There’s no doubt that many people have started looking for different means to make money over the Internet due to the current reality of the economy. But due to how complex internet businesses may be, with all the trash and false information littered all over the net, many still get stocked with the exact businesses they can get involved with online and make a decent living.
In today’s post, l will talk about the 4 types of businesses anyone can venture into and start making between 200k to 400k guaranteed.
These businesses are high-paying and rewarding types of businesses, I am currently earning a good living from 2 of them. But I must warn you, these businesses are not a get-rich-quick thing.
These are real business ventures and not some kind of MLM/MMM or a PONZI SCHEME where you sit down and expect money to start flowing from heaven without any work or effort on your part.
Yes, it’s really not for those that are lazy. This business venture requires hard work, seriousness, effort, and determination. But on the other hand, if you can commit yourself and get it right, you have just built yourself a money-making machine.
Just like any brick-and-mortar business you know, it requires some time, some resources, and to put in the work. So if you are looking for something fast that doesn’t require any work, time, and money, then these 4 types of businesses are not for you. And to be very sincere, there is no good business out there that won’t require your time, energy, and resources.
So without any delays, grab a seat and a note while I walk you through these highly profitable businesses.
4 TYPES OF BUSINESSES WITH THE POTENTIAL TO GENERATE BETWEEN #200K TO #400K MONTHLY.
1. AFFILIATE MARKETING.
Affiliate marketing is one of the quickest, fastest, and easiest ways anyone including a total newbie can get into with the right knowledge and working skills and start making money.
Why is it so easy? Because the business model does not require you to create your own product, hire staff or do all those stuff before you can start making money with affiliate marketing.
There are millions of good quality products out there that you can choose from based on market demand and start selling immediately as an affiliate.
What is Affiliate Marketing?
Affiliate marketing is a business model that involves an independent marketer(you and me) selling the product of a company or a vendor and getting rewarded with a commission.
In more simple terms, affiliate marketing is just signing up with a company and choosing any product of your choice, and starting selling and pulling in profit with the right skills.
This kind of business model is really hot, I will never forget the day that I logged into my account with one of the most popular affiliate network companies called Clickbank and discovered I made sales.
The joy I felt is really unspeakable. That was in 2016. This shows that this business model is working and will keep working as long as people don’t stop buying stuff online.
ALSO, SEE 👉👉👉 WHAT IS AFFILIATE MARKETING [INDEPT GUIDE 2023]
You can calculate it in naira, and you will be shocked as I was on that fateful day. That day changed my mindset and perspective of everything.
Affiliate marketing is the Business of the 21st century, many companies have come to understand the power of direct selling, meaning paying you commissions to bring its sales to them.
It saves them a lot of advertising costs and makes us a lot of profit. Just check any big online company that you come across, check the footer of their website, and you will see a little link that says “Affiliate program”
Examples are Amazon and your own dear Jumia, See what I mean below👇👇
Meaning when you join them as an affiliate, you can sell from the billions of physical products that are been sold on Amazon and net serious monthly income.
The same thing applies to our very own Jumia.com.ng. Africa’s largest online retailers. But to make money, you need to sell digital products because their profit margins are very high.
Digital products are those products in digital form that don’t require shipping, packaging, and all those stuff. Examples of digital products are;
- Video training programs
- Membership sites
- Software and
List Of Affiliate Companies Or Networks That You Can Sign Up With.
So you can join Any of these above 👆 Networks or companies, choose a product, and start promoting.
The Three Evergreen Niches That You Can Pick Red Hot is selling Products From.
If you want to succeed as an affiliate marketer, then your number one aim is to sell what is already selling in the market. It’s all about demand and supply.
Identifying people’s needs and solving them. You don’t want to reinvent the wheels as a beginner, only the big players with all the resources in the world can do that.
So stick to any product in these three Niches, and you will be good to go.
- Health and
How To Identify Red Hot Products In Those Companies Listed Above.
It depends on which company you want to sign up with, but if you sign up with Clickbank, They have a way of knowing which Clickbank product is currently selling well, which is known as GRAVITY.
The gravity of a product tells you how well the product is selling in the marketplace. While on Jvzoo and the rest is by locating their bestsellers.
What You Need To Get Start Promoting And Selling Affiliate Products.
- Create Your Marketing Sales Machine
- Create Your Lead Magnet
- Create your email automation selling machine
- And Drive Traffic into Your Marketing Sales Machines.
