What is Online Business?
Online Business is a kind or type of business which 95% of it work is done online or over the internet by using a special kind of equipment called computer and internet connection.
Online Business operate it activities through a process we called virtual cloud or virtual office.
Online Business is the only business which are constant 24/7 without the interference of the owner of the business.Unlike other form of business which is called offline business where the business is only restricted to a particular location or country, online business have a global effect and recognition meaning that somebody from Ghana can start online business and somebody from UK , Nigeria, Indian, Canada and all over the world will be visiting the business even though the owner of the business operate the business in Ghana. You can see from the above point that online business have great impact in terms of global recognition.
Bill Gate wasn't kidding when he saidIf your business is not on the internet, then your business will be out of business
Basic Question About Starting Online Business in Nigeria
1.DOES ONE REQUIRES A SPECIAL CERTIFICATE TO START ONLINE BUSINESS IN NIGERIA ?
Popular Question Nigeria Youth usually ask is if online business requires a form of Certificate to start it, the answer is simply no, Online business can be started without a particular certificate, all you need for you to start your own online business is your ability to communicate your ideas and knowledge to your audience.
2.DOES ONLINE BUSINESS IN NIGERIA REQUIRES A SPECIAL SKILLS TO START IT?
You need to have some skills to start online business. Below, I have listed the basic skills you need for you to effectively start your own online business in Nigeria.
- Knowledge of how the internet works
- Basic web Programming skills in HTML, CSS and Java Script
- Basic Graphic Knowledge in Photoshop or Fireworks
- Mastering top CMS platform like Wordpress, Blogger
- Basic writing skills
- SEO Knowledge and how search engine works
- Internet Marketing skills example learning How to Write a Sale-copy, Blog Post etc
- Understanding how Social Media like facebook, Twitter, G+ works
- Having Basic knowledge of how Affiliate program works
- Knowledge of how to create electronic product like ebook, videos, webinar
This one of the popular Question that Nigerian usually ask and some web masters and marketer will tell you that you don't need a website to start an online business, I will strongly advice you to have your own website or blog. Your blog or website will serve as your showroom where you showcase your expertise. Take for instance, if I tell you to buy a product that will help you create a beautiful blog in 60 minute from me without showing example of my own blog, how will you trust me with your money to buy the guide knowing quite well that I don't even have a blog to show you as an example, I think you can understand what I am saying. Having your own website or blog will give you that wider coverage and great global recognition within a few months you start own online business.
We have a lot of good quality guide on online business and materials that can help you create any kind of blog or website under our product page which you can buy for just N2000 or below you can take a look at our wonderful collection of ebooks and materials by clicking here.
4. WHAT IS THE CAPITAL REQUIREMENT IN STARTING ONLINE BUSINESS IN NIGERIA?
For you to start your own online business as a Nigerian, you need to put some things into consideration and you need to plan ahead of time of how much it will cost you. Below, I have listed some of the the things you need to buy and have before you can fully kick start your own online business.
(a) Money for Registering your Domain name and Hosting (N5000 to N15000) will be okay
(b) Internet Browsing cost (N1500 per month)
(c) Computer system ( you can buy a laptop or do it at cybercafe)
(d) Modem for Browsing that is if you opt to buy laptop or Desktop (cost between N3000 to N5000)
(e) Advertising Cost (N5000 for a start )
Total basic capital requirement N15,500.
The above money can help you to start your own online business in Nigeria, you may decide to invest in more money when you grow up.
5. HOW MUCH CAN I MAKE WHEN I START ONLINE BUSINESS IN NIGERIA?
Making money online is almost the same thing with making money offline, the gain of online business depend solemnly on how well you advertises and structure the business and how much time and effort you put into the business to make it a success, All I can say that you can make Hundred to Million of naira through online business if only you are committed to making your online business to be a successful one. From time to time, we I shall be teaching you various ways and legitimate way you can make money online, just keep visiting this blog and subscribe to our email list to keep yourself updated if we published a new post.In the main time you can take a look at our making money online achieve to select more business tips and training by clicking here.