With rising cost of living and earnings buying less than it used to, most people are looking for side hustles that can help boost their income.
Whether it’s getting extra cash to support your expenses, or building long-term wealth, the right side hustle can help achieve your goals. The following are side hustles that work in Nigeria:
1. Dropshipping:
Dropshipping as a side hustle involves selling other people’s products without buying, storing, or keeping the product in stock. It involves shipping a product directly from the manufacturer or supplier to the buyer.
Dropshipping is a good side business that one can start with low or no capital and it requires little effort from the seller.
For dropshipping, you only need to focus on marketing; after getting orders from customers, the order is then sent to the supplier or manufacturer, who ships the products directly to the customer.
How to start dropshipping:
- Choose a product to sell.
- Find a Supplier that has that product in stock.
- Set up an online store.
- Run advertisements on Platforms like Facebook and Instagram to bring customers to your online store.
- Offer excellent customer service experience to customers.
2. Sell Digital Product:
Selling digital products is one of the easiest side hustles to do with your 9 to 5; unlike the hassle like packaging and logistics that come with selling physical products, a digital product is created, sold, and purchased online.
It requires no startup capital. An example of a digital product is creating and selling e-books.
If you have a particular knowledge or solution that people need and are willing to pay to learn, you can make it into an e-book and sell it online. With this, you earn even while sleeping.
Steps to start selling digital products:
- Research and select a niche or solution.
- Decide the digital product: E-book, online, or digital templates.
- Create and run advertisements to get more customers for your digital product.
3. Freelance Writing:
Freelance writing is one of the most accessible hustles; as a freelance writer, you have the opportunity to work anytime and require no startup capital.
Businesses, companies, and celebrities all need write-ups for several reasons and activities, and a freelancer helps get the job done.
As a freelance writer, you can earn money from writing blog posts, presentation materials, website content, and ghostwriting.
Steps to begin freelance writing:
- Understand the writing industry and choose a suitable niche for yourself so that you can perform well and build expertise.
- Create a portfolio of written samples.
- Sign up on freelance platforms like Upwork and Fiverr, or pitch directly to potential clients and businesses.
- You need good organization and time management skills as a freelance writer to keep a clear track of pending and in-progress projects.
4. E-Commerce:
E-commerce another side hustle that works effectively in Nigeria. It simply entails selling a product or service over the Internet. Starting an e-commerce store is an exciting and rewarding adventure, as one will be able to earn from selling products or services using an online store.
To start e-commerce, one needs to create a website where customers can find products, browse offerings, and place orders online.
Steps to start e-commerce:
- Research and validate your product ideas and offerings: Before setting up an e-commerce store, you need to research and ensure that the product or service you want to sell and ensure people need the solution.
- Choose a business name
- Create your e-commerce website
- Run advertisements on social media platforms to bring traffic to your website.
6. Affiliate Marketing:
Affiliate marketing is earning a commission for marketing another person’s or company’s product. It is one of the easiest side hustles as it requires no startup capital.
As an affiliate marketer, you earn a commission every time someone makes a purchase using your referral link.
An individual can promote a product they have used and get a commission based on every purchase, depending on the agreement the marketer had with the company.
How to become an affiliate marketer:
- Pick a niche or a product that interests you.
- Promote the product through a blog, videos, reviews, and other marketing strategies, and get paid every time someone makes a purchase using your referral link.