Without these Four things in place, you will fail woefully. In fact, if you can’t or don’t want to set up these four things listed above, then forget about making money online because you will make yourself look like a joker.
These are the things that most internet millionaires set up when they discover a hot product or opportunity and net millions within a month. And you will be wondering if they are doing money rituals. But that’s not the case.
2. Information Marketing.
The information they say is the number 1 currency in the world. In a world that is constantly changing, information is what keeps people aware of their existence.
No matter how much we may think we know, one thing is sure, we can never know it all. We all including I must still be lacking in one way or the other.
As the saying goes, “No man is an Island of knowledge.” Which gave birth to information marketing.
What is information marketing? A.k.A info marketing.
Information marketing is simply Identifying a certain pressing need/problem of a particular set or group of people or interests, researching the need/problem, and coming up with the solution in the form of packaged informational material.
This is a very hot business model that has been proven to keep making money for those who know how it works. Many have become millionaires, while many have made their first million-selling informational products.
How Does Information Marketing Work?
Information marketing is really not complicated. One is that it has to do with the ability of you to identify a pressing problem for a good amount of people.
Then, determine if you have the solution to that problem, if yes, then document the solution in any digital format that you want like; Ebooks, video, audio, or software and start selling.
But as a beginner, identifying and providing Solutions may be a big problem for you. Don’t worry, I will give you some quick ideas to help keep you enlarge your brain to think of more.
As a beginner, it’s advisable that you stick to an ebook and video product because they are easy to produce and has a very high-profit margin.
Now, let’s imagine that you spend just 10k in producing an informational product in an ebook or video format. And you sold just 50 in a week at the price of 5k as a beginner that you are;
Let’s do some calculations here, 50 Ebooks sold at 5k = 50*5,000= #250,000 in a week. How sweet is that?
Here Are Some Areas That People Are Really Having Challenges In A Lot That You Can Start Creating Information Products On And Start Profiting.
- How to make money online. (If you must venture into this niche, you must be careful and make sure you have proof. Normally I warn newbies to stay away from that Niche)
- How to get a visa to any country of your choice.
- How to WOO a Girl At First Sight.
- How to Win Your ex back
- How to lose weight fast
- How to be a good parent
- How to cure or avoid being Diabetic
- How to live Up to 90 years with HIV
- How to get your future wife or husband online
- How to increase your low sperm count
- How to enlarge your small inch Penis
- How to get pregnant in two weeks
- Natural remedies that will help you perform well in bed.
- How to secure admission abroad and study abroad.
- How to get a work permit visa in any country of your choice.
There you have them, if you can create an info product on any of those topics above, I can guarantee you success in the shortest possible time.
Serious money is to be made online with the information marketing business.
Now you may be asking that you don’t have any knowledge on any of those topics listed above and you’re interested in info-marketing business, how do you go about it?
Well you see, the sweetest aspect of this business is that you don’t have to know any single thing about those topics in other to create your info product.
What do you mean? How then should I go about it?
If you are interested in info marketing and don’t have any knowledge of any topic listed above, all you have to do is to look for those who have written about any of these topics and buy it from them.
Not only to buy the product alone, but it’s to buy the product and the right to own the product as your own.
It’s called PLR/MRR which stands for “Private label Right, or Master Resale Right”.
These are the types of informational products created by the owners with the purpose to sell both the product and the ownership of the product to you to use and go and make money as your own.
Where can you get this type of product? You can get this type of product from online membership sites like;
And if you are looking for a more specific product, all you need to do is type in the keyword of the topic plus PLR on the Google search bar, and tons of places to get them will pump up.
Now, after you have gotten the product, you won’t just go ahead and start selling it. If you do that, you will fail woefully.
Why? Why, because you got the product from a public place. Meaning many other people have also bought this same product and marketed it to thousands of people before you.
So what you want to do when you get the product is to rewrite it, change the Book cover to something unique and also slam your name on it.
If you don’t know how to rewrite it, hire someone to do it for you, you can get good writers at fiverr.com, iwriter.com, and upwork.com.
There, they can also create a very good ebook cover for you.
What to Do Next Once You Have Your Info Product Ready For Sell?
I am sure that you already know what to do at this point. If you don’t, that means your pocket is not scratching you yet. LOLS🤣
- Create Your Marketing Sales Machine.
