How to make money on Instagram? Instagram is one of the biggest social media platform owned by social media giant, Facebook. In the early days of Instagram, the platform was basically used for social interactions only. Today, information and affiliate marketers have devised various ways through which anyone can make money with this platform. With this article, I’ll walk you through the various ways you can make money on Instagram.
why you should consider making money on Instagram
As earlier mentioned, Instagram is one of the biggest social media platforms on the internet. The platform gets almost 1 billion active monthly users. As you can see, the audience is quite large, hence it will very easy for anyone to find a good spot.
Due to the active nature of this platform, and how fast it is growing, some brands are now dedicating considerable percentage of their Social media marketing budget to it. This means that the platform is gradually winning the heart of marketers. Hence if you’re so passionate about making money on Instagram, you can easily devise a good method for yourself. Or find yourself in a position where you can start raking in considerable amount of money on a daily, weekly or monthly basis. All you need to actualize this is hard work and commitment.
How to make money on Instagram
Before you can start making money on Instagram, you need a considerable number of followers. Some brands will only be interested to build a working partnership with you if you have a strong and loyal followers. If you’re lacking in this aspect, no qualms, I’m going to show you some simple techniques that will help you increase your followers in no time.
If you already have a large number of followers, feel free to skip this step.
How to increase your followers on Instagram
Below are simple ways with which you can increase your Instagram followers while building a professional looking account.
Make sure you fill out your bio with every necessary information
Information such as your contact, where you’re from, what you post about should be included on your profile in order to gain your followers’ trust and be able to attract new ones.
Add a couple of hashtags and a few keywords relevant to your field of interest to make it easier for your target audience (people interested in your field) to find you.
Take good photos
Make sure that every image you post on your wall are of the best quality with unique and attractive effects. You can take some time out to learn photo editing (graphic designing) with Photoshop and Corel Draw. Remember, no knowledge is a waste; every knowledge will pay off in the long run.
Since it’s all about building a professional looking account, you shouldn’t consider posting a weak image as that is bound to make your account look the opposite of what you’re trying to achieve. Remember, anything worth doing is worth doing well. So take your time and make sure you come up with some really cool images of the highest quality. Get a professional camera if you can afford one. If you’re too busy for all these, then you need to consider hiring a freelancer.
To get new followers every now and then will require you to be posting several images on a regular daily basis. But don’t post all at once, else it’ll backfire. And don’t go posting unnecessary or unattractive pictures in a bid to actualize this step. If you can’t commit to that many posts every day, I’d advise you post just one quality photo every day. Make sure it’s worth it. Pay attention to quality and not just quantity.
Use relevant hashtags
Without relevant hashtags, your images may not travel very far. In order for your target audience to be able to find your images easily, you must familiarize yourself with the best hashtags relevant to your field of interest. And ensure to include them in every post you make.
Engage with your followers or people of similar interest
Take some time out to engage with your followers or anybody in your field of interest by simply commenting and liking their images. If you comment with relevant contents, people will be prompted to check out your account, and by so doing, they might end up hitting the “Follow” button.
That’s it. Not too hard right? Now if you’ve succeeded in boosting the amount of your followers, let’s get down to how you can actually make money with all these followers you’ve been gathering for so long.
How to make money with Instagram
Below are various methods through which you can actually make money on Instagram. Take your time to read through.
1. How to make money on Instagram through Drop shipping
Drop shipping is one of the coolest ways anybody can make money on Instagram. What is dropshiping about? I have already written an article concerning this topic, hence I don’t need to start repeating myself. Read up everything you need to know about dropshipping here and go back to Instagram and make yourself some money. This method has the potential of making you tons of thousands of dollars on a regular daily, weekly and monthly basis. Don’t be lazy to read till the end, take your time.
2. How to make money on Instagram with Affiliate Marketing
If you’re an information marketer or a blogger, you must have heard of the term “affiliate marketing.” This is one technique through which digital marketers and bloggers are raking in thousands of dollars on a regular basis.
If you’re new to this term, “affiliate marketing” is the process of promoting a product and getting paid for every sale made through your link. I need not go deep here because I’ve already written a complete guide about affiliate marketing. Read up everything you need to know about affiliate marketing here and go and make yourself some cool cash on Instagram.
