In this post I will give you some insights on how to make money on Instagram. Instagram is an enormous social media platform with over a billion active users monthly. It is a very prospective platform for brands and businesses who can gain followers by maintaining an active presence on Instagram. It is though vital to turn their followers into buyers or use their followers to earn money in different ways. It also depends on your profile and your niche how you make money. Here are some of the ways you can earn money through instagram.
Collaborate with brands
Brand collaboration is a popular way of earning money. Brands pay you for advertising their products on your page. You can offer brands to advertise your products or they will approach you themselves when you have a large numbers of followers. The brands will choose you according to your niche. For example, if you have a health and beauty page on instagram, you will likely get offers by brands selling beauty products.
Become and Affiliate
Being an affiliate means making sales for brands and in return earning commission. Since you cannot put affiliate links or any links in the posts, you need to optimize your bio and add a mix of clickable links in it. You can also use links in instagram stories.You can join affiliate programs like amazon affiliate or click bank or any other brand related to your niche with an offer to sell their product.
Sell your Services or Products
Instagram is a great platform for sellers. You can sell your services, physical or digital products. There are many instagrammers who sell their products on their page and direct their audience to their shop or business through the links in the bio. Instagram stories can be a good strategy to remind your audience of your services and frequent discount deals are another way to boost your sales.
Some services and products can be.
- Use a print-on-demand service to print and ship your own t-shirts, pillows, mugs, wall art etc.
- Sell digital courses such as ebooks, design templates, online courses and more.
- Use one of the available Instagram gallery apps if you have are selling several items or products.
Monetize your Instagram content
You can monetize your content through instead video ads. Your video needs to be two minutes or more to monetize. You can also use live streaming and earn badges from your viewers.
Your audience can buy:
- One heart for $0.99
- Two hearts for $1.99
- Three hearts for $4.99
Redirect followers to your website
You can redirect your followers to your website which can be a news website, an educational website, an e-commerce website. You can make money from your website visitors through google Adsense, affiliate sales or making them buy your physical or digital products featured on your website.
Instagram is all about gaining and engaging your followers. If you are consistently posting, sharing, engaging, commenting and interacting on instagram, you can make a lot of good through your followers.
