Even though WhatsApp does not now permit advertising, there are numerous ways to generate money on the platform.
In recent years, social media platforms such as Facebook, TikTok, Twitter, Instagram, and LinkedIn have evolved into a way of life.
One cannot imagine one’s daily life without the presence of these social media platforms.
Most of the time, the first thing we do when we wake up is to check our social media notifications to see whether we have new followers, messages, or subscriptions.
This is pretty much what everyone does and continues to do till one fall asleep at night.
With the steady increase in user involvement and monthly active users on various platforms, the key question is: can these social engagements be monetized?
As previously stated, WhatsApp does not enable advertisements; yet, there are several ways to generate money on the app.
The best part is that you can get started right now.
Top Ways to Make Money on WhatsApp in Nigeria
Here are the best ways to earn money on WhatsApp in Nigeria:
1. Become a WhatsApp Business Marketer
This may seem unbelievable to you, yet people are paid to advertise businesses on WhatsApp.
You must be a member of relevant groups and have many contacts to promote products on your WhatsApp status.
Some folks receive thousands of views on their WhatsApp status.
As a marketer, you can make many promotional businesses if you have such contacts.
Once you’ve identified your target group, consider the best strategy to introduce your products and services to your WhatsApp audience.
You are allowed to promote yourself on other social media channels.
Don’t forget to include an attractive call to action, such as “Contact me if you’re interested.”
2. Promote Your Products and Skills
You may use WhatsApp to sell your products and skills.
This is one of several methods to make money on WhatsApp while maintaining complete control.
You should ensure that your connections and the groups you belong to or are interested in your merchandise.
If you don’t have a product, you can still dropship.
This necessitates collaboration with the product’s direct suppliers.
Once the sales are closed, the suppliers supply the stuff, and you benefit without having to stock the things.
You could also market your skill.
Share your writings with our contacts and acquaintances if you are a writer.
Whatever digital expertise you have, benefit yourself by joining communities in that field.
This is a simple method to earn money on WhatsApp by sharing your skills and products.
3. Increase Traffic to Your Blog
You can utilize WhatsApp as a traffic source if you have a blog that is sponsored by display ads or affiliate links.
However, makes money from your site, you must have high-quality traffic.
This is precisely where WhatsApp comes in.
WhatsApp makes it simple to boost traffic to your blog and retain existing readers.
For example, if your site is about fitness and lifestyle, you can make the process easier by forming a WhatsApp group.
Then go ahead and invite people to the group, making it highly fascinating so that people would be eager to participate.
You can make a concise summary of our post and attach the link to your blog at the end of each new publishing on your blog.
You might be shocked to learn that members of the group, as well as your WhatsApp connections, may be interested and click the link to read the complete story.
The links may also be forwarded, and it may even get viral on WhatsApp, resulting in numerous visits and lost money.
4. Share Affiliate Links
Today, affiliate marketing is still one of the finest ways to generate money online.
It necessitates the use of “affiliate links” to advertise products.
You are compensated each time someone purchases a product using your referral link.
A strategic and high-quality WhatsApp contact can assist you in becoming a successful affiliate marketer.
Affiliate programs come in a variety of forms, including ShareASale, Commission Junction, ClickBank, and others.
To earn money through affiliate earnings, simply copy the link to the products you desire and paste it into your WhatsApp groups, status, or build a broadcast list.
When someone buys through your link, you’ll get a commission.
When you’ve earned enough money, you can withdraw it to your local account and relax.
I’m sure you’ve been sent Short-links before, but you had no idea they existed or that someone was generating money from them.
First and first, what exactly is a short link?
Short links are just shortened URLs that go to a website.
A short link is simply a condensed form of a long link.
The truth is that both links will undoubtedly go to the same narrative, but one is simply longer and the other is shorter.
With short links, all you have to do is search for news, tips, or other material that your contacts and group members could be interested in.
All you have to do is copy the link, go to a URL shortener, login, paste the link, and shorten it.
Simply copy the abbreviated version, open WhatsApp, and share it with your contacts and pals.
