3 Easy way to make money on INSTAGRAM

on Instagram, Nowadays, people make real money and we’re talking about five, six, seven figures here.

Perhaps you have a friend who never leaves his home but who always cash out big, and you’re wondering where he gets his money from.

My guess is his source of income is Instagram. It’s so easy to make money on that platform.

In this article, I intend to share with you some of the things people are doing to make money on Instagram.

What are the things you need to make money on Instagram?

Before you can start tapping into Instagram’s goldmine of riches, you need to first get some things in place.

You need to create an Instagram brandAs far as brand voice goes, you need to decide on a theme, tone, style and look.

That is, what do you want your Instagram page to look like? The theme could be sports, fashion, lifestyle, electronics, gaming, betting, architecture, pet, or what have you.

After deciding on one, visit at least 10 profiles that are already doing something similar to your chosen theme, and check the style of their posts. These will be your guides.

Write akiller page description:

 What does your page description look like? 

This is what will tell a new visitor what your page is about.

Make it brief, concise, and catchy.

Look at this example from popular finance brand Wealthfit:

Follow that same format to describe your Instagram page.

Have so many followers: It is strongly recommended you try and gain as many followers as possible. The higher the number of followers you have, the greater the money you can make.

In the figure below, you’ll find all the tips you need on how to gain Instagram followers .


Ways to make money on Instagram

1.Become an influencer and make money from sponsored posts:

 The first and the easiest way to make money on Instagram is to become an influencer.

An influencer, in simple terms, is someone who influences the purchasing decisions of others. Lots of brands—SMEs and large enterprises—use influencers for marketing their products.

Once you’re identified as a reputed influencer in your niche, brands will reach out to strike sponsorship deals with you. I return, you’ll promote their products to your audiences.

Typically, influencers make a lot of money. But the amount you make depends on the number of followers you have and the engagement levels of those followers.

How much do influencers make?

Brands are paying influencers handsomely. On average, nano influencers—people with more than 5,000 followers—get $10-$100 per sponsored post.

Micro-influencers—those with more than 10,000 but less than 100,000 followers—get somewhere between $100 and $500 per post.

The macro guys pocket anywhere between $5,000-$10,000 per post, while the mega guys earn as high as $10,000-plus per post.

What’s the engagement level an Influencer is expected to have before brands can be enticed to work with them?

According to Later.com, brands generally expect to see an engagement rate of 2-3 per cent on influencers’ posts. That is, if you have 15,000 followers, the average number of likes and comments on your posts shouldn’t be less than 300-450. Say, 250 likes, 100 comments.

If you aren’t getting any beeps from brands, you can pitch brands yourself. Here are some marketplaces to find brands looking for influencers:UpFluence, AspireIQ and Famebit. 

2. Become an affiliate marketer

An affiliate marketer is someone who drives traffic (customers) to a brand’s website/platform, and in return, gets paid a commission (a percentage of the purchase price) for their efforts.

There are two challenges you’ll face here:

One is finding the programs to join. And the other is drawing traffic to the program.

You can find affiliate programs by following these steps:

  • Check affiliate networks: Some of the most popular affiliate networks to join include ShareASale, CJ Affiliate, Rakuten Advertising (also known as LinkShare), Pepperjam, AvantLink, Impact, and Link Connector.
  • Check websites of companies: Search for popular company names and check whether they offer affiliate programs. 
  • Check affiliate websites: There are tons of sites like RetailMeNot, Brads Deals, Ebates, and SlickDeals, which promote companies that offer affiliate programs. 
  • Check affiliate program directories: There are some sites on the internet like HighPayingAffiliatePrograms.com, which are dedicated to listing all the affiliate programs that are there. Check them out to see which programs are available.
  • Check Google: Or you can simply Google search {highest-paying affiliate programs in “name of niche”}. E.g., highest-paying affiliate programs Makeup and Cosmetics niche.

Regarding the challenge of drawing traffic to an affiliate program, all you need is a strong following and a healthy engagement rate, and you’ll beat this challenge.

3.Write captions for businesses

Are you good with words? Are you able to write catchy and captivating lines of texts that make people do anything you ask of them?

If so, then there may be opportunities for you to make money using this skill on Instagram.

With over 1 billion users on Instagram, small businesses know the opportunity to target new audiences is limitless. And as such, they’re doing everything they can to grab people’s attention.

To reach their target audiences, many of them hire freelance writers who help them craft catchy and results-driven captions.

Visit popular online workplaces like Freelancer and Upwork, and you’ll find tons of offers from businesses looking for caption writers.

Of course, you’ll need to create a compelling bio on these online workplaces to stand out from the competition.

Thanks to read

regards,

vanshdeep singh

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