In today’s world of business, You must hear about Instagrammer who are using their Instagram account for generating revenue. You might be thinking how to make your Instagram account rich and earn money from there.
Just like blogger.com, Youtube, and many site. Instagram also become a field to earn money. On Instagram, many companies struggle with two vital problem reach and influence.
These two things offer the opportunity for Instagrammer to explore multiple branches to generate revenue. Whether they used this money to build their empire or just earn some extra cash for different stuff.
In all your money earning process on Instagram. You must know how your Instagram followers will help you to generate revenue. If you having a thousand of followers on Instagram. Then there are the different route through which you can generate revenue through your Instagram account.
Before moving to the process let me answer some of the questions. Which is asked by many Instagrammer before they start Instagram account as the source of revenue.
How Many Followers Do You Need?
- Some of the important factor that you must remember
- What is your niche and for which niche you are working for. How you can easily tie it to a product category.
- You must have a quality of followers ( having 100K fake followers do not make any sense).
- What kind of revenue channel you explore.
Most of the top Instagrammer make a number of post on Instagram, some of them have small group of followers but having quality and engaged followers having the potential to profit.
Now let’s move to the process of making money using your Instagram Followers
How to make money using followers of Instagram account?
All factors depend on your unique brand in Instagram content, Your followers, and level of commitment inside you, Given below are the fundamental points for generating revenue through your Instagram account.
- Creating sponsored post for brands. Which your followers want to see.
- Becoming an affiliate marketer.
- Selling a digital or physical product, or giving paid service.
- Earn through your photography. By selling your photograph on Instagram.
The most important thing about Instagram is that chasing any of the revenue streams will not rule out another.
So let’s start with the most common way to monetize your Instagram account.
Affiliate marketing is easiest and popular ways to earn money on Instagram. In affiliate marketing, you have to showcase the product of other company in front of your followers and if they make a purchase through the provided link or promo code given by you. You will get a commission from your partner brand whose product you sell. But Instagram doesn’t allow to put a link in the post( you can share link only in your Bio or Stories), but using promo code in a form of picture is the best options to earn through affiliate marketing on Instagram. You can make free sign up for Amazon affiliation, Cuelink and many more, showcase their product according to your niche in front of your followers.
Be an Influencer
In affiliate marketing, you have to get sales and Influencing are about generating awareness among your followers about the particular brand and their product. Influencers help any brand to target interested customer in a higher amount. To become an Influencer, you must have engaged follower and they must have an interest in your niche. If your strategy goes true for your Instagram account then you can easily earn money through your sponsored posts from brands who want to engage with your followers.
Earn Money Through your Photography and Design
Instagram is known for its visual content. Which make it a perfect place for showcasing a photos and graphic design. To earn money through your photos using the popular hashtag show that you can easily target interested followers for your post. And the same rule applies for a graphic design. There are many webcomic who generate an enormous amount of revenue on Instagram. And there many brands who are looking for talented graphic designer with whom you can make contact and get paid.
Create Your Own Online Store
For Earning money on Instagram you don’t have to always be a representer of another brand. Creating your own online store on Instagram is also a good option for generating revenue. For this, you have to invest money and time, But in today’s world, it is natural to be an entrepreneur. Showcasing your own product in front of your followers don’t need any interesting messages from other brands into your post strategy.
Sell Your Instagram Account
In the world of marketing, every brand wants to get readymade followers.If your Instagram account having a good number of followers and you don’t want to manage it. Then you can generate good revenue by selling it. There is a number of marketplaces who facilitate such sale. Doing this you can get a good amount and it is an easier way to earn.
On Instagram, your hobby of posting pictures or sharing pictures of other is the chance to turn Instagram into a source of income by using your engaged followers. Follow any of the mentioned routes for earning income through your Instagram account and open the new path for generating revenue for your empire.