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How to Make Money on Social Media in Nigeria

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Make Money on Social Media

Are you a student in Nigeria or you are out of school and you want to learn how to make money on social media in Nigeria? Read this article to the end. In this article, I am going to be giving you different ways on how to make money on social media in Nigeria.

In case you do not know people are cashing out every day on Facebook, WhatsApp, Twitter, Instagram, and other social media apps through different methods you do not know about. So read this article to the end. I will share how you can start making yours.

Best Social Media for Making Money

All social media is good for making money. In fact, no social media pays you more than the other because how much you get paid on social media depends totally on the effort you put in. However, it is easy to make money on some social media platforms than others.

You can also choose to make money from the social media you are more familiar with or the social media you have more followers on. For example, if you have a page on Facebook that has thousands of followers and engagement you can make in naira or dollars daily on Facebook.

How to Make Money on Social Media in Nigeria

Here are ways to make money in Nigeria online.

1. Dropshipping Business

This is one of the best ways on how to make money online in Nigeria as a student or adult. With the dropshipping business, all you have to do is just chat and get paid in Nigeria. Just in case you do not know the meaning of drop shipping or you do not know how to go about the business.

Dropshipping simply means the act of selling goods without having them in your possession. It simply means the act of connecting buyers and sellers together. So in dropshipping business, all you have to do is connect with suppliers of a particular product and advertise that product convincing Nigerians to buy.

When there’s an order you simply get the product delivered to the customer and take your profit and pay your seller. You can start dropshipping to make money on WhatsApp, Facebook even Twitter, or Instagram. All you have to do is get pictures of these products and share them on social media with convincing headlines.

Since WhatsApp status is very useful in a business like this, you can also share the product’s pics on your WhatsApp status and make money on your WhatsApp status. Products you can sell in dropshipping business in Nigeria are clothing, cars, electronics, and phones.

2. Sell your Products/Services

This is another best way on how to make money online in Nigeria as a student or adult. By selling your own products or services you can make money on social media. All you need to start making money from this is to decide on the products you want to sell or services you want to render, advertise the products or services on social media, and make money each time people make an order via your post or page.

There are different products you can start selling online as a student in Nigeria some of these are phones, fashion items, furniture, and more. Here are some points you need to succeed in making money on social media through buying and selling. First, you need to learn hashtags and how to apply them to your relevant posts.

Hashtags help you to get noticed in the social media search engine. Secondly, you need to make sure the pictures you are using to advertise your products or services are clear enough to attract prospective customers. These two points are very important if you really want to make money on social media in Nigeria through this method.

3. Social Media Manager

Another top way on how to make money on social media in Nigeria is to become a social media manager. As a social media manager, you can make money by simply getting paid to manage the social media of clients. How much you make on social media as a social media manager depends on the kind of clients you are working for and your bargaining power. 

Your responsibility as a social media manager varies on what your clients want to do however, your major responsibility is to increase your client’s followers, share posts to increase follower engagement, and reply to direct messages (DMs). You can make ₦100,000 – ₦250,000 on social media in Nigeria by becoming a social media manager.

But like I said earlier it also depends on your bargaining power and your clients. Read our guide on how to become a social media manager in Nigeria.

4. Social Media Influencer

One of the top ways on how to make money on social media in Nigeria is to become a social media influencer. If you are very good at attracting a mass following, posting controversial topics, and creating good engagement, this might be for you. All you need is to choose the social media you want to be used for social media influencing and start creating content.

The best social media to make money as a social media influencer in Nigeria are Instagram and Twitter but you can use Instagram since influencers like Bobrisky and Ifedioku use it. How do you really make money on social media as a social media influencer? Well, after getting your social media accounts to reasonable followership you can get paid running ads (advertisement) on it for individuals or corporate entities.

As a social media influencer, you can make money on social media promoting almost anything even something as little as a drink.

5. Buying and Selling Accounts or Pages

Another top way you can make money on social media in Nigeria is to buy and sell social media pages or accounts. In case you do not know people buy and sell their pages for different reasons. In fact, there are Nigerians who develop their pages for the sole purpose of selling them. You can be a broker in this business. 

You can buy a social media page and sell it for a better price. You can buy Facebook pages to resell them or buy Instagram accounts or Twitter accounts to resell them.

6. Affiliate Marketing

Affiliate Marketing is another unique way on how to make money on social media in Nigeria. With affiliate marketing, you can make money from any social media by simply recommending products and services to your followers for a commission. 

All you need to do to start making money from affiliate marketing on social media is to pick a product you want to be selling maybe shoes for example and market them online sharing the pictures. Each time these buyers buy the shoes from the links or through you will get a token (commission).

You may think that getting a commission for selling a good might be too small, it is not. Imagine you sell many of these shoes this is big money. If you are not good with affiliate marketing you can make money on social media with digital marketing.

7. Drive Traffic to Blogs

Lastly, if you own a blog or YouTube channel and it has been monetized with Google AdSense or any other type of ads you can make money on social media by simply directing traffic to your blog or YouTube channel. Although how much you make depends on the traffic.

If you have a good following you can share the links of your blog or YouTube channel to increase your traffic which will, in turn, increase your earnings.

Conclusion

Making money on social media in Nigeria is easy for anyone to do however, how much you earn daily depends on the efforts you put into it. You cannot be lazy and expect to make money anytime. The best part of making money on social media is that you are not restricted to an office or time. You can work from anywhere in Nigeria Kenya, South Africa, Ghana, or the world.

Just pick out of the methods I have mentioned earlier and start making money as soon as you can.

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Ralph Bamigboye is an Accountant. He is the owner of TheInfoWorth.com, NetWorthVerse.com and Finance Naija YouTube Channel. He has helped many individuals to start their businesses and make money online. How can he help you?

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