TOP 5 WAYS TO MAKE MONEY OFFLINE IN NIGERIA IN 2022
The Nigerian business ecosystem may not seem as favourable as you desire but without any doubt, it houses tons of thriving businesses. In Nigeria, a good deal of offline businesses or activities count as verifiable ways of making money.
However, some people do not find the Nigerian physical business environment any suitable. Therefore, such people have transitioned to differing online activities that align with their skills or competencies.
Inasmuch as Nigerians gravitate towards online businesses and find them lucrative, we definitely can’t deny that the online ecosystem contributes to the growth of money-making ideas in Nigeria.
Despite that online businesses have gained huge momentum in Nigeria, hardly can we shy away from the fact that offline businesses are still very much relevant in the country. Not every Nigerian fancies the idea of working online and so it is unsurprising that lots of Nigerians still search the internet for ways they can make money offline.
In view of that, we’ve been stimulated to find out the top 5 ways Nigerians can make money offline in 2022. Notably, some of these money-making ways are purely businesses that require capital for startup while few others are more or less offline activities that can fetch you a reasonable income.
Begin Tutorial Class for School-ready Kids
If you have a knack for imparting knowledge to others, you may consider rendering academic services as a private tutor. This could be the decent job that will hardly cost you a whole lot of money or resources to start. All you need is mastering the right approach for marketing yourself to the parents of your prospective pupils. This tutorial class idea is very likely to work because in Nigeria, many average citizens want education for their kids but cannot afford the supposedly expensive fees that many private schools charge. Your own cheap tutorial class might just come as the befitting alternative for such parents to give their children education.
By the time you’ve comfortably attracted several school-ready kids, you can take advantage of that to persuade the kids’ parents to refer their neighbours’ kids to you. Once this works out with many more school-ready kids enrolled for your tutorial class, you may consider renting a sizeable space for running a school. If this pans out as expected, you’re most likely on the brink of starting your own school.
Become a Mini Importer
Mini importation is undisputedly one of the trendy offline businesses in Nigeria. Except you haven’t mastered the right strategy for plying the business, mini importation is certain to earn you a reasonable income in Nigeria.
Broadly, how this mini importation business works is by importing goods –such as shoes, bags, wristwatches, clothes, electronic gadgets, etc. –from a foreign country and selling them in Nigeria. To make robust success with this kind of business, you must figure out the country from which you can buy and import your desired commodities at very cheap rates.
Although depending on your desired commodity, mini importation is something you can start with less than #150,000 in Nigeria. But before you venture into mini importation as a route to make money in the country, try to first arm yourself with in-depth information about how to succeed in the business. In this regard, you can either learn from an experienced mini importer or search the Internet for well-written e-books about mini importation.
Venture into Transport Business
This is another offline and verifiable route for making money in Nigeria. It is a route that has attracted lots of Nigerians due to its ever-auspicious probability of profitability.
Nigeria is home to myriads of densely populated cities, making it a fact that transport business will always yield profit across Nigerian cities. Even without any knowledge of driving, you can start this transport business but in this case, you must be ready to hire somebody to drive your commercial car or bus.
If you already have a car or bus that can operate commercially, there might be no need for startup expenses. All you need to do is either choosing to drive on your own or hiring somebody to drive on your behalf. If the latter is what you consider satisfactory, be ready to negotiate your daily or (usually) weekly allowance with the driver. In Nigeria, it could be risky to have somebody drive your car/bus for you and that is why you must have thorough information about your prospective driver. Find out if he is the right person for engagement in terms of competence, experience, attitude, level of maturity and overall personality.
Start Printing and Selling Recharge Cards
Printing and sale of recharge cards is one of the commonest offline ways to make money in Nigeria. This is because we can’t deny the fact that many people in Nigeria still rely on printed cards for loading airtime onto their phones.
If you’re interested in this kind of offline business, try to connect with those who supply recharge cards. Depending on your capital, you may opt to combine printing with selling or simply engage in selling alone.
We recommend that you consider selling airtime vouchers (recharge cards) of all the popular network providers in Nigeria. Although this business fetches you very meagre profit from each unit of recharge card sold, it is definitely one way you can make reasonable profit in the long run. This is simply because recharge cards sell fast in Nigeria and provided the business is sited in a heavily crowded business area, you’ll likely sell lots of vouchers daily.
There’s the widespread impression that sale of recharge cards isn’t profitable enough and as a way of augmenting their profit, many recharge card sellers in Nigeria operate in a diversified manner. Simply, they combine recharge card sale with various other trades. You too can do that if you’re pretty certain that you have sufficient capital.
Open a Restaurant or Eatery
Food business has always remained one of the most flourishing ventures that you can ply offline in Nigeria. Without any doubt, one of the reasons for this is that tons of Nigerians prefer to go out and purchase ready-to-eat food rather than cook by themselves.
With food business still thriving in Nigeria, one is certain to find at least one eatery or restaurant in any crowded business axis in the country. Whether your capital is large or small, you can start and run a food-specific venture of your own in Nigeria.
Depending on your capital, you can launch any of large-sized and mini restaurants in Nigeria. If you possess excellent culinary skill and believe you can commit ample time to the business, you may choose to partake in the business as a cook. But if it’s the other way round, you definitely need to hire cook(s) for the business.
Except when sited in the wrong location, your restaurant or eatery business is certain to rake in profit in Nigeria. Since restaurant/eatery business depends heavily on location for it to yield profit, you must research thoroughly about the best location for your restaurant or eatery.
Venture into Sale of Used Items
This is really a verifiable way to make money in Nigeria simply because many Nigerians prefer cheap second-hand items to new but expensive items. Provided they can be assured that the second-hand items are authentic, lots of Nigerians will be ready to buy them in place of the new ones.
If you can site your business in the appropriate location and build a network of customers from friends, relatives, neighbours, etc. you’re very likely to succeed in this business path. Meanwhile, the good thing about this business of selling second-hand items is that you can buy a used gadget at a cheap price and resell at a moderately higher price.
Some of the items you should consider are fairly used phones, pressing irons, electric cookers, laptops, standing fans, etc. In this line of business, you should ascertain that the item you’re buying from somebody is in good condition. Also under seemingly risky circumstances, you may demand that intending sellers provide receipts serving as evidence that they are the real owners of what they are about to sell to you.
Location-wise, this business of reselling second-hand gadgets is expected to thrive in any area dominated by students of higher institutions in Nigeria.
Conclusion
At this juncture, we believe you’ve been adequately fed with information about some of the verifiable ways you can make money offline in Nigeria.
For any of these offline monetization paths you intend to tread, we advise that you do your findings and master the strategy for succeeding.