How Popular Websites In Nigeria Make Their Money.
Have you ever wonder how How Popular Websites In Nigeria Make Their Money and stay afloat? I mean Top sites like Nairaland.com, legit.ng, lindaikejisblog etc.
Yes, the aforementioned website make millions from what they love doing, but how do they make their earnings that make them this popular and ever going?
Everyone needs money to run a business. In fact you need money to make money and more money to make more money.
So the topic of today is How Popular Websites In Nigeria Make Their Money
How Popular Websites In Nigeria Make Their Money
No doubt, Legit.ng is known to be the locally most visited website in Nigeria with milions of visitors perday.
When visiting their blog, Google Adsense embraces you so definitely, Google Adsense is their major source of income.
They also offer sponsored post from companies..
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When talking of the most popular forum in Africa, Nairaland hold that position. In fact, some people are even addicted to visiting Nairaland.
Nairaland is an online forum and platform you find almost everything you are looking for. Some Nigerian regards Nairaland as Nigeria Google.
Their source of income was solely on Google Adsense but later trash Google Adsense due to ban Issues and focused on custom targeted ad banners. Price range is from N150k upward per week.
Bet9ja.com makes no money from their website.
Of course you should know how bet9ja make their money.
With the gambling attitude of Nigerians, just like any betting company, they make their revenue through an economics of scale of sorts. In other word, financial spread betting.
Apart from the sales of over 120k printed newspaper throughout Nigeria, Vanguardngr.com also get their revenue from custom display ads (minimum of $750 per 500k impressions) and also they earn from Adsense.
Jumia charges up to 25% on every sales made by the third-party sellers on Jumia’s platform and also they make revenue from profit margin on items sold from its inventory,
Punchng no doubt sells more printed newspaper than any other printed paper in Nigeria. But aside that, just like Vanguard, they offer custom display ads and also make use of Google Adsense.
Just like Jumia, konga make their revenue from Marginal profits and seller commissions.
They also Charge minimum of ₦1000 and ₦3000 respectively monthly from shared warehousing service and seller subscription service.
Own by Linda Ikeji is regarded as the queen of bloggers makes quite all from blogging.
Should we just say, she is the richest and most popular blogger in African and even though she doesn’t top the chart in terms of traffic, she earn a lot from her visitors.
Here is the breakdown of her earnings
Page branding (background takeover) — ₦750k – ₦900k a week, ₦2.5m – ₦3m monthly
Leader board (header) — ₦1m monthly
Sponsored posts — ₦50k – ₦60per post
Sidebar ads (all-site wide) — ₦600k – ₦650k monthly
Sidebar ads (regular) — ₦500k – ₦550k monthly
Naijaloaded is a news, entertainment and Music platform.
You are graced with Google Adsense immediately you visit their page.
This is to say, they earn substantially from Google Adsense and aside that, they also offer custom display ads.
Lest i forget, they also offer sponsored post.