How to earn money on Instagram?? 5 ways to earn through it




Introduction

Instagram is one of the fastest growing social media apps with an average monthly users of 1 billion spending an average time of 25-55 minutes a day. Instagram bot accounts could be as much as 95 million of the 1 billion monthly active users. The number of Instagram bot accounts in 2015 was 7.9% and has risen to 9.5% in 2019. Influencers get paid in part for the audience size, and, if they’re full of bots, brands are the ones losing money in the influencer economy.

Are you a newbie?

For a new user, it might be difficult to gain a follower list of 1k in the beginning, but as soon as your contents reach out, your hard work would start to pay you. No pain, no gain.

Bonus: 3 tips for new users before the end.

1.

Now let’s move to the more interesting topic, how much can you earn?

If you think about how much you can earn, you will put that much effort.

Here, in a populous country like India, the below table suits:

Number of Followers

Per Post (Rs)

2000- 9999

4,000 – 15,000 

10,000 – 49,999 

16,000 – 30,000 

50,000 to 99,999 

30,000 – 60,000 

100,000 to 500,000

Up to 1 Lakh 

Above 500,000

Up to 1.2 Lakh 

This is not fixed, one can earn likely more or less based upon the product they marketize.

Ways to earn:

1.       Affiliate marketing

2.        Product reviews

a    Brand collaboration

5.      Selling licenses for your photos and video

c    Marketing   consultant

Let me explain each one in detail.

1.     Affiliate marketing

As most of you have heard about, it is same here. Affiliate marketing makes you earn commission if your followers buy the product of the marketers. To do this, you should have deep study on the product based on your location and idea about the product in the minds of the people. Below provided is the ways how it work, 

  Text Overlays- place an affiliate link on the text showing the followers where they can buy the products.

·        Coupon- add the coupon code on the   text description. Once your follower  uses this coupon code to buy the   product, you will get a commission.

 

2.     Product reviews

Review about the product as a normal consumer without boosting up like “World’s No.1… bla bla bla”. Paid Product Reviews are the best part of earning as you are not going to really dumb your followers fakely. Being real with your followers is important as they were responsible for your position here. The brands will send a hamper of products, and they will pay you to promote as well. You will receive free products and a fixed amount per post/ stories in return for the promotion.

 

 Instagram sponsored posts

Companies promote their brands or products through celebrities and influential people. It is just like an advertisement. Top companies give millions for promoting their product or service. 

If you are a content creator you can also partner with start up brands and promote their product . If you have just started and you are a micro influencer and you are having a followers count of about 5000 - 10000 followers you can make 6,513 rupees per post. But the companies also see how do you engage with your audience.


License photos and videos

If you are a content creator you can license your photos and videos. Brands search for attractive images that are suitable for their posts. So, they need the photo that you have posted and they are obligable to pay an amount to you, Make sure you don't upload photos from the google images on Instagram. It's illegal you can post content on instagram that don't violate some one else intellectual  property.

Consulting

As an influencer you can share your knowledge and your experience with other content creators or startups to build their audience. You can also charge $15 - $60 per hour. As Instagram has about 200 million users creators need marketing consults to help them to grow their audience. Because most creators don't know how to make money out of Instagram. 

"People will follow when it's popular to follow you"

**Tips for new users:

1. Find your reason or niche to start the account, your purpose is more important as the marketers will search for how you will be useful in promoting their products.

2. Always provide quality videos and contents.

3. Don’t envisage yourself with the concept “More posts, More followers, More marketers”, instead grow gradually by understanding your followers needs.


I had also written 5 ways to invest your money in 2022 to check that 

Click this link

Conclusion

Please make sure you had comply with the Instagram monetization policies and then start doing the above things that I had mentioned. If you have any queries ask to me in the comments section.

To job opportunities click the link below 👇


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