Sometimes it feels that life revolves around Instagram. Lots of people seem to be on it, some of them make a lot of money from it. Recent research has shown that in order to earn $100k annually on Instagram, you only need a minimum of 5000and 308 sponsored posts a year. Of course, it’s more than just that, there would be a lot of work going on in the background to generate that cash. However, it’s doable. Especially because nowadays there are many tools and services that can help you achieve your goals, one of them being buying Instagram followers. If this sounds good to you, you can check out Quantum Marketer’s reviews of the best sites to buy IG followers. You will sure find one that suits your needs. Earning cash via the social platform can be done. Let’s have a look at how to make money by Instagram.
Post content sponsored by brands
Working with brands who want to tap into your audience will mean you will generate an income. If you have built up a following, brands will be keen to work with you as they will see your content and want to be part of it. The amount that you can get for sponsored posts depends on a few factors, mainly what budget the brand has, how much they’re willing to pay you and how much you ask. There can be negotiations here however it can work out well for everyone. You can concentrate on creating content for your followers and brands can pay you to piggyback on that, reaching the audience the desire. This is our first way of how to make money by Instagram.
Use affiliate marketing selling products
Secondly, you can promote other people’s products and earn money via affiliate marketing. This is when you share a link to a product that you like or maybe even a course that you have done. When your audience clicks through and buys this, you’ll get a percentage of the amount they spend, or a set price per sign up. If you have enough followers on Instagram to have the swipe up feature on Instagram Stories, you can use this really effectively with affiliate marketing.
Get people to ‘buy me a coffee’ for your content
The next idea is an answer to how to make money by Instagram but isn’t specific to that platform. It can be for any site. There are a number of ways how you can promote the idea of people paying you for the content you create. These ‘buy me a coffee’ type sites allow followers to send you the price of a coffee, maybe £3, if they feel they have got something of worth from your account. Perhaps you will find that regular followers buy into this more than those who are more sporadic. If you create valuable free content that can help people, they might consider donating to your journey in order to help you continue to do what you are doing.
Can you start up a business with no money?
Sell your own products
On the back of the idea of creating free content, how about creating content that people will pay for? This can be a great way of how to make money by Instagram. Maybe you create a free weekly budget planner that people can download for free. However on the website you direct them to you could also sell other downloads, printables and courses. If people are following you because they like you, they will probably like what you could potential sell too. It could be anything from clothing to e-Books.
Related: How to start a planner business
These are just a few ideas of how to make money by Instagram. As the platform ever-evolves, so can the ideas of how to generate an income. Be clever, creative and connect with that following you have. The opportunities can be endless!
