Can you make money on Instagram?
Yes. Instagram has over 1 billion users and 500 million daily active users. It’s one of a social media channel that continues to grow at an unprecedented rate. You’ve probably heard stories of Instagrammers cashing in on the pictures they snap and share every day, especially if you’ve been wondering how to make money on Instagram yourself. You might’ve even looked at your own sizable following and thought, “Can I earn money from Instagram full time too?”
Now, I will tell you the ways to earn money on instagram
How to make money on Instagram
1: Become an Influencer or content creator
The only reason businesses pay money to Instagram users is the exposure to the audiences they receive in return. They hope to make money from those followers. For it to be worth their time, these brands are only interested in influencers with large audiences. The bigger the audience, the more money they can make. The average influencer who has upward of 100,000 followers charges up to $500 per post, on average
ü Create your own content that influences the audience.
ü Stay active on insta and engaged with your audience
ü Build your audience
2. Work with brands on sponsored content
After building your audience, start collabing with brands. Post sponsored ads and content. Give the review of sponsored products to your audience. You will get paid for sponsoring ads and posts.
ü You create a sponsored Instagram post (it could be a photo or video)
ü You include a branded hashtag, mention, or link to promote a brand
ü You share it with your audience
ü You get paid
3. Be an Affiliate Marketer:
Promoting other people’s products via affiliate links or selling physical products through an online store are both great options to make money on Instagram.
Sell the products of other brands and people and earn 20% to 30% commission
3. Start an Instagram Shop
With an Instagram Shop, you can integrate your e-commerce store with your Instagram profile. This is the only way you can promote your products directly to Instagram followers through your posts, Stories, the Explore tab, and the Shop tab on your profile.You even can sell anything.
MONETIZATION
Make Money From Your Content by monetizing
Just like YouTube, you can monetize your content directly on Instagram. For monetization you need minimum 1k or maximum 10k followers. 100 hours watch time on your video and combined 1000 likes or comments too. No history of content violation. You can try one of the two ways below to monetize your account
IGTV Ads
IGTV ads are a great way to monetize your Instagram content. In March 2021, Instagram made ads available to creators in the U.S., the UK, and Australia. They appear when you watch IGTV from a creator’s feed.
Live Badges (Introduced in 2020)
If you broadcast live on Instagram, Badges are a fantastic way for your followers to show their support. Think of them as tips your audience can give you when you broadcast. Your viewers can buy a badge during a broadcast, selecting from three levels of hearts that each have a different price point;
ü 1 heart for $0.99
ü 2 hearts for $1.99
ü 3 hearts for $4.99
Yes. Instagram has over 1 billion users and 500 million daily active users. It’s one of a social media channel that continues to grow at an unprecedented rate. You’ve probably heard stories of Instagrammers cashing in on the pictures they snap and share every day, especially if you’ve been wondering how to make money on Instagram yourself. You might’ve even looked at your own sizable following and thought, “Can I earn money from Instagram full time too?”
Now, I will tell you the ways to earn money on instagram
How to make money on Instagram
1: Become an Influencer or content creator
The only reason businesses pay money to Instagram users is the exposure to the audiences they receive in return. They hope to make money from those followers. For it to be worth their time, these brands are only interested in influencers with large audiences. The bigger the audience, the more money they can make. The average influencer who has upward of 100,000 followers charges up to $500 per post, on average
ü Create your own content that influences the audience.
ü Stay active on insta and engaged with your audience
ü Build your audience
2. Work with brands on sponsored content
After building your audience, start collabing with brands. Post sponsored ads and content. Give the review of sponsored products to your audience. You will get paid for sponsoring ads and posts.
ü You create a sponsored Instagram post (it could be a photo or video)
ü You include a branded hashtag, mention, or link to promote a brand
ü You share it with your audience
ü You get paid
3. Be an Affiliate Marketer:
Promoting other people’s products via affiliate links or selling physical products through an online store are both great options to make money on Instagram.
Sell the products of other brands and people and earn 20% to 30% commission
3. Start an Instagram Shop
With an Instagram Shop, you can integrate your e-commerce store with your Instagram profile. This is the only way you can promote your products directly to Instagram followers through your posts, Stories, the Explore tab, and the Shop tab on your profile.You even can sell anything.
MONETIZATION
Make Money From Your Content by monetizing
Just like YouTube, you can monetize your content directly on Instagram. For monetization you need minimum 1k or maximum 10k followers. 100 hours watch time on your video and combined 1000 likes or comments too. No history of content violation. You can try one of the two ways below to monetize your account
IGTV Ads
IGTV ads are a great way to monetize your Instagram content. In March 2021, Instagram made ads available to creators in the U.S., the UK, and Australia. They appear when you watch IGTV from a creator’s feed.
Live Badges (Introduced in 2020)
If you broadcast live on Instagram, Badges are a fantastic way for your followers to show their support. Think of them as tips your audience can give you when you broadcast. Your viewers can buy a badge during a broadcast, selecting from three levels of hearts that each have a different price point;
ü 1 heart for $0.99
ü 2 hearts for $1.99
ü 3 hearts for $4.99
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