How to Make Money on Instagram
There are numerous ways to make money on Instagram. The most common way to make money on Instagram is through influencer marketing. You endorse products and services for companies and individuals and earn money for your endorsement. The second common ways to make money on Instagram is by selling your own products and services. You can do this in two ways one, you sell directly from your page, and two, you set up a shop on Instagram and sell through your shop. The third common way to earn from Instagram is through videos. When you publish Instagram Reels, you will have a share of 1 billion USD in funds for short videos.The first and second method requires you to have a huge following before you can make money and the third money requires you to have tons of views on your videos. In to build views on your videos, you also need a lot of followers.
How to Make Money on Instagram?
Influencer Marketing: The most popular way to make money on Instagram is through influencer marketing. Influencer marketing means you market businesses and brands through your page and you receive payment for your promotional activities. In order to become an influencer, you need two things, one, a verified badge on Instagram, and two, a huge following. Getting a verified badge is not mandatory but this will help you gain trust from businesses because it will establish trust and represent who you claim to be. You can get promote businesses, individuals, products, and services and make money through sponsorships.
Shop: If you have 10k followers, you will be eligible to create a shop on Instagram and you can list your items for sale. You make money by selling products.There is also another way to make money on Instagram, which is by selling products. You can sell in two different ways, one, sell directly through posts, stories, and live streams, and two, through a shop page. While the first option of selling can be used by anyone, you need to get approval from Instagram to sell through the shop feature. You need a business profile and sign up for shopping and submit for account approval. You have requirements to follow, you need to be based in the supported country, you need to represent a business and a domain, follow policies, etc. You need at least 10 K followers on Instagram to become eligible to open Instagram Shop. Well building 10 k followers is not difficult if you are willing to spend some money on ads, but I am not active on Instagram. I am more comfortable on Facebook. Interestingly, you can also sell directly through your Instagram page and you do not need Instagram shop to sell through Instagram. If you have genuine followers, you will surly generate sales.
Reels: You can also earn through Instagram Reels. By publishing short videos for Reels, you will be eligible for Creator’s Funds and make money based on the views generated by your videos.
Marketing: You can promote your own products and services and make money by selling your products and services.
You need to remember one thing when it comes to making money on Instagram. You need a lot of followers to earn from any method you are using. For example, you can open a shop with just 10k followers, but you might need 100k followers to generate sales.
How to Make Money on Instagram By Opening a Shop
Instagram is one of the best social media platforms when it comes to making money. Top influencers on Instagram are making millions of dollars every month. Even the micro-influencers are making thousands of dollars. The only requirement to make money on Instagram is to have a huge fan following. When you have a huge fan following, you can make money through different methods.
Generally speaking, there are two ways to make money on Instagram, viz. influencer marketing and selling products through Instagram Shop.
In order to open a shop on Instagram, you must have at least 10,000 followers. If you have 10 thousand followers you can open a shop and then list your items for sale. You make money when the instagram users buy your products. If you have a huge following, selling products from your instagram shop is really easy.
You can sell physical as well as digital products from your Instagram shop.
What is the Easiest Way to Make Money on Instagram
You can earn on Instagram through various methods such as influencer marketing, social commerce, etc. But if you ask me what is the easiest way to make money on Instagram I will say affiliate marketing. You can join affiliate networks that do not require website and grab your affiliate links and then post on Instagram. But the question is whether it is easy to generate sales. Well sales depend on the number of followers you have.
Sponsored post is also an easy method. Even though I believe you can earn $50, or $500, or even $5000 per post on instagram, there are a lot of things to fulfill before you can make that kind of income. The most important things is to have followers, not just 1-2 thousands followers but 50-100 k followers or even more. Ronaldo makes $200K per post on Instagram, he has millions of followers on Instagram. If you can build a huge followers, Instagram can be a good source of income.
Selling products is also not very difficult. You can start listing your products for sale on your Instagram profile page but to generate sales you need a lot of followers. Having 1-2k followers on Instagram is not enough you need tens of thousands of followers. If you are buying followers or paying money for engagement, it will not help you. You need followers who are genuinely interested on your offer. Without having a lot of genuine followers on Instagram it is not possible to sell. You need to use advertising to build sales