How to Make Money on Instagram

How to Make Money on Instagram

in this article we provide you : 

the best ways to get money from instagram …

Instagram is a disruptive ecommerce force, unlike some other social media networks. While it was first intended for photo sharing, it’s now a business platform, which can be used by anyone, including drop shipping , ecommerce business owners.

You may be thinking to yourself : can you make money on Instagram ?

How do people make money on Instagram?

How does selling on Instagram differ from other types of ecommerce business?

In this article, we’ll discuss in-depth tactics that you can implement immediately, so you too can earn money from Instagram .


Can You Make Money on Instagram?

Yes , you can definitely make money on Instagram. As long as the business can be expressed visually and creatively for marketing purposes, you can tap into Instagram’s millions of users. Now you might be thinking: right, I get that it’s possible, but how exactly can I be making money on Instagram?

To start off, here are a few ways that you can make money on Instagram:

  • You can be focusing on sponsored posts for brands that want to reach to your audience, making you the perfect medium to do that.
  • also You could become an affiliate, and earn money by selling products that belong to other brands.
  • You should also be selling your own products, which could be physical or digital products, or even a service. Basically, you can sell services and products, just like in any ecommerce business environment.
  • and You can sell your photography.

The enthusiasts of this social media platform are always looking out for new ways on how to earn money from Instagram.

Don’t worry, we’ll unravel the mysteries of how people make money on Instagram in detail in this post, along with some success stories from Instagram.

How to Make Money on Instagram ?

Instagram is ideal for selling products that photograph well. In other words, if your products are photogenic, most likely you can sell them with Instagram. Also, if you’re photogenic yourself or can take awesome photos, most likely you can have a huge following that can be capitalized to sell.

In general, there are at least 5 business models to make money on Instagram:

1. Become an influencer and make money from sponsored posts.

With your influencer status, you can propose to brands to help to promote them in your posts. An influencer is someone who has built a reputation by doing and sharing things online. They have a good following and they are able to convince their audiences about trends because of the level of trust they have built with their online presence.

Brands tend to partner with influencers to do sponsored posts that help spread the word about their products. Influencers have to manage many things at once such as the size and reach of their Instagram accounts as well as the trust and engagement that they build based on their content.

Top influencers make thousands of dollars per sponsored post. Imagine doing one sponsored post per day,

you can make tens of thousands of dollars per month easily.

A typical influencer post includes the creation of content such as an Instagram post or an Instagram story, that will include the promotion of the brand or their products. As an influencer, that’s why it’s extremely important for you to know your audience. You need to understand who your audience mainly consists of, so you know which brands would best fit your audience. If you’ve switched to an Instagram business account, you can research your numbers a bit more through your Instagram Analytics report.

Now, you might be thinking, how do I find brands to work with that will be willing to pay me all this money for a sponsored post? Well, if you’ve created a noteworthy online presence, chances are big brands will reach out to you. But, you can also find brands yourself that you think match your personality and values the best. You can reach out to brands yourself directly (through Instagram or through their websites) to try to negotiate a deal, but you can also list yourself on an influencer marketplace to increase your chances of being found by a big brand.

As an extra tip, be careful not to lose the trust of your existing audience in the process of making money from sponsored posts. That’s why it’s always a good idea to indicate with an Instagram hashtag that it’s a sponsored post (for instance, by adding #sponsored).

2. Become an affiliate and make money selling other people’s products.

You can sell other people’s products and receive a cut. Many brands sell their products through affiliate programs. There are many people that make money from Instagram this way.

The difference between an influencer and an affiliate is that an affiliate is working towards making sales for the partnering brand in exchange for a commission. On the other hand, the influencer is mainly aiming to create awareness.

Affiliates make money on Instagram through a trackable link or a promo code to make sure that any clicks are converted to sales.

Create engaging posts, so you can promote the products without being pushy. The thing is, since you can only have one link on your Instagram bio, you might want to include a landing page to your affiliate link. In each post, include a caption that the product can be purchased via the link on the Instagram bio.