3. How to make money on Instagram by Creating Sponsored Posts
Another way you can make money on Instagram is by creating original sponsored contents for brands. What is a sponsored post? Simply put, a sponsored content on Instagram is a photo or video that highlights a brand or product.
These sponsored posts are accompanied by captions that may include branded hashtags, links, or @mentions. Since brands don’t require a formal brand ambassadorship for making sponsored contents, they are bound to partner with certain Instagram influencers for contents every now and then.
Don’t just promote any product or brand; ensure that every product or brand you promote goes a long way with your lifestyle. In other words, make sure they go along with your personal image on Instagram. The idea here is letting your followers know how such brand fits into your lifestyle.
Check out these two tools that could help you as an Instagram sponsored post creator.
This is an easy tool with which you can browse relevant campaigns already created by various brands and directly promote the ones you like. This might save you a lot of time.
This is another cool tool basically for Instagram creators looking for opportunities for sponsored post. How it works is that you’ll create a profile that depicts you and the nature of your contents. If any brand finds your contents interesting, they would invite you over for programs.
4. How to make money on Instagram as an influencer
Another way you can make money on Instagram is by becoming an influencer. If you can build an account with a large number of targeted audience, then you’re on the right path to becoming an influencer. As an influencer, information marketers, drop shippers, affiliate marketers, and even small business owners will pay you to make a shoutout about their businesses.
This is one of the coolest ways of making money on Instagram, and the only way to actualize this step is to build an account with a large audience of similar interest. Imagine getting paid ($200) to make a shoutout to a business just for a couple of hours. And these offers come in quite often.
Here, the larger your audience, the more money your clients are likely to pay. So concentrate on building a very large audience in order to get the best out of this method.
5. Make money on Instagram by selling your photos
Another way you can make money on Instagram is by selling your photos. If you’re a professional photographer, or even if you’re just some guy who likes taking pictures, Instagram is a great avenue through which you can advertise and sell your photos to either agencies or individuals.
Online presence is also important here. Make sure you’re active in order to attract the right type of accounts to follow you. Employ appropriate hashtags to make it easier for people to notice your shots and have a conversation started with some influential photography agencies or individuals.
I have written an article about how you can make online money by selling photos on Amazon, shutterstock and istockphotos, read up and go make yourself some extra cool cash with less effort.
6. Make money on Instagram by Promoting your business, products and services
As I mentioned in the introductory part of this piece, Instagram is gradually becoming a great marketing tool just like its sister social media platform, Facebook. Hence if you are a small business owner, you need to start tapping this gold mine now that it’s just a handful of digital marketers that know about the treasure that lie within the platform.
Below are the methods through which you can promote your products and services:
Get your customers to share their photos of your products on Instagram
Devise a method to get your customers to post their images of your products on Instagram. To make things easier, download ‘Repost for Instagram’ app to repost your customers’ photos.
This method has been tested and proven to be working. Employ it to your business and hopefully, you’d get a superb boost.
Consider starting your own unique hashtag which you’ll promote to your customers. This would make your brand stand out from the crowd.
Behind the scenes
People love “behind the scenes”. Hence it’s another method you should employ in promoting your businesses on Instagram. Capture activities behind the scene. For example, delicious cakes fresh out of the oven, or gold or diamond being pieced together etc. Things like these are quite appealing to people, and can add flavor to your business. Posting pictures as such will definitely attract more people to your business, and more people means more money.
Use infographic and exclusive offers
You can sell your services on Instagram with infographics and exclusive offers. This method will also help to boost your followers because people will definitely fall for it – since the chance of them finding such bonus elsewhere will be quite slim.
One thing you need to understand about promoting your business with Instagram is that you need to be creative. You need to think outside the box and devise new or better methods for yourself.
7. Sell your Instagram account
Finally, if you think you’ve had enough of Instagram and wish to move on, you can sell your Instagram account. That way, all your hard work won’t go to waste. I won’t advise anyone to sell his Instagram account though.
Below are the sites where you can sell your Instagram account:
These are the few ways you can make money on Instagram. I’ll add to this list if I devise new working methods. Now don’t just be a reader or a hearer, put these methods into action and start making some cool extra cash. Happy Money Making (*_^)