounter any difficulty, you can always reach out to ask questions, and you be provided with answers and explanations.

Let’s go!

1. Bruno Nwogu’s 0 – $2k Affiliate Marketing Blueprint Courses

Bruno Nwogu is a successful affiliate marketer in Nigeria with years of experience in the game. He loves to teach people what he knows and strategies to succeed as an affiliate marketer. He knows this subject very well.

Bruno has two best courses on affiliate marketing: The 0 to $2k Affiliate Marketing Blueprint and The Ultimate 0 to $2k Blueprint + Course. The former is an ebook only with full information on how to make money with affiliate marketing; while the latter is an ebook plus video clips on the course. Anyone you pick among them. 

As a Nigerian, he has helped thousands of people to make their dream of becoming affiliate marketers who earn a decent income online. 

As you are looking for where to learn affiliate marketing in Nigeria, look nowhere else. Take any of the aforementioned courses. 

2. Tamilore Adewuyi’s First Affiliate Sale Course

Another place where you can learn affiliate marketing in Nigeria is Tamilore Adewuyi’s Online Kingdom. It’s an affiliate marketing course with about 42 video clips that can anyone from a total newbie in affiliate marketing to an expert if actions are taken with the learning. 

In the course, First Affiliate Sale, you will learn tried-and-true techniques on how to start affiliate marketing and how to be profitable in it. In the course, he teaches techniques he used to make over N24million this year alone! 

You will learn how to find hot products, have working sales pitches, and drive targeted traffic to the products you are promoting. And these are among the most important things to know to make serious money from affiliate marketing anywhere you are in the world. 

Are you really ready to learn affiliate marketing now? If yes, CLICK HERE 

3. Affiliate Marketing Secrets by John Don

Another course you can also take to learn affiliate marketing as a beginner in Nigeria is Affiliate Marketing Secrets by John Don. It’s a complete beginner course where you will learn all you need. 

It’s a comprehensive video course for those who have a little budget to invest in their affiliate marketing learning in Nigeria. 

John Don was once in your shoe. He knows how it feels to want to learn something as a beginner. He knows your fears. This is why he created the course for you. 

Everybody is taking this course to start their affiliate marketing journey. What are you waiting for? Start now. CLICK HERE 

4. Affiliate Profit Per Minute by Praise Akinlami

Praise Akinlami is the number one affiliate marketer in Abuja. He has been helping people to make 6 – 7 figures in six months with his course, Affiliate Profit Per Minute.  You too can join the train today. 

Why do I need need to take this course? You may ask yourself. It’s a beginner-friendly in-depth course about affiliate marketing. You will learn in the course how to find hot products to promote and make money serious money from. 

The course is filled with massive bonuses on some other skills that will be very useful to you in the journey. 

Advertising, copywriting, sales closing, page building, traffic generation, WhatsApp marketing, social media marketing,  and email marketing are the skills you will also learn with affiliate marketing in the course. 

And they are worthy to have as skills. Not only that they will be useful in affiliate marketing, but also you can freelance them on the side and make a decent income. Ready now? CLICK HERE

5. Affiliate Accelerator Course by Franklin Emmanuel

If you are really serious about becoming an affiliate marketer in Nigeria, you should consider taking Affiliate Accelerator Course now. In the course, you will learn the secrets of how Franklin Emmanuel and his students have been making N1million every month consistently from this online business model. 

This is another comprehensive course that serious people don’t take lightly.

There are so many things to learn in this course with affiliate marketing. There are some highly-demanded skills like WordPress website set up, WhatsApp automation marketing, email marketing, YouTube ad secrets, and sales copywriting. 

I know some people in Nigeria whose their day-job is sales copywriting, and it’s fetching them a decent income. Some build websites for a living. You know what? You are learning all these skills along with affiliate marketing. 

You will also get 2000+ email swipes that can be sent to prospects for free. 

What are you waiting for? Act now

Wrapping things up

I’m happy that you make it to the end of the post. Now, where can I learn affiliate marketing in Nigeria is no longer a question with no answer. You can pick any of the above-mentioned courses and start the journey now. 

Do you have questions or opinions or suggestions? Leave them in the comment tab below. I can’t wait to hear from you. 

Are facing any challenges to start any business–online or offline–in Nigeria? Please, reach out to me. I would love to assist you. 

Please, share this post with people by clicking on the icons below. Subscribe to our Telegram channel, like our Facebook page, and follow us on Twitter to never miss any updates.

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5 Good Reasons Why You Should Consider Starting Affiliate Marketing Business Now

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Would you like to know the reasons why you should start an affiliate marketing business? If yes, you are on the right page. 

Affiliate marketing is simply a business/hustle where you promote other people’s products, and you earn a commission per sale generated through your affiliate link.