- Create Your Lead Magnet
- Setup Your Automation Campaign
- And Drive Traffic to Your Marketing Sales Machines
3. Mini Importation.
Mini importation is among my carefully selected business model because of how lucrative it is.
Mini importation is so lucrative that you can even start with as low as 5k to 10k and start making a high-profit margin. But of course, if you want to kill it with mini importation, you need to come out fully for it with something more reasonable than that.
What is MINI IMPORTATION?
Mini importation is a business model that involves importing or bringing cheap but quality products from China into Nigeria without going to China to get them.
Many that are doing this are living a very comfortable lifestyle. I don’t do mini importation nor rather have I done it before. But planning to engage my wife in it when we finally get married. But I have friends who are doing it, and their result is incredible.
To show you how lucrative this business is, a friend of mine while conducting product research on Jumia, came across one beautiful thick MADAM bag that was sold for #8k. See the image below.
Knowing that the bag is going to sell well and that this particular bag has gotten serious orders, he went ahead and invested 25k importing up to 10 bags @ #2,500 each which includes both shipping and customs fees.
Which he gave to his fiancee as you can see her holding it to sell. His wife-to-be was a good marketer, Can you believe that she was able to sell each bag for 10k online?
Now calculate it and see the profit margin, they immediately imported more and scaled it big the next week.
So now the question is where and how can you start importing from? And since I won’t need to travel to China, how will my ordered goods get to me? There is a popular website in China where you can start ordering your products immediately. Which are;
You can carry out your own research if you want, but I think that with these two biggest online shopping portals in China, you will be fine. But before you go and start importing, make sure you carry out your market research to know which product is currently selling well.
How do you conduct product Market Research? Conducting product market research is really not hard, you can just go to Jumia and search for the product and see which ones are under the bestsellers and how many orders have they received.
Or you go on Google and type, “HOT BEST SELLING PRODUCTS IN NIGERIA 2019” Now see the result that I got below for searching for that search phrase on Google.
How can you now get your product shipped down here to you in Nigeria? Getting your product shipped down to you here in Nigeria is really not a big deal. There are Agents in China who have Offices here in Nigeria that deal with helping mini importers to buy and shipped their products to Nigeria.
One of those trusted shipping Agents that I can confidently recommend to you is 👉 CHRISVICMALL.
With this agent, you can even buy products in Yeun at even lower cheaper rates at the local China Shopping portal made for only Chinas. www.1688.com They will help you pay the suppliers and ship your goods to you anywhere you are in Nigeria.
How do you now sell your products? It’s simple, once you get your products, you can sell them online or offline and make a good profit.
Freelancing is one of the most lucrative businesses you can get into if you have any valuable skillset you know that you have to offer.
Freelancing doesn’t require any investment at all. Meaning all that you need to make money with freelancing is just to offer your services or skillset in the marketplace and get paid.
What Is Freelancing?
To those to whom this might sound new or just hearing It for the first time, freelancing simply means offering a valuable service or skillset to a client or people around you and getting paid for that.
It could be anything ranging from website design and development, graphic design, voiceover, content writing, social media accounts management, etc. The list goes on and on.
As I said earlier when it comes to the freelancing business, you have to ask yourself one question which is “What Is This Valuable service That I can offer to the public and get paid for it handsomely”
If you can’t identify one simple single services that you can offer and you are passionate about venturing into the freelancing business, then I will advise that you pick a course online and get trained.
How Can I Learn A Skillset Which I Trade For Cash?
It all depends on how serious you are and the amount of work you are willing to put into it. Once you acquire a skillset and you are ready to start offering your service to the world, there is some marketplace you can go to and list your service for prospective clients to hire you.
But the 2 most established and well-known marketplaces are Fiverr and Upwork. Listing your service and getting paid on Fiverr and Upwork is another total topic on its own and if I should dive into it, I will not finish writing his blog post.
So I will write separate posts about Fiverr and Upwork. A bonus business that is highly paying also is BLOGGING. I will stop here for now. Expect more posts on how to start a blogging business in 2023 and start making income.
So there you have it, the 4 types of businesses that you can start now and in 2023 and start making good money from them.
All the listed businesses above have a good potential of generating a very good income, but you must take It as a business and put in your all. You can’t just do a little here and there and expect a MIRACLE to happen, it doesn’t work that way.
So just pick any of the businesses above and get proper training on them and go all in. Wish everyone success in all their endeavors.