Instagram is a platform that has great potential to make a great amount of money. If you put time and energy to build up a loyal following, there’s no reason why you can’t make a good living from your Instagram activities alone.
Methods to make money from Instagram
Here are some proven methods listed down which will let you make money by Instagram if you are willing to –
Make sponsored posts
The most common way to make money on Instagram is possible as an influencer, where you do sponsor posts for a brand.
You need a large amount of follow-up for brands to consider you viable and spend time developing your follow-up and dedication before you seek to communicate with brands.
To be effective in Instagram affiliate marketing, you need to look for products that will connect with your followers.
Don’t try to sell out of your niche products. A good rule is to only sell goods you’d purchase.
It is an effective way to make money on Instagram when you gained enough amount of followers.
You have to post eye-catching, high-quality images of your products and drive your audience to buy that product by mentioning the qualities of your products and giving your affiliate link to that product.
Sell your own products
If you make a product or are a distributor, it can be a great platform to increase your sales. You can share personal images of your items that will work well for product marketing on Instagram.
It can be a great platform to increase your sales and your business, as you can target your niche audience and make them familiar with your products and business.
Sell your services
Instagram can be an outstanding platform for supporting your service if you are a service provider.
Services like social media marketing, offering courses, or content writing sell well on Instagram.
Social Networking services are popular with the selling of services for Instagram account management, it all relies on your audience growth, the more audience you can reach, the more profitable you will be.
It is another way to make money from Instagram. If you have a good amount of followers, you can sell shout-outs to others for promoting their accounts. You can make a decent amount of money by shoutouts without much effort.
You have to tell your audience to follow and support other’s accounts and appreciate their work or any niche they are working on.
Sell your Instagram account
When you’ve managed to turn your Instagram page into a successful venture with a unique brand and a broad following, there’s a fair chance that you will sell it and earn a good amount of money.
The price of your account will vary according to your following and posts engagements.
There are some websites where you can sell your account, you can find them on google or can go to websites likefameswap orViralaccounts.
Earn money with Instagram live
Instagram creators can earn money through Instagram live.
In Instagram Live, the platform has introduced Instagram badges to users to support their loved influencer or creator. With Instagram badges, creators can earn money from their content.Badges will be next to the person’s name in their live video. Followers who will buy badges in live will have some additional features.
Earn money with IGTV ads
When people click to watch IGTV videos from previews in their feed, IGTV ads will first appear. The video ads will last up to 15 seconds. They now have a new way to monetize the content they work so hard to create with IGTV ads. It will have some eligibility criteria to show ads on your IGTV videos.
Besides these all, I’m going to tell you some pro tips which you can use to earn money from Instagram.
As I mentioned above, you need something to sell to your audience, it can be a service or a product you want to sell to other businesses or customers. So, you should grab an email list, it will help you to continue your profit even if your Instagram gets deleted, hacked or anything happens to your account. You don’t own your followers, but you do own your email list.
A freebie can be a life savior for you. It can make your email list bigger. Provide a freebie to your audience and make a newsletter that will give them something free in exchange for their email address.
Can Instagram pay you?
Instagram doesn’t pay you directly but there are some proven methods listed down which will let you make money by Instagram – 1. Make sponsored posts 2. Affiliate marketing 3. Sell your own products 4. Sell your services 5. Shoutout 6. Sell your Instagram account
How many Instagram followers do you need to make money?
You need to have at least 5k to 10k followers to make money on Instagram. Some say that followers don’t matter but according to me a good audience with a good engagement rate can make you great income. A good following can increase chances of sponsored posts, brand promotions, big collaborations, and an increase in the sale of your products.
Will Instagram pay me for followers?
Many big Instagrammers like Virat Kholi, C. Ronaldo make thousands per post but being a small or average Instagrammer you can get paid by different methods of monetization like sponsored posts, product sales, etc. but Instagram will not pay you directly.
How much money do 10k Instagram followers make?
It totally depends on them how they are monetizing their followers to earn money. They can earn a minimum to zero and a maximum of 100 dollars or more.
Can I make money on Instagram with 1000 followers?
Yes, you can do it. 1000 followers are enough to earn you a decent amount of money from Instagram. You will not get a millionaire from it but you can earn some amount of money from it. You can promote your service or sell your products by putting links in your bio or you can use websites like linktr.ee to add more links or you can also provide paid services like image editing, video editing, logo design to your followers.