Instagram is an American-based photo and video sharing social networking platform created in 2010 by Kevin Systrom and Mike Kreiser. Instagram is very popular because of photo and video sharing. Later he bought the ownership of Facebook. It’s basically app-based social media. Instagram Android and iOS versions are available.
Instagram is one of the world’s online marketing mediums. It is a great tool in the world of marketing. It has more than 100 million users worldwide. Various brands or companies use Instagram to promote and improve their business. They spend a significant amount of their social media marketing budget on Instagram marketing. If you want to make money from Instagram, start working today.
How to make money from Instagram?
Since the acquisition of Facebook, Instagram has gradually become a professional social media platform. Instagram social media basically works to spread photos from one friend to another. No other platform has been able to create the opportunities that Instagram has created for both large and small businesses.
Instagram is right for selling products that photograph well. In other words, if your products are photogenic, presumably you’ll sell them with Instagram. Also, if you’re photogenic yourself or can take awesome photos, presumably you’ll have an enormous following which will be capitalized to sell.
How many followers do you need to make money on Instagram?
To make money on Instagram one must have a minimum of 10,000 genuine followers which helps to attract brands to use the influencer’s popularity to promote their products or services. So a larger fan base of followers ensures more money flooding in.
How much money do 10K Instagram followers bring in?
Instagram users can make money from Instagram once the fan base increases to 10k which starts streaming in big brands with sponsored payments to influencers. On average $88 per post is paid but the price varies depending on the brand’s popularity and budget.
How to Earn Money on Instagram | 5 Best Ways for 2022
#1 Posting Sponsored Content from Brands
Followers trust their influencers the most and here the brands look for a way to promote their products or brands by sponsoring them to the influencers. Now, the influencers post those products in Instagram reels for which they get paid.
Youth and teenagers of this generation take suggestions from their influencers to know which is the best product and buy them. This is a way you can follow to earn money from Instagram Reels but for this try to have a strong followers count.
#2 AFFILIATE MARKETING
Affiliate marketing allows you to earn a commission for sales that are made when someone uses your link or promo code to make a purchase. You can start earning money from your Instagram with affiliate marketing with very few followers.
Affiliate networks allow you to apply to promote a product or service. Here are some affiliate networks you can apply for:
- Amazon Associates
- Awin
- Skimlinks
- Ultimate Bundles
- Directly with your chosen brand
More and more brands now offer some type of referral scheme as well as or instead of affiliate marketing. If an organization has a ‘refer a friend‘ offer you can also earn money on Instagram by promoting this. Just remember that links on your Instagram post aren’t clickable so use the link in your Instagram bio to showcase your affiliate and refer a friend links.
#3 Sell Your Instagram Account
Yes, it works just like a business and you can sell away your Instagram account. Of course, people will only want to buy from you if you have a decent following and have built a highly engaged audience.
After you feel tired and have had enough of Instagram, you can sell it and move on to other things. There are a few websites that can help you in selling your account including Fame Swap and Viral Accounts.
#4 Own-Made Products Sell With Instagram Shopping
If you have your own product, you can create an Instagram account with that product-related category. Then if you have a large number of followers then you can easily sell your product.
If you have a factory or shop, you can open a business shop on Instagram and sell your products online. If you have 1 million fans or followers then you can sell countless products every day without any boost.
As you may have noticed, today different people are promoting and selling sarees and other clothes through social media platforms.
#5 Sell Your Photography
If you want to make money with Instagram in a direct way, you can upload some of the images that you have prepared for this network to an image bank and put a price on them.
You could use Shutterstock.com, which works under the concept of micro-stock. Be mindful that this means your photos are available for anyone to use (for a price).
With the ever-increasing use of the internet, the need for digital images has grown exponentially and for this reason, micro-stock portals were created.
They are a kind of low-cost image bank where you take the pictures and they sell them. The fees are distributed in proportion. For example, for every 100 images, you can get 400 dollars a year, but if you are regularly uploading new ones, for about 1600 photos you could get 6400 dollars every year.
There is no secret here, just consistency in taking quality photos and uploading them to the platforms. Normally, there is no exclusivity, so you can upload the same one to several different portals.
One tip is to upload images from your Instagram that you know may be needed by companies or agencies.
Conclusion
Remember, today it takes more effort and money to grow your followers and monetize your account than it did a few years ago. But, your initial investment doesn't have to be very high and the results will begin to build upon themselves the more you grow.
Learn, try different things, and always listen to your audience and what they want. Don't look for shortcuts, and avoid buying followers or fake likes. By adapting to your audience's tastes and working hard, you can become a real influencer and make money on Instagram!
