How to Make Money on Instagram

6-ways-to-make-money

THIS POST MAY CONTAIN AFFILIATE LINKS. SEE OUR DISCLOSURE FOR MORE INFO.

4.5 (90%) 2 vote[s]

Let’s face it. Social media platforms are a big part of our lives now. Almost everything is posted, commented, and shared on social media.

A lot of people have become too dependent on them or consistently use them day in and day out. What if there’s a way to profit from these social media platforms.

Believe it or not, one great platform to use to make money is Instagram. I’m not kidding about that.

b101-6-ways-make-money-instagram_sm

You could literally make hundreds or thousands of dollars monthly with just your Instagram account.

If you’re ready to learn how to do it, read on.

How to Make Money on Instagram

People think you have to be so popular to make money on Instagram. The truth is, there are a lot of ordinary people like you and me who have gone to great success and have earned a lot of money even without the celebrity status.

Here are some of the great ways to earn money on Instagram.

1. Establish Sponsored Posts for Brands

Instagram is a wonderful photo and caption sharing site for personal, casual use, but it’s also an excellent moneymaking venture to gain some cash by advertising sponsored posts for brands.

A sponsored post is an item that goes hand-in-hand with the term “social media influencer.”

A social media influencer is someone who has a good following on social media, such as Instagram, is well known, and is an individual who people look toward in order to find the latest and greatest in trends and products.

If that sounds like a category where you might fit, there may be an opportunity for you to make some extra money as a social media influencer on Instagram.

Well-known brands and companies often express an interest in partnering with individuals who are in the virtual spotlight and have a good following on Instagram.

If you are an influencer, you can join forces with these companies, advertise their products and service offerings, and get paid to do so.

This is an easy and efficient way to make money online and from home.

Just remember, there are rules and regulations laid out by the FTC which you must abide by in order to engage in this type of venture in a legal and proper manner.

Make Money On Instagram

2. Take Part in Affiliate Programs

Taking part in affiliate programs is another beneficial way to make money on Instagram. A lot of companies are using Instagram because they know how powerful Instagram is based on their studies or surveys and are connecting with influencers to promote their affiliate programs.

As opposed to the role of an influencer, who get paid to generate awareness as to a specific brand, an affiliate is one who works hard to obtain sales for the specific company.

It goes beyond sponsored posts and has more of a sales theme to it.

Trackable links and promo codes are often used with affiliate programs.

When you partner with a company in an affiliate relationship, you’ll use Instagram to post links to that company’s products and/or services and advertise promo codes which will gain sales for the affiliate partner.

There are many website and online vendors who look for individuals to partner with in an affiliate program as it opens up their opportunity to reach a larger potential client base.

There are also affiliate marketplaces where you can start off venturing into affiliate marketing and make money on Instagram.

Affiliate marketing offers limitless potential for making money on Instagram.

3. Sell Items in an Online Store

If you have an online store, or want to open up your own online store in the near future, you can use Instagram to help market your products.

You can include a direct link to your online store on Instagram and post pictures on this social media site to entice potential customers to visit your store and turn them into buying customers.

Instagram offers a great way to get the word out on your online business and direct potential clients to your online store, which enables you to make money on Instagram.

Sometimes just seeing photos of your products in all of their beauty is what will convert a casual Instagram viewer into a customer.

Use Instagram to your advantage to boost sales in your online store and make money on Instagram this way.

You’ll find that the more you use Instagram to sell your products, the more money you’ll make and you’ll be able to save money fast from doing so.

4. Sell Licenses for Your Photos

Some individuals use Instagram as a casual way to interact with others and post photos in order to do so.

On the flip side, some individuals use Instagram strictly to show off their professional photography.

This type of photography gallery can also lead to sales of the photos. This is what you call a side hustle.

You can use Instagram to sell licenses for your photos to those who might be interested in purchasing them.

Have you ever come across a photograph online and thought, “Wow! I really want that hanging on my wall!”?

With Instagram, you can find beautiful photos and purchase them from those who are willing to sell access to them.

If you are that individual selling access to your photos on Instagram, you can make money doing so.

b101-make-money-on-instagram (1)

5. Promote Your Professional Talents

Instagram also provides an avenue to make money by promoting your professional talents.

Maybe you are a professional organizer or life coach with skills that can be shared in an online capacity.

You can use Instagram to advertise your professional expertise and gain clients from doing so.

Use the photo aspect of Instagram to interest potential clients and then let them know what types of helpful services you offer.

The Instagram page could direct potential clients to landing pages where you highlight your professional services more.

Perhaps you offer a free e-book or other helpful items to provide your potential clients with more information about you and give them a glimpse as to your helpful products and services.

Instagram provides a way to garner interest in your service offerings and turn potential clients into actual clients.

Using this social media site to promote your professional talents will help you to make money on Instagram.

6. Advertise the Instagram Offerings of Other Instagrammers

Some individuals on Instagram may have a personal or business Instagram account and want to make themselves more well known and gain additional Instagram followers.

If you have a large following, you can offer to advertise for the lesser-known Instagram individual and help to boost their follower number.

This will make them more well-known and provide you with some money as well.

There are many reasons why other Instagram users may want to be more popular on Instagram.

They may be wanting to sell their products or services or maybe just look good to friends, family members, and acquaintances in an online setting.

No matter what the reason may be for lesser-known Instagram users to need your services, know that your services may be high in demand and there is a price tag which you can put on it.

This is a way to make money on Instagram and one which many people don’t often think about as they focus more on affiliate marketing and sponsored posts.

Final thoughts:

Instagram is such a big platform and it reaches billions of people. Believe it or not, there’s money to be had there. All you need to do is to find your interest, niche, and act. Start now, find your voice, be unique, and be patient. You’ll need those to make money from Instagram sooner or later.

THIS POST MAY CONTAIN AFFILIATE LINKS. SEE OUR DISCLOSURE FOR MORE INFO.

About thepracticalsaver 1 Article
Allan Liwanag is the blogger behind The Practical Saver. An analyst by day and dedicated blogger by night, he loves to share his thoughts – based on his research, personal knowledge, and experience – on topics related to family, life, and money.

2 Comments

  1. These are all great ideas but the problem is that you have to have at least 5K followers on your instagram before any affiliates or brands will even work with you. It can take forever to get that many.

    I spent $300 on an Instagram course to find out how to get followers and it was beyond useless. Do you have tips on growing instagram followers FAST?

Leave a Reply

Your email address will not be published.


*