5 Online Business Models You Can Start In Cameroon
I wrote a previous post on 8 businesses you can start in Cameroon with little or no capital. I realized that I have been getting a lot of traffic from that post so I decided to update it by writing this online business models you can start in Cameroon. It should be noted that there are many businesses that you can start with little or no capital in Cameroon.
Before going into that, it is very necessary for you to know what it entails to start a business in Cameroon. If you are foreigner, it will be necessary for you to understand Cameroon’s personal income and corporate taxation. Cameroon is an open country and aliens as well as nationals are allowed to own as high as 100% shares of their business. This may be just one of the reasons that you will want to invest in Cameroon.
Going back to our of topic of discussion, I will be sharing with you 5 online business models that you can start in Cameroon. Some of the business models may need just little funding to start. The good thing about these online business models is that there are already being practiced by many out there and you just need to apply them.
The biggest problem you will be facing is choosing the right one or a combination of models. If you think you want to choose any of the below business model and don’t know how to go about it, then get in touch so I can guide you through. We have short courses that we offer for the below businesses.
1. Online content writing
This is what I know best. If you are a great writer or love writing content, you can start a freelance content writing business of your own. You don’t need much to start this business. You just need research and writing skills. I read somewhere that “reading is like breathing in and writing is like breathing out”. In other for you to practice the business of online content writing in Cameroon, you must be ready to do a lot of research. You can check a previous post I made on how to start a freelance writing business in Cameroon.
That notwithstanding, it doesn’t mean those with no writing skills cannot go in for a freelance online content writing business. You can still take course on how to write on the Internet for money. It is a big business as content writers and marketers are in great need. The demand for online content from Africa by Africans is becoming very great. Many businesses are now going online and need that content to widen their audience while making their brands popular. Checkout why your business needs content marketing.
2. Online brokerage
Just like in the real world, brokers are those that make the market. They are those that bring the buyers and sellers together to facilitate transactions. At the end of the day, they will earn a commission either from one or both parties. It could be business-to-consumers (B2C) or business-to-business (B2B). The unique thing about this business model is that they sell products and services through websites. Examples of brokerage models include eBay, Macys.com and we can find Jumia, Sellamquick, etc. in Cameroon.
3. Affiliate marketing
This is one of the most popular methods people use to make money online. In this model, you partner with a business to refer visitors or readers to any of its product or service for a commission. In this case, the business pays online retailers a commission for traffic or sales generated from referring the product or service to an external website. Writing content is an added advantage for those who plan to become affiliate marketers. There are many sites out there that offer affiliate marketing opportunities like Amazon Associates and Jumia Affiliate Program in Cameroon.
This type of business model is not very new in Cameroon just that we have been practicing the offline version of it. There are many people out there that earn a living from bonuses they earn usually called “ndzama” by referring clients to other businesses.
The nice thing with affiliate marketing online business model is that you don’t need to be physically present in a specific country before entering into it. You can also start as an affiliate marketer with very little capital which maybe your data bundle or your phone. There are some affiliate sites that require you to pay in a subscription fee before joining them. Some are country, regionally, or internationally based.
As I said above, it is possible to apply one model or a combination of the online business models. The reason I am saying so is because you will see that most of the businesses I have mentioned above are practicing a combination of models I have been presenting.
Let’s go back to the dropshipping business model. This model allows you to sell products to customers without having the stock yourself. Even though dropshipping isn’t a new business model in Cameroon, the online version where the name developed may still have enough space for newcomers. If you have been selling products without having a stock, it is high time to widen your market by searching for customers online. Popular dropshipping sites in Cameroon include Jumia, Kerawa, Sellamquick and many others.
You must not have a professional ecommerce website like the above examples as you can start dropshipping online business in Cameroon just using social media. You don’t need a big capital to start one. If you want to know more about this online business model that can be started in Cameroon, then checkout is dropshipping the most trending online business in Cameroon?
Blogging may be personal or impersonal but that does not mean it cannot be a business. Others may write for fun and as a hobby, but there many out there who do it for money. Bloggers can make money from ads, selling a product or service and many other things to make money. As a blogger, you first of all have to build an audience where they will serve as a customer base for whatever you plan to sell.
Read Also: 5 Ways Blogging Can Boost Your Business
To gain traffic and build an audience, you need to first of all write good content. Your content could be entertaining, informative, personal or even funny. The end results should be to get the traffic and build the audience necessary to sell or promote products or services.
Bloggers can also make money from displaying third-party adverts like Adsense on their blogs. They can promote other people’s products or even promote products of an affiliate site. There are many ways bloggers can make money by just writing content. If you think your choice is to become a blogger, then we can guide you on what to do to earn a living blogging. Just get in touch with us.
Let’s end there for today. There are many online business models that you can engage in with little or no capital in Cameroon. Keep glued to Openhub.site and you will be updated with the latest businesses that you can start in Cameroon. If you plan on starting any of these online business models or plan on doing business in Cameroon, you should be thinking of making it legal. There are very few businesses practicing these online business models in Cameroon that are officially registered or are even paying their taxes. If you plan on registering your business, don’t hesitate to get in touch with us. You can checkout these document archive I created for entrepreneurs in Cameroon.
Was this post helpful? Don’t hesitate to share with others. You can also leave a comment below if you have one.