We waste almost half of the day on mobile phones but why don't we invest our time in proper internet usage. Do you ever think that you can make money from mobile using Instagram?
Already people are making bucks online with a single Smartphone, and also, you can do this.
If you are still thinking I will do that, maybe you are going in the wrong direction. I suggest you, without losing your precious time, start now!
Do you know how a great opportunity to earn money on Instagram? Look at the below statistics-
As of January 2020, there are nearly 1 billion monthly active users on Instagram 500 million daily active Stories users. It is not a large number?
According to IG business, 60% users discover new products, 80% follow at least one brand, 200 million accounts check out a business profile each day, and 66% of profile views are from non-follower.
Let's turn your eyes country wise-
In 2020, in the US at 130 million, in India at 100 million, in Brazil 91 million, in Indonesia 73 million and in Russia 51 million monthly active users on the Instagram app. Huh! How a great, opportunity to make your passion as a profession.
If you want to make money on Instagram, you need a proper business model.
And you should know where to start your journey?
So, in this post, I will try to cover a few ideas to fulfil your needs. So, walk with me until the end of this post. And find the right place to make money on Instagram in 2020.
How to make money on Instagram without 10k followers
These days people are making big bucks on Instagram. I think you know that Kylie Jenner is paid around $1.2 million for a single post on Instagram. It's not amazing?
Obviously, if you are not one of such celebrities, your estimated earnings may vary depending on your followers, engagement and so on.
However, still, every individual can make money on IG even though the competition is too high. Here are the top 5 ways to earn money on Instagram.
- Promote Affiliate links
- Become an Instagram Influencer.
- Sell visual products
- Providing Social Media Marketing services
- Write Captions for Businesses
1 Promote Affiliate links
To make money with affiliate marketing, you need to join a high paying affiliate program. And if you have not joined yet, you should take a look at those 15 high paying affiliate programs.
Share affiliate links on your Instagram post and get a commission on each sale. Even someone clicked on your link but not made a purchase, no matter, you will get your commission, when he/she will purchase any product (regardless promoted link) before the ending of cookie life.
No matter how many followers you have, you can insert a clickable link on your bio. Share a product picture or do an honest review and disclose that it's an affiliate product by writing a caption under the post description. Post description links are not clickable, although people can checkout by double clicks.
It's better to create a landing page and tell them checkout on your bio.
2 Become an Instagram Influencer and earn from sponsored posts
If you have good followers that are around 1k, you can use your profile to promote all kinds of products and charge for each post.
As you have not more than 10k followers, you can choose a niche and publish photos and videos that you love. So, the brand approaches you rather than others because you have a targeted audience.
Top influencers make thousands of dollars per post. Keep in mind that it takes time, a lot of hard work and talent to reach this point. Initially, maybe brand negotiates with you at low cost but after gaining that point, you can charge smiler to others.
3 Sell visual products
Instagram is all about the visuals. That's why beautiful products like photos, the canvas will get more sales. And it was started as a photo-sharing app but today it's a great business platform.
You can sell any visual products like photos, posters, painting, drawings, animations and videos or other image-based virtual content. On each post, refer visitors to visit the link on your bio.
If you take quality photos, there is a chance that you can get paid for it. Once you snap some great shots, you can promote those shots and get paid.
But one thing I forgot to mention that, try to be unique, creative and original. Those ways you will get more engagement other than boring once.
4 Providing Social Media Marketing services
A few days ago, a student asked Sandeep Maheshwari, the founder of Imagesbazar, if you are my age now, what would you do first as a profession? His answer was I will learn social media marketing.
Because anyone who has digital marketing skills can become a billionaire.
And this fact is undeniable.
Instagram has strong sales potential, so more and more brands want to use this platform to promote products, reach out to target audiences and get a boost in sales.
And they are always looking for the best marketer, if you are one of them, then this opportunity could be great for you.
5 Write Captions for Businesses.
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While big brands could afford a lot to hire professional caption writers are far behind us. Today, brands of all sizes want to promote their products on this platform.
That's why small business owners often seek out quality Freelance to reduce Social Media Marketing costs.
And if you know how to write Instagram captions, can you imagine how a golden opportunity for you.
Bonus tips: to get high paying clients for you-
Run your Instagram profile creatively.
Show your best work on your IG profile as a portfolio so that interested employees can see examples of captions you write. In this way, you can get high paid.
Because more creative and engaging captions hook more potential clients.
Conclusion
In this article, I have covered 5 best ways to earn money on Instagram. And those 5 models will work when you put your best efforts to improve the quality. I hope those ideas were helpful to you.
Please leave your opinion on the comment box, and share this with your friends and on social media channels because sharing is caring ❣️.