There are people making tons of money from Instagram.
You want to earn money too but you don't know how to earn money from Instagram.
Earning money on Instagram is easy as well as hard.
There are a lot of ways to earn from Instagram.
But it is not going to be easy as soon as you open your Instagram account. Instagram isn't a money-making place where you get in and earn money.
You have to put some work so that you can leverage money out of your Instagram account.
Once you learn how things work on Instagram you can make money like other people are making.
You might be wondering if you need to be a celebrity to earn money from Instagram,
The simple answer to this question is No, you don't have to be famous or you don't even have to show your face to the world.
The world has changed alot and you can make money from Instagram even if you are completely unknown to people.
HOW TO EARN MONEY FROM INSTAGRAM
There are tons of ways you can make money from Instagram. There are people making alot of money from Instagram,
if you put some work on it you can start earning money too. You can make money on Instagram from the following ways:
1) Shoutout
2) Affiliate marketing
3) Selling your own products
4) Sponsored post
5) Flipping account
6) Online store
1) Shoutout
Did you know that you can make money by selling shoutouts on Instagram?
You might find it weird but people do buy shoutouts.
There are a lot of brands, influencers, and retailers searching for traffic to their product and the best way to get that is by buying shoutout.
If you have a food amount of followers with great engagement you will get alot of Dms for shoutouts.
You can make alot of money with this method of earning.
When your account is brand new you will not get any request for shouts because the brands and influencers need traffic which you don't have currently.
You can grow your account where you have a couple of followers then brands and influencers will start hitting you with DMS.
You can charger your rate as per your own wish, and if both side agrees the price then you will get a deal.
How much should you charge for doing shoutouts?
Shoutout charges depend on alot of factors like followers, engagement, and niche.
Shoutout rates are different and vary from account to account.
Some pages charge less amount even after having a good number of followers and engagement whereas some charge high.
You can create a campaign of rates for shoutouts.
You can make charges for story shoutout, feed shoutout, and permanent feed shoutout.
Every shoutout has different rates and you can decide what rate your page deserves because of the more followers and engagement the more price of shoutout.
Some theme pages charge $100-$200 while having 200,000 followers for shoutout while some charge only $45 while having 1.5 million of followers.
The reason why there is a difference in price is because people aren't aware of how much they can make from their pages.
You can try different rates for your shoutouts.
You can increase the rate of shoutout as your followers and engagement increases on your page.
Always start from a small rate and you can increase.
You can join some platform where you can buy and sell shoutouts. You can join:
2) Affiliate marketing
Affiliate marketing is one of the greatest ways to earn money on Instagram.
You don't need to spend any money to start earning from affiliate marketing, you need to join an affiliate platform and start promoting that link.
You can make alot of money doing affiliate marketing, there are people making hundreds of thousands by doing affiliate marketing.
If you have good engaging followers you can make money out of it. To do affiliate marketing engagement matters more than a number of followers.
If you have a good amount of followers with good engagement you are ready to go for it.
What is affiliate marketing?
Affiliate marketing is a method of earning a commission when someone buys the product through affiliate link provided by you.
Every time when someone buys the product that you are promoting, you will get a certain amount of commission depending on how much the companies offer.
How many followers do you need to start earning from affiliate marketing?
Well, you can start making money from affiliate marketing from less than 10 thousand followers.
Like I said follower count is not very important when it comes to affiliate marketing but you need engaging followers.
If you have more than 5 thousand followers you can start making money from affiliate marketing, you may even earn from less number of followers.
How do I become an affiliate marketer in Instagram?
To become an affiliate marketer on Instagram you need to become an affiliate member from affiliate marketing platforms.
There are alot of affiliate marketing platforms, here are some to become an affiliate marketer:
* Amazon
Once you join any of these platforms, you need to search for a product you want to promote,
and once you get the affiliate link of that product you need to promote that link so that people buy that product and you can make money.
How to promote affiliate links on Instagram?
Once you get your affiliate link of the product, goto URL shortener sites like:
* Bitly
* B.LINK
* Buff.ly
and shorten the affiliate link because the affiliate link is long rough and ugly.
Once you have shortened the link goto your Instagram theme page profile and go to edit profile.
Add the link in the website section and save it.
How to start affiliate marketing?
