It is no longer news that Instagram is currently one of the most popular social media platforms in the world, with more than 2 billion active users. While you can have all the fun, it is also possible to make money on Instagram, doing absolutely what you love or what you choose.
The platform has become a lucrative business for Influencers and businesses who have mastered the art. However, for you to also earn like these brands, you need to build a large follower base to gain a broader reach and higher engagement rates that can create valuable openings for you to get the cash!
Going further in this article, we will explain to you various ways in which users can make a living on Instagram.
How Many Instagram Followers Do You Need to Make Money?
The number of followers that you need to start earning on Instagram can vary, depending on different factors. You need a minimum of 1000 followers to start earning on Instagram. And Instagram influencers with 1000 – 10,000 followers can earn up to $1,420 every month. If you wish to earn higher than that, you have to continuously put in the effort to increase your followers.
You should consider buying real Instagram followers as the means to grow your followers as fast as possible so you can start earning.
While you are required to boost your follower count, the engagement rate on your page and the niche audience are some other vital factors that can affect your potential to be paid. Therefore, you cannot afford to get ordinary followers who wouldn’t engage with your profile.
7 Actionable Ways to Make Money on Instagram
You can now start getting paid while you have fun. The following are some ways to make money on Instagram:
1) Partner with Brands
Having a joint partnership with brands is a great way to get funded on Instagram. This is when you have agreements, such as making sponsored posts to influence your audience to patronize the businesses. With this, you can monetize your content by promoting various brands and products.
However, to attract high-value businesses that can pay you well, you need to build a brand reputation for yourself and establish great trust with your followers. This will help you get good results that can bring more collaboration deals for you.
2) Open Your Own E-Commerce Store
As an Influencer, you can also use Instagram to sell your own products and merchandise. Instagram is a powerful sales channel where you can leverage its huge user base to reach thousands and millions of people who can be interested in the products that you offer.
Since you already have a relevant audience, you can create your own E-Commerce store and share your links via your posts to gain a wider reach of potential buyers and get massive sales conversions that can yield good proceeds for you.
3) Affiliate Marketing
Being an Affiliate Marketer is quite similar to partnering with various brands. It gives you the right to promote goods and services of other businesses through affiliate links, but you only get paid when you get people to pay for those offers.
So you can have this form of affiliation with brands to sell their products on Instagram and get your own percentage. To make this super effective, we recommend that you only work with brands that offer services that are valuable to your own audience to get maximum sales.
4) Selling Products
Another way to earn via Instagram is by creating your own digital or physical products to sell on Instagram and making engaging posts to entice your audience to buy. But make sure that you only offer goods that align with your brand and niche for effective sales.
Considering that your products are great and that your audience is familiar with you and trusts you, it will help you to make some good money.
5) Monetize Your Content
As much as you are creating posts to entertain and engage your audience, you also need to consider monetizing various content like stories, videos, and images. You can easily achieve this from your Ad revenue as well as sponsored content for other brands.
You should create high-quality content that resonates with your target audience so that they can be inspired to make purchases for you would get paid.
6) Earn Badges through Live Videos
Among the various opportunities to make money is earning badges when you make interesting and engaging videos via Instagram Live.
Create high-quality video content or show appreciated talents and products on your live videos to motivate your audience to support you with badges.
You can get as much as $4.99 on a single badge. To get more people to give you badges, be certain to promote your upcoming live videos for more awareness and engagement.
7) Buy Instagram Followers
Buying is one of the best and easiest ways to get more Instagram followers that can increase your chances of earning on Instagram. It helps you to get larger levels of engagement on your page and boosts your visibility and exposure, which can encourage various brands to work with you.
You can buy followers on Instagram from Media Mister, who delivers genuine followers from active Instagram accounts, and with a high retention rate, safe payment, interaction boost, and a money-back guarantee. Purchasing can rapidly grow your brand and also attract high-quality prospects that will pay you.
Conclusion
Making money on Instagram can become easier for you now, especially with the very useful methods that we have shared with you. Take the first step of increasing your followers, which leads to further chances that yield money.