At first it may sound like a challenging game, but affiliate marketing has a variety of expansion possibilities if you plan on growing. You can expand your presence by including a website and/or other marketing or social media channels.

Our team has compiled a list of eye-catching Instagram post ideas from successful brands for you to take inspiration from.

3. Sell poster photos and other virtual products.

Instagram is all about visual content. Photogenic products would sell well on Instagram. You can sell poster photos, paintings, drawings, animations, videos, and other image or video-based virtual products. On each post, refer readers to visit the link in your bio. This is another popular way that people make money from Instagram.

If you think you take high-quality pictures, there’s a chance that you can get paid for it. But don’t limit yourself with just your photography skills, explore other possibilities that enhance your pictures such as editing and composition. Use the best photo editing apps for phones to get the most out of the photos that you take. Try to be original when you’re taking pictures.

You can use Instagram to promote your photography portfolio using relevant Instagram hashtags.

4. Sell your own physical products.

You can sell any physical product that you produce yourself or purchase from suppliers. This conventional ecommerce retailing usually requires stocking some inventory, meaning you’d need to spend some startup capital to stock some products.

And it requires a place where you can keep the products, such a spare room at home or a rented storage place. For instance, if you purchase some inventory from a China-based supplier, you’d need a space to keep them before they’re ordered by and delivered to customers.

As of February 2018, you can sell products directly on Instagram through Instagram Posts and Stories. By simply tagging products in your Instagram images, you can lead your Instagram followers to your product pages where they can purchase products quickly. Here’s a complete guide to Instagram Shopping and how you can sell on Instagram. 

Or, if you’re looking for tips that will help you to sell on Instagram, check out these Instagram tips that will actually work.

5. Sell dropshipped products.

Dropshipping is a business model which you can use to run your store without ever holding any inventory. Once you’ve made a sale your supplier will ship your products from their warehouse, straight to your customer’s doorstep. You’ll never need to worry about storing, packaging, or shipping your products.

This works in a similar way to the previous point of selling products on Instagram to earn money. Just that you won’t need to store any inventory. You can easily set up a dropshipping store with Shopify’s ecommerce platform, which is free for 14 days, and Oberlo’s forever free plan dropshipping app. With dropshipping, you can experiment to find the niche products that would sell well, without wasting startup capital.


 

Should I Make Money on Instagram?

For those wondering why they should make money on Instagram, we’ve compiled the top Instagram stats for you. The numbers behind Instagram are staggering, and the platform is catching up with Facebook’s growth. While Facebook has 2.07 billion monthly active users, Instagram’s growth has reached 1 billion users over 8 years in 2018 since its launch in 2010.

With Instagram gaining nonstop popularity, it’s no surprise that Instagrammers are becoming an unstoppable force. They’ve figured out ways to make money on Instagram, and cash in on the pictures that they take.

For business purposes, the following figures are worthy of consideration for people who want to make money with Instagram:

1) 1 billion users are active every month. That’s almost three times the US population.

2) 500 million users are active every day. That’s almost double the US population.

3) In 2017, 70.7 percent of US businesses use Instagram. With 30 million businesses(both large and small) in the USA, this number translates to 21 million US businesses using Instagram.

4) 80 percent of Instagram users follow at least one business account. This translates to 640 million users following at least one business account.

5) There are 2 million Instagram advertisers every month.

6) Time spent on Instagram increases by 80 percent every year.

7) In 2016, 48 percent of US brands used Instagram to promote their businesses.

8) 300 million Instagram accounts use Instagram Stories every day.

9) Instagram users by age:

  • 18 to 29 years old: 59 percent
  • 30 to 49 years old: 33 percent
  • 50 to 64 years old: 18 percent
  • 64+ years old: 8 percent

10) Instagram users by gender:

  • Female: 38 percent
  • Male: 26 percent
  • Other: 36 percent

11) Instagram posts with location tags get 79 percent more engagement.

