If you’re looking for ways to make money on Instagram, consider sharing more than just your photos and videos. Share your audience. Businesses are attracted to dedicated communities of social networking applications, numbering in the thousands. If your followers match the profile of consumers the brand is trying to reach, you can make money. Not interested in going the influencer route? Tips Food bloggers can make money on Instagram Try selling your own products. There are five main ways to make money on Instagram: Sponsorship Promote your business Sell ​​your stuff Earn badges Monetize your videos with ads Here’s what to expect when it comes to getting paid on Instagram, plus tips for success. 8 Tips Food bloggers can make money on Instagram

How much do Instagram influencers earn? The top five Instagram influencers in April 2021 have more than 200 million followers each, and according to Search Engine Journal, they include Cristiano Ronaldo, Ariana Grande, Dwayne Johnson, Kylie Jenner and Selena Gomez. While the money these Instagram superstars make is astronomical, the incomes of non-celebrities are no different. Influencers with a million followers can earn somewhere around $670 per post, Web Search Marketing reported. An Instagram content creator with 100,000 followers can earn around $200 per post, while someone with 10,000 followers can earn around $88 per post. So the formula is: more followers + more posts = more money. How many Instagram followers do you need to make money? With just 1000 followers or more, you can make money on Instagram. Neil Patel, a widely known digital marketing specialist, says the key is engagement – ​​followers who like, share and comment on your posts. “Even if you have 1,000 engaged followers, the potential to make money is there,” he wrote on his blog. With a passionate fan base, no matter how small, “brands are willing to invest in you because of the meaningful actions you take on your account,” adds Patel. 5 ways to make money on Instagram 1. Sponsorship Creating sponsored posts or stories is the main way Instagram users can monetize their account. For example, if your feed is focused on pictures of your dog on a walk, an outdoor gear company might pay you to post a photo that includes their product in the photo. How to get sponsored on Instagram So how do you find a sponsor? In some cases, potential partners will reach out to you. But if you don’t want to wait for them to approach you, check out companies that help you find brands and work. Find a service Which company you use depends on your needs. There are agencies that you work with directly, like The Mobile Media Lab, and marketplaces that connect you with partners, like Influicity. Some services help you manage all your partner relationships, such as Aspire. Be truthful When looking for partners or deciding between different offers, focus on the things that suit you and that influence you. Your pet fans are more likely to trust your opinion on a dog backpack than gourmet cat food. Don’t worry about products you don’t like. If your dog suddenly tears up a “naughty” toy or bites every sweater you put on him, there is no reason to recommend these things to others. Find brands that fit the niche as specifically as possible. Fans of your outdoor dog can find many opinions about dogs in general, but really trust you to know which protective boots are best for winter. » MORE: How to make money on YouTube Remember that sponsored posts and stories on Instagram are held to the same truth standard in advertising as any other form of marketing. Be sure to include disclosure on every paid post and story. You can do this by setting up branded content in your account settings and then tagging your business partner. 2. Promote your business There are other ways to use Instagram to make money. You can create a business account to promote your business. For example, if you have an Etsy shop where you sell your crafts or a food blog that generates advertising revenue, a professional-looking Instagram account can help promote it. (This is also a common way to make money on TikTok.) You can link your Etsy or website to your profile or highlight a specific product in your bio section to direct more people to it. If your account is approved for Instagram Shopping features, you can tag products and promote your items directly. Set yourself up for success Take well-lit photos of the products you’re trying to sell or the projects you’re promoting and make them stand out. Create your own hashtag and see which competitors are using it. Encourage your clients to post photos of your items and tag you. You can also use the view feature on Instagram to learn about your audience. You can see how many eyes your message has, as well as statistics about the age range and gender of people. The app’s resources also help you find and connect with new customers. Pay money to promote posts you want more people to see. You can also add a button to your profile that links to an email address or phone number so that prospects can easily contact you. » MORE: How to make money from your phone 3. Sell ​​your castings Maybe you don’t have a business to promote, but you often sell your old clothes and accessories on sites like Poshmark. Instagram can expand your buyer group. Present and photograph your clothes and other items in an attractive way and include as much detail as possible in the description. The brand, size, condition and age of each item are good things to note. If you want to sell something special, link it to your Instagram bio. Otherwise, a link to your Poshmark or other seller profile is sufficient. Many sellers on Instagram use #shopmycloset to sell their products. 4. Earn badges through live videos You can earn money directly from your audience when you share videos in real time using Instagram Live. When you showcase your talent, products and more, viewers can purchase badges that are valuable tips to show support. Badges cost $0.99, $1.99, or $4.99. You’ll see heart symbols next to comments from people who bought them. Promote your upcoming live video sessions through posts or stories to get the word out. Then try using the Q&A feature or giving comments to commentators during the broadcast to encourage engagement – ​​and hopefully badges. 5. Monetize your videos with ads Another way to get paid: let brands run ads during your videos. To set this up, go to your author account settings and enable monetization for In-stream video ads. Then post the videos as usual. The amount you earn depends on the number of views of your video in the feed. According to Instagram for Business, you get 55% of the revenue generated per view. Payments are made monthly. However, if your videos don’t meet the requirements, you won’t get paid. For example, videos must be at least 2 minutes long to earn money. Instagram recommends aiming for 2 to 4 minutes.

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