5 Ways to Start Making Money on Instagram
Instagram is undoubtedly one of the most popular social media platforms over the last few years with an active user base of over 800 million. Instagram isn’t just about hashtags and likes.
It can also be an excellent source of passive income. As long as you have an Instagram account and are savvy about it, you can make money through Instagram.
Instagram is a social media platform that allows users to share photos and videos, follow other users’ posts, and like or comment on them.
In addition to all of the other things it can do, Instagram also has a robust commerce component. With just a few lines of text and a photo or video, you can make an online sale right from your phone.
Can you make money on Instagram?
Yes. You can also make money on Instagram in various ways and that will all depend on you and what you want to go for.
5 Ways to start making money on Instagram
There are several ways you can follow to make money on instagram. In this article, weeare going to talk about 5 of them.
1. Promote affiliate links
There are several companies or businesses who needs promotions and with that, there are affiliate links you can use in order to make money by just sharing and invitiand people to make purchases.
Share your affiliate links on every post. This is a simple way to start making money on Instagram. Sharing your links will get you more followers and give you the opportunity to earn commissions when they purchase something with your link.
2. Sell your own products or that of others
The social media is currently the greatest tool when it comes to marketing and you use Instagram for that. You might have a product you want to sell to the mass and using Instagram to promote them is a great way to make some money. You can also do same for others and get some commission on sales.
3. Become an influencer
The more active and popular you become on the app, the more open you are for brands and businesses to approach you for money gigs. So if you feel you have the numbers on the app, you can approach companies and businesses who needs influencers to promote their brands.
4. Earn badges through live videos
You can earn money directly from your audience when you showcase your talents, products and so on in a live video. Viewers can buy badges, which serves as tips to show support. Badges cost $0.99, $1.99 or $4.99.
Promote your upcoming live video sessions through posts or stories to get the word out in order to get your followers updated.
To get started, go to your professional dashboard on your Instagram account and click on the Enable Badges tab, set up your preferred way to accept payments, either via PayPal or your bank, before going live.
5. Offer subscriptions to exclusive content
If you are someone with lots of engagement on Instagram, then I’m sure your followers would love to engage theirselves in anything you try setting up.
For that, you can set up a subscription content which will not be accessible to everyone unless paid for. That can also be a way for you to generate some income.
How many followers do I need to start making money on Instagram
With 1,000 followers or more, you can start making money on Instagram. What matters most is the engagement of your followers. You can have lots of followers but if their engagement is poor, your earning journey will be quite hard.
Making money from the comfort of your home has now been made easier with the use of social media. If you have what it takes to make some few bucks using your Instagram account, then start it now!