Are you looking to make money from Instagram too? You’ve probably seen Instagramers make daily money for the images they capture and share. Seeing the number of your followers, even you may have thought, “Maybe I can make money this way, too.” They have and can influence them. Accessibility and influence are two important factors that provide an opportunity for content creators to monetize Instagram. They prepare. Given that content creators and businesses, today are looking to monetize Instagram in various ways, in this article, we have tried to introduce you to 6 of the best ways to monetize Instagram so that you can be one of them. Choose the right option for you.
Six ways to make money from Instagram
The most important factors for monetizing Instagram have a unique brand for Instagram content, your target audience, and your commitment. Interestingly, if a group succeeds in one way or another, it does not mean that other ways are unsuitable. Therefore, in this article, we have discussed the most common ways of earning money from Instagram. These ways will help you make good money from this popular global platform.
Collaborate with brands to create sponsored content
You’ve probably heard the term “Instagram influencer” a lot. An influencer, in general, is a person who has become very famous by performing and sharing their special and unique activities in the online space. Influencers are fashion designers and trusted experts for their audience, so their views in a particular field are highly respected. Most brands cannot compete with them. Influencers, therefore, collaborate with brands by creating sponsored content such as posts, reels, and stories to promote their products.
The number of followers and the ability to access an Instagram account to become an influencer is not enough to create brand-sponsored content and monetize Instagram. Instead, you need to be able to grow your audience with quality content that you can trust and improve interaction with. Balancing Instagram as an influencer and building trust as a content creator can be very difficult. But if you do not rely on Instagram marketing revenue, you can freely choose and collaborate with specific brands. Because brands also choose Instagram to introduce their products.
Become an affiliate marketer to earn money from Instagram
Unlike an influencer, an affiliate company focuses more on selling a brand’s products and receiving a return commission. A company usually does this by sharing a trackable link or a specific promotional code to ensure clicks are converted into sales. You can use clickable link methods in your Instagram profile bio, stories, or stickers to do affiliate marketing. If you can not put a link in your Instagram posts, you can earn money by creating advertising codes in different ways.
Set up your e-commerce store
You might think the only way to make money from Instagram is to work with other brands and sell their products. But content creators on Instagram have various opportunities to sell their products. They can help develop their brand based on the product, service, or digital product and build a business focusing on their target audience.
Content creators on Instagram have great opportunities to sell their products. Because they can introduce their products to their audience by creating a lot of content. Of course, you have to spend some time on this way of earning money from Instagram. But with the growing trend of Instagram tools, access to audiences has become easier and faster.
In general, you can sell your product in several ways:
- Provide unique printing services on T-shirts, pillows, coffee mugs, murals, and more.
- Provide services such as photography or consulting using your biography on Instagram
- Sell digital products such as online courses, e-books, or design templates.
Finally, you can use your Instagram business account to set up a startup to sell your products. With drop shipping, you can easily complete your sales process very quickly so that you do not have to keep inventory or your product will not have a return.
Sell your photos online or in print to earn money from Instagram
Someone may become famous on Twitter by telling short jokes. But Instagram is an image-sharing platform. Therefore, users’ photos are considered their assets, and they can sell their registered images in various ways, such as licensing and printing. So one way to make money from Instagram is to sell photos in print or online.
You can print your photos on posters, phone frames, pillows, and other favorite items. Even by doing this on a custom basis, you can attract different customers. In this way of earning money from this Instagram, you need to be creative to increase your opportunities to sell your products.
Make money from your content.
One way to monetize Instagram is to make money by including ads in your videos. A group of entrepreneurs has turned to video advertising to monetize Instagram. So with this method, brands can promote their products and brand in videos made by Instagram users. This method’s revenue depends on the number of views of your videos on Instagram. An Instagram user receives 55% of the advertising revenue of each video, which is paid to his account every month. There are three steps you can take to activate video ads and start earning money this way:
- Go to account settings. Select Creator first and then In-Stream Video Ads.
- Select Get Started. Read its terms and conditions. Then go to the next step with its consent.
- Change Allow Monetization in your existing Instagram videos. Then tap Continue to finish this process.
To monetize video ads, your content must be original (not a copy), and you must have a license to play music. Your video in this way of earning money from Instagram should be more than two minutes. One thing to remember is that images, polls, Rails videos, slideshows, or text-mixed videos cannot be other than promotional videos.
Sell your old items
If you’re not an influencer and just want to make more money, Instagram is a great platform for selling old goods. Everyone can help you earn money from Instagram from furniture, clothing, and collectibles.
In the end, we hope that by getting acquainted with the most common ways of earning money from Instagram, you will choose the best option according to your time, needs, and skills, and in this way, you will earn a good income.