Making money online in Kenya is among the most sought-after things on most search engines showing the popularity of online businesses. But why learn how to make money online when you can learn how to make money in Kenya online while asleep?
Just like in any other sector, however, you find winners and losers. Those who make quick money in Kenya and those who don’t! To make money online in Kenya while asleep you must be proactive.
No, this is not a mistake. This should be the first thing on your mind when creating a service or product that will make you make money in Kenya online while asleep. Which means it must happen automatically with little to no intervention from you.
With the right ideas in place, such as dropshipping Kenya, your business can run FOR YOU even when you sleep making sure that all income streams keep flowing at all times! These are ways passive income ideas to make money while you sleep.
Let’s get to the top methods to make money online while you sleep 2021, that you can invest in and will make you good money.
How to Make Money Online in Kenya While Asleep
Of course, YouTube tops the list of online business opportunities in Kenya. If you have not started a YouTube Channel, then you are missing out on major opportunities to make good money via AdSense. If done right, this is the simplest way to make money online in Kenya while Asleep. It’s also a great option if you’ve been wondering how to make money in Kenya without capital.
The only trick here is to ensure that your videos always rank high in the search engine results when people search for keywords related to your video niche. Make sure you don’t upload too many videos in a day (maybe 1-3 max).
Doing so will dilute your ranking and also annoys viewers as they find it difficult to navigate through your channel. Make quality content that will earn views and comments meaning more backlinks pointing at your channel from other sites bringing with it more traffic and therefore more income while you sleep.
YouTube pays according to the number of views your video garners. The average pay per view rests between $0.10 to $0.30. You can add more to your earnings through marketing and marketing goods and services for companies. Youtube clearly belongs among the best sites to make money online in Kenya.
Airbnb is a site that allows individuals to make money online in Kenya while asleep by renting out rooms and apartments. To do this, you have to make sure you choose a place that is close to the city center (so you don’t attract bad guests who might damage your property). If you own or can lease great property, then this is one of the most lucrative online business opportunities in Kenya.
Also, create an inviting atmosphere with good lighting, comfortable furniture, and even home accessories for those that do not stay in hotels.
To make quick money in Kenya from Airbnb, all you need to do is sign up for an account on one of the renting sites, add photos of your space on offer, and set the rates/days. Make sure these days are flexible so you can adjust them according to demand.
People looking for places will contact you directly via email/phone which means no running around town like a madman looking for clients! Make sure the reviews speak well of the space that you rent and you will have no shortage of clients knocking on your door.
This can be done through the official Airbnb sites, but there are other rival sites that are posing steep competition to Airbnb such as Craigslist, and Rent Jungle. Such are the best sites to make money online in Kenya in such a line of business. You can make as low as $15 to $100 on a single night.
You will probably agree that Airbnb is one of the best passive income ideas in Kenya.
Even without some real estate in your possession, you can still make money on Airbnb as an agent or by giving people tours. Airbnb is perfect for you if you’ve been wondering how to make money online in Kenya. Learn how to make money in Kenya without capital on Airbnb here.
Since Kenya has a high internet penetration, blogging has become the latest way for bloggers to make money. Make sure the blogs you create are appealing and of good quality so that they will be shared on social media platforms like Twitter, Facebook, Instagram, and so on. Blogging has now become one of the traditional online business opportunities in Kenya.
This is something that you can do if you own your own site, or when you are blogging on Tumblr, Live Journal, Blog.com, and Edublogs among other sites. If you’ve been wondering how to make money in Kenya without capital, blogging doesn’t require money. All it needs is dedication and time. If you do it successfully for a while, blogging is considered one of the passive income ideas in Kenya that work.
Make sure to include Google AdSense in your blog so you earn income even if people do not sign up for newsletters via your website or blog. You can also make quick money in Kenya from advertising in a variety of ways like hosting sponsored posts, affiliate programs, making paid reviews, taking sponsored product services and so much more. Done right, blogging is one of the best online business opportunities in Kenya.
Affiliate programs basically pay you commission for every customer or lead who buys something after clicking on an ad published on your site. For example, the Amazon affiliates program pays you between 4% – 8% commission on everything sold through your blog.
Blogging is usually the go-to option for most people wondering how to make money online in Kenya.
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4. Invest in Stock Market
In Kenya, there is no stock market in the same sense of the word that exists for example in India or even the United States. But you can still do this through the Nairobi Security Exchange (NSE) official site, which is one of the best sites to make money online in Kenya.
You can also invest in mutual funds and listed companies’ stocks such as those listed on the NSE (National Stock Exchange). Make it your mission to learn about financial markets and what moves stocks prices up and down, then make a plan to start investing at least part of your monthly saving into share and investment schemes.
Make sure you always get good advice from experienced investors before making any investments so you do not lose all your money! You could possibly do this through forex trading, but not binary options because they are a short-term form of trading in CFDs.
If you have a sharp brain for analytics and you’ve been wondering how to make money online in Kenya, then the stock exchange may be where you make your first million.
5. Sell eBooks Online
This is for the creative writers, you can make money only in Kenya asleep by just writing a book and publishing it online. You can do this individually in less than 5 minutes thanks to sites like KDP. This is for you if you’re a writer who has been wondering how to make money in Kenya without capital.