12) Photos with faces get 38 percent more likes.

13) User-generated content has a 4.5 percent higher conversion rate.


 

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What Are the Requirements for Making Money on Instagram?

What Are the Requirements for Making Money on Instagram?

If you want to make money through Instagram, you need to make sure that brands would want to partner with you. This means you need to start by growing your following.

How many Instagram followers do you need to get money ?

Users with more than 100,000 followers have a good chance of finding brands that would partner with them. But even if you have just a few thousand followers, you could still work with brands that need micro-influencers.

show the tips to increase instagram followers


Using apps, following do’s and don’ts list, utilizing the most optimal filters, and applying promotional tactics are key to business success. But, you still need to be aware of new trends and rules, which are necessary to make money on Instagram.

1) Master Instagram for Business

There are 2 types of Instagram accounts: personal and business. The business account was launched in July 2016. You can study using this step-by-step instructional video. Shopify also provides an in-depth tutorial for selling on Instagram.

2) Launch an Instagram Shop

An Instagram Shop lets you integrate your product catalog with your Instagram profile. In turn, this allows you to promote your products directly to Instagram users through posts, Stories, in the Explore tab, and in a special Shop tab on your profile. Our team has prepared the ultimate guide to setting up an Instagram Shop, which will help you understand how you can make money from an Instagram Shop.

3) Master Instagram Ecommerce Shopping Apps Integration

Instagram comes with limited shoppability, which requires some ingenuity to make it work for business. However, the ecommerce shopping feature can be seamlessly integrated with apps specifically designed for a Shopify store.

Try out some apps, so you’ll be able to see for yourself which ones would allow you to publish products, along with their pricing and specifications on separate pages. This way, shoppers would feel they’re still on your Instagram pages while they’re actually already on the ecommerce-ready shopping app pages.

We’d recommend using Shopify because Shopify has numerous apps that can be integrated with Instagram. Many of those apps can be tried for free, so there is no risk involved if you don’t find success with them.

4) Master Instagram Do’s and Don’ts

Instagram has detailed rules on how you should post, the types of images or videos to post, and how many times per day you can post. Following these rules could improve your chance to earn money from Instagram  It also limits the number of hashtags to include, so you can’t just spam your Instagram account with more than 30 hashtags that aren’t related to the content of the post.

According to CoSchedule, it’s recommended to post 1 to 2 times per day, so your followers wouldn’t feel overwhelmed. And you’ll also have sufficient time to create unique and out-of-this-world posts.

According to Sprout Social, the ideal length of Instagram captions is between 138 to 150 characters. For ad captions, stick with 125 characters. The optimal number of hashtags is between 5 to 10, even though 20+ is possible but not recommended. Instagram may “shadow ban” your posts if they contain more than 20 hashtags. “Shadow banning” means your posts stop showing up in searches for specific hashtags. That will consequently decrease your chances to make money from Instagram.

5) Master Instagram Filters and Photography

The difference between using the optimal and suboptimal filters can be anywhere from one to two digits of likes. Canva did a study on America’s favorite Instagram filters. They are (based on rank):  Clarendon, Gingham, Juno, and Lark. And the world’s favorite filters are: Clarendon, Juno, Valencia, Gingham, and Lark.

Most popular filters for fashion:

  • Valencia
  • Normal
  • Brooklyn

Most popular filters for fashion:

  • Kelvin
  • Valencia
  • Nashville

Most popular filters for food:

  • Skyline
  • Normal
  • Helena

Most popular filters for selfies:

  • Normal
  • Slumber
  • Skyline

Use tools like Picodash to explore which photos work well. You want to emulate successful accounts, but still create your own unique content. Motivate yourself to learn more each day so you can earn money from Instagram.

5) Create Posts Inspired by Viral Stories. Include them in between your product photos and videos on your Instagram account. You can easily design and publish inspirational images with tools like StencilPromoRepublic, and Be Funky.


 

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