Technology and social media have become an integral part of our lives. Technology has made it cheap and easy to access any information that you may need and social media is growing at an incredible rate gaining more and more users every day. It is no longer just a social platform that people use to share memories with their intimate circle, more people are now making money on social media so it is to your benefit to know how this platform works and what it is all about. You also should know how to utilize the various tools the right way and attract followers. Instagram is a huge platform with more than 1 billion users. You can truly benefit from investing more time and effort in this app because that is how you can make money from it. If you are new to the world of Instagram and would like to know how, here are 4 ways you can make money on the app.
So how many followers is enough to start making money?
You cannot make money on Instagram if you do not have a big following on Instagram. You need a large audience to make money and the bare minimum amount of followers you need to aim for in order to make money is 1000. Something you also need to take into account is the number of real followers you have, an account might have 100 thousand followers and half could be bots. This is not good for making money. Building your audience on Instagram is not as challenging as you might think. You just need to post consistently and make sure that your content is unique, high quality, and capturing. The other option is to use an Instagram growth service, like Growthsilo, which will help you get more real followers quickly. You also need to engage a lot with your followers because engagement is guaranteed to bring in more followers. If you want followers fast, make use of all the Instagram features such as stories, reels, IGTV, etc, and also promote yourself on other platforms.
Become an influencer
Becoming an influencer is by far the easiest way to make money on Instagram. Influencers have a significantly large amount of followers and they are very popular and influential. It is common for brands and businesses to pay them to promote their products and services because Influencers are in the business of marketing and suggesting products and services in the form of sponsored posts, and they usually send shout-outs to the brands and businesses that they are working with. If you are a respected influencer, brands and businesses will pay for your audience reach.
Sell your stuff
First and foremost, Instagram is a visual platform and the app makes it easy for anyone to sell just about anything. Instagram recently added a shop to the app, where businesses can sell their products on Instagram. This feature allows Instagram users to browse through many virtual shops, purchase products, and when they are browsing, they can have access to product information such as the price at a simple click. If you have a business, you can sell on Instagram and it is a great way to make money.
Sell other people’s stuff
Affiliate marketing is when you make money from selling someone else’s products. You usually earn a commission for your services and this is another option that you can explore if you are looking to make money on Instagram. Just note that to be an affiliate, it works in your favour to have a decent amount of followers so you will need to build your follower count. When you are an affiliate, you will usually have to share posts with a promo code or post a story with a pop-up link that people can follow. On average, affiliates earn about 10-20% commission depending on the type of partnership you have.
Become a content creator
A content creator is someone who creates content that is entertaining and very popular in the digital space. This attracts clients because businesses want to have high-quality content for their social media and content creator supplies that need. As a content creator, you need to be authentic to attract clients and you will also need to come up with great captions.
