You can equally make money online in Nigeria by simply offering web hosting services to people. Web hosting is account offering web site owners online space to host their websites. Every website exists on a host and not in isolation so if you are able to package such a service and at an agreeable condition, you could be making quick money online while getting paid in Naira.
There are many web hosting companies now in Nigeria but the truth is that, with the Nigerian factor such as inefficient power supply and lack of infrastructure, most or all of these Nigerian web hosts actually make money from reseller web hosting.
Reseller web hosting is about buying bulk web hosting services from larger internet companies like Hostgator and Netfirms at a discount and mostly a fixed price and then selling them to individual clients.
What you will need to do this:
You would need to have a credit card in order to buy the web hosting package first of all and in bulk from a merchant like Hostgator. Hostgator's reseller web hosting packages are one of the most affordable ones and go for around $25 a month.
What Hostgator Basic(aka Aluminium) reseller web hosting package contains:
And a lot more and you could pay by the month giving you a one year cost of around $300. So
How to profit from your Reseller Web hosting business
So here's how you profit after spending around $25 a month for getting a reseller account. All you need to do is try to make a sales of around $25 in a month and more in order to make profit. $25 is around N3750 and so if you are able to sell at least 10 web hosting packages for N500 in a month you would have made a profit of N500*10 = N5000 - 3750 = N1250 for selling 10 web hosting packages to Nigerian web hosting clients. You could sell as you like and te more clients you have, te more money you are likely to make. You could even divide your single package into 100 hosting accounts and make more money from it. It all boils down to your marketing skills
The calculation is based on the conditions mentioned above as you are allowed to set up your own price and so on. The Hostgator package comes with a billing system and you could set up your own shopping cart to enable you sell hosting + domains if you want. You may even decide to sell hosting at N1000 a year and for 50 web sites you would still be making a profit. So it all boils down to the right marketing skills and packaging.
The good thing about reselling web hosting services in Nigeria is that you would be able to charge for web hosting in naira and for a full years price while still being able to just pay per month to your web hosting provider like Hostgator and others.
How to receive payments for services
There are many ways to set up your shopping cart in order to be albe to receive payments from Nigerian clients and you are not even limited to Nigerian clients. For residents, you could choose Direct deposit to banks and only activate accounts after verification of payment, Alertpay, Paypal, Liberty Reserve, Interswitch, Etranzact and so on. All these payment options can be integrated to your website if you want to satrt selling online. The basic thing you need to do is to open accounts for your clients and allot them their paid package using your admin control panel.