Starting an affiliate marketing is very simple. Follow the following steps to start affiliate marketing:
a) Choose a niche
b) Choose a platform to become an affiliate
c) Choose a product on your niche and get affiliate link of yours
d) Promote that affiliate link on your Instagram
e) Get commission every time when someone buys from your link.
3) Sell your own product
If you have your own product that you want to sell, you can use free traffic from Instagram to sell your products.
Instagram is one of the best platforms to get your own business and make money out of it.
You can get free traffic on your page and save thousands of money on advertisement.
There is over 2 million business connecting with people on Instagram.
We all have seen big companies like Nike, Microsoft, Amazon in Instagram.
Why do you think these companies are on Instagram? because they can constantly update their new products and keep a connection with people.
You can also start promoting your own product on Instagram and make money out of it.
*There are 1 billion users in Instagram worldwide
*90% of account follow a business on Instagram
*50 million daily active users
*6.1 million total sponsored post expected till 2020
The stats above prove that you can make money out of Instagram with your own products.
It doesn't matter if its digital or physical product you can sell any of those.
How to start selling your own product?
a) Choose a niche
b) Create a product
c) Create a store
d) List your product in your site
e) Promote on Instagram
a) Choose a niche
Choosing a niche is very important to start your business in today's time.
Selling niche product is very easy compared to general products because targetting audience is very easy for a niche product
Find a niche that can make you tons of money and start making a product.
b) Create a product
Once you have chosen your niche, its time to make a product related to that niche.
You shouldn't make a product that you like to make, you should make a product that the audience will like and buy it.
To know what kind of product is doing well goto google trend and search for the product that you are about to create,
if it's trending its time to work for it and if it's not doing well try a different product.
c) Create a store
Once you have a product to sell, it is important to make a site where you can list your product.
You can create your store form:
* Shopify
Once your store is created list your product in your store.
d) Promote on Instagram
Once everything is set now its time to promote it on your Instagram.
There is no point in creating a store and not getting any traffic on it.
Getting sales online is very difficult because the conversion rate is very low.
If 100 people visit your store only 3 people will buy the product, this is the reason why you need to drive tons of traffic to your store.
Since you have free traffic on Instagram drive it towards your store and make money out of it.
Use a different type of strategies and try to get viewers on your site.
What kind of product can I create?
* Ebook
* Print on demand
* Handmade
* Pictures
Why you should sell your own product?
Selling your very own product is what makes you tons of money.
You can charge whatever money you want, you don't have to give your money to anyone for using their product or service.
You can sell both physical and digital product,
Once you grow your account you can create an Ebook teaching how others can grow their account and sell it
or,
you can start a print on demand business which is very easy and it takes less to no money to start this business.
Once you have your own product or service you can make your own strategy, you don't have to follow somebody's policy.
The most important thing for your business is traffic and you have free traffic, the only work you have to do now is making a good strategy.
4) Sponsored post
One of the best and easiest ways to earn on Instagram is through sponsored posts.
Sponsored post are great in alot of ways, you can get free products and also even free trips.
Whats else is a great way than getting stuff for free and also making money out of it.
There are alot of companies trying to reach out to alot of people and the easiest and best way is to make a sponsor.
These companies and brands can do ads to reach alot of people but ads are not much of worth than making a sponsor.
You may have already seen alot of posts which contain "#sponsore" or "#ad", these all are sponsored posts.
If you have a good follower and engagement number you can make money through sponsored posts.
How to get sponsored posts?
a) Choose a niche
b) Grow your account
c) Partner with brands
How to find brands?
Getting a brand for sponsore post is hard at the beginning.
Brands are looking for a big audience and it needs to be targetted audience.
Even though you have the audience the brand is targetting but the audience volume is less than it very less likely to get a sponsor approach.
But even after having a good amount of followers and engagement if you are not getting sponsored request, you can try these sites to list your account for brands to approach for sponsors:
* Crowdtap
5) Flipping your Instagram account
This method of earning might not make sense to you but you can make alot of money by selling your account.
You can make from a couple of hundreds to thousands of dollars just by selling your Instagram account.
Instagram is one of the biggest social platforms and especially for business purposes.
There are alot of brands and influencers trying to grow on Instagram but the thing is they cant grow their account.
And the reason why you should rescue the by selling your Instagram account is that they are the one who doesn't know how to grow the Instagram account,
You know how to grow your account and you have already a big account. If you can grow one account you can grow alot of accounts.
The concept of this method of earning is growing an account and sell for alot of money.
