Top 5 Online Business Ideas to Start in 2020

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top 5 online business idea nigeria 2020

Just maybe you have been pondering about what business to venture into this 2020, permit me to introduce you to the top 5 online business you can venture into and make reasonable amount of income. Truth is, even if you have a 9-5, these businesses can do well alongside to earn you more income in 2020, only if you ACT on them.

I can point out guys that are doing these businesses here in Nigeria and making a ‘killing’, so ignore the doubt whether online business works in Nigeria or not. Guys are making 7-10 figures on a regular basis and this year, you don’t want to be left behind.

Stay with me as I unleash on your laps top 5 online business to venture this year, 2020.

But before we begin, I will like you to note the following;

All of these businesses provide the opportunity to make money fast.

The key to real success, however, is a long-term vision.

What you don’t want to do is stand around waiting forever to get started!

Choose one, get going, and always make integrity a high-level priority. You want to build a positive and lasting relationship with your very first customers, so that you can keep them purchasing again and again.

When you do this right, you will not have to start from zero again; a fundamental element to starting a successful business. Start from zero once, sell excellent products and services, take care of people, and successfully build a lifestyle business.

Now let me share some of these amazing online businesses with you. One of them may just be the ‘magic idea’ that best suits you.

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Let’s get it started with number-one…

1. Sell Information Products

Also known as Information Marketing, this business idea entails you selling as an expert on a particular subject or field. If you have adequate skills or knowledge pertaining to a particular topic, then you’re one or two steps ahead in launching into the Information Marketing business. You are also potentially set up to make some serious passive income every month, without the need to start any sort of online store with physical products.

You can use your knowledge and skills to build people up while making some cash along the way!

Establish yourself as an authority in your niche, whilst striving to be best at it, market and sell what you know to other people.

There are tons of people out there seeking for information on how to prepare your favorite soup and you are perfect when it comes to this dish, why not compile a step by step guide (in an ebook or video) oh how to prepare this delicacy and sell it!

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It will amaze you how much money you will make from selling this.

Akin Alabi built his billion naira bet company from his proceeds in Information Marketing business.

So, what do you need to start?

First compile your knowledge in a step by step guide that a novice will go through it and understand. You can package your knowledge in writing form (ebook) or in a video format. Give it a mind blowing and captivating title that will make your prospective audience want to grab it quick; something like: “Sure-fire Blue Print to Relocate to Canada without being Duped”, “7 Hot Steps on How to Woo a Lady & Get Her Falling Heads Over Heels for You”, “The Best Banga Soup Recipes That Will Make Your Man Want More”, etc..

After compiling your information product, there are strategies to selling these so as not to get frustrated when you don’t make any sale.

First, you want to build a marketing funnel. Just as the name implies, a marketing funnel is a means of sieving those who are really interested in your product. It helps you to separate those who are likely to purchase your product from those who won’t.

After creating your funnel, you want to start sending traffic to your funnel to get prospective buyers in.

Once you get people hooked on what you’re selling them, you will begin to see an influx of forever clients and returning customers.

Second on my list right here is;

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