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5 Little Known But Highly Profitable Online Businesses You Can Start - Career - Nairaland

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5 Little Known But Highly Profitable Online Businesses You Can Start by kayode69(m): 6:23am On Aug 30, 2021
5 Little Known But Highly Profitable Online Businesses You Can Start & Profit From this Year.

Within the next few pages, I am going to show you 5 little known but proven and highly profitable businesses that can make you anything from N400,000 to N2m or even N15m a month.

This post will give you the basic details of each of these businesses and what to do if are interested in any of them.

"If you are broke right now or your income is
very little, the reason is because you either don't know this truth or you just don't know where the
money is or how to get it."

1: Sell Information Based Products

I don't know if you have heard about selling information based products before or what you think about it.
But here is the truth.
Selling information is a HUGE money maket that is not going to slow down anytime soon.
Why?
The world is going to continue to get complex and people are going to need help with figuring out a lot of things.
And the good part is that schools can't keep up.
So, the demand for good and helpful information keeps rising which creates a huge opportunity for you and I.
Here is what I am trying to say:
> What university course can teach you how to sell on Instagram?
> What about how to sell online with webinars?
> What about how to handle a cheating spouse?
> What about how to prepare ofada sauce (a great bestseller by the way)
> What about how to successfully migrate and work in New Zealand or other countries?
> Or what about how to improve your fertility as a man or woman?
These are just 6 out of thousands of information topics that sell like crazy on the internet.
Selling information online is what I call - The lazy man's way to riches and that is because if done well, you can have only N17,500 in your bank account right now, no business, no employee, no house of your own
But with just a simple information product and a good way to market it, that N17,500 could easily become N175,000 at least within 10 days.
I can't even say how much money you can make online selling information.

IMPORTANT: Despite the fact that selling information is a huge money maker, the truth is that not all types of information will make you money.
You need to understand that money plays to demand and supply.
You can't just think up anything, create an information product on it and expect it to sell.
No.
It doesn't work that way.

If you create boring information products like that, only you and anyone feeling sorry for you will buy a copy.
Whatever information you want to sell has to be about 2 things:
(1) It must help people overcome a problem or frustration:
E.g. If you have access to information about how single women can find a husband and get married asap, a lot of women over 30 who are single and under pressure to get a husband will buy it especially if the sales presentation for the book is very good.

(2) Or the information must help them move closer or achieve a hot desire that they have:
Atimes, people don't buy because they want to solve a serious problem.
They buy because they want to get closer to some strong desire or dream.
E.g. Because of watching too much Telemundo, a lot of women now have certain cravings.

THE BIG INFO MARKETS
Based on what I just told you, the big areas where most information are sold are...
Topics relating to:
- Finances, Business, Making Money, Investing
- Health, Weight Loss, Beauty, Fertility, Sexual issues
- Dating, Marriage, Relationships, Sex
Under each of these categories, there are thousands of topics that you can work on and make a lot of money from.
Making money from selling information is mostly about 3 steps:
(1) Start by deciding on a topic that people will buy.
(2) Package or Create the information into a product.
(3) Create a System to market the information product.

Today, you can sell information in various formats:
- You can sell it as a simple ebook in PDF format
- You can sell it as a video
- You can sell it as a full blown course
- You can sell it as an audio
- You can sell it as a webinar, seminar or Teleseminar
- You can sell it as coaching
- You can sell it as a membership content
As a newbie, one of the fastest and easiest ways to get started with this business is by creating and selling your information products as simple reports.
And that is because you can get it started without the need for a lot of capital or resources.

