Instagram is not only a photo sharing app but it also provides a platform to earn money via promoting several brands or being an influencer. Here are Instagram tips and tricks to earn money on Instagram.
Meta Platforms owned Instagram is not just a photo sharing app, but it has also become a medium to earn money. It is one of the popular social media platforms that allows users to share the important moments of their lives with friends and family and promote their business as well.Users can make a lot of money on Instagram with and without followers. Users just need to become creators and promote companies or brands that are attracted to dedicated communities on social media platforms to make some money. You can even sell your own products on Instagram. So, here is how to make money on Instagram with or without followers:
Here are 5 best ways to earn money on Instagram
1. Become a social media influencer and get paid for advertising products
Earning money by being an influencer on Instagram is the easiest way. To be an influencer and make money, the users need to have at least 5000 followers and a high engagement rate.
You can follow some planned marketing strategies as well. Once you become an influencer, relevant brands will approach you to create a sponsored Instagram post (maybe a video or photo) and share it on your handle. However, don’t pursue sponsored posts that you don’t believe in as it may get you in trouble with your followers who expect you to follow the ideals that you propagate.
2. Promote affiliate links
You can make money via promoting affiliate links only after people like and buy services or products you are promoting. While sponsored posts have guaranteed income, you can also make a huge amount by promoting brands through affiliate offers.However, it’s also risky and may cause losses.
Since, Instagram doesn’t allow share clickable links anywhere except in bio, the only way to promote and get affiliate income is by using promo codes. You can share the promo codes on your story and post. However, it depends on your followers, if they want to visit the affiliate websites on their own.
3. Start an online instagram shop/shopping page
You can even build an e-commerce store on your instagram handle by creating a page. This is the best way to promote your products and services directly to Instagram users by sharing posts, stories, shop tab and explore tab on your profile. Customers can check products in the app and then move to the store in just one click to place an order.
4. Tell audience about info products and get money
Apart from promoting company products via affiliate links or selling your own products you can make money on Instagram by selling info on products. You can share about any diet programme or tell your followers about some places or dating advice or practice yoga to earn income from Instagram. You can also create a premium info product that you can sell for upwards of $100.
5. Become an Instagram consultant or coach
If you have a huge and engaged fan following on Instagram, then you can earn money by coaching or consulting people about earning money. You can tell your followers about how to build a following on Instagram and monetize it.