Affiliate marketing is a good online business to start anywhere you are in the world. It’s prettily straightforward than some other online businesses. 

Make no mistake, affiliate marketing it’s a business on its own–and can be standalone. If you don’t know this before, now you have to put it at the back of your mind.

Some people want to go into the affiliate marketing business, but they have not found enough reasons to.

 If you are one of them, in this blog post, I will be presenting to you five good reasons why you should consider starting an affiliate marketing business now. 

Let’s go!

1. It makes you passive income 

There is this popular saying credited to Warren Buffet: if you don’t find means of making money while you are asleep, you are going to work till you die. This is very true.

An affiliate marketing business is a good way to earn passive income. Passive income is any income generated without you exchanging your time for it. 

Once you have working campaigns running, they can make money for you 24/7. 

You may be asleep. You may be walking your dog. You may be playing games. You may be having a nice time with family and friends. 

The income will just keep coming in without you putting any extra efforts so long sales are made through your link.

Look at how you will feel if you only work once, and you earn on the work forever. The sweet thing about affiliate marketing is: passive income can pave way for your financial freedom.

2. It makes you to be able to work from anywhere you want

As an affiliate marketer, you are not tied to a location. You can work from anywhere you want to work. You can take your business to anywhere you are going. You are very mobile and flexible. 

There are some other businesses that are strictly location based. If you are not in the location, you cannot make money. You have to pay rent, bills, and staff to keep the business running. 

Nothing like this in affiliate marketing. You are not geographically limited, likewise your hustle too.

3. It makes you be free and independent

Who doesn’t like to be free and independent? No one. God give all of use freedom to choose, to communicate, to move, to have as many thoughts as we can. The real wealth, they say, is freedom. 

If you are the type that cherish freedom and independence like me, you should consider starting an affiliate marketing business today. It makes you do what you want and when you want it. 

Once you launch your campaign, you don’t have to stay glued to the screen. 

The freedom and independence affiliate marketing can offer you can’t be imagined. Once you put in the right efforts in the beginning and you are seeing results, you can choose to work less an hour in a day. You can do what you want with your time.

 You are not answerable to any boss, client, contract, company. You can join any affiliate program you want. You can quit from anyone you think doesn’t generate income for you. 

4. It doesn’t require much capital to start

There are brick-and-mortar businesses that require nothing less than N500, 000 to start. What I’m I even saying? There are some that you will need millions to get started, to make decent profits from them. 

Not long ago, I discovered a business opportunity. This company produces fast-moving products in the market. I decided to contact the company that I would like to be a distributor of some of their products. 

I was told I must have a capital of N3, 000, 000, a big physical store, a registered company name, and a corporate bank account. And I must be meeting the target of N3, 000, 000 every month. If I fail to, they will stop supplying my company. I was dumbfounded. 

If I have N3, 000, 000 to invest in such a business, I would rather start the production of the products myself on a small scale and compete with them in the marketplace.

This is not the case for affiliate marketing. You don’t need much to get started. You can even start with no money by publishing and promoting your affiliate products on free platforms. 

5. It develops you

Going into the affiliate marketing business is like walking on the path of self-development. It changes and develops you to become a better person. You see money differently. 

You think better. You act better. You become better. You know so many things that you may never have an idea of if you don’t go on the path. 

There are so many other skills you acquire that will be valuable and useful in other areas of life. One of them is communication skills. You learn how to be persuasive and talk clearly. You understand people and technology better.  

You learn other skills along the way like copywriting, social media marketing, and blog management–which can be freelanced along with your affiliate marketing business to earn more income. 

Wrapping things up

You have just learned about five good reasons to start affiliate marketing now. It makes you money passively, makes you be free, makes you independent, makes you smarter, and makes you enjoy life on your own term. 

If you are ready to start affiliate marketing now, I can assist you with everything you need. Even, If you know nothing about affiliate marketing, you can easily begin today by learning about it and becoming successful with it.

You should consider taking Bruno Nwogu’s course, Affiliate Marketing Master Class. This is a Blueprint written for anyone who wants to start affiliate marketing and get a clear road map to making their first $1000 – $2000. 

Bruno is a millionaire affiliate marketer in Nigeria who has become financially successful through affiliate marketing. He is an expert in the field and very qualified to teach you the subject.

YOU CAN CLICK HERE TO READ MORE ABOUT THE COURSE 

Do you have questions or suggestions or contributions or contrary opinions to make? Leave them in the comment tab below. I can’t wait to hear from you.

 If you need any assistance about how to start any business anywhere in Nigeria and Africa, I’m just a click away. Reach out to me by sending an email. Very urgent? Chat me on WhatsApp.

Please, share this post with people by clicking on the icons below. Subscribe to our Telegram channel, like our Facebook page, follow us on Twitter to never miss any updates.

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