2: Real Estate Marketing
Maybe you don't like business model No. 1
No problem.
You might just like this one.
Real estate marketing simply means making commissions by marketing real estate properties.
Like lands and houses.
And NO!
I am not talking about doing it like the local and overly broke house agents you see around.
Things are changing and there is a new game to this especially with the internet.
Basically, this is how it works.
You sign up with one of the real estate firms who have a solid system in place.
This system gives you access to their marketing training so that you can learn how to sell the properties.
They also have a way to track all sales coming in from various marketers.
They call them realtors.
And sometimes, they have a system where you can bring in other people to work for the company and you make some commissions on each property that is sold by those people you brought in. (This part is not compulsory but it is just an additional way for you to earn more money)
Let me explain better with figures.
Most real estate companies sell houses or lands where you get 20% commissions on each sale.
So, let's work with that.
So, let's say you sign up with this real estate company and you help them sell only 3 plots of land a month.
Let's say one plot is N1m only
That gives you a commission of N200k per plot
And N600k income (3 x N200k) for that month
You like the idea.
So, you post about it on your Facebook or twitter wall
Then about 20 people show interest.
So, you invite them to a small event or a Skype call.
You explain how the whole thing works and 5 of them decide to sign up under you.
They get trained by the company plus you also show them how you are able to get sales.
So, they go all out.
Let's say just 2 of them get serious (because most people are lazy)
In the next month, the 2 of them sold 5 plots altogether.
Let's just say you improved and sold 4 plots of land this month making you N800,000.
Because you are the one who brought in the 2 people who sold 5 plots, the company decides to pay you 5% commissions.
So, you get paid N250,000 as extra commissions
Which brings your total commissions for that month to N1,050,000
And the good part is that - You can work with as many real estate firms that you want.
PLUS...you work at your own pace and time
All the real estate companies are concerned about is you bringing them sales.
Now, don't get me wrong.
I am not saying you will easily make N1m a month in commissions.
I am just telling you what is easily possible based on what I have seen.

All You Need Is:
(1) A KNOW HOW accompanied with a badass drive, focus and those other things that I talked about in the intro part of this series.
(2) Sign up with a real estate company (or more) that has a good system for their marketers.
(3) Create your own marketing system based on what you learnt from the company and what you learn from me smiley
(4) Go all out and crush it
Signing up and joining a real estate company is no big deal.
They won't pay you for that.
Your main work is to market and bring sales.
That is when you get paid.
Most of the real estate companies who do this are in Lagos, Abuja and Port Harcourt.

3: Affiliate Marketing

I am going to discuss another business model that has been working effectively since Amazon introduced it and keeps getting better as Technology keeps advancing.
Another thing about this business model is that it is perfect for people who do not want the stress of creating products or actually running a business so to say.
That is because all they have to do is sell.
The business model I am talking about is...AFFILIATE MARKETING:
Maybe you have heard about it before.
Maybe not.
Affiliate marketing is a business model where you sign up as an affiliate with a company and you then promote any of their products.
When you make a sale on any product, you get paid a commission.
It is as simple as that.
You don't own any products.
You don't deal with customer support.
You don't manage employees.
Or do any of those things that takes a business to run.

Joining an affiliate program is NOT the big deal.

What I am saying is...
This business model is called Affiliate MARKETING for a reason, the business is in the MARKETING

You can decide to do affiliate marketing solely or mix it with other business models.
Most affiliates mix it with business model No. 1 (information marketing) because it just flows easily.
All you have to do is sell your information products on the frontend and also recommend your affiliate products to your list of prospects and customers as well.
The main question at this point is...
What are the steps to making money with affiliate marketing?
STEP 1: Sign up as an affiliate with a reputable affiliate platform - This can be an affiliate network or inhouse platform.
STEP 2: Start by picking one market (E.g. Skincare) and creating a campaign to sell a product from that market.
STEP 3: Launch your campaign and get traffic
I can't give you any step by step system for marketing affiliate products because there are different ways of doing it depending on the type of products you are marketing.

If you really want to succeed big as an affiliate, here are 4 qualities of big time affiliates that I know of.
(1) They know how to recognize good products & offers that they can promote.
(2) They know how to get a lot of traffic.
(3) They know how to create marketing systems that convert the traffic to sales.
(4) And they know how to track their results so that they know where their sales are coming from.

4: Smart E-commerce

What does this mean?
Smart E-commerce is all about 3 things:
(1) Searching for physical products that solve problems for people or helps them get closer to their desires mostly from China.
(2) Buying the products at the lowest cost possible, importing them to Nigeria.
(3) And using a genius marketing method to sell them for a good ROI.

If you are going to run with this business model, make sure you do not run it like a lot of people.
Run it as a proper business.
Start with a huge and profitable audience/market. E.g. Fitness, babies (Moms), Women's fashion, Skin care.

Look for challenges people have in that market.

Find products on Aliexpress that solve those challenges - In fact, you will even come across many products on Aliexpress that fix challenges you do not know about.

Buy the products for the lowest cost you can find (You may have to use an agent or other sites for this)

E.g. Some products that sell for N$2 a piece can be gotten from 1688.com for far lesser.

Create a marketing system that allows you to pull in people who are interested in the type of products you are importing. You can advertise using Facebook, Instagram, Youtube, Google, Blogs.


Sell to them.

Sell to them repeatedly.