Instagram pages are in high demand. You just need the right strategy to grow your account and make it big.
What kind of account can you sell?
You can sell any niche account but the most important thing you need to consider is a number of followers and engagement.
The bigger the account the bigger the amount of money.
What's the point of buying an Instagram account? To get a big engaging audience.
and if your account doesn't fulfill this requirement you can't sell your account.
I used to get asked if I want to sell my account even when my account had just a couple of thousand of followers.
But its useless to sell accounts which don't have alot of followers because you can grow the follower of that account in some months if you do it properly and sell that account at thousands of dollars.
Can I buy followers and sell them for a high price?
The simple answer to this question is No. You cannot sell the account by buying followers.
As I said that you need a big number of followers with great engagement.
The only problem with buying followers on Instagram is that those followers won't engage in your post.
These followers are dead followers, they are just a number and nothing else.
So instead of buying your followers grow your account organically and sell it.
Where can I sell my Instagram account?
There are alot of trusted sites where you can sell your Instagram account.
b) Insta Sale
c) FameSwap
d) PlayerUp
You can sign up in these platforms and list your account and price of your Instagram account.
Is it legal to buy or sell an Instagram account?
Yes, it is legal to sell your Instagram account because there is no law that states that you shouldn't sell your social media account.
but,
when you sign up for an Instagram account you have agreed to the term to not share your user name, password or sell your Instagram account.
If you sell your account you will only violate the terms of Instagram you have agreed on.
Related: How to grow instagram account
5) Online store
Earning through online stores is the most common and one of the easiest businesses you can do.
We can get free traffic from Instagram and we can drive that traffic to our online store.
Alot of people are doing this business on Instagram is because this is one of the easiest ways of earning money.
Creating our own store some years ago was very hard and expensive but now the time has changed.
Now we can create a store on our own, we don't need to be an expert to have our own store.
Creating a store online is very cheap, we all can afford it and once a store is launched we can start making money by driving our Instagram free traffic.
You don't need to spend any money on advertisement.
Advertisement is expensive and the conversion rate cannot be predicted.
How to start your own store?
Starting your own store is very easy, follow the steps and within some minutes you will have your own store:
a) Pick a niche
b) Find a product
c) Create a store
d) Promote your store
a) Pick a niche
It is very important to choose a niche on which your store will be based on.
You can create a general store where you can sell any type of product but the problem with such a store is, its hard to get targetted consumers to your store.
You are also competing with bigger companies like Amazon and eBay. Instead, stick with a niche store.
Try to get into a niche where you can make a lot of money. Not all niche will make you the same amount of money.
Some niche can make you tons of money while other niches make you struggle to make money.
b) Find a product
Once you have picked your niche, its time to choose a product which you will be promoting to make money.
Choosing a product is the hardest thing to do because you will find tons of products related to your niche but not all products will make you money.
You have to find a product which people will like the most, you shouldn't choose the product that you like.
You aren't, not the one who will be buying it. so you have to keep yourself in customer's shoes and choose a product.
c) Create a store
After choosing a niche and product its time to create your online store.
There are alot of options for you to choose where you want to create your store.
Every platform has its own policies and you have to find the best one for you and your business.
You can check these platforms for your store:
* Shopify
Once you create your store, you have to list your product in your store and promote it.
c) Promote your store
Once you have created your store, its time to promote your store.
and this is when your Instagram account will play the most important role in making your online money.
You should add your website to your Instagram account.
How to add your store in your Instagram account?
To add your store in the Instagram account, follow these steps:
* Goto your Instagram profile
* Click on "Edit profile" button
* Scroll down and click on "website"
* Add your website URL and save.
How to promote your store?
Once your store is added, you can promote it in different ways.
* Post your product in the story with "swipe up" call to action
* You can post about your product including its price in the feed.
Disclaimer: Don't post too frequently about your store or product. Its overwhelming for your followers to see alot about your store and product instead of content that they want to see.
CONCLUSION
It is easy to make money on Instagram but if you don't put any work and expect to make money then that's not how it works.
It is a very simple way yet still you can make tons of money out of it.
You don't need to do this all day long, you can start slow and when your account grows you can make it a serious business.
There are people making fortune from Instagram, you can do it too but expecting something for doing nothing doesn't make sense.
Start slow, grow your account and once you have a good amount of followers and engagement than its time to monetize your account.
Leave a comment if you are making money from any of these methods.
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