Starting an online business in Ghana is one of the best decisions to take. Before thinking of starting a business online in Ghana, there are some questions you need to ask yourself.
How do I register my business online in Ghana? Does the business need a website? How much money will it cost to set up the business online? Here, you are going to find all your answers?
Starting an online business in Ghana is not expensive. Online business does not necessarily have to involve physical structures like office space or furniture for customers. You can start an online business in Ghana with little or no money. With a little knowledge of the internet and social media, everyone can start a business online in Ghana and gets it running.
Why start an online business in Ghana
All you need is a smart phone or laptop with good internet connection.
It can reach millions of customers across the world in a shortest possible time without having to advertise it on television or radio.
What do I need to start online business in Ghana?
To start an online business in Ghana, here are the requirements for you to get started with.
- A desktop, smartphone or laptop
- Some little capital (As low as ¢100)
- Area of interest (Blog, affiliate marketing, investment or selling products)
- Time (You will need enough time for the work)
Blogging
Blogging is number one on our list because it is one of the most profitable online business to start in Ghana. You can make decent income from blogging if you know what you are doing. You can either start a blog on your own or invest in a pro blogger.
To be a successful blogger, you will need to have excellent writing skills and a good mastery of language you intend to use.
If you don't have money to start a blog, don't worry, Blogspot is a free blogging platform owned by Google which does not require you to purchase hosting.
How to create a blog with a Blogspot
- Go to the website to sign up. Click here to get started Blogger
- Fill in the details correctly
- Choose your domain name (you can later buy custom domain)
- You can get free template or default template
- After creating your blog, start creating unique contents
Most bloggers earn between $100 to $2,000 per month in Ghana. Blogging can sometimes tedious and challenging, and therefore needs consistency. In case you feel reluctant to write or operate the blog by yourself, you can employ an SEO expert to handle it for you.
Forex Trading
Forex, also known as forex trading is simply the exchanging of one currency for another in the expectation that the price will change.
Forex trading is one of the best ways to start an online business in Ghana with little income.
Here are some reliable forex brokers sites for beginners in Ghana.
- Forex.com
- Capital.com
- IG
- Interactive Brokers
- OctaFX
What to consider when choosing a trading platform
- It should be user-friendly and easy to access
- Fast Bank transfer deposits
- Heavily regulated
- Less commission obligations
Start a YouTube Channel
YouTube is one of the most profitable online business to start in Ghana. You can earn decent money by uploading contents on YouTube.
Starting a YouTube Channel can sometimes be challenging because of the monetization requirements, but once you're able to monetize your channel, you can make decent income from it.
Most YouTubers earn between $100 - $5000 per 20000 views depending on your niche and your viewer's location.
The average YouTuber earns about $500 per month in Ghana.
E-commerce and Dropshipping
E-commerce is simply means buying and selling products over the internet.
E-commerce and Dropshipping is one of the most profitable online businesses in Ghana. You can sell products online to your customers by selling high demand products.
Shopify and WordPress are best platforms in running the business.
Affiliate Marketing
Affiliate Marketing is a process in which the affiliate earns commission for marketing another person's products.
You can earn earn money online in Ghana through affiliate marketing.
To be able to work as an affiliate marketer, you need to own a website. However, there are instances where you can do affiliate marketing without website.
Here are the top highest paying affiliate marketing in Ghana
- Jumia Affiliate Marketing
- Amazon Affiliate
- Wakanow Affiliate Program
- Web4Africa Affiliate Program
- Stormer Host Affiliate Program
- Tagembed Affiliate Program
Crypto-currency trading
Crypto currency trading is becoming popular all over the world. Many people have made enough money in Ghana through crypto trading.
There are several ways to earn money from crypto currency in Ghana. However, the most commonest ones are Binary trading and holding of currencies.
Ghana is a home to some of the top crypto trading platforms. It is a booming online business for the youth in the country.
Here are the best five Crypto-currency trading platforms in Ghana
- Binance
- Ebitpoint
- Coinbase
- Paxful
- Prestmit
Survey Jobs
Survey sites are not necessarily online business sites, but you can earn money from these sites.
There are various websites that pay you to give your opinion, test products and watch videos online.
These may include Triabia Ghana, SurveySavvy, Swagbucks and Survey Junkie.
Conclusions
Online business in Ghana can sometimes be lucrative and set you on course if you know what you are doing. But be careful of ponzi websites.
Never give out your credit card details to suspicious sites. Avoid websites that ask for your bank account or credit card details.
I wish you success in your search for online business in Ghana.
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