Make sure you have a book that is easily readable as there are many people who will just download or look at it for free online. Make sure your book can be read on any device by anyone in any place around the world.
If you live in Kenya and know how to speak local dialects, make sure you include them in your books so more people can relate to your story! Take Google as your friend while writing your eBooks. This is because they probably got all the information you need about starting a business selling eBooks.
You can post these books on sites such as Shopify, Lulu, and Kobo Writing Life, which are the best sites to make money online in Kenya if you are selling things. The amount of money you get to earn depends on the site you are selling at it. This will range from $0.7 to $1.50 per single sale.
For writers, this is one of the most convenient online business opportunities in Kenya. Having said this, start writing and making money online today!
6. Dropshipping Kenya
Dropshipping is the art of buying products from a wholesaler and then selling them to customers without touching the product at all. That way, you have no possession of the products you are selling but still make sales. Dropshipping is one of the trending passive income ideas in Kenya.
Some drop shippers will buy their goods straight from China while others choose to buy theirs in bulk from wholesalers locally. One disadvantage is that your profit margins will be very low because you don’t actually own any inventory.
Make sure you find a reputable drop shipper like Aliexpress before buying anything so that when things get hard, they can always step in to help out with refunding your customers. Aliexpress and other similar dropshipping websites are some of the top sites to make money online in Kenya.
Dropshipping in Kenya is becoming more popular as people get tired of losing money on suspicious Facebook ads that may or may not convert and be profitable. This makes it a great way to make money in Kenya online while asleep.
You can do this using your social media accounts or through commercial sites such as Jumia, Jiji, Kilimall, or Shopify. You can make good money if you remain consistent with your hassle.
7. Save in a Fixed Deposit Account
Okay, you have to admit that this has to be a long shot when it comes to making money in Kenya online while asleep. But you can make it work, anyone can make it work. That means anyone with a bank account of course.
The easiest way is to open a fixed deposit account. This will give you about 7% interest which means you will get paid by the bank for doing nothing really. But keep in mind that this can take up a lot of your time because you have to visit the bank every so often.
The more the amount you deposit then the more money you are going to make. Plus every bank has a different interest rate that they give to their clients. So, you should choose a bank with the best interest rates.
Cryptocurrency trading has made it to the list of top passive income ideas in Kenya to make money while you sleep, especially here in Kenya where money is kept in different banks. All you have to do is get enough capital that will get you enough cryptos to start you out.
You have to find platforms that will link you to buyers and sellers dealing with cryptos. You should be very aware of the market prices for the cryptos given that they will be the ones determining your profit margin. Such platforms include Crypto.com and Coinbase. These are some of the best sites to make money online in Kenya.
You can also earn passive income by investing your money in cryptocurrencies such as bitcoin, Ethereum, ripple, etc. Make sure that you are willing to take the risk though because coin prices are always changing according to demand and supply factors.
Even when it comes to trading different coins with other users. This is only possible if the government takes its time regulating this market. It’s because there have been cases where people got scammed by fraudsters who claim they sell coins but then after payments have been made they disappear without making delivery of goods or services as promised.
9. Sell Betting Tips
Sports lovers, if you know how to analyze betting tips in sport then this is the best way to make money in Kenya online while asleep. Make sure that you do your research and analysis so as not to end up disappointed with losses.
Make sure that you sell these tips at a price affordable for those who are interested in getting such tips from you but also put into consideration your time value of money. If you are passionate and skilled in betting, and you’ve been wondering how to make money in Kenya without capital, you should seriously consider this option.
You should consider how much it costs for you to gather information, analyze data and predict results which can be referred to as your opportunity cost (cost of not doing something else with the same time).
Consider that whatever service or product (information) that you will provide via content marketing plays a crucial role when it comes to convincing potential customers or readers about the credibility of what they expect from your predictions.
You can then sell your services through platforms such as Telegram and Facebook by linking up with the gamblers. This may make you as much as $100 a day, the more people you have under you then the more you will definitely make.
10. Create an App
If you are looking for passive income ideas in Kenya, creating apps should definitely be on top of your list.
There are some people who make so much money from creating apps that will make money online while they sleep. Make sure that the app you create has a way out for the users to subscribe or make direct payments.
You should make it easier for your subscribers by having all the information on how they can pay in one place. The idea behind this is to have an extra source of income when you can afford not to work based on your initial investment.
You can then sell your services through platforms such as Telegram and Facebook by linking up with the gamblers. Plus, they can be any form of apps, whether they are gaming apps or just apps that try and teach people how they can make the most of themselves, there is a market for such that just can’t be exhausted.
What is Your Play?
You have seen the different ways that you can make money in Kenya online while asleep. We have also shown you ways of how to make money in Kenya without capital. Determining which works best for you shouldn’t be too hard given that you know where your interests and capabilities lie.
Some of the passive income ideas to make money while you asleep listed above will make you cash fast while others are slow but still very sure. The slow methods, like investing in stocks and depositing funds to your fixed deposit account, will require you to use a larger amount of capital to get a considerable profit. ‘
The others require influence and creativity, a lot of creativity. The good thing is that once the business takes off, well, you are set for life.