Are you ready to make money from Instagram? You may not realize that there is more than one way to do this.
Remember, creators are following the money. With money coming in from competitors’ creator funds, the platform has begun to do everything it can to add new ways to earn money.
Today, more creators are moving from just posting sponsored content to focusing on audience monetization strategies, and the diversified approach offered by Instagram may be just the money-making solution you are searching for.
Are you ready to find effective and proven ways to start making money off Instagram beyond content creation and posts? If so, keep reading. Your guide to success is below.
Related: Copywriting vs. Content Writing
1. Create Sponsored Content
You may hear the term “Instagram influencer” quite a bit.
Influencers are anyone who has gained an online following and reputation for doing or sharing quality content online. The influencer is a trusted expert, trendsetter, and tastemaker to their followers.
Most brands can’t compete with the reach that influencers have, so they partner with them instead. It’s possible to receive payments from brands by sharing Reels, Stories, and posts about their products.
2. Promote Your Business
Business owners have the option to establish a business account on Instagram. If you have an Etsy account or sell on eBay, you can create a page dedicated to your offer.
You can link your store in your profile or highlight a product in your bio. If you are approved, you can even add Instagram Shopping features, which allow you to promote your items directly.
3. Leverage Affiliate Links
Affiliate marketing lets you earn a commission from every sale you inspire.
A business or brand provides an affiliate link for you to advertise its products. You earn a commission when someone clicks on your link and buys something from it. You will find all types of businesses that offer affiliate opportunities.
4. Open an Instagram Shop
If you want to sell on social media, you’ll find that Instagram caters to you with Instagram Shopping. Users can shop your business’ images and videos straight from the platform with this feature.
You must set up your Instagram shop, share your story and sell your products. Your account does have to be approved, so keep this in mind.
5. Post Live Videos to Earn Badges
You can earn money from your audience if you share videos with them in real-time via the Live feature offered on the platform. You can showcase what you offer, and viewers can purchase badges. These are like tips that show their support.
Do you want to begin earning money from your Instagram page but need some help? If so, our team at Content Dog is here to help. Schedule a meeting to get started.
6. Sell Your Photos
Remember, at its core, Instagram is a photo-sharing platform. Photos are also assets that can be licensed, printed, and sold in several ways.
If you love photography, you can list your photos in marketplaces where a publisher may license them. If people already love the photos you share, you will have success with this money-making venture.
7. Use Ads to Monetize Your Videos
You can let brands run ads during your videos. You can set this up in your creator account by enabling the monetization option for in-stream ads. Once this is done, just post videos as usual.
How much you earn depends on the views your video receives. You get 55% of all revenue generated per view, and payments are made each month.
8. Earn Money from Your Content
As a creator, you can earn money from any content you post. You can do this by offering gated content or subscriptions.
If you have taken the time to create valuable content, this is a great way to generate revenue.
Related: How to Create SEO Content That Ranks
9. Become an Instagram Consultant or Coach
If you have a following on Instagram that is engaged, you can use your skills and teach other people what to do.
Countless people want to learn how they can increase their following on Instagram and then monetize it. Once you have done this for yourself, teach others the “tricks of the trade.”
The more success you have, the more willing people will be to pay you to learn your methods.
10. Teach Your Audience Something
Have you heard of selling info products? While this comes with some scrutiny, you don’t have to sell weird diets or dating advice for using this method (which is why it has earned a bad rap in the past few years).
If you have an Instagram page that teaches others how to do something, such as woodworking, yoga, or a foreign language, you can create a premium product to sell. This info product can generate a lot of revenue in a short time, especially if you have a dedicated following already.
Using Instagram to Make Money
Now that you have all the tips above, it’s clear there is more than a few methods for using Instagram to earn money. Keep the tips and information above in mind and try one or all the proven and effective methods.
Remember, while you may be lucky and start making money right away, it is also something that can take some time. Because of this, you should remain patient and keep working. If you do so, you will begin earning a profit from Instagram.
Now is the right time to leverage your ability to make money online. At Content Dog, we can provide even more great tips and ideas, starting with creating quality blogs and articles.