5 Sure Ways of Earning Money on Instagram

Social media has presented viable alternatives for people to make a living without being a 9-to-5 white-collar employee. If you get it right, it is possible to earn substantially more money in comparison to “normal” employment.

Instagram is one of the social media platforms that allow you to maximize your income by targeting over 400 million of its users, the majority of whom are youth. Successful Instagrammers have devised different ways to earn a living. Let’s take a look at some of the most popular ones.

Partnering with Brands

After you have gained enough followership, you can identify brands to partner with based on their alignment with the concept of your account and its niche.

It is important to stick to an established image to boost the chances of success. The most proven way of making money is through sponsored content in the form of photos or videos that highlight a partnering brand.

If you project a relatable image and have a huge audience, brands will approach you themselves. Alternatively, you can contact companies that are willing to pay for exposure and strike deals with them. It is possible to engage them directly or through influencer platforms such as Hypr and AspireIQ, which allow you to identify and pitch to relevant brands.

Affiliate Marketing

If you do not have a significant following on Instagram, it might be difficult to earn from sponsored content. However, affiliate marketing offers an excellent opportunity for making an income by promoting products through trackable links or promo codes. The aim is to get commissions for every person who uses your link to purchase products.

Similarly, it is critical to choose products that resonate with your online image and the content you post.

You can join online affiliate programs that can help you generate the links to share with your audience. However, it is essential to note that Instagram does not allow attaching links to your posts, but you can place one in your bio and write about it in post descriptions to ensure that you earn commissions from the purchases. Even with a relatively low number of subscribers, your affiliated post can leverage popular online marketplaces such as Amazon to make attractive returns.

Selling Your Own Products & Services

Apart from selling products and services offered by third parties, you can turn your Instagram account into a kind of an online store to sell directly to your target audience.

It is highly likely that people who identify with your content will also purchase the products you offer. You can sell physical goods such as clothing, jewelry, shoes, or artwork or promote various services like massage, nail polishing, etc.

Besides, if you have established yourself as a subject matter expert in a specific area, it is possible to market digital products to an audience that finds them useful. Consequently, it is possible to cater for individuals who would wish to buy college paper, an e-book, a guide on a fitness program, etc. Instagram provides an enormous market for such digital products through which you can demonstrate your talent or get hired to deliver online services and earn your share.

Selling Your Photographs

If you love taking photos, it is possible to license and monetize them on Instagram. You do not have to be a professional photographer, but your device should be capable of capturing high-quality and unique photos.

The most effective way of selling pictures starts with identifying a popular niche in which individuals and companies are willing to purchase the photos for branding purposes.

You should ensure that you place a watermark or a caption on the images and provide clear selling details to your potential buyers. Additionally, you should utilize suitable hashtags to capture the attention of the intended audience.

Another way of making money from your photos is to use them on custom merchandise, such as t-shirts, mugs, and pillows to then sell them.

Multi-Level Marketing

Instagram is an open social platform that not only inspires you to interact with others and make new friends but also offers a solid platform for a network marketing business. Therefore, you can register with a company that sells products using the multi-level marketing approach and promote them to an audience that loves viewing photos or videos.

A reasonable audience are individuals obsessed with a healthy lifestyle. You can target them with pictures and videos of nutritious meals, inspirational messages, or workout routines.

It is essential to provide product or network marketing website links in your bio accompanied by contact information. Since you will target a community of individuals with shared objectives, they are likely to convince others to join your network. Overall, to make a lucrative venture, network marketing will require you to put in an extra effort and demonstrate that you are an avid user of the products you are promoting.

Conclusion

Instagram is among the most disruptive online commerce platforms currently. Even though it was meant to be a photo-sharing social media network, you can now utilize it as a business platform. You can earn a living full-time or part-time through partnering with brands, leveraging affiliate marketing, selling products or photos, providing services, and using multi-level marketing.