Ideas

There are several answers to the question of how to make money from a blog. Its an established fact that blogs do make money. The goal of every blog is to gain a wide readership and then monetise such traffic. Therefore, the first step towards making money from a blog is to build up traffic. A lot has been said about this but the bottom line is writting good content that will keep the reader engaged. However, it has to be said that blogging is not a get rich quick vocation. It does involve a lot of both physical and intellectual exertions. When a good reader base has been established, any of the methods below can be used to generate revenue:

The unavailability of an online electronic payment system for mass use is a serious hinderance to online commerce in Nigeria. Until a solution is found and made accessible for everyone, the growth of online buying and selling will be greatly limited. One or two companies have tried to work out a solution but the wide spread practice remains to physically pay money into a bank account for products spotted online - that defeats the whole meaning of online shopping. Despite this handicap, certain online business ideas could still work massively. I have been looking at a business that rapidly caught on and has been valued at $1 billion in less than 12 months of launching. I am talking about the American company Groupon - the group buying startup.