With over 1.393-billion users, Instagram is one of the best social media platforms to make a living. It doesn’t matter if you’re an influencer or a business owner. The platform has the potential to skyrocket your monthly figures!
But how? Well, the majority turn to a professional Instagram growth service. It evaluates the account, creates strategies, runs campaigns, and whatnot. As a result, there’s a boost in profile stats and ultimately, the cash inflow.
That said, hiring a service is not necessary to make money on Instagram. You can easily build a stable income stream on your own. Here are the best money-making tips on Instagram for 2022!
Add Promotional Links + CTA!
Promotion of your online store, website, or blog on Instagram is a piece of cake – quite literally. It is because the majority of Instagram users are ready to act if you provide them with a direction. According to one survey, almost 44% of users shop weekly on the app!
So, all you must do is add a promotional link with a strong CTA statement in your post text. And, boom – people will be landing on your preferred link in no time. Once your store traffic starts increasing, run a few discount offers to boost sales.
You can also use promotional links to direct the viewers to a blog that helps boost ad revenue. Or, you can send them to your YouTube channel to increase views and revenues.
Setup Live Badges
The latest Live Badge is an excellent way to make money on Instagram. It is a monetization feature that you can enable through the settings. Once done, the audience will be able to show support by buying live badges in your real-time videos.
The badges can be for $0.99, $1.99, or even $4.99. A heart symbol will appear in front of the video viewers who have purchased these badges for you. As a token of thanks, you can interact with them, give a shoutout, and whatnot.
Run Ads in Your Videos
Like YouTube, Instagram has made it easier for creators to earn through the in-stream advertising option. It allows relevant brands to run ads in your videos. So, whenever a viewer watches the ad, you get 55% of the revenue!
Plus, according to Instagram Business, you will receive the funds monthly. However, your video should be between 2 and to 4-minutes long.
Partner with Brands
Typically, brands reach out to influencers and interesting pages for paid partnerships. But, you don’t need to wait for a brand to reach out. If you have an aesthetic feed and a good following, you can reach out to brands instead.
Just select a relevant service or product company and offer them a partnership deal. For example, if you’re a cake design influencer on Instagram, you can contact cake tools or ingredients companies.
Sell Merchandise
If you have a strong influence on Instagram, selling merchandise is one of the best ways for passive income. You can easily create merchandise by printing your logo on different things. It can include jackets, hats, accessories, stationery, and even mobile phone covers.
