The holiday season is here again! This is a period when people celebrate the birth of Christ and look forward to the New Year.
It is also a period where people get to spend a lot of money either as part of the Christmas celebration or the New Year. And where there is money to be spent there is money to be made.
This, therefore, is an opportunity for those looking to make some quick money to look out for businesses that people are willing to spend money on this holiday.
Nairametrics has come up with a list of businesses that you could do by the side this holiday season.
Christmas Decoration – Despite living in a tough business environment, Nigerians still love the holiday season and depict this by spending on Xmas decorations.
You will expect offices, shops, and all kinds of businesses to have a Xmas decoration budget for their locations across the country.
Religious bodies are also not left out as they also have a budget for decorating their halls.
And what about homes? These are probably the largest market for Xmas decorations out there. Leverage social media and fast delivery to get this across to homes.
This is a short-term business so you probably have less than a week to make money here.
Events Planning – Loads of events occur during the yuletide season. It could be offices planning an end-of-the-year party, friends having a reunion party, an award show, a family barbecue, or even corporate retreats, etc.
These events need someone to plan and organize them on behalf of the attendees.
Remember, this is just you making extra money for the holiday so it doesn’t always have to be a big event.
Organizing a reunion party can earn you between N250,000 and N500,000 this holiday can be a big deal in this harsh economy.
There is some group out there planning the next big event.
Travel Tours: We know Nigeria is awash with a lot of travel agencies and tour organizers. However, not everyone has time to get one and the agents can’t also cater to all.
Why not fill in some of the gaps? Look within your circle of friends and family and use your leverage to get them to help organize their travel arrangements.
You can help them fill out their visa applications, manage their calendar, book hotels, and flights, schedule transportation to and from the airport, and all other logistics associated with traveling.
Though most families like to handle these things themselves, they can also do it with some help even if they don’t admit it immediately. That assistance can earn you a cool N50-N100k depending on how deep your client’s pocket is.
Branded Gift Items – These are branded items sent to customers by organizations.
It can be an umbrella, diary, pen, etc. with the company logo or emblem inscribed on it.
We typically advise that you get into this business at least two months before the Xmas holiday.
In fact, start as soon as it’s the “ember month period”. Why? Because a lot of organizations tidy up budgets and issue purchase orders for these items at least a month before Christmas.
People who are lucky to get this contract can make as much as a million.
Cleaning & Fumigation – It’s not just the Christmas holiday, we also have the new year to celebrate.
Most organisations typically see the end-of-the-year holiday as an opportunity to clean up their offices.
Households also use this as an opportunity to carry out fumigation and major cleaning activities in their residence and surroundings.
This business is not rocket science and it is something you can learn quickly. A fumigation service costs between N50k to N150k depending on the size of the apartment.
Imagine getting just 5 during the holidays?
Short Stays – Hotels make a lot of money during the holiday which is why they are mostly all booked. However, there is also an opportunity for short-stay businesses.
A short stay otherwise term (Air BnB) business basically lets out an apartment or room to people for a long period (typically more than two days).
It also often comes with additional facilities such as a furnished living room, kitchenette and cooking utensils. This business can come in handy for families leaving their homes for vacation elsewhere and who want to make a quick return on their apartment.
Air BnB is a booming business in Nigeria and n obvious marketplace for such a business. Air BnB services are also available in Nigeria from what we gather. So just list up your apartment for the period you are away and then boom you earn quick money. It’s also a good business for people who own mansions in villages that they visit just once in three years. Why not just lease it and make some money from it?
Christmas Hampers – One of the most popular types of packaged gift items is Christmas hampers.
A hamper business can fetch you some cool cash if you have the right connections.
Do you have an uncle or aunt who owns a thriving business but owes you that one favour you haven’t asked for? Now is the time to approach them. People make as much as a N10k spread on a single hamper. Ten hampers mean you make a cool N100k in profits.
Baking & Selling Confectionaries – Perhaps the most popular food items people consume in December after rice and chicken are cakes and “chin chin”.
Bakery businesses boom during the holiday season and it’s easy to understand why. Interestingly, you don’t need to be a professional baker or have some sophisticated skills to make some money from this.
All you need is to know how to bake and have an eye for a good presentation. This business can be very lucrative for people who live in estates.
Package it well and sell it at affordable rates. You can throw in a mix of sweets, chocolates, etc. to make your products attractive. People have made hundreds or thousands doing this business.
Provided it is not banned, this is another money spinner. These days’ people love firecrackers that you can shoot into the sky and do many things with.
You can be a retail seller of firecrackers if you know where to source very good ones.
Some people forget to buy them or just don’t think they are a priority till it’s Christmas day or new year’s eve.
Stock up some in a safe place and sell as the day approaches. It’s not one of our favorites but you sure can make money from it.
Photography – In these days of social media people take their own pictures and share in real time on time.
Nevertheless, there is still money to be made in the photography business. Some memories are better captured with a professional camera.
This is also a period when people take family portraits. If you’ve got a love for photography, then do not let this opportunity to make money pass you by.
Attend events, clubs, resorts, beaches, etc., and take wonderful pictures of people.
Make yours different and people will pay you instantly. I know a guy, who snaps with his professional camera quickly uploads it to his tablets and shares it with his customers on WhatsApp after he is paid. It’s cheaper and quicker.
Motivational Talk/MC – Are you a good speaker, have no form of stage freight, and can hold a crowd? Don’t let this talent go to waste. Most organizations and even churches organize end-of-year events that need people to moderate them.
There are also lots of wedding ceremonies requiring emceeing. You don’t have to be a comedian to take on this role.
Once you can hold a crowd or group of people spellbound you are good to go. ‘Emceeing’ can earn you as much as N100k per occasion and all you need is just two or three in the month and you are fine.
Motivational speaking is more difficult as it requires some special skill and experience you are trying to impart to your listeners.
If you have this skill then, are eloquent, and can hold a crowd then there is plenty of money to be made here. Some motivational speakers are paid millions.