When your contacts click on the link, they will see some advertisements before they get the information or story.
This is exactly how you will make money, especially if you have a huge number of contacts that appreciate reading your content.
You may still share this on your WhatsApp status.
Using a link shortener is a simple process.
Simply go to any website, register, and copy the link you want to share, then login to the link shortener, paste the link, and shrink it.
You can legitimately start making money by clicking on any of these.
If you’ve been looking for ways to make money on WhatsApp, this is a good option.
Posting short links to your status on a regular basis.
6. Pay Per Download
This is one of the methods for earning money on WhatsApp.
If you’re new to this, you’re probably wondering what it’s all about.
This is where you post stuff like photographs, films, music, games, and many other things to various websites and then get paid for each upload.
Isn’t it incredible? If you must know before the person downloads, he or she will most likely be shown surveys or advertisements.
They can only download after completing the surveys or watching the advertisements.
This is how money is created in order to pay you.
So, if you want to make money on WhatsApp utilizing this strategy, read on.
All you have to do is join clubs or make links with people who share your interests.
7. Refer Apps to Friends
There are apps on the Google Play market that pay tokens or offer recharge cards when you refer a friend to use them.
This is quite passive because the money is minimal, but who doesn’t like a free drink as long as they aren’t paying for it?
There are numerous money-saving apps that pay you to refer friends to download them.
You only need to download the app, recommend pals, and start making money.
Although the list of these apps is inconsistent, you can simplify the process by searching Google for “apps that pay when referrals to friends are complete.”
8. Data Reseller
A data reseller business model allows you to sell unused data.
These are those who wish to purchase your unused data and use it for their own reasons.
The first step is to identify someone who requires the data and is willing to pay for it.
Before selling them your previous plan or subscription, you should also see if they have any other offers, as this could lead to irritation on both sides of the transaction.
If possible, attempt to find a way to include some free credits with every purchase so that customers are more satisfied with their purchases when they are paid back later (assuming everything goes smoothly).
9. Invite to the Group
This is one of the most efficient ways of monetizing your WhatsApp.
You can use this method if you’ve already created a group, but it doesn’t have enough members.
If you want to make more money from your WhatsApp account, this is where you should start.
The first procedure is to create a new group for your product or service (for example: “How To Make Money On WhatsApp”).
You must invite people who are interested in what they will receive from this group and why they should join it.
This means that their offer must be unique in order for them to want to join it, as opposed to other similar offers out there on social media platforms like Facebook or Instagram, where users just see posts without any real value-added content such as video tutorials, etc.
So, make sure that when creating these types of groups that they include plenty of good quality content inside them, otherwise no one will want anything else after joining them!
10. Sending Messages for Money
If you’re looking to make money on WhatsApp, there are many ways to do it.
But the most lucrative way is by sending messages for money.
The first thing you need to know about this method is how much will be the cost per message.
Some people charge as little as ₦270 ($0.50), while others charge ₦150 ($0.25), depending on the agreement.
Once your client has paid for their first message and gotten started with your service (usually within 20 minutes), they’ll start sending messages every day until they have run out of money or decided that they don’t want to continue with their business relationship with you anymore!
Once all of these factors have been taken into consideration and weighed against each other carefully enough (and then again when deciding whether or not what works best in terms of profit margins), then we can start talking about how much money one can potentially generate using WhatsApp alone without having any other source lines of revenue like blogging, cryptocurrency trading or Affiliate Marketing accounts, which may offer higher commissions than those mentioned above but still require work being done on behalf of managing all aspects related directly back into making sure everything runs smoothly without any issues arising during operation period.
I hope this article was useful in informing you about the various methods you can generate money on WhatsApp.
Some of the solutions mentioned above are truly passive revenue streams.
Affiliate marketing and selling your own products, on the other hand, can earn you a huge amount of money per convert.
However, as you have learned how to make cool cash on WhatsApp in Nigeria, start putting it in practice.
Remember that consistency is essential. Don’t joke about it.
To see concrete benefits, you must be consistent with whichever strategy you finally choose for yourself.