Are you looking for ways to make money online in Kenya?
I have great news for you! It has never been easier to earn money online in Kenya. In fact, hundreds of Kenyans are doing it every day and succeeding in it. So why should you be any different?
According to Statista.com, over 4.33 billion people were active users online as of July 2019. This encompasses a massive 56% of the global population.
Let’s narrow it down to Kenya.
According to statistics, we have 43,329,434 active internet users as of 2019. This is a huge number considering Kenya is estimated to reach a population of 50 million or more by 2020.
As a person who is aspiring to get an online job, that’s great news for you. That’s because you can leverage the internet to connect with and earn god money from the 4.33 billion active internet users in the world.
In this article, I have done comprehensive research on 10 actionable ways you can use to easily earn money online in Kenya 2020 with little or no investment on your part. (Some of the methods stated below could require a little investment), which I am going to share with you.
But first, let’s go over the requirements for making money online in Kenya.
What Do I Need To Make Money Online in Kenya?
- A laptop/computer
- Internet Connection
- Lots and lots of passion
Here is what we will cover in this post.
Ok, let’s get into it!
How to Earn Money Online in Kenya: Best 10 Ways to Make Money Online in Kenya that Work
#1. Start a Blog
Blogging has become very popular in Kenya.
Very many Kenyans are making a killing through blogging. Ghafla, Tuko, Softkenya just to name a few are some of the blogs that are driving in good income every month. Blogging is one of the most common and talked about ways to earn money online in Kenya.
The best thing about blogging is that anyone can do it. You can start a blog on literally any topic on the phase of the earth and start driving traffic to make money. However, if you want to make profit easily, I would suggest choosing a profitable and popular niche. That’s because this will make it easier for you to drive organic traffic to your blog.
How can I make money Blogging in Kenya?
Bloggers make money in the following ways:
- Selling Products
- Affiliate Marketing
- Google Ad sense
Steps to Creating a Blog
Step 1: Pick a niche that you are passionate about
Step 2: Select a Blog name
Step 3: Get your blog online (web hosting)
Step 4: Choose a Theme and Design for your Blog
Step 5: Install important WordPress plug-ins
Step 6: Write your First Blog Post & publish it
Step 7: Drive traffic to your Blog
<<Watch this video to learn how to make a blog>>
|Blogging is easy to start||It is not an instant way to make money online in Kenya|
|It is affordable to start||Not everyone enjoys writing|
|Anyone can do it|
|Potential profits are massive|
#2 Affiliate Marketing
Affiliate marketing has also become a popular means to make money online in Kenya.
Companies like Amazon are now using affiliate marketing to get more buyers for their products. In Kenya, we have companies like Jumia and Kilimall, just to name a few, who are doing the same.
Learn How to Start Affiliate Marketing
What is Affiliate Marketing?
Affiliate marketing is the process of earning a commission by promoting other people’s or (company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale you make.
The reason why affiliate marketing has become one of the best ways to make money online in Kenya is because of how easy it is to start making an income. In fact, many bloggers in Kenya solely rely on affiliate marketing for their income.
|One of the best ways to make money online||It takes time to learn the ropes|
|Potential gains are massive|
|Best ways to make passive income|
#3. Binary Options
The truth is that binary options is not one of the well known ways of making money online in Kenya. However, the potential profit that can be made from trading binary options is massive. Binary options trading in Kenya is accessible to anyone who wishes to start.
What is Binary Options?
Binary options allows traders to speculate whether the price of an asset will go up or down in the future. For example, to make profit, a trader can determine whether the price of the EUR/USD exchange rate will go up or down.
How to Trade Binary Options in Kenya-Step by Step Guide
Step 1:Choose a broker.
Most international brokers accept Kenyan clients. Therefore, it shouldn’t be too hard to find one. However, based on their good reputation and quick withdrawal system, I would recommend IQ option or Olymp Trade
Step 2.Choose the asset you would wish to trade
Brokers like IQ option have a wide array of assets available for traders. These include; forex, cryptocurrency, stock and so on.
Step 3.Select expiry time
The best thing about trading binary options is that traders have the option to choose their expiry time. In most cases, this can range between 30 seconds and one year. This gives traders the ability to make countless trades within a short period of time.
Step4. Select the amount you want to trade
With IQ option, the minimum deposit is $10. However, the minimum amount you are allowed to trade is $1. Carefully consider the amount of money you want to place on a trade.
Step5. Click Buy or Sell
Based on your analysis, choose whether the asset price will go up/down
<<Check out this video on how to make $50 to $7000 in 10 minutes through Binary Options on IQ Option>>
|You can make massive profit within a short amount of time||It is high risk|
Freelancing is one of the easiest and fastest ways of making money online in Kenya using whatever set of skills you possess. It is also the most common and popular way for students to earn money online in Kenya.
