The time has flown where we can use social media only for scrolling feeds and posts, but now we can earn money from it too. Yes, the dream comes true which is you can make money from Instagram. If you follow the serious strategies and tips, then you can make a serious income out of it. The number of users using Instagram is getting higher and higher which naturally increases the number of ways to earn money. So, you need to understand how big the domain is, and how the platform captures the attention of the users.
In this article, you will know the ways how to make money from Instagram by sharing stories the IGTV posts.
Can we really make money from Instagram?
Yes, you can definitely make money from Instagram if you use the platform creatively and wisely. You need to put some effort as you have to gain the attention of users all over the world. If you have enough followers, then you can start earning money from Instagram using various methods.
Here are the few simple and best ways to make money from Instagram;
- Focus on the sponsored post for brands and make them reach the right audience
- Affiliate marketing is where you can earn money by selling products of other brands
- You can be a virtual assistant for the Instagram influencer, as there are a lot of people who are seeking help
- You can write captions for the businesses
- There are a variety of products you can sell either physical or digital or even a service
- Sell your photography
How much money you can make from Instagram?
There is no exact answer if you ask how much money we can make from Instagram. Also, calculating the income from Instagram is a complicated process, and depending on the number of followers you have and the way you choose to make money, the range of income varies.
But as per the reports, some people have claimed the exact income they are getting from Instagram.
- The average money earned by an Instagram influencer is $901 if they have 1,000 to 10,000 followers by making a post
- If the visitor swipe-up advertisement on the Instagram stories then the creator will be paid from $100 to $1,500
- Celebrities like Kylie Jenner are making $983,100 per ad or for the sponsored content post
Depending on the credentials, audience size, engagement, hustle, strategy, and dash of dumb luck, the money you are earning from Instagram will vary.
6 ways to earn money from Instagram:
Sponsored Posts
If you have a large number of followers, then you can use your profile to promote all kinds of products and whatever the brand may be. But to make the sponsored posts, you should have a decent amount of followers so that you can convince the followers to jump onto trends or to make them buy some products or services.
Also, you need to spend more time connecting with the followers so that it will build trust and a relationship with the audience. There are many brands that are partnered with Instagram influencers as they will spread the word about their products.
Affiliate Links
Affiliate links are one of the best ways to make money from Instagram and here you will get a commission by promoting other products and services. You will be partnered with the brand or the affiliate marketing network so you can promote products that are relevant to your audience.
Here, you can promote the affiliate links in bio, stories, posts, or videos that your audience can view. On every sale, you will get 5% to 15% of commission, and the affiliate is very different from the brand partnership as here you will make money only for the selling.
Sell your photos on Instagram
The major focus of Instagram is the visual content, and if you have a high-quality and creative photo then you can attract a lot of buyers. Whatever it is, where simple art illustration, videos, animations, pictures, paintings, or videos you can sell all these.
If you are a person who is interested in photography then you can make money from Instagram by selling stock photos and other pictures. There are many market places where they buy your pictures such as Twenty20, 500px, Foap Community, and others. Once they got your pictures, they will be licensed and you are not supposed to sell them somewhere.
Monetize your videos with ads
This is one of the most common ways to make money from Instagram where you will allow the brands to run ads during the videos. You need to go to the creator account settings page and enable the monetization option for in-stream video ads. Then you can start posting the videos as usual, and here the amount you get is entirely dependent on the number of viewers you gets in the feed.
You will get 55% of the revenue generated per view and you will get the payment monthly. The video should be at least 2 minutes long and if it doesn’t meet the requirements then you won’t get paid.
Become a brand ambassador
This is similar to the sponsored posts, but sometimes the companies wanted to maintain a long-term relationship with the influencers. So, you can be a brand ambassador and your job is to promote the company in a positive light on a regular basis.
Instagram is the most preferred place for marketing, so it is easy for you to find brand ambassador programs and make collaboration with companies to promote their products. If you choose the top brand then they will frequently send the products to review and promote them.
Bottom Line:
Maybe you have started the Instagram account as a hobby, but if you apply some effort then you can make money from Instagram. As the platform is growing continuously, the number of ways of earning money will be increased in the future. Apart from the ways mentioned above, there are other ways also which you can try.