As at the current standing, Instagram is an undeniable force for regular and business account holders. With an estimation of over one billion users, it provides many opportunities to its subscribers. Besides using Instagram for marketing and campaign purposes you can harness the potential in this platform to make a few cents or earn a living out it.
So how can you make money on Instagram? There are many ways, we will look at some in this article. But the main important factor is that you need to grow your Instagram account to make money. You can see the best Instagram growth hack techniques in 2020 that will get your Instagram page surging in 2020.
If you have a good following on Instagram its time you used the numbers to make money on the platform. Read on to discover how.
Five creative ways of making money on Instagram in 2020.
- Make money on Instagram through affiliate marketing.
Affiliate marketing is the most common means of making money online. Instagram is no exception. Affiliate marketing involves promoting products or services from which you get paid a commission for each sale you make. With Instagram affiliate marketing, you promote a company’s products by posting attractive images of their products through your affiliate link provided by the company. All that you need is finding a company you want to work with, sign up for their affiliate program and you are good to go!
- Make money on Insta through sponsored posts.
Sponsored posts are a common monetizing channel for individual influencers. If you have more than 10K Instagram followers, you qualify as a micro-influencer. It doesn’t matter the number of followers. What matters is how you are engaged with your followers. To start earning this way you need to look for interested business partners, then advertise/ promote their products or services at a fee.
- Start selling physical products.
If you already on Instagram sign up for eCommerce shop and start selling physical products. Alternatively, you can sell on Amazon, eBay or Esty through shopping on the Instagram shopping program. Shopping on Instagram was previously a reserve for users in the USA however for two years now since its first launch in 2018 it is available for all user with business accounts across the globe.
- Make money by selling photography and digital images.
If you are a talented content creator Instagram is the ideal place to monetize your talent. It is the perfect place to display your beautiful images and video and reach as many interested people as possible. You can sell content through an online store where you add URL links redirecting users to your store or sell directly through your business account on Instagram.
- Work as an Instagram expert.
If you have worked with Instagram as a marketer, or you are just an Instagram fanatic with some expertise in Instagram management, you can use your experience to earn you some money on the platform. There are many businesses and influencers out tree are willing to let you manage their account at a fee. you can source them in platforms such as PeoplePerHour, Upwork or freelancer.
So, can you Make Money on Instagram? Yes. There are many more ways, of making money on Instagram. As you can see if you have something unique to offer to your audience you can always monetize it for money.