There are hundreds of Kenyans making a significant online income through freelancing.
A good example would be Walter Akolo. He is a freelance writer and internet marketer who is making it big online. Walter gave up his full-time job to focus on freelancing and this gave him his big break in life.
As we speak, Walter is attracting clients both locally and internationally who are more than willing to pay his rates. He has also founded the freelancerKenya.com where he mentors others in freelance writing. Walter is just one out of the thousands of Kenyans making a full-time income through freelancing.
Freelancing is one of the best ways to make money online in Kenya because it’s not limited to writing. If you do not consider yourself to be a good writer, you could do graphic design, proofreading, web design and any other skill you may possess.
However, if you are interested in learning how to write quality articles, Walter offers a freelance writing course where he teaches everything that you’ll need to know about the world freelance writing.
#5 Start a YouTube Channel
This is considerably one of the most interesting ways to make money online in Kenya in 2020.
Because it’s fun to shoot videos for the public. Also, when you start a YouTube Channel, you can learn cool skills like editing.
The best thing about starting your own YouTube Channel is that you have the power to choose the content you want to put out. This depends on your passion i.e. dogs, music, DIY etc.
Another thing is that you will have no shortage of audience, especially if your content is fun, witty, informative, educative, and helpful. That’s because people are now looking to YouTube for their content needs.
|Great way to learn new skills like editing||May not suitable for camera-shy people|
|One of the easiest ways to make money online in Kenya|
#6. Sell Online Courses and EBooks
Selling online courses is a good way to make fast and easy money online in Kenya within a short period of time.
It is also a great way to earn passive income over time.
If you have knowledge on a subject, why not turn it into an online course and earn money from it?
What’s great about this is that you can choose any subject that you have an interest in and create an online course. And very soon, you will be seeing people lining up to sign up for your course.
To learn more about the topic, I would recommend reading Neil Patel’s article on ‘The Entrepreneurs Guide to Creating, Selling, and Profiting from an Online Course’.
Watch this video to the end to learn how to make money with online courses
#7. Forex Trading
Forex trading is one of the most lucrative ways of making money online in Kenya.
At first, forex trading can seem overly complicated. However, the truth is that once you grasp the basics, you can start making money from it.
The good news is that there are a number of online courses that can help you to start trading forex. These courses are both free and paid and they can train you on what you need to know.
Another great resource that I have found for trading forex is YouTube. With YouTube, you can learn from accomplished traders who are sharing their success for free.
International brokers like XM now accept Kenyan clients. Therefore, you can start trading Today!
#8. Trading Bitcoin
Trading in Bitcoin has also become a popular way to make money online in Kenya in 2020.
Bitcoin has seen a tremendous rise in value over the past 5 years alone and chances are that it will continue to increase in value as time goes by.
You could buy Bitcoin and hold it as you wait for the value to increase so you can make profit.
<<Check out this video to learn how to invest in Bitcoin>>
How to Buy Bitcons in Kenya
You can now buy Bitcoin through Mpesa for only kshs.1000.
All you have to do is create an account with Local Bitcoins or Paxful and buy Bitcoin from a trusted seller.
<<Check out the full guide on how to Buy Bitcoins in Kenya>>
#9. Online Surveys
If you have some time to spare, you could take a survey and earn some money online.
These surveys typically take between 5 minutes to 30 minutes to complete. Therefore, you don’t have to worry about it occupying all your time.
One of the best sites that I personally use for this purpose is Swagbucks.
#10. Sell your Products Online
If you’re having trouble selling your products in the traditional way, why not try selling them online.
With online selling, you’re not limited to the people in your vicinity. Therefore, you can sell to people who reside outside your local market and make a profit. In some cases, you may find clients outside Kenya who are willing to purchase your product.
To sell online, you have the option of creating your own website through Bluehost, Hostgator or any other hosting and promoting your product there.
Another option would be to utilize Facebook groups that specialize in the niche you are selling. With the second option, you already have an audience who is interested in what you are selling.
You could decide to have the best of both worlds by having both your product website and promoting on facebook groups and pages.
When looking for ways to make money online in Kenya in 2020, do not limit yourself to a few options. Rather, do your own research (DYOR) to find out which are the best ways to earn money online in Kenya.
The truth is that what works for someone else might not work for you.
Therefore, it’s important to choose an online job that you’re not only skilled at but enjoy doing. This will be a determining factor to whether you succeed or fail online.
However, you should keep in mind that some of the money earning ways listed above could take some time before you start seeing the fruits of your labor.
To earn money online in Kenya, you will need a lot of patience and perseverance.