REMEMBER: Sourcing for products and importing them to Nigeria is the simplest part of this business.
Most people do it but only a few percent of them make any real money.
Why?
The reason is because they don't know how to market and sell.
Just like the other business models that I have talked about before, knowing how to market and sell is ONE skill that will help you succeed faster with all this information.

5: Health Products Marketing

You should already know what this is about from the name.
This is about marketing health products that help people manage their health or get better.
And it is a big money maker because people value their health a lot.
Think about it.
Most problems can be managed but when that problem is a serious health issue, people have to focus their attention on it and spend as much money to get rid of it.
Because of this, I approach this business differently because it is sensitive.
We are dealing with human lives here.
So, it is important that you only market products that are safe.
This is not about selling pharmaceutical drugs.
Only licensed people can do that.
This is about selling the alternatives.
I am talking about alternative health products like supplements, tea, herbal products etc

Examples of hot health markets are:
- Fertility (men and women)
- Sexual health
- Vision
- Prostate
- High blood pressure
- Weight/fat loss
- Weight gain
- Heart related issues
- Etc
The list is endless.

Here is How the Business Works:
(1) You pick a health challenge that people have
(2) You find a product that solves the problem or makes it better (Make sure the product is very effective and safe)
(3) You market the product.
(4) You market other helpful related products.

Sometimes, number 2 might happen first.
You might come across a really good product that works.
And you decide to market it.

How Do You Get Products to Sell?
There are 3 ways I know of to get health products you can market.
That is if you are not producing them yourself.
The 3 steps are:
(1) Join a network marketing company with great products:
Products from network marketing companies are usually on the high side unless you are a top distributor. That is why it is a good idea for you to try and move up as fast as possible so that you can be getting the products at lower cost.

(2) Become a distributor of a local health company:
There are many Nigerian companies that produce very effective and NAFDAC registered health products but do not know how to market them.
I do not have a system for finding such companies.
But if you come across any effective health product that is produced by a Nigerian company, contact that company and let them know that you want to help them market their products so that they can sell to you at a lower cost.

(3) Import them from Overseas:
This leads us back to Business model No. 4
You can also import health products from overseas if they are very effective.
The problem here though is that you won't be able to import  a lot because most of these products are not NAFDAC registered (unless you want to register them yourself)
Another problem is to be sure that the products are safe to use.

NOTE: You don't have to add "information selling" to your own business.
Many people sell health products alone and they do very fine.
You can do the same too.
The health market is huge.


Of course, this post is not a full training on all these businesses.
The idea is for you to choose the one that you can run with, get more information about it and get started.
You can do this.

There are many young guys under 25 who are making a lot of money with these business models.
And some of them are even undergraduates.
You can do this.

One thing you ought to have noticed from these business models is the importance of knowing how to market.
Knowing how to market and sell is the key to making the businesses work.
Out of all these business models, the business model I now recommend for beginners is business model number 3 (Affiliate Marketing)

That is because we now have Nigeria platforms that make it easier for you to market digital products from anywhere.
Apart from that, affiliate marketing makes your work easier because most of the job is already done for you.
It doesn't require a lot of capital and you can start it fast.
You can even combine it with other businesses later on.
And the marketing experience you get from it will help you market the remaining business models that you decide to add later on.

PS: If you would love to get started with any of these businesses and you need a PROFESSIONAL course that would guide you through, Check my SIGNATURE to CHAT me up right NOW.


It’s NOT cheap,

But if you take any of these courses….
The chances are very high that YOU’ll find the key to making N200k every weekend.

CONCLUSION:
I have now provided you with 5 little known businesses that can put a lot of money in your pocket this year if you act on them.
All you have to do is get started with at least one of them.

2 Likes

Re: 5 Little Known But Highly Profitable Online Businesses You Can Start by maiquel: 6:34am On Aug 30, 2021
Talk is cheap

3 Likes 1 Share

Re: 5 Little Known But Highly Profitable Online Businesses You Can Start by money121(m): 6:37am On Aug 30, 2021
Nice one

Re: 5 Little Known But Highly Profitable Online Businesses You Can Start by Machinegun91(m): 6:53am On Aug 30, 2021
This real estate business is dupe
Re: 5 Little Known But Highly Profitable Online Businesses You Can Start by Comedian2019: 7:05am On Aug 30, 2021
maiquel:
Talk is cheap
Very cheap grin
That's how we were deceived with mini importation. I later realized that the products are even cheaper in Balogun, Lagos than buying from China.

3 Likes

Re: 5 Little Known But Highly Profitable Online Businesses You Can Start by Vantegral(f): 4:54pm On Aug 31, 2021
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